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Economic

The agricultural production index was 102.9% in 2014

Tuesday, October 20, 2015

The value of agricultural production was worth 74.524 billion lei last year, while agricultural services contributed 1.3pct to the total value reported nationally, shows data released on Thursday by the National Institute of Statistics (INS). According to the cited source, vegetal production saw increases ranging from 1.2pct - in development region South-West Oltenia and 12.2pct in the Centre region, and decreases in development regions Bucharest-Ilfov ...

Cars: Sales of Volkswagen in Romania dropped by 30.6% in September

Tuesday, October 20, 2015

The sales of Volkswagen dropped in Romania by 30.6% in September, when the scandal of the emissions manipulation devices which equipped the cars broke out, against August, the German make dropping three places, from the second position in the top of the cars delivery. Thus, in Romania there were sold 716 units of Volkswagen in September and 6,939 since the beginning of the year. The other make in the Volkswagen group present in ...

Automotive market advanced by 16.2percent YoY in Romania in January-September

Tuesday, October 20, 2015

Motor vehicle sales advanced by 16.2percent year-on-year in Romania in January-September, to 82,511 units; the trend was supported by corporate and administration buyers, according to data released on Thursday by the Association of Automotive Manufacturers and Importers (APIA). Passenger cars accounted for 82pct of the sales (69,659 units); this segment surged by 13.5pct in September. The weight of legal entities was still high at 73pct of ...

Used car registrations recorded a 12.67pct rise in the first nine months of this year

Tuesday, October 20, 2015

 Used car registrations recorded in Romania a 12.67pct rise in the first nine months of 2015, up to 179,512 units year-on-year, according to statistics with the Driving Licences and Vehicle Registration Department (DRPCIV).The cited data also show that as many as 22,627 used cars were registered in September 2015, up by 11.52pct from September last year, when 20,289 such units were registered. Romanians' favorite used car brand remains, ...

Real Estate: The prices of flats grew in September by 1.5%

Tuesday, October 13, 2015

The average price required by owners for new and old flats for sale, at national level increased in September by 1.5% from 950 euro/square metre in August to 964 euro/sqm, 5.7% as compared to September 2014, imobiliare.ro shows. In Bucharest the pretentions of those who sell kept constant in the last month, at 1,086 euro/sqm. The present level is 3% higher than the one of 2014 in the autumn, 1,054 euro/sqm. Old flats have an average price of 1,030 euro/sqm, by 0.4% higher than last ...

Survey: Romania, 3rd in CEE as real estate transactions worth 600 million euros

Tuesday, October 13, 2015

Romania is ranked 3rd in Central and Eastern Europe (CEE), after the Czech Republic and Poland, as it drew in the first 9 months of 2015 real estate transactions worth 600 million euros, according to a ...

Eurostat: housing prices decreased by 1.1pct in Q2 2015 in Romania

Tuesday, October 13, 2015

Romania's housing prices decreased by 1.1pct in Q2 2015 compared with the previous three months, which was the most significant decline among the EU states, the European Statistical Office (Eurostat) informed on ...

Telecom.IT: Romania is a country of ICT producers, but it doesn't have access to major markets

Tuesday, October 13, 2015

Romania is a country of ICT producers, but regrettably it doesn't have access to major markets, Varujan Pambuccian, member of the Lower House parliamentary Committee on Technology Information and Communications told a specialist conference on ...

48 percent of Romanians use the Internet

Tuesday, October 13, 2015

Only 48 percent of Romanians use the Internet, below the EU average of 75pct, show the official figures unveiled on Monday in a specialized conference organized at the headquarters of the representation office of the European Commission in ...

Cars : Registrations of new motor vehicles advanced in September by 9.66pct

Tuesday, October 13, 2015

 The number of registrations of new motor vehicles advanced in September by 9.66pct as compared to September 2014, thus reaching 8,933, according to data released on Monday by the Driving Licenses and Vehicle Registration Directorate (DRPCIV) of the Interior ...

