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Infrastructure : Romanian Airports Association: Passenger traffic to decrease 61% this year because of pandemic
Tuesday, August 25, 2020
Passenger traffic at the 17 airports in Romania will decrease by 61% by the end of the year, according to a document presented on Monday at the annual meeting of general managers within the Romanian Airports Association (AAR), organized in Venus seaside resort.According to the document presented by the president of AAR, David Ciceo, the passenger traffic registered in the first half of the year in all 17 airports in Romania decreased significantly, by the end of ...
European non-reimbursable funds of over 312 million lei for Lot 4 of the North Belt of Bucharest
Tuesday, August 25, 2020
Building work for the motorway surrounding Bucharest’s ring road has kicked off today, in a ribbon cutting event with multicolor fireworks attended by PM Ludovic Orban and Transport minister Lucian Bode. Bucharest is the only capital city in the European Union which lacks a high speed ring road. “Bucharest has needed the ring road motorway not since yesterday, but for at least 15 years. This ...
Cars: APIA: Motorcycle market in Romania grows by 4.7 pct, at 7 months
Tuesday, August 25, 2020
The total number of registrations of motorcycles, ATVs and scooters has grown in Romania, in the first seven months, by 4.7 pct over the same period of last year, shows the data of the Directorate for Driving Licenses and Vehicle Registration (DRPCIV), quoted by the Association of Automobile Producers and Importers (APIA).According to the quoted source, the year 2020 has debuted with a consistent increase of motorcycle registrations, namely by 30.5 pct in January and 63 ...
Telecom. IT: Average national download speed for fix Internet grew by 10% in 2019
Tuesday, August 25, 2020
The average data transfer speed through fix and mobile Internet is rising at national level, according to the National Authority for Management and Regulation in Communications of Romania (ANCOM). The Authority points out that the national average download speed for fix Internet grew by 10%, to 148.95 Mbps in 2019 compared to 2018. “Official statistics on the quality of fix and mobile Internet in Romania elaborated by ANCOM based on tests from ...
Telecom.IT : President Iohannis: Legislation worked out to prevent suspicious companies from entering 5G market
Tuesday, August 18, 2020
Romania wants secure networks and a special legislation is being worked on to prevent suspicious companies from entering the 5G market, said President Klaus Iohannis on Wednesday, at a briefing at the Cotroceni presidential Palace."Romania's position is exactly the position expressed in the memorandum that was signed last year, when I visited President Trump. We want secure networks, networks that are not under the control of countries with interests other than ...
Agriculture : Romania's national forest stock covered 27.7 pct of country's surface at end-2019
Tuesday, August 18, 2020
Romania's national forest stock covered 6.592 million hectares or 27.7 percent of the country's surface as of the end of 2019, by 0.1 percent more compared to 2018, shows data centralized by the National Institute of Statistics (INS).Woodlands accounted for 6.427 million hectares, with 1.915 million hectares (29.8 percent) under coniferous species and 4.512 million hectares (70.2 percent) under deciduous trees.Woodland under public property ...
Romania's raw milk imports 42.8 pct up in H1
Tuesday, August 18, 2020
Romania's raw milk imports in H1 2020 were almost 43 percent higher YoY, while the amount of milk collected by processing units from farms and collection centers was by 0.7 percent lower than in the same period of the year before, shows data released on Tuesday by the National Institute of Statistics (INS).The production of sour cream decreased by 109 tons (-0.3 pct) in the reporting period compared to the first six months of 2019.Compared to the ...
President Iohannis promulgates law on farmland purchase, sale
Tuesday, August 18, 2020
On Friday, President Klaus Iohannis promulgated a law amending and supplementing Law 17/2014 establishing measures to regulate the sale-purchase of farmland located outside the built-up area and amending Law 268/2001 regarding the privatisation of commercial companies that administrate land in the public and private property of the government designed for agricultural use and the establishment of the State Estates Agency.The law says that the alienation by ...
Real Estate: Real estate investment advances 17pct In Romania in H1 2020
Tuesday, August 18, 2020
The volume of real estate investment in Romania totalled approximately 395 million euros in the first half of 2020, 17% more than in H1 2019, according to a press statement released by the real estate consulting company CBRE on Thursday.Office buildings were the most sought after property by investors, representing 88% of the traded volume."Office buildings continue to attract the attention of investors, especially projects in Bucharest. Currently, ...
Colliers: Construction sites are working at a normal pace during this period
Tuesday, August 18, 2020
Colliers International has monitored construction works, from foundation to delivery, for projects with almost 750,000 square meters in the last 5 years, of which three quarters in the industrial area, almost 20 percent in the office area and 5 percent in the residential area. Construction works are being carried out at a normal pace during this period on the sites monitored by Colliers International specialists or even at an accelerated pace in some cases, amid plans to ...
