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Trade: The beer market in Romania decreased by 9%, after five months of 2023
Tuesday, July 18, 2023
The Romanian beer market reports a 9% decrease in the first five months of 2023 compared to the same period of the previous year. The results are part of the decreasing trend starting last year and continuing to accelerate in 2022. This market fall is attributed to a series of factors. Among the most important are the decline in purchasing power and the difficult economic context, given the acceleration ...
Tourism : Number of foreign visitors to Romania up 13% in May; Romanians' departures abroad up 2.1%
Tuesday, July 11, 2023
In May 2023 compared to May 2022, customs registered an increase in the arrivals of foreign visitors of 13.0% to 1.197 million and an increase of 2.1% to 1.605 million in the departures abroad of the Romanian visitors, according to the data of the National Institute of Statistics (INS) published on Tuesday.Moreover, in May 2023 compared to May 2022, the arrivals in the establishments of tourists' reception with functions of tourists' accommodation, including ...
Trade: Study: The Electronics category dominates the Romanian e-Commerce market, followed by Fashion
Tuesday, July 11, 2023
Aqurate, a SaaS platform based on Artificial Intelligence (AI), launches Aqurate Map 2023, a study now in its third edition, which analyzes the competitiveness of Romanian eCommerce stores, and according to the recorded data, the Electronics category dominates the market authoritatively, with 45 million monthly visits, at the end of ...
Electro-IT market advances 4.6pct in Q1 2023
Tuesday, July 11, 2023
Romania's electro-IT market posted a 4.6% growth in Q1 2023 when stated in US dollars, mainly on increases in telecom and small household appliances sectors, according to the GfK study "Inflation, innovation and insight: Carving out growth for retailers in 2023."The study indicates that during the COVID-19 pandemic, consumer spending decreased, and last year inflation and high energy prices led consumers to keep their savings. This led to a negative development in retailers ...
Agriculture: Poultry meat production advances by 9.3 pct this May
Tuesday, July 11, 2023
Romania's poultry meat production was 9.3 percent higher in May 2023 compared to the same period last year, and almost 19 percent up from April 2023, totaling 48,775 tons, the National Institute of Statistics (INS) informs.The number of fowl slaughtered in May was 28,898 million, up from 26.359 million in May 2022 and also higher than the 23.886 million registered in April 2023.The beef production totaled 6,584 tons in May, 0.9 percent down year-over-year from ...
Infrastructure: AirConnect to operate flights to and from the Bucharest Baneasa International Airport
Tuesday, July 11, 2023
The Romanian regional airline AirConnect will operate, as of July 24, regular flights from the Bucharest Baneasa - Aurel Vlaicu International Airport, the National Bucharest Airports Company (CNAB) informs on Thursday."Starting on July 24, 2023, AirConnect will move its operations to the Baneasa Airport, to offer customers access to the capital's newest terminal, with reduced time for all check-in formalities, security control, boarding and which is only a few minutes away ...
Wizz Air transported 77 million passengers to and from Romania
Tuesday, July 11, 2023
The Wizz Air airline transported 77 million passengers to and from Romania, a number four times higher than the population of Romania, according to a press release sent on Friday."Carrying a volume of passengers four times higher than the population of Romania, the airline firmly maintains its position as the leading carrier in the country, contributing to the development of the tourism sector in Romania and creating more than 57,000 jobs in the associated industries in the ...
Real Estate: The total leasing volume on the Bucharest office market up by 10% yoy in the first Half of 2023
Tuesday, July 11, 2023
In Bucharest, the total office stock reached 3.85 million sqm at the end of June 2023. The total leasing activity of the office market reached over 169,000 sqm in the first six months on this year, a 12% increase compared to the same period last year, according to an analysis by Crosspoint Real Estate, international associate of Savills in Romania. Although the office market is going through a challenging period, from mass ...
Romania hits 6.3 ml sqm of modern industrial and logistics space in 2022
Tuesday, July 11, 2023
Romania's total stock of modern industrial and logistics space has reached almost 6.3 million sqm, representing the third largest specific market in 12 of the largest Central and Eastern European economies, shows a report by real estate consulting company Colliers.According to the cited document, the developers have another 650,000 sqm of modern space under construction.The real estate experts attribute the robust evolution of the market in the latest period to ...
Trade: Romania, the cheapest EU member state for food and non-alcoholic beverages
Tuesday, July 4, 2023
Romania had the cheapest food in the EU in 2022, according to data from the National Institute of Statistics (INS). We also had the cheapest furniture. The lowest level of prices for consumer goods and services from the final consumption of households, within the member states, was recorded in 2022 in Romania, being 42% lower than the EU average, followed by Bulgaria (41% below the EU average) and ...
