Economic
Cars: Jaguar, Chrysler and Porsche top 2017 registrations of exclusive cars in Romania
Tuesday, January 23, 2018
Romanians continued to buy and register exclusive cars also in 2017, both new and used ones, with the number of such units standing at 1,943, most of these being Jaguar, 919 units, according to data with the Driving License and Vehicle Registration Directorate (DRPCIV).According to official statistics, between January and December 2017, on the list of registered expensive cars after Jaguar there is Chrysler, by 834 units (all used ones), up over ten times from ...
Transactions in used cars in Romania reach 1.1 mln units in 2017
Tuesday, January 23, 2018
Last year's transactions in used cars in Romania reached 1.1 million units, while in the case of new cars the number exceeded 100,000 units, according to an analysis by Autovit.ro on the basis of the data provided by the Driving License and Vehicle Registration Directorate (DRPCIV).At a comparative level, in 2016, the market for used cars reached 641,909 units."Last year, the market for new cars exceeded 100,000 units, after almost a decade, this being ...
Agriculture : Romania holds 33 pct of total number of agricultural exploitations in EU
Tuesday, January 23, 2018
Romania holds 33 per cent of the total number of agricultural exploitations at EU level, while only Poland holds more than 10 per cent more of the total number of EU agricultural exploitations, 13.2 per cent respectively. However, in terms of agricultural area, Romania lays behind such states as France and Spain, said the President of the National Institute of Statistics (INS), Tudorel Andrei, in a press conference."In a short amount of time, almost seven years, ...
Last year's three-quarter coffee, tea and spice imports down 2.3 pct
Tuesday, January 23, 2018
Imports of coffee, tea and spices in the first nine months of 2017 were down 2.3 percent to 41,784 tonnes compared to the same period of 2016, according to the agri-food trade balance.Coffee, tea (mate tea included) and spice imports over the first nine months of 2017 were in excess of 170.7 million euro, while in the similar period of 2016 the figures were 166.16 million euro for 42.783 tonnes of such products.According to data of the Ministry of ...
Romania decreased wheat exports y/y
Tuesday, January 23, 2018
In November Romania exported 334 KMT of wheat, which was 20% lower than over the same month of 2016 (415.24 KMT). Romania exported 2753 KMT of wheat through ports in July-November 2017, which is slightly lower than over the same period last season (2775.75 KMT), ...
Real Estate: Bucharest office markets records over 170 transactions for more than 310,000 sqm in 2017
Tuesday, January 23, 2018
Romania will continue to growth in the office segment in 2018, while the overall market will remain stable, according to a report of real estate consultancy Knight Frank, business-review.eu informs. Bucharest is set to record new demand in the office sector, due to new players getting on the market and from existing companies that will extend or relocate their operations in the city. In the last quarter of 2017, the office ...
How the Romanian real estate market evolved in T4 2017
Tuesday, January 23, 2018
Throughout the year 2017, the price demands of residential real estate sellers in Romania, for both apartments and houses, maintained a growth trend, business-review.eu informs. According to the trimestral market report published by Analize Imobiliare, a platform launched and supported by Imobiliare.ro, residential properties are, overall, 9.1 percent more expensive compared to the previous year. The figure marks a slowing down of the increase in ...
Infrastructure: Blue Air had 5.06 million passengers last year, 70% more than in 2016
Tuesday, January 23, 2018
Blue Air, the largest Romanian air company had 5,061,790 passengers last year, 70% more than the previous year and over initial estimates, more than double compared to 2015 when it flew over 2 million passengers. The 70% increase of passenger number is due to the fact that in 2017, Blue Air continued to expand, increased the number of domestic flights, their frequency, and direct links between the sea coast and some large towns in Romania, a press ...
Romania to invest 155 mln lei (33 mln euro) in Constanta road upgrade
Tuesday, January 23, 2018
Romania will spend over 155 million lei ($41 million/ 33 million euro) to overhaul a 39 km road section in Constanta county, the ministry of regional development, public administration and European funds said quoted by seenews.com. The ministry signed on Wednesday the financing contract for the rehabilitation of the secondary road between Cernavoda and Ion Corvin in Constanta, eastern Romania, it said in a press ...
Astaldi-IHI JV to build 435 mln euro bridge over Danube in Romania
Tuesday, January 23, 2018
Italy's Astaldi said on Wednesday it has been awarded a contract to build a suspension bridge over the Danube river in the area of Braila in Romania, in a joint venture with Japan's IHI, seenews.com informs. The value of the works totals approximately 435 million euro ($531 million), with Astaldi responsible for a 60% share, the company said in a statement. The contract calls for designing and building a suspension bridge ...
