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Economic
Bucharest Military Hospital's Integrated Nuclear Medicine Centre opens on 4.5-million euro investment
Tuesday, February 27, 2018
An integrated nuclear medicine centre for the detection of oncological, cardiovascular and neurological conditions, open to all patients, was inaugurated on Wednesday at the Carol Davila Central Military Emergency Hospital of Bucharest in the presence of the Defence Minister Mihai Fifor."What we have here at this center is the best European equipping for such a hospital," said Fifor, adding that the value of the facility is about 4.5 million euros, an investment ...
Tourism : Two Romanian entrepreneurs launch ViziteazaDelta.ro booking platform, following 130,000 euro investments
Tuesday, February 27, 2018
Two Romanian entrepreneurs Dragos Catalinoiu Gociman and Gabriel Iliescu will launch, on the occasion of Romania's Tourism Fair (TTR), the first presentation, booking and sale platform of a tourist destination of Romania, called ViziteazaDelta.ro, following some investments worth approximately 130,000 euro."So far, we have earmarked almost 130,000 euro to this project from our own funds, and in the next year we intend to invest another 70,000 euro, money that will ...
Ambassador Zupancic: Number of Romanian tourists in Slovenia in 2017, up 60 pct as compared to 2016
Tuesday, February 27, 2018
The number of Romanian tourists who have visited Slovenia in 2017 went up by 60 percent as compared to 2016, Slovenia's Ambassador to Romania Mihael Zupancic on Friday told a press conference for the presentation of the Republic of Slovenia at Romania's Tourism Fair.He appreciated that Romanians and Slovenians have many things in common, in gastronomy included, and the economic and cultural relations between the two countries are at a good ...
Real Estate: Tiny house trend finds first supporters in Romania
Tuesday, February 27, 2018
Several Romanians have adopted the tiny house philosophy, a movement that advocates a simpler living in a small home, romania-insider.com reads. One of the first local owners of a tiny house is Gabriela Isadora. She told ...
2018, a turning point for Romania’s real estate investment market
Tuesday, February 27, 2018
This year will be a turning point for the real estate investment market in Romania, especially from the perspective of the office segment, according to real estate consultancy firm Colliers. “Whereas office buildings which changed hands from 2015 to 2017 had an average surface of 20,000 sqm, the pipeline for the next period includes projects with an average surface area of over 50,000 sqm. Therefore, the volume of investment in the office market ...
NEPI pays EUR 21 mln for mall project in Sibiu
Tuesday, February 27, 2018
NEPi Rockcastle, the biggest mall owner in Romania, paid EUR 21 million for the Festival Sibiu mall project, romania-insider.com informs. The investment fund bought the project from local developer Primavera Development, owned by the Tanasoiu family. Reff&Asociatii provided legal assistance for NEPI in signing this deal. Primavera Development announced in 2016 that it would resume ...
Cars: Deloitte: Romania may have over 1 mln green vehicles by 2030
Tuesday, February 27, 2018
Romania will reach over one million electric and hybrid vehicles by 2030, according to Razvan Nicolescu, energy & resources industry leader, Deloitte, romania-insider.com reads. “My bet is on electricity. By 2030, we will have over one million electric or hybrid vehicles in Romania,” Nicolescu said at the ZF power Summit energy conference, ...
Porsche Romania aims to sell 50,000 cars per year by 2025
Tuesday, February 27, 2018
Porsche Romania, the biggest local car importer plans to reach 50,000 units sold per year by 2025, up from a current level of 31,500 units, romania-insider.com informs. Moreover, the company aims to increase the sales of electric vehicles to a quarter of its total sales, according to its representatives, ...
Trade: Romania exports meat and meat products worth 380.5 ml euro over Jan.-Nov. 2017
Tuesday, February 27, 2018
Romania exported in the first 11 months of 2017 meat and meat products worth 380.5 million euro, a value higher by 13 percent compared to the one recorded in the similar period of the previous year, according to the data centralised by the National Institute of Statistics (INS).Meat and meat products imports accounted for 794.4 million euro, higher by 19.1 percent compared to those recorded between January-November 2016, thus, a deficit of approximately 414 ...
Carlsberg’s sales in Romania up by 21 pct in 2017
Tuesday, February 27, 2018
Carlsberg, the premium beer brand in the United Romanian Breweries Bereprod (URBB) portfolio, registered a sales rate increase in Romania by 21 percent in 2017 compared with 2016., business-review.eu reports The result brings an increase in the Carlsberg’s market share in the super premium category. Thus, Carlsberg continues the sales increase tendency in Romania, registering the second annual rate increase by two digits ...
