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Infrastructure: Suceava: Additional flights to London, Rome, Milan and Bucharest from “Stefan cel Mare” Airport

Tuesday, March 20, 2018

Additional flights to London, Rome, Milan and Bucharest from “Stefan cel Mare” Airport will be introduced, said Gheorghe Flutur, the chairman of Suceava County Council at a press conference. “There will be flights to London every day. Flights to Rome will increase from two to three and to Milan from three to four flights a week and to 5 flights as of June 21, 2018. All these are valid as of March 25, ...

EC asks for clarifications about Bucharest-airport subway line

Tuesday, March 20, 2018

The European Commission (EC) has asked in a letter for clarifications about the planned subway line that is to link Bucharest to the Otopeni airport (Line 6), namely about the route chosen for this line and the cost, ...

Ryanair drops off the flights from Craiova airport

Tuesday, March 20, 2018

Ryanair, the largest low-cost carrier in Europe, has decided to reduce the flight operations in Romania during the winter schedule and renounces the routes from the provincial airports. Thus, after canceling the flights from Oradea airport and most of Timisoara routes, Ryanair will no ...

Telecom. IT : Romanians experienced higher average download speeds by over 4 pc in 2017

Tuesday, March 20, 2018

In the second half of 2017, Internet users in Romania experienced higher average download speeds, i.e. 115 Mbps for fixed internet and 20 Mbps for mobile Internet, according to the statistics on the fixed and mobile Internet service quality in Romania updated on Netograf.ro, a press release informs, romaniajournal.ro reads. In H2, the fixed internet download speeds were 5.5 percent higher nationwide, while mobile internet download speeds were higher by ...

Agriculture: Over 5,000 breeders and 188 suppliers registered in support program for Bazna and Mangalitza breeds

Tuesday, March 20, 2018

The support program for local pig breeds Mangalita and Bazna has attracted 5,094 breeders and 188 piglet suppliers, while processor demands have exceeded 5,000, according to data supplied by the Ministry of Agriculture and Rural development (MADR). Petre Daea, the minister or agriculture, said at a press conference, that the program would start in an area where piglets and breeders can be found. “Demand is very high. These ...

Cars: Romania, second largest car registration position in EU in first two months of 2018

Tuesday, March 20, 2018

Romania recorded the second largest increase of new car registrations in EU (33.6%), to 20,521 units, an advance 6 times higher than the EU one, of 5.8%, while Dacia car deliveries at EU level went up by 20.8%, to 79,203 units, conferring the Romanian brand a share of 3.3%. Over January-February 2017, 15,361 cars were registered in Romania. At EU level, mew car registrations went up by 5.8% to 2.37 million units, according to ...

In January 2018 , the turnover of the trade with motor vehicles decreased by 3.6%

Tuesday, March 20, 2018

Compared to the previous month, in January 2018 the turnover volume of the trade with motor vehicles and motorcycles decreased both as gross series by 21.5% and as adjusted series according to the number of working days and to seasonality by 3.6%. The turnover volume of the market services provided to the population decreased compared to the previous month both as gross series by 14.0% and as adjusted series according to the number of working days and to ...

Real Estate: The average price requested for apartments went up at national level,in February with 2.1%

Tuesday, March 20, 2018


The average price requested for new and old apartments  for sale at national level in February increased up to a value of 1,197 euro/sqm being with 2.1% higher than the one valid at the end of the previous month, 1,172 euro/sqm, shows an analysis  made by a real estate site.The capital  had by far the highest increase of the prices  last month, a plus of 2.8% from 1,267 to 1,302 euro/sqm. The upwards  trend was felt by moth segments on the ...

Barbu Vacarescu – Pipera, the Bucharest area where EUR 1 bn investments are planned…

Tuesday, March 20, 2018

Barbu Vacarescu – Pipera area has reached its potential and developers focused on other locations in Bucharest, romaniajournal.ro reads. According to an Bucharest Real Estate Club (BREC) analysis, the district is now entering a new development phase, transforming in a North Metropolitan hub of Capital. Specialists estimate that ”investments of more than EUR 1 billion in office, retail, residential & hotel schemes, together with a public ...

Dunwell, the first agency in Romania in industrial real estate, is launching

Tuesday, March 20, 2018

Here is Dunwell, the first agency in Romania that specializes in industrial real estate and land brokerage, romaniajournal.ro reports. According to Dunwell officials, agency’s goal for the first year is to achieve a market share of 10 percent. Marian Orzu, one of the most experienced in the industrial and logistics segment, is now part of Dunwell executive board as Managing Partner, alongside Daniel Cautis and Laurentiu Badea as ...

