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Real Estate: Romania’s logistics&industrial market could set new records in 2017

Tuesday, September 26, 2017

A record level of over 300,000 sqm of logistics & industrial space was leased in the first half of 2017, according to data from real estate consultancy Cushman & Wakefield Echinox.  JLL Romania estimates the figure at over 350,000 sqm, which makes it 54 percent higher than the same period a year ago, business-review.eu reads. New demand – meaning expansions or new leasing contracts – was up by 51 percent in the first six months ...

Retail stock in Romania’s big cities to expand by 500,000 sqm until 2020

Tuesday, September 26, 2017

The modern retail spaces stock from the biggest 23 cities of Romania, with a population of over 90,000 citizen each, will increase in the next three years by approximately 500,000 sqm, with most of the development set to be recorded in Bucharest and cities from the central and western part of Romania such as Brasov, Sibiu and Timisoara, according to an analysis of Cushman & Wakefield Echinox, the real estate consultancy, business-review.eu ...

Trade: Romanians spent 2.5 billion euro on online shopping in 2017

Tuesday, September 26, 2017

Romanians spent 2.5 billion euro on online shopping in 2017, the average price of a purchase being around 60 euro, shows a market study released on Thursday by an online marketing agency. According to the quoted source, this year, 61 pct of Romanian Internet users have chosen to purchase products online, while 34 pct still go shopping in offline stores. In this context, the smartphone has caught up with the desktop when it comes to shopping, ...

Infrastructure : "Avram Iancu" International Airport of Cluj recorded the passenger no. 2,000,000

Tuesday, September 26, 2017

The "Avram Iancu" International Airport of western Cluj County on Thursday recorded for the first time in its history the passenger no. 2,000,000, an event that was properly celebrated in the presence of the county ...

KeysFin: The market of transport in Romania  surpassed 10 billion euro

Tuesday, September 26, 2017

The economic growth and significant investments in the national fleet for cargo led the transports market of Romania to a historic level, surpassing last year 10 billion euro, the analysis of KeysFin showed taking into  account the data presented  by the companies to the ministry of finances and the trade registry. According to it, over 34,000 companies with 156,000 employees cover the transport of goods in the country and abroad. Romania has ...

Tourism : In Semester I 2017, the non-resident tourists arrived in Romania spent on average 2199.4 lei/person

Tuesday, September 26, 2017

In Quarter II 2017, the total number of non-residents in collective tourist accommodation*) was 759.0 thousand and their expenditure amounted per total 1619.3 million ...

Infrastructure : EU  commissionaire Corina Cretu warns: Romania can lose European funds due to the delay of transport projects

Tuesday, September 19, 2017

Romania has delays regarding the preparation of the European projects for transport and risks to lose EU funds allocated for this, warned on Wednesday the European commissionaire for regional policy Corina Cretu,in an interview offered to HotNews.One month and a half ago, Corina Cretu and other 3 European commissionaires sent to the minister of Finances Ionut Misa a letter in which they  asked him to allocate the necessary resources for the European ...

CNAIR: the target of putting into service 90 km of motorway in 2017 is maintained

Tuesday, September 19, 2017

The managing director of the National Company of Road Infrastructure Administration (CNAIR), Stefan Ionita, argues that the target of putting into service 90 km of motorway in 2017 is maintained and that it was discussed at the beginning of the year with the contractors who were promising 130 ...

Healthcare: Study: Three out of ten Romanians lost all their natural teeth

Tuesday, September 19, 2017

30% of Romanians lost all their natural teeth, three times more than the European average of 10%, a comparative study made by Dental Office Managers Association shows. The study points to a higher preoccupation shown by Romanians towards dental implant treatments, their number being three times higher than 5 years ago. While over 2008-2012, 31% of patients who visited a dentist requested dental implant treatments and 1,300 such ...

Romania has only 500 doctors for 115,000 cancer patients

Tuesday, September 19, 2017

A total of 495 doctors and residents specializing in oncology work in Romania, according to 2016 data from the Health Ministry quoted by romania-insider.com. Meanwhile, the number of cancer patients under treatment is close to 115,000. Most oncologists, 89, are in Cluj-Napoca, in Western Romania, while Bucharest has 50. By contrast, the county of Calarasi, in South-Eastern Romania, has only one oncology resident doctor. Iasi, in ...

