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Trade: Cosmetics and perfumery market has exceeded EUR 1.22 billion in 2016

Tuesday, March 14, 2017

 The turnover of the cosmetics and perfumery market has exceeded 5.5 billion lei (rd EUR 1.22 billion) last year, yet it has not attained its top potential, reads a specialty analysis sent on Wednesday ...

Telecom .IT: Internet service penetration rate in Romania stands at 89 percent

Tuesday, March 14, 2017


The Internet service penetration rate in Romania stands at 89 percent and connectivity around 60 percent, the National Authority for Administration and Regulation in Communications - ANCOM President Catalin Marinescu told a specialist conference on Tuesday. "From a service quality point of view, Romania is on the first place and this is owed to some ...

Healthcare: Pharma market gains 10.6 pct to EUR 2.8 bln in 2016

Tuesday, March 7, 2017

The value of the Romanian pharma market stood at RON 12.95 billion (EUR 2.8 billion) on distribution prices last year, a growth by 10.6 percent compared with 2015, says Cegedim, the provider of data for the pharma industry, business-review.eu informs. The volume of  drugs sold in Romania reached 542.8 million units in 2016, up by 2.1 percent compared with 2015, and also a growth in the total treatment days (5.9 ...

Trade: Bogdan Chiritoiu: Romania should not give up on ‘supermarkets law’ despite infringement threat

Tuesday, March 7, 2017

According to Competition Council president Bogdan Chiritoiu, Romania should not give up on the law that requires supermarkets to sell 51 percent of Romanian products ...

Real Estate: Apartments more expensive by 1.5% in Romanian cities last month

Tuesday, March 7, 2017


The price of apartments in Romanian cities grew by 1.5% in February compared to the previous month, while the average price increase was 6.4% last year, according to data published by imobiliare.ro site on Thursday. In February, apartment owners requested an average of 1,080 euros/square meter, on the rise by 6.4% compared to the same period of 2016 and by 1.5% against January. In February 2017, the highest increases compared to the same period of 2016 ...

Romania is 11th in top of EU countries for lodging prices

Tuesday, March 7, 2017

Romania ranked 11th in the top of EU countries for the price of houses, recording a 2.9% quotation increase for new and old houses in 2015 compared to 2010, according to data centralized by the European Statistics Office - Eurostat. For five years, Romania recorded only negative evolutions for the house price index. In 2015, there was the only positive value of 2.9% compared to 2010. In 2010, Romania ...

Romania's Jan residential building permits up 9.2% y/y

Tuesday, March 7, 2017

Romania issued 1,561 building permits for residential projects in January, up by 9.2% year on year, the national statistical board, INS, said on Tuesday quoted by seenews.com. A rise in the number of construction permits issued for residential buildings in January was reported in all development regions except the north-east and south-west regions, INS data showed. As many as 61% of the permits issued in January were for ...

PM Grindeanu: we want the bill on housing for individuals - zero VAT

Tuesday, March 7, 2017

Prime Minister Sorin Grindeanu said on Friday that the bill on housing for individuals being zero rated for VAT is government-supported and will be passed in this parliamentary ...

Agriculture : Austrian company Holzindustrie Schweighofer: an action plan for a sustainable wood industry

Tuesday, March 7, 2017


The Austrian group Holzindustrie Schweighofer fights against illegal tree felling with an action plan for a sustainable wood industry and makes the best to prevent illegal felling in Romania, despite the fact the company has no forest exploitation operations, the company says in a press release. At the same time, the Austrian company points out that a constructive dialogue with NGOs and other organizations interested remains the main objective of ...

Farmers will be eligible for state guarantees of up to 80 pct for the purchase of land

Tuesday, March 7, 2017

Romanian farmers will be eligible for state guarantees of up to 80 pct for the purchase of land, as well as for reduced interest and guarantee fees, according to the legislative changes planned for 2017 aimed at improving the Romanian farmers' access to ...

Tourism : Lido Hotel in Bucharest will reopen in the Fall

Tuesday, March 7, 2017

Lido Hotel, one of the historic hotels in Bucharest, will be reopened in the Fall, this year by businessman Muhammad Murad, who leased the hotel for 15 years, will invest over 5 million euros and will affiliate it to the hotel chain controlled by Donald Trump, Profit.ro informs. Lido Hotel, located in the centre of Bucharest on Magheru Boulevard, closed in 2010, when it was taken over by the former owner’s descendants. The ...


Tuesday, March 7, 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 13.4 % and by 8.5%, respectively, in January ...

Romanian seaside tourist season to start this year on April 15

Tuesday, March 7, 2017

The Romanian seaside tourist season will start as early as April 15, with the Easter Feast, and some 40,000 tourists are expected at the seaside and the Danube Delta in the weekend April 27 - May 1, president of the Seaside - Danube Delta Association Corina Martin said on ...

Infrastructure : Tender for runway of future Brasov-Ghimbav International Airport

Tuesday, March 7, 2017


Brasov County Council announced the opening of a tender for the technical project of the runway for the future Brasov-Ghimbav International Airport, with an estimated value of over 850,000 lei, without VAT. The tender opened on February 22 for the technical project of “Alfa runway”, boarding platform and expansion of sewerage and draining networks for the runway, with an estimated value of 856,473 lei, without ...

Memorandul signed on a new high speed road way between Timisoara and Pancevo

Tuesday, March 7, 2017

The Government approved on Thursday a memorandum on the negotiation and signing of a cooperation protocol between Romania and Serbia for implementing the feasibility study referring to planning and designing a new high speed road way between Timisoara and ...

Telecom. IT : 1,148 villages and small towns with no access to high speed Internet

Tuesday, March 7, 2017

On Friday, ANCOM presented for public consultation a list of 1,148 localities (villages and small towns up to 20,000 inhabitants) to establish how many of them are not covered by high speed broad band electronic communication networks. Following the analysis made public intervention measures (network construction/modernization) will be implemented in localities without communication networks, with a view to supplying high speed broad band communication ...

53 pct pf Romanians were using a smartphone at the end of 2016

Tuesday, March 7, 2017

 More than half of Romanians (53 pct) were using a smartphone at the end of last year, the equivalent of a four-time increase against the interval 2012-2016, show the results of a study ordered by Google, released on ...

Tourism : Authorities invest EUR 8.4 mln in Romania’s Ocna Mures spa resort

Tuesday, February 28, 2017


 Local authorities in Ocna Mures, a town in central Romania known for its salt waters, plan to invest over EUR 8.4 million in a spa resort with health centers, rehabilitation, beauty and leisure centers, Romania-Insider reported.The new spa treatment and recreation base should be able to receive tourists starting 2020, reports local Mediafax.The resort will include its own spa treatment base with treatment rooms, swimming pools, medical ...

Bibi Touring forecasts 25 pct turnover growth in 2017 at group level

Tuesday, February 28, 2017

Bibi Touring forecasts a growth of 25 percent in turnover this year at group level, and on some business directions (balneo, plane tickets, the Danube Delta, the Romanian city breaks), of up to 50 percent, the general director of the company told BR, business-review.eu reads. All the projections are estimated taking in account the economic predictability, including the Government’s promise regarding the offering of holiday vouchers, according to ...

Real Estate: Regatta: over 90% of the Romanians interested in residence prefer to look on the internet

Tuesday, February 28, 2017


Over 90% of the Romanians who look for a house or an apartment choose the online medium to inform on the properties available on the market, according to the statistics of the real estate agency with Romanian capital Regatta Real Estate, which shows that in the last two years almost all the requests recorded by the company came on the internet. it is vital. In the latest years, the share of the requests coming from the internet grew substantially, with ...

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