Economic
FIC warns that Romania’s healthcare system must be a priority
Tuesday, August 8, 2017
The Foreign Investors Council (FIC) warned that Romania’s healthcare system should be a priority for Romanian authorities, business-review.eu reads. Between 2013-2016 FIC rolled out a campaign called De profesie: Medic in Romania,which focused on the declining number of health professionals in the country. Ours was one of the first organisations outside the healthcare sector to talk publicly about the availability of qualified ...
Telecom.IT: Average user of mobile telephony and mobile internet consumes 756 MB per month
Tuesday, August 8, 2017
The average user of mobile telephony and mobile internet consumes 756 MB per month, sends 65 national text messages and calls on average 255 minutes from their own terminal, according to Veritel.ro data, as quoted by the National Communications Administration and Regulation Authority (ANCOM), in a press release sent on Friday .According to the quoted source, the data indicate a 50 pct increase in mobile internet consumption, as well as a slight decrease in the ...
Trade: Eurostat: Romania ranked ninth among beer producers in the EU în 2016
Tuesday, August 8, 2017
Last year, the European Union produced 39 billion liters of alcoholic beer, by 400 million liters more than in 2015, as well as 900 million liters of alcohol-free beer or with a less than 0.5 pct alcohol content, and Romania ranked ninth among beer producers in the EU, according to data released on Friday by ...
Cars: Porsche Romania recorded 25% sales increase in first semester
Tuesday, August 8, 2017
The car importer Porsche Romania announced on Wednesday a 25% sales growth in the first 6 months compared to the same period of 2016 for all marks of the group. Volkswagen registered s 50% sales increase.Volkswagen and Skoda recorded growths of 50% and 15% compared the the same period of 2016, the company announced. Over January-June 2017, the best sold care models for passengers were Skoda Octavia (1766 units sold), Skoda Rapid (1180 units), ...
New Dacia cars registrations in France up by 0.4 pct in July
Tuesday, August 8, 2017
New Dacia cars registrations in France went up by 0.4 percent in July, compared with the growth by 10.9 percent registered overall by the French auto market, according to the data from Tuesday of the French Constructions Committee of Cars (CCFA), business-review.eu informs. In July, 8,269 Dacia cars were registered in France, compared with 8,234 units in July 2016, while the Renault registrations had a percentage growth by ...
Romanians keep on registering luxury cars, Q1 VIPs: Ferrari, Lamborghini and Pontiac (DRPCIV)
Tuesday, August 8, 2017
Romanians registered in the first six months of the year several hundred luxury cars, including 13 Ferraris, five Lamborghinis, three Pontiacs and 21 Cadillacs, shows the data of the Driving Licences and Car Registrations Directorate (DRPCIV), Thus, in the category of rare cars, between January and June of this year, 547 registered units were recorded, most of them being second-hand. According to the quoted ...
Real Estate: The most expensive neighbourhoods of Romania
Tuesday, August 8, 2017
The most expensive residences for purchase are in the central area of Cluj-Napoca where the prices go over 1,530 euro/square metre, followed by those in the area centre-North of Bucharest (1,500 euro/sqm) and Timisoara (1,080 euro/sqm) according to an analysis published by Imobiliare.ro. In Cluj-Napoca, the city with the highest level of prices in Romania (1,330 euro/sqm), the most expensive apartments are in the central and supercentral ...
Housing prices in Romania up by 3.1% in H2
Tuesday, August 8, 2017
Houses for sale in Romania were more expensive by 3.1 percent in the second half of 2017, romaniajournal.ro informs. Cluj-Napoca ranks first with the highest prices per square meter for apartments and Bucharest comes second, according to a study by Imobiliare.ro. The 3.1 percent increase is similar with the one reported in the first half of 2016, 3 percent on the average. Housing prices went up by 4 percent in the first three months of ...
Tourism : Romanian tourism revenues advanced about 20 percent in H1 2017
Tuesday, August 8, 2017
Romanian tourism revenues advanced about 20 percent in H1 2017, according to data with the main tourism operators, head of the National Association of Romania's Travel Agencies (ANAR) Alin Burcea said."From what I've been talking with the eight biggest tour ...
The tourists’ overnight stays in the establishments of tourists’ reception increased by 13.0% in June 2017
Tuesday, August 8, 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 13.0 %, respectively, in June 2017. Compared to June 2016, in June 2017 customs registered an increase in both the arrivals of foreign visitors of 28.0 % and in the departures abroad of the ...
