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Infrastructure: Valean: Romania risks losing up to 300 million euros from funds for Brasov-Sighisoara railway

Tuesday, October 24, 2023

Romania risks losing up to 300 million euros from funds financing Brasov-Sighisoara railway, obtained in the previous CEF financial mechanism, because it did not carry out any works in the last 7 years, said Adina Valean, the European commissioner for transports, in Strasbourg.   “I can say it is a risk of losing up to 300 million euros from Brasov-Sighisoara financing for railway, a project which ...

Chamber of Commerce head: Port of Constanta can represent a business opportunity for American companies

Tuesday, October 24, 2023

The Port of Constanta can represent a business opportunity for American companies, especially in the context in which it has taken over the activity of the 6 to 7 Ukrainian ports closed due to the war, being the 4th largest in Europe, says president of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban.The CCIR President welcomed on Wednesday the official visit of a delegation from the Commercial Service of the United States of America ...

Adina Valean: Constanta, the only one of the top 10 European ports that is not digitised  

Tuesday, October 24, 2023

The port of Constanta must make supplementary investments, and not only for Ukraine but because it is one of the first ten European ports which is not digitized yet, stated the European Commissioner for transport, Adina Valean. The representative of the EU executive stated, in a meeting with the Romanian journalists in Strasbourg, that Russia’ s bombing of Ukraine’s Danube ports has ...

Ryanair introduces new destinations from Romania, to Paris Beauvais and Tirana

Tuesday, October 24, 2023

   Low-cost airline Ryanair announced on Friday its schedule for the 2023 winter season, with two new destinations departing from Bucharest airport, to Paris Beauvais and Tirana, according to a press release from the airline.According to this programme, Ryanair will operate flights from Bucharest to 27 destinations, including new ones to Paris Beauvais and Tirana. Ryanair will also increase the frequency of flights to six of its most ...

Healthcare: Gov't passes strategy limiting nosocomial infections, combatting antimicrobial resistance

Tuesday, October 24, 2023

The national strategy for the prevention and limitation of hospital-acquired infections and combatting antimicrobial resistance in Romania for the years 2023-2030, approved on Friday by the government, is a multi-sectoral strategy that also takes into account the veterinary sector as well as environmental pollution, according to Health Minister Alexandru Rafila."Regarding the second strategy, limiting and controlling hospital-acquired infections and ...

Trade: Shopping centers managed to exceed total turnover of 2019, last year

Tuesday, October 24, 2023

Shopping centers managed to exceed, last year, by 16%, the total turnover of 2019, while retail parks recorded a 5% decrease, according to a study carried out by CBRE, a real estate investment company.At the same time, the sales and traffic recorded in the first half of 2023 are higher than in the similar period of 2019, considered the best year for retail in Romania, according to the research "Turnover Retail 2023", carried out by CBRE.According ...

Romania's raw milk imports up 63.6 pct this August from previous month

Tuesday, October 24, 2023

 Romania's raw milk imports this August stood at 10,619 tons, by 63.6 percent higher compared to 6,489 tons in July, shows data released on Tuesday by the National Institute of Statistics (INS).The production of milk for consumption amounted to 31,159 tons this August, up 14.9 percent from 27,119 tons in the previous month.Year-over-year, drinking milk recorded the biggest production increase (+14.7 percent), while cheese production ...

Jan - Aug wholesale turnover up 2.7 pct YoY

Tuesday, October 24, 2023

   Romania's wholesale turnover (except for trade in motor vehicles and motorcycles) over January - August 2023 was up both in unadjusted and adjusted terms from the year-ago period by 2.7 percent and 4.7 percent, respectively, the National Institute of Statistics (INS) informs on Friday.According to statistical data, the year-over-year overall growth, unadjusted, in the wholesale turnover was the effect of the upward trend in wholesales of ...

Real Estate: The demand for furnishing apartments for rent increased by 30%

Tuesday, October 24, 2023

* Romanians abroad, the most interested in interior design services   More and more homeowners request turnkey interior design services and prefer not to be present on the construction site, investing from 30,000 euros to over 100,000 euros in furnishing their rental or vacation properties. Thus, the demand for turnkey interior design services is growing rapidly, being 30% higher this ...

In Q3/2023 , companies leased offices for approximately 20,000 employees in Bucharest

Tuesday, October 24, 2023

The interest of office tenants was much higher for contract extensions in existing buildings than for new spaces in the third quarter. The companies traded a total area of 158,923 sqm, of which 104,004 sqm were contract extensions and 51,879 sqm leases of new spaces, in Bucharest, according to the analysis made by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.   The third quarter unlocked many ...

