Economic
Automobile market in Romania records slight boost in 2021, with higher sales every month
Tuesday, July 20, 2021
The automobile market in Romania records slight boost in 2021, with higher sales every month, while in Europe it seems to recover in the second part of the year, according to Autofacts report made by PwC and Strategy, the Global Strategy department of PwC. In the first quarter of the year, European car sales dropped by 25.5% compared to the pre pandemic period (2019). Despite the general drop of the ...
Trade : Survey: Romanian women allocate up to 500 lei monthly for cosmetic products and routine personal care
Tuesday, July 20, 2021
Over three quarters of Romanians allocate between 100 and 500 lei per month to purchase cosmetics or for routine personal care, according to a survey made by Esteto.ro , an online store for women, according to which quality is the main argument taken into account when buying cosmetic or personal care products. The survey, made at the end of May, on a sample of 4,995 respondents, of whom 98% women, ...
Tourism : Survey: Approximately 42% of Romanians choose their holiday destination based on anti-COVID restrictions
Tuesday, July 20, 2021
The pandemic continues to influence the holiday plans of the Romanian people, so that 42% choose their destination based on anti-COVID restrictions, and another 30% got vaccinated especially in order to travel, according to a survey done by the Bestjobs recruitment platform."Last year, the Romanians' holiday plans were strongly influenced by the anti-COVID protection measures. Thus, 39% of them decided to remain home, including during their period of annual ...
Agriculture: Analysis: Businesses in agriculture and food industry may reach 20 billion euros in next two years
Tuesday, July 20, 2021
Romanian agriculture is still blocked in the 20th century when it comes to automation and marketing of farm produce, but businesses in agriculture and food industry may reach 20 billion euros in the next two years, according to a analysis by Frames & Factory 4.0. According to the analysis, the over 160,000 companies in this sector could exceed a business figure of 100 billion lei in the next two ...
Romania could become again the largest European corn producer in 2021
Tuesday, July 20, 2021
This farming year Romania could rank first among European producers of sunflower and corn. For soy it could surpass France to reach second position. According to a top made by the National Statistics Institute, Romania was last year the largest sunflower producer with 24.8% of EU production, the second corn producer with 16% of production and the third soy producer with 11.7% of production. For 2021, ...
Health: UNSAR-IRES Barometer: Two out of three Romanians will pay more for access to better medical services
Tuesday, July 20, 2021
Romanians want more rapid access and better quality of medical services, according to the latest edition of UNSAR-IRES Barometer on Risk perception and insurance culture in Romania (2021). Over 70% of respondents would allocate additional amounts of money to benefit from services of medical recovery, surgical interventions, hospitalization or lab tests, while 56%- 65% for specialized outpatient ...
Real Estate: ANCPI: 54,781 properties traded nationwide in June, by 7,000 more than in May
Tuesday, July 13, 2021
A number of 54,781 properties have been traded in June, nationwide, by 7,008 more than in May, according to a press release sent by the National Authority for Cadastre and Land Registration (ANCPI).The number of houses, land and apartments covered by sale-purchase contracts in June is by 7,963 higher than the similar period of 2020.Most real estate sales were registered last month in Bucharest - 9,181, Brasov - 3,230 and Ilfov - 3,002. The ...
The largest real estate investors that are active on the local market
Tuesday, July 13, 2021
Over 8 billion EUR is the cumulated value of the portfolios managed by the largest real estate investors that are active on the local market (NEPI, Globalworth, AFI Europe, Iulius Group & Atterbury, CTP, Immofinanz, WDP). Globalworth: “We will continue monitoring the market for attractive investment opportunities in the office segment ...
Agriculture: Romania's raw milk imports at 135,640 tons in 2020, up 20 pct from previous year
Tuesday, July 13, 2021
Romania imported last year 135,640 tons of raw milk, by 20 percent (22,615 tons) more compared to 2019, shows data released on Wednesday by the National Institute of Statistics (INS).The amount of raw milk collected by processing units of agricultural hIn 2019, among the EU Member States with available data, Denmark recorded the highest availability of computer tomography (CT) scanners in hospitals relative to the number of inhabitants (with 4.0 CT scanners ...
