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Cars: Domestic car re-registration market up 41 pct in H1

Tuesday, July 27, 2021

 Domestic trading in second hand cars (re-registrations) increased 41 percent in the first six months of the year compared to 2020, to 335,000 units, while the new car market shrank 4 percent in the same period, shows a survey published on Wednesday by online car platform Autovit.ro.According to the cited source, the number of re-registrations between January - June 2021 was by 100,000 higher YoY.March was the best month ever for the second ...

Trade: Romania has imported sugars and sugary products for over 83 million euro, in Q1

Tuesday, July 27, 2021

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Romania has imported sugars and sugary products for 83.2 million euro, in Q1 this year, up by over 20% against the same period of last year, according to the commercial balance sheet with food produce, consulted by Agerpres.The value of sugars and sugary products imports was 68.92 million ...

Coffee, tea and spice imports down by nearly 9 pct in Q1

Tuesday, July 27, 2021

The value of coffee, tea (including mate) and spice imports has dropped by nearly 9 pct in the first three months of 2021, compared to the similar period of 2020, down to 57.36 million euro, according to the commercial balance with food products, consulted by Agerpres.Last year, in the first ...

Real Estate: The Private Rental Sector : Romania has the highest overcrowding rate in the EU

Tuesday, July 20, 2021

The Private Rental Sector (PRS) sector is expected to grow in the CEE region, as construction costs and inflation are rising and overcrowding rates are higher compared to the rest of the European Union (EU), reveals Colliers in its latest ...

Impact Developer & Contractor acquires 2.6 ha land  in  Iasi Copou Hill area

Tuesday, July 20, 2021

 Impact Developer & Contractor, the first real estate developer in Romania listed on the Bucharest Stock Exchange (since 1996), with RON 842,6 million current market capitalization, announces the acquisition, through the Greenfield Copou residence subsidiary, of 2.6 ha land located on the Copou Hill, one of the most popular residential areas in Iasi and ...

Cars: Roughly 30k vehicles registered in first half of July, of which 6,755 new cars

Tuesday, July 20, 2021

Roughly 30,000 vehicles were registered in Romania in the first half of July, of which 20,461 units in the "used" category, according to the recently published data of the Driving Permits and Vehicle Registration Regime Directorate (DRPCIV).According to the official statistics, in the analyzed interval, out of the total of the 9,291 new vehicles registered, 6,755 are cars.Most new cars registered, in the first half of July, depending on the ...

ACEA:Passenger car registrations: +25.2% first half of 2021; +10.4% in June

Tuesday, July 20, 2021

*In June 2021, passenger car registrations in the European Union increased again (+10.4%) compared to the same month last year, albeit at a more modest rate than in previous months, European Automobile Manufacturers’ Association (ACEA)informs.   In June 2021, passenger car registrations in the European Union increased again (+10.4%) compared to the ...

Turnover in car and motorcycle trade up 40.9 pct in first five months of 2021

Tuesday, July 20, 2021

The volume of turnover in car and motorcycle trade increased by 40.9%, as an unadjusted series, in the first five months compared to the similar period of the previous year, and so did the volume of turnover in market services provided to the population which went up by 27.6%, as unadjusted series, according to data released on Thursday by the National Institute of Statistics (INS).Thus, in the period January 1 - May 31, 2021 compared to the similar period ...

Automobile market in Romania records slight boost in 2021, with higher sales every month

Tuesday, July 20, 2021

The automobile market in Romania records slight boost in 2021, with higher sales every month, while in Europe it seems to recover in the second part of the year, according to Autofacts report made by PwC and Strategy, the Global Strategy department of PwC.   In the first quarter of the year, European car sales dropped by 25.5% compared to the pre pandemic period (2019). Despite the general drop of the ...

Trade : Survey: Romanian women allocate up to 500 lei monthly for cosmetic products and routine personal care

Tuesday, July 20, 2021

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Over three quarters of Romanians allocate between 100 and 500 lei per month to purchase cosmetics or for routine personal care, according to a survey made by Esteto.ro , an online store for women, according to which quality is the main argument taken into account when buying cosmetic or personal care products.   The survey, made at the end of May, on a sample of 4,995 respondents, of whom 98% women, ...

