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Romania gets 79.06 ml euro in EU reimbursements for June payments to farmers
Tuesday, August 9, 2022
The European Commission on Wednesday reimbursed to Romania 79.06 million euros from the European Agricultural Guarantee Fund (EAGF) in expenses incurred by the Agency for Payments and Interventions in Agriculture (APIA) in June 2022 for direct payments to farmers, the Ministry of Agriculture and Rural Development (MADR) said in a release.APIA continues payment authorization, in accordance with the terms set forth in the EU regulations and in the national ...
Gov't approves list of irrigation facilities that will be re-classified as public utility
Tuesday, August 9, 2022
The government approved on Wednesday the list of irrigation facilities that will be re-classified as public utility; also, the national program for the rehabilitation of the main irrigation infrastructure will receive until 2027 as much as 1.5 billion euros in allocations from the national budget."The list of irrigation facilities was approved that will be re-classified as public utility, as well as the modification of the national program for the ...
Healthcare: Government approved financing contract between Romania and EIB on Craiova Regional Emergency Hospital
Tuesday, August 9, 2022
The government approved, last Wednesday, a draft law on the financing contract for the Craiova Regional Emergency Hospital between Romania and the European Investment Bank (EIB), signed in Bucharest on April 6, 2022 and in Luxembourg on April 11, 2022."The draft law consists in the construction of a new Regional Emergency Hospital in Craiova, with 807 beds. The hospital will become a tertiary level center for the network of hospitals in ...
Romania counts for 978 emergency physicians, real need would be over 2,000
Tuesday, August 9, 2022
The Emergency Medical System in Romania currently counts for 978 physicians specialized in emergency medicine, while its real needs would be over 2,000 such doctors, the Emergency Situations Department (DSU) head, Raed Arafat, said on last Wednesday in northern Botosani.According to him, the work schedule of the higher education medical staff in the emergency reception units (UPU) is overloaded due to the shortage of personnel, which determines the current staff ...
Cars: New cars registrations drop 7.6pct in Q2
Tuesday, August 9, 2022
New passenger car registrations decreased by 7.6% in the second quarter of the year, compared to the same period last year, while new registrations of commercial vehicles saw a decline of 11.9% in the reference period, according to the data published on Thursday by the National Institute of Statistics (INS).According to the INS, in the second quarter of 2022, the share of new registrations of imported second-hand passenger cars in total new car registrations was ...
Real Estate: Real estate buyers in Bucharest-Ilfov area interested in houses and 3-4 room apartments
Tuesday, August 9, 2022
Real estate buyers in Bucharest-Ilfov area are interested in houses (31%) and 3-4 room apartments(30%), while most potential tenants look for apartments with two rooms (49%) and studios (33%), according to an analysis made by a specialized company. “Intentions of people from Bucharest are different from those of all Romanians: at national level, most buyers look for 3 and 2 room apartments and ...
Colliers: Residential deliveries have not kept up the pace with the high demand
Tuesday, August 9, 2022
Romania’s residential market is heading for a new record in deliveries this year as well, but the development pace has not kept up with the evolution of demand over the past two years. In addition, the price of new homes continues to rise as new projects incorporate increased prices for building materials, Colliers consultants point out. Over the past two years, housing has seen considerable price increases, with ...
CBRE: The investment volume reached EUR 323 mln in H1 2022
Tuesday, August 9, 2022
The total investment volume in Romania reached EUR 323 mln in the first half of 2022, 6% higher compared with the amount transacted in the same period of the previous year, according to the Romania Real Estate Market Outlook 2022 research special report, launched by CBRE Romania, the leader of the real estate consultancy ...
Tourism: Arrivals in accomodation units, up 34.8pct in June
Tuesday, August 9, 2022
Arrivals in tourist reception structures increased by 34.8% in June, compared to the same month last year, while overnight stays were 27.9% more, according to data the National Institute of Statistics (INS).Thus, the arrivals registered in tourist reception structures in June 2022 totaled 1.085 million people, an increase of 34.8% compared to those in June 2021.In the total number of arrivals, in June 2022, the arrivals of Romanian tourists in tourist ...
Agriculture: Value of agricultural production goes up 11.7 pct in 2021
Tuesday, August 2, 2022
The value of Romania's agricultural production was 11.7 percent up 2021 compared to 2020, as the crop production advanced 22.2 percent, and animal production and agricultural services dropped by 8.3 percent and 0.7 percent, respectively, shows data released on Monday by the National Institute of Statistics (INS).Several changes occurred in the structure of the value of the 2021 agricultural production compared to the previous year, as the share of the crop production increased ...
