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Infrastructure : PM Dancila announces creation of Infrastructure Department, unforgiving measures against those who delay works

Tuesday, July 2, 2019

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  Premier Viorica Dancila announced that an Infrastructure Department acting under her coordination will be established for 10 major projects, and that she will be "unforgiving" with those who delay works or default on their duties."As expectations in infrastructure are high and have been building up for 30 years now, whether we speak about hospitals or about motorways, I will set up this week an Infrastructure ...

Cars: As many as 2,285 eco-friendly cars of which over 1,800 hybrid purchased January through May

Tuesday, July 2, 2019

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The number of the green cars traded in Romania January through May parked at 2,285 units, up by 69pct against the same period of 2018, the statistics of the Car Producers and Importers Association (APIA) informs.The eco-friendly cars weight in total sales nationwide was 3.4pct versus 2.3pct in same interval of 2018.Out of the total eco-cars sold January through May, 1,814 units were hybrid, up by 71pct vs same period of 2018, 379 units were 100% ...

Car market grows 11.6pct January through May 2019

Tuesday, July 2, 2019

The auto market continued its upward trend in May this year, reaching 11.6pct in the first five months, compared to the same period in 2018, according to a press release issued by the Association of Car Producers and Importers (APIA).In Romania, sales are mainly backed by legal entities, which cover 58pct of total purchases of cars made in the first five months of 2019.At the same time, the number of cars purchased by individuals in these first five ...

Tourism : Romanians make the lowest share of trips outside their country among all EU residents

Tuesday, July 2, 2019

Romanians are the EU citizens who make the highest share of domestic trips, with 94 percent of their travels in 2017 having taken place within their country and only 6 percent taking them abroad, Eurostat data show. Second in the ranking by the share of domestic trips were Spanish citizens (91 percent), followed by the Portuguese (89 percent). ”The highest shares of trips of EU residents within their country (domestic trips) were observed in ...

Telecom. IT: Vodafone :5G ready and Red Infinity 25 are the first 5G ready subscriptions

Tuesday, July 2, 2019

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Vodafone Romania extends the 5G coverage in Cluj-Napoca and Mamaia and launches the ...

Agricuture: The Romanian National Irrigation Program has to rehabilitate a total area of ??2 million hectares

Tuesday, July 2, 2019

A decade after the Revolution of December 1989, Romania had managed to destroy almost all of its irrigation system, but in the last 10 years the country has tried to rebuild it with the help of funds from the European Union. The problem is that the damage is already done, and in order to repair it, millions of euros are needed just to restore the irrigation system, and tens of millions to maintain it. However, the European funds for this year have been ...

Trade: IKEA Pallady Bucharest, the largest IKEA store in South East Europe

Tuesday, July 2, 2019

On inauguration day, the biggest IKEA store from southeast Europe, IKEA Pallady Bucharest, recorded sales of RON 1.16 million, with an average shopping cart value of RON 181. The store had almost 20,000 visitors on the first day. The best sold small-sized product was a bath towel called Lejaren, with 3,119 units. In the furniture segment, a small table, Lack, was sold in 129 pieces. IKEA Pallady has ...

Healthcare: Study: For slight affections one out of two Romanians directly asks pharmacists for necessary medicines

Tuesday, June 25, 2019

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One out of two Romanians directly ask pharmacists for the needed medicines in case of slight affections, without asking for recommendations. Only one out of 18 Romanians see a physician to obtain a prescription, according to a study made by the marketing research company 4Srvice Group Romania. Physicians and pharmacists are those who are listened to by Romanians when it comes to choosing a certain brand of medicines, being mentioned by 83.6% of ...

Access to health services in countryside, below 50pct compared to before 1989

Tuesday, June 25, 2019

Dr. Adrian Streinu-Cercel, manager of the Matei Bals Institute in Bucharest, said on Friday that access to health services in the countryside fell below 50pct compared to the period before 1989, which is dramatic, he says."We are talking about children here, we are talking about vaccination, we are talking about many other things that are mostly social care problems," the doctor said.Attending the conference "Faith and Health in the Romanian Village", ...

Telecom.IT : Romania to launch 5G auction in Q4

Tuesday, June 25, 2019

Romania intends to launch the 5G auction in the fourth quarter of this year, Romanian Communications minister, Alexandru Petrescu, has announced as quoted by Bloomberg. The ...

Romania can pioneer blockchain area but it needs relevant legislation

Tuesday, June 25, 2019

Romania can pioneer the blockchain area, but for this we need legislation to help both local entrepreneurs but also to attract entrepreneurs from other European states, Minister of Communications and Information Society Alexandru Petrescu said on Friday at the Palace Parliament at the "Romania Blockchain Summit", organized 20 - 21 June."At the ministry level, there are discussions on advanced technologies - supercomputing, blockchain, in the last four to five ...