Deliveries of new housing decrease in Bucharest to disadvantage of Ilfov county, at end of 2022 

Tuesday, October 24, 2023

   The share of Bucharest in terms of newly delivered housing decreased to 57.4% in 2022, from 66.5% in 2020, while Ilfov County increased from 33.5% to 42.6% in the reference period, according to an analysis published on last Wednesday."The urban gridlock has clear effects in terms of the accessibility of new homes in Bucharest. It increases the share of deliveries from neighboring areas, this fact having a direct impact on the increase in ...

Tourism: Greece was the most wanted summer destinations for the Romanian tourists

Tuesday, October 24, 2023

Greece as a touristic destination, either the islands or the resorts on the continent, was during the summer season of this year at the top of the Romanian tourists preferences, the agents having in many cases all places sold out before the beginning of the summer.The sales of package holidays for Greece started at the beginning of the year, so that in May there was no offer left, stated Madalina Balaiban, the owner of Hello ...

Romanian tourism close to pre-pandemic sales level

Tuesday, October 24, 2023

The sales of 2023 holiday packages are close to the Covid19 pre-pandemic level, according to representatives of several travel agencies, even though prices “have exploded”, compared to 2-19.   There are cases when sales went up by 200% this year, against 2019, following marketing strategise adapted to the pandemic period.   The ...

Healthcare: UNICEF: Approximately 22,000 children and adolescents live in Romania with a diagnosis of mental illness

Tuesday, October 17, 2023

  Approximately 22,000 children and adolescents live in Romania with a diagnosis of mental illness, and many others face various developmental, emotional or cognitive difficulties, UNICEF says, in a survey.It is estimated that a much larger number of people with psycho-emotional needs are not diagnosed and, consequently, do not benefit from adequate mental health care and treatment.The X-ray published by UNICEF specifies that the ...

Mental and behavioural disorders double in past ten years

Tuesday, October 17, 2023

The prevalence of mental and behavioural disorders has almost doubled in the past 10 years, from about 1,566 cases per 100,000 people in 2012 to about 2,890 cases per 100,000 people (3 cases per 100 people) in 2021, say National Public Health Institute (INSP) specialists on the occasion of World Mental Health Day."Unlike somatic conditions, identification and early intervention for neuropsychiatric disorders are more difficult due to factors such as the ...

Agriculture: Crop production holds largest share (65.6%) in structure of value of agricultural production in 2022

Tuesday, October 17, 2023

In 2022, crop production held the largest share (65.6%) in the structure of the value of agricultural production, down 5.6 percentage points from the previous year, according to final data the National Institute of Statistics (INS) published on Friday.The value of agricultural production in 2022, in current prices, was 109.56 billion lei."The value of crop production in 2022, compared to 2021, increased in only one development region ...

Trade: E-commerce Evolution: Trends And Predictions For The Next Decade

Tuesday, October 17, 2023

E-commerce has changed significantly over the years. What started as a simple way to buy and sell items online has become a big part of our daily shopping habits. With new technology, changing customer needs and shifts in the market, e-commerce is always evolving. As we look ahead, this article explores the future of online shopping in the next decade.  In an era where personal data becomes ...

Real Estate: The Real Estate and Construction sector attracted approximately €1.2 billion of Foreign Direct Investments in 2022

Tuesday, October 17, 2023

The real estate and construction sector attracted approximately €1.2 billion of foreign direct investments (FDI) in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2% at the end of 2022, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox real estate consultancy ...

Real estate: Demand for new apartments in Bucharest rose by 46% in Q2

Tuesday, October 10, 2023

The demand for new apartments in Bucharest recorded a 46% rise in the seconf quarter of 2023 compared to the same period of 2022, while the offer is minus 26%, according to an analysis made by Imobiliare.ro, a real estate portal in Romania. Data show increases of demand in all Bucharest areas, starting with 11% for the western area to 54% in the north.   According to the source mentioned, the offer is ...

Health: 40% of COVID cases over September 25, October 1 in Bucharest and Iasi, Timis, Cluj and Prahova counties

Tuesday, October 10, 2023

The National Public Health Institute (INSP) informed that over September 25 – October 1, 40% of Covid 19 cases were recorded in Bucharest and the counties of Timis, Iasi, Prahova and Cluj.   13,165 new cases of people infected with SARS-COV 2 were recorded and 31 deaths were reported.   According to the supervision report, 50% of ...

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