Economic
Tourism : Tourist resorts on Prahova Valley, 75% occupancy rate on Easter
Tuesday, April 18, 2023
The tourist resorts on the Prahova Valley were 75% occupied on the occasion of the Easter holiday, some tourist units being at maximum capacity (90-100%), and others at half capacity (50-60%), the Association for Tourism Promotion and Development (APDT) Prahova announced."The most visited tourist attractions were the Peles Castle in Sinaia and the Cantacuzino Palace in Busteni. Tourists lingered on the terraces, and others spent time in nature on mountain trails. The Peles ...
Infrastructure: European Commission opens in-depth investigation into Romanian support measures in favour of Blue Air
Tuesday, April 18, 2023
The European Commission has opened an in-depth investigation to assess whether or not certain Romanian support measures in favour of the airline Blue Air Aviation are in line with EU state aid rules, according to a press statement released on MondayThe Romanian airline Blue Air has been experiencing financial difficulties since 2019. In March 2020, as other companies active in the aviation sector, it was seriously hit by the coronavirus pandemic. In November 2022, Blue ...
Real Estate: Top real estate sectors that attracted the most investment in the first quarter of 2023
Tuesday, April 11, 2023
Real estate investments in the first quarter of 2023 exceed 153 million euros and are higher by 72% compared to the same period last year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. The best performing sector in attracting investors was the industrial segment, the value of investments in halls and production spaces cumulating about 72.27 million euros, ...
Trade: Bottled water consumption in Romania is losing ground to tap water Publicat pe 28 March 2023
Tuesday, April 11, 2023
The latest market research conducted by Reveal Marketing Research aimed to evaluate Romanians’ consumption behaviors and preferences regarding bottled water and how they have evolved compared to the similar study conducted in April 2021. 33% of Romanians tend to consume plain bottled water most often, and 12% carbonated bottled ...
Almost 80% Of Online Stores Will Not Register Increased Sales For Easter 2023
Tuesday, April 11, 2023
Only 20% of online retailers expect higher sales for Easter 2023 compared to the same period in 2022, an average of 17% year-on-year, due to higher inflation and a lack of analysis of product performance in sales campaigns, according to an analysis made by TRUDA, a platform for identifying profitable products from online stores. “Romanian e-commerce is going through a sensitive period for ...
Beer market down 5 pct in 2022, reaching 2015-2016 volumes, number of producers decreases, amid crisis
Tuesday, April 11, 2023
The Romanian beer market decreased last year, for the first time after a period of stability, by 5% in volume, to 15.8 million hectoliters, against the background of the increase in production costs by almost 60%.This increase integrated the rise in the costs of energy, packaging, and raw materials, to which was also added an increase in the fiscal burden, as a result of the indexation of the excise tax in the middle of the year, in its turn adding to the ...
Infrastructure: Romania's 2022 road freight volume goes up 5.8 pct compared to 2021
Tuesday, April 11, 2023
Romania's road freight volume in 2022 was 5.8 percent higher compared to 2021, while the volume of goods transported by rail was 3.9 percent lower, shows data centralized by the National Institute of Statistics (INS).National transport accounted for 82.9 percent of the total of 324.526 million tons of road freight, marking an increase of 6.7 percent compared to the previous year. Freight distances were 4 percent ...
Cars: Romania hits 27,590 electric vehicles, 3,300 public chargers
Tuesday, April 11, 2023
As of February 2023, Romania had 27,590 electric vehicles, after EV registrations last year equaled those in the last 10 years combined; on the other hand, the number of public chargers in the country barely topped the 3,300 line, shows a survey conducted by one of the most important players in the field of electric mobility, Lektri.co.According to the survey, a total of 2,247 electric vehicles were registered in the first two months of 2023, of which 35 ...
Tourism: Arrivals in tourist reception structures, up by 30.4 pct in February
Tuesday, April 11, 2023
More than 823,000 people arrived in tourist reception facilities in February of this year, a 30.4% increase compared to the same period last year, according to data from the National Institute of Statistics published on Tuesday.Of the total number of arrivals, the arrivals of Romanian tourists represented 85.7%, and the arrivals of foreign tourists 14.3%.The overnight stays registered in tourist reception structures (including apartments and ...
Healthcare: HealthMin: For many years, Romania is in first places in consumption of antibiotics and circulation of multiresistant bacteria
Tuesday, April 4, 2023
In the context where Romania has been in the first places in Europe for many years in terms of the consumption of antibiotics and the circulation of multi-resistant bacteria, something must be done in this regard to "bring things under control", said the minister of Health Alexandru Rafila on last Wednesday, at the Parliament."Countries that consume antibiotics rationally, I would say, therefore, it is more difficult to dispense them in pharmacies, they ...
