Economic
Healthcare: Romania reports cases of multidrug-resistant tuberculosis in patients having contracted it abroad
Tuesday, March 25, 2025
In the last three years, cases of multidrug-resistant tuberculosis (MDR-TB) have appeared in Timis County, being found in patients who have contracted the disease abroad, pulmonologist Adriana Socaci, primary pulmonologist, county technical coordinator of the National Programme for Tuberculosis Prevention, Monitoring and Control told on Monday.Multidrug-resistant tuberculosis is a dangerous form of tuberculosis caused by Kock's bacillus that have become ...
Trade: BNPL accelerates change in eCommerce: evomag sees 130% growth in online payments
Tuesday, March 25, 2025
BNPL (Buy Now Pay Later) or interest-free installment payments directly from your debit card is no longer a niche option, but a game-changer in online commerce. In Romania, demand for the BNPL payment option has doubled in the last two years, with evomag recording a 130% increase year-on-year. Shoppers are looking for flexibility and this method gives them quick access to high-value products without financial ...
Tourism : Labour shortage in hospitality sector reaches alarming levels, even 50 pct in tourist resorts
Tuesday, March 25, 2025
Staff shortages in HoReCa is estimated at 20-25% nationwide, and it can even reach 50% in tourist cities, in high season, the legislative measures and taxation of the labor force being an impediment in the employer-employee relationship, the Federation of Hospitality Industry Employers in Romania (FPIOR) draws attention in a press release sent on Monday.According to the cited source, FPIOR said that more than 20% of unskilled workers in the hospitality ...
Foreign tourists spent more than 6.58B RON in Romania, in 2024
Tuesday, March 25, 2025
The total number of non-resident tourists accommodated in collective tourist accommodation units, in 2024, was 2.178 million, their expenses totaling 6.588 billion RON, an average of 3,024.1 RON per person, according to a press release of the National Institute of Statistics (INS), sent on Wednesday.Business trips represented 49.2% of the total trips of non-resident tourists arriving in Romania in 2024, their expenses representing 55.7% of the ...
Corinthia Grand Hotel du Boulevard Bucharest officially opens its doors
Tuesday, March 25, 2025
Corinthia Grand Hotel du Boulevard Bucharest, the highly anticipated all-suite boutique luxury hotel in Romania’s vibrant capital, is now officially open. Welcoming guests from around the world, the hotel redefines luxury hospitality in the country, offering an intimate and meticulously curated experience. Situated at the prestigious intersection of Calea Victoriei and Elisabeta ...
Cars :The Deloitte 2025 Global Automotive Consumer study: Consumer interest in electric cars continues to decline
Tuesday, March 25, 2025
Consumer interest in electric cars continues to decline in the world’s largest markets, in favour of the internal combustion engines, that are gaining ground in consumer preferences in Germany (53%, up from 49% in 2024), Japan (41%, up from 34% in 2024), India (54%, up from 49%) or China (38%, up from 33%), except in the USA where, however, classical engines hold a high share in consumer options (62% vs. 67% in 2024), according to ...
Car trade up 6pct in January 2025 against january 2024
Tuesday, March 25, 2025
Wholesale and retail trade and repair and maintenance of motor vehicles and motorcycles, increased by 6% in January 2025, as gross series, compared to the same month last year, and by 1.4%, as an adjusted series, depending on the number of business days and seasonality, according to data published on Friday by the National Institute of Statistics (INS).According to the same source, in the reference interval, increases in turnover were recorded, as ...
Real Estate: Office market in Bucharest, at lowest level of deliveries in last two decades
Tuesday, March 25, 2025
Last year, the Bucharest office market recorded the lowest level of deliveries in the last two decades, with only one major project completed, and total leasing demand decreased by 18% compared to 2023 data, reveals a specialised analysis published on Thursday."Total leasing demand fell last year to around 340,000 square meters (...). In contrast, new demand remained at 116,000 square meters, slightly above the 2023 level. The difference ...
Deloitte Study: Labor and construction costs, top concerns of real estate developers în Romania
Tuesday, March 25, 2025
Construction labor cost and availability become the main concern of real estate developers in Central Europe in 2025 (26%), surpassing project financing, the dominant issue in recent years, followed by construction costs (20%) and plot acquisition for future developments (18%), according to Deloitte 2025 Real ...
Agriculture: EPPO conducts searches in investigation into €850 000 fraud involving irrigation systems
Tuesday, March 18, 2025
The European Public Prosecutor’s Office (EPPO) in Iasi (Romania) conducted four searches on Thursday in the Galati county, in an investigation into a €850 000 fraud involving a project for modernising irrigation systems, funded by the EU, ...
