RSS
Economic
Romania-China Memorandum of Understanding on cooperation in plant quarantine
Tuesday, October 1, 2019
The Romanian authorities have signed a Memorandum of Understanding with the General Customs Administration of the People's Republic of China on cooperation in the field of plant quarantine, informs on Wednesday the Ministry of Agriculture and Rural Development (MADR).Secretary of State with the MADR Daniel Botanoiu welcomed on Tuesday a delegation of the General Administration of Customs of the People's Republic of China, headed by Vice Minister Wang Lingjun. The ...
Cars: Automobile market in Romania on the rise by 9%
Tuesday, October 1, 2019
After the first 8 months of 2019, the automobile market registers a general increase of 9% compared to the same period of 2018 and of 4.5% against the previous month, according to an APIA press release. New car sales were sustained, purchases being made mainly by companies, which recorded 58% of automobiles bought in the first 8 months of 2019. The number of cars bought by private persons in the same time span (47,167 units) is by 30.8% higher than in ...
Over half of second hand cars sold in 2019 had at least one hidden damage
Tuesday, October 1, 2019
Over 60% of second hand cars to be sold, checked to see their damage history by InspectorAuto.ro company over January-August 2019 had at least a hidden damage, according to data published by the company. The report shows that in Romania, cars with major damages are still sold, as most Romanians just check the mileage without checking for hidden damages. 18% of cars checked for damage history had major damages whose repairs ...
Healthcare: Romanian Cardiology Society requests national control plan for cardiovascular diseases
Tuesday, October 1, 2019
The Romanian Cardiology Society requests a national control plan for cardiovascular diseases for access to primary and secondary prevention services, when 60% of deaths every year are due to this affection. According to RCS, the information, action and treatment level continues to be very low. Although between 2001 and 2016, Romania's population dropped by 12%, the total number of deaths due to cardiovascular diseases ...
70.6% of people aged over 16 consider are in good and very good health
Tuesday, October 1, 2019
70.6% of people aged 16 and over consider they are in good and very good health, 22.3% consider their health is satisfying, and 7.1% think they are in bad or very bad health, according to the “Survey on the quality of life”, made by the National Statistics Institute last year. People aged over 65 represent about two thirds of people with bad and very bad health (64.6%). “Most people who consider they have a ...
Real estate: Eurostat: House prices in Romania went up by 5.6% in 2018
Tuesday, October 1, 2019
In 2010 and 2011 housing prices in Romania recorded an annual drop by 7.5% and 12.3% respectively, then went up by 5.6% in 2018, according to data published by Eurostat. In EU, house prices went up by 16% over 2010-2018. In that time span, the most significant advance among EU states was recorded in Estonia (83%), Latvia (61%), Austria (56%), Sweden (55%) and Luxembourg (50%), while the highest decline was in Italy (-17%), ...
Telecom. IT: Apple iPhone 11 launched in Romania
Tuesday, October 1, 2019
The latest models iPhone 11, iPhone 11 Pro Max and Apple Watch series 5 were launched on Friday, in Bucharest. The company iStyle, representing Apple in Central Europe, expects products to sell rapidly and to have a business figure of 45 million euros in Romania at the end of 2019. Compared to 2018, the number of early orders went up by 15%, about 85% of them being for iPhone 11 Pro and iPhone Pro Max. iStyle expects ...
Agriculture : Zarea buys top-selling red wine brand in Romania
Tuesday, September 24, 2019
Bucharest-based sparkling wine producer Zarea has taken over the (sweet) red wine brand Sange de Taur (Bull’s Blood) previously owned by local wine producer Domeniile Tohani. The transaction, whose value was not disclosed, is part of Zarea’s strategy to optimize its high-turnover portfolio and consolidate its relationship with local distributors and retail networks, the company said in a press release. “The Sange de Taur brand has very good notoriety, being ...
Romania becomes EU’s main cereal exporter
Tuesday, September 24, 2019
Romania has become the main cereal exporter among the European Union member states, leading the economic bloc in terms of wheat and maize exports to other countries. During the first 11 weeks of the current marketing season 2019/2020, Romania has exported 1,72 million tonnes of common wheat, or 33.6 percent of total EU export, followed by France (1,26 million tonnes, 24.6 percent of EU export), according to EU Crops Market Observatory. Romania is also the main maize exporter, ...
Cereal exports grow by 17.5 pct in Q1 of 2019
Tuesday, September 24, 2019
Romania exported, in the first six months of 2019, cereals worth 1.03 billion euro, a 17.5 pct increase over the similar period of last year, according to data centralized by the National Institute of Statistics (INS).On the other hand, cereal imports clocked in at 195.9 billion euro (+22.9 pct), resulting in a trade surplus of 834.8 million euro.Corn exports totaled 532.031 million euro, representing 1.5 pct of total exports, while wheat and maslin totaled 450.419 ...
