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Economic

Trade: Fridge ownership in Romania decreased in 2015 to 53.6 per 100 households

Tuesday, August 23, 2016

Fridge ownership in Romania decreased in 2015 to 53.6 per 100 households from 55.5 in 2014, the National Institute of Statistics (INS) told AGERPRES in an exclusive reply. Ownership of freezers dropped from 21.5 per 100 households in 2014 to ...

Production of mineral water will increase next year by 4.3%; the domestic consumption will be reduced by 0.85%

Tuesday, August 23, 2016

The production of mineral water from sources managed by the National Society of Mineral Waters will increase next year by 4.3% at 10.95 million hectolitres, while the domestic consumption will be slightly reduced by 0.85% at 468,000 hectolitres, according to the estimates from the SNAM strategy. For this year, the ...

Romania telecom goods market grows 19% in Q2

Tuesday, August 23, 2016

The durable goods market in Romania increased by 15.5 percent year-on-year to EUR 529 million in the second quarter, according to GfK quoted by telecompaper.com. Four of the seven sectors surveyed showed double-digit growth rates: electronics, major appliances, small home appliances and telecom, while the photo sector had the largest ...

Tourism : Romania’s most searched beaches and swimming pools

Tuesday, August 23, 2016

The last events from Turkey and some European cities made Romanians think about domestic holidays, whether on the Romanian sea, Transylvania, Bucovina and Maramures or the mountains, business-review.eu reads. The online reservations portal HotelGuru.ro registered this year a growth in the number of accommodation ...

Infrastructure: Romania to have 1,000 km of motorways in operation by 2018

Tuesday, August 16, 2016

The head of the National Company for Motorways and National Roads in Romania (CNADNR), Catalin Homor, says that the country will have roughly 1,000 km of motorways in operation in the first half of 2018, as a lot of the current building projects have been stopped as they lack of the construction permits, business-review.eu reports. “It was a hard year for us, in which we have been able to unlock up to 90 percent of them, and no matter what ...

Qatar Airways doubles flights from Bucharest to Doha

Tuesday, August 16, 2016

Qatar Airways, one of the most airlines in the world, will introduce the second daily Bucharest-Doha flight in August. Qatar Airways planes will take off from Otopeni Airport and will fly to Doha at 13.10 and 20.35 every day. Since the inauguration of Doha-Bucharest flights five years ago, we have reached two direct flights daily from 4 flights a week via Budapest, said Natali Brodnik, commercial manager Qatar Airways Romania. The airline has been ...

Avram Iancu Airport in Cluj records passenger 1,000,000 this year

Tuesday, August 16, 2016

Avram Iancu Airport in Cluj recorded on Wednesday passenger number 1,000,000, an event marked by the management and county authorities. The passenger landed in Cluj with a charter flight from Greece. He received a holiday prize in Greece for next year and the other two passengers, no. 999,999 and 1,000,001 received a voucher each. Reaching 1,000,000 passengers in August, a month earlier than in 2015 is considered to be the ...

Henri Coanda Airport Bucharest registers 16.5% increase of passenger number in first 6 months

Tuesday, August 16, 2016

The number of passengers who transited EU airports in the first semester of 2016 grew by 6.2% compared to the same period of 2015, according to ACI Europe, the association of European airports, according to the website traveldailynews.com. Most of this increase concentrated on medium size airports like Berlin - Schonefeld (39.4%), Cologne-Bonn (19.8%), Bucharest (16.5%), Dublin (13.4%) and Barcelona (12.7%). The only increases ...

Trade: Romania smartphone sales up 20% to 1.5 mln units in H1

Tuesday, August 16, 2016

 Romania's sales of smartphones grew 20 percent in the first half to reach a total of 1.5 million units, writes local paper Ziarul Financiar citing Samsung Romania's telecom division head, Cristian Cojocaru, telecompaper.com reports. The penetration of smartphones stands at 50 percent, which means that about 10 million Romanians use a smart mobile phone.  The local smartphone market is moving towards 4.2 million ...

