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Romania's fixed broadband connections up 5% to 4.3 mln in H1

Tuesday, October 25, 2016

Broadband fixed connections in Romania rose by 5 percent y-on-y to 4.3 million connections in H1, according to a report by quoted by telecompaper.com. Among these, more than a half (56 percent) have speeds of at least 100Mbps, 31 percent of between 10Mbps and 100Mbps, and only 13 percent enable speeds of 10Mbps or below. With an average maximum internet access speed of 84.2 Mbps over fixed internet access connections, Romania ranks first in Europe, according to the Akamai ...

Over 3.3 ml phone numbers ported since service rolled out in 2008

Tuesday, October 25, 2016

 More than 3.3 million phone numbers switched to a different provider in the past eight years, president of the National Communications Administration and Regulation Authority (ANCOM) Catalin Marinescu said in a release on Thursday. "The users could benefit from the best offers tailored to their needs while also having at their disposal a tool for ...

Agriculture : Romania's 2016 flatfish quota stayed at 43.2 tonnes

Tuesday, October 25, 2016

Aquaculture has earmarked more than half of the European funds under the 2014-2020 operational programme maritime affairs and fisheries, Chairman of Romania's National Fisheries and Aquaculture Agency (ANPA) Nicolae Dimulescu said Monday. "There are sizeable funds for fisheries and aquaculture for the period immediately ahead, some 209 million euros that include Romania's contribution, half of which is earmarked for aquaculture. We want to develop mariculture ...

Romania to post world's highest wine production growth in 2016 - OIV

Tuesday, October 25, 2016

As worldwide wine production is projected to fall by 5% in 2016, Romania's wine production is estimated to increase by 37% this year, the world's highest growth, the International Organization of Vine and Wine (OIV) said on Thursday, quoted by seenews.com. Following two poor harvests in 2014 and 2015, Romania's wine production is seen reaching 4.9 million hectolitres (mhl). According to OIV's estimates, Romania produced 3.7 mhl in 2014 and 3.5 mhl in ...

In July 2016 wheat exports were 140% higher than last year

Tuesday, October 25, 2016

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New wheat export season started better for Romania than the previous 2015/16, informs UkrAgroConsult quoted by blackseagrain.net. Over the first month of 2016/17 Romania exported second largest volume of wheat for the ...

Infrastructure: Bucharest airports in European top 5 for traffic growth

Tuesday, October 25, 2016

The two Bucharest airports, Henri Coanda and Aurel Vlaicu, were included by Airports Council International- Europe, in European top 5 of airports with biggest air traffic increase in August 2016, according to Bucharest Airports National Company (CNAB). “For the airport category with 5-10 million passengers a year, Henri Coanda Airport, with 17% air traffic increase, ranked 4th, after Berlin Schoenefeld, Larnaca and Tenerife ...

Real estate: Construction market to face crisis if banks limit access to credits (study)

Tuesday, October 25, 2016

The construction market in Romania will be faced with a crisis similar to that of 2011-2013, in case banks continue to limit the Romanians’ access to credits, KeysFin analysts warn in a study on the situation of the construction market in Romania. “Effects will be seen at general level in economy, because the construction sector deals with a significant number of other businesses. 3,146 companies in the field of constructions were declared ...

British Romanian Partnership to invest 10 mln euro in Bucharest residential complex

Tuesday, October 25, 2016

British Romanian Investment Partnership (BRIP) company, part of UK investment fund ARDC, said on Monday it will invest 10 million euro ($11.9 million) in its second residential project in Bucharest, seenews.com informs. The compound, New Residence Bucharest, will be based in the Romanian capital city's District 6 and will comprise 216 apartments. The residential complex will also have a private park, social club, parking space, 14 stores, one ...

Trade: Romanians drink one cup coffee a day, compared to 4-5 in Northern countries

Tuesday, October 25, 2016

The coffee machine market is growing, our estimates indicating that there are about 100,000 such machines, said Ovidiu Tunaru, country business manager Nestle Professional Romania. However, Romanians drink four cups of coffee less a day than a citizen in a northern country. “Machines can be seen anywhere, in supermarkets, offices, public areas, train and bus stations. There is place for growth and everybody tries to place more machines,” ...

