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Telecom. IT : Study: Romania leads in top of countries with highest number of cybersecurity incidents

Tuesday, December 11, 2018


Romania is leader in the top of jurisdictions recording the highest number of cybersecurity incidents with 14 attacks, followed by the Czech republic (11) and Hungary (8), according to the study “The Cybersecurity Challenge in Central and Eastern Europe,” published by CMS and Legal Week Intelligence. Despite the fact that over 100 separate cyber incidents last year, affecting 18 Central and East European countries, less than a quarter of ...

A Romanian used monthly on average 28 GB of internet in Q1

Tuesday, December 11, 2018

The National Authority for Administration and Regulation in Communications (ANCOM) announced on Wednesday that on average a Romanian used monthly 26 GB through cable internet and 2.3 GB through mobile internet in Q1 of this year. ‘In Q1 of this year the average monthly traffic per inhabitant increased with 15% in the case of cable internet but the mobile internet registered a spectacular growth of 49% per inhabitant’ the press release ...

Trade: Goodbye, unjustified geoblocking in EU online trade!

Tuesday, December 11, 2018

Geo-blocking and other geographically-based restrictions undermine online shopping and cross-border sales. Regulation 2018/302 of 28 February 2018 will set an end to unjustified geoblocking. The Regulation started applying as of 3 December ...

Agriculture: Romania's 2018 crops: Cereals at 30-plus ml tonnes, corn and sunflower output at EU top

Tuesday, December 4, 2018


Romania's cereal crop this year was of over 30 million tonnes, as to 27 million tonnes last year, with corn and sunflower outputs topping EU charts, Minister of Agriculture and Rural Development Petre Daea said on Monday."This year's cereal crop exceeds 30 million tonnes. At sunflower we have more than 3.35 million tonnes, placing us on the top position in the EU, with the largest production ever. We still have to harvest 0.5 percent of the surface under corn in ...

Gov't approves establishment of "Unirea" Agri-Food Trade Office

Tuesday, December 4, 2018

The government approved on Thursday the establishment of the Romanian Agri-Food Trade Office "Unirea", a trading company tasked with creating a national mechanism to ensure the purchase, sorting, primary processing, standardization and distribution to domestic or export trade networks of agri-food products, the Ministry of Agriculture and Rural Development (MADR) announced in a release.The new entity is designed to make a pro-active contribution to the ...

Real Estate: Survey: Prices of dwellings will stagnate in 2019

Tuesday, December 4, 2018

The prices of dwellings will stagnate next year, nationwide, in the context that the funds for the ‘first house’ programme will decrease by 25%, whereas the ROBOR Index level will not exceed 3.5%, a survey conducted by RE/MAX Romania, in partnership with imobiliare.ro reveals on Monday. The respondents to the survey on the real estate market in 2019 bring both positive and negative estimates. The analysts anticipate ...

Eurostat: Romanians spend less than most other Europeans on housing

Tuesday, December 4, 2018

Romanians spent last year 22.5 percent of their total consumption expenditure on housing, water, electricity, gas and other fuels, a share significantly lower than those seen in most western European countries, Eurostat data show. In 2017, households in the EU spent over EUR 2,000 billion – equivalent to 13.1 percent of EU’s GDP, on “housing, water, electricity, gas and other fuels”. This represents 24.2 ...

Healthcare: Eurostat: Romania, last in the EU in terms of healthcare spending

Tuesday, December 4, 2018

Romania ranks last in the European Union in 2016 in terms of earmark of the GDP for healthcare (5 percent), while France (11.5 percent), Germany (11.1 percent) and Sweden stand at the opposite pole, the data published on Thursday by Eurostat revealed.By comparison, Bulgaria allocated a share of 8.23 percent of the GDP for healthcare, the Czech Republic 7.14 of the GDP, Hungary - 7.36 percent of the GDP and Poland - 6.52 percent of the GDP.Romania ranks ...

Trade: GfK TEMAX : Romanian durable goods market, up 14pct to 814 mln euro in Q3

Tuesday, December 4, 2018


The Romanian durable goods market rose by 14pct in the third quarter of 2018 compared to the same period of last year, having reached 814 million euro, the growth engines being the telecom sector, which posted a 19pct rise and office equipment, by 17pct, according to GfK TEMAX findings for Romania in Q3 2018.On the other hand, the photo sector continues its downward trend, losing 10pct of its value from July-September 2017.Analyzing the relevant market's ...

Study: Trade supports over 36 million jobs across the EU

Tuesday, December 4, 2018

Two new studies published last Tuesday by the European Commission highlight the increasing importance of EU exports for job opportunities in Europe and beyond. EU exports to the world are more important than ever, supporting 36 million jobs across Europe, two thirds more than in 2000. 14 million of these jobs are held by women. In addition, EU exports to the world generate €2.3 trillion of value added in the EU. Since the ...

