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Agriculture: APIA authorizes payments worth 2.14 B euros to 767,907 farmers, under 2020 Campaign

Tuesday, February 9, 2021

Almost 768,000 farmers have gotten approvals to receive payments under the 2020 Campaign, which represents 93.54pct of the total number of those who submitted a Single Payment Request, informs the Agency for Payments and Intervention in Agriculture (APIA), in a press release.The total amount approved for the 767,907 farmers reaches 2.14 billion euros, of which: 1.69 billion euros come from the European Agricultural Guarantee Fund (EAGF), 373.36 million euros from the ...

Cars: This January's motor vehicle registrations at 7,600

Tuesday, February 2, 2021

Romania's motor vehicle registrations this January stood at 7,625, by 46.8 percent higher YoY, informs the Association of Automotive Manufacturers and Importers (APIA), citing data provided by the Driving Licenses and Vehicle Registration Department.Of the total number of vehicles, 6,004 were new cars, 51.9 percent lower than the 12,489 units registered in January last year.The Dacia brand tops the ranking in the category of new cars registered this ...

Healtcare: REGINA MARIA launches the first study in Romania to follow the post-vaccine immune response against COVID-19

Tuesday, February 2, 2021

REGINA MARIA Healthcare Network initiates the first study to evaluate the body’s immune response to vaccination against COVID-19. At the beginning of this year, the World Health Organization (WHO) approved vaccines that have proven their efficacy and safety against COVID-19. The vaccination campaign has started successfully in Romania as well. The next step is to monitor how protected the vaccinated population is against SARS-CoV-2 infection. REGINA MARIA aims to ...

Real estate: Number of building licenses issued in 2020 dropping by 2.9% versus 2019

Tuesday, February 2, 2021

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The number of building licenses for residential constructions issued in 2020 was 41,311, on the drop by 2.9% compared to the previous year, according to data published on Friday by the National Statistic Institute (INS).   Drops were recorded în the following regions: South-East (-632 licenses), Center (-353), West (-332), South-West Oltenia (-164) and Bucharest-Ilfov (-161). Increases were recorded ...

WDP invested 116 million euros in Romania in next two years

Tuesday, February 2, 2021

The real estate developer Warehouses DePauw (WDP) controlled by one of the richest families in Belgium will invest  116 million euros in Romania until the end of 2023, for areas of 187,838 sq.m. Investments made in stages are in Stefanestii de Jos, Cluj, Craiova, Paulesti, Roman and Timisoara. The beneficiaries of those areas are Profi, LPP, Decathlon, Fedex and Eobuwie.   In Romania, WDP made ...

Colliers manages more than half a million square meters of office and industrial spaces

Tuesday, February 2, 2021

The Property Management Division of Colliers International manages a portfolio of over half a million square meters of office and industrial spaces in the Capital and in the country after 10 years since it was founded. During the same period, the team provided consulting services related to property management activities for another 700,000 square meters.   With a total portfolio of 530,000 square meters of offices and ...

Romania’s real estate market defies regional trend and rises by 30% in 2020

Tuesday, February 2, 2021

Real estate consultancy firm JLL estimates the real estate investment market in Romania at EUR 900 million in 2020, up 30% from 2019 (EUR 694 mln), noting that Romania is the only country in the region that boasted an upward trend last year.   The findings align with the 28% annual rise calculated by Cushman & Wakefield Echinox, to EUR 914 mln. However, due to re-allocation of deals de facto completed in 2019 and only ...

Element Industrial to invest 37 mln euro in new logistics park

Tuesday, February 2, 2021

Romania's industrial and logistic projects developer Element Industrial plans to invest 37 million euro ($45 million) in a new logistics park near Bucharest, it said on Wednesday.Located in the Buftea-Chitila area, Eli Park 3 will have a total area of 72,000 sq m, Element Industrial said in a press release.   In the first stage of the construction, the developer will build a 18,500 sq m ...

Infrastructure: Air traffic down almost 70% on Bucharest airports in 2020

Tuesday, February 2, 2021

The two airports of Bucharest last year recorded air traffic of over 4.46 million passengers, down 69.7% compared to 2019, while aircraft movements decreased by 53.5%, totaling 67,696, the Bucharest Airports National Company announced on Thursday."The Bucharest Airports National Company registered, on Henri Coanda Bucharest International Airport and Bucharest-Baneasa Aurel Vlaicu International Airport, an air traffic of 4,468,906 passengers (decreasing by ...

