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Trade: GfK: Romanian market of household appliances grew to 1.9 billion euros in first 9 months of 2017

Tuesday, January 16, 2018

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Sales of household appliances in Romania grew by 12.7% in 2017 compared to the same period of 2016m to 1.887 billion euros, according to GfK Temax market study issued on last Thursday, which shows that the telecommunication sector and that of small appliances recorded the highest increases. Household appliances of long use include vacuum cleaners, refrigerators, washing machines, TV sets, computers, laptops, mobile phones, tablets, printers and photo ...

Big retailers opened fewer stores in 2017

Tuesday, January 16, 2018

The number of new stores opened by big retailers in the local market dropped by 18% compared to the previous year, influencing at the same time, the increase rate of the business figure, according to the Retailers’ Metrics, made by Cushman & Wakefield Echinox. The study analysed the  expansion rate and the evolution of the business figure of 99 retail companies operating under 120 brands in the fields FMCG, Fashion, Electric-IT, ...

Online shopping posts record growth in Romania

Tuesday, January 16, 2018

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Romanians spent some EUR 2.8 million online only in 2017, 40% more than the year before, according to estimations from local ecommerce companies, romania-insider.com informs. This is one of the highest growth rates in the EU. Online shoppers spent some EUR 7.7 million daily in Romania last year, and most of them (85%) prefer to pay cash on delivery. The amounts include only physical goods sold online, but ...

Livestock exports bring over EUR 315 million to Romaia January through September 2017

Tuesday, January 16, 2018

Romania cashed over EUR 315 million in the first three quarters of 2017 from livestock exports to the intra- and extra-community area, up by rd 15pct against the similar period of 2016, when it collected almost EUR 275 million, according to the agri-food products' trade balance .Approximately 148,717 tonnes of live animals, up by 6pct against the 140,204 tonnes exported in the similar period of 2016, were traded on the EU and third markets in the first nine months ...

Egg exports up 29pct January through September 2017

Tuesday, January 16, 2018

 Romania exported 8,715 tonnes of eggs in the first nine months of 2017, up by 29 pct as compared to the similar period of 2016, and collected cash raised by 53pct to EUR 9.555 million, according to data sent by the Ministry of Agriculture and Rural Development (MADR).On the other hand, although the egg imports from the intra- and extra-community countries were slightly lower from January to September 2017, respectively 7,808 tonnes, acquisition spending ...

Telecom.IT: Romania's smartphone sales up 9% to 4.5 mln units in 2017

Tuesday, January 16, 2018

The number of smartphones sold in 2017 in Romania increased by 9 percent to 4.5 million units, writes local paper Ziarul Financiar citing head of Samsung Romania's telecom division, Cristian Cojocaru, telecompaper.com informs. The sales' value was up 27 percent as the demand for mid and high-range smartphones  is rising. Premium models worth over EUR 600 generated 35 percent of total sales. The market value exceeds the 1 billion ...

Healthcare: PM Tudose: Public health system needs shock treatment

Tuesday, January 16, 2018

The public health system needs a "shock treatment" that should go into the medical infrastructure, state-of-the-art equipment and the motivation of specialized staff, Premier Mihai Tudose wrote on Tuesday on his Facebook page."Quality medical services imply investments: in the medical infrastructure, in up-to-date equipment, in specialized staff. The public health system needs a 'shock treatment' delivered in at least three directions," said ...

Romania among EU countries with lowest health contributions, yet citizens want quality services

Tuesday, January 16, 2018

Romania is the EU country with almost the lowest contributions paid to the health care system, yet its citizens want quality services comparable to the ones in other countries that are paying far higher amounts in this direction, which is why a public debate on this topic is needed, president of the National Health Insurance Office (CNAS) Laurentiu Mihai told a press conference on Thursday."We are talking of the health system based on social insurance in Romania ...

Infrastructure: Passenger traffic at Romania's Sibiu airport rises in 2017

Tuesday, January 16, 2018

Passenger traffic at Romania's Sibiu International Airport rose by an annual 36.6% to 533,306 in 2017, the airport operator said, seenews.com informs Aircraft landings and take-offs at Sibiu airport increased 44.4% on the year to 7,714 in 2017, the airport operator said in a statement on Friday. The most popular destinations from Sibiu in 2017 were Munich, London and Stuttgart. In November 2017, Hungarian ...

Bucharest’s airports see 17% increase in passenger traffic

Tuesday, January 16, 2018

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Bucharest’s Henri Coanda and Aurel Vlaicu international airports recorded a 16.8% increase in the total number of passengers transiting them last year, to 12.84 million, the Bucharest Airports Company announced last Wednesday, romania-insider.com ...