Telecom. IT: Microsoft Romania: IT&C industry in Romania could reach 10 pct of GDP in 2025
Tuesday, April 4, 2023
The IT&C industry in Romania could reach 10 pct of GDP in 2025, up from 7-7.5 pct at present, Microsoft general manager Bogdan Putinica said on Wednesday."The IT&C industry in Romania has presently exceeded 7 - 7.5 pct [of GDP - ed.n.]. This morning I heard a figure from one of the government representatives of almost 8 pct. Hopefully it closes at 8 pct or above 8 pct in 2023. It's on the growth path, which is somewhat known. Everyone knows that IT ...
Agriculture: Gov't pays out over RON 1.3 million in animal breeding state aid
Tuesday, April 4, 2023
The Agency for Payments and Intervention in Agriculture (APIA) is paying out, through its county centres, state aid in the animal breeding sector under payment requests related to services provided in January 2023.According to a press release from APIA, the amount authorised for payment is RON 1.367 million, and it is granted from the national budget via the Ministry of Agriculture and Rural Development for applicants having accessed this state aid in ...
Polish, Romanian PMs ask EU for mechanism to trace Ukraine grain exports
Tuesday, April 4, 2023
Romania and Poland are in talks with the European Commission over export tracing mechanisms for Ukrainian grains to ensure local farmers are not hurt by a flood of cheap imports, the Polish and Romanian prime ministers said on Tuesday (28 March). Ukraine, one of the world’s largest grain exporters, has seen its Black Sea ports blocked since Russia invaded more than a year ago and ...
Romania, ranks 1st in the EU at sunflower production in 2022
Tuesday, April 4, 2023
Last year, Romania ranked first in the European Union for sunflowers both in terms of production and cultivated area, with a total harvest of 2.079 million tons from 1.082 million hectares, according to provisional data of the National Institute of Statistics (INS) published on Friday.However, the production of sunflower seeds was lower last year by almost 27pct compared to 2021, namely by 765,000 tons, the cultivated area registering a decrease of 42,000 ...
Romania's grain production drops last year by over 32pct to 18.8 million tonnes
Tuesday, April 4, 2023
Romania's cereal grains production fell last year by 32.2pct, or 8.9 million tonnes, from 27.79 million tonnes reported in 2021 to 18.84 million tonnes in 2022, mainly because of lower yields per hectare, according to provisional data announced Friday by the National Institute of Statistics (INS).The grain production was directly influenced by the decrease by 44.7pct in the production of grain corn, which has a 43.5pct share in total grain ...
Trade: Romanians’ orders for cooked food dropped in 2022; the industry of food industry was reduced by 4%
Tuesday, April 4, 2023
The industry of food services dropped in Romania by 4% up to the value of 5.44 billion euro in 2022 due to the diminution of the number of orders per month, from 4.4 in 2021 to 3.3 last year, show the data of the newest study of Hospitality Culture Institute, published on Monday.‘In 2021, year with restrictions in HoReCa, the Romanians bought cooked food, on average 4.4 times per month. Here are included ...
Infrastructure: AirConnect started regular flights operation
Tuesday, April 4, 2023
The newest Romanian air company, AirConnect has started its regular flight operation, both domestic and foreign informs the company in a press releasethe domestic flights will be operated from Bucharest to cities such as Baia Mare, Sibiu, Suceava and Targu Mures and the foreign ones from Bucharest and Cluj to Budapest. Starting with June new routes, summer ones will be operated in the country ...
The demand for groupage transport and auxiliary services increases by over 30% this year
Tuesday, April 4, 2023
DSV Road, one of the largest freight companies in Europe, estimates an increase of more than 30% in the demand for groupage transport on domestic and international routes and ancillary services, which will represent approximately 55 million euros of the company’s entire business in 2023. Groupage transport is one of the most sought-after types of transport, bringing over 50% of DSV Road’s business in Romania. ...
Ryanair to operate about 30 flights from Iasi International Airport
Tuesday, April 4, 2023
Budget airline Ryanair launched at a press conference on Thursday four new routes that will link Iasi City to Milan, Paris, Brussels and Dublin.The launch of the new flights at Iasi Airport was celebrated with a ceremony held on the tarmac at the arrival of a plane from Bergamo, which was greeted with the traditional water salute. Afterwards, the officials and the flight crew cut the inaugural ribbon.Ryanair is the fifth airline to operate at Iasi ...
Tourism : Tourism Ministry starts national selection for tourist villages aspiring to "Best tourism villages" title
Tuesday, April 4, 2023
The Ministry of Entrepreneurship and Tourism (MAT) is launching the national selection of tourist villages that aspire to the "Best Tourism Villages" title, the initiative being a prelude to the third edition of the international competition of the World Tourism Organization (WTO), through which, annually, outstanding examples of rural destinations are identified."It is a real honour to rediscover the Romanian village as a source for sustainable development, to ...