Business Review

The Romanian population has fallen sharply down to slightly over 19 million people, according to the preliminary results of the census which keeps track of the population and dwellings announced by the National Institute of Statistics.

Otilia Haraga

Orange Romania launches a tablet under its own brand, called Orange Tahiti, starting with February 3.

Otilia Haraga

South African investment fund New Europe Property Investment NEPI has taken over the majority stake in ModaTim Investment Properties, the developer of the City Business Center CBC in Timisoara. Businessman Ovidiu Sandor, the initiator of the project, will continue to administer the project untill 2015, and will be in charge with managing the development of buildings D and E from the project.

When out shopping these days, consumers are ever more likely to turn to their personal computers (PCs), smartphones and tablet PCs to find gifts, check recommendations, compare prices, access online coupons, and ultimately pay for their purchases, according to the results from KPMG International’s 5th Annual Consumers and Convergence Survey.

Otilia Haraga

Tourists on one of the ski slopes - Cavnic (Icoana and Roata ski slopes in Maramures), Arieseni (Alba county), Straja (Hunedoara county) and Gura Humorului (Suceava county)- who are also Vodafone customers can benefit free of charge from Wi-Fi internet.

Otilia Haraga

There were about 7 million tourist arrivals in Romania last year, up 16 percent in 2011 y-o-y, while overnight accommodations rose by 12.2 percent on the year according to the National Statistics Institute (INS).

Simona Bazavan

Afi Europe has announced that it has signed an agreement with retailer Real which will open its fifth hypermarket in the capital on the grounds of the future Afi Palace B. Noi shopping mall.

Simona Bazavan

The telecom regulator in Romania announced that it will slash termination rates for mobile and landline telephony in Romania by more than 30 percent during the interval March- September this year.

Otilia Haraga

Cocor Media Channel, the media façade of the Cocor store in Bucharest, reported EUR 1.4 million outdoor ad sales for 2011, down EUR 3 million y-o-y. According to data from te Bucharest Police, an average of 3 million cars passed each month in from of the media façade.

Simona Bazavan

Sonia Artinian was appointed country CEO of Lafarge Romania responsible for all of the company’s operations in Romania. She is replacing Philippe Questiaux who stepped down at the beginning of 2012 after leading the cement business of Lafarge in Romania for the past 10 years.

Simona Bazavan