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Romania imported foodstuff worth EUR 3.2bn in H1

Tuesday, August 15, 2017


In the first semester of 2017, Romania’s imports totalled EUR 36.7 billion, of which 8.8% were foodstuff imports – EUR 3.2 billion, romaniajournal.ro reports. Such a level hasn’t been recorded after 1989 and it is double against H1 2008, official statistics reveal. Data released on Wednesday by the National Statistics Institute (INS) show that Romania’s agro-food exports in H1 2017 were worth only EUR 2.1 billion, resulting in a ...

The  quantity  of  cow’s  milk  collected  by  processing  units in June 2017 up 13.7% from June 2016 

Tuesday, August 15, 2017

-The  quantity  of  cow’s  milk  collected  by  processing  units  from  agricultural  holdings  and  collection centres in  June 2017 decreased by 1.2% compared  to May 2017 and was up 13.7%  from June 2016. The  quantity  of  cow’s  milk  collected  by processing  ...

Tourism : New hotel brands could launch in Romania in partnership with real estate developers

Tuesday, August 15, 2017


The hotel market in Romania could go through a diversification process in the next year, as new brands are looking to close leasing contracts or partnerships with real estate developers for management and franchising contracts, according to real estate consultancy Colliers International, business-review.eu informs. The company says that the hospitality industry in Romania has expanded in the past three years from the point of view of occupancy rates ...

Healthcare: Diseases placing Romania on top of EU black statistics

Tuesday, August 8, 2017


About 4 million Romanians died in the last ten years for medical causes, about 2.4 millions being killed by three diseases. Cardiovascular diseases are the main cause of death among Romanians, the most frequent being ischemic heart disease, according to data published by the National Statistics Institute (INS). Tumours, followed by digestive diseases rank second in the case of death causing diseases in Romania. Endocrine diseases, such as diabetes, rank 9th, after deaths ...

FIC warns that Romania’s healthcare system must be a priority

Tuesday, August 8, 2017

The Foreign Investors Council (FIC) warned that Romania’s healthcare system should be a priority for Romanian authorities, business-review.eu reads.  Between 2013-2016 FIC rolled out a campaign called De profesie: Medic in Romania,which focused on the declining number of health professionals in the country. Ours was one of the first organisations outside the healthcare sector to talk publicly about the availability of qualified ...

Telecom.IT: Average user of mobile telephony and mobile internet consumes 756 MB per month

Tuesday, August 8, 2017

The average user of mobile telephony and mobile internet consumes 756 MB per month, sends 65 national text messages and calls on average 255 minutes from their own terminal, according to Veritel.ro data, as quoted by the National Communications Administration and Regulation Authority (ANCOM), in a press release sent on Friday .According to the quoted source, the data indicate a 50 pct increase in mobile internet consumption, as well as a slight decrease in the ...

Trade: Eurostat: Romania ranked ninth among beer producers in the EU în 2016

Tuesday, August 8, 2017


Last year, the European Union produced 39 billion liters of alcoholic beer, by 400 million liters more than in 2015, as well as 900 million liters of alcohol-free beer or with a less than 0.5 pct alcohol content, and Romania ranked ninth among beer producers in the EU, according to data released on Friday by ...

Cars: Porsche Romania recorded 25% sales increase in first semester

Tuesday, August 8, 2017

The car importer Porsche Romania announced on Wednesday a 25% sales growth in the first 6 months compared to the same period of 2016 for all marks of the group. Volkswagen registered s 50% sales increase.Volkswagen and Skoda recorded growths of 50% and 15% compared the the same period of 2016, the company announced. Over January-June 2017, the best sold care models for passengers were Skoda Octavia (1766 units sold), Skoda Rapid (1180 units), ...

New Dacia cars registrations in France up by 0.4 pct in July

Tuesday, August 8, 2017

New Dacia cars registrations in France went up by 0.4 percent in July, compared with the growth by 10.9 percent registered overall by the French auto market, according to the data from Tuesday of the French Constructions Committee of Cars (CCFA), business-review.eu informs. In July, 8,269 Dacia cars were registered in France, compared with 8,234 units in July 2016, while the Renault registrations had a percentage growth by ...

Romanians keep on registering luxury cars, Q1 VIPs: Ferrari, Lamborghini and Pontiac (DRPCIV)

Tuesday, August 8, 2017

Romanians registered in the first six months of the year several hundred luxury cars, including 13 Ferraris, five Lamborghinis, three Pontiacs and 21 Cadillacs, shows the data of the Driving Licences and Car Registrations Directorate (DRPCIV), Thus, in the category of rare cars, between January and June of this year, 547 registered units were recorded, most of them being second-hand. According to the quoted ...

