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Economic

Slaughtering of animals and poultry and meat production in January 2022

Tuesday, March 15, 2022

• In January 2022, compared to December 2021, the slaughtering decreased for all animal species and poultry; the carcass weight increased for cattle and decreased for pigs, sheep and goats and poultry. • In January 2022, compared to January 2021, the slaughtering increased for cattle and poultry and decreased for pigs, sheep and goats; the carcass weight increased for poultry and decreased for cattle, pigs, sheep and ...

Trade: Number of online orders dropped by 20% in February

Tuesday, March 15, 2022

The number of online orders at world level, especially for segments which normally had a positive dynamics in that period, dropped by 20%, in the last week of February, according to data analyzed for online shops hosted by MerchantPro, a solution platform SaaS for eCommerce.   “ Naturally, February is a growth month, especially for traditionally dynamic segments, such as fashion, beauty, jewelry, ...

Real estate: Most real estate houses sold in February were in Bucharest, Ilfov and Timis

Tuesday, March 15, 2022

Most house/apartment sales were recorded in February, in Bucharest -10,918, Ilfov – 4,568 and Timis -3.459, the Ntional Agency for Cadastre and Land Registration (ANCPI) informs.   According to a press release, counties with the fewest houses sold in the same period are Covasna -318, Salaj -380 and Calarasi -438.   58,663 ...

Trade: Starcom Romania launches 2021 edition of Consumer Report study

Tuesday, March 8, 2022

Starcom Romania launches 2021 edition of the Consumer Report benchmark study, which analyses the behavior of Romanian consumers in terms of purchasing preferences, consumption of online and offline content, home and away-from-home activities and use of technology. Now in its 8th edition, the study provides particularly valuable information for understanding consumers and their changing ...

Cars: Spark adds 100 Dacia Spring to its car-sharing fleet in Romania

Tuesday, March 8, 2022

Car-sharing company Spark announced on Friday, March 4, that it would add 100 new fully electric Dacia Spring to its fleet, following a partnership with the car manufacturer.   With this expansion, Spark's total fleet in Romania exceeds 500 electric vehicles from 6 different models. The cars are already available for clients in Bucharest. Dacia Spring is an electric car suitable for urban mobility. It uses a 27 kWh battery and has a range of up to 230 km ...

New car registrations go up by almost 25% in February

Tuesday, March 8, 2022

The number of new car registrations, in Romania, has gone up by 24.92% in February, to a volume of 8,616 units, according to the data of Driving Permits and Vehicle Registration Regime Department (DRPCIV), quoted by Romanian Automobile Makers Association (ACAROM).According to the official statistics, during the first two months of 2022, new car registrations reached 17,593 units, going up by 39.16%, from the similar period of last year, when 12,901 units were ...

Tourism : Foreign tourist arrivals in Romania, up 56.5pct in Jan. 2022

Tuesday, March 8, 2022

- Compared to January 2021, in January 2022, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 20.3%, while the overnight stays increased by 24.7%. - Compared to January 2021, in January 2022 customs registered an increase in the arrivals 1) of foreign visitors of 56.5% and an increase of 42.1% in the departures1) abroad of the Romanian ...

Agriculture: Romania will not limit wheat exports

Tuesday, March 8, 2022

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Romania has no plans to limit cereal exports, despite several countries in the region doing so in the wake of Russia’s invasion of Ukraine, euractiv.com reads.   Exports from Russia and Ukraine, which account for 30% of the wheat trade, have practically stopped, raising fears of food inflation and hunger. But Romania, a major supplier of grains, does not plan to halt exports, at least for ...

Infrastructure: Government approves technical-economic indicators to rehabilitate and modernize DJ 1021, Doftana Valley (Prahova) – Bradet (Brasov)

Tuesday, March 1, 2022

The government approved technical-economic indicators to rehabilitate and modernize DJ 1021, Doftana Valley (Prahova county) – Bradet (Brasov county). The aim of the project is to clear up traffic on national roads DN1 and DN1A.   “Upon the suggestion of the Development Ministry, the government approved today technical economic indicators to rehabilitate and modernize DJ 1021, Doftana Valley ...

Trade: ANCMMR: In 2021 retail grew by 7.5%

Tuesday, March 1, 2022

The value of sales in Romanian retail grew by 7.5% in 2021, according to Nielsen data and by 8.9%, according to RetailZoom, compared to 2020, but volumes sold were lower by 7% because of inflation, said Feliciu Paraschiv, the vicepresident of the National Association of Small and Medium Companies in Romania (ANCMMR), who added that prices were higher between 2% and 30%.   “Retail grew in value by ...

