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Economic

Eurostat: EU organic area up 25% since 2012

Tuesday, February 5, 2019

The total organic area in the European Union (EU) was 12.6 million hectares in 2017, corresponding to 7 % of the ...

Cars: Mazda sold 16% more vehicles in Romania in 2018

Tuesday, February 5, 2019

The Japanese automobile manufacturer Mazda sold 2,259 vehicles in Romania last year, 16% more than in 2017, the best sold model being CX-5, with 762 units, the company informs in a press release. According to the source, in 2018, Mazda CX-5 sold better than Mazda 3 , with an increase of 71% against the previous year. In fact, Mazda 3 ranks second in the top of Mazda cars sold in Romania, in 2018 with 658 cars ...

Automotive market up approx.20pct in 2018; automotive deliveries stand at 187,276 units

Tuesday, February 5, 2019

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The number of new vehicles sold in Romania in 2018 increased by approximately 20 percent against 2017, up to 187,276 units, of which 158,268 units representing cars, the data published by the Association of Romanian Automobiles Makers and Importers (APIA) on Wednesday.The specialist analysis shows that in 2018 Romania's automotive market registered the highest annual volume of car sales over the past 10 years, but well below the one recorded before the 2009 ...

Infrastructure : CNAB: 13.85 million passengers and 137,784 aircraft movements in 2018 on Bucharest airports

Tuesday, February 5, 2019

The two Bucharest-based airports recorded a total number of 13.85 million passengers and 137,784 aircraft movements (landings and take-offs), informs the National Company Bucharest Airports (CNAB) on Wednesday in a release.Thus, the Henri Coanda Airport recorded more than 13.82 million passengers last year, by 7.95 per cent more against 2017, and 122,966 aircraft movements, by 5.35 more against the previous year.The Bucharest-Baneasa - Aurel Vlaicu ...

Healthcare: Analysis: In 2019 private health networks will develop by absorption of independent medical practices

Tuesday, February 5, 2019

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The private medical service market will continue to grow in 2019, while the development of private clinic networks will boost by the absorption of independent medical practices, KeysFin mentions in an analysis of tendencies of private medical services. KeysFin analysts consider that in 2019 there will be an increase of the fight for human resources between players in the private medical market, while employees of the public health system will be more ...

Trade: GPeC Report : E-commerce market in Romania exceeds 3.5 bln euro in 2018

Tuesday, January 29, 2019

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Romanians made online purchases worth over 3.5 billion euro in 2018, 30 percent more than in 2017 when the amount spent was 2.8 billion euro, reads the GPeC 2018 e-Commerce Market Report, prepared by the major players in the Romanian e-commerce market.According to the GPeC statistics and estimates, the growth of nearly 30 percent is one of the largest in Europe for the second consecutive year, and calculated as an average, Romanians have spent almost 10 million euro on online ...

Statistics 2018: Romania's ten-month fruit and vegetable imports at 1.14 bln euro

Tuesday, January 29, 2019

Romania's vegetable and fruit imports over Jan - Oct 2018 amounted to 1.14 billion euro, while exports stood at 192.6 million euro, shows data centralized by the National Institute of Statistics.Vegetable and fruit exports in the reporting period dropped 7.3 percent, while imports advanced 4.1 percent YoY, bringing Romania's deficit in the international trade in fruit and vegetables to 946.4 million euro.In the first 10 months of 2018, FOB exports totaled 57.19 ...

Telecom.IT: Survey: 9 in 10 Romanians speak on their mobile phones at least once a day

Tuesday, January 29, 2019

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A total of 91% of Romanians use their mobile phones at least once a day to initiate a call, a survey by E.ON and Kantar Emind found. At the same time, 1 in 2 make video calls daily with the help of the apps offering this option. “The Romanians are embracing the new communication technology without giving up on their ‘old habits.’ They simply communicate more, and have the option to easily claim the first place at the European level in this area,” the authors ...

Real Estate: Analyst: Romanian residential property prices will fall by 25% in two years

Tuesday, January 29, 2019

Real estate prices in Romania will fall by at least 25% over the next two years, according to projections voiced by Iancu Guda, president of the Association of Financial and Banking Analysts in Romania. Prices have increased driven by developers’ greed, he claimed, according to ...

Colliers sees positive real estate market in Romania, yet vulnerable to regulatory risks

Tuesday, January 29, 2019

All the segments of Romania’s real estate market are likely to perform well over the next two years, but the regulatory predictability becomes a key problem in the context of the Government’s new fiscal measures, real estate consultancy firm Colliers International managers explained, according ...

