Economic
Infrastructure : Turkish Airlines launches new route from Romania's Cluj to Istanbul on Sep 1
Tuesday, August 30, 2016
Turkey's flag carrier Turkish Airlines said on Thursday it is launching a new route from Romania's northwestern city of Cluj to Istanbul in Turkey as of September 1, seenews.com reports. Initially, the carrier announces that it will start operating the new route at the end of July, but because of the military coup attempt in the country on July 15 the decision was postponed. The flight will run four times a week, Turkish ...
Telecom. IT : 80% of UPC Romania's internet subs use Wi-Fi at home
Tuesday, August 30, 2016
Almost 80 percent of UPC Romania's subscribers currently use wireless connections to the internet at home, writes local paper Ziarul Financiar citing UPC representatives, telecompaper.com reports. Some 100,000 customers opted to purchase UPC's recently launched wireless router ...
Romania's computer, electronics and optical products' exports reach EUR 1.01 bln on four months
Tuesday, August 30, 2016
Romania's exports of computers, electronic and optical devices in the first four months of 2016 amounted to 1.016 billion euros, up 8.8 percent from the first four months of 2015, according to data with the National Institute of Statistics (INS). Romania's imports of computers, electronic and optical devices also increased over January-April 2016 by 6.1 percent, to 1.837 billion euros. As many as 31,000 people were employed in Romania in the ...
Telecom Minister: Cyber attacks increasing in number, could affect essential services
Tuesday, August 30, 2016
Romania is in the process of consolidating its resources in order to prevent, detect and manage cyber attacks, as their number is rapidly growing and could affect vital services for society, the Romanian Minister for Communications and Information Society Delia Popescu said during "Digitization - The Future of Europe" conference, organized by the The Ministry of Communications and Information ...
Tourism : Romanian tourists prefer the Greek islands
Tuesday, August 30, 2016
Three in five Romanian tourists who spend their summer holidays abroad chose the Greek islands for their destination, with the assigned budget standing at 600 euros per person, shows a specialist ...
Analysis: Amsterdam, Athens and Barcelona, the most wanted in August by the Romanian tourists
Tuesday, August 30, 2016
Romanians have picked European destinations for their summer holiday, most of them traveling in July, according to an analysis carried by an online tour operator - tripsta - and sent on ...
Agriculture : Romania is the main sheep exporter in Jordan, says minister Irimescu
Tuesday, August 30, 2016
Romania has evolved very well in the last years in sheep herding sector, and the meat and milk from these animals are in high demand in Arab countries, said the minister of Agriculture, Achim Irimescu during the visit of his counterpart from Jordan, Rida Shilbli, business-review.eu informs. According to a release of the ministry, Romania is the main exporter of sheep in Jordan, while Jordan exports vegetables and fruits on the Romanian market and is ...
Trade: Romanians prefer expensive phones
Tuesday, August 30, 2016
Premium phone sales, whose prices exceed 400 euros, generated about 30% of local market value for smart phones in the first 6 months of the year, amounting to 300 million euros. Premium smart phone sales reached about 90 million euros in the first semester of the year, 40% more than in the same period of 2015, according to Samsung Romania estimates. Samsung Romania officials estimate that premium smart phone sales will continue ...
Shopping City Timisoara to host the first Peek&Cloppenburg store in western Romania
Tuesday, August 30, 2016
Shopping City Timisoara will launch soon the first Peek&Cloppenburg store in western Romania, but also other international brands, such as Reserved, House, Cropp and Sinsay,business-review.eu informs. Peek& Cloppenburg has 68 stores in the origin country, Germany, and in other 50 stores in Austria and Central and Eastern Europe, and is preparing to open the fifth store in Romania, in Shopping City Timisoara, having a total surface of 4,000 ...
