Economic
Healthcare: Eurostat: Romania, first in the EU on avoidable deaths
Tuesday, July 3, 2018
The highest shares of avoidable deaths were registered in Romania (48.6%) and Latvia (47.5%), followed by Lithuania (47.0%) and Slovakia (44.2%, according to an Eurostat report. On the other hand, the share was below a quarter in France (23.6%) and between 25% and 30% in Belgium (26.0%), Denmark (26.6%), the Netherlands (28.1%), and Poland (29.9%). In the European Union (EU), 1.7 million persons aged less than 75 died in 2015. Of those, more than 570 ...
STATISTICS:THE ACTIVITIES OF HEALTHCARE UNITS IN 2017
Tuesday, July 3, 2018
In 2017: over 60 thousand healthcare units were in operation there were, on average, 335 inhabitants1 per doctor In 2017 the activities of the (public and private) healthcare system were performed in over 60 thousand healthcare units (49 thousand healthcare units in the urban area and 11 thousand healthcare units in the rural area), shows ...
Agriculture: Ingleby becomes fourth largest farmland owner in Romania
Tuesday, July 3, 2018
Danish group Ingleby climbed one spot to fourth in the ranking of biggest farmland owners in Romania, after taking over Campo D’Oro. Thus, Ingleby surpassed Italian businessman Luciano Martini, ...
Production of meat, milk and dairy products in the industrial units in 2017
Tuesday, July 3, 2018
In 2017, compared to 2016, the slaughtering of cattle, sheep, goats and poultry in the industrial units (slaughterhouses) increased, while the slaughtering of pigs decreased. - The production of milk collected from agricultural holdings and collection centres by processing units increased in 2017 compared to 2016. Slaughtering of animals and poultry in ...
Eurostat: Romania has one third of EU’s farms, but only 3.4 percent of output
Tuesday, July 3, 2018
Eurostat, the statistics office of the European Union, shows that one third of EU’s farms were located in Romania in 2016, while another third being found in Poland, 14 percent, Italy, 10 percent in 2013, and Spain with 9 percent, business-review.eu informs. The statistics further show that 65 percent of EU farms were less than 5 hectares in size. Moreover, ...
Real Estate: Romania's stock of modern retail space totals 3.5 ml sqm, of which roughly one third in Bucharest
Tuesday, July 3, 2018
Romania's stock of modern retail space currently stands at 3.5 ml sqm of which some 1.1 ml in Bucharest, shows a specialist study released on last Wednesday. According to data centralized by CBRE real estate consultants, the floor space intended for food facilities has considerably expanded since previous years. There are currently 11 new retail projects underway at national level, which are due for completion in 2018 and 2019, specifically the four projects ...
Modern retail stock will add 302,000 sqm in 2018 and 2019
Tuesday, July 3, 2018
According to CBRE representatives, the modern stock of retail space, in Romania, currently stands at about 3.5 million sqm, of which approximately 1.1 million sqm are located in Bucharest, http://business-review.eu informs. In 2018 and 2019, 16 retail projects are scheduled to be delivered in Bucharest and across the country, with an area of about 302,100 sqm, 11 fresh built and 5 extensions of ...
Government preparing new expenses for real estate developers
Tuesday, July 3, 2018
The government intends to impose on the holders of building and demolition permits a provision of a financial guarantee of at least 0.5 percent of the value of the works, to cover the costs of managing the construction waste that will be returned to the developers after the construction is completed if they prove they complied with the conditions set out in the compulsory waste management ...
Trade : Romania's Q1 footwear exports at 332.9 ml euro, topping imports
Tuesday, June 26, 2018
Romania's footwear exports in Q1 this year amounted to 332.9 million euro, by 8.4 percent less YoY, shows data centralized by the National Institute for Statistics (INS).Footwear imports stood at 252.1 million euro, a figure by 3.1 pct higher YoY, resulting in a surplus of 80.8 million euro on this segment. FOB exports in Q1 2018 topped 16.987 bln euro and were 9.8 pct higher YoY, while CIF imports totaled 19.703 bln euro, up 10.8 pct ...
Esquires Coffee enters Romanian market with a coffee shop in Veranda Mall
Tuesday, June 26, 2018
The international chain of cafes Esquires Coffee, active in Great Britain, Canada, Ireland, Middle East, Australia and Asia, opens its first unit in Romania in the Veranda Mall in Obor, http://business-review.eu informs. The company will enter Romania into a franchise system, the model replicated from Starbucks or Gloria Jean’s. Esquires Coffe, ...
