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Economic
Agriculture: EC suspects Agriculture Minister Daea has inflated ‘The record crops’ in the past two years
Tuesday, July 16, 2019
In an official letter, the European Commission asks the Ministry of Agriculture to review its statistics about the agricultural crops in recent years, at national level. The document is held secretly in the ministry and ...
President signs into law Bill on creation of Agency for Agri-Food Products Quality and Marketing
Tuesday, July 16, 2019
President Klaus Iohannis on Thursday signed into law the Bill on the creation of the Agency for Agri-Food Products Quality and Marketing, an institution under the authority of the Ministry of Agriculture and Rural Development.The regulatory act cleared the Chamber of Deputies, as a decision-making body, on June 12.The Agency for Agri-Food Products Quality and Marketing is a public institution with legal personality funded from its own revenues and state ...
Telecom. IT: Telekom Romania launches extra benefits programme for business customers
Tuesday, July 16, 2019
Telekom Romania is launching an extra benefits programme for corporate customers, designed to provide them with support for their activity. Starting from July 8th 2019, business customers have access to a series of extra-benefits which offer them useful tools for their activity and for motivating their teams. This programme addresses both existing customers and customers that choose to port their communication services to Telekom Romania and is part of a series of ...
Real Estate: Demand for logistics space from Romania’s eCommerce and FMCG industries to take industrial stock to 4 million sqm in 2019
Tuesday, July 16, 2019
Companies from Poland, Czech Republic, Serbia, Western Europe or Asia are looking at Romania more and more when deciding to extend their activity in southeast Europe. They seek cities with good highway connections or access to the sea, as Dunwell data show, after the company sent a Romanian delegation to Transport Logistic 2019, the most important Industrial and Logistics event in Europe, held in Munich, Germany at the beginning of June. The ...
Total office space in Bucharest approaches 3 million sqm
Tuesday, July 16, 2019
The second quarter of 2019 reconfirmed the increased interest for the office market in Romania. Over 115,000 square meters of office space were leased over this period at the national level, a value similar with that registered in the second quarter of 2018. In total, 239,500 sqm of office space were leased nationwide in the first half of 2019, up 17.6 percent from the first six months of 2018, when approximately 203,600 ...
First quarter of 2019 compared with first quarter of 2018: House prices up by 4.0% in both the euro area and the EU
Tuesday, July 16, 2019
House prices, as measured by the House Price Index, rose by 4.0% in both the euro area and the EU in the first quarter of 2019 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Compared with the fourth quarter of 2018, house prices rose by 0.3% in both the euro area and the EU in the first quarter of 2019. House price developments in the EU Member States ...
Cars: Dacia’s UK sales see major boost despite auto market troubles
Tuesday, July 9, 2019
New car sales in the United Kingdom dropped by 4.9 percent in June to 223,421 units, marking the fourth consecutive month of decline on the market, according to data from the UK’s Society of Motor Manufacturers and Traders, cited by Reuters. However, Romanian carmaker Dacia recorded a significant growth in sales in June, reaching 2,935 units, 46.7 percent more than in the same month of 2018. In the first six months of this ...
Telecom.IT: About 15 million connections affected by security incidents in telecommunications in 2018
Tuesday, July 9, 2019
About 15 million connections were affected in 2018 by security incidents that had in view the security and integrity of electronic communications networks and services, most of them being about mobile telephony and text messages, over 7.6 million connections, according to data published by ANCOM. According to data reported by telecommunication service suppliers about incidents that affected the security and integrity of electronic communication ...
Romania drops 33 places in global internet speed ranking
Tuesday, July 9, 2019
Romania has dropped significantly in a ranking of internet speeds around the world in 2019, going from fifth to 37th, with a download speed of 21.8 Mbps, according to a study by cable.co.uk. In 2018, the average download speed in Romania was 38.6 Mbps, while in 2017 it reached 21.33 Mbps. Among Romania’s neigbours, Hungary is the only country with a higher internet speed, ranking 20th in the world, with 31.1 Mbps. ...
Infrastructure : Turkish Airlines celebrates 26 years of operation at Otopeni Airport
Tuesday, July 9, 2019
Turkish Airlines is celebrating 26 years of operation at Henri Coanda International Airport and has a cargo market share of 54% which is exoected to grow, said Valentin Iordache, the spokesman for Bucharest National Airport Company. With operations in three cities -Bucharest, Cluj Napoca and Constanta, Turkish Airlines has strengthened its position in Romania. Today, there are three daily flights from Bucharest to Istanbul, one of them with aircraft of ...
