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Economic
Romania’s IT market, up by 14-15 pc last year
Tuesday, May 1, 2018
The IT market in Romania has increased by 14-15 percent in 2017, the growth rate being similar to those recorded in 2014 and 2015, namely 12.5 percent, 14 percent, Euler Hermes, Allianz subsidiary, shows in a press release, romaniajournal.ro informs. Compared to 2016, the growth was slower, just 9 percent. However, the growth is threatened by poor infrastructure,. ”In real terms, the increase in 2017 would be ...
Orange Romania sees highest mobile internet speeds on postpaid segment in Q1
Tuesday, May 1, 2018
Orange Romania had the highest upload and download speeds for mobile internet services among postpaid customers in Q1, 19.91 Mbps and 59.04 Mbps respectively, writes local paper Ziarul Financiar citing data measured by the . platform operated by Ancom, telecompaper.com informs. According to data from the platform, Telekom is the second player in the market, with average upload and download speeds of 13.99 Mbps and 25.73 Mbps respectively. ...
Healthcare: Vaccination: Commission calls for stronger EU cooperation against preventable diseases
Tuesday, May 1, 2018
According to the press release issued last week by the European Commission, the Commission is issuing a set of recommendations for how the EU can strengthen cooperation in the fight against diseases that can be prevented by vaccines. This follows President Juncker's call, in his 2017 State ...
Exports of medical and pharmaceutical products totaled EUR 65.5 M in January
Tuesday, May 1, 2018
In the first month of 2018, in January, Romania exported medical and pharmaceutical products worth EUR 65.5 million, up by 1.8 percent than in the same period last year, according to data centralized by the National Institute of Statistics (INS), romaniajournal.ro informs. At the same time, the imports of medical and pharmaceutical products amounted to EUR 210.6 million, 3.2 percent higher than in January 2017, thus a EUR 145.1 million ...
Real Estate: Companies rented 38,000 sqm office spaces in Bucharest in the Q1
Tuesday, May 1, 2018
Office leasing activity in Bucharest nearly halved in the first quarter of the 2018, though, admittedly, 1Q17 was one of the strongest quarters we have seen this cycle, romaniajournal.ro informs. Still, 1Q18’s gross take-up in modern office spaces of over 68,000 sqm (-43% YoY) and net take-up of almost 38,000 sqm (-26% YoY) are a bit below the recent trend, reads a Colliers report. The real estate consultancy company says that the new take-up is mainly due to the ...
Cars: Romania's Q1 new commercial vehicle registrations increase - ACEA
Tuesday, May 1, 2018
Registrations of new commercial vehicles in Romania rose by an annual 9.8% on the year to 6,514 in the first three months of 2017, the European Automobile Manufacturers' Association (ACEA) said on Tuesday, quoted by seenews.com.. Registrations of new light commercial vehicles of up to 3.5 tonnes rose 15.4% on the year to 4,491 in January-March, ACEA said in a statement citing provisional data. Registrations of new heavy ...
APIA: Romania's new automotive sales up 20.3 pct in Q1
Tuesday, May 1, 2018
Romania's new automotive sales were 20.3 percent up in Q1 from the same period of 2017, with the figure marking a 10-year high for Q1 sales amounts, the Association of Automotive Manufacturers and Importers (APIA) said in release on Tuesday.Sales are mainly driven by legal entities that account for 70 percent of total car purchases.Motor vehicle buys by individuals stood at 8,799 units, by 76 percent higher than the 4,996 units registered in the ...
Q1, 2018 sales of electric, hybrid cars in Romania reach 661
Tuesday, May 1, 2018
Sales of green cars in Romania increased by 62.4 percent in the first three months of 2018, as against the same period of the previous year, to 661 units, according to data with the Association of Automobile Manufacturers and Importers (APIA).According to official data, out of this total, 201 are all-electric vehicles, a five-time jump (+ 390.2 percent) from the first three months of 2017, and 460 units are hybrid electric vehicles (+25.7 ...
Trade: Romania exports about 50 million euros' worth of cork and wood in January 2018
Tuesday, May 1, 2018
In January 2018, Romania exported cork and wood to the tune of 49.7 million euros, up 19.4 percent from January 2017, according to data with the National Institute of Statistics (INS).Cork and wood imports amounted to 18.4 million euros, up 54.3 percent from the first month of 2017, which generated a surplus of 31.3 million euros.In January 2018, Romania's FOB exports totalled 5.423 billion euros and increased by 15.9 percent from January 2017, ...
Romania exported 36% more corn this season
Tuesday, May 1, 2018
Over September-March 2017/18 Romania increased corn exports through ports to 2.6 MMT (+36% y/y), which already exceeded total exports of last season - 2350 KMT, reports UkrAgroConsult. In March 2018 Romanian traders shipped 295 KMT of corn, which was more than 3 times compared to March 2017. Spain continues to remain the largest importer of Romanian corn this season. Over September-March 2017/18 Spanish imports of corn ...
