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Infrastructure: Two new routes by Wizz Air from Bucharest to Zakynthos and Corfu, from June 15 to September 15

Tuesday, January 26, 2021

  The low-cost airliner Wizz Air opens two new routes from Bucharest to Zakynthos and Corfu, with two flights per week, Tuesday and Saturday, to be operated from June 15 to September 15, and the rates will start from 149 RON (rd EUR 30) per segment, announced, on Friday, the airway operator.The tickets are already available on wizzair.com and through the mobile app."These new routes are added to the three already existing services ...

Cars: ACAROM: National car production, down 10.67%, in 2020

Tuesday, January 26, 2021

The national car production registered in 2020 a decline of 10.67%, compared to the previous year, down to 438,107 units, according to the data published by the Romanian Automobile Makers Association (ACAROM).In December alone, 33,408 cars were produced in Romania, of which 18,804 units at the Dacia plant in Mioveni and 14,604 units at the Ford plant in Craiova.Compared to the whole year 2020, the production of cars reached 438,107 units, ...

Real Estate: C&W Echinox: The Romanian investment market shows incredible resilience in face of the pandemic in 2020

Tuesday, January 26, 2021

In 2020, the total volume invested in real estate assets in Romania reached EUR 914 million, a 28 percent increase compared 2019, illustrating the overall resiliency of the Romanian investment market during the Covid-19 pandemic, according to the Romania Investment Marketbeat launched by Cushman & Wakefield Echinox real estate consultancy firm.   The most active segment was by far the Office sector, with estimated ...

Developers maintained their plans for 2020 and delivered about 600,000 square meters of industrial space

Tuesday, January 26, 2021

  The developers of industrial and logistics spaces completed last year new projects with an area of about 600,000 square meters, thus maintaining the investment plan announced at the beginning of the year, despite the COVID-19 crisis.   “Almost all the projects announced by the developers for 2020 have been delivered. Developers have not stoped or slowed down the construction plans, even if their ...

Healthcare: Pharmacy business increased in 2019 by 8%, to 20.6 billion lei

Tuesday, January 26, 2021

Revenues from the sector of retail with pharmaceutical products in specialized stores increased by 8% in 2019 compared to the previous year, reads a new study conducted by Coface Romania on the sector of “Retail with Pharmaceutical Products in Specialized Stores” (NACE 4773).   Strenghts: More than half the companies (56%) ...

Telecom.IT: Personal data protection measures taken by more than half of Romanian internet users in 2020

Tuesday, January 26, 2021

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More than half of 16-74 year old Romanians who used the internet in the last 3 months, in 2020, took measures to prevent access to personal data on the internet, according to data centralised by the National Institute of Statistics (INS).Of these, more than 7 out of 10 read the privacy policy before providing personal data, 50.8% limited access to personal profile or content on social media; 47.8% refused permission to use personal data for advertising ...

Tourism : Sibiu nominated among best 20 European tourist destinations

Tuesday, January 26, 2021

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The city of Sibiu has been nominated, for the second consecutive year, on the list of the best 20 European tourist destinations by the European Best Destinations Association in a competition taking place between January 20 - 10 February, the Sibiu City Hall reported on Wednesday in a press statement.The ranking will be established according to the votes received by each participating city. Votes for Sibiu can be cast on ...

Euromonitor: Romanian luxury hotels halve turnover in 2020

Tuesday, January 26, 2021

The luxury hotels in Romania faced an abrupt drop in their turnover in 2020, when their aggregated revenues halved due to the pandemic, according to estimates of the market research company Euromonitor.   The firm estimated the total turnover on the local luxury hotel segment at RON 57 million (EUR 12 mln) in 2020, according ...

Trade: Coface Study: Retail Sale in Non-specialized Stores Sector – positive evolution of revenues in 2019, with a 10% increase compared to previous year

Tuesday, January 26, 2021

  * In 2019, farmers in Bucharest-Ilfov region spent more money on food and beverages per month compared to the other social categories   Strengths: The coverage degree of short-term debt through net cash increased from 17% in 2015, to 22% in 2019 More than half of the ...

Telecom. IT: Data centralized by ANCOM for 2020

Tuesday, January 19, 2021

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12 years since launching the service moving phone numbers from one network to another , Authority for Administration and Regulation in Communications (ANCOM) published at the end of 2020, new data informing that over 7 million Romanians selected that option.  Of them, 6,121,287 are mobile phone numbers and 884,433 are fixed numbers.   ANCOM numbers show that over January-September 2020, RCS&RDS ...

