Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

MADR: Lower production of cow milk, pork meat, eggs and honey in first 10 months, 2019. Increases for beef, lamb meat and wool

Tuesday, January 14, 2020

The cow milk production dropped by 3% in the first 10 months, 2019, compared to the same period of 2018, on the background of a 6% drop of the number of cattle, while the beef meat  production recorded an increase of 7% in the mentioned period, according to data supplied by the Ministry of Agriculture. “In the first 10 months of 2019, the number of cattle dropped by 6% against the same period of 2018. The drop was obvious with small farms of ...

Real Estate: The real estate market in 2019: Cluj-Napoca had, again the biggest increase of price

Tuesday, January 14, 2020

200114105633real_estate_market.jpg

The prices of apartments have continued in 2019 the upwards trend, but they have also started a slightly more abrupt one as compared to 2018. Cluj-Napoca had, again the biggest increases of price. The capital city was at a considerable distance behind, according to the data sent by the portal Imobiliare.ro. At the end of December 2019,  the average sum required for the apartments available for sale at national level (both old and new) reached ...

Infrastructure: TAROM signs acquisition agreement for nine new ATR 72-600 aircraft

Tuesday, January 7, 2020

The national airline TAROM signed the leasing agreement for nine new ATR 72-600 aircraft, with 72 seats, to be used in the regional, domestic and international flights, and to replace the existing ATRs the company has now in its fleet, the Ministry of Transport, Infrastructure and Communications (MTIC) announced on Friday."I saw that, in the recent time, after going through several "turbulences," the national airline TAROM is beginning to recover. Ever since my ...

Cluj Avram Iancu Airport receives 44 million lei for development

Tuesday, January 7, 2020

The management of the Cluj Avram Iancu International Airport signed contracts for funding from non-reimbursable funds under the Large Infrastructure Operational Programme for two major development projects, with a total value worth 44 million lei."It is an extraordinary success of the airport. The Airport concluded and signed funding contracts, two contracts, worth almost 10 million euro, very important for the development of the airport. It is the taxiway, where ...

Infrastructure in Romania – present stage

Tuesday, January 7, 2020

20010710195410_done_autostrada_brasov___bors_sectiunea_2b_radu_popaccf7_0.jpg

Romania has now 836 km of operational highways. In 2019 only 22.14 km, Lugoj-Deva lot 4, were commissioned, although transport minister  Rovana Plumb promised at the beginning of 2019 that there would be 180 km of highway ready by the end of the year. Later on, when Razvan Cuc returned at the head of the Ministry of Transports, the promise dropped to 100 km for 2019 and succeeded to open 22.14 km for lot 4 of Lugoj-Deva highway. Lot 3 of the same ...

Agriculture: Ministry of Agriculture: Corn production drops by 9% in 2019

Tuesday, January 7, 2020

200107102044ac1.jpg

In 2019 Romania obtained 16.99 million tons of corn maize, on the drop by 9% (1.67 million tons) compared to 2018, when it obtained 18.66 million tons, although the area was bigger by 240,000 ha,  according to data supplied by the Ministry of Agriculture. In 2019, the area cultivated with corn exceeded 2.65 million ha, while in 2018  lands growing corn occupied 2.41 million hectares. This year's profit was about 6,500 ...

Tourism : Over 1.72 million tourist arrivals in Bucharest in first ten months of 2019

Tuesday, January 7, 2020

200107102238bucharest_old_town1.jpg

Over 1.72 million tourist arrivals were registered in Bucharest in the first ten months of this year, the highest number being recorded in September, respectively 196,410, according to the data centralized by the National Institute of Statistics (INS).Most arrivals, respectively 1.63 million (94.7pct of the total), were registered in hotels.As for the overnight stays, their number was 2.99 million, most being in October - 343,720.The index ...

Non-resident tourists spend in Romania about 5.5 billion lei in first 9 months of 2019

Tuesday, January 7, 2020

The number of non-resident tourists accommodated in the first nine months of 2019 in Romania's collective tourist accommodation units amounted to about 2.106 million people, and their spending exceeded 5.485 billion lei, according to the data centralized by the National Institute of Statistics (INS).The main purpose of their stay in Romania was business and professional: participation in congresses, conferences, courses, trade fairs and exhibitions - 54.6 percent ...

Cars: Lamborghini, Ferrari, Jaguar, among the expensive automobiles registered by Romanians January through November 2019

Tuesday, January 7, 2020

200107102442images__1_.jpeg

Romanians have registered in January through November 2019 as many as 26 new Lamborghini and 18 Ferrari among the expensive automobile brands preferred being also Jaguar, Lexus, Maserati, Bentley and Aston Martin, says a release by the Driving License and Vehicles Registration Directorate (DRPCIV).According to the data released by DRPCIV, in the said period the highest rate of registration of expensive new cars was recorded by Lamborghini (271.3pct), followed by ...

APIA: Romania records consistent car market growth of 8.2% in 2019

Tuesday, January 7, 2020

November recorded an overall car market drop for the second time in 2019 – 1.2% against November 2018, but contrary to many EU states, the Romanian market recorded a consistent growth of 8.2% in the first 11 months of  2019, according to APIA data. The automobile market in Romania registered the sixth growth year in 2019. The general car market growth is only 8.2%, compared to 2018 (against +9.3% in 10 months). However, compared to other EU ...

