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Healthcare: Stroke mortality rate in Romania, twice the European average

Tuesday, June 18, 2024

To accelerate the prioritization of care for stroke patients, specialists at Philips, the global leader in medical technology, have joined forces with the World Stroke Organization in a strategic partnership to address the significant gaps in stroke care that contribute to high death and disability rates around the world, with a particular focus on countries with the greatest need, such as Romania.   “Stroke is one ...

Cars: Over 45,200 electric vehicles in use in Romania

Tuesday, June 18, 2024

There are currently more than 45,200 electric cars on the roads in Romania, with almost 5,000 thereof registered in the first four months of 2024, shows a market survey published in the Romanian e-mobility Index by Lektri.Co, one of the major players in the field of electric mobility.Overall, Dacia Spring remains the leader in electric car purchases by Romanian drivers, with 1,490 vehicles registered from January to the end of April (30 percent of all electric cars ...

PwC: New vehicle sales to rise slightly this year in Romania, with production up 8.5%

Tuesday, June 18, 2024

Vehicle sales in Romania will end 2024 up by 1.7% as compared to last year, for cars and 0.6% for light commercial vehicles, shows a PwC Autofacts report conducted in five Central European markets.The markets analysed in this report are Romania, Poland, the Czech Republic, Hungary and Slovakia.   Despite a 10.2% drop in car sales in the first quarter of 2024 compared to the same period in 2023, this is the second consecutive quarter in which the 30,000 ...

Real Estate: The Lack Of Office Space Deliveries In Bucharest Forces Companies To Plan Future Leasing Contracts Well In Advance

Tuesday, June 18, 2024

The decrease in demand for office spaces in Bucharest following the pandemic period is reflected in the volume of pre-leases, which saw a reduction of over 50% between 2020 and 2023, according to an iO Partners study. Additionally, the low number of pre-leases is explained by the very few projects that are likely to be delivered in Bucharest in the next two years. This will be forcing companies to strategize their office space needs 2-3 years before their current contracts ...

Bucharest Traded Over 50% More Residential Units Than Timis, Brasov, And Cluj Combined

Tuesday, June 18, 2024

The real estate market in Bucharest continues to be an attractive destination for investments, with increased interest in new housing and properties that offer high rental yields.   Home sales in May 2024 were close to those made in the same month last year, demonstrating strong stability in the face of current economic challenges, as well as a continued appetite from investors and buyers in the real estate ...

Infrastructure: Air passenger transport up by almost 5 pct in Q1 2024

Tuesday, June 18, 2024

   Air passenger transport increased by 4.9% in Q1 2024, year-over-year, from 4,937,100 passengers to 5,179,700 passengers, according to data centralised by the National Institute of Statistics.The highest shares in terms of passenger transport were recorded at Henri Coanda Otopeni airport in Bucharest, with 1,653,000 passengers boarded and 1,607,200 passengers disembarked, Avram Iancu-Cluj-Napoca airport, with 328,400 passengers boarded and 305,600 ...

Constructive summer for AKTOR on A0 Bucharest Sud Lot 3

Tuesday, June 18, 2024

The Greek builder AKTOR is keeping up the pace of work for the A0 L3 highway section in the south of Bucharest, being close to the threshold of 70% physical execution stage of the project.   The A0 South Lot 3 section has a length of 18 km, of which 15.465 km are part of the South Belt, and 2.5 km of the North Belt, separated by the A1 highway towards Pitesti. Of the total length of 18 km, AKTOR has already laid the first layer of AB2 asphalt on 10.5 ...

Law enacted: Financing contract worth over €600 million for Moldova Motorway

Tuesday, June 18, 2024

  President Klaus Iohannis promulgated on Friday the law for the adoption of the financing contract for Highway A7 Romania, according to the Mechanism for Recovery and Resilience B, between Romania and the European Investment Bank.The contract is worth 600 million euro.Also called Moldova Highway, A7 will pass through Ploiesti, Buzau, Focsani, Bacau, Pascani, Suceva and Siret.According to the normative act, the whole authority and ...

Oradea airport cargo terminal completed on 33-million-euro investment

Tuesday, June 18, 2024

The Oradea County Council (CJ) carried out the final reception of the construction works of the Cargo Terminal at Oradea Airport, a private investment of CTP Romania worth over 33 million euros.According to the CJ press release, CTPark Oradea Cargo Terminal is the first industrial park in Romania with a cargo terminal directly connected to the runway.Spread over 14.5 hectares of land, the park comprises 3 halls with storage, logistics and production spaces, in a ...

Telecom. IT: Romania has fixed broadband coverage rate of 80 pct, fiber coverage at 93 pct

Tuesday, June 18, 2024

Fixed broadband coverage rate in Romania currently stands at 80%, while fiber coverage stands at 93%, Marius Saceanu, secretary general of the National Authority for Management and Regulation in Communications (ANCOM), told a specialist conference on last Thursday."A very interesting thing is that there is not a very big discrepancy between urban and rural, namely 86% in urban, 72% in rural areas. The DESI report deems this to be a good thing, because we would be about ...