Agriculture: COFACE: 5% Increase for the dairy and cheese manufacturing sector in 2019

Tuesday, February 2, 2021

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*The production of consumption milk increased by 8% in 2019 in comparison to 2018.   Strengths: More than half of the companies (61%) recorded an increase in net income Profitability sector increase from 4.3% in 2018 to 5.4% in ...

Thirty new projects to receive funding for investment in irrigation infrastructure

Tuesday, February 2, 2021

As many as 30 new projects will receive European funds for investment in irrigation infrastructure worth 30 million euros in all, with the eligible beneficiaries being Romanian Irrigation Water Users' Organizations (OUAI), the Rural Investment Funding Agency (AFIR) announced on Thursday.A new report for the selection of the remaining projects is said to be at an advanced procedural phase.Since the release of the National Rural Development Plan ...

Telecom. IT: ANCOM plans for 2021

Tuesday, February 2, 2021

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In December 2020, the Authority for Administration and Regulation in Communications (ANCOM) published, as it is customary every year, ...

Tourism: Romanians look for holidays in countries where tests and quarantine are not necessary

Tuesday, February 2, 2021

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Restrictions do not discourage people to look for recreation services but the most popular travel destinations have changed and people are looking for offers in countries where tests and quarantine are not needed, according to an online travel agency.   Zanzibar is in the top of holiday destinations chosen by Romanians this year. “Despite restrictions, people ...

Infrastructure: Two new routes by Wizz Air from Bucharest to Zakynthos and Corfu, from June 15 to September 15

Tuesday, January 26, 2021

  The low-cost airliner Wizz Air opens two new routes from Bucharest to Zakynthos and Corfu, with two flights per week, Tuesday and Saturday, to be operated from June 15 to September 15, and the rates will start from 149 RON (rd EUR 30) per segment, announced, on Friday, the airway operator.The tickets are already available on wizzair.com and through the mobile app."These new routes are added to the three already existing services ...

Cars: ACAROM: National car production, down 10.67%, in 2020

Tuesday, January 26, 2021

The national car production registered in 2020 a decline of 10.67%, compared to the previous year, down to 438,107 units, according to the data published by the Romanian Automobile Makers Association (ACAROM).In December alone, 33,408 cars were produced in Romania, of which 18,804 units at the Dacia plant in Mioveni and 14,604 units at the Ford plant in Craiova.Compared to the whole year 2020, the production of cars reached 438,107 units, ...

Real Estate: C&W Echinox: The Romanian investment market shows incredible resilience in face of the pandemic in 2020

Tuesday, January 26, 2021

In 2020, the total volume invested in real estate assets in Romania reached EUR 914 million, a 28 percent increase compared 2019, illustrating the overall resiliency of the Romanian investment market during the Covid-19 pandemic, according to the Romania Investment Marketbeat launched by Cushman & Wakefield Echinox real estate consultancy firm.   The most active segment was by far the Office sector, with estimated ...

Developers maintained their plans for 2020 and delivered about 600,000 square meters of industrial space

Tuesday, January 26, 2021

  The developers of industrial and logistics spaces completed last year new projects with an area of about 600,000 square meters, thus maintaining the investment plan announced at the beginning of the year, despite the COVID-19 crisis.   “Almost all the projects announced by the developers for 2020 have been delivered. Developers have not stoped or slowed down the construction plans, even if their ...

Healthcare: Pharmacy business increased in 2019 by 8%, to 20.6 billion lei

Tuesday, January 26, 2021

Revenues from the sector of retail with pharmaceutical products in specialized stores increased by 8% in 2019 compared to the previous year, reads a new study conducted by Coface Romania on the sector of “Retail with Pharmaceutical Products in Specialized Stores” (NACE 4773).   Strenghts: More than half the companies (56%) ...

Telecom.IT: Personal data protection measures taken by more than half of Romanian internet users in 2020

Tuesday, January 26, 2021

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More than half of 16-74 year old Romanians who used the internet in the last 3 months, in 2020, took measures to prevent access to personal data on the internet, according to data centralised by the National Institute of Statistics (INS).Of these, more than 7 out of 10 read the privacy policy before providing personal data, 50.8% limited access to personal profile or content on social media; 47.8% refused permission to use personal data for advertising ...

Tourism : Sibiu nominated among best 20 European tourist destinations

Tuesday, January 26, 2021

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The city of Sibiu has been nominated, for the second consecutive year, on the list of the best 20 European tourist destinations by the European Best Destinations Association in a competition taking place between January 20 - 10 February, the Sibiu City Hall reported on Wednesday in a press statement.The ranking will be established according to the votes received by each participating city. Votes for Sibiu can be cast on ...

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