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Infrastructure : Freight traffic through the Black Sea port of Constanta, by 20.4pct higher in Q1 of 2015

Tuesday, August 25, 2015

The freight traffic through the Black Sea port of Constanta in the first quarter of 2015 counts for 12.1 million tonnes and it is by 20.4pct higher than in the same period of 2014, the Constanta County Statistics Department informed on ...

Agriculture : Honey production to drop 30pct due to drought, bee depopulation

Tuesday, August 25, 2015

Honey production will be lower by some 30pct in 2015, compared to an annual average production of 22,000 to 24,000 tonnes, due to drought and depopulation of bee colonies, Chairman of the Romanian Beekeepers' Association (ACA) Ioan Fetea told Agerpres. Except for the western area of the country, in 2015 there has been an acacia honey production that covers 90pct of annual production, rapeseed honey production amounted to around 70pct, whereas linden ...

Trade: Active persons with incomes over 3,000 lei most interested in buying a smartwatch in next 12 months

Tuesday, August 25, 2015

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Four out of ten Romanians declared their intention to buy, in the next 12 months a smartwatch most of whom are professionally active men and young people aged between 25 and 34, with incomes over 3,000 lei/month, according to results of a study made on a sample of 1,070 persons. At present, only 2% of Internet users in Romania own a smartwatch, although 50% of them consider such a device is very useful. The study made by iSense Solutions shows that ...

Study: 20% of Romanians in urban area use smart TVs

Tuesday, August 25, 2015

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About 20% of Romanians in the urban area have heard of smart TVs and already use it, while 70% of teenagers aged between 15 and 17 would like a smart TV, according to a study made by GfK Romania on the use of new digital technologies. Smart TVs are the best known and have a high adoption degree. They are followed by cloud storing services, used by 10% of Romanians in the urban area and by 25% of people aged between 18 and ...

Cars: Study: Romanians pay an average 1,120 lei/year for car repairs. 81% of drivers choose repair shops

Tuesday, August 25, 2015

Romanians pay 1,120 lei per year on the average for car repairs and women pay more than men for this kind of service, according to a study made by a specialised website released on Wednesday. According to the study, most Romanians (81%) choose to repair their cars in repair shops, 15% use private mechanics and the rest of 5% do it themselves. In fact, those who choose to repair their cars themselves pay an average of 782 lei/year, while the average ...

Tourism: Agencies expect boom of tourists going to Greece in 2016 and recommend early booking

Tuesday, August 25, 2015

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The number of tourists, Romanians included, who will spend their vacation in Greece in 2016 will grow, agencies estimating a real boom. We expect an important increase of the number of tourists who will spend their vacations in Greece in 2016, and for that hotel owners will apply a price increase of only 3-5% and just in rare cases of 10%. Greece is not a destination in which tourists have to worry as the banking system is back to normal. Tourists were ...

Real estate: DTZ Report: Developers counted on opening commercial centres in first semester

Tuesday, August 25, 2015

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Real estate developers counted on the opening of commercial centres in the first half of the year, when the stock of modern retail spaces in Romania exceeded 3 million square meters, according to a DTZ Echinox report. At the end of June commercial centres represented 60% of stock, retail parks 25% while the 15% difference represents commercial galleries. In the first half of the year, two commercial centres were completed - Mega ...

Non occupation rate: 4% in dominant projects, 10-15% in secondary projects and 20-25% in tertiary ones

Tuesday, August 25, 2015

The level of primary rents was established in the last four years and there will be no significant changes this year. Starting with quarter 4 some pressure is expected on the prime renting level, considering that commercial areas of 100 sq.m., located on the ground floor of dominant commercial centres are more and more limited, the number of new entrances is growing and retailers - especially fashion brands - report solid sales increases. At the end of ...

The real estate market is gradually recovering. More and more Romanians are willing to buy houses still in drafting stage

Tuesday, August 25, 2015

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5% increase for the real estate market by the end of the year in terms of prices and number of transactions According to RE/MAX Romania press release sent to ACTMedia, world leader in real estate and number one global franchise on this segment, this year’s first half brought a fresh perspective on the real estate market in Romania, seeing a ...

