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Real Estate: Larocca Residence Complex, first real estate project in Romania selling apartments and cryptocurrency

Tuesday, July 6, 2021

“Larocca Residence”Complex, developed in Bucharest by ACG Construction & Projects, accepts cryptocurrency as payments means, in addition to classical sources such as funds or bank credit, thus becoming the first real estate project in Romania selling apartments with such currency.   The real estate complex, located in Constitution Square, Bucharest, includes 20 apartments, with 2 or 3 ...

Agriculture: Downward trend for all slaughter animals and meat production in 2020

Tuesday, July 6, 2021

Slaughter numbers for cattle, pigs, sheep, goats and poultry in industrial units (slaughterhouses) followed a downward trend in 2020 compared to the year before, the same being registered in meat production, shows data released by the National Institute of Statistics (INS) on Wednesday.Thus, in 2020, the number of cattle slaughtered in industrial units (abattoirs) dropped from the previous year by 32.7%, to 131,906 head of cattle, and the number of pigs ...

Infrastructure: Minister Drula: Record for European investments in roads and railways in first half of year

Tuesday, July 6, 2021

Transport minister Catalin Drula announced on Wednesday an investment record in roads and railways of 2.7 billion lei by mid year, an increase of +35% against the same period of 2020 (2 billion lei), + 142% against 2019 (1.12 billions) and + 285% against 2018 (0.7 billions).   The minister gave example several projects in execution, with European financing and the amounts allocated in the first 6 months ...

EBRD: GrCF2 W2 Medias Infrastructure Loan

Tuesday, July 6, 2021

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Project Description   A senior loan of up to EUR 7.7 million in local currency (RON 38 million) to the City of Medias to co-finance critical investments in the City's infrastructure alongside EU grants under the relevant EU Regional Operational Programme for 2014-2020, EBRD informs.. The loan proceeds will fund the implementation of energy efficiency measures in four public ...

Telecom. IT: Communications Authority: Prices for fix and mobile calls drop by 8% and 20% as of July 1, 2021

Tuesday, July 6, 2021

ANCOM, the National Authority for Administration and Regulation in Communications, announced on Wednesday that as of July 2021, mobile phone operators active in Romania will have prices of 0.7 euros/minute for mobile calls and 0.078 euros/minute for fix phone calls. This measure applies according to EU Regulation 2021/654, that established maximum prices to be applied by operators, ANCOM informs.   The EU ...

The revenues of companies in the local IT industry increased in 2020

Tuesday, July 6, 2021

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The revenues of the 23,000 Romanian companies active in the IT sector increased in 2020 by only 2.5% compared to 2019, to RON 32.3 bln (EUR 6.8 bln), according to calculations compiled by termene.ro, quoted ...

Cars: New car registrations grew by 18% in June

Tuesday, July 6, 2021

Over 14,000 new cars were registered in Romania in June, on the rise by 18% against the same period of 2020, the Association of Automobile Manufacturers and Importers (APIA) informs.   According to official statistics, 11,853 of the 14,080 units registered at national level (automobiles and commercial vehicles, coaches and special vehicles) were new, an increase of 16.7% compared to the previous ...

Infrastructure: Air passenger transport down 76.2 pct in Q1 2021 

Tuesday, June 29, 2021

Air passenger transport decreased by 76.2% in the first quarter of 2021, from 3,851,100 passengers to 916,500, due to the SARS-CoV-2 pandemic, according to data centralized by the National Institute of Statistics (INS).The highest shares in terms of passenger transport were registered at Henri Coanda-Bucharest airports, with 328,100 passengers boarded and 293,400 passengers landed, Avram Iancu-Cluj-Napoca with 56,300 passengers boarded and 50,500 passengers landed, Iasi ...

Agriculture: USDA projects 36% bigger oilseed production in Romania

Tuesday, June 29, 2021

The US Department of Agriculture (USDA) estimates a 36% increase in oil plant production (sunflower seeds, rapeseed, and soybeans) to 4.2 mln tonnes in Romania, amid favorable weather conditions and 7% larger cultivated areas.   In total, Romania could export about 2.6 mln tons of oilseeds, 43% above the level of 1.8 mln tons estimated for the marketing year 2021/2021 which will end this month. In 2019/2020, Romania exported around 2.3 mln tons, by 24% over ...

Al Dahra agri group seeks EBRD financing for operations in Romania and Serbia

Tuesday, June 29, 2021

The European Bank for Reconstruction and Development (EBRD) plans to extend, pending approval on July 21, two loans in the total amount of EUR 54 mln to companies in Al Dahra group of ...

