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Allview takes back 2nd spot in Romania smartphone market
Tuesday, October 4, 2016
Romanian smartphone maker Allview claims it took back the second spot in the local smartphone classification in terms of shipped units from Huawei, writes local paper Ziarul Financiar citing Allview's trade marketing manager Valentin Stoenescu, telecompaper.com informs. Samsung is dominating the local smartphone territory with a market share of approximately 40 percent. Huawei has so far succeeded several times to bump Allview to the third spot in the ...
Telecom players in Romania say 5G implementation by 2020 to be impacted by IoT
Tuesday, October 4, 2016
The main telecom players on the Romanian market say that the preparations for implementing the 5G technology by 2020, could accommodate the growing market for the Internet of Things (IoT) and provide a boost for self-driving cars, for instance, business-review.eu reads. 5G brings two main ingredients – speed and very small delays, said Catalin Buliga, chief technology officer of Vodafone Romania, during the ...
Healthcare:WB: By 2050, drug-resistant infections could cause global economic damage on par with 2008 financial crisis
Tuesday, September 27, 2016
* New research from World Bank shows that antimicrobial resistance would increase poverty and affect poorest countries the most Drug-resistant infections have the potential to cause a level of economic damage similar to—and likely worse than—that caused by the 2008 financial crisis, according to a new report by the World Bank Group entitled ...
Romania represents 10% of private health market in Central Europe
Tuesday, September 27, 2016
Romania represents only 10% of the private health market in Central Europe, a sector which the market research company PMR estimates at 21 billion euros, but will have the most rapid growth rate in the area and will exceed the Czech Republic until 2021. Romania and Bulgaria are the states which, according to the PMR analysis will have and increase of private medical service use in the next 6 years, while Poland will continue progress in this field ...
Health Minister: I am not delaying measure to cut drugs prices
Tuesday, September 27, 2016
Health Minister Vlad Voiculescu has rejected accusations bySocial Democratic Party (PSD) chair Liviu Dragnea, which he dismissed as “lies”, business-review.eu reads. The PSD leader accused the Health Minister that he is postponing a decision that would lead to a cut in drug costs. Speaking before Parliament on Monday, Dragnea argued thatVoiculescu was failing to adopt a measure ...
Pharma players in Romania call for elimination of clawback tax
Tuesday, September 27, 2016
The Romanian Association of International Drugs Producers (ARPIM) and the Association of Generic Drugs Producers from Romania (APMGR) have asked the Government to take into consideration the clawback tax elimination, at the same time with a predictable prices policy, business-review.eu reports. The companies say these measures could stop the drugs’ disappearance from the ...
Telecom : Orange Romania backs school digitisation with EUR 0.35 mln
Tuesday, September 27, 2016
Orange Romania will allocate EUR 0.35 million over a year for a pilot project whose aim is the digitisation of the process of education in 10 schools from villages in several counties in Romania, writes local paper Ziarul Financiar quoted by telecompaper.com. Besides the provision of tablets, video-projectors and laptops, the project involves the development of a free online platform that comprises lesson plans and other digital resources as well as an ...
Infrastructure: Romania, 10th in Europe for cheapest plane tickets
Tuesday, September 27, 2016
The price of an airplane ticket in Romania is an average 12 US dollars for every 100 km, two times more than in Portugal, but half the cost of tickets in Belgium or Denmark, according to a study made by online travel agency Kiwi.com from Czech Republic. According to data, the average price of low cost domestic flight is 6.89 dollars/100 km in Romania, while it is 37 dollars/100 km on the overall market. For international flights, the average is 1.69 ...
Blue Air launches Bucharest- Tel Aviv flights
Tuesday, September 27, 2016
Blue Air extends its operations by opening the route Bucharest- Tel Aviv. Flights are operated three times a week, on Monday, Thursday and Sunday, starting January 12, 2017. “Once flights to Tel Aviv are launched, Blue Air enters a new, well known market. The new route will bring Bucharest closer to the sacred places of Christianity and at the same time to a modern city. The timetable was studied to answer needs of businessmen, weekend tourists ...
Ryanair to launch routes to Spain, Italy from Romania's Oradea in March 2017
Tuesday, September 27, 2016
Irish low-cost air carrier Ryanair said on Tuesday it will launch two new routes from Romania's northeastern city of Oradea to Spain's Barcelona and Italy's Milan as of March 2017, seenews.com reads. The airline will operate eight flights per week on the routes, it said in a statement. The new routes are expected to bring over 60,000 passengers on Oradea's Airport, the company added. In August, ...