About 80 pct of problems detected in Romania in cyberspace, related to cybercrime

Tuesday, June 18, 2024

Approximately 80% of the problems we are currently detecting in the cyber space in Romania are related to cybercrime, Dan Cimpean, head of the National Cyber Security Directorate (DNSC), told a specialist conference on Thursday."There are groups fundamentally motivated by financial gain, who want to steal data, encrypt it, demand a ransom, do all sorts of blackmail, obtain unauthorized access, sell it and monetize this type of action. This is what we have seen over the last ...

Trade: Chocolate Saga: Consumption of artisanal chocolate in Romania has doubled in the last two years

Tuesday, June 18, 2024

The consumption of artisanal chocolate doubled over the last two years,the Romanians becoming more selective and open to spend more for a better piece of chocolate than the one on the shop shelves, says the organizer of the festival Chocolate Saga, Adina Istrate, event which took place this week-end at the Palace Hall in Bucharest.     The third edition of the festival of chocolate and ice-cream gathers 30 producers of chocolate in ...

Trade: Romania, the country with most burger orders in South-Eastern Europe with over 15 burgers/minute

Tuesday, June 11, 2024

Over 8 million burgers were ordered last year by means of a delivery application, Romania being the country with most burger orders in South-Eastern Europe and ranking 4th at world level from 23 countries operating the platform.   According to Glovo, over 15 burgers per minute are ordered in Romania, Most orders were delivered n December 15, 2023, when over 33,000 burgers were orderd throughout the ...

Retail trade volume in Romania advances 8.5pct four months into 2024

Tuesday, June 11, 2024

Retail trade volume, except trade of motor vehicles and motorcycles, increased in Romania in the first four months of 2024 by 6.5%, y-o-y, seasonally adjusted, according to data published on Thursday by the National Institute of Statistics (INS).The 6.5% increase was the result of increases in retail sales of non-food products (+12.2%), retail sales of automotive fuels in specialised shops (+4.2%) and retail sales of food, beverages and tobacco ...

Agriculture: Approx. 2.3 billion euro funds for agriculture, rural development absorbed since year beginning

Tuesday, June 11, 2024

 Around 2.3 billion euros have been absorbed from European funds since the beginning of the year for agriculture and rural development, the Ministry of Agriculture and Rural Development (MADR) announced on Friday.Thus, 2.29 billion euros have entered the accounts of Romanian farmers since the beginning of this year and so far, European money reimbursed by the European Commission to finance support measures carried out by the Ministry of Agriculture and ...

Infrastructure: The first direct flight to the USA, after 20 years, took off from Otopeni Airport

Tuesday, June 11, 2024

On Friday, June 7th, at 09:00 AM, flight number H4101 operated by HiSky took off from Bucharest's "Henri Coanda" International Airport, bound for New York This is the first direct transatlantic flight from Romania operated by a scheduled airline, in more than 20 years. The Airbus A330 aircraft, registered in Romania as YR-KID, is expected to land at JFK Airport in the American metropolis at 11:35 AM local time, after an uninterrupted journey of approximately 10 ...

A new route, Bucharest - Stockholm, in the AnimaWings portfolio this autumn

Tuesday, June 11, 2024

AnimaWings, a 100% Romanian airline, will inaugurate from autumn this year a new route in its portfolio, Bucharest - Stockholm, the cost of tickets on this route starting from 73.74 euros per segment, the company announced on Tuesday.   The Bucharest - Stockholm route will be a regular route, with a weekly frequency of 3 flights, and the aircraft will land at Stockholm Arlanda airport. Flights are ...

Romania buys 20 electric trains from PESA

Tuesday, June 11, 2024

The Railway Reform Authority has recently completed the re-evaluation of the offer presented by the Poles from PESA for the purchase of 20 electric trains, following aclurt decision. The offer presented by PESA was declared according to demands and became the winner.   The purchase contract for interregional electric frames was signed between the Railway Reform Authority and the Polish manufacturer PESA. ...

Real Estate: Selling prices for big city new apartments keep on rising

Tuesday, June 11, 2024

   Selling prices for big city new apartments continue to rise at a steady pace which in the last 30 days has been up to 4 percent in Timisoara or Constanta; Iasi city is the only exception, with an evolution that goes against the trend recorded in all the other large urban centers, shows a survey conducted by real estate website Imobiliare.ro.Apartment prices in the surveyed medium-sized cities follow the same upward trendline, with Oradea ...

Tourism: Bookings for Romanian littoral on the rise by 25% in first two months

Tuesday, June 11, 2024

The Romanian riviera still has a rising trend, bookings for the first two months being 25% higher than in the same period of 2023, even though prices have grown by 10-15%, according to data sent by the National Association of Travel Agencies (ANAT).   “Early booking” programs enjoyed major interest, bookings starting in the fall of 2023 with 60% cuts of basic package prices. Holiday vouchers ...

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