Real estate: The real estate market registered a spectacular evolution in 2017, with record volumes of activity (report)
Tuesday, April 24, 2018
The real estate market registered a spectacular evolution in 2017 with record volumes of activity in the industrial and offices sector, according to a specialty report. The level of rent was in general stable with slight increase in the commercial spaces market and the industrial sector, while the prices of houses got upwards on average with 10%.The industrial and logistic sector registered record volumes of ...
Office market in Bucharest: Over 30% of demand comes from companies which were not based in modern buildings
Tuesday, April 24, 2018
In the first quarter, companies rented about 700,000 square meters of office area in Bucharest. A third of demand came from companies which previously were based in villas, old buildings of small dimensions or other areas than modern buildings, according to a report released on Thursday by the real estate consulting company JLL. “The area rented in the first quarter by companies which did not use to rent modern office areas exceeded 23,000 square ...
Genesis Property invests on the local office marke EUR 1.5 M
Tuesday, April 24, 2018
Genesis Property developer, controlled by local entrepreneur Liviu Tudor, invests EUR 1.5 million in building the first outdoor pool with running track and roller blading in Romania, which will be located in West Gate Business Park in Bucharest, as a press release informs, romaniajournal.ro reports. “We know that the employees of the companies want to be active, many of them want to recharge their batteries in open air in the morning, and after ...
Porsche Engineering Romania leases office space in Romania, to increase payroll
Tuesday, April 24, 2018
Automotive software developer Porsche Engineering Romania, a subsidiary of Porsche Engineering Group GmbH, said on Tuesday it has leased additional office space in Romania's northwestern city of Cluj-Napoca in order to hire more engineers by 2020, seenews.com informs. The new office space will allow Porsche Engineering Romania to increase its local team to over 21 from seven members, it said in a press release. Another increase in the number of ...
Cars: Ford Romania posts new record production of EcoSport SUV model in February
Tuesday, April 24, 2018
US carmaker Ford recorded in February a new record high production at its Romanian plant located in Craiova, with close to 12,000 passenger cars produced, more than double compared to February 2017, Automotive Manufacturers and Importers Association (APIA) data show, business-review.eu informs. Ford’s Romanian plant produced 11,074 cars in January and 11,991 cars in February, compared to 3,536 units in January 2017 and 5,032 in February ...
Healthcare: 3.59% people with disabilities in Romania in 2017
Tuesday, April 24, 2018
There were 797,104 people with disabilities representing 3.59% of Romania’s population at the end of 2017, according to data centralised by the National Authority for People with disabilities (ANPD). 779,066 people of overall people with disabilities (97.74%) were cared for by families and/or lived independently and 18,038 (2.26%) were in residential social assistance public institutions for adult persons with disabilities coordinated by the ...
In Romania, distrust of vaccines claims children’s lives
Tuesday, April 24, 2018
Pseudoscience had an unfortunate victory in an important battle in the European country of Romania, where 39 children lost their lives following a measles outbreak, zmescience.com informs. Their parents refused to vaccinate them, misled by scare stories against vaccination. “People are mistrustful because they read all sorts of things on the internet,” said Dr. Silvana Dan ...
Telecom. IT: IDC: 3.1 million smart phones sold in Romania in 2017
Tuesday, April 24, 2018
The smart phone market in Romania stagnated somehow in 2017, after several years of rapid growth, when the number of units sold dropped slightly by 4% to 3.1 million units and the market value was similar to that of 2016, to 687 million dollars, according to International Data Corporation (IDC). This result was damaging for many producers considering that Romanian economy grew by 7% in 2017 against 2016 and in the last quarter had the highest growth ...
Cost of porting phone numbers will be up to 2.6 times lower
Tuesday, April 24, 2018
The tariffs charged by operators for porting landline numbers are dropping from EUR 7.8 to EUR 4.64 per number, and for mobile numbers the tariff is going from EUR 5.6 to EUR 2.13 per number, according to a decision by the National Authority for Administration and Regulation of Communications (ANCOM). ANCOM and industry players debated and adopted the decision regarding the decrease of operators’ tariffs for switching phone numbers to other ...
Huawei P20 and P20 Pro are officially launched in Romania
Tuesday, April 24, 2018
Huawei P20 was officially launched in Romania last night and we had the chance to a hands-on experience, business-review.eu informs. The smartphone that resembles iPhone X due to the small notch at top of the screen for the sensors and camera is already available in stores at around RON 3,000 for P20 and Ron 3,900 for P20 Pro and in special offers at the mobile operators. The main feature of the phone is the ...