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Telecom.IT : The government plans to launch 5G auction in autumn

Tuesday, May 14, 2019

The Romanian government plans to launch the auction for 5G licenses in autumn, despite higher taxes impose this year to telecom operators, according to telecom regulator (ANCOM) president Sorin Grindeanu. “All this, combined, 5G with the Internet of Things, will lead to a new industrial revolution. Implementing 5G on all market studies will lead to the creation of around 250,000 jobs. We are talking about intelligent industries that will ...

Real Estate: Flats got cheaper last month on lower demand for new dwellings

Tuesday, May 14, 2019

Romanian apartments got cheaper in April, according to a study conducted by Imobiliare.ro. After March, when prices grew slightly, in April claims from apartment sellers declined nationwide. According ...

6,500 residential units in development in north Bucharest

Tuesday, May 14, 2019

Over 6,500 residential units are under development in the northern part of Bucharest and are due to be delivered on the market in 2019-2020, according to a study released by real estate consultant SVN Romania. The majority of this dwellings – approximately 60 percent – are in the Aviatiei-Pipera area, where there are also the most office buildings in Bucharest. Approximately 2,400 new units are due to be delivered in 2019, while another ...

Colosseum Mall signs new tenants

Tuesday, May 14, 2019

Colosseum Centre, located in the north-western part of Bucharest, district 1, has attracted new fashion, leisure and food court tenants, as part of the extension plan of the commercial centre. As the construction work progresses, many tenants are interested to join Colosseum Mall. This trend is sustained by the strong performance of the existing Colosseum Centre which has given brands a great opportunity to develop their businesses in district 1, ...

Cars: New passenger vehicle registrations down 1.1 pct in Q1

Tuesday, May 14, 2019

The new registrations of road vehicles for passenger transport decreased by 1.1% in the first quarter of 2019 compared to the first quarter of 2018. In the same period, the new registrations of vehicles for goods transport fell by 0.2% compared to the first quarter of the previous year. New registrations of passenger vehicles were 1.1 percent down to 149,498 units in Q1 ...

Healthcare: Report: The pharma market in Romania increased by over 13% last year

Tuesday, May 14, 2019

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The pharma market in Romania, including drugs with and without prescription registered in 2018 an increase of 13.4% against last year, reaching the level of 3.374 billion euro, according to the data supplied by the company for market research IMS and quoted by Zentiva, one of the main local producer of drugs. According to it, Zentiva had in 2018 an average producer price of 7.84 lei with 4% up against the average of 7.52 lei in ...

Pharmaceutical sales rose by 23 pct in Q1 2019 

Tuesday, May 14, 2019

The value of medicines dispensed to patients in Romania rose by 22.8 percent year-on-year in the first quarter of this year up to RON 4.64 billion (EUR 980.6 million), while Merck replaced AbbVie as market leader, according to report released by Cegedim. Drugs related to cost-volume increased by 37 percent and those for cost-volume-result contracts increased by 184.8 percent. The rest of retail Rx (prescription-based medicines) ...

Infrastructure: About a third of roads in Romania are stone or dirt roads

Tuesday, May 14, 2019

According to data supplied by INS, at the end of 2017 Romania had 30,125 km of stone and dirt roads, representing 35% of the whole public road network at national level. At the end of 2018, public roads represented 86,234 km, of which 17,740 km (20.6%) were national roads, 35,085 km (40.7%) county roads and 33,409 km (38.7%) communal roads. 38.4% of modernized roads and 46.6% of roads with light road covering had overdue service ...

Otopeni airport ranks among top 5 worst airports in the world

Tuesday, May 14, 2019

Bucharest’s Henri Coanda International Airport, the biggest Romanian airport, ranks among the top 5 worst airports in the world, with a score of 6.03 out of 10, according to AirHelp.com's latest report. The platform ranked 132 major airports around the world, and the main airport in Bucharest ranked 129th. ...

Agriculture: Over 70% of Romanians would not work in agriculture, but 64% consider that the role of agriculture is an essential or important

Tuesday, May 14, 2019

Even if they believe that agriculture is a major economic sector, more than 70 percent of Romanians say they didn’t want work in this domain, according to a World Vision Romania poll. Also, one-third of Romanians consider that ...

Tourism: Most tourists coming to Romania in Q1 came from Moldova, Bulgaria and Hungary

Tuesday, May 14, 2019

Tourists from Moldova, Bulgaria and Hungary held the biggest share of visits to Romania in quarter 1, 2019, compared to the same period of 2018. At the opposite pole we find visitors from Saudi Arabia, Kuwait and Palestine, according to data released by the National Statistics Institute. According to the country of origin of foreign visitors in Romania, Moldova ranks first for the number of visitors (19.99%), followed by Bulgaria (17.28%), Hungary ...

