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Healhcare: Medicines market rises by 10.6% YoY to EUR 3.9 bln

Tuesday, August 10, 2021

Romanians used in the 12 months to the end of June medicines in value of RON 19 bln (EUR 3.9 bln) measured at the distribution price, 10.6% more than in the previous 12 months, according to data published by Cegedim market research company, quoted ...

Cars: New car registrations up 20.3pct in Romania, in July

Tuesday, August 10, 2021

 Over 17,500 new vehicles were registered in Romania in July this year, up 20.3pct compared to the same period in 2020, informs the Automotive Manufacturers and Importers Association (APIA), citing the data released by the Directorate for Driving Licenses and Vehicle Registration (DRPCIV).Of these, 15,493 were new cars, eyeing an increase compared to July 2020 (when 12,950 units were registered) of 19.6pct.In this context, for the first 7 months as a whole, new ...

Agriculture: Number of active African swine fever outbreaks up to 236 last week

Tuesday, August 3, 2021

The number of active outbreaks of African swine fever has risen to 236 last week, from 170 on the July 23 report, affecting 46,730 pigs, informs the National Sanitary Veterinary and Food Safety Authority (ANSVSA)."As of 29.07.2021, a number of 236 outbreaks of African swine fever are active, of which 2 outbreaks in commercial holdings and 2 outbreaks in type A commercial holdings, with a number of 46,730 swine being affected by active outbreaks," shows a press ...

Real Estate: Avison Young Report: Office leasing activity throughout H1 2021 has increased by 17% compared to 2020, amounting to over 130,000 sq. m 

Tuesday, August 3, 2021

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* The office supply is expected to exceed 200,000 sq. m in H2 2021   Bucharest, July 30th 2021. Office leasing activity throughout H1 2021 has amounted to over 130,000 sq. m, a 17% increase compared to the same period of 2020. Relocations and new business operations represented 61%, according to the ‘Bucharest office market ...

Over a third rise in number of construction authorizations for residential buildings, in Q1

Tuesday, August 3, 2021

The number of building authorizations for residential buildings has gone up by 36.8%, during the first semester of the year, as opposed to the same period of 2020, when the most important important increases in the areas of South-Muntenia and Bucharest - Ilfov, according to the data published by the National Institute of Statistics (INS) on Friday.Thus, during the interval of January-June 2021 there have been issued 24.451 building authorizations for residential ...

Infrastructure: New international arrivals terminal of 'Traian Vuia' International Airport in Timisoara, inaugurated

Tuesday, August 3, 2021

The "Traian Vuia" International Airport in Timisoara (AIT) has inaugurated, on Thursday, the new international passenger arrivals terminal, after the completion of the first stage of the investment project of the Ministry of Transport and Infrastructure, partly funded from non-reimbursable European funds.The project started in February 2019, and the second stage is aimed at building the international departures terminal.The total value of the ...

Healthcare: Gov't approves establishment of Centre for Patients with Severe Burns at Targu Mures County Hospital

Tuesday, August 3, 2021

  The Government approved, by a decision, the technical-economic indicators for the construction of a Centre for Patients with Severe Burns and the reorganization of the medical flows at the Targu Mures County Emergency Clinical Hospital, for a better positioning and connection of the emergency, ICU and surgery departments.According to a press release of the Ministry of Health sent on Wednesday, the normative act stipulates a total value of the ...

Tourism: Greece preferred by Romanians for holidays

Tuesday, August 3, 2021

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Greece remains one of the destinations preferred by Romanians and holidays will continue in a normal way for people who were vaccinated, ANAT (National Association of Travel Agencies) showed in a press release on Friday.   “Holidays continue now in Greece, most reservations for the second part of the season being made by vaccinated tourists. Certainly, everybody expected Greece to be on the red ...

Half of Romania's hospitality businesses struggling with indebtedness ratio of 90-plus pct, 7 in 10 at high insolvency risk

Tuesday, August 3, 2021

With over 50 percent of its companies struggling with an indebtedness ratio of over 90 percent, and seven out of ten businesses facing a high insolvency ratio in 2020, hospitality is definitely the Romanian industry most affected by the coronavirus pandemic, financial analyst Iancu Guda told a press conference on Wednesday."Hospitality is definitely the Romanian industry most severely hit by the pandemic. (...) The figures confirm a 39 percent drop in sales ...

Trade: Romanians are below the EU average when it comes to consuming soft drinks that contain sugar

Tuesday, August 3, 2021

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In 2019, 9% of people aged 15 and over in the EU drank sugar-sweetened soft drinks daily, while 6% drank such ...

