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Economic
Romanians spend 250 ml euros a year fon vending machine coffee, beverages, snacks
Tuesday, February 23, 2021
Romanians spend 250 million euros yearly on coffee, juice or snacks from vending machines, shows a statistical report published on Monday by a manufacturer of electronic devices."There are currently 120,000 vending machines in Romania, and in large cities 70 percent of the payments for such dispenser products are made with cash. In small towns, villages and communes, cash payments account for an overwhelming 85 percent. In times of pandemic, shifting from ...
Eurostat: Online shopping ever more popular in 2020
Tuesday, February 23, 2021
Online shopping is continuing to grow in the European Union (EU). With high street shopping affected by the COVID-19 restrictions and changes in habits and preferences, e-commerce can be expected to grow further. In the 12 months prior to the 2020 survey, 89% of people aged 16 to 74 in the EU had used the internet, 72% of whom had bought or ordered goods or services for private use. Online shopping ...
Infrastructure: Iasi Airport to be expanded under EUR 75 mln project
Tuesday, February 23, 2021
The Iasi County Council in eastern Romania will apply for financing from the European Union’s budget for a EUR 75 million project aimed at doubling the capacity of the Airport by 2023. “It is going to be a completely new airport,” promised the head of the County Council, Costel ...
ACI Europe : Pessimistic prognosis for Bucharest airports traffic is of 5.5 million passengers, in 2021
Tuesday, February 23, 2021
The average estimate of Airports Council International (ACI Europe) for Bucharest airports traffic in 2021 is somewhere around 7.5 million passengers, but the pessimistic prognosis which we do not want is of 5.5 million passengers, according to the CEO of the National Company of Bucharest Airports, Cosmin Pestesan.The two airports from the capital - Henri Coanda Otopeni and Aurel Vlaicu Baneasa - have registered last year an air traffic of over 4.46 million ...
Agriculture : Romania spends rd 64 million Euro for purchasing potatoes which could be produced locally
Tuesday, February 23, 2021
Romania spends approximately 64 million Euro per year for purchasing import potatoes, despite that they can be produced locally, declared on Thursday, the minister of Agriculture, Adrian Oros, during an online debate regarding the potato market."Today, according to the data from APIA (Agency for Payments and Intervention in Agriculture), we have a real potato cultivated surface of around 28,000 hectares, and the internal potato production covers, according ...
AgriMin Oros seeks MEPs' support for continuation of properly regulated livestock exports
Tuesday, February 23, 2021
Romania has large stocks of sheep for export, a potential it needs to capitalize upon, Minister of Agriculture and Rural Development Adrian Oros said during a meeting with Romanian MEPs, members of the Committee on Agriculture and Rural Development."Minister Adrian Oros addressed the Romanian MEPs, members of the Committee on Agriculture and Rural Development, about support for Romanian animal breeders. Live animal exports should not be banned, but their ...
Cars: First showroom for Tesla cars opened in Romania
Tuesday, February 23, 2021
Teslounge Bucharest has announced the opening of the first independent showroom in Romania destined to Tesla vehicles. The 250-sqm showroom is the largest in southeastern ...
Trade: REVEAL MARKETING RESEARCH STUDY ON THE IMPACT OF LOVE MONTH CAMPAIGNS ON THE ROMANIAN PUBLIC
Tuesday, February 16, 2021
* More than half of Romanians (58%) believe that Valentine’s Day and Dragobete ads improve the brand image. Study by Reveal Marketing Research on the impact of campaigns during the month of love on the Romanian public Context February is an opportunity for brands to promote their products or services with various holiday ...
Infrastructure: Henri Coanda Airport adapts its terminal infrastructure to traffic: only 52 check-in counters, 14 boarding gates
Tuesday, February 16, 2021
Henri Coanda Airport adapts its terminal infrastructure to current traffic values and will keep open only 52 check-in counters through which passengers will be processed on the Departures flow and only 14 boarding gates for international flights, the Bucharest Airports National Company (CNAB) informs on Thursday."The Covid-19 pandemic has severely affected air traffic, especially international traffic, which is currently at about 15-20% of the normal in this ...
Healthcare: KeysFin: Romania's private healthcare services market estimated at almost 15bl lei in 2020
Tuesday, February 16, 2021
Romania's private healthcare services market is estimated at almost 15 billion lei in 2020, up from about 14 billion lei in 2019, boosted by testing services and increased demand for healthcare services from the private sector, according to a KeysFin analysis."The turnover of the Romanian private healthcare services market increased by 18% from 2018 and to almost 330% above the 2010level, at nearly 14 billion lei in 2019. For 2020, KeysFin specialists are ...
