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Hotel industry lost roughly 240 ml euros from March to May
Tuesday, June 9, 2020
The hotel industry's losses in March, April and May amount to roughly 240 million euros, as approximately 6 million overnight stays have been wiped off because of the coronavirus pandemic, president of the Romanian Hotel Industry Federation (FIHR ) Calin Ile told Agerpres."We estimate the hotel industry's loss at about 6 million overnight stays, which takes us somewhere at around 240 million euros lost in March - April - May. We hope to operate somewhere at 40-50 ...
April's arrivals in Romania's tourist accommodation establishments plunge 98.1 pct YoY
Tuesday, June 9, 2020
Arrivals in tourist accommodation establishments this April plummeted 98.1 pct from the year-ago period to 16,900; foreigners accounted for 8.3 pct of this figure, the National Institute of Statistics (INS) said on Wednesday.Visitors from Europe accounted for the highest share of foreign tourists' arrivals in accommodation establishments (71.4 percent of the total foreign tourists) and of these, visitors from EU countries represented 50 ...
Telecom. IT: Almost half of the households in Romania have high-speed internet connections
Tuesday, June 2, 2020
Some 5.3 million households in Romania had fixed internet connections at the end of 2019, up 4% compared to 2018. Of these, 3.9 million (74%) were high-speed connections that allowed download speeds of over 100 Mbps. Thus, the national fixed internet penetration rate reached 64% at the end of 2019, according to data released by the telecom market regulator – ANCOM. In cities, 75% of the households had fixed internet connections while, in rural ...
Agriculture: MADR: Romania allocates 20.5 billion euros for next 7 years
Tuesday, June 2, 2020
Romania has allocated 20.5 billion euros both for direct payments and for investments in farms, an opportunity to fundamentally change agriculture in the next 7 tears and do away with a commercial deficit of 1.23 billion euros, said Emil Dumitru, secretary of state in the Ministry of Agriculture and Rural Development (MADR). “We produce raw materials, we export cereals and import products with high added value and I would concentrate on two ...
Law on tax exemption in case of the use of groundwater for irrigation, promulgated by president Iohannis
Tuesday, June 2, 2020
President Klaus Iohannis promulgated the law to supplement Art. 9 of the Water Law 107/1996, which provides that the use of groundwater for irrigation shall be exempted from the specific fee for the state of emergency period and for another six months.The Chamber of Deputies adopted on 6 May, as a decision-making body, the piece of legislation providing that, during the state of emergency and for another six months after its end, users of groundwater for ...
Romania reports 263 African swine fever outbreaks, 11 ocurred in the last week
Tuesday, June 2, 2020
The number of African swine fever (ASF) outbreaks in Romania dropped this week to 263 from 278 in the week before, although 11 new outbreaks were confirmed between May 21 - 27, 2020, according to data released on Friday by the National Veterinary and Food Safety Authority (ANSVSA).As of May 29, Romania had 141 localities in 23 counties with ASF activity in 263 outbreaks, some of which in commercial holdings. In 17 other counties there were only wild boar ...
Forest area increases by over 9,000 hectares in 2019 against 2018
Tuesday, June 2, 2020
In 2019, the area of forests stood at 6,427,340 hectares, up 9,127 hectares compared to the previous year, according to a release published by the National Institute of Statistics (INS) on Friday.At the end of 2019, the area of the national forest fund was 6,592,230 hectares, increasing by 9,165 hectares compared to 2018. This growth is mainly due to re-planning of wooded pastures and the insertion of degraded and unfrosted lands in the forest fund, established by ...
Cars: Motorcycle registrations down 17.9% in Romania in first four months
Tuesday, June 2, 2020
The number of motorcycle registrations in Romania decreased by 17.9% in the first four months, informs on Thursday the Automotive Manufacturers and Importers Association (APIA).According to APIA data, in April 2020 the Romanian motorcycle market decreased by 62.1% compared to the same month of last year, while in March the decrease was 2.3% compared to March 2019."This result is generated by a mixed evolution in the first four months of 2020 (the ...
EU's objective: More than 2.6 billion cars to use hydrogen by 2030
Tuesday, June 2, 2020
Europe is at the beginning of a transition to becoming climate-neutral, with the European Union's objective being to have more than 2.6 billion vehicles using hydrogen by 2030, Laszlo Borbely, state advisor and coordinator of the Department for Sustainable Development said."Europe is at the beginning of a transition to becoming climate-neutral, in a world that is always changing. The coronavirus pandemic did not stop the European ambitions to cut down polluting ...
Trade: Study: Household expenses for consumer goods increased in Romania by almost 14 pct in Q1
Tuesday, June 2, 2020
Household expenses for consumer goods have increased in Romania, in the first quarter of the year, by nearly 14 pct, compared to the similar period of last year, while private brands gained ground against the national brands and have reached 21 pct of total sales, the GfK Consumer Panels & Services data shows.The study monitoring buying behaviour of families in Romania emphasizes that, in the January - March 2020 interval, on the backdrop of the panic ...