Healthcare: Study: Vaccination rates declining for essential vaccines
Tuesday, March 18, 2025
Vaccination rates are declining for two essential vaccines - the MMR (measles, mumps, rubella) vaccine and the pneumococcal vaccine, with identified causes including misinformation on social media, the elimination of school vaccinations and isolation in rural areas, according to the study "Barriers to Vaccination in Rural Areas: Perspectives of Family Doctors and Community Nurses," launched by the Save the Children Romania organisation on last Thursday.Thus, ...
Romanian Society of Nephrology calls for priority CKD diagnosis, treatment
Tuesday, March 18, 2025
The Romanian Society of Nephrology on Thursday called for early diagnosis and treatment of chronic kidney disease (CKD), a condition that affects the lives of approximately 1 in 10 Romanians to remain a priority.According to statistics, in Romania, only 10% of people with CKD are diagnosed in the early stages."The kidneys don't hurt, but CKD can affect you silently. Do your tests, go to the nephrologist and protect your life!", is the ...
Infrastructure: Analysis: 2024 a record year for infrastructure in Romania
Tuesday, March 18, 2025
197 km of highways and express road were completed in 2024, a record for infrastructure in Romania. Of them, 100 km were part of Highway A7 (Moldova Higway). However, according to deadlines for completed works published by the National Road Infrastructure Management Company (CNAIR), 2025 could yield special results for highways. If all deadlines are observed, over 300 km of highway and 29 km of express ...
Romania implementing projects for modernisation of 8,500 km water pipes and 9,500 km sewerage pipes
Tuesday, March 18, 2025
Romania is currently implementing projects for the modernisation of 8,500 km of water pipes and 9,500 km of sewerage pipes in approximately 900 localities, Minister of Investments and European Projects Marcel Bolos announced."For hundreds of thousands of Romanians, this means no longer relying on wells or unsafe water sources, having functional bathrooms in their homes, and living in decent conditions. It is essential to accelerate these works because ...
Trade: Romania's eCommerce market to exceed EUR 8.8 billion in 2025
Tuesday, March 18, 2025
Romania's e-commerce market will exceed EUR 8 billion in 2025, after reaching EUR 7.7 billion in 2024, according to estimates in a special report published on last Wednesday.According to the second edition of "eCommerce Insights 2025", conducted by MerchantPro, despite the difficult geopolitical and socio-economic context, the local eCommerce market showed high resilience and a good ability to adapt, reporting a growth of 8%, significantly higher than the ...
Real Estate: Housing deliveries in Bucharest remain at a low level in 2025
Tuesday, March 18, 2025
Approximately 18,000 new homes could be completed in Bucharest and its surroundings in 2025, according to the market report “Romania Residential Market Genome” issued by real estate consultant SVN Romania. This volume is as low as the one registered in 2024, when the lowest level of residential deliveries in the recent five years was recorded. Almost 17,000 new homes were completed in 2024 in Bucharest – ...
Fewer Romanians can afford to buy a home
Tuesday, March 18, 2025
Only 73% of urban Romanians own their home, significantly below the official 95% statistic, according to a survey of 1,000 respondents conducted earlier this year by Unlock Market Research for Colliers. Interest in homeownership has dropped from around 44% in previous years to 35% in 2025, driven by rising property prices and stricter lending conditions. Meanwhile, only 6% of non-renters plan to move ...
Completed housing units in Romania, down 10,667 in 2024
Tuesday, March 18, 2025
The number of housing units completed in Romania in 2024 was 60,787, down 10,667 units year-on-year, according to provisional data published on Wednesday by the National Institute of Statistics (INS).According to official statistics, in 2024, there was an increase in the share of completed housing in rural areas in 2024, from 39% in 2023 to 43% in 2024, and a decrease in urban areas, from 61% to 57%.A breakdown by financing funds for ...
Cushman & Wakefield Echinox: The average cost of fitting out offices in Bucharest increased by 12% in 2024
Tuesday, March 18, 2025
The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the Fit-Out Cost Guide 2025. Key factors driving this ...
Land continues to be a strategic investment despite political and economic uncertainty
Tuesday, March 18, 2025
Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers’ annual report. Bucharest and its metropolitan area continued to be the main hub for transactions, accounting for 80% of the total, while residential projects made up 70% of these deals. Land plots with approved urban planning documentation preserved ...