Cars: Registrations of partially hybrid cars 4 times higher in first semester

Tuesday, August 3, 2021

Registrations of cars with partially hybrid engines grew 4 times in the first half of the year, compared to the same period of 2020, according to an analysis made by datareport.ro, based on data released by the Driving Permits and Vehicle Registration Regime Directorate (DRPCIV).   8.016 mid hybrid electric vehicles were registered between January 1 and June 30, 2021, 3.6 times more than ...

Tourism : Holiday voucher bookings up by 34 pct in 2021

Tuesday, July 27, 2021

Bookings with holiday vouchers have increased by 34 pct this year, yet a considerable number of such vouchers remain unused, according to a study by the hotel booking platform Travelminit.ro, conducted with Sodexo, sent on Friday.Compared to 2019, more and more Romanians have chosen to pay for their stays using holiday cards, in June and July of this year there was a 34 pct increase in bookings paid in this way.However, the same study also ...

A new spa in the Danube Delta opened this year

Tuesday, July 27, 2021

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A new spa in the Danube Delta – the Lebada Luxury Resort & Spa hotel added a small jewel spa on the banks of the Danube, next to the spa complex opened with the hotel two years ago. The previous complex included indoor and outdoor pool, saunas, Technogym fitness studio, spacious seating areas, bars and spa terraces. The owners have added a 4-cabinet spa separate from the previous center and an infinity ...

Real Estate: Value of transactions with commercial buildings down 23 pct in first half of year

Tuesday, July 27, 2021

The total value of transactions with commercial real estate in Romania clocked in at 298 million euro in the first six months, dropping 23 pct over the similar period of the previous year, according to a report published on Monday by the real estate consultancy company Cushman & Wakefield Echinox.The largest three transactions in the first half were conducted in the office space segment, by investors in Austria, who acquired the Campus 6.2 and Campus 6.3 ...

Deloitte Property Index 2021: Housing in Romania, among the cheapest in Europe

Tuesday, July 27, 2021

New dwellings’ prices sold on the Romanian market increased by 3.1% in 2020 compared to the previous year, reaching an average of 1,322 EUR/sqm. Thus, Romania ranks fourth among the 24 countries analyzed by the Deloitte Property Index ...

Agriculture : FirstFarms continues divestment of Romanian properties

Tuesday, July 27, 2021

The Danish farming company FirstFarms announced that it reached an agreement to sell its assets in northwestern Romania, some 2,400 ha of land, for nearly EUR 14 ...

USDA : Early field estimates show Romania's wheat crop above expectations

Tuesday, July 27, 2021

  Early estimates show that Romania's wheat production could reach a record 12 mln tonnes this year, evaluated at EUR 2.3 bln, with high yields in the country's west and good yields in other areas.   The US Department of Agriculture ...

Healthcare: Romanian pharma industry's turnover close to 70 bln lei this year

Tuesday, July 27, 2021

The turnover of Romanian drug manufacturers, distributors and pharmacies was 66.6 billion lei in 2020, up 2.6 percent from 2019 and over 100 percent higher compared to 2010, shows a survey by KeysFin - one of the most important providers of business information solutions in Romania - based on Finance Ministry figures.Experts expect the pharmaceutical industry to continue to grow this year towards 70 billion lei, in the context of inflationary pressure as ...

Infrastructure: 'Henri Coanda' Airport's end of year passenger traffic seen at 6 ml at the most, half 2019 number

Tuesday, July 27, 2021

Passenger traffic at the 'Henri Coanda' International Airport of Bucharest is nearing 800,000 this July, down 42 percent from 2019, and is seen ending 2021 on a pessimistic forecast, at around 5.5 million - maximum 6 million travelers, provided that the 4th COVID-19 wave doesn't bring along very tough restrictions, CEO of the Bucharest Airports National Corporation (CNAB) Cosmin Pestesan said on Monday."Numbers as of July 18 show that we are headed for ...

Freight traffic through Romanian seaports up 8 pct in H1

Tuesday, July 27, 2021

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Freight traffic through Romanian seaports in the first half of this year was in excess of 32 million tons, up 8 percent from the same period of 2020, the Administration of Maritime Ports Constanta informs."Freight traffic through Romanian seaports has been constantly on the rise since the beginning of the year compared to the same period in 2020. The total freight traffic in H1 stands at 32.11 million tons, as to 29.73 million tons in the same period last ...

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