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Infrastructure: Romanian Air Lines, a new air company proposed in Romania
Tuesday, October 10, 2023
The Chamber of Trade and Industry in Romania (CCIR) organized the second meeting devoted to launching the project on inter-city air connection in Romania. At this meeting, a complex study about the lack of connectivity between Romanian cities, caused bythe precarious land and railway infrastructure in Romania was presented, together with solutions identified for beginning this new project in the aeronautic ...
Wizz Air to start new route to Leipzig, increase frequencies on 21 of existing routes in Bucharest
Tuesday, October 10, 2023
From June 2024, Wizz Air will allocate two more state-of-the-art Airbus A321neo aircraft to its base in Bucharest, will start a new route to Leipzig, Germany, and will increase the frequencies on 21 of its routes existing in Bucharest, Wizz Air CEO Jozsef Varadi said on Tuesday.With this investment, the airline will have 19 aircraft stationed and 800 people working at the base in Bucharest, thus becoming Wizz Air's largest base, while at the same time ...
Cars: New car registrations in Romania fall 11.59% in September
Tuesday, October 3, 2023
New car registrations in Romania fell 11.59% in September compared to the same period in 2022, to a volume of 10,545 units, according to data from the Romanian Automobile Manufacturers Association (ACAROM), published on Monday.According to the statistics, in the first nine months of this year, the number of new car registrations reached 110,011 units, up 15.46% compared to the same period last year.In the ranking of new passenger cars by brand at ...
Real Estate: Romania Sotheby's International Realty Announces the Sale of the Romano Mansion, a Neo-Romanesque Gem
Tuesday, October 3, 2023
One of the most impressive mansions in the Oltenia region, known as the Romano Mansion, is listed for sale at €2,050,000. This historic property ...
Number of residential building permits down 23.9 pct over Jan - August
Tuesday, October 3, 2023
The number of residential building permits issued in Romania in the first eight months of the year was 23.9 percent down from the year-ago period, shows data released on Friday by the National Institute of Statistics (INS).All development regions saw a decline in the number of permits in the reporting period as follows: Bucharest-Ilfov (-1,539 permits), North-West (-1,181), South-Muntenia (-1,132), West (-932), North-East (-792), South-East (-722), ...
Tourism : Tourism on track to reach pre-pandemic levels
Tuesday, October 3, 2023
Macro commentary by eToro analyst for Romania, Bogdan Maioreanu Tourism is on the track to reach the pre-pandemic levels but with each year the tendencies are evolving. While tourists are searching for convenient ways to book their travel, companies are looking for ways to improve their efficiency and generate more business from ...
Telecom.IT: Microsoft's Putinica: IT industry can contribute 7-8% of Romania's GDP, in spite of latest developments
Tuesday, October 3, 2023
Nearly 220,000 programmers are currently working in the Romanian IT industry, and they can contribute about 8% of the Gross Domestic Product (GDP) through innovation, if things go well this year, despite the latest developments, Bogdan Putinica, country manager of Microsoft Romania and the Republic of Moldova, told a specialist conference on Friday."We are talking about a community of almost 220,000 programmers, ...
Research minister: We must ensure that artificial intelligence is developed and used responsibly and ethically
Tuesday, October 3, 2023
The Minister of Research, Innovation and Digitisation, Bogdan Ivan Gruia, stressed Thursday at a debate that artificial intelligence (AI) must be developed and used responsibly and ethically and be available to all."Artificial intelligence can be used to automate repetitive and tedious tasks that are stressful for many people. (...) Artificial Intelligence presents a number of challenges. One of the biggest challenges is to ensure that AI is developed ...
Telecom authority head: 5G technology to be majority in Romania at 2026-end
Tuesday, October 3, 2023
Telecommunications operators give us hope that, sometime by the end of 2026, 5G technology will be the majority in Romania, but the transition will not be simple, president of the National Authority for Communications Administration and Regulation (ANCOM) Valeriu Zgonea told a specialist debate on Wednesday."We are talking about smart communities. Unfortunately, there are several approaches in Romania. As always, when we make a transition towards a certain ...
Infrastructure : HiSky inaugurates Bucharest - Chisinau route
Tuesday, October 3, 2023
On Monday, September 25th, HiSky operated its first flight between Bucharest and Chisinau. Starting this week, the route enters the company's regular flight portfolio, with a frequency of three flights per week, every Monday, Wednesday, and Friday, departing from the capital of the Republic of Moldova to Bucharest and return. The flights are operated with one of the Airbus A320 family aircraft in the ...
