Economic
Telecom. IT: 4.8 million fixed Internet connections in 2017
Tuesday, May 29, 2018
The total number of fixed Internet connections reached 4.8 millions in Romania in 2017, on the rise by 7%. The coverage rate was 58%, 4% more than the previous year, according to statistics of the National Authority for Communications Management and Regulations (ANCOM), released on Friday. According to the source, there was a total traffic of 5.1 million TB on fixed Internet segment in 2017, while the average monthly consumption per connection was 92 ...
ANCOM: 99.6% of households in Romania have TV service subscriptions
Tuesday, May 29, 2018
99.6% of households in Romania have subscriptions for TV services, but the most successful are cable services, which had 5 million subscriptions, according to Sorin Grindeanu, the president of ANCOM. “Our statistics show that there were 99.6 subscriptions for TV services per 100 households in 2017. The best used are cable networks, which had 5 million subscribers and continue to grow. We can also remark an accelerated grow by 24% of subscriptions ...
Telecommunication market went up by 6 pct in 2017
Tuesday, May 29, 2018
Romania’s telecommunications market is one of the most developed in our country so the evolution from one year to the next are not too high. Still, the value of the market went up last year, reaching a total of EUR 3.4 billion. “Romania has one of the most dynamic telecommunication markets, and this is also seen in revenue growth in this sector. In 2017, total revenues were RON 15.6 billion, which means 1.8 percent of Romania’s ...
Trade: Study: Romanian household consumer goods market goes up 13 percent in first trimester
Tuesday, May 29, 2018
The Romanian consumer goods market registered in first trimester of this year a growth of 13 percent as opposed to the same period of last year, the largest advance being recorded on the toiletries segment, for which Romanians spent by 17 percent more in the mentioned period, according to a study carried out by GfK.As opposed to previous periods, the purchased volumes in the first trimester re-entered an ascending trend (+7.4 percent)."Families with ...
Agriculture: Corn and sunflower grown on 3.5 million ha
Tuesday, May 29, 2018
The area cultivated this year with corn and sunflower occupied more than half of the overall area of 6 million ha, placing Romania first in EU in point of yields obtained in 2017. According to the Ministry of Agriculture and Rural Development (MADR)6data, corn was sown on 96.22% (2.368 million ha) of the scheduled area until May 11, 2018, while sunflower exceeded 97% of area, with 1.01 million ha. By the mentioned date, 128,803 spring oat had ...
Healthcare:Parallel trade of medicines: Commission closes infringement proceedings and complaints against Poland, Romania and Slovakia
Tuesday, May 22, 2018
Brussels, 17 May 2018 The European Commission decided today to close its infringement procedures and the treatment of complaints in the area of parallel trade of medicines for human use against Poland, Romania and Slovakia. From the start, the Juncker Commission has been focusing on its political ...
The private medical services market grew by 12 pc in 2017
Tuesday, May 22, 2018
The private health services market is one of the most dynamic business sectors in Romania after it advanced by 12 percent in 2017, compared to the previous year, according to a survey conducted by Mediprice quoted by romaniajournal.ro. The value of this service segment is almost EUR 1.7 billion, with an average annual growth of 9.5 percent in 2011-2016. Overall, the first five private chains in Romania achieved a turnover of about EUR 400 million last year. According to Eliza ...
Telecom.IT : More than 20 million mobile Internet connections in Romania, in 2017; 4G connections, 34% jump
Tuesday, May 22, 2018
The number of 4G connections recorded in Romania in 2017 have reached 7.7 million, up 34 per cent from the previous year, while there were 20.3 million mobile Internet connections in general, down 1 per cent from the same interval, according to data presented on last Tuesday by the head of the National Authority for Management and Regulation in Communications (ANCOM), Sorin Grindeanu, on "Communications Day."According to the ANCOM official, the number of 3G connections ...
Four out of ten households in Romania don’t have internet access, despite rapid growth of connections
Tuesday, May 22, 2018
The number of fixed internet connections in Romania increased by 7 percent last year, to 4.8 million, but 42 percent of households do not have access to the internet, according to new figures of Romania’s telecom regulator (ANCOM), http://business-review.eu reports. Some 58 percent of Romanian households had an internet connection at the end of 2017, up from 54 percent in December 2016. The ...
Real Estate: RE/MAX forecasts 40 pct increase of commissions from real estate transactions in 2018
Tuesday, May 22, 2018
RE/MAX Romania forecasts a 40 pct increase its turnover in 2018, up to EUR 2.8 million, as well as a 40 percent increase in the value of commissions from real estate transactions, to EUR 2.8 million,http://business-review.eu reads. The company will also increase by 60 percent the ...
Cars: New eco-friendly cars sales surge by 83.02 percent, in first four months of 2018
Tuesday, May 22, 2018
The sales of new eco-friendly cars (electric and hybrid) have surged by 83.02 percent in the first four months of 2018, as compared to the same interval of the previous year, to 1,003 units, from 548 as recorded in 2017, show the statistical data of Romania's Association of Automotive Manufacturers and Importers (APIA).According to official data, out of 1,003, 238 were 100 percent electric, the equivalent of a five-time increase (+417.4 percent) as compared to the first four months of ...