Retail park in the first semester: Recovery after lockdown has been better than most market participants expected
Tuesday, August 18, 2020
The first half of the “pandemic year” was most difficult for retail players, considering the lockdown during the emergency state, but the recovery up until July has been better than most market participants were initially expecting, according to Colliers International’s market report for the first semester of 2020. In the industrial & logistics area, it has been business as usual during the pandemic, with some seeing big spikes in activity, but a ...
Modern industrial and logistic stock reached 4.7 million square meters at the end of June
Tuesday, August 18, 2020
Around 120,000 square meters in new modern industrial & logistics spaces are estimated to have come online in the first semester of 2020 throughout Romania, with 100,000 square meters in the vicinity of Bucharest, which is less than half the level seen a year ago. Colliers International consultants explain that some clients have decided to postpone their expansion plans for 2021 and also a big part of the speculative developments were put on hold amid the coronavirus ...
Trade: Sales of dermo-cosmetics in Romania down by 18.5% in Q2
Tuesday, August 18, 2020
Romanians bought dermo-cosmetic products from pharmacies worth RON 58.6 mln (EUR 12 mln) in April-June, 18.5% less than in the same period last year. The most in-demand products were those for facial care (40.5% of the total, in value terms), followed by those for the body (19%), and those for hair care ...
Cars: APIA: the auto market in Romania dropped over 34% in the first seven months
Tuesday, August 18, 2020
The auto market in Romania registered a contraction of 34.2% at the level of the first seven months of the year, against the same period of 2019, show the dates of the Association of Auto Producers and importers (APIA) published on last Monday. According to the analysis, starting with January to July, the general top of makes (motor cars and commercial cars) is led by Dacia with 20,252 units, followed by Volkswagen (5,779), Renault (5,667) Skoda (5.000), ...
Green vehicle sales in Romania up by almost 3.6 pct as of end-July
Tuesday, August 18, 2020
Sales of new green vehicles in Romania in the first seven months of the year advanced 3.57 percent YoY to 3,772 units from 3,642, shows data with Romania's Association of Car Manufacturers and Importers (APIA).As of July 31, 2020, the share of new electric and hybrid vehicles in the total local car market stood at 6.1 percent, well above the 3.9 percent registered the year before.According to APIA, most of the green car purchases in the reporting ...
Healthcare: Budget of the Ministry of Health supplemented by 3.11 billion lei
Tuesday, August 18, 2020
The additional amount allocated to the Ministry of Health in the budget rectification is 3.11 billion lei, the Minister of Public Finance, Florin Citu, stated on Friday, in the beginning of the gov't meeting.He specified that the amount of 1.1 billion lei is intended for the payment of the salaries of the medical staff. "In the health field, 1.1 billion lei are for ensuring the necessary funds to pay the salaries of the staff in public health units, 500 million ...
Sales of pharmaceuticals in Romania, down 16.6% in June
Tuesday, August 18, 2020
The sales of medicines decreased by 16.6% in June 2020 compared to the same month of 2019, due to the COVID-19 pandemic, according to market research company Cegedim. The issue of patients having been neglected or not treated because most of the resources are concentrated in fighting the coronavirus pandemic has been circulated recently, and the figures come to support this ...
Infrastructure : Henri Coanda airport starts EUR 22.7 mln upgrade works at runway 2
Tuesday, August 18, 2020
Bucharest National Airports Company (CNAB) announced on Wednesday, August 12, that it has started the modernization works at runway 2 of the Henri Coanda International Airport - Bucharest’s main one. The contract of almost RON 110 million (some EUR 22.7 million) was attributed to Porr Construct SRL by public ...
Blue Air expands operations in Italy
Tuesday, August 18, 2020
The largest Romanian airline, Blue Air, announced that it is expanding its operations in Italy by allocating an additional aircraft to its base in Turin as of September 2020. The company will also introduce three new routes from Turin and increase flight frequencies on the domestic routes in ...
Agriculture: Ministry of Agriculture prepares Water Management Strategy
Tuesday, August 11, 2020
The Ministry of Agriculture and Rural Development (MADR) is preparing a Water Management Strategy referring to investments in the main and secondary irrigation infrastructure, draining infrastructure and soil erosion control. The announcement was made by minister Adrian Oros, following a meeting with His Excellency David Saranga, the Israeli ambassador to Romania, who offered to share Israel's experience and technology in fighting ...