Rail, road freight volumes go upwards Jan - Sept 2017
Tuesday, January 23, 2018
Romania's rail and road freight volumes were up 8.4 pct and 7 pct, respectively, in the first nine months of 2017 from the similar period of the year before, shows data centralized by the National Institute of Statistics (INS).Rail freight stood at approximately 41.503 million tons, with domestic transport accounting for 79 pct of the total. Road freight volumes totaled 168.18 million tons, of which 76.9 pct in domestic ...
Healthcare: Romania, Germany discuss collaboration in pharmaceutical and medical technology fields
Tuesday, January 23, 2018
Consul of the Federal Republic of Germany in Sibiu Hans E. Tischler and the rector of the University of Medicine and Pharmacy Targu Mures (UMF Targu Mures), Prof. Dr. Leonard Azamfirei, on the occasion of a bilateral meeting discussed about academic exchanges and collaborations of the Targu Mures-based university with German companies operating in the pharmaceutical and medical technology fields."The possibility of expanding the academic exchanges between the UMF ...
Tourism: Bran Castle visited by over 1 million people last year
Tuesday, January 23, 2018
Bran Castle, one of the best known Romanian tourist attractions in the world, attracted 835,116 paying visitors last year, to whom we could add participants in public and private events, gratuities, thus recording 1 million people who visited the castle, Bogdana Balmus, PR director at Bran Castle told News.ro. She says Count Dracula’s legend and ghost stories are the main attraction for foreigners who make reservation as early as January-February to make sure they find ...
Over 1.724 million tourist arrivals in Bucharest 10 months into 2017
Tuesday, January 23, 2018
Over 1.724 million tourist arrivals were recorded in Bucharest over January - October 2017, according to data released by the National Institute of Statistics (INS).Most of the arrivals were written down in September, namely 199,641, while the lowest numbers were in January, at 123,909.Ten-month overnight stays in tourist accommodation structures stood at over 2.82 million, most of which in October - 327.522, and the fewest in January - ...
Trade: PayU: December in top 3 months when Romanians make most online purchases
Tuesday, January 23, 2018
December is in top 3 months when Romanians make most online purchases, after November, marked by Black Friday event, March with Women’s Day, according to PayU, a global payment service supplier for companies. 951,000 online transactions of over 246 million lei were made in the PayU system. “It is more simple, more rapid and more secure to pay online, and this thing was seen again at the end of the year, when ...
Romania, Bulgaria have lowest shares of e-shoppers in EU
Tuesday, January 23, 2018
Romania and Bulgaria posted the lowest shares of Internet users who shopped online last year among EU member states, Eurostat said on Wednesday, seenews.com informs A total of 23% of Internet users in Romania and 27% in Bulgaria said they purchased goods or services for private use in 2017, Eurostat said in a statement. Croatia posted the fourth lowest share of e-shoppers in the EU, of just over 40%. Slovenia posted the highest share of e-shoppers among EU member states from ...
Trade: GfK: Romanian market of household appliances grew to 1.9 billion euros in first 9 months of 2017
Tuesday, January 16, 2018
Sales of household appliances in Romania grew by 12.7% in 2017 compared to the same period of 2016m to 1.887 billion euros, according to GfK Temax market study issued on last Thursday, which shows that the telecommunication sector and that of small appliances recorded the highest increases. Household appliances of long use include vacuum cleaners, refrigerators, washing machines, TV sets, computers, laptops, mobile phones, tablets, printers and photo ...
Big retailers opened fewer stores in 2017
Tuesday, January 16, 2018
The number of new stores opened by big retailers in the local market dropped by 18% compared to the previous year, influencing at the same time, the increase rate of the business figure, according to the Retailers’ Metrics, made by Cushman & Wakefield Echinox. The study analysed the expansion rate and the evolution of the business figure of 99 retail companies operating under 120 brands in the fields FMCG, Fashion, Electric-IT, ...
Online shopping posts record growth in Romania
Tuesday, January 16, 2018
Romanians spent some EUR 2.8 million online only in 2017, 40% more than the year before, according to estimations from local ecommerce companies, romania-insider.com informs. This is one of the highest growth rates in the EU. Online shoppers spent some EUR 7.7 million daily in Romania last year, and most of them (85%) prefer to pay cash on delivery. The amounts include only physical goods sold online, but ...
Livestock exports bring over EUR 315 million to Romaia January through September 2017
Tuesday, January 16, 2018
Romania cashed over EUR 315 million in the first three quarters of 2017 from livestock exports to the intra- and extra-community area, up by rd 15pct against the similar period of 2016, when it collected almost EUR 275 million, according to the agri-food products' trade balance .Approximately 148,717 tonnes of live animals, up by 6pct against the 140,204 tonnes exported in the similar period of 2016, were traded on the EU and third markets in the first nine months ...