Agriculture: Romania exports live animals worth 325.4 million euro, Jan.-Oct.2018

Tuesday, January 29, 2019

Romania exported live animals in the first ten months of 2018 worth 325.4 million euro, declining by 9.9 percent against the same period of last year, according to data centralized by the National Institute of Statistics (INS). The imports of live animals decreased by 0.4 percent to 157.4 million euro. On this segment, a surplus of 168 million lei was recorded.In the first ten months of 2018, the FOB (Freight on Board) exports stood at 57.19 billion euro, up 9.2 ...

Healthcare: Biocidal products: Commission calls on ROMANIA to fully implement EU rules by setting out fees for the processing of applications

Tuesday, January 29, 2019

The Commission has decided to send a letter of formal notice to Romania requesting it to adopt fees for the processing of applications as required by EU rules on biocidal products (Regulation (EU) No 528/2012). ...

Tourism : Prices in hospitality industry expected to rise at least 5 pct

Tuesday, January 29, 2019

 Prices in the hospitality industry will increase by at least 5 percent in 2019, mainly due to labor costs, president of the Romanian Hotels and Restaurants' Employers Association (HORA) Dragos Petrescu told a specialist conference on Monday."A 5 percent growth in an economy like Romania's in the hospitality industry is not driven by the segment's desire to increase revenues, but is directly related to workforce. And workforce is directly related to the minimum national ...

Cars: Dacia – new record sales in the EU, more than 500,000 cars in 2018

Tuesday, January 29, 2019

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Dacia sold more than 519,000 cars in the EU countries last year, by 12% more than in 2017, according to ACEA figures. Overall, the new car market remained at the 2017 levels, about 15.1 million new cars. The Volkswagen Group has a share of 24% of the EU market and PSA-Opel has 16%. Dacia has concluded 2018 with a share of 3.4%, with 4% share in December. As compared to 2017, the brand’s share increased by 0.3%. Renault has a 7.2% share. Germany was the largest European ...

Real Estate: Eurostat: Italy, Romania register steepest drop in EU in Q3 2018 house prices

Tuesday, January 22, 2019

House prices, as measured by the House Price Index, were 1.6 pct higher in the euro area and 1.5 pct up in the EU in Q3 2018 compared to the second quarter of the year; Italy and Romania recorded EU's most significant drop in house prices, according to data released on Friday by the European Statistical Office (Eurostat).Compared with the previous quarter, the highest increases in house prices in the third quarter of 2018 were recorded in the ...

Romanian investors on the local real estate market in 2018: Record investments of nearly EUR 200 million

Tuesday, January 22, 2019

2018 ended with a significant premiere on the local real estate market: Romanian investors ranked second in the generated volumes top, by nationality. Almost EUR 200 million were paid to buy commercial properties (about a quarter of the total volume), a significant leap of more than five times comparing with 2017, according to the real estate consultancy company Colliers International. „The increased presence of the Romanian capital on the ...

Futureal to build 1,800 apartments in Bucharest

Tuesday, January 22, 2019

Hungary’s Futureal group, through its local division Cordia Romania, plans to develop at least three new residential projects in Bucharest, in addition to the one announced in the Expozitiei area (central-north Bucharest), so that the group will reach over 1,800 built-in ...

Cars: The turnover of the trade with motor vehicles and of the market services provided to the population in November 2018

Tuesday, January 22, 2019

Compared to the previous month, in November 2018 the turnover volume of the trade with motor vehicles and motorcycles increased both as gross series by 1.1% and as adjusted series according to the number of working days and to seasonality by 4.0%. The turnover volume of the market services provided to the population, compared to the previous month, decreased both as gross series by 4.4% and as adjusted series according to the number of working days and to ...

Dacia 2018 sales hit all-time high of 700,798 units

Tuesday, January 22, 2019

Carmaker Dacia had in 2018 the best commercial performance in its history, with sales on the domestic and international market totaling 700,798 units, up 7 pct from the previous year, the car manufacturer said in a release on Friday."Sales of the Romanian car brand practically doubled in just seven years, topping the 350,000-unit mark in 2012, 400,000 in 2013, 500,000 in 2014 and 600,000 in 2017," said representatives of the car manufacturer.Dacia ...

Infrastructure: 5.6% traffic increase at Mihail Kogalniceanu International Airport in 2018

Tuesday, January 22, 2019

The overall traffic (commercial and non commercial) at Mihail Kogalniceanu International Airport in 2018 was 143,324 passengers, on the rise by 5.6% against the previous year, according to data supplier by the airport. Over January-December 2018, there were 7,339 aircraft movements (landings and take-offs) on the rise by 13.3% against the same period of 2017. According to the source, the 2018 increase of commercial passenger ...

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