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Residential building permits in Romania, down 23.7pct in Q1 2023

Tuesday, May 2, 2023

Almost 8,000 residential building permits were issued in Romania in Q1 2023, down 23.7% y-o-y, according to data published on Friday by the National Institute of Statistics (INS).According to the official statistics, decreases in the number of building permits were registered in the following development regions: Bucharest-Ilfov (-535 permits), Nord-Vest (-447), Sud-Muntenia (-378), Sud-Est (-302), Vest (-284), Sud-Vest Oltenia (-277) and Nord-Est (-273). ...

The first quarter of 2023 was one of the slowest in the post-pandemic period in terms of demand for the office market

Tuesday, May 2, 2023

Leasing activity in the Bucharest office market recorded a slowdown in the first quarter of 2023 by comparison to the recovery phase of the post-pandemic period, with new demand almost halving compared to last year’s first quarter, while total demand also declined by about 25%, according to data from Colliers.   Even so, given the robust pipeline of deals, Colliers’ consultants remain cautiously optimistic and ...

Trade: Romanians made online orders worth EUR 180 million in the first quarter of the year

Tuesday, May 2, 2023

The Romanian e-commerce market registered an upward trend in the first quarter of 2023, with the total value of orders being over 180 million euros, despite high inflation, according to an analysis by Limitless Agency, one of the largest digital marketing agencies in Romania. In Q1, the largest order placed online was a TV worth more than 148,000 euros.   According to the analysis based on data from approximately 400 online ...

Infrastructure: EC's Valean: Romania must have at least 3 completed motorways, navigable Danube all year round

Tuesday, May 2, 2023

Romania must have at least three completed motorways - A1, A3 and A8 - in order to have a resilient national infrastructure, but also a navigable Danube all year round and a modern maritime hub in Constanta, European Commissioner for Transport Adina Valean said on Wednesday at the sixth edition of the Critical Infrastructure Protection Forum (CIP Forum)."In order to have a resilient national infrastructure, we need at least three completed motorways - A1, A3 ...

Wizz Air market share to reach over 53%, after taking over routes from BlueAir

Tuesday, May 2, 2023


Wizz Air's market share in Romania will reach 53% by the end of the year and even more, from over 40%, after the airline operator took over the routes operated by Blue Air, Valeria Bragarenco, Corporate Communications manager, said on Tuesday, in a meeting with journalists."Our share of over 40% will reach 53% by the end of the year or even more, because we are now operating the flights that Blue Air used to have and we are trying to offer this possibility ...

Constanta port freight traffic up 10 pct in Q1 2023

Tuesday, May 2, 2023

Freight traffic through the port of Constanta was 10 percent up in Q1 2023 to more than 19 million tons, compared to 17.44 million tons in the first quarter of 2022, which was a record-setting year for Romania's maritime hub and gateway, the Constanta National Seaport Administration Corporation (CNAPM) announced in a release on Tuesday.The increase in total traffic continues the upward trend of recent years. Of the total freight traffic, maritime traffic ...

Healtcare: National Cancer Registry to be set up this year, along with national diagnosis and treatment network

Tuesday, May 2, 2023

Health Minister Alexandru Rafila said on Monday that a new form of the National Cancer Plan is in the works, but that funding for all the activities provided for thereunder would be available only as of next year, after the budget is approved.However, Rafila told a press conference organized at the Health Ministry that some of the measures will be implemented already in 2023, such as: the establishment of the National Cancer Registry; the development of ...

Healthcare: Cardiovascular and cerebrovascular diseases, main cause of illness, morbidity and mortality in Romania

Tuesday, April 25, 2023


 Health minister Alexandru Rafila said on Friday that cardiovascular and cerebrovascular diseases are the main cause of illness, morbidity and mortality in Romania and they also cause most disabilities.Rafila participated in the opening of the first edition of the National Neurology Forum, with the theme "National Strategy for Combating Cardiovascular and Cerebrovascular Diseases", which takes place at the Palace of Parliament."The strategy ...

Infrastructure: Romania's public road network at 86,338 km as of end-2022

Tuesday, April 25, 2023

At the end of 2022, Romania's public road network totaled 86,338 kilometers, of which almost half were modernized, while the length of its railway network stood at over 10,615 km, of which main lines accounted for 56.2 percent, shows data released by on Friday by the National Institute of Statistics (INS).As of December 31, 2022, national roads covered 17,582 km (20.4 percent), county roads - 35,132 km (40.7 percent), and communal roads - 33,622 km (38.9 ...