ANCOM prepares tender for 5G services in 2021

Tuesday, January 19, 2021

The year 2020 started as promising for Romania with the plans to complete the tender for 5G frequencies, but the changes that appeared in the whole world because of the coronavirus pandemic made Bucharest authorities stick to initial calendar. ANCOM officials became more attentive in their statements and finally admitted that the implementation of 5G technology in Romania had to ...

The best countries to set up an online business: Romania ranked 39th out of 99 countries

Tuesday, January 19, 2021

Romania ranked 39th out of 99 countries in a study which explores the best country to start an online business.Researchers looked at 20 different categories across the 99 countries; covering internet ...

Agriculture: APIA authorizes payments worth 2.09 B euro to 760,465 farmers

Tuesday, January 19, 2021

The Agency for Payments and Intervention in Agriculture (APIA) has authorized the payment of 2.09 billion euros to 760,465 farmers as subsidies for 2020, the institution informed on Wednesday."The Agency for Payments and Intervention in Agriculture (APIA) continues to authorize regular payments under the 2020 Campaign, with payments authorized so far to 760,465 farmers, representing 92.64 per cent of the total number of eligible farmers who submitted a single ...

Raw milk imports increase by 26.1 pct during first 11 months of 2020

Tuesday, January 19, 2021

The import of raw milk went up by 26.1% during the first 11 months of 2020, while the quantity of milk collected by the processing and exploitation units was by 1.1% higher than in the same period of the previous year, according to the data published on Friday by the National Institute of Statistics (INS).During the interval of January 1 - November 30, 2020, there was an increase of 11,335 tons of milk that the processing units ...

Infrastructure: Ministry: infrastructure projects to be completed and commissioned this year 

Tuesday, January 19, 2021

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Catalin Drula, the minister of transports and infrastructure, presented on Friday, at his first press conference since investment, infrastructure projects to be completed and commissioned this year.   Projects to be completed in 2021: Lot 2 of Sebes-Turda highway, the last 29 km of the project; Ungheni-Targu ...

Bucharest Airport pays EUR 48 mln on land for new terminal

Tuesday, January 19, 2021

The Bucharest Airports Company, which operates Romania's biggest airport - Henri Coanda in Otopeni, announced on Thursday that the expropriations for the new terminal approach completion, as the last details before the payment of compensations to the landowners are being addressed.   The company will pay total compensations worth RON 236 million (EUR 48 mln) to almost 1,000 landowners affected by the ...

Trade: Record-setting December performance for Romanian online shopping as sales jump 99 pct YoY

Tuesday, January 19, 2021

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December 2020 set new records in terms of the number and value of orders placed with the online stores managed by the local e-commerce shopping platform MerchantPro, with YoY increases of 83 percent and 99 respectively, shows data released by the company.The average value of the order placed with the more than 1,500 stores operating on the SaaS-type platform remained constant in 2020 at 225 lei. December's largest order was over 40,000 euros, for specialized ...

Cars: APIA: 507,846 new and second hand cars registered in Romania in 2020

Tuesday, January 19, 2021

507,846 new and second hand cars were registered in Romania in 2020, 16.2% fewer than in 2019. Of them 126,351 were new cars (on the drop by 21.8%) and 381,495 were second hand cars (14.2% fewer), according to data released by the Automobile Manufacturers and Importers Association (APIA).   Top 5 new cars registered in 2020 is: Dacia (39,939 units), Skoda (10,288 units), ...

Romanian auto-market drops by 22.6% in 2020,

Tuesday, January 19, 2021

The sales of new cars in Romania have dropped by 22.6% in 2020, as opposed to the previous year, although vehicle registration recorded growth in the last 4 months of the year, and the sales of green automobile have gone up by 103.5%, according to the data published on Tuesday by the Automobile Manufacturers and Importers Association (APIA).On the national market, the top brands (automobiles + commercial vehicles), at the end of 2020, is led by Dacia, with 42,356 ...

New Dacia registrations in Romania at 47,380 in 2020

Tuesday, January 19, 2021

With 47,380 new vehicles registered in Romania in 2020, car manufacturer Dacia saw its market share increase 2.4 percent from the previous year to 32.4 percent, shows data released by the company on Tuesday.The total number of registrations includes 5,024 Dacia vehicles delivered for the Romanian Police fleet.For the tenth straight year in 2020 Romania's top three best-selling cars were Logan, Duster and Sandero, each of them recording also a share ...

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