Telecom.IT : Dolce Sport becomes Telekom Sport

Tuesday, September 19, 2017

Telekom Sport is the new brand under which Telekom will bring sports events, including live broadcasts, sports news and talk shows, business-review.eu reports. Telekom Sport offers sports enthusiasts a whole package of premium competitions, anytime and anywhere, live, on TV, laptop, tablet and smartphone. The channel will broadcast all UEFA Champions League and Europa League matches, all the Liga 1 and La Liga matches, the exclusively broadcasted ...

Vodafone Romania launches new My Vodafone app version

Tuesday, September 19, 2017

Vodafone Romania launched a new version of its 'My Vodafone' app that enables end-users to manage their subscriptions or prepaid accounts, telecompapaer.com informs. My Vodafone can now be used free of charge both in the country and abroad because the data traffic required to access the application is not charged. Customers who download and install the new version of the app will be able to activate a 10GB data bonus available until 30 ...

Cars: New car registrations decrease by 1.58pct in Aug., Dacia remains the most registered new car

Tuesday, September 19, 2017


The number of new car registrations decreased by 1.58 percent in August compared with the same month of the previous year, to 15,531 units, with only trailers, goods vehicles and mopeds /motorcycles showing positive developments, according to statistics with the Driving License and Vehicle Registration Directorate (DRPCIV) released on last Tuesday. According ...

Vehicle trade turnover up 6.5 pct in July

Tuesday, September 19, 2017

The turnover volume of the trade in motor vehicles and motorcycles rose in July 2017, as compared to the same period last year, both as gross series and as series adjusted depending on the number of working days and seasonality, by 6.5 pct and 9.9 pct, respectively, according to data released by the National Institute of Statistics (INS) on Wednesday. Between January 1 and July 31, 2017, Y-o-Y, the turnover volume for wholesale and retail trade, the ...

Used car registrations in the first eight months of 2017 reached 337,787 units

Tuesday, September 19, 2017

 Used car registrations in Romania in the first eight months of 2017 reached 337,787 units, increasing 75.43 percent from the same period of 2016, when a number of 192,551 vehicles were registered, as reveals the statistics of the Driving Licence and Car Registrations Directorate (DRPCIV).In this context, the number of second hand car registrations exceeded five times the number of new cars registrations, namely 68,344 units from January to the end of August ...

Tourism: Romania has taken over as vice president of WTO

Tuesday, September 19, 2017


Prime Minister Mihai Tudose announced on Wednesday, at the beginning of a government meeting, that Romania has taken over as vice president of the United States World Tourism Organization (WTO). "The second good news is in real time. Starting today, Romania holds the position of vice president at the World Tourism Organization. Congratulations to Mr Minister Dobre who is there and made the achievement," said Tudose. Romania has become a ...

Real estate: NEPI Rockcastle wants to build mall in Targu Mures in less than a year

Tuesday, September 19, 2017

NEPI Rockcastle is preparing for 2018 the development of a new commercial centre, with an area of over 50,000 square metres in Targu Mures. Construction works for the Targu Mures mall, an investment of 50 million euros, will be located at the crossroad of 1 December 1918 Blvd and Sighisoara Avenue, and will begin in the first part of 2018. The opening is planned for quarter four, 2018, according to NEPI Rockcastle representatives. The main competitor ...

Office non-occupancy rate in Bucharest falls to 9 pct in H1

Tuesday, September 19, 2017


The first half of the year saw the non-occupancy rate of offices in Bucharest drop close to 9 percent, compared with the rate of approximately 13 percent at the end of 2016 business-review.eu informs. Louis-Maxime Juhel, director of office department at BNP Paribas Real Estate Romania, said: “The high demand was registered not only in office sector, but also in retail and logistic. The office market from Bucharest has a high potential, as in the ...

Portland Trust to invest EUR 50 mln in third building at Oregon Park

Tuesday, September 19, 2017

  Real estate developer Portland Trust and the American investment fund Ares Management will invest EUR 50 million in the development of the third building at Oregon Park, the office project located in northern Bucharest, business-review.eu informs. The third office building will have a surface of 25,000 sqm and should be completed by the end of 2018. Robert Neale, the CEO of ...

Agriculture: Romanian and French wheat cargoes still in Egyptian prosecutor custody

Tuesday, September 19, 2017

 Two wheat cargoes rejected by Egypt’s agriculture quarantine service for containing poppy seeds are still in the custody of the public prosecutor and have not been released yet, Egypt’s Red Sea Port Authority said on Saturday quoted by Reuters. The agriculture minister said on Wednesday that the poppy seed variety found in the cargoes from France and Romania was not dangerous and the shipments would be released and ...

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