Almost 20 million cubic metres of wood logged in 2021
Tuesday, August 2, 2022
The amount of wood logged last year was 19.994 million cubic metres (gross volume) of wood, 342,000 cubic metres higher than in 2020, according to data centralised by the National Institute of Statistics.By forest species, conifers represented 40.1% of the total volume of wood logged, beech 30.8%, various hard species (acacia, sycamore maple, ash tree, walnut, etc.) 11.3%, oak 10.1% and various soft species (linden, willow, poplar, etc.) 7.7%.The wood harvested in ...
Telecom. IT: Digital Economy and Society Index 2022: overall progress but digital skills, SMEs and 5G networks lag behind
Tuesday, August 2, 2022
The European Commission published the results of the 2022 Digital Economy and Society ...
Price of 1GB of mobile data in RO, 12 times cheaper than in the US
Tuesday, August 2, 2022
The average cost of 1GB of mobile data in Romania is USD 0.45, 12.48 times cheaper than the price of 1GB of mobile data in the US in 2022 - USD 5.62, an analysis by ...
Romania sees rise in internet speed in 2021
Tuesday, August 2, 2022
Internet users in Romania benefited from faster fixed and mobile connections last year, according to statistics compiled by telecom regulator ANCOM based on tests performed on the Netograf platform. The average download speed for fixed broadband connections increased by almost 40% in 2021 compared to 2020, up to 259.8 Mbps. Meanwhile, the average upload speed was about 60% faster, reaching 179.1 Mbps. At the same ...
Tourism : First Marriott hotel in Romania outside Bucharest
Tuesday, August 2, 2022
A real estate developer has started to build in Arad, western Romania, the first hotel under the Marriott badge outside of Bucharest, according to the mayor of the municipality, Calin Bibart, quoted ...
Infrastructure: Baneasa Airport reopens after 9 years
Tuesday, August 2, 2022
Bucharest Aurel Vlaicu International Airport (Baneasa) reopened on Monday, August 1, on the occasion of the 110th anniversary of its inauguration, manager of Bucharest Airports Company, George Dorobantu said. The airport has gone through a program of modernization of airport buildings and equipment in recent ...
Wizz Air announces two new routes from Romania to Italy
Tuesday, August 2, 2022
Wizz Air has announced the addition of two new routes from Romanian airports to two destinations in Italy. Romanians can now travel from Bucharest to Ancona, on Tuesdays and Saturdays, starting December 13th. Additionally, another flight will depart from Cluj-Napoca to Perugia, every Wednesday and Sunday, starting December 14th. Seats for the new services are already available online from as low as 24.99 EUR / 119 RON. Popular among Romanians ...
Real Estate: Colliers: The Romanian real estate scene continued its accelerated recovery in the first half of the year
Tuesday, August 2, 2022
The Bucharest office market returned to pre-pandemic levels, the industrial and logistics spaces are going from strength to strength, while the investment market could reach its highest level in more than 10 years, according to Colliers’ Mid-Year Report for ...
Home sales, up by 3.4% at a national level and by 16.6% in Bucharest in H1 2022
Tuesday, August 2, 2022
Over 85.000 homes were sold in Romania in the first six months from 2022, up 3.4% compared with the similar period from 2021, while the number of homes sold in Bucharest and Ilfov increased annually by 16.6%, shows a reported released by real estate consultant SVN Romania, based on official statistics. The biggest number of homes sold in 2022 was registered in Bucharest and its surroundings, followed by Timis, Cluj, Brasov, Constanta and Iasi, shows the data of ...
Industrial and logistics spaces totalling 542,000 sqm were leased in H1 2022, an y-o-y increase of 50%
Tuesday, August 2, 2022
542,000 sq. m of industrial and logistics spaces were leased in H1 2022, a 50% increase compared with the same period of 2021, according to data from the Cushman & Wakefield Echinox real estate consultancy company. The volume transacted in Q2 was of approximately 240,000 sq. m, which was added to the Q1 take-up of more than 300,000 sqm. A net take-up of 86% was recorded in H1, while the remaining 14% consisted of contract renewals and renegotiations. Bucharest ...