Economic
Infrastructure: British Airways launches new route from Heathrow to Cluj-Napoca
Tuesday, May 4, 2021
British Airways announced that it would operate four new short-haul routes to Cluj-Napoca in Romania, Wroclaw, and Gdansk in Poland, and Riga in Latvia this summer. The airline will fly from Cluj-Napoca to Heathrow three times a week, on Wednesdays, Fridays, and Sundays, beginning July 2. Return fares for this route start from GBP 95, and customers can already book tickets ...
Agriculture: Farmers propose to authorities implementation of a National Strategic Potato Plan to save sector
Tuesday, April 27, 2021
The Romanian Farmers Club and the Romanian National Potato Federation propose to the authorities the implementation of a National Strategic Potato Plan, to save an economic sector in great difficulty and harmonise the trade balance, which now registers a deficit of 60 pct, the representatives of the two organizations say.The main limiting factors in potato cultivation in Romania are excessive division of the land, often low technical level, small size of ...
Real Estate: Residential market expected to drive Romania’s FDI growth in coming years
Tuesday, April 27, 2021
The residential sector in Romania performed above expectations in terms of total sales in 2020, with an increase of 19 percent compared to 2019, according to data from the National Cadastre Agency. The result was better than even the most optimistic estimations, considering the fact that 2020 had two months of total lockdown. Eurostat statistics show that 45.8 percent of the Romanian population lives in overcrowded homes. ...
Infrastructure: Air France to increase weekly flights on Bucharest-Paris route this July
Tuesday, April 27, 2021
French air carrier Air France will operate 17 weekly flights on the Bucharest-Paris route from July. The company currently flies eight times a week between the Romanian capital and Paris, and the number is set to increase to 15, respectively 17 weekly flights between July 5 and August 8, 2021, the airline announced, according ...
Romania had 920 km of highways at the end of 2020
Tuesday, April 27, 2021
- At the end of 2020, the length of the motorways had increased by 6.2%, namely by 54 km, compared to the end of 2019. - The electrified railways accounted for 37.5% of the railway network in operation at the end of 2020. On 31.XII.2020, the public roads amounted to 86791 km, out of which 17913 km (20.6%) national roads, 35085 km (40.4%) county roads and 33793 km (39.0%) communal ...
Trade: Blockchain technology to be applied as a first in Romanian food sector
Tuesday, April 27, 2021
The blockchain technology, known until now in the financial industry, will be applied, for the first time, in the Romanian food sector, offering consumers the possibility of discovering information, straight from the farm, regarding the origin and quality of the produce they consume."Used in the food sector, the blockchain technology allows each actor from the supply chain (farmers, packers, distributors) to supply information for which they are responsible for ...
Tourism: EC to support Romanian companies active in tourism, accommodation and food services, affected by the pandemic
Tuesday, April 20, 2021
The European Commission has approved a Romanian aid scheme, worth EUR 500 million, meant to support the companies operating in the tourism and HoReCa industries, as well as the travel agencies affected by the coronavirus pandemic, Romania’s Representation to the European Commission informed. The public support, under direct subsidies, will cover up to 20% of the revenue losses (or, ...
The holidays destinations for spring and summer the Romanians prefer are Spain, Italy, the Arab Emirates, Turkey and Greece
Tuesday, April 20, 2021
The list of the most popular destinations for spring and summer include Spain, Italy, the Arab Emirates, Turkey and Greece, after the exotic destinations at the beginning of the year such as Zanzibar, Mexico, the Dominican Republic and Cuba, show the data of the tour operator eSky.ro. ‘The most popular destination this year is Spain, especially Madrid, Barcelona and Malaga – the interest for these ...
Agriculture: Romania, the sixth in the EU for wheat production obtained last year
Tuesday, April 20, 2021
Romania occupied the sixth place in the EU as regards wheat production obtained last year, with a total of 6.41 million tons, the production of 2020 being smaller by 3.88 million tons (37.7%) against 2019 due to the extreme drought, according to the temporary data published by the National Institute for Statistics (INS).Thus, in the EU top regarding the wheat production, France reported last year the biggest production, of 30.073 million tons, followed by Germany ...
Trade: 36% of Romanians declare they are more appreciative of a brand that has online sponsored ads
Tuesday, April 20, 2021
A study by Reveal Marketing Research on Romanians’ perception regarding advertising on social media: Of all the social networks, Facebook is in the first place in Romanians’ preferences (92%) with an average time spent online of 2.3 hours / day. 46% of respondents say they feel indifferent regarding sponsored ...
