Economic
Real estate: 703,500 real estate transactions recorded in January-September 2016
Tuesday, November 1, 2016
Over 703,500 real estate transactions were recorded at national level January-September 2016, 56,000 more than in the same period of 2015, with most of them being conducted in Bucharest, Ilfov and Timis, reveal data released on Monday by the National Agency for Cadastre and Real Estate Advertising (ANCPI). According to statistics, in the first nine months of 2016 the number of real estate transactions reached 703,509, while in September as many as 85,838 ...
Tourism: ANT will authorised 12 travel resorts including Borsec, Banffy Spas, Negresti Oas and Baia de Fier
Tuesday, November 1, 2016
National Authority for Tourism, ANT, will authorise 12 new resorts, a press release of the institution shows. After analysing documents presented by administrative territorial units, but after field visits, Sucevita (Suceva county), Pojorata commune (Suceava), Banffy Spa, Toplita (Harghita) will receive the status of resort. Borsec (Harghita), Negresti Oas (Satu Mare), Ocna Dej Spa (Cluj), Sangiogiu de Mures (Mures) Colibita (Bistrita ...
Romania's travel industry is facing acute staff shortages
Tuesday, November 1, 2016
Romania's travel industry has been facing acute staff shortages, with hotels operating at a workforce capacity of just 70 percent of the staff, amidst obsolete and unionised labour legislation, according to an analysis by the Travel, Hotels and Restaurants Sectorial Committee (CSTHR) released on ...
Cars: Transactions with second-hand cars increased 10 percent in the first three quarters of 2016
Tuesday, November 1, 2016
The number of domestic transactions with second-hand cars increased 10 percent in the first three quarters of the year to 24,200 units from the similar interval of 2015, shows data released on Wednesday by Romania's most important online car sales platform ...
Healthcare: Vlad Voiculescu: We have 88 villages without access to medical services
Tuesday, October 25, 2016
There are no medical services in 88 villages in Romania and there is huge difference between counties for the density of physicians, said health minister Vlad Voiculescu at the 6th Congress of the Health Solidarity Federation. He pointed out that the number of physicians reported to that of Romania’s inhabitants is lower than the European one although Romanian universities report more graduates every year. “We see ...
European justice decides establishing prices for medicines is illegal
Tuesday, October 25, 2016
The German system establishing a price for prescription medicines infringes community law, the EU Court of Justice decided on Wednesday, DPA informs. Patients included in the health insurance system in Germany must pay a part of the price of medicines from their own pockets. On the other hand, a non governmental organization united forces with a Dutch pharmaceutical company which delivers medicines by mail to offer German patients medicines at lower ...
Malta tops EU obesity rankings, Romania thinnest
Tuesday, October 25, 2016
Malta has the highest proportion of obese adults in Europe, according to EU figures released on Thursday (Oct 20), while Romania is the least obese, AFP informs quoted by straitstimes.com. In total, just under a sixth of adults living in the European Union are obese - 15.9 per cent, according to the Eurostat statistics agency, which said the figure goes up amongst older and less educated Europeans. Counting 26 per cent of its ...
Cars: 700 electric and hybrid motor vehicles were traded in Romania in the first nine months of 2016
Tuesday, October 25, 2016
Nearly 700 electric and hybrid motor vehicles were traded in Romania in the first nine months of 2016, up 108.1 percent from 333 in the same period one year before, according to data released by the Association of Romania's Automobile Makers and Importers (APIA). APIA statistics indicate that January-September, 2016, sales were up 88.7 percent y-o-y, to 78 units, while the increase in the sales of electric cars was 129.4 percent, to 615 ...
Romania's 9-mo new commercial vehicle registrations rise 25.1% - ACEA
Tuesday, October 25, 2016
Registrations of new commercial vehicles in Romania surged by an annual 25.1% to 17,025 in the first nine months of the year, data from the European Automobile Manufacturers' Association, ACEA, indicated on Friday, seenews.com reports. In September alone, new commercial vehicle registrations in Romania rose 8.3% on the year to 2,172 vehicles, ACEA said in a statement, citing provisional data. Registrations of new ...
New vehicles sales have recorded a 18.6pct leap in January - September 2016
Tuesday, October 25, 2016
The new vehicles sales have recorded a 18.6pct leap in January - September 2016, to 101,468 units, while the national manufacturing diminished by 8.7pct to 272,396 units, a release by the Car Makers and Importers' Association (APIA) ...