Agriculture : Forest fruits in the mountaineous regions, a product exported with success on the European market

Tuesday, August 18, 2015

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The Forestry department Maramuresti estimates this autumn they could export over 100 tons of forest fruits – blackberries, raspberries, - on the European market.The campaign of picking the forest fruits started with the help of inhabitants in the villages in Maramures county. Forest fruits are considered an ecological product as they come from the mountaineous areas which are protected from pollution. ‘The picking of ...

Minister Constantin: the total wheat production is "slightly better" than the one of 2014

Tuesday, August 18, 2015

The crops sown last autumn for which the harvest is finished had not very big losses due to drought, Agriculture and Rural Development Minister Daniel Constantin said on Monday, adding that the total wheat production is "slightly better" than the one of ...

Trade: Chiritoiu (Competition Council): Big retailers decrease food prices by 12.8pct after VAT reduction

Tuesday, August 18, 2015

Big retailers reduced the prices of foodstuffs by 12.8pct and traditional stores by 9.1pct after the value-added tax on food was slashed from 24pct to 9pct, Competition Council Chairman Bogdan Chiritoiu told Agerpres. "Following the reduction in VAT on food on June 1, prices have gone down both in traditional trade as well as in the modern one: 12.8pct in ...

Food prices in Romania decreased by 1.17 percent in July

Tuesday, August 18, 2015

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Food prices in Romania decreased by 1.17 percent on the average in July, on a June basis, and by 7.25pct year-on-year, according to data released on Tuesday by the National Institute of Statistics ...

GfK survey: Romania's durables market rose to 449 million euros in Q2 2015

Tuesday, August 18, 2015

Romania's durables market rose to 449 million euros in Q2 2015, up by 6.4pct compared to the same period of the previous year, with telecom sector having recorded the highest increase in sales, of over 15pct, show the data of GfK TEMAX Romania survey, released on Monday. On the other hand, the electronics sector recorded a surprising drop in sales of 3.3pct in Q2 ...

Real Estate: Acquisitions spur New Europe Property Investments: Growing its exposure in the Romania market

Tuesday, August 18, 2015

Acquisitions and property developments across Romania-focused shopping centre owner New Europe Property Investments (NEPI) buoyed the counter to report a 24% increase in distributable earnings for the six months to June 30. The rand hedge counter, with a market capitalisation of R39 billion, has declared a distribution to shareholders of €18.17 cents per share. NEPI says its earnings were also due in part to the performance ...

Cars: Ferrari, Lancia, Lamborghini and McLaren registred in July

Tuesday, August 18, 2015

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 Such luxury cars as Ferrari, Lancia, Lamborghini and McLaren got to the garages of Romanian owners in July, shows the statistics drawn up by the Directorate for Driving Licences and Vehicle ...

Infrastructure :  Traffic on the Sibiu airport increased by over 32 percent in H1 of the year

Tuesday, August 18, 2015

 Traffic on the Sibiu airport increased by over 32 percent in the first half of the year, shows the latest report published by the airport trade body Airport Council International (ACI) Europe, which includes statistical data for all types of civil aviation passenger flights on European airports: network, low cost, charter and ...

Henri Coanda Airport ranked No. 4 among European airports with highest air traffic growth

Tuesday, August 18, 2015

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Airports Council International ranked Henri Coanda International Airport of Bucharest Europe No. 4 among the airports having recorded the highest growth of the air traffic in the first half of 2015, in the group of the airports welcoming between 5 and 10 million passengers a year. The top three airports in this group included Milan-Bergamo, Porto and Glasgow, with Budapest ranking ...

Telecom. IT : More than half of Orange Romania customers have smartphones

Tuesday, August 18, 2015

 Over 50 percent of customers of Orange Romania have smartphones and the demand for this type of mobile equipment is still high, Orange Romania's CEO Julien Ducarroz told local paper Ziarul Financiar during an interview. The market for tablets and smartphones will continue to rise this year, Ducarroz said. He expects growth to come from two main sources, namely people who do not have a smartphone and who buy one and those who have one but wish ...

Tourism : Number of Romanian tourists in Bulgaria, less by 50% this year

Tuesday, August 18, 2015

 “There is a huge drop in the number of tourists from the EU, it is of around 300,000,” Bayko Baykov, Chairperson of the Association of Bulgarian Tour Operators, said speaking in an interview with FOCUS News Agency.“Speaking in separate countries, we have stabilisation at the market in Germany, which is a relatively good index but unfortunately also the only one that calms us down. Speaking of Greece the drop is of 50%, Spain – ...

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