RSS
Economic
EUR 900 mln real estate deals in 2016
Tuesday, January 24, 2017
Romania recorded real estate deals of about EUR 900 million last year, up 35% compared to 2015, according to data published on Wednesday by the real estate consultancy group JLL. The number of deals was lower year-on-year but the average value of a transaction went up. Bucharest accounted for over 70% of the total volume of the deals, less than in 2015. This shows that the liquidity in the secondary cities improved, reports ...
Infrastructure: Number of passengers grew by 6.2% in first 9 months of 2016
Tuesday, January 24, 2017
The number of passengers transported at home and abroad registered a 6.2% increase in the first 9 months of 2016 compared to the same period of 2015, while most passengers travelled by bus locally, according to data centralized by the National Statistics Institute (INS). During the mentioned period of time, 282.6 million passengers were transported, 4.5% of whom travelled abroad (12.7 million passengers). Road transport holds the biggest share (78.4%), ...
Ryanair has cheap plane tickets from Bucharest to 7 destinations
Tuesday, January 24, 2017
Ryanair launches an offer of cheap airplane tickets from Bucharest to seven destinations over February-April. Ryanair announced record early bookings for summer 2017 and includes a new route to Palermo (3 flights a week), three new services to Berlin (12 flights a week), Bristol (two flights a week) and Timisoara (two daily flights) and several flights to Brussels, Dublin and Milan. On the overall there will be 13 routes from ...
EC backs Romania with 57 mln euro for road upgrade project
Tuesday, January 24, 2017
The European Commission (EC) said on Thursday it is providing 57 million euro ($60.7 million) to finance a road reconstruction project in northern Romania, seenews.com reads. The funds coming from the Operational Programme Transport 2007-2013 will be used to finance the reconstruction of a section of DN1C national road located between the city of Dej, in Cluj county, and Baia Mare, in Maramures county, the Commission said in a press ...
Trade: Romanian online retail booms in 2016
Tuesday, January 24, 2017
Online sales of physical products in Romania soared 30 percent year on year to over 1.8 billion euros (1.91 billion U.S. dollars) in 2016, industry data revealed on Wednesday quoted by xinhuanet.com. The sales didn't include services, bill payments, plane tickets, event tickets, hotel reservations, travel etc., according to a report released by Romania's e-commerce market authority GPeC. GPeC is the most important e-commerce ...
Agriculture: Romania tops EU honey production
Tuesday, January 24, 2017
Romania produces the most honey in the whole of the European Union, according to a new report published by the European Commission, neweurope.eu reads. The findings show that Romania produced 35,000 tonnes of honey last year and 20,000 tonnes in 2014. Spain follows with 32,300 tonnes and Hungary with 30,700 tonnes in 2015. As reported by Romania Insider online, European beekeepers received some €66.2m in EU funds in 2015. ...
Cars: New passenger car registrations in Romania rise 17% in 2016 – ACEA
Tuesday, January 24, 2017
New passenger car registrations in Romania increased 17% to 94,424 last year, exceeding the 2015 growth rate, provisional data from the European Automobile Manufacturers' Association, ACEA, indicated on Tuesday, seenews.com informs. In December alone, new car sales in the country rose 6.8% year-on-year, reaching 9,331, ACEA said in a statement. Romanian car maker Dacia's sales in the EU increased by 9.6% year-on-year, reaching ...
Dacia established new commercial record with sales of over 584,000 vehicles in 2016
Tuesday, January 24, 2017
Last year, Dacia sold 584,219 units, 6% more compared to the level reached in 2015, reaching a new commercial record. At international level, Dacia sales exceeded 545,000 units, according to data sent on Tuesday by the automobile manufacturer. Dacia maintains a leading position in the Romanian market with 38,861 vehicles sold, 5.2% more than in 2015, according to company estimates. The offer was renewed in 2016 by launching new ...
Tourism: Travel tendencies in 2017: destinations attracting Romanians most
Tuesday, January 24, 2017
More and more Romanians prefer travelling in Europe, to destinations bordering the Mediterranean Sea or the Atlantic Ocean, where local culture and experiences are familiar, and also toward Africa and Asia, for exotic, refined holidays. Specialists of the independent, free search engine for travel offers Momondo.ro analysed the Romanians’ travel preferences in 2015 and 2016 and identified the main travel tendencies to be found in 2017. Romanians ...