Tourism : Survey: Approximately 42% of Romanians choose their holiday destination based on anti-COVID restrictions

Tuesday, July 20, 2021

 The pandemic continues to influence the holiday plans of the Romanian people, so that 42% choose their destination based on anti-COVID restrictions, and another 30% got vaccinated especially in order to travel, according to a survey done by the Bestjobs recruitment platform."Last year, the Romanians' holiday plans were strongly influenced by the anti-COVID protection measures. Thus, 39% of them decided to remain home, including during their period of annual ...

Agriculture: Analysis: Businesses in agriculture and food industry may reach 20 billion euros in next two years

Tuesday, July 20, 2021

Romanian agriculture is still blocked in the 20th century when it comes to automation and marketing of farm produce, but businesses in agriculture and food industry may reach 20 billion euros in the next two years, according to a analysis by Frames & Factory 4.0.   According to the analysis, the over 160,000 companies in this sector could exceed a business figure of 100 billion lei in the next two ...

Romania could become again the largest European corn producer in 2021

Tuesday, July 20, 2021

This farming year Romania could rank first among European producers of sunflower and corn. For soy it could surpass France to reach second position. According to a top made by the National Statistics Institute, Romania was last year the largest sunflower producer with 24.8% of EU production, the second corn producer with 16% of production and the third soy producer with 11.7% of production.   For 2021, ...

Health: UNSAR-IRES Barometer: Two out of three Romanians will pay more for access to better medical services

Tuesday, July 20, 2021

Romanians want more rapid access and better quality of medical services, according to the latest edition of UNSAR-IRES Barometer on Risk perception and insurance culture in Romania (2021).   Over 70% of respondents would allocate additional amounts of money to benefit from services of medical recovery, surgical interventions, hospitalization or lab tests, while 56%- 65% for specialized outpatient ...

Real Estate: ANCPI: 54,781 properties traded nationwide in June, by 7,000 more than in May

Tuesday, July 13, 2021

A number of 54,781 properties have been traded in June, nationwide, by 7,008 more than in May, according to a press release sent by the National Authority for Cadastre and Land Registration (ANCPI).The number of houses, land and apartments covered by sale-purchase contracts in June is by 7,963 higher than the similar period of 2020.Most real estate sales were registered last month in Bucharest - 9,181, Brasov - 3,230 and Ilfov - 3,002. The ...

The largest real estate investors that are active on the local market

Tuesday, July 13, 2021

Over 8 billion EUR is the cumulated value of the portfolios managed by the largest real estate investors that are active on the local market (NEPI, Globalworth, AFI Europe, Iulius Group & Atterbury, CTP, Immofinanz, WDP).   Globalworth: “We will continue monitoring the market for attractive investment opportunities in the office segment ...

Agriculture: Romania's raw milk imports at 135,640 tons in 2020, up 20 pct from previous year

Tuesday, July 13, 2021

Romania imported last year 135,640 tons of raw milk, by 20 percent (22,615 tons) more compared to 2019, shows data released on Wednesday by the National Institute of Statistics (INS).The amount of raw milk collected by processing units of agricultural hIn 2019, among the EU Member States with available data, Denmark recorded the highest availability of computer tomography (CT) scanners in hospitals relative to the number of inhabitants (with 4.0 CT scanners ...

Infrastructure: State aid: Commission approves €1.15 million Romanian scheme to support airlines in the context of the coronavirus outbreak

Tuesday, July 13, 2021

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  The European Commission has approved a €1.15 million Romanian scheme to support airlines affected by the coronavirus outbreak resuming or starting regular flights from/to Târgu Mure? Transilvania Airport. The scheme was approved under the State ...

Oradea Airport to have a cargo terminal by 2023

Tuesday, July 13, 2021

A cargo terminal is to become operational at the Oradea Airport in northwest Romania in about two years. According to Ilie Bolojan, the president of Bihor County Council, the new terminal will be built on a 14-hectare plot of land located between the airport and Industrial Park II.   “Companies around Oradea use for the products they make electronic components brought by air from Asia or ...

Lufthansa links Romania's Iasi to Frankfurt four times a week

Tuesday, July 13, 2021

German airline Lufthansa started operating direct flights between Iasi, in eastern Romania, and Frankfurt beginning Friday, July 2, four times a ...

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