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Eurostat: Romania, the lowest expenditure per capita inhabitant in the European Union on health in 2015

Tuesday, August 29, 2017

 Romania's expenditure on health in 2015 was standing at 340 euros per capita inhabitant, the lowest such expenditure in the European Union, where the average was 600 euros per inhabitant, according to statistics released on Friday by the EU's official statistics office ...

Tourism: Eurostat: Romania is the 15th in the EU according to the capacity of touristic accommodation, after Hungary and Bulgaria

Tuesday, August 29, 2017

Romania is the 15th in the  EU depending on the touristic capacity with 326,098 beds available in hotels and other accommodation entitites in 2016, being after Hungary and Bulgaria,show the data published on Monday by the European Office for Statistics Eurostat, according to whom the first are France, Italy and Spain. The number of  beds available in accommodation entitites in Romania increased slightly against the level of 325,841 in 2015 ...

Real Estate: The average asking rent for a studio apartment in Bucharest, up 4.58 percent în 2017

Tuesday, August 22, 2017

The average asking rent for a studio apartment in Bucharest reached around 228 euro per month in 2017, up 4.58 percent from 218 euro in 2016 and 1.83 percent higher compared to 2012, when it stood at 222 euro; the current residential rent costs are at a five-year peak, reveals a survey by ...

Value of real estate deals in Romania, up 43% in H1

Tuesday, August 22, 2017

The total value of real estate deals in Romania reached EUR 530 million in the first half of this year, up 43% over the same period last year, according to a report C&W Echinox published last week, romania-insider.com reads The local market recorded the sale of six portfolios of shopping centers. Atterbury acquired a 50% stake in four Iulius Mall shopping centers, while Mitiska bought a stake of 50% in a portfolio of eight ...

Number of employees in Bucharest’s modern office buildings up by 25 pct in past 2 years

Tuesday, August 22, 2017

According to a study by C&W Echinox, in the past two years the number of employees in Bucharest increased by 25 percent and stands at 240,000. Moreover, the study shows, the number could go up to 250,000 by the end of 2017. In the first half of 2017, the number of employees working in modern office spaces went up by 6,100. Pipera South (Dimitrie Pompeiu), Barbu Vacarescu – Floreasca and the West are still the locations ...

Agriculture: 100 new traditional products with European recognition potential identified

Tuesday, August 22, 2017


Specialists from County Agriculture departments have identified 300 products in Romania which could be included in  national and European quality systems.Of them, 100 are potential products with names that can access European quality systems, the Ministry of Agriculture and Rural Development (MADR) announced on Friday, in a press release. According to MADR 20 products identified at events held over March-August, are in the attention of the ...

Arad: Transactions with farming land doubled against 2016

Tuesday, August 22, 2017


The number of transactions with farming land doubled in the past year in Arad county, where over 18,000 cintracted  were signed, many acquisitions being made by foreigners who now control about 20% of the county’s tillable area. Land in the field area of the county was sold with 12,000 euros/ha, while the average price is 7,000 euros, 15% more than in 2016. Representatives of Arad Farming department told News.ro that since the appearance of ...

Cereals and  cereal products ensured 40.5% of the calories to the household members last year

Tuesday, August 22, 2017

Cereals and cereal products ensured to the households 40.5% of the number of calories last  year dropping by 0.4 percentage points against 2015, a publication of the INS shows. ‘This percentage is high in housholds with self-employed workers in non-agricultural domains, farmers and unemployed, varying between 43% in unemployed families and 39.9% in employed families. In the same category  of food, on average for the whole of the ...

Romania’s corn production could fall by 4 pc this year due to heat

Tuesday, August 22, 2017

Romania’s corn production is expected to fall by 4 percent this year due to the warmer-than-normal air temperatures which dominated the country this mid-July in west and southwest , UkrAgroConsult’s “Black Sea Grain & Oil” report shows quoted by romaniajournal.ro. This could happen even if the cultivated area was higher compared to last year. The estimated production and average productivity will be ...

Trade: GfK: The durable goods market in Romania grew by 10.5 pc in H1

Tuesday, August 22, 2017

Sales of durable goods in Romania grew by 10.5 percent in the first half of this year over the same period in 2016 to EUR 1.177 billion, according to GfK Temax study, which also shows that the telecom and the small household appliances sector recorded the highest increases of 19.1 percent over the same period in 2016., romaniajournal.ro informs. In the durable goods category are products such as vacuum cleaners, refrigerators, washing machines, TVs, ...

