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Telecom. IT: Cisco launches new solutions for enterprise networks in major new software, hardware rollout

Tuesday, June 27, 2017

Following the global launch on 20 June, Cisco introduced today in Bucharest its new solutions for enterprise networks, business-review.eu reports. The new, intuitive networking system is capable to anticipate actions and thwart security threats, while continuing to learn. The move is part of a major hardware and software rollout that marks, according to the IT giant, “a quantum leap in the evolution of Cisco’s Digital Network Architecture ...

Agriculture : The Romanian agriculture hits record after record. The grain producing business has doubled in the past seven years

Tuesday, June 27, 2017


The Romanian agriculture continues its sustained development, amid significant investments in recent years. According to a KeysFin study, cereal production has doubled over the past seven years, from 8.34 billion lei in 2009 to 16.1 billion lei in 2015. More than 7,000 companies , (with over 40,000 employees) are currently active in the Romanian agricultural market, on the cereal production ...

Real estate: Romanians made over 234,500 real estate transactions in the first five months of the year

Tuesday, June 27, 2017


The number of real estate transactions recorded in Romania, in the first 5 months of the ongoing year, reached 234,525 sales, 37.6% less than in the same period of 2016 because the number of transactions no longer includes any change of property right. As of 2017, only sales-purchase transactions are taken into account, according to data sent by the National Agency of Cadastre and Real Estate Advertising (ANCPI). Most real estate sales were registered ...

C&W Echinox: Stock of industrial and logistic areas grew ten times in Bucharest in last 13 years

Tuesday, June 27, 2017

The stock of modern industrial and logistic areas in Bucharest have grown ten times over 204-2017, to a level of 1,2 million square metres, being backed by the positive evolution of consumption and purchase power, according to an analysis made by the real estate consulting company C&W Echinox. The analysis shows that  2017 will exceed 2016, estimating the delivery of new areas with areas of over 250,000 sq.m. According to it, in 2004 the ...

New apartments prices up 10-15% in Bucharest

Tuesday, June 27, 2017

The prices for new apartments in Bucharest increased by up to 10-15% in the first half of this year, according to an analysis of the portal Directimo.ro quoted by romania-insider.com. The main reason behind the growth was the reduced offer due to developers’ difficulties in getting authorizations. More than 100,000 new apartments are expected on the market, half of which come from top 15 developers, according to ...

Infrastructure: Air traffic values grow by 20% at Henri Coanda Airport

Tuesday, June 27, 2017


The National Airport Company Bucharest (CNAB) doubled the number of border crossing booths and security control lines to process all passengers at Henri Coanda Airport terminals, but warns that average waiting time went up to 35 minutes, in the context of the spectacular increase of the number of flights in the departure area. According to a CNAB press release, the values of air traffic at Henri Coanda Airport have grown by over 20% compared to the ...

Romania's Blue Air leases 12 aircraft from Air Lease Corporation

Tuesday, June 27, 2017

Romanian low-cost carrier Blue Air has concluded a long-term lease agreement with Air Lease Corporation (ALC) for six new Boeing 737 MAX 8 and six used 737-800 aircraft, the US-based company said quoted by seenews.com . The 737-800 aircraft, which ALC acquired from Pegasus Airlines, began delivering in May 2017 and will continue through the last quarter of 2017, ALC said in a press release. The new 737 MAX 8 aircraft are ...

Trade: Study: over 90% of the online buyers in Romania acquire clothes at least one a month

Tuesday, June 27, 2017


Approximately 93% of the buyers online from Romania acquire clothes at least once a month according to the study made by the online Answear.ro shop which shows that the sums spent by the Romanians on  fashion sites vary between 101 lei for a pair of trousers and 257 for a pair of  shoes. According to the analysis, the real fashionista get to order even six times in 30 days. ‘The online fashion sector records one ...

In 2016 Romania’s retail growth is above European average

Tuesday, June 27, 2017

In Romania the retail growth is above average, despite the fact that the buying power remains one of the lowest in Europe, business-review.eu informs. In 2016, the buying power recorded the biggest increase in Central and Eastern Europe. The drop in unemployment rates and a slight income increase had a positive impact in several fields. In 2016, EU ...

