Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

Romania's 9-mo new passenger car registrations rise 15.9%

Tuesday, October 24, 2017

New car registrations increased in Romania in the first nine months of the year by almost 16%, to 78,769 units, compared to the same period in 2016, but the number of used car registrations was some five times higher, having reached 378,424 units, according to the statistics with the Driving License and Vehicle Registration Directorate (DRPCIV). In September 2017, the new car registrations stood at 10,425 units, up 11.37% over the same period of the ...

Tourism : THE CAPACITY OF TOURIST ACCOMMODATION1 INCREASED BY 4.5% COMPARED TO THE SAME DATE OF THE PREVIOUS YEAR

Tuesday, October 24, 2017

Tourist accommodation capacity increased 4.5 per cent January through July 2017, compared with the same period of 2016, from 328,900 accommodation units last year up to 343,700, according to data made available by the National Institute of Statistics on Friday.The number of tourist accommodation establishments reached up to 7,905 units on July 31, 2017, showing a 13.8 percent growth since July 2016, when the number was 6,946. As many as 34 per ...

Healthcare: PM Tudose: the health system is "a little" sick and needs to get better

Tuesday, October 24, 2017

Premier Mihai Tudose stated on Friday in Deva, that the health system is "a little" sick and needs to get better, being ill-adjusted to the quality of the medical staff working in it. He communicated that last days he had talks with the unions of the ...

 European Commissioner Vytenis Andriukaitis: Romania made some good things by implementing the national health card

Tuesday, October 24, 2017

 European Commissioner for Health and Food Safety Vytenis Andriukaitis, who is on a visit in Bucharest, stated on Thursday that Romania made some good things by implementing the national health card, but there is still a need to improve the access to the sanitary system. He said that the healthcare system reform is important and recommendations made in the European Semester Process must be implemented. He mentioned that Romania made some good things by ...

Infrastructure : Wizz Air to launch three routes from Romania, Moldova to Athens

Tuesday, October 24, 2017

Hungarian low-cost airline Wizz Air said on Monday it will start to fly to Greece's Athens from Romania's Bucharest and Cluj-Napoca and Moldova's Chisinau in March 2018, seenews.com informs. Wizz Air will fly from Bucharest every day of the week, while flights from Cluj will be operated on Wednesdays and Sundays, the company said in a press release. From Chisinau, Wizz Air will operate flights twice a week, on Wednesdays and Sundays. In August, Wizz ...

Italian-Japanese consortium to build the suspended bridge over the Danube

Tuesday, October 24, 2017

Italian construction group Astaldi SpA, one of the biggest European construction companies, and Japan-based IHI Infrastructure Systems CO have won the project to build the suspended bridge over the Danube, from Braila, the biggest contract for an infrastructure project attributed in the last 27 years, worth RON 1.99 billion, Romanian Ministry of Transports announced , romaniajournal.ro informs. Once built, the construction also known as Braila-Tulcea ...

Minister Misa: World Bank will finance Ploiesti-Brasov highway

Tuesday, October 24, 2017

Romanian Minister of Finance Ionut Misa was recently in Washington where he announced that the World Bank will start its first technical mission regarding Ploiesti-Brasov highway on October 30, business-review.eu reports. The Ploiesti-Brasov highway is part of A3 highway. It will measure 600 kilometers and it will link Bucharest to the Hungarian border. Misa attended the annually meeting of the International Monetary Fund ...

Telecom. IT : ANCOM: 4.256 million phone numbers switched networks în 9 years

Tuesday, October 24, 2017

More than 4.256 million phone numbers switched networks, but not the user, in the 9 years since the portability service was rolled out, the National Communications Administration and Regulation Authority (ANCOM) announced on Thursday. Since ...

Trade: GfK study: Romanian consumers’ purchase intention up in Q3

Tuesday, October 24, 2017

Although the Romanians’ expectations on economy and revenues varied unsignificantly, due to the inflation drop and VAT reduction, the Romanian consumers’ purchase intention has grown in the third quarter of this year, according to a GfK study quoted by business-review.eu. The purchase intention registered the biggest variation, as at the beginning of the quarter it maintained at the level of previous period, but in September it increased to ...

Real estate: Apartments more expensive by 30% compared to 2014

Tuesday, October 17, 2017

171017111844170411113729the_west_end_apartments_asteria_building.jpg

In September, the average amount requested for apartments sold at national level - both new and old- grew by 1.9%, from 1,141 euros per square meter at end of August to 1,163 euros/sq.m , according to a study made by Imobiliare.ro. The present price is 30.5% over the lowest value noted since the beginning of the crisis, 891 euros per square meter, in December 2014. The most significant advance was recorded in Cluj Napoca. In ...

