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The grain exports hit records in farming year 2021-2022

Tuesday, April 19, 2022

The record cereal crops harvested last year resulted in robust exports, as shown by the official data for the period July 2021 - January 2022 reviewed ...

Infrastructure: Gov't to invest 200 million lei in Constanta Port railway transport infrastructure

Tuesday, April 19, 2022

The government approves 200 million lei in investment to make operational the railway transport infrastructure of the Constanta Port, according to Prime Minister Nicolae Ciuca."We have discussed the measures we have taken so that the port of Constanta can increase everything related to its operating infrastructure. In that infrastructure, the railway component plays a very important role. We have identified the necessary funds and, thus, under today's ...

Blue Air company opens new base in Iasi, operating flights towards 11 new destinations

Tuesday, April 19, 2022

 The representatives of Blue Air operator have announced on Wednesday that they are opening up a a new base at northeastern Iasi International Airport, the fourth in Romania, placing two aircraft and operating flights towards 11 new destinations.The number of routes operated by Blue Air, the largest ultra low-cost airline in Romania, will reach 13.According to the company representatives, the new base in Iasi will carry out 46 flights per ...

Commissioner Valean: Integrated approach for infrastructure needs, mobility and logistics in Bucharest, absolutely neccesary

Tuesday, April 19, 2022

  Bucharest needs to raise its comfort and prosperity level to match that of other European capitals, and on the transport side, an integrated approach of infrastructure, mobility and logistics needs is absolutely necessary, the European Commissioner for Transport, Adina Valean, declared on last Friday."Infrastructure, not only transport, in general, but looking towards matters tied to transportation, an integrated approach, of both ...

Maramures International Airport wants to finance construction of new passenger terminal through POIM

Tuesday, April 19, 2022

The Maramures International Airport has submitted, at the beginning of this month, a financing request (through POIM) for the construction of a new passenger terminal, the estimated value of the project being 138.12 million RON, the Minister of Transport, Sorin Grindenau, announced."An example of good practice at the Maramures County Council! Regardless of political color, it is important to support the projects that develop local communities! The Maramures ...

Tourism : Romania records largest decrease in incoming tourism in European Union

Tuesday, April 19, 2022

Romania has had in the last two years the largest decrease in incoming tourism in the European Union, being almost zero at the level of 2020, the president of the National Association of Tourism Agencies (ANAT), Dumitru Luca, said on Thursday."In Romania there are about 2,200 certified agencies, and about 300 are members of our association, but they are also the most representative, cumulating about 85 pct of the tourism agencies market. Out of all these ...

Healthcare: KeysFin Estimates: The Romanian Private Health Care Services, Record Level In 2021

Tuesday, April 19, 2022

The turnover of the Romanian private medical services market rose by 11% compared to 2019 and exceeded the 2011 level by 312%, reaching lei 15.4 billion in 2020, according to the latest KeyFin analysis.   For 2021 KeyFin analysts estimate lei 17 billion threshold to be exceeded, due to the testing process and the increased demand for private services, in the context of re-directing efforts of public hospitals to treating ...

Cars: Domestic sales of Dacia's Spring electric model hit 5,000 units

Tuesday, April 19, 2022

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Domestic sales of Dacia car manufacturer's Spring electric model reached 5,000 units, the carmaker announced in release."A Bucharester became the owner of the 5,000th Dacia Spring car sold on the Romanian market. The model painted in Lightning Silver was purchased through the Rabla Plus national fleet renewal program. Ever since its commercial release Dacia Spring has established itself as the undisputed leader on the Romanian electric vehicle market, ...

Trade of motor vehicles two months into 2022 grows by 11.7pct

Tuesday, April 19, 2022

Trade of motor vehicles and motorcycles in Romania increased in unadjusted terms by 11.7% in the first two months, y-o-y, in volume, while turnover in market services for the population were up 30.8% in volume in unadjusted terms, according to data published on Friday by the National Institute of Statistics (INS).The INS data also show that the total turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, unadjusted ...

Cars: New vehicle registrations in Romania advance 40.6pct in March 2022

Tuesday, April 12, 2022

 As many as 10,902 new vehicles were registered in Romania in March, up 40.6% from 7,753 registered in the same month in 2021, according to the Association of Manufacturers and Importers of Automobiles (APIA).After a significant development in the first two months, March 2022 witnessed a 34.9% increase in vehicle registrations y-o-y, after four months of decrease in late 2021.On the local market, the top 10 brand chart, plus commercial ...