Healthcare: Mircea Diculescu (IC Fundeni): Number of colon cancer cases trebled in 25 years

Tuesday, June 27, 2017

The number of colon cancer trebled in the last 25 years and declared, recently, Mircea Diculescu, the director of the Centre of Gastroenterology and Hepatology in Fundeni Clinic Institute (IC Fundeni) at the 37th National Congress of Gastroenterology, Hepatology  and Digestive Endoscopy, organized by the Romanian Society of Gastroenterology, Hepatology  and Digestive Endoscopy. According to it, one of the causes leading to colon cancers are ...

Tourism : The non-resident tourists arrived in Romania in Quarter I 2017 spent on average 2311.5 lei/person

Tuesday, June 20, 2017

- In Quarter I, the total number of non-residents in collective tourist accommodation was 446.0 thousand and their expenditure amounted per total 1030.7 million lei.  In Q1 2017, the non-resident tourists ...

Real Estate: Drop in construction output in April 2017

Tuesday, June 20, 2017

 Construction output in Romania fell month-on-month in April 2017, dropping 11.6 percent in unadjusted terms and 7.6 percent when adjusted for working days and seasonality, according to data with the National Statistics Institute released on ...

Trade: In April 2017, the  turnover  of  the  market services provided to the population increased by 13.7%

Tuesday, June 20, 2017


Compared  to the previous month, in April 2017, the turnover volume of  the trade with motor vehicles  and  motorcycles  decreased  both  as  gross  series  by  12.9%  and  as  adjusted  series according  to  ...

Healthcare: Eurostat: Romania, first in the EU on avoidable deaths rate

Tuesday, June 20, 2017

În the European Union (EU), almost 1.7 million persons aged less than 75 died in 2014, while roughly 33 per cent of them (560,000 persons) could be considered as untimely, meaning 1 death out of 3 in the EU could have been avoided in the light of medical knowledge and technology, reads the latest Eurostat survey on avoidable deaths. Unfortunately, Romania tops the premature death ranking, romaniajournal.ro reports. The highest shares of avoidable ...

Agriculture: The quantity of cow’s milk collected by processing units in April 2017 up 0.3% from April 2016

Tuesday, June 20, 2017

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in April 2017 decreased by 0.1% compared to March 2017 and was up 0.3% from April 2016. The quantity of cow’s milk collected by processing units from agricultural holdings and collection April 2017 compared to March 2017 ...

Telecom. IT: Telekom Romania, Ericsson conduct first 5G live demonstration in South Eastern Europe

Tuesday, June 20, 2017


Telekom Romania and Ericsson conducted in Bucharest the first 5G live demonstration in South East Europe. During the demonstration, five different use cases exploring the capabilities of 5G technology were showcased: 5G speeds, two cloud robotics and two smart city solutions, business-review.eu reports. Peak throughput data rates went up to 24 Gbps. The trial demonstrated 5G ...

Cars: 12,500 vehicles were registered in May in Romania

Tuesday, June 20, 2017

Approximately 12,500 vehicles were registered in May in Romania, up 25 percent from the same period of 2016, according to a press release of the Driving Licences and Car Registration Directorate ...

Healthcare: The ministry of health approved investments of 208 million lei for Antibiotice Iasi up to 2019

Tuesday, June 13, 2017

The representatives of the ministry of health in the general meeting of the shareholders of the company Antibiotice Iasi ( BVB symbol ATB), one of the most important Romanian producers of generic drugs, approved an investment of 207,6 million lei for the period 2017 – 2019, a report sent by the state company BVB shows. According to the report, the sums dedicated to other reserves of the profile of the years 2000 – 2015 with a total of 93.4 ...

Tourism: Turkish investors: Bucharest is a city break destination preferred by foreign tourists

Tuesday, June 13, 2017


Bucharest is a city break destination preferred by foreign tourists in the last two years, because it offers quality services and products at prices lower than other European states, but information lacks, there are few tourist information centres and there are not enough maps for orientation in the street, said Gulen Hashmi, the general manager of Tempo Hotel in Bucharest. He showed that most tourists come from Israel, Italy, Great Britain, Germany ...

Greek Minister of Sea Transport: Greece and Romania can benefit together from promoting medical tourism

Tuesday, June 13, 2017

Greece and Romania can benefit together from promoting medical tourism, said the Greek minister of sea transport and insular policies of Greece, Panayiotis Kouroumplis, at the conference devoted to medical tourism, recently organized in the island of  Ithaca. The Greek official added that, in his opinion, regional collaboration in the field could contribute to improving diplomatic relations among Balkan countries. The Greek ...

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