Study: turnover of Romanian seaside businesses to exceed RON 1.5 bln in 2017
Tuesday, August 8, 2017
The turnover of businesses on the Romanian seaside will exceed RON 1.5 billion, marking a twofold increase compared to 2012, Business Review reads. Moreover, the number of companies in the horeca sector will reach a record high number, on the back of an increased interest for investments in the field, a KeysFin survey shows. According to data centralised by the consulting company in the horeca sector, almost 900 accommodation units were opened on ...
Tourism : Eurostat: Majority of Romanians cannot afford a one-week holiday
Tuesday, August 1, 2017
For many people in the European Union (EU), summer means holidays and travel. However, around a third (32.9%) of the EU population cannot afford a one-week annual holiday away from home. Slightly more households with dependent children (34.6%) than those without (31.3%) find themselves in this situation. Sweden (8.2%), ahead of Luxembourg (13.1% in 2015), Denmark (13.7%), Finland (14.2%), Austria (15.4%) and the Netherlands (16.2%) were the EU Member ...
Telecom.IT : Fixed internet data download speeds go up almost 45pct in H1 2017
Tuesday, August 1, 2017
The average fixed internet data download speeds increased by almost 45pct in the first half of 2017, compared with the first half of 2016, from 75.07 Mbps to 109.1 Mbps, the National Communications Administration and Regulation Authority (ANCOM) reported in a press statement released on Monday. At the same time, average mobile data download ...
Infrastructure :Study: Romania should invest USD 237 bln in infrastructure by 2040
Tuesday, August 1, 2017
Romania should invest USD 237 billion in its infrastructure by 2040, a study by Global Infrastructure Hub, an initiative backed by G20, shows quoted by business-review.eu. However, according to the survey, should the current trends continue, Romania will not invest more than EUR 226 billion, creating an investment gap of USD 11 billion, the study warns. The report argues that Romania needs to invest USD 62 billion in ...
Passenger traffic on the two Bucharest international airports reached 5.92 million in H1 2017
Tuesday, August 1, 2017
Passenger traffic on the two Bucharest international airports - 'Henri Coanda' and 'Aurel Vlaicu', respectively, reached 5.92 million in H1 2017 and 61,800 aircraft movements (landings and takeoffs).Of this total, 5.91 million passengers and 55,700 aircraft movements were registered on the 'Henri Coanda' Airport, the National Company Bucharest Airports (CNAB) informs in a Monday release. "The number of passengers who transited the Bucharest ...
Healthcare: Gov't approved inter-ministerial committee tasked to resume the activities of the Cantacuzino National Research Institute
Tuesday, August 1, 2017
Prime Minister Mihai Tudose on Thursday approved the establishment and powers of an analysis inter-ministerial committee tasked with starting up and approving measures to resume the activities of the Cantacuzino National Research Institute that is to be headed by the health minister as head of the committee. According to a decision of the prime minister published in the Official Journal, the committee aims to start and approve the necessary measures to ...
Romania-Serbia's joint initiative against cancer in the cross-border region
Tuesday, August 1, 2017
Romania and Serbia will develop a cross-border project worth 11.7 million euro, of which 10 million euro from European funds, aimed at developing several common working protocols tailored for patients with cancer, the Ministry of European Funds (MFP) announced on Friday in a press release.The financing contract, signed by minister-delegate for European Funds Rovana Plumb, represents Romania-Serbia's joint initiative against cancer in the cross-border region and ...
FIC: Romania approved only 50 new medicines in last 8-10 years, compared to 650 in EU
Tuesday, August 1, 2017
Romania approved only 50 new medicines in the last 8-10 years, compared to 650 approved in EU, the Foreign Investors Council (FIC) points out in a letter addressed to the authorities. In this context, FIC recommends the increase of the budget allocated to medicines, based on objective measures by extending the contribution base for FNUASS budget or other transparent measures. Infrastructure of the health system must be rapidly modernized in Romania, ...
Agriculture : In 2016, the value of agricultural production increased by 2.5% compared to 2015
Tuesday, August 1, 2017
Compared to the previous year, the crop production increased by 5.3% and the agricultural services by 3.5%. ? The animal production decreased by 2.4% in 2016 compared to the previous year. The structure of agricultural production in 2016 did not present significant changes compared to the previous year. The share of crop production was of ...
Real Estate : JLL Romania analysis: rental area taken under lease by companies, up 54 percent în H1 of 2017
Tuesday, August 1, 2017
The rental area taken under lease by companies in Romania exceeded 350,000 square meters in the first half of 2017, up 54 percent from the same period of 2016, according to a JLL Romania analysis released on Monday. According to the analysis, total demand for industrial space in the second quarter of 2017 (April - June) the reached 180,000 square metres compared with the first three months of this year. "Demand on the industrial and logistics ...