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Sales of new cars in Romania 19% up yoy in Jan-Oct 2019

Tuesday, November 19, 2019

Almost 505,700 new and second-hand vehicle were registered in Romania, in the first ten months of 2019, increasing by only 0.39 percent against the same period of last year, according to the statistics with the Driving Licences and Vehicle Registration Directorate (DRPCIV) .Thus, according to the official data, between January and October 2019, of the total of 505,685 vehicles registered nationwide, a number of 134,698 units were new units, increasing by 18.85 ...

Tourism : An overwhelming 92.6 pct of foreign visitors to Romania between Jan - Sep hailed from Europe

Tuesday, November 19, 2019

Foreign visitors to Romania in the first three quarters of 2019 hailed mostly from Europe (92.6 pct), with visitors from the Republic of Moldova accounting for the highest share, according to data centralized by the National Institute of Statistics (INS).The top 6 countries by the share of visitors of the total number of arrivals are as follows: the Republic of Moldova (19.7 pct), Bulgaria (14.4 pct), Ukraine (14.3 pct), Hungary (11.7 pct), Serbia (4.2 pct) and ...

Trade: Romania's F&B market expected to reach 5 bn euros by 2022 - 2023

Tuesday, November 19, 2019

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Romania's food and beverages (F&B) market is growing by an annual pace of 10 percent and could reach 5 billion euros by 2022 - 2023, reveals the "Food and Beverage: Romania Market Report" by Cushman & Wakefield Echinox.According to the centralized data, the six analyzed categories (fast-food, cafes, pastry shops, food & bar clubs, fast casual and fine dining) have had an upward trend between 2014 - 2018, with the average annual growth pace ranging ...

Wholesale trade turnover goes up 5.4pct in first nine months of 2019

Tuesday, November 19, 2019

As against the previous month, in September 2019 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, increased both as gross series by 6.6% and as adjusted series according to the number of working days and to seasonality by 4.1%. As against the corresponding month of the previous year, the wholesale turnover (excluding the trade with motor vehicles and motorcycles), ...

GfK: Sales of technical consumer goods in Romania, up 2.6% yoy in Jan-Sep

Tuesday, November 19, 2019

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The sales of technical consumer goods in Romania increased to EUR 2.28 billion in January - September 2019, 2.6% more than in the same period last year. The growth was entirely driven by the sales of small and large household appliances. The sales of large appliances increased by 9.6% year-on-year to EUR 471 mln, while the sales of small appliances increased by 10.9% year-on-year to EUR 166 mln. The sales of telecom equipment ...

Real Estate: CBRE: The real estate market continues positive evolution in Q3

Tuesday, November 19, 2019

The real estate market in Romania continued its positive evolution in the third quarter of 2019, on all three leasing sectors, according to CBRE Research data. Office leasing transactions in Bucharest totaled 84,000 sqm in the third quarter, 80% of which represented net take-up, thus excluding transactions such as renegotiations and renewals of contracts. The demand was 15% higher than in the third quarter of 2018. Overall, in ...

Infrastructure : Gov't to order to start of works on Craiova-Pitesti expressway

Tuesday, November 19, 2019

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Prime Minister Ludovic Orban said on Wednesday that an order for the works to be started on the Craiova-Pitesti expressway will be given, adding that the expressway is an investment that has been untouched since 2008."After the pathetic mise-en-sc?ne when they [the Social Democratic Party] claimed to have started the works, without having the design done, without having ordered the commencement of works, without having the expropriation done (...), you can realise ...

Tourism: Chernobyl becomes tourist attraction for Romanians

Tuesday, November 12, 2019

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A travel agency in Romania included in its Fall offer a trip to Chernobyl, the town where the biggest nuclear catastrophe took place in 1986. The price of a package is 395 euros and also includes a radiation badge, meant to show participants there is no danger.  Lucian Badircea, CEO of Iri Travel, declared that he got the idea of organizing trips to Chernobyl  following the success recorded by the tv series broadcast by ...

Number of  travels made by residents grew by 8% in first semester

Tuesday, November 12, 2019

The number of travels made by residents in the first 6 months of 2019 was over 9.565 millions , on the rise by 7.9% compared to the same period of 2018, most travels lasting 1 to 3 nights, according to data centralized by the National Statistics Institute. In the period mentioned, the share of holiday trips was 89.5%, while business travels represented 2.8%. The peak month for holiday travels in the country was January -25.5% ...

Healthcare: Survey: 99 pc of the Romanians believe that healthcare should be a priority on the public agenda

Tuesday, November 12, 2019

Healthcare should be a priority on the public agenda, 99 pc of the Romanians believe and this is the goal of the social campaign “Votez pentru Sanatate/ I Vote for Health”, which aims to prompt a concrete change in the Romanian healthcare system. A recent survey “Health as priority in Romania” conducted by the ISRA Center in October reveals that Romanian patients claim the need of a change for the better ...