Infrastructure : Passenger air transport, up 6.6pct on Romanian airports, in Q1

Tuesday, June 25, 2019

The passenger air transport registered at the airports in Romania increased by 6.6 percent in the first quarter of the year, to 4.64 million people, compared to 4.356 million registered in the same period of 2018, shows data from the National Institute of Statistics (INS).According to statistics, in the first three months of 2019, both international passenger air transport and freight transport (including postal services) of airports have the largest share in ...

Mihail Kogalniceanu int'l airport certified for largest aircraft operation

Tuesday, June 25, 2019

The Romanian Civil Aviation Authority (ACCR) earlier this week issued a new certificate of conformity by which the southeastern Mihail Kogalniceanu Constanta international airport (AIMK) is authorised to operate flights with the largest airplanes, the managing director Bogdan Artagea informed on Thursday.According to the source, the ACCR on Tuesday, June 16 approved the amendment of the RO 08 certificate held by AIMK since 2017, in accordance with the EU ...

AmCham survey: Lack of transport infrastructure, major impediment in economic development according to investors in Romania

Tuesday, June 25, 2019

Most of the business environment in Romania (94 percent) considers that the lack of transport infrastructure is a major impediment to the country's economic development, while two-thirds of the respondents (66 percent) refer to the lack of public investment policies and programs, according to the results of a survey by the American Chamber of Commerce in Romania (AmCham Romania), presented on Thursday in a press conference by Ionut Simion, the president of the ...

Trade: Kaspersky Report: Children, more interested in online shopping 

Tuesday, June 25, 2019

Children's interest in online shopping has trebled in the last 12 months, compared to last year, from 2% to 9%. Products most in demand are electronic equipment (Apple, Samsung) or fashionable brands (Vans, Gucci, Supreme), the annual Kaspersky report about children's safety shows. The most used shops sought by children are AliExpress, Amazon and Ebay. Sports clothes (Nike, Adidas), electronic products (Apple, Samsung) and fashion brands (Gucci, Vans, ...

GfK: Retail stores in Romania and Lithuania to record greatest progress in Europe in 2019

Tuesday, June 25, 2019

The business figure of retail stores (brick and mortar) in 27 EU states (without Great Britain) will grow by 0.2% in 2019, the highest increase rate being expected in Romania (7%) and Lithuania (6%), according to the latest GfK analyses on the European retail market. The study analyses tendencies and evolution in 27 European states and presents a prognosis of the business figure for 2019, offering retailers, investors and project developers an ...

Analysis: Local ice cream market estimated at RON 600 million, a record value of the past decade

Tuesday, June 25, 2019

The spring season and the start of the summer, with a lot of rain and humidity, were not in favor of ice cream sales, but the ice cream makers hope that July and August will drive up consumption. The ice cream market is estimated to exceed RON 600 million in value, a record for the last 10 years, according to a Frames analysis. The number of ice cream makers in Romania has doubled from 2010 to date, from 99 to 204 in 2017. In 2018, a year for which ...

KeysFin Study: Cosmetics market up 50 pct in the past 5 years to over EUR 1.7 billion

Tuesday, June 25, 2019

The cosmetics production market has doubled in value between 2013 and 2017 to over EUR 100 million, and the preliminary data for 2018 indicate that the value had exceeded EUR 120 million. Expanded product ranges and sustained advertising in the industry have matched perfectly with the trend of economic growth and the diversification of consumer habits, according to a study by KeysFin. The turnover of local cosmetics producers increased by 11 percent in ...

Eurostat: Romania has the cheapest food in the EU

Tuesday, June 25, 2019

In 2018, the price level of a comparable basket of food and non-alcoholic beverages across the European Union (EU) was twice as high in the most expensive Member State than in the cheapest one. Denmark had the highest price level for food and non-alcoholic beverages in the EU in 2018, at 130% of the EU average, followed by Luxembourg and Austria (both 125%), Ireland and Finland (both 120%) and Sweden (117%). At the opposite end ...

Real Estate: Real estate consultancy tipped to double in value in 5 years

Tuesday, June 25, 2019

The real estate market is maintaining the good momentum that it has enjoyed for the last few years, and this can be seen in the consultancy market, which is attracting new players despite the fact that some analysts are predicting a crisis in the near future. Consultancy in the real estate market has long been an unknown in terms of size and turnover. And it is still opaque when it comes to the small army of agents carrying out transactions involving ...

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