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Economic
Trade: Beer market in Romania posted a slight increase in 2017, economic stability and predictability needed
Tuesday, April 24, 2018
The beer market has reported a moderate rise of 2 pc in 2017, and reached a volume of 16.11 million Hl, the Brewers of Romania announced in a press conference on Tuesday, romaniajournal.ro informs. The association pointed out that beer production represents a real input for Romania’s economic growth by setting up, directly and indirectly, 85,000 jobs countrywide (27,965 jobs in the retail sector, 5,400 jobs in the beer production, 24,543 jobs ...
Tourism : Severe workforce crisis in the Romanian tourism industry
Tuesday, April 24, 2018
The Romanian seaside will officially start welcoming tourists in the long weekend of May 1, and people are eager to celebrate the arrival of summer at the beach, business-review.eu reports. Each year, however, seaside business owners are having an increasingly harder time finding seasonal workers to provide the essential services of the tourism industry. As a result, they are urging the government to make it easier for them to hire people from other ...
Agriculture : Romania decreased wheat exports by 17%
Tuesday, April 24, 2018
Over July-March Romanian wheat exports equaled 3.8 KMT, which lags behind last season`s record pace by 17% (15% in the previous month) due to lack of shipments to Morocco and Ethiopia. Over the same period of 2016/17 MY exports reached 4548 KMT, ...
Infrastructure : Romania back in the Air Malta network
Tuesday, April 24, 2018
Air Malta has added another destination to its route network and will start operating a weekly (Thursday) flight to Bucharest, the capital cityof Romania, independent.com.mt informs. These new scheduled flights, which for years have been operated by Air Malta as a charter service, have now been upgraded to a scheduled one. Scheduled flights to Bucharest will start as from 17th May 2018 with the sale of seats starting today. Go-Light hand luggage ...
Cars: In February 2018 , the turnover of the trade with motor vehicles decreased by 1.9%
Tuesday, April 17, 2018
Compared to the previous month, in February 2018 the turnover volume of the trade with motor vehicles and motorcycles increased as gross series by 5.7% and decreased as adjusted series according to the number of working days and to ...
Approx. 12,000 newly registered cars in Romania, in March
Tuesday, April 17, 2018
New cars registrations have increased in Romania by around 15 pct, in March this year, compared with the same period last year, up to 11,995 units, according to data released on Thursday by the Office for Driving Licences and Vehicles' Registration in Romania (DRPCIV).In the said interval, the number of car registrations saw a leap of 17.45 pct, from 6,915 units in March 2017, to 8,122 units in March this year.By vehicle type, the highest increase in ...
Infrastructure: In Q1, 365,000 passengers travelled by place from Timisoara International Airport
Tuesday, April 17, 2018
There were 364,982 passengers who travelled by place from Timisoara in the first three months of the year, on the rise by 2.6% compared to the same period of 2017, according to a press release of Timisoara International Airport. 4,284 airplanes landed at or tool off from the airport, the equivalent of flight increase of 2.6% compared to 2017. According to official data, most passengers travelled to or from Bucharest, London, ...
Japanese companies interested in Cluj-Napoca subway project
Tuesday, April 17, 2018
Companies from Japan are interested in Cluj-Napoca’s project to develop a subway transport system in the city, according to Cluj-Napoca mayor Emil Boc cited by romania-insider.com . The municipality will first make a pre-feasibility study to assess the costs and the possible route of the subway. According to Boc, the subway is a long-term project as it is estimated that in 20-30 years Cluj-Napoca will ...
Ryanair launches four new routes from Bucharest
Tuesday, April 17, 2018
Irish low-cost airline Ryanair has launched its Winter 2018 schedule from Bucharest, which includes four new routes from Romania’s capital to Amman (Jordan), Marseille (France), Palermo (Italy) and Paphos (Cyprus), romania-insider.com informs. The new routes will have two flights a week each. The company will also increase the frequency of its flights from Bucharest to Athens, London, Milan and ...
Real Estate: tIMOn: 90% of houses sold are completed, contrary to market tendencies
Tuesday, April 17, 2018
Houses commissioned in no more than 6 months represent 90% of houses sold at tIMOn real estate fair, contrary to market tendencies of selling houses long before completion, fair organizers said. The stock of houses completed or under completion in the next 6 months is of over 8000 houses at the fair, according to organizers. The market situation is totally different. The wave of investments in new projects is present even in ...
