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Economic

Telecom. IT: Share of households with Internet access at home 80.8pct in 2021

Tuesday, December 14, 2021

 The share of households with access to the Internet at home was 80.8pct in 2021, up 2.6 percentage points from the previous year, according to data sent by the National Institute of Statistics (INS) on last Wednesday.Thus, in 2021, about 8 out of 10 households in Romania (80.8pct) have access to the Internet at home. In urban areas, 86.9pct of households are connected to the Internet, and in rural areas only 73.1pct.In terms of ...

Trade: Survey : Almost half of the buyers acquire products from physical shops, the trend going upwards

Tuesday, December 14, 2021

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61% of the consumers are optimistic with regards to the future, coming back to purchasing in physical shops and plan the increase of purchases in the next six months, according to a PwC survey, Global Consumer Insights Pulse Survey 2021, made in September among 9,370 consumers out of 26 countries.   The data of the survey show that the people who work from home or in a hybrid way are with 10 percent (68%) ...

Healthcare: The Competition Council started a new investigation on the pharma market

Tuesday, December 14, 2021

The Competition Council started a new investigation on the pharma market, suspecting a dominating position abuse of Boehringer Ingelheim for blocking the competitors.   According to a press release of the competition authority, it is about an investigation on the Romanian market for oral direct anti-coagulant drugs and those destined to the treatment of obstructive chronic ...

Tourism: Google Maps : Bran Castle, Peles Castle and Corvin Castle, the most searched for places in Romania, in 2021

Tuesday, December 7, 2021

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Bran Castle, Peles and Corvin Castle are the places in Romania that attracted the most searches on Google Maps, in the first ten months of the year, while in the Capital, the most searched cultural landmarks were the Romanian Athenaeum, the History Museum and the Antipa Museum, reveals an analysis by Google. As regards searches in Europe, the Louvre Museum in Paris and British Museum in London were the most popular sights on Google ...

Tourism in October 2021

Tuesday, December 7, 2021

- Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 31.4%, while the overnight stays increased by 28.2% in October 2021. - Compared to October 2020, in October 2021 customs registered an increase in the arrivals of foreign visitors of 74.8% and an increase of 42.7% in the departures abroad ...

Infrastructure : Romania to allocate approximately 2% of GDP annually over the next 10 years to co-finance infrastructure projects 

Tuesday, December 7, 2021

 Romania will have to allocate approximately 2% of GDP annually over the next 10 years, representing the financial contribution related to European-funded projects, to which is added the demand to complete the entire infrastructure presented in the Investment Plan for the development of transport infrastructure for the period 2020 - 2030.The Ministry of Transport and Infrastructure (MTI) published, on Friday, in public debate, the draft Government ...

Trade: Only 6% of the electro-IT goods were sold at year's lowest price on Black Friday

Tuesday, December 7, 2021

Only 6% of the electro-IT products on sale by the online stores in Romania on Black Friday 2021 were sold at the lowest price of the year, according to the latest report made by the online price monitoring service PriceFlux, quoted ...

Retail turnover up 11.1 oct in first 10 months

Tuesday, December 7, 2021

Retail trade turnover (except for trade in motor vehicles and motorcycles) increased by 11.1 pct as unadjusted series and by 10.2 pct as workday and seasonally adjusted series in the first 10 months of this year compared to the same period in 2020, the National Institute of Statistics (INS) announced on Friday.As unadjusted series, there was a boost in trade due to the sales of non-food products (+ 16 pct), retail sale of automotive fuel in specialized ...

Agriculture: Romsilva plants about 2 million trees in autumn afforestation campaign

Tuesday, December 7, 2021

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Romsilva, the National Forest Department is planting about two million trees in the autumn afforestation campaign, regenerating 2,697 ha of forest fund, of which 1,548 ha through natural regenerations and 1,149 ha through artificial regeneration, that is through afforestation works, the department announced on Wednesday.   According to the source, this year's regeneration program of state forests ...

The average price of arable land in Romania, higher than in France

Tuesday, December 7, 2021

The average price of one hectare of arable land in Romania last year was 7,163 euros, while France was 6,000 euros and in Hungary it was 4,893 euros, according to data published by Eurostat.   Among ...

