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Economic

C&W Echinox: Vacancy rate of offices in Bucharest down close to 8.2 pct

Tuesday, October 17, 2017

Taking into account that the offices stock in Bucharest remained constant, the vacancy rate dropped to approximately 8.2 percent in the third quarter from 9.3 percent at the half of the year, according to an analysis of Cushman & Wakefield Echinox quoted by business-review.eu. The office developers didn’t deliver any new building in Bucharest in the third quarter of this year, while companies leased spaces with a ...

Corporations have begun reserving offices in advance for 4,000 employees

Tuesday, October 17, 2017

Real estate developers have not finished any new office building in Bucharest in Q3 this year, and yet corporations wishing to expand or enter the Romanian market have reserved an area of 37,000 square meters in buildings undergoing construction , because they want to recruit about 4,000 employees, romaniajournal.ro informs. Overall, the companies have leased spaces with a cumulative area of 68,000 square meters, up by 5% against the same period of the ...

Agriculture: Minister Daea: 14 Romanian products trying to obtain European protection

Tuesday, October 17, 2017

The Ministry of Agriculture wants to register 14 new Romanian products in Brussels, besides the four for which Romania has already obtained European recognition, said Petre Daea, the minister of agriculture at the opening of the fair organized in Herastrau Park in Bucharest, on the day of Romanian foodstuff. Until now, Romania obtained recognition for four products, Topoloveni jam, Sibiu salami, Ibanesti cheese and smoked bighead carp from Barsei ...

Value of agricultural production by development region in 2016, 2.5 percent higher compared to 2015

Tuesday, October 17, 2017

The value of the 2016 agricultural production was 2.5 percent higher compared to 2015, standing at 69.35 billion lei; the rise was the combined effect of the 5.3 percent advance of the crop production and the 2.4 percent decrease in animal production, shows data released on Friday by the National Institute of Statistics (INS). The highest figures were registered in ...

Optimum soil moisture content for development of winter crops in most regions

Tuesday, October 17, 2017

Cooler weather persisted in the country’s northern and central regions, where air temperatures were 2-1°? below normal.  Daytime air temperatures were within +6..+17°? throughout the week. Frost events of down to -2..-4°? occurred in North Romania on the night of October 3-4. The 5-cm soil layer heated to +7..+20°?. This was favorable the development of winter crops, which are at the germination and emergence ...

Romania – top EU exporter of barley to third countries at start of 2017/18

Tuesday, October 17, 2017

Romania becomes more and more important player on the grain market of EU. Last season the country was highly successful becoming the top wheat exporter to the third countries among other EU exporters, going neck and neck with Germany closer to the end of 2016/17 MY.  At the beginning of the current season the situation seems highly favorable for barley shipments. Having gathered second largest barley crop in 2017 and with large carry-over stocks ...

Infrastructure: AFER: Unless railway system is backed up, Serbia, Bulgaria and Hungary will cut geopolitical connection with Black Sea

Tuesday, October 17, 2017

Romania will be avoided through Serbia, Bulgaria and Hungary unless the railway system is backed up. Those countries already invest a lot in infrastructure and will cut off connections with the Black Sea from the geopolitical point of view, said Viorel Lucaci, state inspector at Romanian Railway Authority (AFER). According to him, Romania could win only as passage corridor in the Romanian sector of Pan-European corridor 4, even if the heavy industry ...

Eurostat: Largest increase in air passenger transport in Bulgaria, Romania and Cyprus

Tuesday, October 17, 2017

In 2016, 972.7 million passengers travelled by air in the European Union (EU), up by 5.9% compared with 2015 and by 29.1% compared with 2009. Over this period, air passenger transport has steadily risen in the EU. In 2016, intra-EU transport represented almost half (47.0%) of total air passenger transport in the EU and extra-EU transport over a third (35.6%), while national transport accounted for fewer than 1 in every 5 passengers (17.3%). On the EU territory in 2016, six ...

Eurostat: Romania, one of the main users of inland waterways for freight transport in 2015

Tuesday, October 17, 2017

Romania was one of the main users of inland waterways for freight transport in 2015 with 30.4 percent, next to Netherlands (45.5 percent) and Bulgaria (27.4 percent), according to Eurostat quoted by business-review.eu. Compared to its level in 2010, 2,287 billion tonne-km of inland freight were transported in the European Union in 2015, growing by 1.3 percent. As a result, the modal split of inland freight transport has barely ...

Cars: APIA: Over 1,500 ecological cars sold in Romania in the first 8 months of year

Tuesday, October 17, 2017

The number of new, ecological cars (hybrid and electric) sold in Romania in the first eight months of the year reached 1,518 units, on the rise by 161% compared to the same period of 2016, according to APIA statistics (Association of Automobile Producers and Importers). There were 184 electric cars (100%), more than double the number than in the first 8 months of 2016, when 67 units were sold. According to statistics, the share ...