Romania's FMGC market expands 7pct in 2017 amidst rising prices
Tuesday, February 27, 2018
Romania's market for fast moving consumer goods (FMCG) expanded 7 percent in 2017, driven by rising prices instead of rising purchases, as was the case in 2016, according to a study by market research company GfK.The study shows that in 2017 Romanian consumers turned to higher-priced products, a phenomenon called up-trading.Home care products recorded the highest increase in 2017, of nearly 10 percent in value. Also rising above the market averages ...
Telecom.IT: Redeleanu to become head of UPC Poland, keeps UPC Hungary CEO role
Tuesday, February 27, 2018
The CEO of UPC Romania and UPC Hungary, Robert was appointed CEO of UPC Poland, effective from 1 April, telecompaper.com informs. He will still be in charge of operations in Hungary, while his role in Romania will be taken by Mihnea Radulescu, the existing VP of B2B operations in UPC CEE (Central and Eastern Europe), coordinating activities for the business division in Romania, Hungary, Poland, Slovakia and the Czech ...
Healthcare: Sanador will open Oncology Centre this year
Tuesday, February 20, 2018
Sanador private health network, one of the biggest players in the market, reported last year a business figure of 64 million euros, on the rise by 22% compared to the previous year, Doris Carmen Andronescu, Sanador general manager told News.ro on Tuesday. The group, present only in Bucharest, will inaugurate an Oncology Centre in the second half of the year, for which they called back Romanian physicians from abroad. Andronescu says that surgical ...
Cars: Dacia car registrations in Europe grew by 17 pc in January
Tuesday, February 20, 2018
Romania ranks 16th in the EU in the January in terms of car registrations, up by 66.4 percent year-on-year, to 11,744 new cars registered, according to Romania’s Association of Automotive Manufacturers (ACAROM) data, a press release informs. Dacia posted an increase of registrations by 17 percent in Europe, to 39,513 units. New car registrations in the European Union increased by 7.1 percent in January 2018, as compared to ...
Telecom. IT: UPC - 6.5% higher incomes in 2017
Tuesday, February 20, 2018
Telecommunications operator UPC Romania, part of Liberty Global group, recorded growths in all business segments in 2017, determined mainly by the extension of UPC service coverage and improved service offer by the launch of Happy Home, the new value promise for customers. Main 2017 results: * An important benchmark was extended and overcome: 2.400,000 subscriptions at the end of 2017 * Extension of ...
ANCOM- About 900,000 phone numbers ported in 2017
Tuesday, February 20, 2018
About 900,000 phone numbers were ported in 2017, most of them mobile phone numbers. The balance sheet shows that 4.5 million similar operations were made since the launch of portability in Romania, according to data published by ANCOM on Thursday. Of all numbers ported last year, 81% belonged to private persons, while 19% belonged to companies. 13 suppliers were involved in porting processes. At general level, 892,685 phone ...
Romanian telecommunications adopt action plan for 2018
Tuesday, February 20, 2018
Romanian telecommunications authority Ancom and representatives of local operators discussed and adopted the institution’s 2018 action plan during the Consultative Council meeting held on 7 February, telecompaper.com reads. Some of the authority’s actions agreed with the industry include implementing the infrastructure law, adopting a national strategy for the achievement of the broadband access targets of the Digital Agenda for Europe and ...
Trade: Romania's chocolate consumption on the rise, market to hit 1 bln euro this year
Tuesday, February 20, 2018
Romania's chocolate consumption increased significantly driven by the population's higher purchasing power, so that the specific market is expected to hit this year a historic high which could exceed 5 billion lei (about one billion euro), shows a KeysFin survey sent last Wednesday.The chocolate market turnover was 4.5 billion lei in 2016 and preliminary data indicate an advance of over 20 pct in 2017. According to the survey that looked at the market's evolution ...
Agriculture : MEP Buda: 43 pct of Romanian farmland foreign-owned, looming risk we become 'berry-pickers' in our own land
Tuesday, February 20, 2018
More than 40 percent of Romania's farmland is held by foreign citizens and the Romanians run the risk of becoming "berry pickers in their own land," MEP Daniel Buda told a press conference held on Tuesday at the seat of the National Liberal Party's Bistrita-Nasaud branch.In Buda's opinion, the high share of foreign-owned farmland result in higher imports of agricultural produce."Romania is given as an example in the European Parliament as regards the ...
Infrastructure: Blue Air launches new flight from Bucharest to Palma de Mallorca
Tuesday, February 20, 2018
Blue Air, the largest Romanian air company will launch a new flight from Otopeni International Airport to one of the most popular summer destinations, Palma de Mallorca as of June 16. Flights will take place over June 16 - September 15, every Wednesday and Saturday. Blue Air offers three types of flight packages: Light, Classic and Premium. Besides this new flight, Blue Air will add over 100 domestic and international flights to ...