Tourism : There are many adventure parks for tourism in Romania

Tuesday, October 13, 2015

There are many adventure parks in Romania and they provide entertainment for both thrill seekers and families with children. Obstacle courses, zip lines, rock climbing, paintball, treasure hunt and even military training are some of the activities available in these parks, balkans.com reports. Our first stop is the tourist and historical city of Sibiu, in the heart of Transylvania. A former European capital of culture, Sibiu hosts many dance, theatre and music festivals, so at ...

Trade: Opinion poll: What Romanians think about supermarkets

Tuesday, October 13, 2015

Two thirds of Romanians consider that supermarkets help them save, when the price is the main element in choosing the shopping p0lace in the case of three thirds of participants in a study made by INSCOP at the demand of the association of big retailers. Big stores represent the favorite shopping place for 83.6% of people interviewed whole 65.2% Romanians shop at nearby stores and 45.2% also use food markets. Big stores, like hypermarkets, cash& carry, supermarkets and ...

Fresh produce sales down 30% compared to last autumn

Tuesday, October 13, 2015

Fruit and vegetable sales in Romanian markets and retail chains have decreased by approximately 30% compared to last autumn. Romanians increasingly prefer to buy more ready meals and canned foods, as reported by Aurel Tanase, chief executive for fruits and vegetables at the interprofessional organization Prodcom. "The explanation is that people are consuming more and more canned foods; a market which has developed quite a lot, with investments in canneries amounting to over 150 ...

AP: Senators pass draft law obliging supermarkets to sell more local meat, produce

Tuesday, October 13, 2015

According to AP,  Romanian senators have adopted draft legislation obliging supermarkets to sell more meat and produce from the country in a bid to support local farmers. According to the draft law passed Tuesday, 51 percent of meat, fruit and vegetables sold in supermarkets will have to be produced or grown in Romania. Violators could face fines of up to 50,000 lei ($12,700). Ruling Social Democratic Party spokeswoman Gabriela Firea said the measure aims to support ...

Infrastructure : 18 billion euros to be implemented under the Large Infrastructure Operational Program 2014-2020

Tuesday, October 13, 2015

The potential portfolio of projects to be implemented under the Large Infrastructure Operational Program (LIOP) 2014-2020 is worth over 18 billion euros, Minister of European Funds Marius Nica is quoted as having said on Thursday in a press ...

Agriculture: Partnership between Romania and the Netherlands regarding the raise local production of cow milk for processing

Tuesday, October 13, 2015

The Ministry of Agriculture and Rural Development (MADR) has announced on Monday the launch of a partnership between Romania and the Netherlands whose goal is to raise local production of cow milk for processing to 2.5 million tonnes annually by 2020, namely 2.5 times more than last ...

The quantity of cow’s milk collected by processing units down 11.2%

Tuesday, October 13, 2015

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in August 2015 decreased by 8.9% compared to July 2015 and was down 11.2% from August 2014. The quantity of cow’s milk ...

In August 2015, the number of slaughtered cattle decreased by 21.9%

Tuesday, October 13, 2015

 • In August 2015, compared to the previous month, the number of slaughtered animals and poultry and their carcass weight increased for pigs and decreased for cattle, sheep and goats and poultry. • ...

Agriculture : Minister Constantin: Romanian farmers want to grow genetically modified soy

Tuesday, October 6, 2015

All Romanian farmers want to grow genetically modified soy according to Agriculture Minister Daniel Constantin, who said on Friday that a nationwide debate is necessary after the approval of such crops by European and international ...

Romania, invited by France for the 24th edition of the European fair of the professionals in zootechnics

Tuesday, October 6, 2015

Romania is invited as guest of honour to the 24th edition of the European fair of the professionals in zootechnics – Sommet de l’Elevage – organised in Clermont-Ferrant, France between 7 and 9 October, the last time our country took part in this event with stock and genetics being in 2008. According to a press release of the French Embassy to Bucharest, Romania will send approximately 50 cattle breeders and sheep breeders specialised either in milk ...

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