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Cars: PwC Autofacts: New vehicle sales will increase by around 1.1% this year in Romania
Tuesday, March 4, 2025
Sales of new passenger cars and light commercial vehicles on the Romanian market are estimated to grow by 1.1% this year compared to 2024, with Romania and Slovakia being the only Central European markets to end 2025 in surplus, according to the PwC Autofacts report conducted on five markets* in the region. The car market in Slovakia is expected to rise by 2%, while Poland and Hungary will stagnate and the Czech Republic will decrease by ...
Infrastructure : Study: Investments Needed To Boost Romanian River Ports
Tuesday, March 4, 2025
Significant investments in the development of river transport infrastructure and a restructuring of tariffs are necessary to efficiently use ports and unlock the potential of cheaper and less polluting river transport, according to a study by the Naval Domain Oversight Council (CSDN) within the Competition Council. CSDN analyzed the organization and management of river transport infrastructure, as well ...
Real Estate: Western European Investors Spent €1.75B on Romanian Real Estate
Tuesday, March 4, 2025
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling €1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. Their market share accounted for approximately 39% of the total transaction volume of €4.5 billion during the analyzed ...
Number of building permit for residential buildings increase 4.9% in January
Tuesday, March 4, 2025
The number of building permits issued for residential buildings increased 4.9% in January 2025 compared to the same month last year, reaching 1,918, while the total useful area reached 468,930 square meters, an 11.4% increase, according to data the National Institute of Statistics (INS) published on Friday.Of the total building permits for residential buildings, 70% are for rural areas.In January 2025, there was a noticeable increase in the ...
Average mortgage instalment in Bucharest equal to 43% of national medium net wage
Tuesday, March 4, 2025
The average instalment for a 25-year mortgage loan granted in Bucharest for the purchase of a one-bedroom new apartment (50 square meters net usable area) reached, at the beginning of 2025, a share of 43% of the average national net wage, according to Ipotecare.ro index of accessibility of contracting a mortgage – this being the lowest level registered in recent decades. In calculating the instalment / wage ...
Trade: Romania ranks first in EU for online shopping increase in last decade
Tuesday, March 4, 2025
Online purchases in EU continued to grow in 2024, the most frequent goods bought inline are clothes (including sportswear), footwear and accessories, according to data published by Eurostat. According to those data, last year, 77% of Internet users bought or ordered goods or personal use services online, on the rise from 59% in 2014, which represents a 17% ...
Retail market study: Preferences, figures and trends for 2025
Tuesday, March 4, 2025
Romanian retail market reflects a combination of pragmatism and a desire to indulge, according to the most extensive analysis of consumer habits in Romania, conducted by Footprints AI, a Romanian technology company that produces and commercializes one of the most advanced retail media and retail data insights platforms in the world and operates the most extensive retail media network in Romania and Central and Eastern ...
Share of e-commerce in GDP will reach, in Romania, 38.6%
Tuesday, March 4, 2025
E-commerce will reach 38.6% of Romania's Gross Domestic Product (GDP) in 2025, and by 2029 the share is expected to exceed 46%, according to the estimates of the Bulgarian eCommerce Association, published on Wednesday.According to a press release from the professional association, sent to AGERPRES, while purchases on mobile devices continue to have an upward trend, 56.4% of Romanian buyers prefer desktops and laptops, "which present a mix of ...
Healthcare: About 1.2 million Romanians suffer from a rare disease, screening needs to be strengthened
Tuesday, March 4, 2025
Approximately 1.2 million Romanians suffer from a rare disease, rector of the "Carol Davila" University of Medicine and Pharmacy Viorel Jinga said on Friday, stressing the need to "strengthen" screening programmes, especially pediatric ones, to detect these diseases early."In our country, the number of people suffering from a rare disease is about 1.2 million, in a general European context where the total reaches 36 million people affected by a rare ...
Agriculture: Excellent agricultural year ahead after snowfall in areas affected by drought
Tuesday, March 4, 2025
Prime Minister Marcel Ciolacu said on last Thursday that there are premises for an excellent agricultural year in Romania after recent snowfall that fell in the country's ravaged by drought."In agriculture, data show that the last snowfalls fell exactly in areas with a high water deficit after last year's drought. We now have the premises for a very good agricultural year," Ciolacu said at the beginning of a government meeting.He also welcomed ...