Real Estate: The most expensive neighbourhoods of Romania

Tuesday, August 8, 2017


The most expensive residences for purchase are in the central area of Cluj-Napoca  where the prices go over 1,530 euro/square metre, followed by those in the area centre-North of Bucharest (1,500 euro/sqm) and Timisoara (1,080 euro/sqm) according to an analysis published by Imobiliare.ro. In Cluj-Napoca, the city with the highest level of  prices in Romania (1,330 euro/sqm), the most expensive apartments are in the central and supercentral ...

Housing prices in Romania up by 3.1% in H2

Tuesday, August 8, 2017

Houses for sale in Romania were more expensive by 3.1 percent in the second half of 2017, romaniajournal.ro informs. Cluj-Napoca ranks first with the highest prices per square meter for apartments and Bucharest comes second, according to a study by Imobiliare.ro. The 3.1 percent increase is similar with the one reported in the first half of 2016, 3 percent on the average. Housing prices went up by 4 percent in the first three months of ...

Tourism : Romanian tourism revenues advanced about 20 percent in H1 2017

Tuesday, August 8, 2017

Romanian tourism revenues advanced about 20 percent in H1 2017, according to data with the main tourism operators, head of the National Association of Romania's Travel Agencies (ANAR) Alin Burcea said."From what I've been talking with the eight biggest tour ...

The tourists’ overnight stays in the establishments of tourists’ reception increased by 13.0% in June 2017

Tuesday, August 8, 2017

Compared to the corresponding month of the previous year, both the arrivals and the overnight stays in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 7.8 % and by 13.0 %, respectively, in June 2017. Compared to June 2016, in June 2017 customs registered an increase in both the arrivals of foreign visitors of 28.0 % and in the departures abroad of the ...

Study: turnover of Romanian seaside businesses to exceed RON 1.5 bln in 2017

Tuesday, August 8, 2017

The turnover of businesses on the Romanian seaside will exceed RON 1.5 billion, marking a twofold increase compared to 2012, Business Review reads. Moreover, the number of companies in the horeca sector will reach a record high number, on the back of an increased interest for investments in the field, a KeysFin survey shows.  According to data centralised by the consulting company in the horeca sector, almost 900 accommodation units were opened on ...

Tourism : Eurostat: Majority of Romanians cannot afford a one-week holiday

Tuesday, August 1, 2017


For many people in the European Union (EU), summer means holidays and travel. However, around a third (32.9%) of the EU population cannot afford a one-week annual holiday away from home. Slightly more households with dependent children (34.6%) than those without (31.3%) find themselves in this situation. Sweden (8.2%), ahead of Luxembourg (13.1% in 2015), Denmark (13.7%), Finland (14.2%), Austria (15.4%) and the Netherlands (16.2%) were the EU Member ...

Telecom.IT : Fixed internet data download speeds go up almost 45pct in H1 2017

Tuesday, August 1, 2017

The average fixed internet data download speeds increased by almost 45pct in the first half of 2017, compared with the first half of 2016, from 75.07 Mbps to 109.1 Mbps, the National Communications Administration and Regulation Authority (ANCOM) reported in a press statement released on Monday. At the same time, average mobile data download ...

Infrastructure :Study: Romania should invest USD 237 bln in infrastructure by 2040

Tuesday, August 1, 2017


Romania should invest USD 237 billion in its infrastructure by 2040, a study by Global Infrastructure Hub, an initiative backed by G20, shows quoted by business-review.eu.  However, according to the survey, should the current trends continue, Romania will not invest more than EUR 226 billion, creating an investment gap of USD 11 billion, the study warns. The report argues that Romania needs to invest USD 62 billion in ...

Passenger traffic on the two Bucharest international airports reached 5.92 million in H1 2017

Tuesday, August 1, 2017

Passenger traffic on the two Bucharest international airports - 'Henri Coanda' and 'Aurel Vlaicu', respectively, reached 5.92 million in H1 2017 and 61,800 aircraft movements (landings and takeoffs).Of this total, 5.91 million passengers and 55,700 aircraft movements were registered on the 'Henri Coanda' Airport, the National Company Bucharest Airports (CNAB) informs in a Monday release. "The number of passengers who transited the Bucharest ...

Healthcare: Gov't approved inter-ministerial committee tasked to resume the activities of the Cantacuzino National Research Institute

Tuesday, August 1, 2017

Prime Minister Mihai Tudose on Thursday approved the establishment and powers of an analysis inter-ministerial committee tasked with starting up and approving measures to resume the activities of the Cantacuzino National Research Institute that is to be headed by the health minister as head of the committee. According to a decision of the prime minister published in the Official Journal, the committee aims to start and approve the necessary measures to ...

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