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Economic
The agricultural production value – by macroregions, development regions and counties in 2017
Tuesday, November 13, 2018
In 2017, compared to 2016, the agricultural production index was 112.5% per total, 119.5% for crop production and 99.6% for animal production. Concerning the value of agricultural services, it was generally insignificant, contributing in 2017 with only 1.2% to the agricultural production value at national level. Agricultural output accounted for 78.494 billion lei last ...
The quantity of cow’s milk collected by processing units in September 2018
Tuesday, November 13, 2018
The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in September 2018 decreased by 9.9% compared to August 2018 and was up 5.7% from September 2017. The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in the 1.I-30.IX.2018 period rose by 7.8% compared to the 1.I-30.IX.2017 ...
Trade: Google: Romania accounts for 2.4 pct of global searches on Black Friday; search volum is growing
Tuesday, November 13, 2018
Romania is ranked in the second half of the global ranking Black Friday 2017, with 2.4 pct of the total online searches and a jump of 21 per cent in the search volume on the same day, shows a study conducted by Google."When it comes to searches on Black Friday, Romania escapes the bottom of the ranking. Our country is positioned in the second half of the ranking, between Poland and Hungary, accounting to 2.4 per cent of the global searches. We are always looking ...
Romanians put up for sale over 1.8 million mobile phones annually
Tuesday, November 13, 2018
Over 400,000 Romanians are selling their mobile phones on an annual basis, the main reason being to purchase another more performing device, reads a survey conducted by OLX. Therefore, 18 million mobile phones are put up for sale per year. The trend has bee strongly upward in the past years, with OLX forecasting a 30 percent increase on the mobile device category in 2018, a category that is the strongest on house appliance ...
Tourism : Seaside resort Saturn to be modernized using European funds
Tuesday, November 13, 2018
The Black Sea resort Saturn will be modernized with European money, after an investment of RON 20 million. According to the Mangalia City Hall, the pavements and roads will be rehabilitated, modern urban furniture will be installed, green spaces will be created and the public lighting network of the streets up for rehabilitation will be rebuilt. After the modernization, the Saturn resort will have ...
Statistics: Over 8,400 tourist structures with boarding facilities, end of July 2018
Tuesday, November 13, 2018
The number of tourist structures with lodgings was 8,449 units, at the end of July 2018, 544 more than the same period of 2017, according to the centralized data of the National Institute of Statistics (INS).Of which, 2,821 were boarding houses, 1,709 were agro-tourism guesthouses, 1,633 hotels, 695 tourist villas, 533 bungalows, 318 hostels, 231 tourist cabins and motels and 278 other types of tourist boarding structures. Larger increases were recorded as opposed ...
Overnight stays demand in Bucharest’s hotels posts the highest rise in the region from 2013 to 2017
Tuesday, November 13, 2018
CEE hotel markets continued to lead the Europe’s growth story in 2017, romaniajournal.ro informs. The majority of the hotel markets in this dynamic region achieved continued performance gains in 2017, as they had over the past three years, reads the CEE Hospitality Snapshot 2018 report, conducted by Cushman & Wakefield. According to the report, central cities including Warsaw, Prague and Budapest recorded double digit Revenue per Available ...
Infrastructure : Calin Popescu Tariceanu: Danube-Bucharest Canal project is huge mistake
Tuesday, November 13, 2018
Senate Speaker Calin Popescu Tariceanu (leader of the Alliance of Liberals and Democrats – minor in the ruling coallition) recently declared that Danube-Bucharest Canal was a “huge mistake”, since it does not answer real needs from the economic point of view. Such an investment could be justified only for the traffic of goods. “The best approach for this project shows us the canal is not necessary because from the economic point ...
Complex aircraft maintenance hangar to be built at 546 Otopeni barracks
Tuesday, November 13, 2018
The Ministry of National Defence (MApN) and the association of companies Strabag SRL (leader) - Leviatan Design SRL signed on Wednesday a contract for the purchase of services and works for the construction of a new complex aircraft maintenance hangar at Cazarma 546 Otopeni.MApN said in a press statement on Thursday that the value of the project is 40.2 million lei and the deadline for completion is 30 months of the issuance of the work execution order. The ...
Analysis: Romania is 17th in the European top of countries with most delays or cancelations of flights
Tuesday, November 13, 2018
Romania is 17th in the ranking of European countries where there were most delays or cancellations of flights in the first nine months of the year,the top being led by Germany,shows a new analysis published by AirHelp.According to the quoted data, in Germany, almost 29% of the flights of the airlines confronted with such situations on the airports in this country. The ranking is completed by the UK and Spain.At the level of the European Union,the ...