Healthcare: HealthMin Pintea: We need reform in the healthcare system; there are grants available to harmonize laws

Tuesday, March 13, 2018

Minister of Health Sorina Pintea on Monday told a press conference that there is need of reform in the field and she said she received a support message in this respect from the representatives of the World Health Organization (WHO)."We need reform in the healthcare system. I received today a message from the representatives of the WHO saying they are going to support this project," she said.Pintea specified that the Ministry's request for European ...

Agriculture: AFIR concludes over 2,100 funding contracts for investments in apiculture worth 47.86 million euro

Tuesday, March 13, 2018

The Agency for Rural Investment Funding (AFIR) concluded over 2,100 funding contracts related to investments in apiculture, under the 2014-2020 National Programme of Rural Development (PNDR 2020), the institution informed on Thursday.The overall value of the funding contracts is 47.86 million euros. So far, the AFIR paid 35.5 million euro to beneficiaries of apiculture projects."Although there is a thematic Programme for this sector, the Apiculture ...

The quantity of cow’s milk collected by processing units in January 2018 up 12.4% from January 2017

Tuesday, March 13, 2018

- The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in January 2018 increased by 4.4% compared to December 2017 and was up 12.4% from January 2017. Romania imported a quantity of 17,083 tonnes of raw milk in January 2018, up by 17.2% from January 2017 and by 10.5% more than in December, according to the data released on Monday by the National Institute of Statistics ...

Trade: Food service market in Romania exceeded RON 7.2 bn in 2017

Tuesday, March 13, 2018


More than two-thirds (67 percent) of the Romanian food service market value was owned by Bucharest in 2017 with RON 4.89 billion, and almost half (46 percent) of the total market is represented by the standard restaurants, table bases segment, Hospitality Culture Research shows uoted by romaniajournal.ro. According to the survey, the total annual value of food service market in five of the largest cities in Romania amounted to RON 7.24 ...

Survey: Over 80% of Romanians go shopping at hypermarkets

Tuesday, March 13, 2018

Over eight in ten Romanians go shopping at the hypermarket and most of them take into consideration the price when deciding what products to buy, according to an online survey carried out by a local consultancy firm, romania-insider.com informs. Some 63% of the respondents said they buy local as well as international products. Food dominates the shopping chart, especially dairy products, vegetables and ...

Romania’s durable consumer goods market reaches record level in 2017

Tuesday, March 13, 2018

Romania’s durable goods market recorded a 14.4% increase in 2017 versus 2016, reaching EUR 2.98 billion, according to the GfK Temax study. This is the highest level ever recorded on the local durable goods market, surpassing the previous record set in 2008, before the economic crisis. The telecom segment was the market’s main growth engine last year, with a 29.5% increase in sales, to EUR 1.16 billion, as Romanians ...

Eurostat: Romanian consumer market hits record EUR 114 billion in 2017, due to wage increases

Tuesday, March 13, 2018

Romanian consumer market increased with more than EUR 10 billion in 2017, to EUR 114.5 billion, due mainly to higher wages paid by employers, Eurostat data show, business-review.eu informs. The “final consumption expenditure of households” index, a measure of consumer market, rose from EUR 96.5 billion in 2015 to EUR 104 billion in 2016 and to EUR 114.5 billion in 2017, according to Eurostat statistical ...

Romania’s retail market makes quantum leap

Tuesday, March 13, 2018

Few imagined in 1998, when they walked to the corner store, that in 20 years’ time they would be able to flit between shops in a matter of seconds, without even leaving the couch, business-review.eu reads. Or that the product of their choice could one day be just a click away, delivered straight to their door. And even fewer, perhaps, can picture today the impact that Augmented Reality (AR), Virtual Reality (VR) and Artificial Intelligence (AI) will have on the retail ...

Cars: Cars registration down in February by close to 37 pct, to 49,000 units

Tuesday, March 13, 2018

Cars registrations in Romania down year-on-year in February by 36.89 percent up to 48,617 units, according to the data published last Friday by the Direction of Driving Licenses and Cars Registration (DRPCIV), business-review.eu informs. The data published include the cumulated registrations on new cars and second-hand cars and the details related to the share of new cars in the overall registrations. Thus, the new cars ...

Infrastructure : European funding worth over 272 million euro for Sebes-Turda motorway construction

Tuesday, March 13, 2018

Over 272 million euro from the European Regional Development Fund (ERDF) are being invested in the construction of a motorway between Sebes and Turda towns, near Cluj, Romania, within the Trans-European Transport Network (TEN-T), reads a press release published on Tuesday by the European Commission."The Romanians who live in this region will enjoy safer, more comfortable traveling conditions. This motorway will also support the development of the regional economy, ...

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