Economic
Trade : Study:Romania is second in Europe in terms of actual and expected average annual growth of sales in F&B sector
Tuesday, July 11, 2017
Romania is second in Europe, after Turkey, in terms of actual and expected average annual growth of sales in the Food & Beverage (F&B) sector, which comprises full service restaurants, quick service restaurants and food fast eateries, coffee and tea shops and ice cream vendors, according to a recent Cushman & Wakefield global F&B ...
Real estate: JLL: Developers should have commissioned over 200,000 sq.m of offices in 2017
Tuesday, July 11, 2017
Office developers should have commissioned this year ten projects with an area of 219,500 square metres, dropping by 37% compared to 2016, and most of the projects are likely to be postponed for 2018, said the general manager of the real estate consulting company JLL, Silvana Petre Badea, in an interview granted to News.ro. “This year there aren’t many projects to be commissioned. If projects are scheduled to be completed in quarter 3 or 4, ...
Housing prices go up by 7% in first 6 months of 2017, mainly in Cluj Napoca
Tuesday, July 11, 2017
The price of housing in Cluj Napoca has registered the highest increase of 10%, at national level, in the first 6 months of the year, while the lowest, of 5.4% was in Bucharest, according to Imobiliare.ro index. After an advance of 0.5% in June, the average price for available apartments for sale at national level (new and old) grew up by 6.7% in the first half of the year, reaching 1,120 euros per square metre (compared to 1,050 euros/sq.m at ...
GTC pays 9 mln euro for office building in Romania
Tuesday, July 11, 2017
Polish real estate developer Global Trade Center (GTC) has paid 9 million euro ($10.2 million euro) to Romanian real estate management company Adval Asset Management for an office building in Bucharest, seenews.com informs. Cascade Office Building is a class A office building with a total area of 4.300 sq m which was developed in 2004 by Dutch investment fund PeliFilip, the law firm which intermediated the transaction said in a press release on ...
Forte Partners invests EUR 37 million in Aviatiei Park project
Tuesday, July 11, 2017
Forte Partners, known as a developer of class A residential properties, is investing EUR 37 million in a new residential project developed underForte Partners Residential, business-review.eu reads. Aviatiei Park will include 352 units and is located in the nothern area of the city, in the Aviatiei neighbourhood. This is the fourth residential project developed by the new ...
Healthcare: Over 14,000 physicians, 28,000 nurses left Romania in 2009-2015
Tuesday, July 11, 2017
More than 14,000 physicians and 28,000 medical nurses have left Romania in 2009-2015, many of whom ending by working in different fields, said Viorel Husanu, president of the SANITAS Bucharest trade union, in an interview with Agerpres. In his opinion, the main problems the medical system is confronted with start with the excessive politicising. It came to even hire a section's head or a head nurse on political terms. Once the government is changed, ...
Tourism : Jan.- May arrivals at tourist accommodation establishments up by almost 11 pct YoY
Tuesday, July 4, 2017
January - May 2017 arrivals at Romania's tourist accommodation establishment were almost 11 pct higher YoY, going past 3.84 million, while overnight stays in the same period went up 5.4 pct to 7.38 million, the National Institute of Statistics (INS) announced on Monday. Arrivals at hospitality facilities over Jan. 1 — May 31, 2017 totaled 3.848 ...
Telecom.IT : Digi Mobil: Users’ number at 3.3 mln in Q1, 4G traffic holds 50 pct share
Tuesday, July 4, 2017
Telecom company Digi Mobil registered an increase in the number of users in the first quarter of this year, reaching 3.3 million, and the 4G traffic accounted for 50 percent of the overall traffic, business-review.eu reads. The company will focus on the expansion of 4G network to cover the tunnels of Bucharest’s subway until September. In April, the company announced that it reached over 2 million subscribers, individuals, ...
Average speed of download for fixed internet data up by 70 pct in Romania
Tuesday, July 4, 2017
The average speed of download fixed internet data went up by 70 percent, so that Romanians had 95 Mbps download data speeds for fixed internet, respectively 26 Mbps for mobile data downloads in 2016, according to the statistics of Netograf.ro, the application of telecom regulator ANCOM for internet quality test service, quoted by business-review.eu. Netograf.ro’s statistics show that the average speed of download for fixed internet connections at ...
