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Trade: E-commerce in Romania represents 14pct of total retail trade
Tuesday, February 6, 2024
One in two Romanians did online shopping in 2023, with the share of this type of shopping in the total value of retail trade in Romania being 14%, according to Statista data cited in a report by an e-commerce platform.At the end of 2023, the number of Romanians who did online shopping reached 10.2 million, with prices remaining the most important criterion in choosing an online retailer (45%), followed by special offers (36%), policy of delivery (34%) ...
E-commerce has become a habit for Romanian shoppers
Tuesday, February 6, 2024
In anticipation to the upcoming re:FOCUS on Retail, Couriers & Logistics 2024, Business Review sat down for an exclusive interview with Raluca Radu, CEO of ANSWEAR.ro, who will also be a speaker in the conference scheduled for February 13. How did ecommerce evolve in 2023 and what are your ...
Cars: Number of new cars registered in Romania, up by 4.15% in January
Tuesday, February 6, 2024
The volume of new cars registered in Romania in January 2024 increased by 4.15% compared to the same month of 2023, up to 12,733 units, according to data centralized by the Directorate for Driving Licenses and Vehicle Registration (DRPCIV) and cited by the Romanian Automobile Manufacturers Association (ACAROM).The ranking of new car brands is led, in the first month of this year, by Dacia - with 3,948 units, followed by Toyota - with 998 units, Skoda (893), Hyundai (853), ...
New car registrations up 6.4 pct YoY in Q4 2023
Tuesday, February 6, 2024
Romania's new passenger vehicle registrations were 6.7 percent up in Q4 2023 from the same period of 2022 to 35,923 units, the National Institute of Statistics said, citing data with the Directorate for Driving Licenses and Vehicle Registration.In a YoY comparison, new moped and motorcycle registrations advanced 16.1 percent, passenger car registrations went up 6.4 percent, while bus and minibus registrations gained 6 percent.As far as new registrations of ...
Healthcare: Romania has cancer mortality rate above EU average, of about 7 pct
Tuesday, February 6, 2024
Romania has a cancer mortality rate above the European Union average of about 7%, said on Monday the president of the Senate and leader of the National Liberal Party (PNL) Nicolae Ciuca, at the debate "Cancer among women - directions for action to improve prevention, early diagnosis and early access to treatment", held at the Senate, in the context of World Cancer Day, marked on February 4.Ciuca mentioned that there have been "a number of undue delays" in the implementation ...
Drug market rises by 16% y/y to EUR 6.1 bln in 2023
Tuesday, February 6, 2024
Romania’s drug market measured at the level of distribution prices increased by 16% y/y to a total value of RON 29.96 billion (EUR 6.1 billion) in 2023, whereas it increased by 2.4% in volume terms to a total of 722 million boxes, according to a report of the consulting company Cegedim. Out of this, the prescription drugs (Rx) sold by pharmacies were RON 18.21 billion (+20.5% y/y), non-prescription products sold by pharmacies totalled RON 7.49 ...
Real Estate: Cushman & Wakefield Echinox: 500,000 sq. m of new industrial and logistic spaces to be delivered in 2024
Tuesday, February 6, 2024
The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country at the end of 2023, almost 80% of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects with a total area of around 452,000 sq. m were delivered in Romania in 2023, corresponding to a 46% decrease compared with the previous year, a contraction which was caused by a reduced development activity on speculative basis, ...
Bright Spaces Launches A New 3D Solution For Leasing Logistic Spaces
Tuesday, February 6, 2024
Bright Spaces is launching into a new real estate vertical with its online 3D visualisation solution for industrial spaces. The technology company is already working with residential and commercial developers – office spaces, co-working, fit-out and architecture companies, across Europe. Entering the logistics sector represents an important step in the digitalization of commercial real estate processes and in the standardisation of 3D ...
P3 Logistic Parks in 2023: more than 170,000 m² leased and an ideal customer mix
Tuesday, February 6, 2024
P3 Logistic Parks, a developer, owner, and manager of industrial European real estate concluded 2023 in Romania with transactions totalling more than 170,000 m² in P3 Bucharest A1 industrial park – P3’s highest activity volume recorded in recent years, in the Romanian market. The client portfolio is its most diverse to date, featuring a strong mix of ideal tenants from sectors such as retail, logistics ...
