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How to Import Your Household Belongings and Vehicle into Romania
22 June 2018 • NewsRomania is a beautiful country and despite its current status as a developing nation, Romania's capital city of Bucharest is recognized as a hub of commerce and culture within the European Union (EU).
An investment of over 1 billion euros for a new terminal at Otopeni Airport
23 June 2018 • NewsHenri Coanda-Bucharest International Airport could have a new passenger terminal, part of a large development project that will include a platform, runway system, access roads, parking lots and buildings, estimated at 4.75 billion ROL (over 1 billion euros).
A highway to connect Moldavia and Transylvania is needed, World Bank representative says
23 June 2018 • NewsTatiana Proskuryakova, World Bank country manager for Romania and Hungary, has posted on her blog an analysis about her recent visits in our country. She mentions the main challenges Romania is facing on the way to complete reforms. Her visits included the cities of Iasi, Timisoara, Dej, Constanta, Caransebes, Alexandria and others.
Globalworth starts the construction of the last phase of Globalworth Campus
21 June 2018 • Real estateGlobalworth, the leading office investor in Central and Eastern Europe (CEE), starts the construction of the last phase of Globalworth Campus complex, Tower 3 building, with a total leasable area of 35,000 sqm.
Where is Romania in the world? On the same level with Brazil and Mexico, 10 years behind Poland
18 June 2018 • NewsRomania managed to catch up with the economies of Brazil and Mexico during the last 25 years, but still lags behind other Central and Eastern European countries in terms of real development, World Bank experts say. According to analysts, Romania’s growth rate between 1992 and 2016 was 1 percent higher than the average for upper middle-income countries and more than three times the rate for the EU and developed countries.
Developer AFI Europe announces new CEO for Romania
18 June 2018 • Real estateIsraeli group AFI Europe, one of the biggest real estate developers and investors in Romania, appointed Doron Klein as CEO of its local subsidiary, starting July.
British investor puts EUR 30 mln in new mall in Northern Bucharest
19 June 2018 • Real estateNova Imobiliare, the company that owns the Colosseum retail park in Northern Bucharest, will invest some EUR 30 million in expanding the project with a mall.
Unirii View, the tallest modern building in the centre of Bucharest, takes shape
11 June 2018 • Real estateUnirii View, a project which will be the tallest modern office building in downtown Bucharest, is taking shape. Construction works are advancing in a sustained rhythm and the building will dominate the outline of the ultra-central area of Bucharest, reaching the 11th floor and a height of 45 meters at the beginning of next month.
Short guide to Bucharest’s public transport, taxis and car sharing services
12 June 2018 • NewsIt is well known that the Romanian capital is among the world’s cities with the most congested traffic. So what other choices are there for those days when driving doesn’t seem to be an option or for those moments when you just don’t feel like driving? How can you get around Bucharest when you are in the city for just a few days? We’ve made a list of options, which includes buses and trams, the subway, taxis, and ride sharing services such as Uber and Taxify, as well as all you need to know about them.
British School of Bucharest invites you to explore the world at Summer School 2018!
13 June 2018 • NewsBritish School of Bucharest (BSB) will start its summer school program on 2nd July, open to all children aged between 4 and 15, no matter what school they are currently attending.
Bucharest for kids: fun things to do for everyone 30 May 2018 by Ro Insider
5 June 2018 • NewsWhen it comes to leisure and fun options for children, the Bucharest offer has been diversifying and expanding constantly in recent years. For the weekend, June 1st or simply when it’s time for family time, here are some options to keep the little munchkins entertained.
Expat eye: Is living in Bucharest cheap? Seven things to check out
5 June 2018 • NewsMost expats – Western ones at least – will tell you that they have a better quality of life here than in their home country. Foreign adventures and careers aside, this largely comes down to money: your cash goes further here, so if you have any sort of Western income – not even a particularly impressive one – you’re laughing.
Where do expats prefer to live in Bucharest?
5 June 2018 • Real estateSome 70% of expat managers and foreign diplomats come to Romania with their families, so they prefer to settle in northern Bucharest for the large parks and green areas, access to international schools and kindergartens, and the availability of premium apartments.
Cost of Living in Romania
5 June 2018 • NewsThe cost of living in Bucharest can be comparable to the one in other major European cities, while the average salary is 2300 lei (around 500 euro). Local dairy products and produce are relatively affordable compared to the prices in Western Europe. Lunch menus are usually cheap, but dining in a restaurant is significantly more expensive. A main dish, a side and a beverage can cost between 60-100 lei (14-22 euro) per person, depending on the quality of the restaurant.
Daily life and social customs
6 June 2018 • NewsRomanians’ lives are generally guided by the religious traditions to which they adhere. Thus, ethnic Romanians who follow the practices of Eastern Orthodoxy participate in elaborate customs and ceremonies during Holy Week and at Easter. The Hungarian and German minorities, who generally belong to the Roman Catholic and Protestant churches, put a greater emphasis on the celebration of Christmas.
Foreigners Buying Property in Romania
6 June 2018 • Real estateThe Romanian Legal System establishes precise regulations concerning the matter of ownership right over real estate in Romania. There are several distinct instances that must be explained in order to fully understand the overall legal approach. Foreign citizens can acquire real property in Romania, but only on certain conditions. These limitations generally concern immediate economic criteria that Romania had to fulfill as an active member of the European Union.
The largest PORCELANOSA showroom in Europe was opened in Bucharest
9 June 2018 • NewsThe largest PORCELANOSA showroom in Europe was opened in collaboration with the local DISEŇO brand . The space from Dorobanti Calea 135-145 is a source of inspiration through the way materials and textures are combined resulting in an unexpected and innovative design.
Globalworth lists the second issue of corporate bonds worth 550 million euros on the Bucharest Stock Exchange
1 June 2018 • NewsGlobalworth lists the second issue of corporate bonds worth 550 million euros on the Bucharest Stock Exchange Globalworth real estate investment firm, founded by Greek businessman Ioannis Papalekas, listed the second issue of corporate bonds worth 550 million euros on the Bucharest Stock Exchange (BVB), BVB announced.