Economic
Agriculture :Number of slaughters and meat production increased in all species of animals and birds in September
Tuesday, November 12, 2024
The number of slaughters and carcass weight increased in all species of animals and birds in September compared to the same period last year, according to the data of the National Institute of Statistics (INS), published on Monday.According to official statistics, in September of this year, 45,000 cattle were slaughtered (compared to 43,000 in September 2023), 301,000 pigs (281,000 in September 2023), respectively 28.14 million birds ( compared to 27.11 million, in the same ...
Water content in winter wheat crop, within satisfactory limits in most of Romania
Tuesday, November 12, 2024
The water content in the winter wheat crop will be within satisfactory limits, close to optimal and even optimal in most of Romania, with low values of the soil water reserve being recorded in parts of Oltenia and Muntenia, reveals the agrometeorological forecast prepared by the National Weather Administration (ANM) for November 9 - 15, 2024.The soil moisture reserve will present low and particularly low values (moderate and strong soil drought) on extensive ...
AgriMin: Romania to benefit from1.5 billion EUR worth of processing in next 4 years, says Agriculture minister
Tuesday, November 12, 2024
Romania will benefit, in the next four years, from 1.5 billion EUR worth of processing, which will turn it into the leader in southeast Europe in terms of processed materials, said on Wednesday the Minister of Agriculture and Rural Development, Florin Barbu, at a specialized event."Because on June 15 we approved the most important form of support for processing, the Investalim programme, the contracts are already signed at present. We are talking about a billion euro state ...
Cars: New registrations of road vehicles for passenger transport increase 4.7% in Q3
Tuesday, November 12, 2024
New registrations of road vehicles for passenger transport increased 4.7% in the third quarter compared to the same period in 2023, according to data the National Institute of Statistics (INS) published on Monday.According to the statistics, during the analysed period, new registrations of vehicles for freight transport rose 6% compared to the third quarter of the previous year.At the same time, the share of new registrations of imported second-hand cars in the ...
APIA: Green car registrations almost 3 pct up in October
Tuesday, November 12, 2024
Romania's new car registrations were 1.6 percent up this October from the same period of 2023, with electrified cars scoring a 2.8 percent jump and a market share of 26.8 percent, shows data released on Wednesday by the Association of Automobile Manufacturers and Importers (APIA).Overall, October's new vehicle registrations were 0.07 percent down year-over-year, but up 29.6 percent from September 2024.New registrations in the passenger car segment ...
Healthcare: Out-of-pocket health spending in Romania around 23 pct
Tuesday, November 12, 2024
Approximately 23 percent of the money in the health system covers subsidized medication and private medical services, Health Minister Alexandru Rafila told on Monday the event "Innovative Romania: a resilient and competitive EU member state and OECD candidate"."The EU average for health care allocations is 9 percent, and in Romania it is 4.5 percent. That 9 percent is not only public funding, it is also out-of-pocket funds. We are nearing 6 percent of public ...
Infrastructure: Hundred percent Romanian airline Dan Air becomes member of IATA
Tuesday, November 12, 2024
The 100% Romanian air operator Dan Air has officially become a member of the International Air Transport Association - IATA, which promotes high standards of safety, security, sustainability and efficiency in aviation.According to a press release of the company sent on Friday, the IATA membership was obtained following the registration in the IOSA register, which took place in 2024, and which is a guarantee that the Romanian air operator aligns itself with the highest ...
Over 1.2 billion RON approved by Government for purchase of new trains and locomotives
Tuesday, November 12, 2024
New purchases of trains and locomotives were approved on Thursday in the Government meeting, the amount required for the investments amounting to 1.21 billion RON, including VAT.According to a press release from the Ministry of Transport and Infrastructure, the Executive has approved the Government Decision for the approval of the substantiation note regarding the necessity and opportunity of making the expenses related to the investment project "Acquisition of 23 new ...
Tourism : Romania to be promoted as tourist destination on buses in UK for a month
Tuesday, November 12, 2024
The Ministry of Economy, Entrepreneurship and Tourism (MEAT) is intensifying the promotion of Romania as a tourist destination in the United Kingdom by participating in the international tourism fair "World Travel Market" (WTM) and through an outdoor (OOH) campaign carried out on buses in London, Manchester, Birmingham and Liverpool.According to a press release of the Ministry sent on last Wednesday, these initiatives take place simultaneously in November, around the winter ...
Romania, Bulgaria consider creating joint sightseeing routes for Japanese tourists
Tuesday, November 12, 2024
Romania and Bulgaria are planning to create a series of joint sightseeing routes for Japanese tourists who want to visit the region, announced Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea, who met on Wednesday with a Japanese delegation led by Vice-Minister of Economy, Trade and Industry Shinji Takeuchi. The talks were aimed at deepening bilateral relations between the two states through partnerships and strategic investments in fields such as industry, renewable ...