Telecom. IT: Telekom Romania's outdoor mobile internet up 112% in Q2

Tuesday, August 16, 2016

Telekom Romania saw its average outdoor mobile internet speeds for download increase to 31.25 Mbps in Q2 from 14.74 Mbps in the previous quarter thanks to its network sharing agreements entered ...

Real average speeds was 19.22 Mbps for mobile Internet and 53.22 Mbps for fixed Internet in 2015

Tuesday, August 16, 2016

Romanians have experienced in 2015 real average speeds of 19.22 Mbps for mobile Internet data download and 53.22 Mbps for fixed Internet data download, according to a report released on Wednesday by the National Authority for Management and Regulation in Communications (ANCOM), based on the Netograf.ro ...

Agriculture : The quantity of cow’s milk collected by processing units in June 2016 down 2.7% from June 2015

Tuesday, August 16, 2016

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in June 2016 decreased by 8.1% compared to May 2016 and was down 2.7% from June 2015. The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in the first semester of 2016 increased by 6.8% compared to the first semester of 2015. ...

Tourism: Minister Borc: By releasing 43 million lei we will complete major investment projects in tourist infrastructure

Tuesday, August 16, 2016

Several tourist objectives in Borsec, Govora or Voineasa and in ski resorts of Cmapulung Moldovenesc, Petrosani and Lupeni (Straja) will be completed by the end of 2016, by releasing 43 million lei, says Costin Borc, the minister of economy, trade and relations with business environment. The Executive approved government decision 120/2010 with the List of investment programs and projects in tourism and the financing source of technical documents and ...

Romania has big tourist package increases in 2016 summer season

Tuesday, August 16, 2016

Tourist service sales for the Romanian Black Sea littoral have grown by 40% while sales for health spas, mountain resorts and the Danube Delta have grown by 114% compared to the same period of 2015. “Romania is the star of 2016 summer season, with considerable increases for tourist packages, compared to 2015. Both the Romanian littoral, the Danube Delta, health spas like Baile Felix, Sovata, Herculane, Calimanesti-Caciulata, Covasna or Vatra ...

Great Britain and Poland, target markets for Black Sea tourism in 2017

Tuesday, August 16, 2016

Great Britain and Poland are target markets we have in view to attract foreign tourists for the Black Sea coast in 2017, at the same time with diversifying the offer of domestic and international flights from and to Constanta, said Corina Martin, the president of the Littoral Danube delta Association and of the Federation of Associations of Tourist Promotion in Romania (FAPT). “One of the news is launching a special product - Mamaia bachelor party for British ...

Real estate: Most popular office areas is the Centre, Western Bucharest ranks second

Tuesday, August 16, 2016

The share of office transactions in the centre-western area of Bucharest has grown to 33% of overall renting market, from just 10% recorded at the beginning of the year, ranking second as importance in the decision to relocate companies. According to data supplied by ESOP Consulting the number of large office projects in the centre-western area exploded over October 2015- April 2016, attracting the attention of company managers looking for new ...

Trade: Romanian H&M subsidiary recorded the highest sales per store in the entire CEE region

Tuesday, August 9, 2016

While what is happening in the apparel and footwear market of the 21st century seems removed from the tank warfare tactics employed in the 20th century, what H&M has accomplished in Romania certainly has the feel of ...

Telecom.IT : Telekom Romania to miss Ro-Net project's end-2016 deadline

Tuesday, August 9, 2016

The Ro-Net broadband project, which is handled by Telekom Romania, will not be completed at the end of 2016 as it was expected, writes telecompaper.com quoting the local paper Ziarul Financiar citing interim Minister of communications, Dragos Tudorache. He was speaking during a meeting with the local media. Ro-Net was so far completed in 200 rural localities from the so-called 'white areas'. This is not the first time Telekom Romania missed its target as the project was ...

Orange Romania opens new smart store in Bucharest

Tuesday, August 9, 2016

Orange Romania opened a new smart store in the capital Bucharest, telecompaper.com reads. The new store, its ninth such shop opened in the country and its third smart store in Bucharest, is located on the first floor of the Plaza Mall shopping centre from the Timisoara boulevard. During a promotion that lasts until 7 September, the shop's visitors get a EUR 50 discount on all 4G/LTE Samsung phones and tablets that are purchased with a new two-year ...

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