În Romania, only 3 beaches receveid “Blue Flag” certifications on the Black Sea shores

Tuesday, May 14, 2019

The free travel metasearch site momondo.ro has selected 9 of the tidiest beaches located on the Black Sea shores. The “Blue Flag” certifications are issued by the Foundation for Environmental Education (FEE) to public or private beaches that fulfill the criteria regarding water quality, ...

Trade: Romanian market of long term use goods marked 2% drop in Q1

Tuesday, May 14, 2019

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The Romanian market of long term use goods, with a value of 700 million euro, marked a drop of 2% in quarter 1, 2019, compared to Q1, 2018, according to GfK Temax results for Romania. According to the study, the telecommunication sector dropped by 4.5% to 301 million euro, while electronic appliances, with an importance of 15% of total value, had a decline of 1% to 106 million euro. Sales of large household appliances (18% of ...

Romanians want more mart electronic equipment and household appliances

Tuesday, May 14, 2019

Romanians want to buy more smart electronic equipment and household appliances and sales might grow by 50% this year, following the advance recorded last year, evoMAG retailer announced on Wednesday. Self cleaning vacuum cleaners, cooking stoves, washing machines and air conditioners which can be controlled by smart phones, intelligent light bulbs and sockets are just some of the mart electronic products and household appliances in ...

Coface: Romania, second EU country for share of imported retail products

Tuesday, May 14, 2019

The first two months of the ongoing year started with a record import value of 65.2 billion lei, on the rise by 12% compared to the same period of 2018, fed by a trade deficit of 11.3 billion lei, 50% more than in 2018, and the highest level in the last decade, according to a Coface Romania study. “About 53% of imports concentrate on retail and trade products, most of them for household consumption. So, Romania is the second EU country from this ...

Healthcare: Cardiovascular diseases continue to be the main health problem in Romania

Tuesday, May 7, 2019

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Cardiovascular diseases continue to be the main health problem in Romania, that is the alarm signal sounded by the Ministry of Health on the occasion of the National Heart Day.In this context, the Ministry of Health announces a series of projects that are planned this year to support people suffering from this disease.In the summer of this year, the Ministry of Health will launch the call for a screening program to identify patients with cardiovascular ...

Infrastructure : Passenger traffic reaches 3 million on Bucharest airports in Q1

Tuesday, May 7, 2019

Passenger traffic reached 2.99 million on the Bucharest airports in the first three months of the year and 32,098 aircraft movements (landings and take-offs), according to a press release of the National Company Bucharest Airports (CNAB). "The National Company Bucharest Airports recorded 2.99 million passengers and 32,098 aircraft movements (landings and take-offs) in the first quarter of 2019 on the Henri Coanda International Airport in Bucharest and the ...

Cars: New car market, up 25pct in Q1 in Romania, 52,000 average in used car transactions

Tuesday, May 7, 2019

Used car transactions in Romania (re-registrations) had the best first quarter of the last 10 years, with an average of nearly 52,000 cars sold monthly, while the market for new cars increased by 25 percent in the first quarter as compared to the same period in 2018, reveals a specialized analysis drawn up by the representatives of an online car sales platform.According to data, based on the statistics of the Driving License and Vehicle Registration Directorate ...

Tourism : Arrivals in Romania's tourist accommodation establishments, up 5.8 pct in Q1 2019

Tuesday, May 7, 2019

Arrivals in Romania's tourist accommodation establishments in the first quarter of 2019 were up 5.8 percent as compared to the same period of the previous year, reaching almost 2.32 million, with only 19.2 percent foreign tourists, shows data released on Monday by the National Institute of Statistics (INS).According to the cited source, between 1 January and 31 March 2019 the average length of stay was 1.9 days for Romanian tourists and two days for foreign ...

Trade : Romania's fruit imports worth rd EUR 60.9 million in January 2019

Tuesday, May 7, 2019

Romania imported in January 2019 eatable fruit worth EUR 60.9 million, down 7.3pct against the similar month of 2018, according to the official data released by the National Institute of Statistics (INS).In the same month exports saw EUR 2.6 million (minus 17.2pct vs January 2018), thus resulting a EUR 58.3 million deficit on this segment.Imports from the EU countries totalled EUR 48.4 million, with Greece leading the rankings (EUR 12.4 million). Most ...

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