Arrivals in Romanian tourist accommodation units up 4.2pct January through September
Tuesday, November 12, 2024
Romanian tourist accommodation units (including apartments and rooms for rent) welcomed a total of 11.153 million people between January 1 and September 30, 2024, an increase of 4.2% compared to the same period in 2023, according to the data published on Monday by the National Institute of Statistics (INS).Of the total number of arrivals, between January 1 and September 30, 2024, the arrivals of Romanian tourists in tourist accommodation units represented 83.5%, while the ...
Telecom.IT: ANCOM : There are still many people who do not have access to high-speed Internet in Romania
Tuesday, November 12, 2024
Covering the "white zones" should be a priority for the telecommunications market in Romania, because there are still many people who do not have access to high-speed Internet, deputy chairman of the National Authority for Communications Administration and Regulation (ANCOM) Pavel Popescu told a specialist conference on Monday."I think that some important steps have been taken in recent years. Today, the market does not look bad at all in Romania. Of course, if you look at ...
Real estate : Analysis: About 63% of people who neet mortgages choose houses built after 2010
Tuesday, November 5, 2024
About 63% of people who want to apply for mortgages choose houses completed after 2010 or in construction and 40% are working in a multinational company, according to an analysis made by online broker Ipotecare.ro and the financial consulting and mortgage credit SVN Credit Romania. According to a press release, most people who buy houses using martgages (about 42%), are woring in small ...
Number of building permits issued for residential buildings up 3.3% in first nine months
Tuesday, November 5, 2024
The number of building permits issued for residential buildings in the first nine months of the year was up by 3.3% compared to the same period last year, while in September it showed an increase of 3.9% compared to August and 13.2% compared to September 2023, according to data from the National Institute of Statistics (NIS), sent on last Thursday.Thus, 27,262 building permits for residential buildings were issued between January 1 and ...
Infrastructure: Gov't to approve 5-billion-euro investment for Targu Neamt-Iasi-Ungheni motorway
Tuesday, November 5, 2024
The government to approve a 5-billion-euro investment for the Targu Neamt-Iasi-Ungheni motorway, Prime Minister Marcel Ciolacu announced.The more than 88 km of motorway will be ready in three years, the prime minister said at the beginning of the government meeting."We are approving, as we are used to, a new major investment in road infrastructure, the Targu Neamt-Iasi-Ungheni motorway. The more than 88 km of highway will be ready in three ...
Wizz Air 44 routes for the winter season, with 14 new ones in Romania alone
Tuesday, November 5, 2024
Wizz Air is kicking off the Winter 2024-2025 season ( IATA Winter 2024-2025 season, 27 October 2024 – 29 March 2025) with an upgraded schedule, introducing 44 new routes. In Romania, 14 routes also commenced this week, with nine brand-new routes, and five reopened ones. This winter, Wizz Air lands in the newly opened airport of Salerno, Italy, and unlocks unique destinations such as Kraków, Lisbon, Malmo, Marrakesh, Rome Fiumicino, Stuttgart and Trieste ...
Agriculture: Gov't approves de minimis scheme to support vegetable farming in protected areas
Tuesday, November 5, 2024
A de minimis aid scheme to support vegetable farming in protected areas in the period 2024-2025 was approved on Wednesday by the government, with the total funds allocated to this programme standing EUR 25 million."By approving this piece of legislation, it is envisaged to grant de minimis aid for the application of the support programme for the production of vegetables in protected areas, for the period 2024-2025, for: tomatoes, bell peppers, cucumbers, ...
Telecom. IT: Overall IT industry business figure exceeded 15.5 billion euros in 2023, on the rise by 12.16%
Tuesday, November 5, 2024
The total business figure of the IT industry exceeded 15.5 billion euros in 2023, on the rise by 12.26% compared to 2022, according to a study launched on Wednesday by the Patron Association of Software Industry and Services (ANIS), made with the support of a research group from the Academy of Economic Studies, Bucharest. According to an ANIS press release, this performance points out the resilience of ...
Tourism: Dynamics of consumer goods distribuition in hospitality industry
Tuesday, November 5, 2024
Results of latest KeysFin analysis Dynamics of consumer goods distribuition in hospitality industry: The business figure of consumer goods distributors in hospitality industry in Romania went up by 16.6% against 2022 and was 86% over the 2018 level, at the record level of 30 billion lei in 2023. Interbrands ...
Trade : Chicken meat is at the top of Romanians' preferences; consumption and production, increasing in recent years
Tuesday, October 29, 2024
In recent years, chicken meat has been at the top of Romanians' preferences, with statistical data confirming this, considering the increase in production to a level of 723,000 tonness in 2023, and the average consumption of 28.2 kilograms/inhabitant/year."From the point of view of the food model, it is clear that the Romanian consumer's preference is pork. In second place is poultry, in third place is beef and in fourth place is sheep. If we ...