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Report: nearly 5 million Romanian adults are smoking tobacco

Tuesday, November 29, 2016

Tobacco consumption is high in Romania, with nearly 5 million Romanian adults smoking tobacco, which justifies the recommendation of increasing the excise duties on cigarettes from 60 percent to 65 percent, according to a report on economic aspects of the use, production and taxation of tobacco products in Romania. "An increase in excise duties on tobacco to 65 percent of the retail prices would lead to 400,000 smoking adults quitting smoking, while boosting ...

Telecom.IT: Romania's IT sector might reach 5 billion euros in business turnover in 2020

Tuesday, November 29, 2016

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Romania's IT sector might reach 5 billion euros in business turnover in 2020, Romania's President Klaus Iohannis said Tuesday in the eastern city of Iasi He told a debate called "New Iasi. Moldavia's capital city as a major technology growth pole in Romania" that information technology is "an area with major implications for Romania's development." "Current data indicate that your industry is significantly contributing toward the development ...

Agriculture : Romania exported two times less corn in 2015/16 season

Tuesday, November 29, 2016

In August 2016 Romania exported 91 KMT of corn (111 KMT in July 2016), which was 54% lower compared to record shipments in August 2015 (199 KMT), reports UkrAgroConsult. Lebanon, ...

Trade: Romanians can access "The Price Monitor" to compare prices of basic food products

Tuesday, November 29, 2016

Romanians can access, starting with Thursday, "The Price Monitor," the platform that gives buyers the possibility to compare prices of basic food products sold by retailers. In the first phase, the platform will be tested for a year in Bucharest city, and subsequently it will be launched for stores across the country. "The Price Monitor" contains comparative prices for 128 products out of 64 basic food categories. On the list ...

IT market drops to 275 million euros in first 9 months (study)

Tuesday, November 22, 2016

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The IT market dropped by 13% in the first 9 months of the year, compared to the same period of 2015, to 275 million euros, a GfK Temax study shows. A bigger drop was recorded by the photo market - 14.2% to 16 million euros. The printer and multifunctional device market dropped by 0.4% over January- September 2016, to 45 million euros. The large household appliance market grew the most by 26.2% to 384 million euros, followed by ...

Vodafone Romania offers free social media to new subs

Tuesday, November 22, 2016

Vodafone Romania kicked off a promotion whereby customers who renew subscriptions starting with Red 14 receive unlimited access at no additional cost to social media websites such as Facebook, Whatsapp, Messenger, Instagram, Twitter, Snapchat, Tumblr, Viber, Message+, and Pinterest, among others, telecompaper.com reads. Vodafone Romania's portfolio was also expanded with a commercial package for families named Super Red Trio. The package consists of ...

Telekom Romania renews mobile portfolio for business subs

Tuesday, November 22, 2016

Telekom Romania introduced an enhanced mobile portfolio for business customers which a 4G/LTE experience, more data traffic, extra benefits in roaming, plus secured data with Norton Security Online included in the subscription, telecompaper.com informs. Eight different tariff plans with prices ranging from EUR 3 to EUR 55, VAT excluded, are included in the new Business Office portfolio. Depending on the tariff plan, customers get various benefits ...

Infrastructure : Ciolos: works are underway an almost all sites, including 300 kilometers of motorway

Tuesday, November 22, 2016

Premier Dacian Ciolos said on Thursday that had the previous government prepared enough projects, there would have been longer motorway stretches to open to traffic this year. "Opening and ribbon-cutting ceremonies are not my passion, but then again, had the previous government duly prepared the projects, we would have had longer motorway stretches to open. More than that, we had to repair the motorway segments inaugurated by the previous government in ...

Tender for the feasibility study for the Targu Mures-Iasi-Ungheni motorway will be launched by the end of 2016

Tuesday, November 22, 2016

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Prime Minister Dacian Ciolos assured that the tender for the feasibility study and the engineering project for the Targu Mures-Iasi-Ungheni motorway will be launched by the end of the current government's term in office. Ciolos said on Friday, at the end of a meeting with Iasi businesspeople, that he hopes the procurement procedure is completed until next summer. "We are preparing the launch of this project by the end of this government's ...

Minister Buse: another 15 kilometers of highway will be inaugurated in 2017

Tuesday, November 22, 2016

Transport Minister Petru Sorin Buse stated on Friday that until the end of this year another 15 kilometers of highway will be inaugurated, and the next year the figures will rise to 150 kilometers. "This year another 15 kilometers of the Lugoj- Deva highway will be opened, around 15 December. I was there, the works are in an advanced state. For 2017 we are talking about 150 kilometers of highway, namely the Lugoj-Deva, Sebes-Turda section, and additionally 26 ...