Cars: Eurostat: Passenger cars per 1 000 inhabitants reached 560 in 2022
Tuesday, January 30, 2024
In 2022, the average number of passenger ...
Road tractors increased by 45.2% from 2012 to 2022
Tuesday, January 30, 2024
In 2022, the average number of road tractors (to which semi-trailers are attached) per 1 000 inhabitants in the EU was 4.8, which was an increase of 45.2% from 2012 to 2022 (from 3.3 to 4.8), reflecting a high growth of freight road transportation. When looking at the number of road tractors per 1 000 inhabitants, the Baltic and some central and eastern EU members dominated in 2022. The ...
EY Study: A quarter of consumers intend to buy vehicles online
Tuesday, January 30, 2024
A quarter of buyers (25%) intend to puchase cars online in the future, on the rise from 18% in 2021, according to a survey released on last Wednesday.According to the study Mobility Consumer Index, made by EY, the share of people who want to buy a car directly from dealers I still high (61%, against 54% as recorded three years ago.) 14% of respondents were undecided on making a purchase from adealer or ...
More than 42,000 electric cars registered in Romania
Tuesday, January 30, 2024
More than 42,000 electric cars have been registered so far in Romania, of which about 16,800 in 2023 alone, 35% more than in 2022, according to an expert analysis published last Thursday.According to the index by one of the most important players in local electric mobility, there were about 5,000 charging stations for electrified vehicles available nationwide at the end of last year.The best month of the previous year for ...
Real Estate: In 2024, Deloitte predicts real estate companies will face financial challenges due to cyber risks, regulations, and interest rates
Tuesday, January 30, 2024
Financial results of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by cyber risks, climate-related regulatory actions and rising interest rates, according to Deloitte 2024 ...
Tourism: First Handwritten hotel to be open in Bucharest in 2025
Tuesday, January 30, 2024
Accor’s one-year-old brand Handwritten announced its first property in Romania. The leading hospitality group partnered with local company Tecadra Hotels SRL to extend the existing Tecadra Hotel and turn it into Tecadra Bucharest Handwritten Collection, set to welcome its first guests in September 2025. The existing 4-star property is undergoing a complete makeover of the façade, internal ...
Agriculture : The latest Wine Map of Romania featuring over 230 wineries
Tuesday, January 30, 2024
CrameRomania.ro, the first bilingual online database of Romanian wineries, a project supporting Romanian wine and wine tourism, has launched the seventh updated edition of the Wine Map of Romania, a handy and useful tool for all those who want to discover Romania as a wine destination. The Wine Map of Romania project aims to identify distinct areas in Romania, the main wine categories, the geography of the country, and ...
Infrastructure: Study: Modernization of maritime infrastructure vital for Constanta and Galati harbours
Tuesday, January 30, 2024
Constanta and Galati harbours can become important hubs and transit platforms, with major role in the trans-European transport network (TEN-T), by attracting new commercial flows through investments in modernization and digitization, according to a study made by the Naval Supervision Council (CSDN) within the Competition Council. According to this source, CSDN analysed in the study, 44 relevant ...
Number of passengers who chose railway transport grew by 7.9% in the first 9 months of 2023
Tuesday, January 30, 2024
Railway passenger transport recorded, in the first 9 months of 2023, a 7.9% increase in the number of passengers and a 7.4% of their roadmap, compared to the same period of 2022, according to data centralized by the National Statistic Institute. In the period of time analysed, road passenger transport represented 75.3% ot total, being followed by railway transport ...
5% more passengers transported by CFR Calatori in 2023
Tuesday, January 30, 2024
The number of passengers who chose railway as transport means in 2023 grew by 5% compared to the previous year, while the distance covered was by 5.8% higher, CFR Calatori announced. According to the Public Service Contract, CFR Calatori ensured the circulation of 1,110 train daily, on the average. CFR Calatori representatives say that ...
Agriculture: Cow's milk collected by processing plants in Romania, up 6.7pct in first 11 months of 2023
Tuesday, January 23, 2024
In the first 11 months of 2023, Romania's dairy processing plants collected 1.11 million tonnes of cow's milk, up 6.7% y-o-y, show data published by the National Institute of Statistics (INS).The production of butter recorded the highest increase (+1.9%), while the production of soured milk (yogurt, drinkable yogurt, buttermilk and other similar dairy products) had the highest decrease (-4.9%).The amount of raw milk imported by the ...