Cars: Trade in motor vehicles in Romania advances Jan.-Feb. 2021
Tuesday, April 20, 2021
Trade in motor vehicles and motorcycles in Romania increased by 8.5% in volume unadjusted in the first two months of 2021 y-o-y while market services provided to the population decreased in volume unadjusted by 29.7%, according to data published on Thursday by the National Institute of Statistics (INS).Wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles increased in volume by 9.4% when adjusted for work days and ...
Drop by 25.8% of car registrations in Romania, after the first three months
Tuesday, April 20, 2021
Car registrations in Romania dropped by 25.8% in the first three months of this year as compared to the similar period of last year, according to a press release of the Association of Producers and Importers of Vehicles (APIA).‘After the four last months of 2020 when we had important growth of registration, 2021 started with a significant drop in January (-46.6%), February (-18.8%) being in a way, compensated by the growth of 19.4% of March. On a European ...
Healthcare: Provita Group announces to build 100-bed hospital in Bucharest's Pipera area
Tuesday, April 20, 2021
The Provita Group announced that it will put in use a new cross-disciplinary hospital next year, worth 12 million Euro, which will be built in the northern Pipera area of Bucharest, according to a press release sent by the company on Monday.The hospital will contain the only oncology center ...
Telecom. IT: Internet traffic over landline networks in Romania surges 51% in 2020, up 30% over mobile networks
Tuesday, April 20, 2021
Internet traffic over landline networks in Romania surged by over 51% in 2020 from the year before, internet traffic over mobile networks jumped by 30%, according to preliminary data released on Thursday at the 25th edition of the Communications Day event, by Eduard Lovin, deputy chairman of the National Communications Administration and Regulation Authority (ANCOM)."Preliminary figures for the end of 2020 show that internet traffic over landline networks in ...
Agriculture : In 2020, ecological agriculture covered 472,000 hectares
Tuesday, April 13, 2021
The total area covered by ecological agriculture grew by 19.4% in 2020 compared to the previous year, reaching 471,928 ha, while the area ecologically certified went up by 28%, to 270,656 ha in 2020, according to data released by the Ministry of Agriculture and Rural Development (MADR). Farmers can access funds of 77 million euros this year for ecological agriculture. MADR representatives ...
Romania ranks 6th in potato production, 4th in cultivated area in EU, in 2020
Tuesday, April 13, 2021
Romania had a potato production of 2.68 million tonnes last year, ranking 6th in the European Union, Germany ranking first with 11.55 million tonnes, according to provisional data issued by the National Institute of Statistics (INS).France followed Germany, with 8.73 million tonnes, being followed by the Netherlands - 7.09 million tonnes, Poland - 6.48 million tonnes and Belgium, with 4.1 million tonnes.By cultivated area, Romania ranked 4th with ...
Real Estate: Eurostat: Romania, among the EU countries where house prices have risen, in the fourth quarter of 2020
Tuesday, April 13, 2021
Between 2010 and the second quarter of 2011, house prices and rents in the EU followed similar paths. Since the second quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the fourth quarter of 2020, house prices have fluctuated significantly. After a sharp decline between the second quarter of 2011 and the first quarter of 2013, house ...
The pandemic highlighted the critical role of a building in managing people’s health, safety, and well-being
Tuesday, April 13, 2021
Project developers and owners are becoming more concerned about safety and sustainability, in the context of the atypical past year that has shifted perceptions and plans for the future. In the past six months, 14 projects have registered for WELL Health-Safety Rating certification. At the same time, 77 new projects became BREEAM and LEED certified in 2020. Overall, this takes the number of such health, safety, and sustainable-certified projects in Romania to over 230, shows ...
JLL: The vacancy rate for office space will increase
Tuesday, April 13, 2021
The office spaces for sublease in Bucharest put pressure on the traditional market not only because they represent supplementary supply (and a significant amount), but also because the short-term and the flexibility offered under the sublease contracts are appealing for small tenants that find such offers as ideal, according to a report of the real estate consultancy firm JLL. According to JLL data, at this moment, the ...
62,891 properties traded nationwide this March, by 12,744 more than in February
Tuesday, April 13, 2021
As many as 62,891 properties traded hands in Romania this March, by 12,744 more than in February, the National Cadastre and Real Estate Advertising Agency (ANCPI) informs on Wednesday.The number of houses, land parcels and apartments that changed hands in March is by 14,512 higher than in the year-ago period.Topping the ranking by the number of building sales this March are Bucharest - 10,958, Ilfov - 4,306 and Cluj - 3,917, while the counties with ...