Trade: Food retail in Romania could exceed 108 billion RON in 2022

Tuesday, April 25, 2023


Food retail in Romania could exceed 108 billion RON in 2022 against the background of the advance of consumption, but especially of the increase of inflationary pressures, shows an analysis carried out by KeysFin & RetailZoom."The turnover of food retail increased by almost 11.7 pct compared to 2020 and was 48 pct above the level of 2017, at 93 billion RON in 2021. For 2022, analysts estimate the approach to the threshold of 108 billion RON on the ...

Positive results in wholesale business in Romania, first two months of 2023

Tuesday, April 25, 2023

  Wholesale trade recorded a 9% higher turnover, as unadjusted series, in the first two months of this year, compared to the same period in 2022, according to data published Friday by the National Institute of Statistics (INS).According to the official statistics, at the end of February 2023, positive results were recorded in intermediation activities in wholesale trade (+36.5%), wholesale of computer and telecommunications equipment (+28.1%), ...

Cars: New car registrations rise 27.7 pct in Q1, almost 35 pct jump for green cars

Tuesday, April 25, 2023


Romania's new car registrations in Q1 2023 were 27.7 percent up from the same period of the previous year, while green cars jumped 34.8 percent to a market share of 20.2 percent, shows data released on Tuesday by the Association of Automobile Manufacturers and Importers (APIA).The passenger car segment represents approximately 85 percent of the overall market, standing at 12,120 units in March 2023, 11.2 percent up year-over-year.Gas engines ...

Jan - Feb turnover of motor vehicle trade up 17.5 pct YoY

Tuesday, April 25, 2023

The turnover of wholesale and retail trade, and the maintenance and repair of motor vehicles and motorcycles over January - February 2023 was 17.5 percent up from the same period of 2022, while the turnover for market services provided to the population increased by 22.4 percent, shows data released on Thursday by the National Institute of Statistics (INS).According to the official report, the activities to see growth in retail volumes over January 1 - ...

Tourism: Most Romanians intend to travel this year; a third prefer going by plane

Tuesday, April 25, 2023

Eight out of ten Romanians intend to travel in 2023, but 86% of themsay they made no bookings, according to a specialized study released on Friday.   According to a Teads survey, 62% of respondents declared they would make necessary arrangements in the first part of the year, but a third (34%) said they would choose air transport for going abroad. In case of domestic destinations, cars are first choice ...

Telecom.IT : Telekom Romania Mobile joins the 5G fray

Tuesday, April 25, 2023

Telekom Romania Mobile has entered the country’s 5G market with a stealth launch via its existing spectrum holding, https://developingtelecoms.com/ ...

The Romanian state reached a degree of digitization of 27% in 2021, up 6% compared to 2020

Tuesday, April 25, 2023

The Romanian state reached a degree of digitisation of 27% in 2021, up by 6% against the previous year, announced on Wednesday the Authority for the Digitisation of Romania (ADR).According to the quoted source, the institutions which registered progress in 2021, through their efforts are: the National Office for Commerce Register, the National Agency for Recruitment, the Work Inspection of Romania, the National Library of Romania, the National Agency for ...

Real Estate: All housing categories in Bucharest recorded price drops in quarter 1, 2023

Tuesday, April 25, 2023


All housing categories- single room and 2-3 rooms apartments recorded price drops in the first three months of the year, according to an analysis made by a real estate platform.   The biggest price drop of the average sales price – of over 13% was recorded for 3 room apartments built before 1977, according to an Agerpress release made on ...

Belgian real-estate developers flock to Romania with risky investments

Tuesday, April 25, 2023

At least 20 Belgian real estate companies are active in Romania, with developers seeking to capitalise on a growing economy and rising purchasing power, while taking risks on their investments, reports ...

Real Estate: Approximately EUR 133 million in real estate transactions in Q1

Tuesday, April 18, 2023

The first quarter of 2023 brought real estate transactions with a total value of approximately EUR 133 million, the most important sale in the office market being that of One Herastrau Office, informs JLL Romania.According to the quoted source, only transactions of at least EUR 5 million were taken into account, and the seven transactions that totalled around EUR 133 million had an average value of EUR 19 million.The industrial space sector attracted 45% of the ...

IT & Communication companies account for highest share of newly leased space in Q1 2023

Tuesday, April 18, 2023

The distribution of tenants across activity fields in Q1 2023 was very balanced, with IT & Communication companies accounting for the highest share of newly leased space - specifically 19 percent, followed by the Medical & Pharmacy and Energy sectors, with 14 and 13 percent, respectively, shows a survey by ESOP Consulting.One of the energy companies that completed the relocation process in the reporting period is Elnet Instal, which holds 1,100 sqm of office space ...

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