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Additional 8.6m sqm of warehouse space needed in Europe. Romania meets the gap

Tuesday, May 4, 2021


According to a recent report from Savills, an additional 8.6m sq m of warehouse space is required by parcel companies in Europe between 2021 and 2025 to keep up with growing e-commerce demand.   Data analysed by the international real estate advisor shows that, based on a report from Effigy Consulting, a total of 12.3 billion parcels were delivered in Europe during 2019. Applying data from OFCOM’s parcel delivery, ...

Telecom. IT: Orange and Polytechnic Campus Research Institute open first 5G lab in Romania

Tuesday, May 4, 2021


Orange, in partnership with Polytechnic Campus Research Institute in Bucharest opened the first 5G lab in Romania, a hub in which the academic environment, startups and companies can test solutions based on 5G technology. Orange Group announced in February the opening of nine Orange 5G labs in European regions where the group is present, of which one in Romania, where companies and researchers can test 5G ...

Romania should consult better regarding 5G

Tuesday, May 4, 2021

byDr Detlef Eckert, Deep Digital Consulting, Belgium   The good news: 5G is on. The less good news: Roll-out in Europe is slow. The reality: Europe remains ...

Agriculture: Dairy producers: market reached 1.5 billion euros in 2020, on the rise by 15% against 2019

Tuesday, May 4, 2021

The dairy market reached 1.5 billion euros in 2020, 15% more than in 2019, and a volume of 631,000 tones, on the rise by 11% against 2019, representatives of Lactalis Romania and Artesana told News.ro. They added that in 2020, local consumption increased following traveling restrictions and the return of Romanians from abroad.   Daniel Donici, the co-founder of Artesana dairy producer, told News.ro that ...

AgriMin: Sustainable insurance system, solution for crops affected by unfavorable weather

Tuesday, May 4, 2021

The Minister of Agriculture and Rural Development, Adrian Oros, declared, on Friday, in Zlatna that the only realistic long-term measures for all farmers the crops of which are affected by unfavorable weather, be it drought or freezing, are a sustainable system of insurance and mutual funds.Present in the inauguration of agrifood hall, Adrian Oros was asked by a journalist if the Ministry he is leading intends to approve short-term support measures for farmers ...

Trade: Analysis: Food retail in Romania could exceed 140 billion RON in 2021

Tuesday, May 4, 2021

The turnover in food retail is estimated at around 130 billion RON in 2020, after, in 2019, this sector recorded incomes worth 118 billion RON, according to the most recent KeysFin analysis."The increase is due to the stockpiles made by the population at the beginning of the pandemic, as well as the ascending trend of online sales in food retail, over the average of the e-commerce market increase, situated at around 30 pct in 2020," the release ...

Tourism: The HoReCa industry needs long term relaunching measures

Tuesday, May 4, 2021


Uncertainty continues to dominate the HoReCa industry after more than one year since the beginning of Covid-19 and for a long term it is necessary  to have relaunching measures for this sector which could be an engine of the economy in the years to follow, shows a material made by Camelia Malahov, manager Direct Taxes and Anca Preda, senior consultant Direct Taxes, Deloitte RomaniaAccording to the consultants, the sector of hospitality (HoReCa)is an important ...

Eturia launches TravelHubX, reservations platform dedicated to travel agencies

Tuesday, May 4, 2021

  Eturia announces the expansion of its portfolio with TravelHubX, a reservations platform dedicated to travel agencies, shows a release sent, on last Wednesday.The services of the platform TravelHubX is geared towards intermediating travel agencies that want to find in one place the top travel offers of organizing agencies as well as of hoteliers.The holiday and travel packages found on the platform will fulfill all the conditions ...

Infrastructure: British Airways launches new route from Heathrow to Cluj-Napoca

Tuesday, May 4, 2021

British Airways announced that it would operate four new short-haul routes to Cluj-Napoca in Romania, Wroclaw, and Gdansk in Poland, and Riga in Latvia this summer.   The airline will fly from Cluj-Napoca to Heathrow three times a week, on Wednesdays, Fridays, and Sundays, beginning July 2. Return fares for this route start from GBP 95, and customers can already book tickets ...

Agriculture: Farmers propose to authorities implementation of a National Strategic Potato Plan to save sector

Tuesday, April 27, 2021


The Romanian Farmers Club and the Romanian National Potato Federation propose to the authorities the implementation of a National Strategic Potato Plan, to save an economic sector in great difficulty and harmonise the trade balance, which now registers a deficit of 60 pct, the representatives of the two organizations say.The main limiting factors in potato cultivation in Romania are excessive division of the land, often low technical level, small size of ...