Government plans to construct new highway sections worth EUR 10 bln

Tuesday, January 16, 2018

PM Mihai Tudose said last Wednesday that the Government plans to construct new highway sections, projects worth EUR 10 billion, business-review.eu reads. “We will take Romania higher than it has been for 27 years, with a highway from Ungheni to Iasi, in Oituz area up to Brasov, and from there to connect it with the rest of the areas, a highway that will make it easier to leave the country. Afterwards, a fast road or a highway that starts ...

Real Estate: Real estate, currently over-evaluated by 20-25%

Tuesday, January 16, 2018

Real estate is over-evaluated by 20-25% at the moment, and the "First Home" programme should be stopped gradually, says Iancu Guda, President of the Association of Financial-Banking Analysts of Romania (AAFBR)."Now I see real estate over-evaluated somewhere at 20-25%. If you make an average calculation of the rent that can be earned on the square meter for ten years, with a 90% occupancy rate and reinvesting the rent at a realistic annualized yield of 3% on a ...

Trading with land surpassed 350 million euro last year: 70% of the value belonged to the capital city

Tuesday, January 16, 2018

The total value of the trading with land for residence projects (except for the industrial sector) increased significantly in 2017 against 2016, surpassing the threshold of 350 million euro at national level, approximately 70% of this value belonging to the capital city, where land tradings for residential developments represented more than half of the investment volume, according to a specialty ...

The Romanians made almost 628,000  real estate tradings last year, out of which almost 20% in Bucharest and Ilfov

Tuesday, January 16, 2018

The number of real estate tradings registered last year in Romania was 627,802 out of which 19.8% only in Bucharest and Ilfov, show the data sent by the National Agency for Cadaster and Real Estate Publicity (ANCPI). Thus, in 2017, the most numerous sales of residences were registered in Bucharest – 82,477, Cluj – 43,774 and Ilfov – 41,687.The counties with the fewest residences sold during the same period are Teleorman – 4,470, ...

Tourism : Greece and Turkey are the main holiday destinations chosen in 2018 by Romanian families with children

Tuesday, January 16, 2018

Greece and Turkey are the main holiday destinations chosen in 2018 by Romanian families with children. Photographies from holidays in Africa, South America or Asia, posted on internet determine more and more Romanians to choose exotic destinations, says Cristian Pandel, president of the Christian Tour’s board, one of the most important tourism agencies in Romania. “Romanian tourists will travel more and more in exotic areas. It will be ...

Hilton opens first Garden Inn hotel in Romania

Tuesday, January 16, 2018

Hilton, one of the biggest hotel groups in the world, has officially opened its first Garden Inn hotel in Romania, romania-insider.com reports. The four-star hotel is located in Bucharest’s Old Town, next to Romania’s National Bank (BNR) headquarters. “As the number of tourists in Romania has been growing each year, we are delighted to open the first Hilton Garden Inn in the very heart of ...

Cars: Rd 519,000 second-hand, almost 106,000 new automobiles registered in Romania in 2017

Tuesday, January 16, 2018

Around 106,000 new automobiles were registered in 2017 in Romania, up by 10.71pct against the same period of 2016, while the second-hand automobiles registered the long of the year was almost 519,000 units, up by 74.55pct as compared to the same period, shows data released by the Driving Licenses and Vehicle Registration Department (DRPCIV). According to the source, Dacia ranks first among the brands with most all-year registrations, with 29,974 units ...

Agriculture : USDA: Large grain production, a problem for Romania because of transport infrastructure

Tuesday, January 16, 2018

Favorable weather, government subsidies, proper fertilizer management and disease prevention boosted Romanian winter and summer-crop production in 2017, USDA Foreign ...

Real Estate: Sale of apartments increased the prices over 10% in 2017, up to 1,160 euro/sqm

Tuesday, January 9, 2018

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Prices for apartments for sale in Romania (both new and old) continued their upwards trend in 2017, due to the increased appetite for acquisitions, and the expectations of the owners increased by 10.48% in the last 12 months, from 1,050 euro/sqm in December 2016 up to 1,160 euro/sqm, in December 2017 according to a specialty analysis.After three quarters of increase (+4 in Q1, +2.56% in Q2 and +4.38 in Q3) the average sum requested for an apartment at national ...

Tourism: Ski infrastructure in Romania: only one ski run longer than 4 km

Tuesday, January 9, 2018

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The ski domain in Romania is made of 189 homologated ski runs with a total length of 164 km, two of which authorised this year but not homologated yet, according to data sent by Ministry of Tourism officials to ZF. Only 55 ski slopes are over 1 km long, two are over 3 km long and only one is more than 4 km long. Most runs are very short and expect snow as they do not have snow guns. One of the two new ski slopes authorised by ...

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