Cars: Romania produces 5pct of all motor vehicles cars registered in the EU
Tuesday, February 25, 2025
Romania produces 5% of all motor vehicles currently registered in the European Union (EU), while the national automotive industry generates about 13% of the country's Gross Domestic Product (GDP), Secretary General of the Association of Romania's Automobile Manufacturers (ACAROM) Adrian Sandu told a specialist debate on last Thursday."The automotive industry was, is and will continue to represent one of the main economic sectors of Romania. The ...
Tourism : FIJET Romania: The Danube Gorge to be number one tourist destination in 2025
Tuesday, February 25, 2025
The Danube Gorge (also called the Iron Gates, in a broader sense) is the number one tourist destination of 2025, followed by the cities of Iasi and Brasov, in the top ten tourist destinations from Romania for this year proposed by the Tourism Press Club - FIJET Romania, which continues the project "The FIJET Destinations in Romania," which has now reached its 3rd edition.According to a press release, the ten destinations are ...
Investments in the hotel sector will increase by 56% in Romania and by 70% in Europe
Tuesday, February 25, 2025
Commercial property investors are increasingly looking at the hotels market, both in major cities and in mountain and seaside resorts. In Romania, the volume of investments in hotels totaled 69.3 million Euros in 2024, up 56% compared to 2023, according to monitoring by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. At the European level, the hotel industry attracted €20.5 billion, up 70% compared to 2023, and is considered the ...
Real Estate: Housing prices in Bucharest, up by 23 pct in Q4 of 2024, supply has decreased by 33%
Tuesday, February 25, 2025
House prices in Bucharest increased by 23% in Q4, 2024, compared to the same period in 2023, up to an average of 1,850 EUR/sqm, but the supply decreased by 33%, shows a specialized analysis, recently presented at a new edition of Trends Forum.According to a press release of the organizers of the event, Bucharest Real Estate Club & Romania Property Club, in terms of rentals, the offer in the capital is down by 23%, compared to the ...
Romanian construction market contracts by 4% in 2024, 2025 is shaping up as transition year
Tuesday, February 25, 2025
The Romanian construction market recorded a 4% decrease in 2024, compared to the previous year, but compared to 2018 the volume of works was 78% higher, according to Collliers consultants in an analysis."The construction market in Romania maintained a high level of activity in 2024, although it registered a slight decrease of 4% compared to the previous record year, according to data from the National Statistics Institute. ...
Trade: Over 60 pct of excise taxes collected from alcoholic beverage sales, paid by spirits industry
Tuesday, February 25, 2025
More than 60% (1.22 billion RON) of the total excise taxes collected by the state from the sales of alcoholic beverages in 2024, amounting to 1.98 billion RON, were paid by the spirits industry, according to data aggregated by the National Tax Administration Agency (ANAF) and sent to Spirits Romania, an employers' association that brings together the main producers and importers of spirits in Romania.According to a press release from the ...
Study:Almost two-thirds of Romanians buy impulsively, about three-quarters appreciate discounts and offer
Tuesday, February 25, 2025
Almost three-quarters of Romanians (72%) take into account discounts and promotions when it comes to appreciating shopping in stores, while 64% declared that they make them make impulsive purchases, both in the case of special and strategic placements, according to a specialized study, published on Thursday.According to the Highlight Agency research, carried out with the support of Reveal Marketing Research, promotions are sought by all ...
Agriculture : Grains market 2025: Romania, undeniable leader in EU
Tuesday, February 25, 2025
Romania ranks first in the EU grains market with an export level above the other member states. As expected, wheat is the main cereal sold in Romania in this season, but the top shows similar results in case of barley exports. According to data released by AGRI Column, since the beginning of 2024-2025 season, that is as of July 1, 2024 until the present day, ...
102 more projects in agricultural and fruit processing to receive over 259 millin euro funding
Tuesday, February 25, 2025
Another 102 investment projects in processing, with a total value of 259.3 million euros, will receive funding under the additional selection report for the DR-22 intervention on the conditioning, storage, and processing of agricultural and fruit products, the Agency for Financing Rural Investments (AFIR) announced on last Tuesday."Given the strong interest in this sector, as well as the fact that the DR-22 intervention contributes to achieving ...
Healthcare: There is not enough medical education to legalise soft drugs in Romania
Tuesday, February 25, 2025
The Romanian society is not ready for the legalisation of soft drugs due to the lack of medical education that would allow a correct understanding of the phenomenon, university professor Radu Tincu, primary care physician, toxicologist, coordinator of the Clinical Toxicology subject matter at the Carol Davila University of Medicine and Pharmacy in Bucharest, said.He participated in Tulcea in an event organised by the County Council entitled ...