Eurostat: Housing prices, up more in Romania than in EU, in Q4 of 2017
Tuesday, April 17, 2018
House prices in the Euro area increased 0.9 percent and in the European Union 0.7 percent in the 4th quarter of last year, compared with the the third quarter, a higher advance being recorded in Romania where the prices of dwellings went up 1.2 percent from one quarter to the other, according to data published by the European Statistical Office on Wednesday (Eurostat).As compared to the previous quarter, October through December 2017, the highest increases ...
Healthcare: Romania on the last place in EU for medical drugs consumption
Tuesday, April 17, 2018
Romania is at the bottom of a European ranking regarding the consumption of medical drugs per capita, but not because they are healthier, but due to the precarious access to therapeutic solutions, according to the Trade Union of Industrial Medical Drugs Producers in Romania (PRIMER), business-review.eu informs. The organisation found that the pharmaceutical market in Romania reached about RON 12 billion in 2017 at producer price, which represents a 4 ...
Agriculture : In February 2018, the number of sheep and goats slaughtered in slaughter houses decreased by 44.8%
Tuesday, April 17, 2018
• Compared to January 2018, in February 2018 the slaughtering and the carcass weight decreased for all species of animals and poultry. • Compared to February 2017, the slaughtering and the carcass weight increased for pigs and poultry and decreased for cattle, sheep and goats. Slaughter numbers and carcass weight were up this February from February 2017 for pigs and poultry, whereas for ...
Trade : Romanians allocate 300 lei on the average for Easter gifts bought online (study)
Tuesday, April 17, 2018
The average budget allocated by Romanians for Easter gifts bought online is 300 lei, according to a market study released on Wednesday. According to the study made by Champaigns, a marketing performance agency in the local market, the Romanians’ preference top includes shoes, day dresses, light jackets and sports shoes. Women aged between 25 and 45 are shopping leaders, but the 30-45 year range records the highest ...
Analysis: For Easter the meat market has a profit of 1.94 billion lei
Tuesday, April 17, 2018
Easter catches the meat market in the best year since 2012 and until now, land the Easter dinner where there are a multitude of meat produce, announces the best season for producers and traders on the meat market, shows an analysis made by the specialised company KeysFin. This shows that the meat market has passed, over the last years, through a process of maturity and consolidation, and due to significant investments the range of products has increased, and their quality has ...
Tourism: Romanian tourists start changing traditional Easter destinations with extra European trips
Tuesday, April 17, 2018
Tourists who choose to travel during Easter holidays by means of travel agencies are not necessarily looking for traditional holidays. Many of them chose this year Catholic or Muslim countries, warm places where they can sunbathe and demand went up by 40-50% compared to last year, several tour operators declared. “Compared to last year, we register a 40% increase of holiday demands in this period to extra-European destinations, thus determining a ...
Healthcare: COPAC Study: Medicine shortage, main problem of chronic patients
Tuesday, April 10, 2018
The lack of medicines, especially new ones, which are not available in Romania, is the main problem of chronic patients in their relations with the health system, according to a study released by the Coalition of Chronic Patients in Romania (COPAC). The study “Report on chronic patients’ access to health system in Romania”, made and presented by associate professor Dr. Florentina Furtunescu (National Public Health Institute), shows ...
Real estate: Imobiliare.ro: There is desperate need of building houses
Tuesday, April 10, 2018
In Romania, there is great need of new houses, in the context in which last year’s delivery volume was below that of 2016, house building did not grow at the same rate as demand, says Dorel Nita, the coordinator of the real estate analysis department, according to a Tuesday press release of Imobiliare.ro and the National Association of Authorized Evaluators in Romania (ANEVAR). Last year’s delivery volume of about 53,000 locative units at ...
Top 3 Romanian cities in terms of price increases for apartments in March
Tuesday, April 10, 2018
The average requested price for old and new dwellings reached EUR 1,200 per square metre in March, by 0.3% more than at the end of the previous month, when it averaged EUR 1,197 per meter square, with the largest increases being in Timisoara, Cluj-Napoca and Bucharest, romaniajournal.ro reports. According to imobiliare.ro, the big regional centres experienced this upward trend, with one exception, in Iasi. Timisoara is first in ...
The multifunctional residential project One Floreasca City kicks off soon
Tuesday, April 10, 2018
One United Properties, a leading developer of premium residential real estate and office buildings, will start the construction works on One Floreasca City this April, the company informs. The multifunctional residential project, developed together with Auchan Romania, is located on the site of former Ford factory in Bucharest, also known as Automatica industrial area located at blvd. Mircea Eliade and Calea Floreasca ...