Blue Air to launch four new intl routes from Bucharest, Iasi in June 2017
Tuesday, September 27, 2016
Romanian carrier Blue Air said on Thursday it will launch new routes from Bucharest to Bordeaux in France and to the Danish capital Copenhagen, and from Iasi in eastern Romania to the German capital Berlin and to Valencia in Spain starting June 2017, seenews.com reports. The air carrier will fly on Wednesdays and Saturdays from Bucharest to Bordeaux and on Mondays, Wednesdays and Fridays to Copenhagen. From Iasi to Berlin, ...
Real Estate: Investments in real estate have grown by over 6pct January through August
Tuesday, September 27, 2016
The investments volume in real estate in Romania have grown by over 6pct January through August, to rd 400 million Euros, but by the end of the year they won't exceed the value they reached in 2015, which is 700 million Euros, respectively, said the Jones Lang LaSalle (JLL) real estate company director , Silviana ...
Demand for office space in Bucharest up by 45 pct by year end
Tuesday, September 27, 2016
Net demand for office space in Bucharest – meaning new space being leased by existing or new tenants – will total some 160,000 sqm by the end of the year, up by 40 percent against 2015, according to data from real estate consultancy JLL Romania quoted by business-review.eu. Gross demand, which also comprises renegotiations of existing leases, is forecast to reach 320,000 sqm, up by 30 percent y-o-y. The growth is significant, says Marius ...
CTP investments at over EUR 250 mln in Romania
Tuesday, September 27, 2016
CTP’s portfolio of A-class industrial properties exceeds 500,000 square meters in Romania and the company is planning to extend the portfolio to 1 million sqm by 2018. CTP has made local investments worth over EUR 250 million, business-review.eu reads. Currently, CTP is developing various projects across the country and at the same time, projects in Timisoara and Arad are being leased. “CTP has recently handed ...
Tourism: About 70% of firms active in Romanian tourism have financial difficulties
Tuesday, September 27, 2016
Most companies in the field of tourism (68.6%) have financial difficulties, while total debts of some companies grew by over 30%, from 1.82 million lei in 2014 to 2.41 million lei in 2015, according to a specialised analysis made by Keysfin, released on Thursday. According to the source, 1,938 out of 2,825 firms active in the field of tourism (68.6%) register financial difficulties. 1,088 companies have negative capital (39%), 850 have a high debt ...
Cars: Second hand automobile registrations grew to 192,550 units in August
Tuesday, September 27, 2016
The number of second hand cars registered in Romania exceeded 192,500 units in the first 8 months of the year, which means an increase of 22.73%, compared to January-August 2015 period, according to statistics of DRPCIV. 31,465 second hand cars were registered in August, 45.05% more than in the same period of 2015, when there were 21,693 units. At national level most of the 192,551 ...
Tourism : In Semester I 2016, the non-resident tourists arrived in Romania spent on average 2527.5 lei/person
Tuesday, September 20, 2016
In Quarter II 2016, the total number of non-residents in collective tourist accommodation *) was 678.7 thousand and their expenditure amounted per total 1650.2 million lei. In Semester I 2016, the number of non-residents in collective tourist accommodation was 1092.6 thousand and their expenditure amounted per total 2761.6 million lei. Over 1.09 million nonresident tourists arrived to the ...
Number of tourists on Romanian seacoast goes up 12-15pct in 2016; best season in past 6 years
Tuesday, September 20, 2016
The number of tourists on the Romanian Black Sea coast increased 12 - 15 percent in 2016, this being the best summer season over the past six years, according to the representatives of the Seaside Danube Delta Association (ALDD). "At the end of the 2016 summer season, we estimated an advance ranging between 12 and 15 percent of the number of tourists at the Romanian seaside, from the estimates received from the ANAT [National Association of Travel ...
Cars: In July 2016, the turnover of the trade with motor vehicles increased by16.3% compared to July 2015
Tuesday, September 20, 2016
Compared to the previous month, in July 2016, the turnover of the trade with motor vehicles and motorcycles decreased as gross series by 3.2% and as adjusted series according to the number of working days and to seasonality increased by 1.4%. The turnover of the market services provided to the population increased compared to the previous month both as gross series by 7.2% and as adjusted series according to the number of working days and to seasonality by ...
Auto market in Romania goes up almost 70pct in August, highest advance in Europe
Tuesday, September 20, 2016
New Dacia car registrations in Europe recorded a 39 percent advance in August 2016 compared with August 2015, being the highest growth registered by an automobile manufacturer, reveal the data the European Automobile Manufacturers Association (ACEA) released on Thursday. Moreover, ACEA informs that the auto market in Romania increased 68.6 percent in August, having registered the highest percentage growth in Europe, with 12,411 new cars registered ...