Agriculture: EUR 430 million of EU funds to support the EU agricultural sector
Tuesday, July 4, 2023
The Commission proposed yesterday, 26 June, to mobilise additional EU funding for EU farmers affected by adverse climatic events, high input costs and various market and trade issues. The new support package will consist of EUR 330 million for 22 Member ...
Cattle and bird slaughter in industrial units, upward trend in 2022
Tuesday, July 4, 2023
The slaughter of cattle and birds in industrial units (slaughterhouses) registered an upward trend in 2022, compared to 2021, and the slaughter of pigs, sheep and goats a downward trend, according to the data published on Friday by the National Institute of Statistics (INS) .The number of cattle slaughtered in industrial units (slaughterhouses) increased compared to the previous year by 3%, while the production of beef decreased by 1.6%. Cattle ...
Romania's 2022 wool and egg production goes up, milk production declines compared to 2021
Tuesday, July 4, 2023
Romania's wool and egg production increased in 2022 compared to the previous year, whereas the milk production was down from 2021, shows data released on Friday by the National Institute of Statistics (INS).The wool production rose by 3.15 percent to 24,191 tons last year, compared to 23,453 tons in 2021, while the egg production reached 6.005 million, by 68,000 more than in 2021.In 2022, slaughter numbers for sheep and goats increased by 8.6 ...
Agriculture Ministry to run INVESTALIM programme to boost domestic production of food
Tuesday, July 4, 2023
The Ministry of Agriculture and Rural Development (MADP) has put up for publicdebate a bill for the application of a multi-annual national programme, INVESTALIM, the years 2023 - 2026, for the development and modernisation of the domestic food industry through financial support to boost the domestic production of foodstuffs.According to a MADR press release, the INVESTALIM programme will be run by MADP through the Rural Investment Financing Agency ...
Tourism : Romanians are booking tours and travel packages for 2024
Tuesday, July 4, 2023
DAL Travel, one of the most well-known tour operators in Romania offering premium travel products, established in 2000 and a member of the National Association of Travel Agencies (ANAT), enthusiastically announces that travel enthusiasts and adventurers are ahead of their time and have already booked tours and travel packages for 2024. A year before departure, Romanians express an incredible desire to explore the world ...
Vama Buzaului, Romania's eighth ecotourism destination
Tuesday, July 4, 2023
Vama Buzaului, located at the foothills of the Ciucas Mountains, is the eighth ecotourism destination in Romania, having obtained the recognition of the Ministry of Economy, Entrepreneurship and Tourism (MEAT), informs the ministry in a press release."I congratulate the local administration of Vama Buzaului for its firm commitment to promoting sustainable tourism and environmental conservation and protection initiatives! Moreover, this example of good ...
ARO hotel in Brasov to be modernised by an international brand; investment - approximately 11 mln euros
Tuesday, July 4, 2023
One of the emblematic hotels in the city of Brasov, the Capitol, which is part of the Romanian chain Aro SA, will be modernised by an international brand, with an investment of approximately 11 million euros.The Capitol will be rebranded by the Accor group, which will reopen the hotel unit in Brasov under the name Mercure Brasov Center, the representatives of Aro and Accor announced on Tuesday in a press conference, after signing an agreement in this sense ...
Healthcare: Opinion poll: Health a priority for 41.5% Romanians; only 27% remember Gov't measures in the area
Tuesday, July 4, 2023
Romanians consider health a priority (41.5%), however only 27% say they can remember measures proposed by the Governments in the past years, according to the Public Health Barometer, launched on Wednesday, at the Romanian Academy Library.According to the survey, presented by the director of the Larics Sociological Research Center (CCSL), PhD Associate Professor Darie Cristea, of the 27%, 58% recall measures related to the management of the COVID-19 pandemic ...
Infrastructure: The freight transport market in Romania is slowing its growth
Tuesday, July 4, 2023
The road freight transport market recorded a slowdown in the growth rate in the period January-June 2023 compared to the same period last year, against the background of the decrease in volumes, which also generated a stagnation in transport tariffs, an analysis shows, the third largest transport company in Europe. “If in 2022 the market for road transport of goods grew quite rapidly, this ...
Romanians are increasingly using smaller airports in the country
Tuesday, July 4, 2023
Romanians are increasingly using smaller airports in the country, the busiest being, after the Otopeni Airport, the airports in Ias and Cluj, according to the latest data presented by an online travel agency."The most recently opened airport in the country, the Brasov-Ghimbav International Airport, has brought with it many operational challenges, which is why we can currently only talk about a few flights that Romanians can book from Brasov and quite a ...