Surplus of 247.5 million euro in clothing and accessory imports, during first trimester of 2018
Tuesday, June 26, 2018
Romania exported, during the first three months of 2018, clothing and accessories worth 648.6 million euro, an amount by 5.1 percent lower than in the similar period of 2017, according to data provided by the National Institute of Statistics (INS).Clothing and accessories imports were worth 401.2 million euro, by 10.4 percent larger, in comparison with the ones last year, thus registering a surplus of 247.5 million euro on this segment.In the first ...
Agriculture : Romania risks losing EUR 100 mln in agriculture EU funding over irregularities
Tuesday, June 26, 2018
Romania might lose EUR 100 million worth of funding in the agriculture sector due to irregularities in the spending phase, according to a decision of the European Commission, the executive arm of the European Union, business-review.eu informs. The financial corrections, first ...
Healthcare: Romania reports third highest medical inflation in Europe
Tuesday, June 26, 2018
Romania ranks third in Europe for the likelihood of increasing medical service costs, according to a recent report by Mercer Marsh Benefits covering 225 insurers in 62 countries, quoted ...
Infrastructure: About 50% of passenger cars and 71% goods cars had exceeded wear and tear by end 2017
Tuesday, June 26, 2018
Half of passenger cars and 70.7% of goods cars on inventory on December 31, 2017 had exceeded wear and tear, according to the National Statistics Institute. There were 3,894 passenger cars of which 3,817 normal gauge and 77 narrow gauge cars (2%). Normal gauge cars included mainly 3,340 cars and trailers. 1,921 of passenger cars (49.3%) had exceeded their wear and tear period. INS also points out that at the end of 2017, ...
Wizz Air, Tarom and Ryanair, companies with fewest delays in Romania
Tuesday, June 26, 2018
Wizz Air, Tarom and Ryanair are air companies with the fewest delays in Romania, according to the annual classification of the best companies and airports in the world, made by AirHelp and released on Tuesday. Otopeni Airport is the only Romanian airport ranking 116th in the top, out of 141 companies. AirHelp, a company specialised in obtaining compensations for delayed, cancelled or overbooked flights, published the annual classification of the best ...
The European Commission decided to finance the highway TgMures – Campia Turzii
Tuesday, June 26, 2018
The European commissionaire Corina Cretu approved on Tuesday financing of over 246 million euro for the construction of some sections of highway Targu Mures – Ogra- CampiaTurzii total length of 56.5 km,which means 4.35 million euro/km, almost close to the limit of cost standards. ‘The project aims at the construction of a portion of 51.8 km of highway with two lanes for each direction of movement between the localities mentioned above, as ...
Report:Romania needs 70 bln euro for transport infrastructure
Tuesday, June 26, 2018
Investment needs for Romania's transport infrastructure are in excess of 70 bln euro, whereas according to the Transportation Masterplan, the resources available by 2030 stand at 36 bln euro, shows an expert report by Euler Hermes released on Wednesday. Despite that, the transportation sector is going through a favorable period which stands in direct connection to the economic context, characterized mainly by the increase in private consumption that advanced ...
WB: the poor condition of the infrastructure is due to the fact that the projects are not properly prepared
Tuesday, June 26, 2018
The World Bank has not received any official communication from the Government about the cancellation of the preparation project for the Ploiesti-Brasov motorway, Tatiana Proskuryakova, Country Manager for Romania and Hungary of the World Bank, stated on Friday, saying that she read in the press about this.If you read our strategy document, you will see that the investment in the Ploiesti - Brasov motorway is part of our strategy because we received a request from ...
Telecom.IT : Romania gets a spot in the Consultative Committee of the International Telecommunications Satellite Organization
Tuesday, June 26, 2018
Romania has got a spot in the Consultative Committee of the International Telecommunications Satellite Organization (ITSO), as the result of negotiations carried out on the occasion of the 38th Assembly of the Parties, which took place in Washington, over June 13-15, reads a press release of the Ministry of Communications and Information Society (MCSI), on Tuesday sent to AGERPRES.Romania was represented at this event attended by 89 ITSO member states by Secretary ...
Average download, upload speeds via landline internet connections in Romania advance 18pct in 2017
Tuesday, June 26, 2018
Average download and upload speeds in Romania via landline internet connections increased by 18pct in 2017 compared with the previous year, according to statistics released on Tuesday by the National Authority for Communications Administration and Regulation (ANCOM) based on tests conducted on Netograf.ro - the ANCOM application for testing Internet service quality.According to official data, average download speeds reached 112.1 Mbps last year (186.6 Mbps for ...