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Economic

Over 48,000 real estate goods sold in November 2019, surpassing November 2018

Tuesday, December 17, 2019

A number of 48,360 real estate goods (lands, houses and apartments) were sold at the level of the entire country in November 2019, 1,847 more than the number of real estate goods sold in the same month of 2018, according to data published on Thursday by the National Authority for Cadastre and Land Registration (ANCPI).On the flipside, the number of sales in November 2019 is by 9,974 units smaller than the number of lands, houses and apartments sold in October ...

Trade: Romanian traders sold online goods of over EUR 3.5 million in Bulgaria, Hungary on Black Friday

Tuesday, December 17, 2019

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The Romanian traders sold online on Black Friday, in Bulgaria and Hungary, goods worth over EUR 3.5 million (RON 17 million), up by over 16pct vs 2018, say the data clustered by PayU Romania.From 22 to 24 November, Bulgaria generated important increases for the Romanian traders as compared to last year. Thus, the online transactions grew by 10pct reaching 15,507, and the transactions' volume exceeded the RON 10 million barrier, up by 28pct against last ...

Healthcare: Estonia, Latvia, Slovenia, Slovakia, Lithuania, Romania - lowest flu vaccination rate among the elderly

Tuesday, December 17, 2019

 The lowest influenza vaccination coverage rates among the elderly - more than 65 years old - in the European Union were recorded in Estonia, Latvia, Slovenia, Slovakia, Lithuania and Romania, compared with an average of 44.3 per cent at the EU level, show data published on Monday by the European Statistical Office (Eurostat). Thus, the influenza vaccination coverage rate was 4.8 per cent in Estonia, 6.9 per cent in Latvia, 11.8 per cent in Slovenia, 13 ...

Infrastructure : Eurostat:Romania's air fleet is one of the smallest and oldest in the EU

Tuesday, December 10, 2019

In 2017, the Romanian air fleet consisted of 62 aircraft, that is 0.9% of the EU fleet, data released by Eurostat on the occasion of the International Civil Aviation Day (UN) show on Friday. The EU Member States imported 533 large planes with a weight of 15 000 kg and above from non-EU countries in 2018, worth €21.9 billion. This represents a 68% increase in numbers of EU Member ...

Henri Coanda Airport, 34th in the ranking of the busiest airports in the EU

Tuesday, December 10, 2019

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In 2018, 13.819 million passengers passed through Henri Coand? airport in Bucharest, up 7.9% compared to 2017, which ranks 34th in the ranking of the busiest airports in the EU, increasing compared to 37th place in 2017, shows data released by Eurostat on Friday. In 2018, 1.1 billion passengers travelled by air in the European Union (EU), up by 6% compared with 2017 and by 43% compared with 2010. Over this period, air passenger transport has steadily ...

Wizz Air announced two new routes to Prague and Seville

Tuesday, December 10, 2019

Wizz Air has announced today further development of the operation in Bucharest basing 1 new Airbus A321 aircraft. The new aircraft will enter the WIZZ fleet in July 2020, and will increase the local Bucharest fleet to a total of 13. From July 2020, Wizz Air will also launch two new routes from Bucharest to Prague, in Czech Republic and Seville, in Spain, which will be only connection between the Romanian Capital and the Andalusian city. Prague is one ...

Real Estate: Real estate market plunges to six-year low in 2019

Tuesday, December 10, 2019

The volume of transactions in the Romanian real estate sector was slightly below EUR 500 million in the first three quarters of 2019, at a level comparable to that seen in the same period last year, and will edge up by a mere EUR 100-200 mln in Q4 to result in a yearly total of EUR 600-700 mln, the lowest level in six years, according to real estate consultancy firm Colliers. The reason for the subdued activity in Q4 is that several large transactions ...

Trade: Fruits, vegetables, 4th and 5th most retailed products in Romania in 2018

Tuesday, December 10, 2019

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Fruits and vegetables were 4th and 5th in the ranking of retailed products in Romania in 2018, after meat, cigarettes and beer, according to data released at an event dedicated exclusively to the fruit and vegetable industry.According to the same source, fruit consumption in modern retail was higher by 15% in volume and 10% in value, between November 2018 and October 2019, according to data extracted from the sales analysis of six modern retail trade chains in ...

Ten-month retail trade turnover 7.1 pct up YoY

Tuesday, December 10, 2019

Compared to the previous month, in October 2019 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased both as gross series by 2.0% and as adjusted series according to the number of working days and to seasonality by 0.8%. Compared to the corresponding month of the previous year, the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased ...

