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Economic
Cars: Turnover in cars and motorcycle trade grows 10.2 pct in July 2019
Tuesday, September 17, 2019
The total turnover for wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles went up in July 2019, as gross series, by 10.2 pct, compared to the same month of last year, and as adjusted series according to the number of working days and seasonality by 7.9 pct.The increase in turnover on this segment is due to increases registered in the trade with motorcycles, spare parts and related accessories; the maintenance and repair of ...
More than a third of Romanians would buy an electric car, Study says
Tuesday, September 17, 2019
The interest for electric cars is growing in Romania and Italy, reads a study conducted by E.ON and Kantar EMNID. On the other side, only 16 percent of Germans plan to buy an electric car, with most of them opting for a gasoline engine. ...
Agriculture : Government approves establishment of bank of plant genetic resources in Buzau
Tuesday, September 17, 2019
The Government adopted a decision regarding the establishment of the Buzau bank of plant genetic resources for vegetable crops, floriculture, aromatic and medicinal plants, Government spokesman Nelu Barbu announced ."At the proposal of the Ministry of Agriculture, a Government decision was adopted regarding the establishment of the Buzau Bank of plant genetic resources for vegetables, floriculture, aromatic and medicinal plants. It is practically a historic ...
Telecom. IT: ANCOM: The 2G / 3G / 4G signal amplifiers can be operated only with the agreement of the operators
Tuesday, September 17, 2019
The 2G/3G/4G signal amplifiers should have CE mark and can be activated only with the agreement of mobile phone and mobile Internet operators, says the National Authority for Administration and Regulations in Communications (ANCOM). “Because the use of such equipment, without operator agreement grows every year, we inform users that they risk sanctions according to the law in force,” says Cristina Popa, ANCOM CEO for control and ...
Murielle Lorilloux (Vodafone/UPC): 5G will boost the digitization and transformation of Romania
Tuesday, September 17, 2019
The implementation of 5G will help Romania to become more digital, while enabling transformation and modernization in the country, Vodafone and UPC CEO Murielle Lorilloux told Business Review. Vodafone has taken over UPC Romania and entered a new market: convergent services. What does that mean for the customers of UPC? We closed the deal on 1 August, after a long period of ...
Trade: KeysFin expects sales of electro-IT goods to go up 7.5% this year in Romania
Tuesday, September 17, 2019
The sales of electro-IT distributors and retailers in Romania are on an upward trend, partly thanks to the expansion of e-commerce, according to an analysis by market research firm KeysFin, which projects a 7.5% rise in total sales to RON 36 billion (EUR 7.6 bln) this year. The growth is expressed in local currency, nominal terms subject to a headline inflation of around 4%. Moreover, the sales figure reflects the combined turnover reported by ...
Healthcare: Projects of 47 million euros from SEE and Norwegian funds for Romanian health system
Tuesday, September 17, 2019
Eight projects for improving prevention and reducing inequalities in the Romanian health system will be financed with funds of 47 million euros through SEE and Norwegian grants, according to a press release of the Ministry for European Funds (MFE). The program “European challenges in public health”, financed by SEE grants 2014-2021, gathered on Thursday several representatives of authorities in charge of development and finding new ...
The European Commission supports Romania to build three regional emergency hospitals in Iasi, Cluj and Craiova
Tuesday, September 17, 2019
The European Commission through the Service for support of the structural reform (SRSS) takes an active part in the preparation of the design and construction in Romania of three regional emergency hospitals in Iasi, Cluj and Craiova, shows a press release of the community executive. Starting with 2017, the European Commission helps the ministry of health of Romania to manage the projects of construction of the three regional hospitals. The objective ...
MedLife takes over pathological anatomy and molecular biology lab Onco Team Diagnostic
Tuesday, September 17, 2019
Private medical services provider MedLife announced the acquisition of a majority stake in medical company Onco Team Diagnostic, the first lab focused on pathological anatomy and molecular biology to be added to its portfolio. The unit joins the existing laboratories in the group (MedLife Grivita, MedLife Brasov, Laboratory Panduri, etc.) providing tests on this segment. The Onco Team Diagnostic Laboratory is located in Bucharest and has over 6 years ...
Hospital manager: Dozens of undiscerning patients used as lab rats for drugs testing study
Tuesday, September 17, 2019
Dozens of chronic, undiscerning patients at a ward of the Psychiatric Hospital in the Central Romanian city of Brasov are said to have been used in a study aimed at testing various drugs, according to the manager of the hospital quoted by hotnews.ro.Manager Nicusor Bigiu told Mediafax news agency that he ordered a commission to analyse the case after the received information that tests were done at a psychiatric ward more than a decade ago and dozens of patients ...
