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Healthcare:Parallel trade of medicines: Commission closes infringement proceedings and complaints against Poland, Romania and Slovakia

Tuesday, May 22, 2018

Brussels, 17 May 2018 The European Commission decided today to close its infringement procedures and the treatment of complaints in the area of parallel trade of medicines for human use against Poland, Romania and Slovakia. From the start, the Juncker Commission has been focusing on its political ...

The private medical services market grew by 12 pc in 2017

Tuesday, May 22, 2018

The private health services market is one of the most dynamic business sectors in Romania after it advanced by 12 percent in 2017, compared to the previous year, according to a survey conducted by Mediprice quoted by romaniajournal.ro. The value of this service segment is almost EUR 1.7 billion, with an average annual growth of 9.5 percent in 2011-2016. Overall, the first five private chains in Romania achieved a turnover of about EUR 400 million last year. According to Eliza ...

Telecom.IT : More than 20 million mobile Internet connections in Romania, in 2017; 4G connections, 34% jump

Tuesday, May 22, 2018


 The number of 4G connections recorded in Romania in 2017 have reached 7.7 million, up 34 per cent from the previous year, while there were 20.3 million mobile Internet connections in general, down 1 per cent from the same interval, according to data presented on last Tuesday by the head of the National Authority for Management and Regulation in Communications (ANCOM), Sorin Grindeanu, on "Communications Day."According to the ANCOM official, the number of 3G connections ...

Four out of ten households in Romania don’t have internet access, despite rapid growth of connections

Tuesday, May 22, 2018

The number of fixed internet connections in Romania increased by 7 percent last year, to 4.8 million, but 42 percent of households do not have access to the internet, according to new figures of Romania’s telecom regulator (ANCOM), http://business-review.eu reports. Some 58 percent of Romanian households had an internet connection at the end of 2017, up from 54 percent in December 2016. The ...

Real Estate: RE/MAX forecasts 40 pct increase of commissions from real estate transactions in 2018

Tuesday, May 22, 2018

RE/MAX Romania forecasts a 40 pct increase its turnover in 2018, up to EUR 2.8 million, as well as a 40 percent increase in the value of commissions from real estate transactions, to EUR 2.8 million,http://business-review.eu reads. The company will also increase by 60 percent the ...

Cars: New eco-friendly cars sales surge by 83.02 percent, in first four months of 2018

Tuesday, May 22, 2018


The sales of new eco-friendly cars (electric and hybrid) have surged by 83.02 percent in the first four months of 2018, as compared to the same interval of the previous year, to 1,003 units, from 548 as recorded in 2017, show the statistical data of Romania's Association of Automotive Manufacturers and Importers (APIA).According to official data, out of 1,003, 238 were 100 percent electric, the equivalent of a five-time increase (+417.4 percent) as compared to the first four months of ...

New automotive sales rise by 28 percent, up to 51,800 units, in first four months

Tuesday, May 22, 2018

Romania's new automotive total sales reached, in the first four months of 2018, 51,853 units, with a rise of 27.8 percent, as opposed to the same period of last year, according to the statistics of Automotive Manufactures and Importers Association (APIA), published Friday.According to the APIA experts, this is the highest volume of car sales recorded in a similar period, over the last ten years, in 2009, the first year of the economic recession, when a total of 49,971 units were ...

Tourism : Romania's foreign visitors at 2.5 ml a year, of whom just 800,000 holidaymakers

Tuesday, May 22, 2018

The number of foreign visitors to Romania is 2.5 million a year of whom 1.7 million come on business trips and just 800,000 are tourists and holidaymakers, vice-president of Romania's National Association of Travel Agencies (ANAT) Alin Burcea told the conference "Connecting Europe through Innovation" on Thursday.Citing numbers, Burcea said that of the yearly total of 2.5 million visitors to Romania, between 1.5 and 1.7 are here on corporate trips and for business; the ANAT ...

Tourism minister: Time has come for Romania to become major tourism destination for China

Tuesday, May 22, 2018

Romania is ready to truly become a major tourism destination for China, Tourism Minister Bogdan Trif said in Constanta, after a meeting with a delegation from the municipality of Shanghai. According to a press release issued by the relevant ministry and sent on last Tuesday, the Chinese officials were interested in the development potential of Romania's tourism.The discussions that took place between the members of the Chinese delegation headed by Li Chunping, ...

Infrastructure: Romania’s CFR Calatori launches direct train rides to Greece, Turkey and Bulgaria

Tuesday, May 22, 2018

Romanian passenger rail carrier CFR Calatori will provide direct train rides from Bucharest to Thessaloniki (Greece), Istanbul (Turkey) and Sofia (Bulgaria) from June until October this year, romania-insider.com informs. The company will have daily trains to Istanbul, with a one-way trip costing EUR 54 in a four-place sleeping cart. The trains to Thessaloniki will be weekly and tickets will cost EUR 45 to EUR 62, depending on the ...