Tourism : Over 70 pct of Romania's hotels included in 2- and 3-star rating bracket
Tuesday, October 25, 2016
More than 70 percent of all Romania hotels were rated 2 and 3 stars as of July 31, 2016, while the number of 5-star facilities was 35, up by one unit compared to the same date in 2015, the National Institute of Statistics (INS) informed on Thursday. "Of the total hotel capacity, three-star hotels account for 40.1 percent, two-star hotels account for 30.3 percent, four-star hotels for 22.5 percent, five-star hotels for 4.3 percent and hotels rated one ...
Telecom. IT : ANCOM report: Romanians spoke for 36 billion minutes on cell phones in semester I, 2016
Tuesday, October 25, 2016
Romanians spoke for about 36 billion minutes on their cell phones in the first semester of 2016, on the rise by 4% against the same period of 2015, although the number of active mobile phone users in Romania remained the same as in 2015 - 22.6 million users, according to the latest statistics published by the National Authority for Administration and Rule in Communications (ANCOM), released on Tuesday. On the average, a Romanian user speaks for 4 hours ...
Romania's fixed broadband connections up 5% to 4.3 mln in H1
Tuesday, October 25, 2016
Broadband fixed connections in Romania rose by 5 percent y-on-y to 4.3 million connections in H1, according to a report by quoted by telecompaper.com. Among these, more than a half (56 percent) have speeds of at least 100Mbps, 31 percent of between 10Mbps and 100Mbps, and only 13 percent enable speeds of 10Mbps or below. With an average maximum internet access speed of 84.2 Mbps over fixed internet access connections, Romania ranks first in Europe, according to the Akamai ...
Over 3.3 ml phone numbers ported since service rolled out in 2008
Tuesday, October 25, 2016
More than 3.3 million phone numbers switched to a different provider in the past eight years, president of the National Communications Administration and Regulation Authority (ANCOM) Catalin Marinescu said in a release on Thursday. "The users could benefit from the best offers tailored to their needs while also having at their disposal a tool for ...
Agriculture : Romania's 2016 flatfish quota stayed at 43.2 tonnes
Tuesday, October 25, 2016
Aquaculture has earmarked more than half of the European funds under the 2014-2020 operational programme maritime affairs and fisheries, Chairman of Romania's National Fisheries and Aquaculture Agency (ANPA) Nicolae Dimulescu said Monday. "There are sizeable funds for fisheries and aquaculture for the period immediately ahead, some 209 million euros that include Romania's contribution, half of which is earmarked for aquaculture. We want to develop mariculture ...
Romania to post world's highest wine production growth in 2016 - OIV
Tuesday, October 25, 2016
As worldwide wine production is projected to fall by 5% in 2016, Romania's wine production is estimated to increase by 37% this year, the world's highest growth, the International Organization of Vine and Wine (OIV) said on Thursday, quoted by seenews.com. Following two poor harvests in 2014 and 2015, Romania's wine production is seen reaching 4.9 million hectolitres (mhl). According to OIV's estimates, Romania produced 3.7 mhl in 2014 and 3.5 mhl in ...
In July 2016 wheat exports were 140% higher than last year
Tuesday, October 25, 2016
New wheat export season started better for Romania than the previous 2015/16, informs UkrAgroConsult quoted by blackseagrain.net. Over the first month of 2016/17 Romania exported second largest volume of wheat for the ...
Infrastructure: Bucharest airports in European top 5 for traffic growth
Tuesday, October 25, 2016
The two Bucharest airports, Henri Coanda and Aurel Vlaicu, were included by Airports Council International- Europe, in European top 5 of airports with biggest air traffic increase in August 2016, according to Bucharest Airports National Company (CNAB). “For the airport category with 5-10 million passengers a year, Henri Coanda Airport, with 17% air traffic increase, ranked 4th, after Berlin Schoenefeld, Larnaca and Tenerife ...
Real estate: Construction market to face crisis if banks limit access to credits (study)
Tuesday, October 25, 2016
The construction market in Romania will be faced with a crisis similar to that of 2011-2013, in case banks continue to limit the Romanians’ access to credits, KeysFin analysts warn in a study on the situation of the construction market in Romania. “Effects will be seen at general level in economy, because the construction sector deals with a significant number of other businesses. 3,146 companies in the field of constructions were declared ...
British Romanian Partnership to invest 10 mln euro in Bucharest residential complex
Tuesday, October 25, 2016
British Romanian Investment Partnership (BRIP) company, part of UK investment fund ARDC, said on Monday it will invest 10 million euro ($11.9 million) in its second residential project in Bucharest, seenews.com informs. The compound, New Residence Bucharest, will be based in the Romanian capital city's District 6 and will comprise 216 apartments. The residential complex will also have a private park, social club, parking space, 14 stores, one ...