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Sheraton hotel in Bucharest wants to add 100-room extension

Tuesday, November 24, 2020

Grand Plaza Hotel, the company that owns the Sheraton hotel in central Bucharest, wants to add about 100 rooms to the 270 existing ones by building another ...

Trade: Laptop imports in Romania grew by 38% in first 7 months

Tuesday, November 17, 2020

Romania and Denmark recorded, in the first 6 months of the year, the highest increases for laptop imports in EU – 38%, according to a press release of InfoCons association.   This year, laptop imports reached a historic high level, as a result of the pandemic and of the fact that people had to work or study from home. Most non EU imports (90%) came from China: 14.4 billion euros in the first 7 ...

Online shops had average increases of 50% in October

Tuesday, November 17, 2020


The number and value of orders in October grew by 50% against the same period of 2019, MerchantPro, a local Saas eCommerce platform announced, according to which the growing trend will continue in November.   In June-August, there was a temperate increase of 35% against 2019 as transaction value, and there were new record increases in the fall. In September, the increase for the two segments analyzed was ...

Customer Experience thrives on digital transformation in the new reality

Tuesday, November 17, 2020

The 2020 edition of the KPMG Customer Experience Excellence Report developed by KPMG and based on a study conducted at the height of the lockdown in 27 countries and regions, including Romania, uncovers a shift in values and behavior, as customers become increasingly vulnerable and less in control than ever before, resulting in a fundamental transformation in how people interact with brands.    This ...

Healthcare: Survey: 38.6% of Romanians say they would not get vaccinated against COVID-19

Tuesday, November 17, 2020

More than 38% of a survey respondents said they would not get vaccinated against COVID-19 if such treatment were available in the next period.The survey was conducted between September 25 and October 16, by the Center for Sociological Research Larics (CCSL), in partnership with the Romanian Association of International Drug Manufacturers (ARPIM) and the Institute of Political Science and International Relations (ISPRI), under the aegis of the Department of ...

Cars : Automotive sales decrease by 28.7% pct in first ten months of year

Tuesday, November 17, 2020

Romania's automotive sales decreased by 28.7% pct in the first ten months of the year, compared to the similar period last year, a margin within which electric cars (BEV, PHEV) are up 67.7%, the Association of Automotive Manufacturers and Importers (APIA) said in a release on Wednesday.At the national sectoral level, Romania's flagship car maker Dacia still tops the brand ranking (cars + commercial vehicles) with 31,814 units sold, followed by Renault - with ...

Real Estate: Bucharest office market continues to develop, with a slight return in demand in the third quarter

Tuesday, November 17, 2020

The office market in Bucharest continues to grow, in the first nine months of the year being delivered new spaces with a total area of124,000 square meters, while developers have in various phases of construction buildings with a cumulative area of 388,000 square meters, according to real estate consulting company Cushman & Wakefield Echinox. The commercial stock (for leasing) of office buildings in Bucharest reaches about 2.9 million square ...

Tourism : The government adopted the Memorandum to offer state aid to the companies in HoReCa

Tuesday, November 17, 2020

The government approved, during the meeting on Thursday, the memorandum to offer state aid to the companies in HoReCa, the industry of hospitality and tourism agencies. The companies affected will receive 20% of the loss suffered in 2020, against the turnover of 2019. To get the aid, the approval of the European Commission will be required.   ‘To compensate the loss suffered by some economic agents, in the context of ...

Infrastructure : Minister Bode: for the next ten years, the transport infrastructure needs 72,2 billion euro

Tuesday, November 17, 2020


The total necessary for financing for the next ten years for all means of transport is approximately 72,2 billion euro, stated the minister of transport, infrastructure and communications, Lucian Bode. ‘ One of the most important factors which define the ministerial activity of this year – and this is a key document – is the Plan for Investment for the development of transport infrastructure for 2020 – ...

Rail passenger transport in Romania had one of the smallest drops in the EU in Q2

Tuesday, November 17, 2020

The rail passenger transport dropped in all member states of the EU in Q2 this year as compared to the similar period of last year, in the context of the pandemics, but the decline registered in Romania was one of the smallest registered at the level of the EU, show the data published by Eurostat.According to the data, in Romania  a number of 9.067 million passengers travelled by train between April -  June 2020, with 7.943 million fewer than ...