In August 20171 , the turnover of the trade with motor vehicles increased by 0.6%

Tuesday, October 17, 2017

Compared to the previous month, in August 2017, the turnover volume of the trade with motor vehicles and motorcycles increased both as gross series by 1.1% and as adjusted series according to the number of working days and to seasonality by 0.6%. The turnover volume of the market services provided to the population increased compared to the previous month both as gross series by 2.1% and as adjusted series according to the number of working days and to ...

Healthcare: Specialists: 3% of Romania’s population suffers from inflammatory rheumatic diseases

Tuesday, October 17, 2017

Rheumatic affections are present even among the active population, young people and children. 3% of people in Romania suffer from inflammatory rheumatic diseases, according to a press release issued by several organization on the World Day of Fight against Arthritis. According to the source, there are about 2,000 children with juvenile arthritis. “Although rheumatic affections are considered old people’s affections, ...

Mental health: how many psychiatrists in the EU?

Tuesday, October 17, 2017

Mental health care is a specialised area of medicine. In 2015, the European Union (EU) had around 90 000 psychiatrists in total. The majority practised in Germany (18 200 psychiatrists, or 21% of the EU total), France (15 200 psychiatrists, 17%), the United Kingdom (11 800 psychiatrists, 14%) and Italy (10 800 psychiatrists, 12%). However, to be able to compare the shares by country, these absolute numbers need to be adjusted to the size of the ...

Trade: Study: Most Romanians living in towns prefer Romanian foodstuff

Tuesday, October 17, 2017

Most Romanians from the urban area prefer foodstuff from Romania, but appreciate foreign trade marks for electronic and electric appliances, cars, phones and tablets, a study made by iSense Solutions shows. From a list of 14 categories of evaluated products, consumers choose those with Romanian origin when it comes to perishable food (fruit, vegetables, dairy products), food with long validity term (canned food, flour), sweets, snacks, clothes, ...

Agriculture : Romania’s imported agricultural products close to EUR 3.5 bln in H1

Tuesday, October 10, 2017

Romania’s imported agricultural products amounted close to EUR 3.5 billion in the first semester of the year, a growth by 17 percent compared with the similar period of 2016, while the exports amounted by 4.5 percent more than in the analyzed period, respectively EUR 2.432 billion, according to the Ministry of Agriculture and Rural Development quoted by business-review.eu. “In the first semester of the year, the commercial deficit of ...

Tourism : The tourists’ overnight stays in the establishments of tourists’ reception increased by 3.8% in August 2017

Tuesday, October 10, 2017

Compared to the corresponding month of the previous year, both the arrivals and the overnight stays in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 7.8 % and by 3.8 %, respectively, in August 2017. Compared to August 2016, in August 2017, customs registered an increase in both the arrivals of foreign visitors of 19.6 % and in the departures abroad of ...

Over RON 2 billion, spent by foreign tourists in Romania in H1

Tuesday, October 10, 2017

Those over 1,200,000 foreign tourists who visited Romania in the first half of this year spent RON 2.2 billion for accommodation and have left nearly RON 500 million in bars and restaurants. At the same time, they bought souvenirs of RON 128 million, digi24.ro informs quoted by romaniajournal.ro. Foreign tourists also visited the shops in Romania and bought clothes and shoes worth RON 100 million. So were the revenues after spending time in casinos and ...

Telecom.IT: Romanian comms market surges ahead

Tuesday, October 10, 2017

Romania’s electronic communications market doubled in value between the years 2003-16, broadbandtvnews.com informs. According to data published by the regulator ANCOM, it was worth RON14.96 billion (€3.27 billion) in 2016, compared to RON7.38 billion in 2003, despite fluctuations in both the world’s and Romania’s economy. The report by ANCOM, entitled 360 degree ...

Romania registers the lowest percentage of steady Internet users în EU

Tuesday, October 10, 2017

Romania registers the lowest percentage of steady Internet users in the European Union, respectively 48 pct, while 39 pct of the overall population has never used the digital medium, show data of the European Commission (EC), recently quoted at the second edition of the regional conference on intellectual rights property, organised by the Romanian-American University in Bucharest. As regards the integration of digital technology in the daily operations of ...

Cars: Renault's Caracatzanis: Market for new vehicles now much lower than in 2007

Tuesday, October 10, 2017

The market for new vehicles is now at a much lower level than ten years ago, whilst the market for used vehicles has increased a great deal, Dacia and Renault Romania Group's CEO Yves Caracatzanis said on Wednesday in southwestern Mioveni. "For Romania and for the Romanians it is very important to have a market for new vehicles and a car fleet as young as ...

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