Agriculture: 9,926.7 tons of wine exported in the first nine months of last year
Tuesday, January 17, 2017
Romania exported in the first nine months of last year 9,926.7 tons of wine from fresh grapes, up by almost 22pct compared to the same period of the previous year when exports totaled 8,145.6 tons, according to the trade balance in agricultural products supplied by the Ministry of Agriculture and Rural Development ...
INS: investigation regarding the structure of the agricultural exploitations in Romania in 2017
Tuesday, January 17, 2017
The National Institute for Statistics (INS) will make a structural investigation in agriculture to get information about the structure of the agricultural expoitations in Romania with new periods of reference, the results being to be available and presented in December 2017. According to a press release of INS, the collection of data on the field will take place between 10 January – 10 February 2017. The objective of the ...
The quantity of cow’s milk collected by processing units in November 2016 down 0.1% from November 2015
Tuesday, January 17, 2017
- The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in November 2016 decreased by 8.8% compared to October 2016 and was ...
Cars: 300,000 second hand vehicles were registered in Romania throughout 2016
Tuesday, January 17, 2017
Around 300,000 second hand vehicles were registered in Romania throughout 2016, by approximately 19 pct higher than in 2015, when the number was of 250,662 units, shows data of the Driving Licences and Car Registrations Directorate ...
New vehicles registered in 2016 advanced to almost 17 percent
Tuesday, January 17, 2017
The number of new vehicles registered in 2016 advanced to almost 17 percent up to 94,919 units, from 81,162 units registered the previous year, according the data of the Driving Licences and Car Registrations Directorate (DRPCIV) published on Thursday. On the other hand, the number of new vehicles registered has increased in December 2016 by 8.89 ...
Trade: IN DECEMBER 2016, THE ANNUAL RATE OF CONSUMER PRICES WAS -0.5%
Tuesday, January 17, 2017
Consumer prices, as measured by the Consumer Price Index (CPI), were 0.5% lower in December 2016 than in December 2015. The annual rate of consumer prices, as measured by the Harmonised Index of Consumer Prices (HICP), was ...
Infrastructure : Freight traffic recorded in 2016 in Romanian ports of Constanta, Midia and Mangalia, higher by 5.5 percent than in 2015
Tuesday, January 17, 2017
The overall freight traffic recorded in 2016 in Romanian ports of Constanta, Midia and Mangalia stood at 59.5 million tones, higher by 5.5 percent than in 2015, a release of the National Company "Maritime Ports Administration" ...
The Sibiu international airport recorded last year a growth of passengers by 32% against 2015
Tuesday, January 17, 2017
The Sibiu international airport recorded last year a growth of the number of passengers by 32% against 2015 as it is about a number 366,065 passengers boarded and disembarked, according to a press release ‘Thus, in 2016, the Sibiu International Airport recorded a number of 366,065 passengers who were boarded and disembarked, determining a considerable growth, of approximately 32% against 2015 when there were 276,533 passengers. The total traffic ...
Agriculture: Romania in deficit in foodstuff trade
Tuesday, January 10, 2017
Romania maintained the trade deficit with foodstuff after the first three quarters of 2016, exports advancing by 2.7% compared to the same period of 2015, to 4.322 billion euros, while imports totalled 4.57 billion euros, a plus of 9.3%, according to data centralized by the Ministry of Agriculture and Rural Development (MADR). In the first 9 months of 2016, trade deficit with foodstuff amounted to 254 million euros, while in the same period of 2015 ...
Vincon: Shy brandy consumption will continue in 2017
Tuesday, January 10, 2017
For several years brandy consumption has known a shy growth tendency which will continue this year, says Luchi Georgescu, the president of Vincon Vrancea, one of the important players in the market. According to recent research, quoted by Vincon officials, in the last five years there has been a constant market increase by 5% every year. “There is still place to educate consumers and open appetite for this kind of beverage,”Georgescu ...
Cars: Automobile industry in Romania în 2016 marked by Daimler , Porsche, Continental and Bosch investments, new Ford model, Constantin Stroe’s death
Tuesday, January 10, 2017
Romanian automobile industry had in 2016 growing sales, new important foreign investments made by Daimler, Porsche, Continental and Bosch, a new Ford model officially confirmed for manufacture at Craiova, higher salaries at Dacia. On the other hand, the national automobile manufacture dropped constantly, while the father of Dacia and automobile industry in Romania, Constantin Stroe died. At the same time the environment tax was not amended until the ...