Healthcar: UMF Iuliu Hatieganu, only medical university in Romania included in QS World University Rankings

Tuesday, April 12, 2022

Iuliu Hatieganu University of Medicine and Pharmacy (UMF) in Cluj-Napoca is the only higher education institution in medicine and pharmacy in Romania that is included in the QS World University Rankings by Subject 2022 ranking."Iuliu Hatieganu University of Medicine and Pharmacy in Cluj-Napoca has been named one of the best universities in the world, according to the new edition of the QS World University Rankings by Subject 2022. UMF Iuliu Hatieganu ranks ...

Trade: Tobacco products generated over 1 billion EUR positive contribution to Romania’s trade balance

Tuesday, April 12, 2022

According to the latest data published by the National Institute of Statistics, the total value of exported processed tobacco products, such as cigarettes and tobacco heating products consumables, was 1.34 billion EUR in 2021, representing almost half of the total exports in the food, beverages and tobacco category.   BAT Romania, the local tobacco market leader, exports about 60% of the volumes produced in Ploie?ti, where ...

Retail sales grew faster in Romania than in the EU in February

Tuesday, April 12, 2022

Since early 2020, EU Member States have been taking restrictive measures to slow down the spread of the COVID-19 pandemic. This didn’t stop in 2021, when ...

The brewing market remained stable în 2021, with -0.7% decrease, which means 16.6 million hl volume

Tuesday, April 12, 2022

In terms of packaging, the beer market is slowly but surely returning to pre-crisis trends, glass is rising and PET is declining. In Covid-19 context, Romanians preferred one use packaging: non-returnable glass, plastic or can The share of the HORECA sector in beer sales decreased to 8% in 2020, from 15% the previous ...

Real Estate: Retail developers maintain their focus on regional cities for new projects

Tuesday, April 12, 2022

In the first three months of 2022 almost 20,000 sq m were added to the modern stock, representing barely 12% from the total stock expected to be delivered by the end of the year More than three quarters of the pipeline will be delivered in regional cities, with Alba Iulia at the forefront +10 new brands have already announced or already ...

More than 72,000 dwellings were delivered in 2021 in Romania

Tuesday, April 12, 2022

72,522 units were delivered across Romania in 2021, a record level on the residential market since 1989, marking a 7% increase compared with 2020, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company based on county statistical data released by the National Institute of Statistics.   An annual average of approximately 60,100 new dwellings were delivered ...

Bucharest modern office stock reached 3.27 mln. sq m in the first quarter of 2022

Tuesday, April 12, 2022

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At the end of the first quarter of 2022, the Bucharest modern office stock reached 3.27 mln. sq m after the delivery of three new buildings with a combined gross leasable area (GLA) of 73,500 sq m.    From the total new supply, the Center-West sub-market claimed the largest share, respectively 43% with Sema Park II – Oslo & London office building developed by River Development. Together with Forte ...

Infrastructure : State aid: €1 million Romanian scheme to support airlines starting operations at Arad airport

Tuesday, April 12, 2022

The European Commission has approved a €1 million Romanian scheme to support airlines starting operations at Arad airport in the context of the coronavirus pandemic. The scheme was approved under the State aid Temporary ...

Tourism: Romania planning to promote customised tourism offers in Germany, with emphasis on spa and health segment

Tuesday, April 12, 2022

 At a meeting with German ambassador Peer Gebauer, Minister of Entrepreneurship and Tourism Constantin-Daniel Cadariu proposed the signing of a Memorandum of Understanding for bilateral tourism cooperation as a way of maximizing mutual tourist flows, the Tourism Ministry informs in a release.The April 5 meeting was also an occasion for the sides to highlight the importance of cooperation between the two states as well as opportunities to intensify and extend ...

Telecom.IT: About 6,1 million fixed internet connections were at the end of 2021, up by 7%

Tuesday, April 12, 2022

 About 6,1 million fixed internet connections were at the end of last year, up 7 per cent, according to preliminary data, and of these, 3,9 million were in the urban environment, the executive director of the national Authority for Communications Administration and Regulation (ANCOM), Cristin Popa, said on Tuesday. He said that 85% of fixed internet connections allow download speeds above 100 ...

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