Agricultural area affected by the extreme meteorological phenomena - 4,665 ha

Tuesday, June 29, 2021

The agricultural area affected by the extreme meteorological phenomena registered in the last period amounts to approximately 4,665 hectares, but of the total sown area it currently represents less than 1%, Marius Mihai Micu, Secretary of State in the Ministry of Agriculture and Rural Development (MADR), said."The areas most affected by the floods are currently in the counties of Teleorman, Tulcea, Neamt, Satu Mare, Mures, Harghita, Alba, Bihor, ...

Healthcare: Gov't approves OUG regarding healthcare co-pay

Tuesday, June 29, 2021

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The government approved the emergency ordinance (OUG) regarding co-pay in healthcare, said Prime Minister Florin Citu, who added that the quality of the medical act will not decrease in the public system."The emergency ordinance regarding co-pay has passed [e.n. - in the Government sitting] today. (...) The quality of the medical act in healthcare cannot drop in the public system, we have a lot of work there and we will increase it through the reforms that we are making together ...

Prices for essential medicines in Romania to be set against average of lowest three in EU

Tuesday, June 29, 2021

Health Minister Ioana Mihaila signed on last Thursday an order amending regulations for the calculation and approval of caps on medicines for human use in Romania, so as to ensure market availability in Romania of some essential medicines for patients.According to a press statement released on Friday, the new regulations introduce a new category of pharmaceuticals, essential medicines, for which the maximum approved price will be the average of the lowest three prices in ...

Tourism : HoReCa domain to be exempt from paying specific tax until end of the year

Tuesday, June 29, 2021

  The government has approved that the HoReCa domain be exempt from paying the specific tax until December 25, Prime Minister Florin Citu announced."Today we adopted a new text in a finance ordinance that was not on the agenda. This text was not on the agenda, but we eliminated or exempt the HoReCa domain-specific tax until the end of the year, until December 25, this exemption expires this month and then we extend this exemption for the HoReCa domain until the end ...

GNTB: Romanian visitors to Germany on 2nd spot in Q1 ranking by number of overnight stays

Tuesday, June 29, 2021

Romanian visitors are on the 2nd spot in the Q1 ranking of Germany's foreign tourist overnight stays, marketing manager with the German National Tourism Board (GNTB) Cristian Sallai told a press conference today."The figures available for Germany's incoming visitors between January and March show that Romania ranks 2nd by the number of overnight stays in Germany at this moment. I am convinced that this ranking will change, but I have never seen Romania on the 2nd place in ...

Trade: More than half of the consumers have become more focused on saving and more price-oriented

Tuesday, June 29, 2021

More than half of the consumers (54%) have become more focused on saving and more price-oriented in the last nine months, according to PwC’s Global Consumer Insights Pulse Survey, conducted in June. Thus, even though many people are now receiving vaccinations, and signs of recovery are appearing in some economies, consumers’ money anxieties have not yet eased. Global Consumer Insights Pulse was conducted also in October 2020 and in March 2021.   “If in ...

Healthcare: Survey: People with medical subscriptions see doctors twice more often than those without

Tuesday, June 22, 2021

People who have medical subscriptions see physicians twice more often than patients without subscriptions, the medical subscription market contributing to the reduction of curative services, by early discovering or preventing medical affections, according to an EY Romania study presented on Thursday at the debate: “Health Forum: Impact of medical subscriptions on health and economy.”   The ...

“The Pharmaceutical Industry in Figures” report

Tuesday, June 22, 2021

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Latest “The Pharmaceutical Industry in Figures” report reveals that the pharmaceutical industry is the most R&D intensive industrial sector ...

Study:Almost three-quarters of Romanians go to pharmacies at least once a month

Tuesday, June 22, 2021

According to the "Pharmaceutical services in Romania. Post-pandemic realities and challenges" study launched on Tuesday at the Parliament Palace, almost three-quarters of Romanians go to pharmacies at least once a month. The research also shows a high level of satisfaction with the services offered by pharmacies.   When it comes to vaccination in pharmacies, about one-third of respondents said they were ...

HealthMin Mihaila: PNRR has 150 million euros to help hospitals prevent nosocomial infections

Tuesday, June 22, 2021

Health Minister Ioana Mihaila said Thursday that Romania's National Recovery and Resilience Plan (PNRR) has allocated 150 million euros that come to the aid of hospitals to prevent nosocomial infections.Mihaila said that the Ministry of Health is considering measures to improve the under-reporting of infections related to the provision of healthcare."We are considering measures to improve this under-reporting [of nosocomial infections], some of which ...

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