Commissioner Corina Cretu reiterates that A8 motorway can be made with EU funds
Tuesday, November 13, 2018
European Commissioner for Regional Poliy Corina Cretu has reiterated the EC’s availability to finance the feasibility study and construction of the Targu Mures-Iasi-Ungheni (A8) motorway or the so called „The Union Motorway”, after the the Chamber of Deputies plenary has approved on Wednesday ...
Agriculture : Romania scores slightly better in global report on food security
Tuesday, November 6, 2018
Romania ranks 38th in the 2018 edition of the Global Food Security Index, with a score of 68.9 points, up one point compared to 2017. Corteva Agriscience, DowDuPont’s Agriculture Division, and the Economist Intelligence Unit (EIU) published the results of the Global Food Security Index 2018 – GFSI. The index considers the core issues of affordability, availability, and quality across a set of 113 countries, providing a common framework for ...
Despite the record wheat harvest, bread will be more expensive and of poorer quality
Tuesday, November 6, 2018
Romanian Employers in Milling, Bread and Flavor Industry (Rompan) President, Aurel Popescu, says the price of bread will increase this month, due to higher expenses for the producers of milling and bakery. “The price of raw material is going up, the same for the expenses with the labour force. The gas and energy suppliers have informed us the tariffs will grow by 25%,” Popescu said, according to ziare.com. He argues ...
KeysFin: Romania records this year's best agricultural result in history
Tuesday, November 6, 2018
Romania has the best agricultural year in history, with record production of wheat and maize, which lead the agricultural turnover to almost EUR 8 billion, a KeysFin analysis released on Tuesday reads. The figures from Agriculture Ministry read that the wheat production is by 200,00 tons higher than last year, of over 10 million tons, whereas the maize production will reach 14.5-15 million tons. For example France will have a maize crop estimated to ...
Healthcare: 3 years since the Colectiv fire: Romania would not be ready for a similar tragedy
Tuesday, November 6, 2018
Three years are commemorated since the Colectiv tragedy on Tuesday, October 30. Following the deadly fire burst out in a nightclub in Bucharest on night of October 30, 2015, during a rock band concert, 64 people, mostly youngsters, died, 26 on the scene, as they could not save themselves from the flames, and the rest passed away later on, while admitted in the hospitals in Romania or abroad. Among the victims there were students, pupils, journalists, photographers, artists, ...
Trade: E-commerce forecasts by 2022 in the CEE-6 markets: The growth potential could be 20-30% in Romania, Bulgaria
Tuesday, November 6, 2018
A conservative growth scenario sees e-commerce in CEE-6 expanding 8.8% per year from a baseline of EUR 13.1bn, to EUR 20bn, romaniajournal.ro reads. According to Colliers International’s latest logistics and retail research report, Survival of the fittest, ...
More than half Romanian Internet users buys online at least once a month
Tuesday, November 6, 2018
More than half of the Romanian Internet users (55 per cent) buy online at least once a month, worth notice being the fact that, among them, 61 per cent are people with university degrees, while those with a medium and sub-medium education accounted for 50 per cent, showed a quantitative study "Digital Evolution: Connected Consumer Monitor". The Bucharesters are the most active on the Internet when it come to online shopping, 62 ...
Tourism : Gov't cuts VAT for accommodation, restaurants, catering, gyms and amusement parks to 5 percent starting November 1
Tuesday, November 6, 2018
The government has lowered the VAT rate for accommodation, restaurants, catering, gyms and access to amusement parks to 5 percent starting November 1. Experts point out that there are still many questions about the application of the new rules. The decision was announced at the beginning of October. Until end-October, the VAT rate for accommodation, restaurants and catering was 9 percent, while for gyms and amusement ...
The tourists’ overnight stays in the establishments of tourists’ reception in September 2018
Tuesday, November 6, 2018
-Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 9.8 %, while the overnight stays increased by 10.8% in September 2018. - Compared to ...
Real Estate: BCR Housing Bank: Romania has oldest housing stock in EU
Tuesday, November 6, 2018
Romania probably has the oldest housing stock in EU. A household out of five needs consolidation against earthquakes and between 12% and 16% of urban household need major repairs for installations, according to an IRSOP opinion poll presented on Monday by Lucian Anghel, the president of BCR Housing Bank. The Romanians’ houses are constantly affected by passing years and maintenance costs. We probably have the oldest housing stock in EU. According ...