More than half of Romania still depends on agriculture
Tuesday, September 24, 2019
Only three out of the eight regions in Romania have their economy based mainly on industry or services, while the other five regions are still considered mostly agriculture-based, showing the slow pace towards economic progress on the eastern fringes of the European Union. According to Eurostat data on EU employment shares by economic activity, five out of the eight regions in Romania reported an employment share at least three times as high as the EU average of 4.5 percent in ...
First Romanian farmers’ association gets licensed for “mountain dairy” products
Tuesday, September 24, 2019
A Romanian farmers’ association in Sîngeorz-Bai, Bistri?a-Nasaud county, is the first cooperative in the alpine area to obtain the right to use the optional mention "alpine product" for six dairy products, the Agriculture Ministry announced on Tuesday, September 17. The products "Yellow Cheese", "White Cheese", "Cream", "Cottage Cheese (Urda)", "Curd" and "Cheese kneaded in Sîngeorz-Bai" were registered in the National Register of alpine products. According ...
Tourism : Busteni, Sovata and Sighisoara, cheapest autumn tourist destinations
Tuesday, September 24, 2019
Busteni, Sovata and Sighisoara are the localities with the cheapest accommodation options in Romania, the price per night in a 3-star hotel during the autumn months amounting on average to 27 euros, 29 euros, 34 euros, respectively, according to a press release of the search engine momondo.ro sent on Thursday.As for the destinations at the Black Sea, the resorts with cheap accommodation options during the autumn months are Eforie Nord, Neptun and Constanta, and the average rates ...
Non-resident tourists arriving in Romania spend on average 2,609,7 lei/person in H1 2019
Tuesday, September 24, 2019
In Q II 2019, the total number of non-residents in collective1 tourist accommodation structures was 761.9 thousands and their total expenditure amounted to 1853.7 million lei. In the first semester of 2019, the number of non-resident tourists in collective tourist accommodation structures was 1205.6 thousands and their total expenditure amounted to 3146.2 million lei. The total number of non-residents accommodated in ...
Real Estate: Real estate investments still high with rising interest in industrial space
Tuesday, September 24, 2019
Over recent years, Romania has become one of Central and Eastern Europe’s most attractive regions in which to start operations. According to research by JLL, by the end of 2020 the country is expected to be the second largest economy in CEE and it continues to attract investors from all over the world – not only from Europe, but also South Africa, the USA and China. In Q1 2019, Romanian GDP grew by 5.1 percent, while it increased by 4.1 percent in 2018 – double the ...
Prices of apartments in Romania are “exaggerated” - JLL Romania
Tuesday, September 24, 2019
The prices on the Romanian residential market are exaggeratedly high, in many cases unjustified, said Marius Scuta, head of the office department at JLL Romania on Thursday, in a meeting with the press. In the case of recession, or a correction of the market, the luxury sub-segment will probably remain in demand and the prices will decrease by 10%-15%, while the mass segment, which includes “matchboxes” (apartments with small surface sold at a lower price) that are built ...
Trade: Romanian smarthome market grows by 30 pct per year, but only gets to 5 pct of homes
Tuesday, September 24, 2019
If in Belgium and France the smart homes reach 60 percent of the total of the newly built residential segment, in Romania this proportion is below 5 percent. However, smart homes are increasingly preferred by more Romanians, the growth of this segment being 30 percent per year. The most common solutions implemented are intelligent control of lighting, blinds and temperature, followed by sound and energy management. Legrand is one of the leading players in the smart home solutions ...
Healthcare: Health Ministry to reorganize transplant activity with EU funds
Tuesday, September 24, 2019
The Ministry of Health informed that the transplant activity will be reorganized with funds from the European Union, as over 15.6 million euros are to be used for the development of the National Register in the field, the updating of the guides and protocols, and also for the systematization and simplification of the legislation, a press release from the Ministry of Health shows.The project dubbed "Improvement of the regulatory process in the field of transplantation", one of the ...
Cars: Sales of Dacia passenger cars up 7 pct in August, in Europe
Tuesday, September 24, 2019
Sales of Dacia passenger cars increased by 7.1 per cent in August, in Europe, with this car manufacturer's market share climbing up to 4.4 per cent from 3.7 per cent in the same period last year, according to statistical data published on Wednesday by the European Automobile Manufacturer's Association (ACEA).The data are valid for the European Union and the Free Trade European Association (EFTA) countries, namely Iceland, Liechtenstein, Norway and ...
Lithuania, Romania record most significant advances in car sales in Europe
Tuesday, September 24, 2019
New passenger car registrations dropped 3.2 per cent in Europe in the first eight months of this year, while Lithuania and Romania reported the most significant advances, showed data released on Wednesday by the European Automobile Manufacturers' Association (ACEA). The statistical data are for the European Union and the European Free Trade Association (EFTA) countries, namely Iceland, Liechtenstein, Norway and Switzerland.The Romanian car market recorded a ...