New automotive sales rise by 28 percent, up to 51,800 units, in first four months
Tuesday, May 22, 2018
Romania's new automotive total sales reached, in the first four months of 2018, 51,853 units, with a rise of 27.8 percent, as opposed to the same period of last year, according to the statistics of Automotive Manufactures and Importers Association (APIA), published Friday.According to the APIA experts, this is the highest volume of car sales recorded in a similar period, over the last ten years, in 2009, the first year of the economic recession, when a total of 49,971 units were ...
Tourism : Romania's foreign visitors at 2.5 ml a year, of whom just 800,000 holidaymakers
Tuesday, May 22, 2018
The number of foreign visitors to Romania is 2.5 million a year of whom 1.7 million come on business trips and just 800,000 are tourists and holidaymakers, vice-president of Romania's National Association of Travel Agencies (ANAT) Alin Burcea told the conference "Connecting Europe through Innovation" on Thursday.Citing numbers, Burcea said that of the yearly total of 2.5 million visitors to Romania, between 1.5 and 1.7 are here on corporate trips and for business; the ANAT ...
Tourism minister: Time has come for Romania to become major tourism destination for China
Tuesday, May 22, 2018
Romania is ready to truly become a major tourism destination for China, Tourism Minister Bogdan Trif said in Constanta, after a meeting with a delegation from the municipality of Shanghai. According to a press release issued by the relevant ministry and sent on last Tuesday, the Chinese officials were interested in the development potential of Romania's tourism.The discussions that took place between the members of the Chinese delegation headed by Li Chunping, ...
Infrastructure: Romania’s CFR Calatori launches direct train rides to Greece, Turkey and Bulgaria
Tuesday, May 22, 2018
Romanian passenger rail carrier CFR Calatori will provide direct train rides from Bucharest to Thessaloniki (Greece), Istanbul (Turkey) and Sofia (Bulgaria) from June until October this year, romania-insider.com informs. The company will have daily trains to Istanbul, with a one-way trip costing EUR 54 in a four-place sleeping cart. The trains to Thessaloniki will be weekly and tickets will cost EUR 45 to EUR 62, depending on the ...
Tourism : Romanian seaside and Danube Delta, in focus of Russian tour operators, after 27-year absence
Tuesday, May 15, 2018
The Romanian seaside and the Danube Delta will once again return in the focus of Russian tour operators after a 27-year absence from the market, President of the Federation of Romania's Tourism Promotion Associations (FAPT) Corina Martin said.She specified that FAPT will organise, 9 through 14 May, the first info-trip for the representatives of the Tour Operators Association in Russia (ATOR)."It is for the first time in 27 years that representatives of ...
Infrastructure : Lot 2 of Bucharest Beltway to be built by Turkish company that builds lot 1
Tuesday, May 15, 2018
Asim Alarko Sanayi Tesisleri ve Tisaret AS of Turkey is the winner of the price of 750,850 million lei, according to the National Company Administering Road Infrastructure (CNAIR). The same Turkish contractor won the design and execution contract for lot 1 of Bucharest Beltway, which is about 17 km long (sector 1, km 52+070 - km 52+770, for North Beltway and sector 2 , km 52+770-km 69+000, for South Beltway) with the price of 830.68 million lei, with ...
Romania has 37.4 percent of electrified railway network in operation, end of 2017
Tuesday, May 15, 2018
The railway lines of public use in operation at the end of 2017 amounted to 10,774 kilometers, and the simple length of the electrified railway tracks in operation was 4,030 km, roughly 37.4 percent of the network in operation, according to data centralised by the National Institute of Statistics (INS).Out of the total lines, 10,635 km (98.7 percent) were normal track gauge, 5 km with narrow gauges and 134 km (1.3%) with large gauge lines, according to the INS ...
Romanian airline Tarom leases two new Boeing aircraft for its fleet
Tuesday, May 15, 2018
Two Boeing 737-800 NG (Next Generation) aircraft will join Romanian state airline Tarom’s fleet starting June this year, the company announced. The company will use the new aircraft on its existing routes as well as on new routes to be opened. Tarom signed a 7-year operational leasing contract with Boeing for the two aircraft. The company will make the first payments in two years. The Boeing 737-800 NG can carry up to 160 ...
Real Estate: Over 44,100 houses and lands sold in Romania in April
Tuesday, May 15, 2018
Over 44,100 houses and lands were sold in Romania in April. The number of houses, lands and apartments sold was by 996 higher than in the same period of 2017, according to data issued by the National Agency of Cadastre and Real Estate Advertising on Friday. 44,106 house were sold in April, most transactions being registered in Bucharest - 5,837, Timis - 3,491 and Cluj - 2,962. Counties with fewest houses sold in the same period of time are Caras ...