Real estate: Analysis: Demand for office buildings and their renting costs might drop
Tuesday, June 2, 2020
Demand for office buildings and their renting costs may go down as there have been reductions of office areas as a result of implementing social distancing measures, according to an analysis of XTB Romania brokerage house which presents advantages and disadvantages of work from home versus working in offices. “For companies, the decision to make a transition from working in offices and working from home is a way of reducing costs. Besides costs ...
Cushman & Wakefield Echinox : Bucharest – the most dynamic logistics market in the region in the past 5 years
Tuesday, June 2, 2020
The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most dynamic market in the Central and Eastern European region and a logistic regional hub throughout the analyzed period, according to the real estate consulting company Cushman & Wakefield Echinox. At the beginning of 2019, the stock of logistic spaces surrounding the Capital has exceeded the 2 million square meters ...
Infrastructure: Transport Ministry: Now we have 164 km of open building sites for highways and express roads
Tuesday, June 2, 2020
Big investment projects in infrastructure have been accelerated and there are now 164 km of building sites opened for highways and national roads, said Lucian Bode, the minister of transports, infrastructure and communications. “Building sites did not stop, big investment projects in infrastructure have been accelerated. Now we have 164 km of building sites opened for highways and express roads. Of them, about 70 km are sites opened in the first ...
Report: Average speed on railway infrastructure in Romania is 68.86 km/h
Tuesday, June 2, 2020
The average speed that can be used on the railway infrastructure in Romania is 68.86 km/h and there were 1,236 speed restrictions on 1,335 km on August 30, 2019, according to the report made by the Prime Minister's Control Corps with CFR SA. The conclusions of the report show that, based on the data supplied by company representatives elements of public railway infrastructure elements should be renewed in proportions between 35% and 92%. ...
Construction contract for Targu Mures- Ungheni and Connection Road section signed by CNAIR and Strabag
Tuesday, June 2, 2020
CNAIR signed on Friday with Strabag SRL the contract for “Construction of highway section Targu Mures- Ungheni and Connection Road”, as part of Brasov-Targu Mures- Cluj -Oradea Highway. According to a CNAIR press release, the contract value is of 192.06 million lei and it will be financed from European funds. The contract includes the execution of works for 9,2 km (Targu Mures-Ungheni 4.5 km and connection road ...
Agriculture: Reuters: Drought-hit Romanian wheat crop should still meet Egypt tenders
Tuesday, May 26, 2020
Romania, the second largest grain seller among European Union states, is along with France and Russia a major exporter of cereals to the Middle East, with Egypt the main buyer. “It’s a double hit. We witness a very bad year for wheat, situation resembles 2002 when plants froze in the winter in the absence of snow cover and then in the spring no rains occurred at all,” Romania’s former agriculture minister Petre Daea said, quoted ...
Romania, advantages in ecological field, but agri-food model seems to evolve contrary to European one
Tuesday, May 26, 2020
Romania has important advantages in the ecological field, but the country's performance continues to be modest, and the Romanian agri-food model seems to evolve contrary to the European one, which is increasingly based on the organic area, considers Costin Lianu, the president of an inter-professional association for ecological agri-food products, as quoted in a press release of USH Pro Business."The business environment in the field is burdened and little ...
Romania's maximum 2020 wheat production, only 5-5.5 million tonnes
Tuesday, May 26, 2020
Romania's maximum 2020 wheat production this year could reach 5-5.5 million tonnes, as against a good year's 7 to 9 million tonnes, Minister of Agriculture and Rural Development Adrian Oros said Friday."The estimates are quite approximate. There are estimates made both by farmers' associations and by some of individual farmers. Of course, comparing the areas that have been sown, and we are talking about 2.9 million hectares that in autumn were cultivated with ...
Telecom. IT : ANCOM plans to auction 5G licenses in Q4
Tuesday, May 26, 2020
Telecom regulator ANCOM will adopt in the third quarter of this year the documentation for the 5G tender. The institution thus estimates it will grant the licenses for the additional 5G spectrum in the fourth quarter of this year, said ANCOM vice president Eduard Lovin. "We hope that we will grant licenses for the additional 5G spectrum in the fourth quarter of this year. We thought it was safer to postpone it until the end of this year. We want all ...
Trade : H&M launches new online brands in Romania
Tuesday, May 26, 2020
Swedish fashion retailer H&M Group officially launched four new brands on the Romanian market, nine years after opening its first store in the country. The group has been present in Romania with the brands H&M and COS. The new brands launched on the market are & Other Stories, Monki, Weekday, and Arket, all of them with online ...