Telecom. IT: Digital market in Romania will exceed 80 million euros in 2020

Tuesday, November 17, 2020


The digital market in Romania exceeds this year 80 million euros, on the rise by over 45% compared to 2019, according to IAB data – the association of online marketing and advertising industry, quoted in a study made by a web developing agency. According to Kiklab analysis, requests for online stores and for digital marketing exploded in the second half of the year, with a request increase of over 60%, while in 2019 most small ...

Number of Internet connections grows by 1.8% in 2019

Tuesday, November 17, 2020

The number of Internet connections grew last year by 1.8%, to 22.3 millions while the number of mobile phone connections grew by 0.4% to 22.7 millions, according to data centralized by the National Statistics Institute.   There drops in the voice traffic made in fixed phone networks. The most important drops were recorded  for national and international traffic, both of them dropping by 23.2%, ...

Agriculture: Wine industry readapts business to online sales and exports

Tuesday, November 17, 2020

Romanian wine producers and retailers who sell such products, say they learned from the pandemic to adapt to the new conditions, accent being laid, more than ever, on the interaction with clients in the online environment.   On the other hand, players in the industry said they were affected by problems that have affected the HoReCa sector and a readaptation of businesses was ...

Romania exported 1.06 million tons of wheat and 268,782 tons of corn in last 4 months

Tuesday, November 17, 2020


Since July 1, 2020 when the farming season 2020-2021 started, until November 8, 2020, Romania exported 1.065 million tons of soft wheat and imported 16.135 tons of wheat, according to official data published by the European Commission on Monday.   EC points out that in the first 4 months of the present season, wheat exports in EU and Great Britain dropped by 24% to 7.84 million tons and imports went up by ...

Real estate: Real estate investment market in Romania, the least affected by sanitary crisis

Tuesday, November 10, 2020

The real estate investment market in Romania is the least affected by the sanitary crisis, performing better in the first three quarters of the year than in the entire 2019, with a total investment volume of over 738 million euros, a specialized study shows. According to the mentioned source, crisis effects will not be substantially reflected in the real estate investment market at least until the end of the ...

Impact Developer & Contractor started the construction of Greenfield Plaza

Tuesday, November 10, 2020

Impact Developer & Contractor started the construction works at the fourth phase of development of the Greenfield Baneasa residential compound. This will include Impact's first commercial project, Greenfield Plaza, with 7,258 sqm of space for trade and services and 1,184 sqm of office ...

Trade: Romania, the seventh beer market in Europe

Tuesday, November 10, 2020

The beer market volume in 2019 maintained at the level of the previous year, with a slight growth of 0.4% in volume, reaching 16.7 million hl, according to data of the Beer Makers Association in Romania, which shows that Romania is the seventh beer market in Europe, having a national character since 97% of the beer consumed in Romania is producer locally and 50% of ingredients are local.   Association ...

Agriculture: Slaughters in sheep, goats, poultry - up in September

Tuesday, November 10, 2020

• In September 2020, compared to August 2020, the slaughtering increased for pigs and poultry and decreased for cattle and sheep and goats; the carcass weight increased for pigs, sheep and goats and poultry and decreased for cattle. • Compared to September 2019, the slaughtering increased for sheep and goats and poultry and decreased for cattle and pigs; the carcass weight increased for pigs and sheep and ...

Infrastructure: Blue Air announces direct flights between Bucharest Otopeni and Paris Charles de Gaulle, as of December 1

Tuesday, November 10, 2020

  All Blue Air flights operated on the route Bucharest - Paris will have Charles de Gaulle as their destination airport, starting with December 18, 2020, the company announced on Friday.Thus, Blue Air will transfer to Charles de Gaulle the flights previously operated at Beauvais Airport, offering three weekly flights during the 20/21 winter schedule. Ticket prices start at 29.99 euros/segment, taxes included.Starting with December 18, Blue ...

Financing contract for metro Line 6 project, signed; its value - over 6.3bn lei

Tuesday, November 10, 2020

The Ministry of Transport, Infrastructure and Communications and Metrorex have signed the financing contract for the project "Connection of the metro network with Henri Coanda Airport - Otopeni (1 Mai - Otopeni Line 6)", amounting to 6.334 billion lei.According to a Metrorex release, the project of Line 6 will ensure the connection of the Bucharest metro network with the Henri Coanda - Otopeni International Airport.The metro Line 6 will have a ...

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