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Analysis: Romania's home appliances retailers' turnover could pass 2-billion-euro mark in 2018

Tuesday, November 20, 2018


The turnover of Romania's home appliances retailers could pass the 2 billion-euro mark this year, amid the increased appetite of the Romanians for Black Friday and Christmas shopping seasons, according to a KeysFin analysis released on Friday."The home appliances retail trade is very well controlled by a few major investors. Thus, although there are over 600 companies nationwide, too few of them manage to compete with the big players. This explains why the number ...

Cars: More than 113,330 new cars registered over Jan - Oct 2018

Tuesday, November 20, 2018

Romania's new car registrations over January - October 2018 reached 113,331 units, up 27.62 percent YoY, while used car registrations over the same period dropped 8.36 percent to 390,411 units, shows data released by the Driving Licenses and Vehicle Registration Department (DRPCIV).According to the cited source, Dacia tops the brands' ranking by the number of registrations over January - October 2018, with 31,207 units, (+26.60 pct YoY), followed by Renault (9,514 ...

ACEA: Diesel vehicle registrations at historical minimum in Europe, but growing in Romania

Tuesday, November 20, 2018

Registrations of diesel cars in Europe are down to a historical minimum, but their number in Romania continues to grow, according to data from the European Automobile Manufacturers’ Association (ACEA). The statistics show that at the European level, the share of diesel vehicles has gone down to only about a third of the market (34.7 percent) – a strong decline, as last year 43.1 percent of the cars were diesel. Petrol engines, on the other ...

Infrastructure : European Commission will finance only half of the subway project to Otopeni Airport

Tuesday, November 20, 2018

The European Commission has decided to finance only half of the construction of the M6 subway line, which is to connect Bucharest to Otopeni Airport. The reasons why the state cannot build the line only with non-reimbursable funds are that the Brussels specialists are dissatisfied with the solutions and deadlines set by the Ministry of Transport. The Government has requested since the end of last year European money for the construction of M6, ...

Agriculture: Eurostat: Romania records third largest growth of agricultural output in the EU in 2017

Tuesday, November 20, 2018


In 2017, Romania’s agricultural output had the third largest growth in the European Union, of over 13 percent, according to data provided by Eurostat. The country has remained the eighth largest agricultural producer in the EU, with a total production value of EUR 17.5 billion, or 4 percent of the EU total. Romania’s crop output had the biggest increase (17.9 percent), followed by animal ...

Telecom.IT : Romania, member of International Telecommunication Union Council

Tuesday, November 13, 2018

Romania, alongside the Russian Federation, Poland, Azerbaijan and the Czech Republic, on Monday was welcomed into the International Telecommunications Union Council (ITU-Council) after 137 of the 179 member states attending the ITU Plenipotentiary Conference 2018 voted in its favour, a press statement released by the National Communications Administration and Regulatory Authority (ANCOM) informs."Romania has garnered the most of votes in the election for the ...

Real Estate: World Bank: Romania, among countries where families buy or rent the most costly homes

Tuesday, November 13, 2018

Romania is among the EU countries where families feel the most costly overhead of renting or buying a home, a study by the World Bank shows quoted by http://business-review.eu. Unjustifiably high housing prices and high rents in large cities affect the employment prospects for young EU workers, say international institution experts. The Living and Leaving: Housing, Mobility and Welfare in the European Union report analyzes how ...

Companies have rented 73.500 sqm of office spaces in Bucharest in 3Q18

Tuesday, November 13, 2018

The office market in Bucharest has reported a total volume of renting transactions of 73,500 sqm in the third quarter of 2018, with the new demand mounting to 20,400 sqm. According to Colliers International, most of the requests came from the professional services and IT&C sectors. „The total rented area, which also includes, besides the effective renting, renegotiated or extended contracts, has stood at about 73,500 sqm, up by 18% as ...

C&W Echinox: 90% of industrial and logistics stock is condensed in cities with highway access

Tuesday, November 13, 2018

Romania’s industrial and logistics market is currently enjoying its best period in history, both in terms of supply and demand, with development being condensed in a number of large cities with access to at least one highway that facilitates the transport and distribution of goods in a shorter time and with lower costs to a larger number of customers, says the Romania Industrial & Logistics Market report by the Cushman & Wakefield Echinox real estate consultancy ...

Cars: Eurostat: Romania, last in the EU as number of cars per 1,000 inhabitants

Tuesday, November 13, 2018

In 2016, there were 258 million passenger cars on the EU’s roads, romaniajournal.ro informs. Car ownership rates were highest in Luxembourg (660 passenger cars per 1,000 inhabitants) followed by Italy, Malta and Finland (all above 600), while there were between 300 and 400 cars per 1,000 inhabitants in Slovakia, Croatia, Latvia and Hungary; Romania (280) was below this range, Eurostat informs. Newer cars tend to be less ...

