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State aid: Commission approves €10.3 million Romanian scheme to support airport operators in the context of the coronavirus pandemic
Tuesday, December 14, 2021
The European Commission has approved a €10.3 million (RON 51.5 million) Romanian scheme to support airport operators in the context of the coronavirus pandemic. The scheme was approved under the State ...
EU Commissioner Valean announces new transport corridor for Romania, cautions accomplishment requires painstaking planning
Tuesday, December 14, 2021
Romania can make strides in the development of its railway network and will have a new transport corridor, as all European instruments will be focused in this direction, but this requires determination and a good plan that must be strictly observed, European Commissioner for Transport Adina Valean told a debate on Romanian railways organized on Friday by media outlet DC News."Romania will have a new transport corridor, I tell you this for the first ...
Real Estate: Statistics:2.33pct increase in number of homes put into use in Jan-Sep
Tuesday, December 14, 2021
The number of homes put into use in the first nine months of the year, at the national level, increased by 2.33%, to 49,621, compared to the same period in 2020, according to official data, published on Friday by the National Institute of Statistics (INS).Between January 1 and September 30, 2021, most homes were handed over in urban areas, accounting for 61.2% of the total.Overall, compared to the reference period, 49,621 ...
Agriculture: AIG takes over to cultivate 13,700 ha in southern Romania
Tuesday, December 14, 2021
African Industries Group (AIG), a multinational holding originating in Nigeria and owned by Raj Gupta and Alok Gupta, will take over three Romanian companies in the southern part of the country (Calarasi County) that own 13,700 hectares and a storage capacity of almost 40,000 tonnes. The African investor pledges to bring modern technology that it already uses in ...
Government approves increase of state aid for livestock breeders for 2021
Tuesday, December 14, 2021
The government decided on Friday to increase the state aid for livestock breeders for 2021, from 40 million lei to 70 million lei, government spokesman Dan Carbunaru announced. (1 euro = 4.9490 RON)"A decision adopted (in today's meeting) concerns the amendment of Article 19(8) of Government Decision 1179 of 2014 on the establishment of a state aid scheme in the livestock farming sector. The piece of legislation approved by the Government increases ...
Telecom. IT: Share of households with Internet access at home 80.8pct in 2021
Tuesday, December 14, 2021
The share of households with access to the Internet at home was 80.8pct in 2021, up 2.6 percentage points from the previous year, according to data sent by the National Institute of Statistics (INS) on last Wednesday.Thus, in 2021, about 8 out of 10 households in Romania (80.8pct) have access to the Internet at home. In urban areas, 86.9pct of households are connected to the Internet, and in rural areas only 73.1pct.In terms of ...
Trade: Survey : Almost half of the buyers acquire products from physical shops, the trend going upwards
Tuesday, December 14, 2021
61% of the consumers are optimistic with regards to the future, coming back to purchasing in physical shops and plan the increase of purchases in the next six months, according to a PwC survey, Global Consumer Insights Pulse Survey 2021, made in September among 9,370 consumers out of 26 countries. The data of the survey show that the people who work from home or in a hybrid way are with 10 percent (68%) ...
Healthcare: The Competition Council started a new investigation on the pharma market
Tuesday, December 14, 2021
The Competition Council started a new investigation on the pharma market, suspecting a dominating position abuse of Boehringer Ingelheim for blocking the competitors. According to a press release of the competition authority, it is about an investigation on the Romanian market for oral direct anti-coagulant drugs and those destined to the treatment of obstructive chronic ...
Tourism: Google Maps : Bran Castle, Peles Castle and Corvin Castle, the most searched for places in Romania, in 2021
Tuesday, December 7, 2021
Bran Castle, Peles and Corvin Castle are the places in Romania that attracted the most searches on Google Maps, in the first ten months of the year, while in the Capital, the most searched cultural landmarks were the Romanian Athenaeum, the History Museum and the Antipa Museum, reveals an analysis by Google. As regards searches in Europe, the Louvre Museum in Paris and British Museum in London were the most popular sights on Google ...