Romania imported 42,600 tons of poultry in the first four months of 2017

Tuesday, August 22, 2017


 Romania imported 42,600 tons of poultry in the first four months of this year, up 6 pct as compared to the similar period in 2016, while exports were 2.4 times lower in the same period, of only 17,600 tons respectively, according to the trade balance in agrifood ...

Cars: Green car sales reached 1,237 units in the first seven months of 2017

Tuesday, August 22, 2017

Green car sales (hybrid and one hundred-percent electric) reached 1,237 units in the first seven months of the year, having almost tripled (+ 210.48 pct) as compared to the same period of 2016, according to statistics with the Association of Automobile Manufacturers and Importers ...

Telecom. IT : Romania has fifth fastest broadband internet in world

Tuesday, August 22, 2017


Romania is among the countries with the fastest fixed broadband internet, according to the latest statistics published by Ookla, the company behind the Speedtest platform. According to the Speedtest Global Index, which ranks countries by mobile and fixed broadband internet speed, Romania was ranked fifth in July on fixed broadband with a speed of 91.48 Mbs on download and 67.60 on upload. On mobile, the country came was ranked ...

Healthcare:PRIMER: Double fiscal taxes, cause disappearance of Romanian made medicines

Tuesday, August 22, 2017


PRIMER (Organization of Industrial Medicine Manufacturers in Romania) warn that double fiscal taxes applied as of 2009 is the only cause of disappearance of medicines produced in Romania. Of the 1,000 medicines to which double taxes have been applied and which cost less than 25 lei in pharmacies and hospitals, less than 200 are not profitable because of over taxation, says Dragos Damian, PRIMER manager. PRIMER warn that Romanian medicine factories have ...

Tourism : Orbis Hotel Group to open first ibis Styles in Bucharest in 2018

Tuesday, August 22, 2017

Orbis Hotel Group, strategic partner of world-leading travel and lifestyle group AccorHotels in Eastern Europe expands its network of hotels by signing a management agreement for an ibis Styles hotel in Bucharest with local partner and investor, Constructii Erbasu, business-review.eu informs.   Following its full renovation, the existing building, located in the Pipera-Aurel Vlaicu area, Bucharest’s business ...

Infrastructure : Transgreen, a 2.48-million-euro project to build green transport infrastructure in the Carpathian area

Tuesday, August 15, 2017

Romania has become a partner in the Transgreen project, an initiative financed by about 2.48 million euro, which aims to develop in the Carpathians motorway and railway infrastructure that will have a low impact on the environment, according to WWF-Romania, a project partner organisation. The Transgreen project officially started on January 1, 2017 and is ...

Wizz Air Announces Massive Expansion in Iasi

Tuesday, August 15, 2017

Wizz Air on August 11 announced that it will further expand its Iasi operations, adding a second Airbus A320 aircraft at its Iasi base in April 2018, finchannel.com reads. At the same time WIZZ will launch six long-awaited routes from Iasi to Eindhoven (Netherlands), Dortmund (Germany), Thessaloniki (Greece), Billund (Denmark), Malmo (Sweden) and Paris Beauvais (France). The new connections together with the weekly frequencies increase of the popular ...

Works at a new Danube bridge might start in 2018 in Giurgiu

Tuesday, August 15, 2017

Executive Chairman of the Social Democratic Party (PSD), Senator Niculae Badalau, on Thursday told a press conference that works at a new Danube bridge might start in 2018 in Giurgiu, with Chinese companies carrying out the ...

Telecom.IT : Romania, in Europe’s gray area on the digitalisation map in tax administration

Tuesday, August 15, 2017


Along with Bulgaria and Malta, Romania is lagging behind the digitalisation processes of administrative-fiscal procedures, such as conducting electronic tax audits (E-audit), Deloitte Romania survey reveals quoted by romaniajournal.ro. Thus, the most advanced countries in the digitalisation field in tax administration processes are Austria, Lithuania, Slovenia, Hungary, Portugal and Poland, which have implemented both Standard Audit File for Tax ...

AKTA to enter the domestic mobile phone market as of August 15

Tuesday, August 15, 2017

Romanian telecom operator Digital Cable Systems (DCS), operating under AKTA brand, has signed a MVNO – Mobile Virtual Network Operator – contract with Telekom Romania Mobile Communications and will launch mobile services, capital.ro informs quoted by romaniajournal.ro. Thus, AKTA enters the domestic mobile phone market, as of August 15, offering also analogue and digital television services, fixed telephony and internet. Its mobile phone ...

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