Electric car registrations in Romania highest in EU, with a 382.5 pct yearly growth

Tuesday, November 13, 2018

In the first three quarters of 2018, Romania recorded the highest percentage increase of electric cars registrations in the EU, of 382.5 percent, from 97 units last year to 468 this year, according to the Romanian Automobile Manufacturers Association. The number of new passenger cars registered in the EU increased from 70,362 units in the first nine months of 2017 to 98,035 units (+39.3 percent) in January-September 2018. In ...

The new registrations of road vehicles in the third quarter of 2018

Tuesday, November 13, 2018

The new registrations of road vehicles for passenger transport increased by 0.3% in the third quarter of 2018 compared to the third quarter of 2017. In the same period, the new registrations of vehicles for goods transport rose by 11.5% compared to the third quarter of the previous year. The number of new passenger car registrations went up by 0.3 per cent in Q3 2018 as ...

Agriculture : Virgin forest area in Romania growing

Tuesday, November 13, 2018


The virgin and quasi-virgin area in Romania will grow by 19% reaching over 25,000 ha, according to data presented by the Ministry of Waters and Forests. This area has exceeded 21,000 ha,and 17,000 ha of forests that have not been included in the National Catalogue of virgin and quasi virgin forests in Romania, are part of UNESCO World Patrimony. The national catalogue had an area of 5,898.92 ha of virgin forests and 15,192.5 ha ...

OIV: Romania had wine production of 5.2 million hl in 2018

Tuesday, November 13, 2018

The world wine production significantly recovered in 2018, Romania having a 21% growth to 5.3 million hl, from 4.3 million hl in 2017, according to estimates of the International Organization of Vine and Wine (OIV). In 2013, Romania had a wine production of 5.113 million hl, after which the production did not exceed 3.7 million hl for the following three years. With a world production foreseen at 282 million hl., on the rise by ...

The agricultural production value – by macroregions, development regions and counties in 2017

Tuesday, November 13, 2018

In 2017, compared to 2016, the agricultural production index was 112.5% per total, 119.5% for crop production and 99.6% for animal production. Concerning the value of agricultural services, it was generally insignificant, contributing in 2017 with only 1.2% to the agricultural production value at national level. Agricultural output accounted for 78.494 billion lei last ...

The quantity of cow’s milk collected by processing units in September 2018

Tuesday, November 13, 2018

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in September 2018 decreased by 9.9% compared to August 2018 and was up 5.7% from September 2017. The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in the 1.I-30.IX.2018 period rose by 7.8% compared to the 1.I-30.IX.2017 ...

Trade: Google: Romania accounts for 2.4 pct of global searches on Black Friday; search volum is growing

Tuesday, November 13, 2018

Romania is ranked in the second half of the global ranking Black Friday 2017, with 2.4 pct of the total online searches and a jump of 21 per cent in the search volume on the same day, shows a study conducted by Google."When it comes to searches on Black Friday, Romania escapes the bottom of the ranking. Our country is positioned in the second half of the ranking, between Poland and Hungary, accounting to 2.4 per cent of the global searches. We are always looking ...

Romanians put up for sale over 1.8 million mobile phones annually

Tuesday, November 13, 2018

Over 400,000 Romanians are selling their mobile phones on an annual basis, the main reason being to purchase another more performing device, reads a survey conducted by OLX. Therefore, 18 million mobile phones are put up for sale per year. The trend has bee strongly upward in the past years, with OLX forecasting a 30 percent increase on the mobile device category in 2018, a category that is the strongest on house appliance ...

Tourism : Seaside resort Saturn to be modernized using European funds

Tuesday, November 13, 2018


The Black Sea resort Saturn will be modernized with European money, after an investment of RON 20 million. According to the Mangalia City Hall, the pavements and roads will be rehabilitated, modern urban furniture will be installed, green spaces will be created and the public lighting network of the streets up for rehabilitation will be rebuilt. After the modernization, the Saturn resort will have ...

Statistics: Over 8,400 tourist structures with boarding facilities, end of July 2018

Tuesday, November 13, 2018

The number of tourist structures with lodgings was 8,449 units, at the end of July 2018, 544 more than the same period of 2017, according to the centralized data of the National Institute of Statistics (INS).Of which, 2,821 were boarding houses, 1,709 were agro-tourism guesthouses, 1,633 hotels, 695 tourist villas, 533 bungalows, 318 hostels, 231 tourist cabins and motels and 278 other types of tourist boarding structures. Larger increases were recorded as opposed ...

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