Telecom. IT : Romanian IT market volume to get close to EUR 6 bln this year

Tuesday, December 10, 2019

The Romanian IT market will reach a volume of EUR 5.9 billion by the end of the year, and will go up to about EUR 7.3 billion in 2022, according to a study by the Romanian Employers Association in the Software Industry (ANIS). Exports will account for about 80% of the total volume this year. The volume of the local IT market has increased in recent years at a relatively constant rate of around EUR 500 million per year. Thus, ANIS estimates a volume of ...

Eurostat: Romania tops ranking of household expenditure on communications in the EU

Tuesday, December 10, 2019

Romania is among the EU states where the population spent the most on communications, a recent Eurostat survey says. In Romania, communication spending increased the most among all EU member states. In 2018, households in the European Union (EU) spent over EUR 200 billion (equivalent to 1.3% of EU GDP) on ‘communications’. This represents 2.3% of households’ total consumption expenditure. By ...

President Iohannis: 5G strategy should be linked to NATO security

Tuesday, December 10, 2019

“We need to link the approach to 5G technology to the national security and NATO security,” Romania’s president Klaus Iohannis said after he attended the NATO Summit in London, ...

Healthcare: Eurostat: Romania on the last places in the EU for cataract operations

Tuesday, December 10, 2019

Cataract surgeries, which means the extraction of the lens from an eye, were conducted 4.7 million times in 2017 across the EU Member States, a recent Eurostat survey shows. . In 13 of the Member States, cataract surgeries were performed 1 000 times or more per 100 000 inhabitants in 2017, peaking at 1 400 times per 100 000 inhabitants in Portugal (2015 data), followed by 1 300 each in Austria, France, Czechia and ...

A Romanian goes on average 5 times a year to an accredited doctor; dentist visits are much rarer

Tuesday, December 10, 2019

In Romania, Cyprus and Denmark each person consulted a dentist on average 0.5 times per year or less, says a recent Eurostat survey on how often did Europeans visit the dentist in 2017. The average number of consultations of dentists is far lower than the average number of consultations of medical doctors. Among the EU Member States in 2017, the Netherlands ranked first, with 2.8 consultations of a dentist on average per year, followed by Czechia and ...

The Ministry of Health started the bid for the Regional Emergency Hospital in Iasi

Tuesday, December 10, 2019

The Ministry of Health started on Friday the procedure for the public acquisition of the services of design and technical assistance for the Regional Emergency Hospital in Iasi, shows a press release sent to the ministry. According to the quoted source, the procedure of restricted bid for the acquisition of the services of design with a view to drafting the technical project necessary for the execution of the works for the project ‘ The ...

Tourism: The top of the mountain resorts in Romania: Poiana Brasov, Sinaia and Predeal

Tuesday, December 10, 2019

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Poiana Brasov, Sinaia and Predeal occupy the first three places in a top of the mountain resorts as over 62% of the Romanians spend their winter holidays in Romania, according to a study made by OLX Cazare si Turism. ‘In the general ranking, which includes all criteria analysed in the study, the first is Poiana Brasov (25%) followed by Sinaia (11%) Predeal (9%), Busteni (6%) and Vatra Dornei (6%). The Romanians manifested a preference for Poiana Brasov, as it is the ...

Agriculture: Other four produce are under verification with the European Commission

Tuesday, December 10, 2019

The ministry of agriculture Nechita-Adrian Oros stated that at present there are 727 traditional produce registered on Romanian tops  and seven registered on European tops, and other four produce under verification with the European Commission.  ‘Other four produce are under verification with the European Commission: cascaval of Saveni (processed cheese) – IGP (Protected Geographical indication), pike eggs salad of Tulcea – ...

Cars: Romania, the most dynamic auto market in Europe, in October

Tuesday, December 10, 2019

The Association of the European Automobile Constructors (ACEA) announced that the new vehicles sales în Europe (EU plus the EFTA) registered a growth of 8.6% in October 2019 as compared to the same month of last year, the most dynamic auto market being that in Romania, where the registration of new cars had a growth of 58.1% annually, Reuters says. In Romania, in October 2019 there were registration of 10,649 cars up by 58.1% as compared to 6,736 ...

Real Estate: The stock of modern real estate passes 11 mln sqm

Tuesday, December 3, 2019

The stock of modern real estate in Romania continues to be driven by the robust demand in the industrial, logistics and office segments of the market, in line with the rising number of employees and foreign investments, according to a report by real estate consultancy firm JLL. The total stock of such modern real estate properties surpassed 11 million square metres (sqm) at the end of September as the projects delivered in the first three quarters of ...

One United hires CBRE to manage two Bucharest properties

Tuesday, December 3, 2019

Real estate consulting firm CBRE announced that it was selected to provide property management services for two projects developed by local group One United in the north of Bucharest, namely the One Tower office building and the One Mircea Eliade residential complex. The two projects have 24,000 sqm of offices and 247 apartments in the high-end segment. Thus, the portfolio managed by CBRE exceeded 800,000 sqm, reconfirming the ...

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