Real Estate: Report: Bucharest’s residential areas are growing in the vicinity of office projects

Tuesday, November 12, 2019

The middle market segment has reached a majority share of the dwellings under construction in Bucharest and its surroundings, for the first time in the modern history of the local residential market, according to ”home _ office Report 2019” issued by real estate consultant SVN Romania. Over 7,000 apartments should be delivered in 2019 in Bucharest in the immediate vicinity of an office project, while another 10,000 units could be ready in these areas in the ...

Sameday develops new logistics centre following EUR 20 M investment

Tuesday, November 12, 2019

Sameday, a local courier company, will inaugurate a new logistics centre, on the Bucharest’s ring road, near Chitila, following a total investment mounting to EUR 20 million. The new logistics unit is stretching on a 22,000-sqm area and will handle 80% of the total volume of the company’s deliveries countrywide. 250 trucks will transit the logistics centre on a daily basis, to load and unload the packages. The centre ...

Agriculture: 6,000 tons of food thrown away in Romania every day

Tuesday, November 12, 2019

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About 6,000 tons of good food are thrown away in Romania every day, although 7 million people, a third of the country's population, live on the brink of poverty, data of Bucharest Food Bank show. Mention should be made that 66% of families in the rural area cannot supply daily food and half of children living in the country are facing the risk of extreme poverty. “It is a serious problem for all of us and its solution may ...

Romania produced 4.9 million hl of wine in 2019, on the drop by 4%

Tuesday, November 12, 2019

Romania's wine production dropped by 4% in 2019 to 4.9 million hl, from 5.2 million hl in 2018, which  still is a production over the multi-annual average, according to preliminary estimates of the International Organization of Vine and Wine. In EU, production volume dropped by 15% compared to 2018, reaching 156 million hl, from 182.7 million hl. “A dropping tendency compared to 2018 is recorded in most EU countries. ...

Bulgaria and Romania's quota for turbot in the Black Sea increased by 32%

Tuesday, November 12, 2019

Next year, Bulgaria and Romania will be allowed to fish for turbot, totaling 150 tonnes (75 tonnes per country), which is 32 percent more than the amount allowed so far. This was announced by the press center of the Bulgarian Ministry of Agriculture, Food and Forestry quoted by novinite.com. So far, the two countries have authorized a catch of 57 tonnes. This was made clear at the 43rd Annual Session of the General Fisheries ...

COFACE:Meat processing and preservation sector: 19pc decline of revenues in 2018

Tuesday, November 12, 2019

Strenghts: Increase of sector profitability from 1.2% in 2017 to 3.5% in 2018 50% less companies that registered debts to the State Budget in 2018 From Coface’s perspective, 66% of the companies analyzed in this sector have medium to low insolvency ...

Landmark agreement will protect 100 European Geographical Indications in China: Cotnari wines on the list

Tuesday, November 12, 2019

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Last Wednesday, the EU and China concluded the negotiations on a bilateral agreement to protect 100 European Geographical Indications (GI) in China and 100 Chinese GI in the EU against imitations and usurpation. This landmark agreement is expected to result in reciprocal trade benefits and demand for high-quality products on both sides. Delivering on the commitment made at the ...

Cars: Mazda's Jan - Oct sales in Romania up 24 pct

Tuesday, November 12, 2019

Japanese automaker Mazda has sold 24 percent more cars in Romania in the first ten months of 2019 compared to the year-ago period, Mazda Romania announced in a release.Thus, as many as 2,269 units were sold between January - October 2019; Mazda CX-5 was the best-selling model on the local market with 718 units, while Mazda3 advanced to the second spot with 633 units, and Mazda CX-3 came in third with 478 sold units."Year-to-date, the Mazda CX-5 stays ...

The new registrations of road vehicles in the third quarter of 2019

Tuesday, November 12, 2019

The new registrations of road vehicles for passenger transport increased by 3.6% and the new registrations of vehicles for goods transport rose by 0.4% in the third quarter of 2019 compared to the third quarter of 2018. In the third quarter of 2019, the share of new road vehicles for passenger transport was 32.0% of the total new registrations of road vehicles for passenger transport. ...

Telecom. IT: 142 towns in Romania get vouchers for free Wi-Fi Internet access

Tuesday, November 12, 2019

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1,780 towns in EU (142 of which in Romania) will receive vouchers of 15,000 euros for the program WiFi4EU, to help install Wi-Fi hotspots for free access to Internet, an EU press release informs. The European Commission informs that 11,000 applications for financing were sent by local administrations over September 19-20, 2019. 26.7 million euros were offered during the third call for Internet access in public areas (parks, public areas, libraries, ...

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