Economic
Trade: Black Friday: Risk Of Online Platform Crashes And Cyber-Attacks Five Times Higher
Tuesday, October 31, 2023

Online shops see up to five times more traffic during Black Friday than normal, and the risk of website crashes and performance increases proportionately, Forscope Romania warns. At the same time, during such high traffic periods, systems and networks are stretched to the limit, increasing exposure to cyber-attacks. The use of legitimate software protects these systems including through security updates. Without these, organisations can incur losses of over ten ...
Agriculture: CCIR: Romania can become an important Black Sea agricultural produce hub
Tuesday, October 31, 2023
Romania is standing a chance of becoming a Black Sea agricultural produce hub when we take into account the fact that, at the moment, Constanta Port has taken over the cargo activity of some Ukrainian ports that have ceased activity because of the war, Chairman of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban told a specialist forum part of the Indagra 2023 agricultural trade fair."CCIR and the US Embassy in Romania have been ...
Telecom. IT: Approximately 11 million phone numbers were ported between Romanian phone networks in 15 years
Tuesday, October 31, 2023
Almost 11 million phone numbers were transferred between fixed and mobile telephone networks in Romania in the last 15 years, of which 1.2 million numbers were transferred this year alone, according to data from the National Communications Administration and Regulation Authority (ANCOM), published on last Tuesday.Of the total number of ported telephone numbers in 2023, the majority (96%) are for mobile telephony (respectively 1,158,896), while 42,079 ...
Real Estate: Study: Production spaces, increasingly sought after, accounting for 25 pct of transactions in Romania
Tuesday, October 31, 2023
Demand for production space is on an upward trend, accounting for about 25% of transaction activity in Romania in the first quarter of this year, according to a study conducted by real estate services and investment company CBRE.The automotive industry is the leader in terms of increasing demand, generating the highest demand for production space in the whole country in the period 2013 - H1 2023, more precisely 56%. It is followed at a ...
Healthcare: Analysis: Amid A 37.68% Surge In Romania’s Healthcare Expenditure, Affordable Access To Health Products Gains Primacy
Tuesday, October 31, 2023
Romania is witnessing an upsurge in healthcare spending, with projections indicating a 37.68% increase, escalating the total healthcare expenditure by $7.5 billion and reaching $27.3 billion by 2028 . This surge is mainly mirrored in consumer healthcare spending, anticipated to rise by 47.87% and hitting $22 billion , while per capita consumer spending on healthcare, which does not include state ...
European regulation on in vitro diagnostic medical devices promulgated
Tuesday, October 31, 2023
A law establishing the institutional framework and the necessary measures for the implementation of the provisions of Regulation (EU) 2017/746 of the European Union on the placing on the market and putting into service of in vitro diagnostic medical devices, was promulgated by President Klaus Iohannis.According to the government, which adopted an emergency ordinance regulating these measures, the European regulation sets in place high quality and safety ...
Presidential adviser Paun: Over half of deaths in Romania caused by behavioural risk factors
Tuesday, October 31, 2023
More than half of all deaths in Romania can be attributed to behavioural risk factors that include improper diet, tobacco and alcohol consumption, but also low physical activity, presidential adviser Diana Paun said on Tuesday."International research is increasingly demonstrating the impact that education has on health outcomes. A better educated population from an early age enjoys better health throughout life due to access to higher incomes and attention ...
Tourism: Romania's tourist accommodation capacity up 2.7 pct as of July 31
Tuesday, October 31, 2023
Bed places in Romania's tourist accommodation establishments increased by 2.7%, on July 31, 2023, y-o-y, and tourist accommodation establishments went up by 4.1%, according to data centralized by the National Institute of Statistics (INS).Most hotels were rated three stars (54.5% of all hotels), followed by four-star hotels (25.6%) and two-star hotels (15.4%). There were 44 hotels rated five stars (8 more than on 31 July 2022).Of the total ...
Secretary of State: Rural tourism is one of six main tourism products of Romania
Tuesday, October 31, 2023
Rural tourism is one of the six main tourism products of Romania, along with cultural tourism, city breaks, nature tourism, active and adventure tourism, spa and wellness tourism, considers the state secretary in the Ministry of Economy, Entrepreneurship and Tourism (MEAT), Lucian-Ioan Rus.Between October 16 and 20, Rus led the Romanian delegation, which participated in the General Assembly of the World Tourism Organization (UNWTO), the meeting of the ...
Cars: Romania's three-quarter car production drops 1.8 pct YoY
Tuesday, October 24, 2023
Romania's three-quarter car production dropped 1.8 percent from the year-ago period to 375,860 units, shows data released by the Romanian Automobile Manufacturers Association (ACAROM). Of this total, 234,530 were Dacia cars and 141,330 - Fords.The car production this September was of 46,888 units - by 9.1 percent down year-over-year. Of this total, 28,934 cars were produced by the Dacia Plant in Mioveni, and 17,954 rolled off the lines of the ...
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 ...