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Telecom. IT: Study: Third of Romanian smartphone users intend to switch to 5G in 2023

Tuesday, November 29, 2022

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Three out of ten smartphone users in Romania (31%) intend to subscribe to 5G services in the next year, according to data centralized in the Ericsson ConsumerLab report “5G: The Next Wave.”   The ...

Real Estate: New home sales in Romania plummet 40% compared to 2021

Tuesday, November 29, 2022

Home sales fell by roughly 40% compared to last year, largely because Romanians now find it harder to get loans. High prices in the real estate market, which show no signs of abating, are also to blame. The governmental program Noua Casa (New Home), which gives favorable, state-ensured loans to those who intend to buy their first home, has not been successful this year. Only 70% of its funds have been used up since the launch of the ...

Cars: Study: 37% of Gen Z respondents prefer to buy their vehicle online

Tuesday, November 29, 2022

37% of Gen Z would prefer to buy a car online; 66% of all age groups use online tools to research purchase; Dealership still important to most car buyers but demographic shift underway.   The future of the automotive dealership is going to need a digital redesign as successive generations move ...

Infrastructure: Norwegian airline launches flights to Romania as Blue Air leaves route not served

Tuesday, November 29, 2022

Low-cost airline Norwegian will operate, starting June 2023, regular commercial flights from and to Romania.   The operator will launch the first route on June 23 between the capitals of Norway and Romania.   The Scandinavian airline will operate two flights per week between Bucharest and Gardemoen Airport in Oslo, on Mondays and ...

Wizz Air to fly from Suceava to Tel Aviv starting January 2023

Tuesday, November 29, 2022

Hungarian low-cost carrier Wizz Air announced the launch of a new route from Suceava (Romania) to Tel Aviv (Israel), starting January 2023. It will be the airline's first route from Suceava to the Middle East, completing the 12 existing routes to European destinations.   Wizz Air will fly from Suceava to Tel Aviv twice a week as of January 9, 2023, on Mondays and Fridays. Tickets can already be booked online on the ...

Healthcare: Study: Romanians are increasingly concerned about their dental health

Tuesday, November 29, 2022

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88% of respondents declare that they are concerned about their dental health 8 out of 10 study participants mentioned that they have visited the dentist at least once in the last year Interest in dental aesthetic services is increasing. Almost 50% of Romanians turn to such services driven by the motivation to improve their self-confidence and emotional ...

Telecom. IT: Orange, RCS&RDS and Vodafone to pay 432.6 million euros to state budget for 5G frequencies obtained

Tuesday, November 22, 2022

The total amount that the Romanian state will collect from the budget from the granting of licenses for 5G frequencies is 432.6 million euros, the chairman of the National Communications Administration and Regulation Authority (ANCOM), Vlad Stoica, announced in a press conference on Tuesday.According to the head of ANCOM, the winners of the auction are Orange Romania, RCS&RDS and Vodafone Romania, and the three companies purchased a spectrum of 420 MHz, ...

Real estate: Flexible office spaces on demand, a new service launched by Nooka Space in partnership with Nepi Rockcastle

Tuesday, November 22, 2022

Nooka Space, the developer of the first smart proximity office network in the world, launches a smart flex office service within Nepi Rockcastle shopping malls across Romania. With office booths placed both indoors and outdoors, Nooka Space aims to enhance the customer experience, offering the possibility to book intimate flex workspaces, whenever privacy for a business meeting or for working remotely is ...

Study: Due to finances, Romanians prefer to rent, rather than buy properties

Tuesday, November 22, 2022

Tenants rather than owners. The alarming increase in interest rates, the inflation, as well as the crisis in the energy sector have caused requests to purchase housing to decrease in recent months in Romania, according to a study conducted by the company ValorEasy.   An analysis of the real estate market in Romania shows that in 13 of the 41 counties, plus Bucharest, there were decreases in the volume of sales in the first ...

Infrastructure: Constanta has climbed strongly in the top of the most important ports in the EU in 2021

Tuesday, November 22, 2022

The port of Constanta last year had the strongest growth in the ranking of the main 20 European ports, rising from 16th to 11th place, as the amount of handled goods increased by 26%, according to the data published on Wednesday by Eurostat.   Following a significant 45% fall in the ...