Real Estate: New housing market makes spectacular recovery in last quarter of 2020
Tuesday, February 16, 2021
The new housing market had a spectacular recovery in the last quarter of 2020, with a significant increase in trading activity between October and December, according to a press release of a company in the field.Moreover, throughout the year, both the development and the trading activity registered an advance compared to the previous year."The engine of market performance has been to transform homes into a multidimensional space. Buyers have been ...
“CEE Investment Scene Q1-Q4 2020” report: Investments in the Romanian real estate market amounted to 900 million euros in 2020
Tuesday, February 16, 2021
The Romanian real estate investment market grew in 2020 despite the pandemic context and closed the year with a total value of investment transactions worth almost 900 million euro, which represents almost 8.5% of the total 10.4 billion euro investment volume recorded by the 6 largest countries in Eastern Europe, reveals Colliers in its latest “CEE Investment Scene Q1-Q4 2020” report. Romania almost doubled its share in the region’s turnover over the ...
Agriculture: Romania, responsible for two thirds of EU corn exports in 2020/2021 season
Tuesday, February 16, 2021
EU corn exports in 2020/2021 season, which started on July 1,2020, reached 1.274 million tons by January 31, 2021, according to data issued by the European Commission on Monday. It is less than half the quantity of 2.958 million tons of corn exported in the same period of the previous season. Among member states, the biggest corn exporter is Romania by far, with 854,143 tons, that is about 67% of ...
Tourism: Business figure of hotels dropped by 70% in 2020
Tuesday, February 16, 2021
In 2020 the hotel industry had a business figure of 70% against the previous year, said Simona Constantinescu, general manager of Ana Hotels, mentioning that HoReCa industry is most affected and many businesses will not get over this pandemic. “What we succeeded at federation level and in the tourism field, especially hotels, we have a drop of 70% of the business figure in 2020 against 2019, ...
Deloitte study: the European hotel industry is expected to reach again the 2019 performance levels starting from 2023
Tuesday, February 16, 2021
The current disruption of the European hotel industry will continue until mid-2021 and the recovery period will be significantly longer, as 51% of hospitality owners, lenders, developers and investors expect to reach again the 2019 performance levels in 2023 and 20% believe it will not be until 2024 and beyond, according to the latest edition ...
HORA:We have EconMin approval for 2.5 billion RON for supporting hospitality industry
Tuesday, February 16, 2021
The Minister of Economy, Entrepreneurship and Tourism, Claudiu Nasui, gave his approval for the allocation of 2.5 billion RON for supporting the operators from the tourism industry, the president of the Romanian Hotels and Restaurants' Employers Association (HORA) Daniel Mischie declared, on Monday, at the end of a meeting the HoReCa industry union leaders had with the minister."The most important topic that was discussed was the allocation of budgetary ...
Cars: APIA: This January's motor vehicle registrations drop 46.6pc, 52.2pc setback for car registrations
Tuesday, February 16, 2021
Romania's motor vehicle registrations were 46.6 percent less this January compared to the same month of 2020, with car registrations suffering a 52.2 percent setback, shows statistical data of the Association of Automobile Manufacturers and Importers (APIA) released on Monday.The top brands (cars + commercial vehicles) on the domestic market in January 2021 are Dacia - with 1,160 units, followed by Ford (987 units), Toyota (764), Hyundai (661), Volkswagen ...
Statistics: Turnover in motor vehicle trade down 8.7pct last year
Tuesday, February 16, 2021
The volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, gross series, decreased by 8.7pct, in 2020, compared to 2019, largely as a result of the activities registered in the passenger cars trade (-14.3pct), the data published on Monday by the National Institute of Statistics (INS) show.Regarding the activity of market services provided to the population, gross series, last year, it ...
Infrastructure: CFR SA has started the programme for railway infrastructure maintenance
Tuesday, February 9, 2021
CFR SA has started the programme for maintenance of the railway infrastructure and consolidation of the parts on the whole of the railway network, managed locally by the eight regional branches, the company announced on Friday. The National Railway Company "CFR" - SA is the Romanian Railway Infrastructure Manager.According to the quoted source, these maintenance works are made in direct labour operation, with CFR equipment and specialty railway personnel ...
Tourism : Almost 4,500 Romanians went to the beach in the Maldives and ranks 5th in the top of foreign tourists
Tuesday, February 9, 2021
Almost 4,500 Romanians spent their holidays in the Maldives this year. Thus, Romania became the fifth-largest country of origin for foreign tourists visiting this destination, after Russia, India, Ukraine, and Kazakhstan, ...