Real Estate: Residential market expected to drive Romania’s FDI growth in coming years

Tuesday, April 27, 2021

The residential sector in Romania performed above expectations in terms of total sales in 2020, with an increase of 19 percent compared to 2019, according to data from the National Cadastre Agency. The result was better than even the most optimistic estimations, considering the fact that 2020 had two months of total lockdown.   Eurostat statistics show that 45.8 percent of the Romanian population lives in overcrowded homes. ...

Infrastructure: Air France to increase weekly flights on Bucharest-Paris route this July

Tuesday, April 27, 2021

French air carrier Air France will operate 17 weekly flights on the Bucharest-Paris route from July. The company currently flies eight times a week between the Romanian capital and Paris, and the number is set to increase to 15, respectively 17 weekly flights between July 5 and August 8, 2021, the airline announced, according ...

Romania had 920 km of highways at the end of 2020

Tuesday, April 27, 2021


- At the end of 2020, the length of the motorways had increased by 6.2%, namely by 54 km, compared to the end of 2019. - The electrified railways accounted for 37.5% of the railway network in operation at the end of 2020.   On 31.XII.2020, the public roads amounted to 86791 km, out of which 17913 km (20.6%) national roads, 35085 km (40.4%) county roads and 33793 km (39.0%) communal ...

Trade: Blockchain technology to be applied as a first in Romanian food sector

Tuesday, April 27, 2021

The blockchain technology, known until now in the financial industry, will be applied, for the first time, in the Romanian food sector, offering consumers the possibility of discovering information, straight from the farm, regarding the origin and quality of the produce they consume."Used in the food sector, the blockchain technology allows each actor from the supply chain (farmers, packers, distributors) to supply information for which they are responsible for ...

Tourism: EC to support Romanian companies active in tourism, accommodation and food services, affected by the pandemic

Tuesday, April 20, 2021

  The European Commission has approved a Romanian aid scheme, worth EUR 500 million, meant to support the companies operating in the tourism and HoReCa industries, as well as the travel agencies affected by the coronavirus pandemic, Romania’s Representation to the European Commission informed.   The public support, under direct subsidies, will cover up to 20% of the revenue losses (or, ...

 The holidays destinations for spring and summer the Romanians prefer are Spain, Italy, the Arab Emirates, Turkey and Greece

Tuesday, April 20, 2021


The list of the most popular destinations for spring and summer include Spain, Italy, the Arab Emirates, Turkey and Greece, after the exotic destinations at the beginning of the year such as Zanzibar, Mexico, the Dominican Republic and Cuba, show the data of the tour operator eSky.ro.    ‘The most popular destination this year is  Spain, especially Madrid, Barcelona and Malaga – the interest for these ...

Agriculture: Romania, the sixth in the EU for wheat production obtained last year

Tuesday, April 20, 2021


Romania occupied the sixth place in the EU as regards wheat production obtained last year, with a total of 6.41 million tons, the production of 2020 being smaller by 3.88 million tons (37.7%) against 2019 due to the extreme drought, according to the temporary data published by the National Institute for Statistics (INS).Thus, in the EU top regarding the wheat production, France reported last year the biggest production, of 30.073 million tons, followed by Germany ...

Trade: 36% of Romanians declare they are more appreciative of a brand that has online sponsored ads

Tuesday, April 20, 2021

A study by Reveal Marketing Research on Romanians’ perception regarding advertising on social media: Of all the social networks, Facebook is in the first place in Romanians’ preferences (92%) with an average time spent online of 2.3 hours / day. 46% of respondents say they feel indifferent regarding sponsored ...

Cars: Trade in motor vehicles in Romania advances Jan.-Feb. 2021

Tuesday, April 20, 2021

Trade in motor vehicles and motorcycles in Romania increased by 8.5% in volume unadjusted in the first two months of 2021 y-o-y while market services provided to the population decreased in volume unadjusted by 29.7%, according to data published on Thursday by the National Institute of Statistics (INS).Wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles increased in volume by 9.4% when adjusted for work days and ...

Drop by 25.8% of car registrations in Romania, after the first three months

Tuesday, April 20, 2021

Car registrations in Romania dropped by 25.8% in the first three months of this year as compared to the similar period of last year, according to a press release of the Association of Producers and Importers of Vehicles (APIA).‘After the four last months of 2020 when we had important growth of registration, 2021 started with a significant drop in January (-46.6%), February (-18.8%) being in a way, compensated by the growth of 19.4% of March. On a European ...

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