Infrastructure: State aid: Commission approves €1.15 million Romanian scheme to support airlines in the context of the coronavirus outbreak
Tuesday, July 13, 2021
The European Commission has approved a €1.15 million Romanian scheme to support airlines affected by the coronavirus outbreak resuming or starting regular flights from/to Târgu Mure? Transilvania Airport. The scheme was approved under the State ...
Oradea Airport to have a cargo terminal by 2023
Tuesday, July 13, 2021
A cargo terminal is to become operational at the Oradea Airport in northwest Romania in about two years. According to Ilie Bolojan, the president of Bihor County Council, the new terminal will be built on a 14-hectare plot of land located between the airport and Industrial Park II. “Companies around Oradea use for the products they make electronic components brought by air from Asia or ...
Lufthansa links Romania's Iasi to Frankfurt four times a week
Tuesday, July 13, 2021
German airline Lufthansa started operating direct flights between Iasi, in eastern Romania, and Frankfurt beginning Friday, July 2, four times a ...
Blue Air to offer second daily flight Bucharest - Milan from August 16
Tuesday, July 13, 2021
From August 16, low-cost airline Blue Air will offer a second daily flight from Bucharest - Henri Coanda to Linate, Milan."Prices start at 9.99 euros per segment - all fees and a free change included," the company said Tuesday in a press statement.For the Bucharest connection of travellers to Milan from other cities, Blue Air offers five other daily flights to Henri Coanda Airport, from Cluj Napoca, Iasi, Oradea, Suceava and ...
Trade: Large food retailers struggle with staff shortage
Tuesday, July 13, 2021
Large food retail networks are struggling again with a staff shortage they had already been experiencing before the pandemic, and the phenomenon is particularly visible for personnel categories like commercial workers, cashiers, pickers or multipurpose workers, Essa Group said in a statement.ESSA Group, one of Romania's largest players in trade marketing and sales services, currently has long-term partnerships with five hypermarket, supermarket and cash ...
Retail trade turnover up 13.7pct in Jan-May
Tuesday, July 13, 2021
Retail trade turnover (except for trade in motor vehicles and motorcycles) increased by 13.7pct, as a gross series, in the first five months of the current year, compared to the same period last year, according to data published by the National Institute of Statistics (INS).According to the same source, between January 1 and May 31, 2021, increases were recorded in sales of non-food products (+ 23.2pct), in the retail sale of motor fuels in specialized ...
Healthcare: Medicover invests EUR 20 mln in new hospital in Bucharest
Tuesday, July 13, 2021
Medical services provider Medicover Romania announced it would invest EUR 20 million to develop a new hospital in Bucharest.The investment entails the conversion of an office building with a surface of 15,000 sqm. For this, Medicover Romania signed a 15-year agreement, with an extension option, with the building's owner, real estate developer Multigalaxy. The building is located on Fabrica de ...
Number of deaths due to respiratory diseases, 2.2 times higher in May 2021 vs May 2020
Tuesday, July 13, 2021
The number of deaths caused by respiratory diseases was 2.2 times higher in May 2021, than that recorded in the same period last year, according to data from the National Institute of Statistics (INS) published on Monday.By main cause of death, in May 2021 most people died due to diseases of the circulatory system (13,080 people, representing 53.3% of deaths in May 2021) and tumors (3,875 people, representing 15.8%) ."After 7 months in which ...
Cars: Dacia to launch a new seven-seater
Tuesday, July 13, 2021
Officials of Romanian car producer Dacia confirmed that the company would unveil a family model with seven seats at the IAA 2021 automobile show in ...
Tourism : Non-resident tourists who arrive in collective accomodations spend 171.5 million RON, in Q1
Tuesday, July 6, 2021
The total number of non-residents housed in collective tourist accommodations was, in Q1, 2021, 64,100 people, and their spending has reached a total of 171.5 million RON, according to the data centralized by the National Statistics Institute (INS).Businesses (including participation in congresses, conferences, classes, fairs and exhibitions) represented the main reason of the stay among 68.5% of non-resident tourists who arrived in Romania during the first three ...
May's arrivals in Romania's tourist accommodation establishments 17.6 times higher YoY
Tuesday, July 6, 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 17.6 times, while the overnight stays increased by 19.1 times in May 2021. • Compared to May 2020, in May 2021 customs registered an increase in the arrivals of foreign visitors of 113.2% and an increase of 174.0% in the ...