Real Estate: Prices of homes remained stable in the last year

Tuesday, November 22, 2016

 Prices of homes remained stable in the last year, and the stability trend might be kept in the following two or three years, Managing Partner at ESOP Consulting/ CORFAC International Alexandru Petrescu, who is currently attending the Bucharest Real Estate Showroom (SIB) said on Friday."Prices remained stable this year. There weren't any large fluctuations, nor high increases and neither high declines. They remained on the mass market segment, somewhere to ...

Tourism: Number of foreign tourists grew by 20% in 2016

Tuesday, November 22, 2016

The number of foreign tourists who visited Romania this year amounts to about 1,3 millions, which represents an increase of about 20% compared to 2015, the vice-president of the Federation of Patrons in Romanian Tourism (FPTR), Gheorghe Fodoreanu declared on Tuesday. Most tourists are from Germany, followed by France, England, Italy and Spain, the increase estimated for this year in the field is considered “impressive” in past years, when ...

Number of tourists spending holidays in Romania has grown by 65% in last five years

Tuesday, November 22, 2016

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The number of Romanian and foreign tourists who spend their holidays in Romania has grown by 65% in the last five years, exceeding ten millions and in 2016 the biggest development of the last ten years will be registered, according to a BIBI Tourism Touroperator press release. “For 2016 we estimate an increase of over 30% of the market compared to the previous year,”said Adrian Voican, general manager of BIBI Touring ...

Romania has to be placed back on the world map of tourism

Tuesday, November 22, 2016

Romania has to be placed back on the world map of tourism, as it once was, but to do that Romanians believing in sacrifices are needed, Chairman of the Federation of Romania's Travel Employers (FPTR) Mohammad Murad told the 2016 edition of the Romanian Travel Gala. "It is a great pleasure being in the service of the country. Romanians are needed who believe in sacrifices and hard work, who believe the future is on their side. We want to take stock of the good ...

Agriculture: Iohannis promulgates law on food waste

Tuesday, November 22, 2016

Romanian President Klaus Iohannis promulgated the law on food waste, which provides that companies need to donate or sell at lower prices the food products that are close to expire. The bill imposed sanctions of up to RON 10,000 (EUR 2,200) for the companies that will not respect the ...

Romania continues to import wheat processed products at record high pace

Tuesday, November 22, 2016

In 2015/16 (July-June) Romania imported 140 KMT of wheat flour, which was 3% higher than in the previous season, despite a 6% rise in wheat crop compared to 2014/15, ...

Value of food imports up 11% compared to last year

Tuesday, November 22, 2016

The difference in value between Romania's imports and exports of food products reached almost 500 million Euro, freshplaza.com reads. This is 7 times more than in the same period last year. The situation is even more worrying considering that the situation in 2013 and 2014 was exactly the opposite, with more local food sold than imported products. In the first 7 months of this year, Romania imported food worth 3.5 billion Euro; this is 11 percent more ...

Cars: Dacia sales dropped by 1.9% in October

Tuesday, November 22, 2016

Sales of Dacia cars recorded a drop of 1.9% in Europe (EU plus EFTA), the car manufacturer’s market share being 2.6%, according to statistics of the European Automobile Manufacturers Association (EAMA) published on Thursday. 29,269 Dacia cars were registered in Europe last month compared to October 2015 (29,847 units). The French groups Renault and PSA Peugeot Citroen ...

115,000 new vehicles were sold in Romania in the first 10 months of 2016

Tuesday, November 22, 2016

Almost 115,000 new vehicles were sold in Romania in the first 10 months of the year, a figure by 17.5 percent higher from the same period of 2015, while the domestic car production diminished by 8.3 percent to 301,538 units, reveals data of the Automotive Manufacturers and Importers Association (APIA) released on Thursday. According to the statistics, in the interval January - October, of the more than 301,000 new vehicles produced in Romania, 266,590 were ...

Healthcare: Romania is the second country in Europe for antibiotic consumption

Tuesday, November 22, 2016

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Romania is the second country in Europe for the consumption of antibiotics with 600,000 Romanians undergoing such a treatment, Gabriel Popescu, councillor of the health minister declared on Friday at a press conference. “There is a direct connection between the consumption of antibiotics and bacteria resistance. The higher antibiotic consumption is , the more the bacteria resistance to antibiotics. This year we made more steps to limit the size ...

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