Seafood market amounted last year at around 35 million euro
Tuesday, August 30, 2016
The domestic seafood market amounted last year at around 35 million euro, and in 2016 it could be higher by 5pct, respectively at about 36.7 million euro, according to a specialized research sent on Tuesday. So, shrimps look like leading both the sales' amount as well as in the value. "Shrimps ranked first in the seafood sales amount in 2015, by 30.9pct, followed by shells (16.4pct), squid (13.8pct) and octopus (8.8pct). The classification is ...
Healthcare: Family spent little over 58 lei monthly for medicines in 2015
Tuesday, August 30, 2016
A family spent on the average 60.58 lei monthly for medical products, devices and medicines in 2015, according to the National Statistics Institute (INS). The largest amount was spent for medicines - 58.22 lei and the rest for therapeutic devices and medical equipment. Pensioner families spent the largest amount - 93.96 lei, of which 91.19 lei for medicines. “Overall expenses made by families were an average of 2,351.5 lei ...
Romanian doctors want to work in Bucharest or leave abroad, says hospital manager
Tuesday, August 30, 2016
According to hospital manager Elena Dinu, many Romanian doctors choose either to work in Bucharest or leave to other countries, writes Mediafax newswire quoted by business-review.eu. Giurgiu and Ialomita have the least number of employees in the medical system, with a little over 2,000 people working in the hospitals (doctors, nurses, auxiliary staff), according to the data from the National Statistics Institute. “At the county ...
Telecom. IT: Romania among the countries affected by a new wave of cyber attacks in industry
Tuesday, August 23, 2016
Romania is among the countries affected by a new wave of cyber attacks against the industrial domain, a press release of Kaspersky Lab says. „ ‘Using emails of phising and malware programmes based on a commercial espionage kit, the group looks for valuable business information, stocked in the ...
Agriculture : The deficit of the trade balance with food is near 600 million euro, at five months
Tuesday, August 23, 2016
The deficit of the trade balance with food deepened at 569.6 million euro in the first five months in 2016 as the exports reduced by 6.6% and the increase of the imports by 13% according to the data offered by the ministry of agriculture and rural development (MADR) In the first five months of ...
Romania's wheat crop rises 7% in 2016
Tuesday, August 23, 2016
Romania harvested nearly 8.41 million tonnes of wheat in 2016, up 7% on the year, posting a 10-year high output of 4 tonnes per hectare, agriculture minister Achim Irimescu told local media on Sunday, seenews.com reports. In 2016, Romania put under wheat 2.075 million hectares, versus 2.04 million hectares a year ...
Real Estate: Arcadia Engineering begins work on ‘The Bridge’ in Romania
Tuesday, August 23, 2016
Arcadia Engineering, which is partially owned by the Dubai-based KBW Investments, has commenced work on a business park development called The Bridge in Bucharest, Romania, ...
AFI Europe Romania looking to sell three office buildings in Bucharest for EUR 92.7 mln
Tuesday, August 23, 2016
Real estate developer AFI Europe Romania has signed in June a letter of intent for the sale of three office buildings that it owns in Bucharest, business-review.eu reports. According to a company report, AFI wants ...
CBRE: Real estate investment volume more than doubles in H1 in Romania
Tuesday, August 23, 2016
Real estate investment volumes increased by 107 percent in Romania in H1 2016 compared to H2 2015, totaling EUR 359 million, according to a CBRE report quoted by business-review.eu. This is one of the highest levels reported over the past five years, according to report. Foreign real estate companies such as GTC and ...
Cars: APIA:Romania's automotive output decreased in the first seven months of this year by 8.2 percent
Tuesday, August 23, 2016
Romania's automotive output decreased in the first seven months of this year by 8.2 percent to 231,206 units compared with the similar period of 2015, reads a release of the Association of Automotive Manufacturers and Importers (APIA) sent on ...
Romania’s auto market up by 14.8 percent in the first 7 months
Tuesday, August 23, 2016
Romania’s cars’ market went up by 14.8 percent in the first 7 months of this year compared with the same period of 2015, to 75,869 units, says a press release of the Producers’ and Cars Importers’ Association (APIA) quoted by ...