Trade: Veranda Mall opens in Bucharest on October 27

Tuesday, October 18, 2016

Veranda Mall will open in Bucur Obor area in Bucharest on October 27, according to the Facebook page of the mall. The mall, controlled by Pogonaru family follows the inauguration of another one in Park Lake, Titan area. Veranda will have an area if 30,000 square metres for rental. The main stores will be Carrefour hypermarket (10,000 sq.m) and H&M (2,200 sq.m) surrounded by over 100 shops, restaurants and coffee shops. Among ...

One out of three Romanians made online purchases at least once

Tuesday, October 18, 2016

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A Romanian out of three made at least one purchase online and made on the average, 8.2 purchases in 2015, according to a press release of organizers of Meet Magento Romania conferences. “The value of online trade in Romania has grown from 1.1 billion euros in 2014 to over 1.4 billion euros in 2015. Eleven million Romanians have Internet access and of them, 6.7 millions purchased online products at least once. Although most of them prefer to do ...

The Romanians are the last in the EU for the daily consumption of fruit and vegetables

Tuesday, October 18, 2016

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Over two thirds of the Romanians aged over 15 (65.1%)do not consume daily fruit and vegetables, which makes them be last in the EU at this chapter, shows a study published on Friday by the European Statistics Office (Eurostat) which relies on the data of 2014. Close to the Romanians are the Bulgarians, more than half of the population of the neighbouring country (58.6%) stated that they did not consume fruit and vegetables daily. At the other end, ...

Agriculture: The  quantity  of  cow’s  milk  collected  by  processing  units  in  August  2016 up 5.5% from August 2015 

Tuesday, October 18, 2016

The  quantity  of  cow’s  milk  collected  by  processing  units  from  agricultural  holdings  and collection centres in August 2016 decreased by 2.9% compared to July 2016 and was up 5.5%  from August 2015.  The  quantity  of  ...

Agricultural production dropped by 6.8 percent in 2015

Tuesday, October 18, 2016

The agricultural production dropped by 6.8 percent in 2015 compared to the previous year, to 68.75 billion lei, because of the crop production decline by 10.7 percent, according to the final data published on Friday by the National Institute of Statistics ...

Minister Irimescu: Romanians prefer homegrown products

Tuesday, October 18, 2016

The Ministry of Agriculture and Rural Development (MADR) will complete by the end of the year, together with the producers, the list and the requirements for fresh foods, which will complement the amendments to Law No. 321/2009 on the marketing of foods, because currently juices, energy drinks and vegetable stew can also be included in this ...

Cars: Romanian vehicle market recorded in September 2016, an annual advance of 62.7 percent

Tuesday, October 18, 2016

Romanian vehicle market recorded in September 2016, an annual advance of 62.7 percent, the highest percentage growth in Europe, 9,361 new passenger cars registrations were recorded compared to 5,752 units recorded in September 2015, the European Automobile Manufacturers Association (ACEA) data published on Friday ...

September used car registrations topped 222,859 units

Tuesday, October 18, 2016

September used car registrations topped 222,859 units, advancing 24.15 percent y-o-y, shows data released by the Driving Licenses and Vehicle Registration Department (DRPCIV). According to official data, as of end-September there were ...

Infrastructure : EC approved the allotment of 226.6 million euro for the project "The rehabilitation of the Bucharest - Constanta railway"

Tuesday, October 18, 2016

The European Commission has recently approved the allotment of 226.6 million euro from the cohesion fund for the retrospective project "The rehabilitation of the Bucharest - Constanta railway, the Bucharest North - Bucharest Baneasa and Fetesti - Constanta sectors," according to an EC release sent on ...

Romania and Slovakia, EU leaders in the passenger plane transport growth

Tuesday, October 18, 2016

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Over 900 million passengers traveled by plane in the EU in 2015, which is 4.7 percent more than in 2014, and Romania and Slovakia are leaders among the EU members in passenger plane transport growth, with 15.3 percent, respectively 16.3 percent, according to Eurostat quoted by business-review.eu. In absolute numbers, a quarter of the passengers traveling by plane in EU in 2015 were registered in UK (232 million), followed by Germany (194 million), ...

Alstom test train delivered to Romania

Tuesday, October 18, 2016

A new Alstom Coradia Polyvalent regional train has reached Romania as part of the Sighi?oara-Simeria signalling rehabilitation project, globalrailnews.com reads. The contract to carry out extensive modernisation and signalling works on the 170km stretch of railway between Sighi?oara and Simeria via Co?lariu was awarded by CFR Infrastructura to Alstom, Alcatel-Lucent (now Nokia) and Pas 97 Impex in 2014. Installing the new ...

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