Healthcare: Pharma market up 21% YoY in 12 months to September

Tuesday, November 22, 2022

The value of the drug market in Romania increased by 21% in the 12-month period between October 2021 and September 2022 compared to the previous 12-month period, to a total of RON 24 bln (EUR 5 bln), according to market research firm Cegedim quoted ...

Study: Half of Romanians use antibiotics for common colds or sore throats

Tuesday, November 22, 2022

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In 2019, there were nearly 5 million deaths globally associated with antibiotic resistance (of which 1.3 million deaths were directly attributed to it). Misuse of antibiotics fuels antimicrobial resistance, which is the third leading cause of death worldwide.   The study, which was initiated by the Global Partnership for respiratory infections (grip) with Reckitt’s support in May 2022, reveals the ...

Trade: Romanian consumers’ shopping behaviour increasingly unpredictable

Tuesday, November 22, 2022

Increasingly unpredictable consumption behaviour, the desire to sell quickly at low costs and the existence of many advertisers in Romania are the main conclusions about the advertising market in Romania presented by Limitless Agency at WebSummit Lisbon.   Also, constant testing of the target audience on different promotion channels and the use of more and more automation tools for precise targeting and ...

Online stores report 1.5pct revenues increases on Black Friday 

Tuesday, November 22, 2022

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Online stores recorded, on Black Friday, revenues worth almost 21 million EUR, increasing by 1.5pct compared to the same period last year, according to the data published on last Thursday by one of the largest online marketing agencies of Romania.According to Limitless Agency, the largest order registered during the period with the most important discounts of the year was a television sold for 148,731 EUR.Compared to the analyzed period, online ...

Cars: PwC Autofacts: Romania, the only country in Central Europe where the car and utility market has grown in 2022

Tuesday, November 22, 2022

The car and utility market in Romania will be the only out of the five markets in Central Europe, analysed in the PwC Autofacts report, which will have an increase this year, with a plus of 2.1% up to a volume of 141,000 units, informs a press release. In exchange, the market in Poland has a drop of over 6%, for Slovakia – 6%, for Hungary -5% and for the Czech Republic ...

Jan-Sep turnover of motor vehicle, motorcycle trade up 4.6 pct YoY

Tuesday, November 22, 2022

Turnover in the trade with motor vehicles and motorcycles increased, as unadjusted series, by 4.6% in the first nine months of the year compared to the same period last year, while the turnover in market services provided to the population rose by 26.7%, according to the data published on Wednesday by the National Institute of Statistics (INS).Thus, in the period January 1 - September 30, 2022 compared to the period January 1 - September 30, 2021, the turnover in ...

Agriculture: Eurostat: Romania has the least productive milk yield in the EU

Tuesday, November 22, 2022

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  Romanian cattle rank the lowest in productivity per-cow head among European Union countries in 2021 (3,362 kilograms), says a new data published ...

Law establishing the Milk and Milk Products Observatory, promulgated

Tuesday, November 22, 2022

President Klaus Iohannis recently promulgated the milk and milk products Law, which provides, among other things, for the establishment, at the level of the Ministry of Agriculture, of an observatory that will monitor this market and will aim to centralize data, track and analyze production, balance between supply and demand and production costs.   The law establishes unitary measures and actions for the ...

Tourism: Ministry of Tourism launches Cultural-Tourist Route “Folk masters and traditional crafts in Romania”

Tuesday, November 15, 2022

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The Ministry of Entrepreneurship and Tourism launched on Friday the Cultural-Tourist Route “Folk masters and traditional crafts in Romania”, at Romania's Tourism Fair. “We launch today, the route 'Folk masters and traditional crafts in Romania', including the county councils of Suceava, Maramures, Neamt and Botosani. On this occasion, I would like to announce that we also launched this route in the Republic of ...

Digital Balneomap pinpointing Transylvania spa resources unveiled

Tuesday, November 15, 2022

The government's Department for Sustainable Development, in partnership with the Covasna County Association of Small and Medium-sized Enterprises - ASIMCOV, launched on Thursday the "Digital map of mineral waters - Balneomap" in an event organised in the Balvanyos spa town (central-eastern Romania).The platform pinpoints 39 localities with exceptional balneotherapy potential, as well as 200 mineral springs, most of them unexploited, in the counties of Harghita, ...

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