Real estate: Real estate prices have grown in Bucharest
Tuesday, September 17, 2019
With a general advance of 2.6% compared to July, Bucharest ranks second, after Iasi, in the top of price rises, the demands of Bucharest sellers recording an average of 1,352 euros/ square meter (on the rise from 1,318 euros) according to Imobiliare.ro. Apartments in old buildings appreciated with the same percentage and can be bought with 1,282 euros/sq.m, compared to 1,250 euros/sq.m. New buildings recorded an increase of 2.3%, from 1,375 to 1,406 ...
New residential buildings in Romania switch from rural to urban at a fast pace
Tuesday, September 17, 2019
The number of new homes built in Romania continues to grow at a fast pace this year but a new trend is seen on the market as cities concentrate most of the new residential buildings. Official data show that 27,204 new dwellings were completed in Romania in H1 2019, up 18.2 percent against H1 2018. Unlike previous years, when more than 40 percent of new dwellings were built in villages – where around 45 percent of Romanians ...
Tourism: Romania, the sixth in the world as number of foreign tourists to Israel
Tuesday, September 17, 2019
Romania is the sixth country in the world in the top of countries of origin of foreign tourists who visit Israel, stated recently the manager for Development in the Israeli Ministry of tourism Ksenia Kobyakov, present in Bucharest at the event of presentation of the situation of tourism in Israel.‘As regards the Romanian tourists, in two years the number of Romanian tourists grew by 40% and Romania is the sixth in the top of countries as number of ...
Healthcare: First oncology centre for personalized therapy in Eastern Europe to open in Timisoara
Tuesday, September 10, 2019
The first oncology centre for personalised therapy in eastern European Union will be built over the next two years at the Victor Babes Infectious Disease Hospital in Timisoara, where both lung tumours and metastatic cancer will be treated."We want to develop a radiosurgery system of sub-millimeter accuracy, dedicated mainly to lung cancer patients, as well as those with metastases in their brain or other organs. I say this, because around 70pct of lung cancer patients come to us ...
Eurostat: In 2016, highest shares of treatable deaths were registered in Romania (31.9%)
Tuesday, September 10, 2019
In the European Union (EU), about 1.7 million persons aged less than 75 died in 2016. Among them, around 1.2 million deaths could be considered as premature according to the recently developed Eurostat-OECD list of avoidable mortality. Out of those, 741 000 preventable deaths could have been avoided through effective public health and primary prevention interventions, and 422 000 treatable deaths through timely and effective health care interventions. Heart attacks (174 000 deaths), ...
Infrastructure : Government to launch EUR 700 mln-tender for building new terminal at Otopeni airport
Tuesday, September 10, 2019
The government will launch within the next month a tender for building a new terminal at Otopeni airport, the main airport of the country, the project being estimated at EUR 700 million. The investment in the new terminal will be financed from EU funds and from the budget of the state-owned airport company, according to the Transport minister. Airport passenger numbers have soared in Romania in the last few years due to income rise, cheap flights offered by low-cost companies ...
Trade: Romania is the cheapest country in the EU for alcohol drinks
Tuesday, September 10, 2019
Romania is the cheapest country in the European Union for booze, with alcoholic drinks costing just 74 percent of the EU average price. “The price levels for alcoholic drinks in 2018 were lowest in Bulgaria and Romania (both with a price level index of 74) followed by Hungary (77),” Eurostat says. The price of alcoholic drinks (spirits, wine and beer) across the EU was more than twice as high in the most expensive member state than in the cheapest one.The highest ...
Agriculture: Romania, first country in Eastern Europe where Commoditrader digital platform is launched
Tuesday, September 10, 2019
Romanian producers and traders in the agricultural sector have at their disposal, starting Wednesday, the Commoditrader digital platform, which allows them to trade and manage the transport of agricultural commodities digitally.According to a statement, the Danish Commoditrader app offers customers the opportunity to compare prices and other contract terms in agricultural markets, both in Romania and abroad, thus increasing the bargaining power of farmers and giving traders ...
EU wheat exports gather pace in latest week, Romania continues to lead
Tuesday, September 10, 2019
Wheat exports from the EU continued to gather pace in the latest week of the 2019-20 marketing year (July-June) taking the total for July 1-September 2 to 3.9 million mt, up 20% on the year, the EU Crops Market Observatory data showed. The EU shipped 397,455 mt of wheat in the week ended September 2 compared with 360,959 mt shipped a week earlier, according to the data released Monday. Romania remains the bloc's top exporter, with wheat shipments hitting 1.4 million mt in the ...
Real Estate: Rental transactions tripled in the first half of 2019
Tuesday, September 10, 2019
RE/MAX Romania, part of the world leader in real estate and franchise number 1 globally in this segment, registered in the first semester of this year a tripling of the number of rental transactions compared to the same period of 2018. At the same time, the RE/MAX Romania offices brokered a double volume of transactions compared to S1 2018, with a cumulative value of about EUR 79 million. According to company representatives, about 40 percent of the transactions concluded in S1 2019 ...