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Infrastructure: Analysis: Infrastructure limits goods transport business

Tuesday, October 23, 2018

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Romania could become a significant player in the transport of goods in the area if road and railway infrastructure followed the growing trend of business in this sector, when business grew last year by 8% to 53.8 billion lei (11.78 billion euro), say experts from KeysFin, in an analysis made for the Unions of Expedition Societies in Romania. Business in the transport of goods sector grew last year by 8% compared to 2016 and by 50% against 2013. The ...

Construction company wants to bring Asian workers for highway in Western Romania

Tuesday, October 23, 2018

Romanian construction group Selina, controlled by local investor Beniamin Rus, plans to bring workers from Vietnam, Pakistan and Sri Lanka for building two sections of the Transylvania Highway, in Western Romania, ...

Haulage association complains to Brussels Belgian, French authorities seize Romanian trucks

Tuesday, October 23, 2018

The Romanian Transport Operators Federation (FORT) has notified the European Commission that the Belgian and French authorities are seizing Romanian trucks out of the desire of these countries to protect their domestic capital, FORT said in a release on last Thursday."Against the backdrop of the Romanian authorities' heedlessness and of the 'deadly slumber' shrouding the Ministry of Transport, the abusive seizure of Romanian trucks on the territory of states such ...

Trade: Romanian bee therapy, first in the world

Tuesday, October 23, 2018

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Romanians prefer to consume bee products rather than honey, because local bee therapy ranks first in the world, Romania producing the widest variety with the best properties, said the president of the Scientific Commission of Bee Therapy of Apimondia, biochemist Cristina Mateescu. According to her, Romania is the only state which approved propolis as medicine, through a traditional procedure. Lately, more Romanians have consumed food supplements based ...

Agriculture: Fruit and vegetables imports worth 783.1 million euro in H1; exports, ten times lower

Tuesday, October 23, 2018

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Romania imported fruit and vegetables worth 783.1 million euro in the first half of 2018, while the exports value was almost ten times lower, according to the data centralised by the National Institute of Statistics (INS). Fruit and vegetables exports stood at only 78.6 million euro in H1 2018. Thus, Romania's deficit in the international trade with fruit and vegetables amounts to 704.5 million euro.Statistics show that fruit and vegetables imports advanced 4.8 ...

Eurostat: Sales of pesticides in the EU in 2016 – Spain, France, Italy, Germany and Romania top the rankings

Tuesday, October 23, 2018

Statistics on the sale of pesticides are used as an indicator of pesticide consumption in agriculture. Among the 20 European Union (EU) Member States for which complete data are available, Spain, France, Italy and Germany accounted for a large majority (79 %) of pesticide sales reported in 2016. These countries are also the main agricultural producers in the EU, collectively accounting for about one half (46 %) of the EU’s total utilised agriculture area and one half ...

Tourism: In 2019, Govora will host European summit about balneary tourism

Tuesday, October 23, 2018

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About 20 ministers from EU member states  and other European officials will participate in a summit about balneary tourism in Baile Govora, in the summer of 2019. The summit will be organized by the Foreign Ministry and the Ministry of Tourism, said Govora mayor, Mihai Mateescu. “Govora will host the summit ‘Balneary tourism - EU strategy for cross national development” most likely over May 28-31, 2019. Representatives of ...

Cars: Around 3,000 new eco-friendly cars delivered in Romania in first nine months of 2018

Tuesday, October 23, 2018

About 3,000 new eco-friendly cars were sold in Romania in the first nine months of the year, almost double (99.83 percent) as compared to the same period in 2017, and the share of "green" cars in the total car sales at the national level reached 2.6 percent, shows data of the Automotive Manufacturers and Importers Association (APIA).According to statistics, out of a total of 2,922 cars sold between January and September, 2,274 units are hybrid plug-in vehicles (up ...

Car market in Romania records steepest drop in EU in September

Tuesday, October 23, 2018

Registrations of new cars in the European Union (without Malta) dropped 23.5% in September, down to 1.09 million, while Romania recorded the steepest plunge, show data releases on Wednesday by the European Association Automotive Manufacturers Association (ACEA).The Romanian car market saw a plunge of 73.4 % in September, with only 2,771 cars registered, compared with 10,425 in the same period of 2017.Deliveries dropped last month on all five largest ...

Real estate transactions increased with 1,900 in September, to 42,500

Tuesday, October 23, 2018

More than 42,500 properties were sold in September at the country level, with around 1,900 more than in August, with most of the sale and purchase transactions being recorded in Bucharest and Ilfov County, according to the National Cadastre Agency and Real Estate Advertising (ANCPI), quoted by http://business-review.eu. The number of homes, land and flats that were the subject of sale-purchase contracts nationwide in September ...