Tourism in October 2021
Tuesday, December 7, 2021
- Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 31.4%, while the overnight stays increased by 28.2% in October 2021. - Compared to October 2020, in October 2021 customs registered an increase in the arrivals of foreign visitors of 74.8% and an increase of 42.7% in the departures abroad ...
Infrastructure : Romania to allocate approximately 2% of GDP annually over the next 10 years to co-finance infrastructure projects
Tuesday, December 7, 2021
Romania will have to allocate approximately 2% of GDP annually over the next 10 years, representing the financial contribution related to European-funded projects, to which is added the demand to complete the entire infrastructure presented in the Investment Plan for the development of transport infrastructure for the period 2020 - 2030.The Ministry of Transport and Infrastructure (MTI) published, on Friday, in public debate, the draft Government ...
Trade: Only 6% of the electro-IT goods were sold at year's lowest price on Black Friday
Tuesday, December 7, 2021
Only 6% of the electro-IT products on sale by the online stores in Romania on Black Friday 2021 were sold at the lowest price of the year, according to the latest report made by the online price monitoring service PriceFlux, quoted ...
Retail turnover up 11.1 oct in first 10 months
Tuesday, December 7, 2021
Retail trade turnover (except for trade in motor vehicles and motorcycles) increased by 11.1 pct as unadjusted series and by 10.2 pct as workday and seasonally adjusted series in the first 10 months of this year compared to the same period in 2020, the National Institute of Statistics (INS) announced on Friday.As unadjusted series, there was a boost in trade due to the sales of non-food products (+ 16 pct), retail sale of automotive fuel in specialized ...
Agriculture: Romsilva plants about 2 million trees in autumn afforestation campaign
Tuesday, December 7, 2021
Romsilva, the National Forest Department is planting about two million trees in the autumn afforestation campaign, regenerating 2,697 ha of forest fund, of which 1,548 ha through natural regenerations and 1,149 ha through artificial regeneration, that is through afforestation works, the department announced on Wednesday. According to the source, this year's regeneration program of state forests ...
The average price of arable land in Romania, higher than in France
Tuesday, December 7, 2021
The average price of one hectare of arable land in Romania last year was 7,163 euros, while France was 6,000 euros and in Hungary it was 4,893 euros, according to data published by Eurostat. Among ...
ROMPAN: The sector of milling and bakery is most affected of all food industries in Romania
Tuesday, December 7, 2021
The milling and bakery sector is the most affected of all food industries in Romania, as we have a double price for raw materials, besides the other increases of price for energy, gas and fuel, stated recently the chairman of the Romanian Employers’ Association for the Milling, Bakery and Pasta – ROMPAN, Aurel Popescu. " ‘We are more affected than the other industries. If everybody has experienced increased ...
Real Estate: The office market, lower in Bucharest after 2023 due to the lack of new projects
Tuesday, December 7, 2021
Although the office space market is at a low level in the wake of the pandemic, in two years' time, it will be possible to face a lack of new space in Bucharest, real estate consultancy firm JLL concludes in a report. "The construction of an office building usually takes at least two years. For office buildings to be delivered in 2023, their construction must have already begun, which we do not see ...
Cars: New car registrations drop in Romania by 13 pct in November
Tuesday, December 7, 2021
The number of new car registrations has dropped by 0.93 pct in the first 11 months of the current year, compared to the data of 2020, yet at the level of November the reduction was of over 13 pct, shows data from the Driving Permits and Vehicle Registration Regime Department (DRPCIV), quoted by Romanian Automobile Makers Association (ACAROM).According to the statistics published on Thursday, November recorded a volume of registrations of ...
Trade: Retailers handled two million orders in Black Friday weekend
Tuesday, November 30, 2021
Over two million orders were handed over to couriers by retail companies in Romania in the 2021 Black Friday weekend , according to an analysis made by a technology start-up. According to Innoship data, released on Tuesday, volumes handed over in the interval Friday-Sunday are 2.5 times higher than a usual weekend, and the technology website managed over 12% of all orders. 79% of orders handed over in the first ...
Rising competition in Romania’s online grocery market
Tuesday, November 30, 2021
The competition in the online food trade, a market of EUR 200-250 mln in Romania, is rising - according to Ziarul ...