17.3 ml euro worth of EU funding for Romania-Ukraine Joint Operational Program's large infrastructure projects
Tuesday, July 9, 2019
The Romanian and Ukrainian authorities signed four financing contracts with a total of 19.3 million euro, of which 17.3 million euro in European funding, allocated through the Romania - Ukraine 2014-2020 Joint Operational Program, the Ministry of Regional Development and Public Administration (MDRAP) informs.The four projects envisage crossborder security, health infrastructure and the rehabilitation of sewerage systems in the Danube Delta border ...
Passengers going on holidays from Romania lost 2,500 hours last summer over delayed flights
Tuesday, July 9, 2019
Passengers going on holidays from Romania lost around 2,500 hours of vacation last summer due to numerous flight delays, according to the latest report by AirHelp released at the end of ...
Tourism : Dubai becomes an increasingly popular holiday destination for Romanians
Tuesday, July 9, 2019
The number of Romanian tourists who traveled to Dubai increased by 24% in the first quarter of 2019 compared to the same period last year to 29,670, according to data released on July 4 by the Department of Tourism and Commerce Marketing (DCTCM). “We have seen an increase in the number of tourists from Romania. And this is also the result of the variety of tourist attractions and experiences for all age groups. The evolution of Dubai plays ...
Statistics: Five-month tourist overnight stays in Romania up 9.9 pct YoY
Tuesday, July 9, 2019
Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 8.0 %, while the overnight stays increased by 12.3% in May 2019. Compared to May 2018, in May 2019 customs registered an increase in the arrivals of foreign visitors of 8.0 % and an increase of 12.5% in the departures abroad of the ...
Real Estate: CTP acquires logistics park near Bucharest with EUR 40 mln
Tuesday, July 9, 2019
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, acquired A1 Bucharest Park, a logistics park located on the A1 motorway near Bucharest, within a transaction valued at approximately EUR 40 million. The logistics project A1 Bucharest Park was developed by AIC RE and bought by CTP from Vabeld Group. The transaction was concluded on the June 27, 2019, according to a press ...
Agriculture: Romania, in UNESCO attention for unfit exploitation of beech forests included in world patrimony
Tuesday, July 9, 2019
A joint commission of the Center for UNESCO world patrimony and specialists in reactive monitoring from IUCN (International Union for Conservation of Nature) will come to Romania to evaluate the way in which this country observes the administration rules for one of the objectives included on the World Patrimony List “Secular and virgin beech forests in the Carpathians and other parts of Europe'. According to the press ...
Real Estate: Statistics:16,471 building authorizations for residential buildings in the first 5 months, up 1.1 per cent
Tuesday, July 2, 2019
More than 16,400 building authorizations for residential buildings were issued in the first five months of the year, up 1.1 per cent against the same period the previous year, according to data released by the National Institute of Statistics (INS) on Friday.In May 2019, there were issued 4,133 building authorizations for residential buildings, by 12.8 per cent less than in April 2019 and a 6.8 per cent drop compared with May 2018.According to the same ...
Infrastructure : PM Dancila announces creation of Infrastructure Department, unforgiving measures against those who delay works
Tuesday, July 2, 2019
Premier Viorica Dancila announced that an Infrastructure Department acting under her coordination will be established for 10 major projects, and that she will be "unforgiving" with those who delay works or default on their duties."As expectations in infrastructure are high and have been building up for 30 years now, whether we speak about hospitals or about motorways, I will set up this week an Infrastructure ...
Cars: As many as 2,285 eco-friendly cars of which over 1,800 hybrid purchased January through May
Tuesday, July 2, 2019
The number of the green cars traded in Romania January through May parked at 2,285 units, up by 69pct against the same period of 2018, the statistics of the Car Producers and Importers Association (APIA) informs.The eco-friendly cars weight in total sales nationwide was 3.4pct versus 2.3pct in same interval of 2018.Out of the total eco-cars sold January through May, 1,814 units were hybrid, up by 71pct vs same period of 2018, 379 units were 100% ...
Car market grows 11.6pct January through May 2019
Tuesday, July 2, 2019
The auto market continued its upward trend in May this year, reaching 11.6pct in the first five months, compared to the same period in 2018, according to a press release issued by the Association of Car Producers and Importers (APIA).In Romania, sales are mainly backed by legal entities, which cover 58pct of total purchases of cars made in the first five months of 2019.At the same time, the number of cars purchased by individuals in these first five ...