Tourism : Romanian seaside and Danube Delta, in focus of Russian tour operators, after 27-year absence

Tuesday, May 15, 2018

The Romanian seaside and the Danube Delta will once again return in the focus of Russian tour operators after a 27-year absence from the market, President of the Federation of Romania's Tourism Promotion Associations (FAPT) Corina Martin said.She specified that FAPT will organise, 9 through 14 May, the first info-trip for the representatives of the Tour Operators Association in Russia (ATOR)."It is for the first time in 27 years that representatives of ...

Infrastructure : Lot 2 of Bucharest Beltway to be built by Turkish company that builds lot 1

Tuesday, May 15, 2018

Asim Alarko Sanayi Tesisleri ve Tisaret AS of Turkey is the winner of the price of 750,850 million lei, according to the National Company Administering Road Infrastructure (CNAIR). The same Turkish contractor won the design and execution contract for lot 1 of Bucharest Beltway, which is about 17 km long (sector 1, km 52+070 - km 52+770, for North Beltway and sector 2 , km 52+770-km 69+000, for South Beltway) with the price of 830.68 million lei, with ...

Romania has 37.4 percent of electrified railway network in operation, end of 2017

Tuesday, May 15, 2018


The railway lines of public use in operation at the end of 2017 amounted to 10,774 kilometers, and the simple length of the electrified railway tracks in operation was 4,030 km, roughly 37.4 percent of the network in operation, according to data centralised by the National Institute of Statistics (INS).Out of the total lines, 10,635 km (98.7 percent) were normal track gauge, 5 km with narrow gauges and 134 km (1.3%) with large gauge lines, according to the INS ...

Romanian airline Tarom leases two new Boeing aircraft for its fleet

Tuesday, May 15, 2018

Two Boeing 737-800 NG (Next Generation) aircraft will join Romanian state airline Tarom’s fleet starting June this year, the company announced. The company will use the new aircraft on its existing routes as well as on new routes to be opened. Tarom signed a 7-year operational leasing contract with Boeing for the two aircraft. The company will make the first payments in two years. The Boeing 737-800 NG can carry up to 160 ...

Real Estate: Over 44,100 houses and lands sold in Romania in April

Tuesday, May 15, 2018

Over 44,100 houses and lands were sold in Romania in April. The number of houses, lands and apartments sold was by 996 higher than in the same period of 2017, according to data issued by the National Agency of Cadastre and Real Estate Advertising on Friday. 44,106 house were sold in April, most transactions being registered in Bucharest - 5,837, Timis - 3,491 and Cluj - 2,962. Counties with fewest houses sold in the same period of time are Caras ...

Apartments more expensive in Cluj, Bucharest and Brasov counties

Tuesday, May 15, 2018


Apartment prices in Cluj Napoca exceeded 1,500 euro/sq.m and are 14% over Bucharest average price, but price increases were recorded in three out of the six large towns, according to Imobiliare.ro. The average amount requested for apartments available for sale at national level knew a slight drop of 0.3% in April, from 1,200 to 1.197 euro/sq.m. According to Imobiliare.ro, higher and lower variations on price were found in big ...

Real estate investments in Romania, down 75% in the first quarter

Tuesday, May 15, 2018

The volume of commercial real estate investments in Romania was only EUR 35 million in the first quarter of this year, with just three such deal being closed in this period, according to real estate consultancy firm JLL Romania. The level is four times lower than in the same period of 2017, when deals worth EUR 143 million were closed. However, JLL Romania representatives point out that there are several transactions in various stages that will ...

Agriculture: Romania records 853.9 million euro-deficit in trade of agri-food products, in 2017

Tuesday, May 15, 2018

Romania recorded last year a 853.9 million euro deficit in trade of agri-food products, up 53 percent as compared to 2016, when it reported 557.4 million euro, according to the data released by the Agriculture and Rural Development Ministry (MADR)."Romania recorded a 4.6 increase of the exports in agri-food products in 2017 as compared to 2016, reaching 6.23 billion euro, the greatest share being held by raw materials. Romania's imports were worth 7.1 billion ...

Slaughtering  of  animals  and  poultry  and  meat  production in March 2018 

Tuesday, May 15, 2018

• Compared to February 2018, in March 2018 the slaughtering and the carcass weight increased for all species of animals and poultry.  • Compared  to  March  2017,  the  slaughtering  and  the  carcass  weight  increased  for ...

Cars: Turnover volume of the trade with motor vehicles and motorcycles increased by 18.9% 2018

Tuesday, May 15, 2018


Compared to the previous month, in March 2018 the turnover volume of the trade with motor vehicles and motorcycles increased as gross series by 18.9% and decreased as adjusted series according to the number of working days and to seasonality by 0.5%. The turnover volume of the market services provided to the population increased compared to the previous month as gross series by 9.2% and, as adjusted series according to the number of working days and to ...

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