Romania’s fruit and vegetables industry, record level in 2020, risk of increasing imports dependence

Tuesday, March 1, 2022

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The turnover of the Romanian fruits and vegetables industry increased by 17.4%, reaching an all-time high of 24.4 billion lei in 2020. By sub-segments, trade registered the largest advance, of 19% (with a turnover of 20.8 billion lei), the processing activity increased by 12% (with a turnover of 1.4 billion lei), and the turnover of fruit and vegetable cultivators increased by 5% from 2019, at 2.1 billion lei in 2020, as per the KeysFin analysis launched upon ...

Cars: Ecological car sales doubled in Romania in January 2022

Tuesday, March 1, 2022

Sales of new ecological car sales doubled (95.5%) in January 2022, compared to the same period of 2021, reaching 1.656 units, according to APIA data. According to the market analysis, the share of electric and full hybrid cars in the local automobile market reached 17.9% from 14.3% in January 2021. Most new purchases were in the hybrid car category – 742 units, on the rise by 27.1%, followed ...

Real estate: Overall real estate investment value close to 900 million euros in Romania in 2021

Tuesday, March 1, 2022

The total value of real estate investments was close to 900 million euros in Romania in 2021. More than a third of the amount was recorded in the last three months of the year, according to the consulting company Colliers Romania, which shows that quarter 4, 2021 proved to be one of the best quarters. Although in the category most affected by the pandemic, the retail sector was dominant concerning transactions, with a share of 48% of ...

RE/MAX Romania: increase in prices of about 10% for two-room and three –room apartments in 2022  

Tuesday, March 1, 2022

Specialists in real estate estimate that two-room and three-room apartments will stay at the top of Romanians’ preference this year as well, the majority estimating price increase of up to 10% for this sector, according to the study ‘A scan of the real estate market in 2021 and estimates for 2022’ made by RE/MAX Romania.Thus, 68% of the participants to the study estimate ...

Investments in residential and logistics continue at full speed

Tuesday, March 1, 2022

Investments in real estate continue at full speed in Romania, the residential market and the logistics segment attracting the largest volume of new investments, highlights a BUCHAREST REAL ESTATE CLUB (BREC) analysis at the beginning of the year. The retail segment is attracting new investments and formats, while investors in office buildings are preparing for the increase of the traffic volume and employees` return employees to offices. Overall, ...

Agriculture : Romania ranks last in the EU in terms of organically grown agricultural area

Tuesday, March 1, 2022

The area used for organic agricultural production in the EU continues to increase. It covered 14.7 million hectares in 2020, up from 9.5 million hectares in 2012, equivalent to a rise of 56%. In 2020, ...

Real Estate : Record level of over 1 Mil Sq M have been transacted in 2021

Tuesday, February 22, 2022

The local logistics sector has not only shown resilience during the pandemic, but went on to benefit from consumer and business reactions to the sanitary crises. Thus, the leasing activity in 2021 has exceeded the 1 million sq. m threshold for the first time in the market’s history. Net take-up accounted for over 80% (802,000 sq. m) of the transacted volume and continues to be the main driver of the market, according to the Cushman & Wakefield Echinox real ...

Trade: The chocolate market in Romania, estimated at over 5.2 billion lei in 2021

Tuesday, February 22, 2022

The turnover of chocolate traders in Romania increased by 11%, reaching a new record of 4.1 billion lei in 2020. Even though Romanians’ appetite for sweets is increasing, the local production fell by almost 1 billion lei in the pandemic year, to 640 million lei. Overall, the chocolate market (production and trade) decreased by 10.7% compared to the peak of 2019, reaching a turnover of 4.8 billion lei in ...

Reveal Marketing Research Study: Consumer trends and spendings for 2022 Context

Tuesday, February 22, 2022

More than a year after the liberalization of the electricity market and regarding the debates in the public space related to the increase of bills, Reveal Marketing Research carried out a market study on this topic.  Which product categories have undergone price changes in the last period compared to the same period last year?   Top categories of products that have undergone price ...

Infrastructure: Association of Turkish builders bids for design and execution of Lugoj-Deva Motorway section

Tuesday, February 22, 2022

An association of Turkish builders bid on Monday for the design and execution of the missing section of the Lugoj-Deva (A1) Motorway, Transport Minister Sorin Grindeanu announced."There are 9.13 km of motorway that will include 2.13 km of tunnel, and the whole project will be financed from European funds. The two drilled tunnels to be built between Margina (Timis County) and Holdea (Hunedoara County) will consist of two one-way lanes, one for each road tunnel," ...

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