Real Estate: The stock of modern offices outside Bucharest will reach the threshold of 1 million square metres in 2020

Tuesday, January 7, 2020

The stock of modern offices of the big regional centres of Romania – Cluj-Napoca, Timisoara, Iasi and Brasov – will reach the threshold of 1 million square metres in 2020 with a delay of almost one year against the initial estimate, according to a report sent by the real estate consultancy company Cushman&Wakefield Echinox. The data of the report show that 2019 was a record year as regards the deliveries, with a volume of almost 130,000 ...

Trade: Analysis: two thirds of the profit of companies in the food retail belong to foreign retailers

Tuesday, January 7, 2020

The profit obtained by the companies activating in the domain of retail especially with food products, tobacco and drinks is growing, and the biggest share, approximately two thirds is generated by a limited number of companies, mostly with foreign majority capital,  according to a study made by Termene.ro. Thus, the profit reported by the companies activating in the analysed domain has continuously increased and reached in the last financial ...

Analysis: the market of consumer goods will grow by over 12% this year

Tuesday, January 7, 2020

200107102539180904112305ind_consumer.jpg

The market of consumer goods, this year, will have an advance of over 12%, evolution stimulated by the growth of demand, as a result of the increase of salaries and pensions, and not last, the advance of  prices, shows an analysis of the consultancy company Frames according to which the Christmas shopping season will boost the results in the whole Romanian commerce, from the food sector to the consumer goods. ‘After the advance of 8% of ...

Trade: Software and digital service sales grew in Romania by 70% between Black Friday and Cyber Monday

Tuesday, December 24, 2019

191224101629software2.jpeg

Software and digital service sales in Romania, during Black Friday were 73% higher than on any other day in November, while on Cyber Monday, most sales were 79%, according to a specialized analysis, made by one of the global solution suppliers for companies. 2Checkout data show that global online sales of software and digital services grew by 37% between Black Friday and Cyber Monday (November 29 – December 3, 2019). Most ...

Romanians spent more buying TV sets and electronic products on Black Friday 

Tuesday, December 24, 2019

Romanians spent an average of 800 lei to buy TV sets and electronic products on Black Friday, 2019 and a third of Internet users used their savings for the sales event, according to a study released on Wednesday. The study made by Starcom, in partnership with the research agency Kantar TNS, shows that the number of Romanians buying on Black Friday is on the rise, with a 22% higher conversion rate from intention to online purchase compared to ...

Romanians’ Christmas Expenditure

Tuesday, December 24, 2019

In Romania the budget allotted to the Christmas shopping is around EUR 250, as against the EUR 460 at European level, says a survey conducted by Reveal Marketing Research during December 6-15, 2019. The study surveyed residents in the cities how they will get ready for the winter holidays, what are their budgets and how important these moments are for them. About EUR 100 (RON 477) are destined to the expenses on foodstuff, while ...

Infrastructure : EIB financing possibilities for new terminal at the Henri Coanda International Airport

Tuesday, December 24, 2019

191224101748Otopeni_New_Terminal.jpg

 Minister of Transport Lucian Bode on Tuesday discussed in principle with representatives of the European Investment Bank (EIB) about such projects as the new terminal at the Henri Coanda International Airport, railway infrastructure projects or providing technical assistance for projects related to road safety, reads a press release of the Ministry of Transport.The discussions between the two parties focused on identifying new sources for financing major ...

Healthcare: Eurostat:Cyprus, Romania and Bulgaria, in the first places in the EU at birth by Caesarean section

Tuesday, December 24, 2019

In 2017, caesarean sections, in other words, the delivery of one or more babies through an incision in a mother’s abdomen and uterus, were performed at least 1.4 million times in the EU, Eurostat data show. Caesareans were most frequent in Cyprus (54.8 % of all live births in 2017), followed by Romania (44.1%), Bulgaria (43.1%), Poland (39.3%) and Hungary (37.3%), and the least in Finland (16.5%), Sweden (16.6%), Estonia and Lithuania (both ...

Agriculture: Global Food Security Index 2019: Romania ranks 38th

Tuesday, December 24, 2019

191224102004ro_1.jpg

Romania ranks 38th of 113 countries in the global top of food security, according to data included in Global Food Security Index (GFSI), a report drew up by the research division of The Economist Intelligence Unit (EIU) and supported by Corteva Agriscience, a company active in the agricultural domain. According to the analysis released on Friday, Romania ranks 38th, mostly thanks to food availability and quality, food security programs and the farmers' ...

Exports of grain and grain-based foods up 16.8 per cent in January-September

Tuesday, December 24, 2019

Romania exported grains and grain-based foods worth 1.987 billion euros in January-September this year, by 16.8 per cent more compared with the same period of last year, according to data centralized by the National Institute of Statistics (INS).On the other hand, imports of grains and grain-based foods amounted to 690.3 million euros (plus 14.8 per cent), resulting in a surplus of 1.296 billion euros.Romania obtained a production of 16.99 million ...

Premium News

Daily

Wednesday, June 3, 2020

Financial & Banking

Monday, June 1, 2020

Economic

Tuesday, June 2, 2020

Companies

Wednesday, June 3, 2020

Energy & Environment

Thursday, May 28, 2020