Agriculture: Financial aid worth over 83 million RON to support activities of cattle breeders
Tuesday, October 3, 2023
The Agency for Payments and Intervention in Agriculture (APIA) has authorized the payment of more than 83.11 million RON to support the activities of cattle breeders in 2022, in the context of the crisis generated by Russia's aggression against Ukraine, APIA announced on Thursday.The total funds authorized for payment are granted through the budget of the Ministry of Agriculture and Rural Development, for applicants who have accessed this form of state ...
Healthcare: Half of deaths in Romania are caused by cardiovascular diseases
Tuesday, October 3, 2023
Half of the deaths in Romania are caused by cardiovascular diseases, and in the year 2021 one person out of four will be on the record of family doctors with a cardiovascular disease, states the National Institute of Public Health on the occasion of World Heart Day, celebrated every year, in everyone, on September 29."Cardiovascular disease is the number 1 silent killer worldwide, it is estimated that it takes the lives of 17.9 million people every ...
Trade: Report 2023: Romania Ranks 3rd In Online Sales In Central And Eastern Europe
Tuesday, October 3, 2023
With a consolidated 3.17% of GDP generated by online sales of goods and services (e-GDP), Romania ranks 3rd in Central and Eastern Europe and 12th on the European continent, according to the latest European E-commerce Report 2023 published by Ecommerce Europe and EuroCommerce. Romania ranks 3rd in Central and Eastern Europe and in terms of sales volume in EU Member States, after Poland and the Czech ...
Real Estate : The number of sold properties increased in H1 2023, but the average price per asset decreased
Tuesday, September 26, 2023
The number of sold income – generating real estate properties (office, retail, industrial & logistics spaces and hotels) during the first half of 2023 increased by 30% when compared with the same period of last year, but the average price per property decreased from €24 million to €11 million. Therefore, the transactional volume has seen an y-o-y decline of 43%, to a level of €181 million, according to data from the ...
Telecom.IT : Eight out of ten consummers in Romania noticed increase of online fraud and scams
Tuesday, September 26, 2023
Eight out of ten consumers in Romania (83%) noticed an increase of fraud and scams directed either towards them, their friends or people they knew, Revolut informed. Revolut launched a new educational module created to increase prevention of fraud among customers. According to the latest data offered by Global Anti-Scam Alliance (GASA), frauds generated losses of over 50 billion euros in 2021. A recent Revolut study ...
Forscope Romania: Unlicensed software in Romania is estimated at 130 million Euros
Tuesday, September 26, 2023
Forscope Romania, the largest software broker focused on buying and selling second hand software in Central and Eastern Europe, is drawing attention on the magnitude of the software piracy trend in Romania which is estimated to represent more than half (53%) of the total number of installed software, at a market value of about 130 million ...
Study: 75% of companies believe the organization with the most advanced generative artificial intelligence wins
Tuesday, September 26, 2023
Three quarters of the companies (75%) consider that the organisation with the most advanced advanced generative artificial intelligence will have a competitive advantage, but as in the case of any technology under quick development, the businesses prove to be unprepared and unsure about the way in which they can use it, show the data of the annual IBM study, CEO decision-making in the age of AI, Act with ...
Infrastructure: Development of Brasov-Ghimbav International Airport, discussed by Development Minister Vestea with EU Commissioner Valean
Tuesday, September 26, 2023
The Minister of Development, Adrian Vestea, discussed, on Tuesday evening, with the European Commissioner for Transport, Adina Valean, the MEP Siegfried Muresan and the director of the Brasov-Ghimbav Airport, Alexandru Anghel on the development of the airport based in Ghimbav, the central Brasov County."We focused on finding support and financing opportunities for the development of Brasov-Ghimbav International Airport (AIBG). Commissioner Adina Valean ...
Tourism: Fewer foreign tourists in Danube Delta
Tuesday, September 26, 2023
Fewer foreign tourists visited the Danube Delta this year, and those who did preferred independent means, the situation being influenced mainly by the Ukraine war. Marius Potolea, the vicepresident of “Discover Jurilovca” Association declared that the unit he is head of had recorded a 20% increase of the number of guests compared to last year, but at general level the situation was not a ...
Infrastructure: TAROM introduces more flights on Bucharest-Chisinau route from September 24
Tuesday, September 19, 2023
TAROM introduces more flights on the Bucharest-Chisinau route, starting from September 24, the prices for a ticket starting from 85 euros/segment, the national airline operator announced on Thursday.The company will operate additional flights every weekend, reaching 21 round-trip flights per week.According to the source, the prices for a ticket to or from Chisinau start from 85 euros/segment with the transport of a 23 kg checked baggage and ...