Eurostat: Romanians rank last in online purchases at EU level, in 2017

Tuesday, December 4, 2018

Only 23 per cent of the Internet users in Romania made online purchases in 2017, compared with an average of 68 per cent in the European Union, shows the data released on Monday by the Eurostat.The champions of online acquisitions are the Internet users from the UK (86 per cent), Sweden (84 per cent), Denmark, Germany, Luxembourg and the Netherlands (each 82 per cent). The lowest levels when it comes to online purchases were recorded in Romania (23 per cent), ...

Cars: Eurostat: Almost one in three Romanians cannot afford a car

Tuesday, December 4, 2018


In 2017, 7.0% of the EU population could not afford a car. More than 1 in 5 people could not afford a car in Romania (29.8%), Bulgaria (20.6%) and Hungary (20.1%). At the opposite end of the scale, the lowest percentage of people unable to afford a car were in Cyprus and Malta (both 1.7% of total population), followed by Luxembourg (2.2%), Italy and France (both 2.7%), Eurostat informed on Sunday. In regard to Romania, the trend is however downwards ...

Tourism : ibis signs management contract for ibis Politehnica Hotel with Novum Business Services

Tuesday, December 4, 2018

Orbis Hotel Group, strategic partner of AccorHotels in Eastern Europe, has signed a management contract for ibis Politehnica Hotel in Bucharest, scheduled to open in Q3 2020, with its partner and investor Novum Business Services, http://business-review.eu reports. “ibis is the world-leading economy brand that perfectly fits this location because it’s close – on the ...

Infrastructure: Control corps of transport minister: possible prejudice of over 19 million lei at CFR Marfa

Tuesday, November 27, 2018

The Control corps of the transport minister discovered a possible prejudice of over 19 million lei at CFR Marfa following a tender for coal transport. Competent bodies will evaluate whether there was a prejudice for CFR Marfa. The company participated in a tender organised by Oltenia Energy Complex for coal transport. The tender commission presented a single offer although it could make several offers in the interest of the ...

Over 188 million lei, additional costs for Metrorex, for Metro Line 5

Tuesday, November 27, 2018

The Control Body of Transport Minister Lucian Sova found, upon a control conducted August 22-31, 2018, that there are deficiencies in the implementation of the Metro 5 line, that led to delays in carrying out the contract, but also additional costs for Metrorex of over 188 million lei, according to a press release sent by the Ministry of Transport. The Control Body carried out checks at Metrorex aimed at the compliance with the legal and ...

Tarom to introduce flights from Oradea to Milan and Barcelona next spring

Tuesday, November 27, 2018


Starting in March 2019, Tarom will operate flights from Oradea to Milan (Bergamo) and Barcelona (El Prat) and return routes. The company will start selling tickets for both routes on December 15, 2018. The main reason why flight operations can only start in March next year is the length of the procedure to obtain slots for the two new routes. ”We are marking the ...

Telecom.IT: PwC: Romania last in EU for digitalization

Tuesday, November 27, 2018


Romania ranks last in EU for the digitalization of economy and society, said Dorian Farkas, senior manager financial consulting at PwC Romania, at a specialised conference on Wednesday. He presented results of three stages carried out on this topic at world level, Romania ranking last in EU for each of them. “All these studies take into account the human factor and the way in which countries use and adopt digital ...

Eurostat: Romanians rank last in the EU on smart TV use

Tuesday, November 27, 2018

Romania registers the lowest use of smart TVs among the 28 European Union member states for watching internet streamed TV or other video content, Eurostat data show. In 2016, only 3 percent of Romanians streamed TV or other video content on a smart TV. Other nations that register a low use of smart TVs are Greece (3 percent), Poland, Italy and Bulgaria (all 4 percent). “Streaming TV or watching other video content (on ...

Trade: Sales on Black Friday up by 30% this year as against 2017

Tuesday, November 27, 2018

Black Friday shopping event this year has reported a 30 percent increase as against 2017, the Online Stores Association informed, quoted by romaniajournal.ro. Over 5,000 online shops had Black Friday discounts. Most of the sales have been registered on home products, small household appliances, personal care and fashion items, TVs, phones, tyre tracks, toys. Over 70% of the shoppers have chosen for delivery by courier, while 30% ...

Real estate: 53,000 housing units sold in October, 10,000 more than in September

Tuesday, November 27, 2018


52,838 houses and apartments were sold at national level in October, 10,316 more than in September and 9,025 less than in the same period of 2017, according to data of the National Agency for Cadastre and Real Estate Advertising. (ANCPI). Most sale-purchase operations were recorded in October in Bucharest - 8,453, Ilfov county - 4,060 and Timis county - 3,119. Counties with fewer real estate sales were Gorj- 395, Alba - 334 and ...

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