ROMPAN: The sector of milling and bakery is most affected of all food industries in Romania

Tuesday, December 7, 2021

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The milling and bakery sector is the most affected of all food industries in Romania, as we have a double price for raw materials, besides the other increases of price for energy, gas and fuel, stated recently the chairman of the Romanian Employers’ Association for the Milling, Bakery and Pasta – ROMPAN, Aurel Popescu. " ‘We are more affected than the other industries. If everybody has experienced increased ...

Real Estate: The office market, lower in Bucharest after 2023 due to the lack of new projects

Tuesday, December 7, 2021

Although the office space market is at a low level in the wake of the pandemic, in two years' time, it will be possible to face a lack of new space in Bucharest, real estate consultancy firm JLL concludes in a report.   "The construction of an office building usually takes at least two years. For office buildings to be delivered in 2023, their construction must have already begun, which we do not see ...

Cars: New car registrations drop in Romania by 13 pct in November

Tuesday, December 7, 2021

  The number of new car registrations has dropped by 0.93 pct in the first 11 months of the current year, compared to the data of 2020, yet at the level of November the reduction was of over 13 pct, shows data from the Driving Permits and Vehicle Registration Regime Department (DRPCIV), quoted by Romanian Automobile Makers Association (ACAROM).According to the statistics published on Thursday, November recorded a volume of registrations of ...

Trade: Retailers handled two million orders in Black Friday weekend

Tuesday, November 30, 2021

Over two million orders were handed over to couriers by retail companies in Romania in the 2021 Black Friday weekend , according to an analysis made by a technology start-up.   According to Innoship data, released on Tuesday, volumes handed over in the interval Friday-Sunday are 2.5 times higher than a usual weekend, and the technology website managed over 12% of all orders.   79% of orders handed over in the first ...

Rising competition in Romania’s online grocery market

Tuesday, November 30, 2021

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The competition in the online food trade, a market of EUR 200-250 mln in Romania, is rising - according to Ziarul ...

Infrastructure: Constanta airport invests EUR 17.2 mln, not including possible new terminal

Tuesday, November 30, 2021

The investment program at Constanta airport in eastern Romania, to be completed by 2023, amounts to EUR 17.2 mln - not including a possible new passenger terminal that is currently subject to ...

Tourism : 2021 – A good year for seaside tourism, but below expectations for business travel in Bucharest

Tuesday, November 30, 2021

Families with children and foreign tourists were the main customers, in the summer season 2021, of Rezident, the company that offers hotel apartments in Bucharest, Eforie Nord and Predeal for rent. The occupancy rate on the coast was 60%, overall, with a peak of 97% in August. In Bucharest, foreign tourists from Israel, Italy or Spain spent, on average, two days in Rezident apartments.   Besides tourist rental, this year the company also offered ...

Hotel chain Ensana to invest EUR 20-25 mln in central Romania

Tuesday, November 30, 2021

Hungarian Ensana Health Spa Hotels, formerly known as Hungarian Danubius Hotel Group, plans to build three villas and convert its health centre in Lacu Ursu into a hotel - all in central Romania, in ...

Real Estate: One in two employees thinks post-pandemic offices need to be redesigned to include different workspaces

Tuesday, November 30, 2021

As employees will increasingly return to the office in 2022, a need for office transformation that responds to the post-pandemic way of working is emerging. Half of Romanian employees believe that the office needs to be redesigned to create different areas that give them more flexibility and multiple working options, depending on the type of work and collaboration needs, inspired by the Activity-Based Workspace (ABW) model. At the same time, 60% believe there is a need for advanced ...

Infrastructure: Mihail Kogalniceanu International Airport Constanta has investments of 17 million euros until 2023

Tuesday, November 23, 2021

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  Mihail Kogalniceanu International Airport Constanta has investments of 17.2 million euros, Bogdan Artagea the general manager of the airport declared for News.ro. The institution has also a feasibility study for a passenger terminal of 647,000 euros included in the investment program, showing whether the construction of a new terminal was opportune or the existing one should be ...

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