Infrastructure : Iohannis asks the Parliament for the reexamination of ports’ draft bill
Tuesday, July 4, 2017
President Klauss Iohannis asks the Parliament for the reexamination of ports law that changes the provisions on ports’ administration and the manner in which the concessions are closed, saying that the measures are unclear and non-constitutional and they are an advantage for the ports’ operators, while hitting the ports’ administrators, business-review.eu informs. The law was previously declared non-constitutional and re-voted within ...
Port of Constanta joins Trans-Caspian route
Tuesday, July 4, 2017
Romanian Port of Constanta became an official participant of Trans-Caspian international transport route, reports UkrAgroConsult. Due to participation in the project, the port of Constanta will be able to attract more cargo from China, India and Iran towards ...
TAP Portugal resumes flights on the Lisbon-Bucharest route
Tuesday, July 4, 2017
As of this Sunday, July 2, Portuguese airline TAP Portugal is coming back on Henri Coanda International Airport (Otopeni ) and resumes the flights on the Lisbon-Bucharest route and return, the company announced quoted by romaniajournal.ro. TAP Portugal estimates that by the end of the year it will carry 35,000 passengers between Bucharest and Lisbon. On this occasion, the company launched a promotional offer so that the prices ...
Trade: Romania on 20th place in A.T. Kearney’s 2017 Global Retail Development Index Rankings
Tuesday, July 4, 2017
Romania is on 20th place in A.T. Kearney’s 2017 Global Retail Development Index Rankings. According to the newest edition of the index, India is the top developing country for retail investment, business-review.eu informs. India’s strong GDP growth and growing middle class coupled with a more favorable regulatory environment over the past few years have played significant roles in attaining this ranking. The ...
eCommerce in Romania registered the largest growth in Europe last year
Tuesday, July 4, 2017
In 2016, Romanian eCommerce recorded the highest growth in Europe, of 38 percent, more than twice the European average, of 15 percent, the Romanian Association of Online Stores (ARMO) announced, quoting the results of the eCommerce Europe report, recently published, romaniajournal.ro informs. Romania is among the countries with the lowest share of people who shop online, the study shows, however, ARMO estimates that this year’s online trade in ...
Real Estate: Globalworth pays 38 mln euro for Romanian office building
Tuesday, July 4, 2017
London-listed Globalworth Real Estate Investment, a company targeting opportunities in Romania, said on Friday it has paid 38 million euro (43.3 million) for the third building in Green Court Bucharest Campus, becoming its sole owner, seenews.com reads. The acquisition is expected to close in the third quarter of 2017, Globalworth said in a press release. Located to the north of Bucharest, the Green Court Bucharest campus is the ...
Healthcare: Romania pushes for better access to personalised medicine
Tuesday, July 4, 2017
The Brussels-based European Alliance for Personalised Medicine (EAPM) Tuesday (27 June) held a meeting in Bucharest aimed at increasing access to personalised medicine for Romanian citizens, writes EAPM Executive Director Denis Horgan for eureporter.co. It was part of EAPM’s ongoing ‘SMART Outreach’ programme and was attended by high-level stakeholders, the including state secretary at the ministry of health of Romania, Corina ...
The dental medical services market in Romania reached RON 1 bn
Tuesday, July 4, 2017
Romanian dental services market has reached RON 1 billion, up by 36 percent than in 2015, while the profits of the companies operating in the field amounted to RON 170 million, Creditinfo Romania study reveals quoted by romaniajournal.ro. Almost 1,000 new firms have opened clinics and dental surgeries only in 2016 On the other hand, most Romanians do not go to the dentist for years, they prefer to remain teethless, they use on average a little more ...
Statistics: În 2016, 345 inhabitants1 per doctor
Tuesday, July 4, 2017
-over 60 thousand healthcare units were in operation -there were, on average, 345 inhabitants1 per doctor There were over 60,000 healthcare facilities operating in Romania in 2016, the ...
Survey: Three out of five Romanians have sought in 2016 private medical services
Tuesday, July 4, 2017
Three out of five Romanians (61 percent) have sought in the past year private medical services for lab medical analyzes, while public services were mainly used for hospitalizations (39 percent) and surgical interventions (25 percent), shows a specialist survey released on Monday. According to the cited source, seven out of ten Romanians from the urban area use online technology for health-related activities, with most of them (58 percent) claiming that thus ...
Cars: Used car registrations reached 214,318 units in the first five months of 2017
Tuesday, July 4, 2017
Used car registrations in Romania in the first five months of 2017 reached 214,318 units, increasing 92.06 percent from the same period of 2016, when a number of 111,590 vehicles were registered, as reveals the statistics of the Driving Licence and Car Registrations Directorate ...