Cars: Statistics: Jan - Aug 2018 trade turnover in motor vehicles, motorcycles up 8.4 pct YoY

Tuesday, October 16, 2018

The turnover of wholesale and retail trade in motor vehicles and motorcycles over January - August 2018 was 8.4 percent higher YoY expressed as raw series and 9.5 pct up from the similar period of 2017 expressed as workday and seasonally adjusted series, shows data of the National Institute of Statistics (INS) released on Thursday.In the same period, the turnover for market services provided to the population was up expressed both as raw series and as workday and ...

Almost 106,600 new car registrations recorded in Romania in January-September

Tuesday, October 16, 2018

Approximately 106,600 new cars were registered in Romania in the first nine months of the year, up 35.33 per cent compared with the same period of 2017, while registrations of second hand cars almost reached 347,000 units, down 16.72 per cent, according to the statistical data released by the Driver Licenses and Vehicle Registration Directorate (DRPCIV), published on Thursday.According to the centralized data, in September 2018, there were recorded 6,369 new cars, ...

Real Estate: ANALYSIS: În Bucharest, companies have a monthly office space cost of between 175 and 500 euros per employee

Tuesday, October 16, 2018

Companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between 175 and 500 euros per employee, according to an analysis of a real estate consultancy firm. The analysis takes into account rental costs, service charges, operational costs (water, electricity, internet, consumables, cleaning, reception), as well as fit-out and furnishing costs, amortized over a five year period – the average duration of a ...

Study: Prices for houses up by 1.9 pct in September

Tuesday, October 16, 2018

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It is well-known that September brings significant increases in residential real estate trading (both sale and rental) compared to the summer months. During this period, portal imobiliare.ro registered a 1.9 percent hike in asking prices on a national level, from EUR 1,197 per sqm, valid at the end of the previous month, to EUR 1,220 per sqm. Especially under the influence of the new segment, the growth trend was felt in ...

Clients interested in buying homes for investment reached 10 pct to 15 pct

Tuesday, October 16, 2018

According to Imobiliarium real estate fair representatives, the percentage of clients buying houses for investment purposes registered a slight moderation, reaching 10 percent to 15 percent. The profile of such a buyer is generally a man aged 40 to 50, with an average or above average income, who is interested in a larger range of housing. The reasons that have encouraged investment purchases in recent ...

Healthcare: Cantacuzino Institute to resume vaccine production by end-2019

Tuesday, October 16, 2018

National Defence Minister Mihai Fifor said last Tuesday that the Cantacuzino Institute will resume vaccine production by the end of 2019 at a newly built production facility and under a partnership with a pharmaceutical company.The minister also mentioned the way in which vaccine production project is planned to be carried out. "We will not be able to continue to produce vaccine in a basement in the centre of Bucharest City; we have to get that out of our minds. ...

In statistics, only 1.5 pct of the Romanian is affected by depression

Tuesday, October 16, 2018

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Romanians are, in statistics, among the most happy Europeans, despite the constant economic weights and eternal conflicts in the state. Only 1.5 percent of the population is affected by depression, according to Eurostat. What fail to say Eurostat is the fact that the majority of the population of Romania isn’t checked about the disease that affects in average 7 percent of the European Union ...

Sanador opens biggest private oncology center in Romania after EUR 20 mln investment

Tuesday, October 16, 2018

Private health group Sanador, owned by Romanian entrepreneurs Doris and Florin Andronescu, opened on Thursday the biggest private oncology center in Romania located in its hospital in downtown Bucharest, near Victoriei Square, http://business-review.eu informs. The 5,000 sqm Sanador Oncology Center provides patients with a comprehensive range of modern and integrated diagnostic, cancer treatment and ...

Recommendation on vaccines should not remain a ‘piece of paper’, Commission says

Tuesday, October 16, 2018

The European Commission’s proposed recommendation on strengthened cooperation of all stakeholders against vaccine-preventable diseases should not remain a “piece of paper” as ...

Infrastructure: Tarom might reconnect Romania with USA and Asia in 2019

Tuesday, October 16, 2018

Tarom might reconnect with USA in May and Asia in October next year, after more than ten years of interruption, said Tarom general manager Werner Wolff. ”From the political point of view, it is desirable to reconnect with the US and Asia after more than ten years. In the coming days I will have an exit to see the long-haul aircraft, and if we now close the offer that I see most realistically, to replace 13 aircraft and two more long-haul planes ...

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