Second quarter of 2017 : House prices up by 3.8% in the euro area - Up by 4.4% in the EU

Tuesday, October 17, 2017

House prices, as measured by the House Price Index, rose by 3.8% in the euro area and by 4.4% in the EU in the second quarter of 2017 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Compared with the first quarter of 2017, house prices rose by 1.5% in the euro area and by 1.8% in the EU in the second quarter of 2017. House price developments in the EU ...

C&W Echinox: Vacancy rate of offices in Bucharest down close to 8.2 pct

Tuesday, October 17, 2017

Taking into account that the offices stock in Bucharest remained constant, the vacancy rate dropped to approximately 8.2 percent in the third quarter from 9.3 percent at the half of the year, according to an analysis of Cushman & Wakefield Echinox quoted by business-review.eu. The office developers didn’t deliver any new building in Bucharest in the third quarter of this year, while companies leased spaces with a ...

Corporations have begun reserving offices in advance for 4,000 employees

Tuesday, October 17, 2017

Real estate developers have not finished any new office building in Bucharest in Q3 this year, and yet corporations wishing to expand or enter the Romanian market have reserved an area of 37,000 square meters in buildings undergoing construction , because they want to recruit about 4,000 employees, romaniajournal.ro informs. Overall, the companies have leased spaces with a cumulative area of 68,000 square meters, up by 5% against the same period of the ...

Agriculture: Minister Daea: 14 Romanian products trying to obtain European protection

Tuesday, October 17, 2017

The Ministry of Agriculture wants to register 14 new Romanian products in Brussels, besides the four for which Romania has already obtained European recognition, said Petre Daea, the minister of agriculture at the opening of the fair organized in Herastrau Park in Bucharest, on the day of Romanian foodstuff. Until now, Romania obtained recognition for four products, Topoloveni jam, Sibiu salami, Ibanesti cheese and smoked bighead carp from Barsei ...

Value of agricultural production by development region in 2016, 2.5 percent higher compared to 2015

Tuesday, October 17, 2017

The value of the 2016 agricultural production was 2.5 percent higher compared to 2015, standing at 69.35 billion lei; the rise was the combined effect of the 5.3 percent advance of the crop production and the 2.4 percent decrease in animal production, shows data released on Friday by the National Institute of Statistics (INS). The highest figures were registered in ...

Optimum soil moisture content for development of winter crops in most regions

Tuesday, October 17, 2017

Cooler weather persisted in the country’s northern and central regions, where air temperatures were 2-1°? below normal.  Daytime air temperatures were within +6..+17°? throughout the week. Frost events of down to -2..-4°? occurred in North Romania on the night of October 3-4. The 5-cm soil layer heated to +7..+20°?. This was favorable the development of winter crops, which are at the germination and emergence ...

Romania – top EU exporter of barley to third countries at start of 2017/18

Tuesday, October 17, 2017

Romania becomes more and more important player on the grain market of EU. Last season the country was highly successful becoming the top wheat exporter to the third countries among other EU exporters, going neck and neck with Germany closer to the end of 2016/17 MY.  At the beginning of the current season the situation seems highly favorable for barley shipments. Having gathered second largest barley crop in 2017 and with large carry-over stocks ...

Infrastructure: AFER: Unless railway system is backed up, Serbia, Bulgaria and Hungary will cut geopolitical connection with Black Sea

Tuesday, October 17, 2017

Romania will be avoided through Serbia, Bulgaria and Hungary unless the railway system is backed up. Those countries already invest a lot in infrastructure and will cut off connections with the Black Sea from the geopolitical point of view, said Viorel Lucaci, state inspector at Romanian Railway Authority (AFER). According to him, Romania could win only as passage corridor in the Romanian sector of Pan-European corridor 4, even if the heavy industry ...

Eurostat: Largest increase in air passenger transport in Bulgaria, Romania and Cyprus

Tuesday, October 17, 2017

In 2016, 972.7 million passengers travelled by air in the European Union (EU), up by 5.9% compared with 2015 and by 29.1% compared with 2009. Over this period, air passenger transport has steadily risen in the EU. In 2016, intra-EU transport represented almost half (47.0%) of total air passenger transport in the EU and extra-EU transport over a third (35.6%), while national transport accounted for fewer than 1 in every 5 passengers (17.3%). On the EU territory in 2016, six ...

Eurostat: Romania, one of the main users of inland waterways for freight transport in 2015

Tuesday, October 17, 2017

Romania was one of the main users of inland waterways for freight transport in 2015 with 30.4 percent, next to Netherlands (45.5 percent) and Bulgaria (27.4 percent), according to Eurostat quoted by business-review.eu. Compared to its level in 2010, 2,287 billion tonne-km of inland freight were transported in the European Union in 2015, growing by 1.3 percent. As a result, the modal split of inland freight transport has barely ...

Premium News

Daily

Monday, December 11, 2017

Financial & Banking

Monday, December 11, 2017

Economic

Tuesday, December 5, 2017

Companies

Wednesday, December 6, 2017

Energy & Environment

Thursday, December 7, 2017