Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

Sovata's Salt Road, a tourist attraction after it became image of EU In My Region campaign

Tuesday, January 10, 2023

The "Drumul Sarii si Arboretele de pe Saraturi" project in Sovata, which a year ago became the image of the "EU in my Region" campaign of the European Union, at the proposal of the Regional Development Agency Centru, attracts more and more tourists in Sovata spa resort, said, on Friday, the head of the Sovata Information Center, Daniela Bereczki."The 'Drumul Sarii si Arboretele de pe Saraturi' project in Sovata has become an extremely popular place for ...

Romanians travelled more on holidays in 2022 even though they were more expensive

Tuesday, January 10, 2023

Romanians travelled more on holidays in 2022, even though they were 10-20% more expensive compared to the same period of 2021, when there were more restrictions in force, due to the pandemic, both in Romania and other countries, said Traian Badulescu, a tourism consultant.   According to the spurce mentioned, Christmas prices started in Romania from 2,000 lei/room and for New Year's Eve they reached ...

Rasinari, the most attractive village in Romania in the world competition

Tuesday, January 10, 2023

Rasinari, Sibiu county, is the great winner of Romania in the second edition of the world competition ‘ BestTourism Villages’ launched by the World Tourism Organisation (OMT). The village was selected, according to the regulations, by the specialists of the Consultantive Council of OMT from over 130 applicants, coming from 57 countries.   Rasinari, with the title of ‘ Best Tourism Village’ becomes a ...

Alexandrion Royal Hotel in Sinaia to be opened by the Alexandrion Group in 2023

Tuesday, January 10, 2023

Alexandrion Group, the largest producer and distributor of spirits and sparkling wines in Romania and the only producer of single malt whisky in the country, announces that it will open its hotel from Sinaia in 2023. Classified in the 4-star category, the hotel will have a new, modern concept that will reflect the vision of the founding president of the Alexandrion Group, Dr. Nawaf Salameh and the group’s history, and will offer the guests a unique, ...

Agriculture: Agriculture Ministry collected almost 3 billion EUR from European Commission in 2022

Tuesday, January 3, 2023

The Ministry of Agriculture and Rural Development (MADR) collected , in 2022, 2.87 billion EUR from the European Commission, representing the European Union's contribution to the 2014 -2020 National Rural Development Programme (PNDR) funding, as well as the amount corresponding to the financing of direct payments and market measures.According to a MADR release, the MADR collected 253.25 million EUR, European funds, in the account opened at the National Bank of ...

Trade: Romanian consummers in urban areas pay more attention to budgets used for Black Friday purchases

Tuesday, January 3, 2023

Romanian consumers from urban areas have become more attentive with budgets for Black Friday purchases, proving high appetite for sales, according to a study made by Starcom Romania, a media agency.   The unstable economic environment has been a recent possible cause for this fact. According to a Starcom Romania survey, a person out of two stuck to the initial plan and ...

eCommerce market in 2022: Slowing growth, high competition, and more frugal consumers

Tuesday, January 3, 2023

After the pandemic, in which there was an unprecedented boom in online sales in Romania, in 2022, the ecommerce market registered a slower growth rate, being dominated by trends of “resettlement” in sales and “temperance” on the part of Romanian consumers, shows an analysis with the main conclusions of some of the most important providers of solutions for digital commerce. According to them, the ecommerce market was at the maximum ...

Tourism: Tourists increasingly interested in Danube cruises

Tuesday, January 3, 2023

Romanians have become increasingly interested in cruises on the Danube, the number of those who preferred to spend their vacations traveling on the water this year going up by approximately 20% against last year, the owner of a cruise ship on the Danube, Marius Crivtonencu said. The ship he manages was launched last year, in the Danube Delta, and offered stays of up to five days in the Romanian and Ukrainian Danube Deltas, and ...

Non-resident tourists arriving in Romania for business purposes spend 1.746 billion RON in first 9 months

Tuesday, January 3, 2023

Non-resident tourists arriving in Romania for business purposes spent, in the first nine months of this year, over 1.746 billion lei, and those arriving for private purposes 1.41 billion RON, according to the data centralized by the National Institute of Statistics.The total number of non-residents staying in collective tourist accommodation structures, between January and September 2022, was 1,167,400, and their expenses totaled 3.157 billion ...

Peak month for vacations, August, and for business trips, June and May

Tuesday, January 3, 2023

The peak month for holiday travel was, between January and September 2022, the month of August, both for domestic travel, with 20.8%, and for external travel, with 26.5% of the total of this type of travel, the National Institute of Statistics informs.In terms of business travel, the peak month was June for domestic travel, with 15.9%, and May for external travel, with 18.5% of the total of this type of travel, according to data centralized by the National ...

Real Estate: Real estate transaction market in 2022: Bucharest exceeded foreign capital for the first time

Tuesday, January 3, 2023

In 2022, two records are noted on the market of transactions with income-generating real estate assets in Romania: for the first time the Romanian capital exceeds the foreign capital (cumulatively) and a Romanian investor, Pav?l Holding (the owner of the Dedeman brand), made the largest real estate transaction, according to the analysis performed by Fortim Trusted Advisors, member of the BNP Paribas Real Estate ...

Infrastructure: Craiova, Sibiu airports receive 5.2 million lei state aids

Tuesday, January 3, 2023

 Minister of Development Cseke Attila said on Wednesday that in the Government meeting it was decided to allocate 5.2 million lei worth of state aid to the airports in Craiova and Sibiu, which had losses in the first 6 months of this year.He added that the rest of the airports that fell into the category with more than 200,000 passengers had no losses, as such they did not qualify to receive state aid."The total amount that is allocated for the ...

EU-funded contract worth almost 213 ml RON signed for expansion of Oradea Airport passenger terminal

Tuesday, January 3, 2023

General manager of the Oradea International Airport, Razvan Horga, signed on Thursday at the Transport Ministry headquarters the EU funding contract for an almost 213 million RON project to expand the passenger terminal, the Bihor County Council said in a release.Following the implementation of the project, the built area of the terminal will increase more than four times from the current 2,925 sqm to approximately 12,500 sqm.Funding will be provided ...

Ministry of Development allocates over 7bn RON for developing road, social infrastructure of several localities

Tuesday, January 3, 2023

The Minister of Development, Public Works and Administration, Cseke Attila, signed 11 contracts for financing road and social infrastructure and the activities of some companies from several localities, in a total amount of 7,068,480 RON, non-refundable funds, through the Regional Operational Program (POR).According to a press release sent on Tuesday by the Ministry of Development, Public Works and Administration, five signed contracts aim at the ...

Healthcare: Health Program 2021-2027: More than 700 million for infrastructure and services for chronic patients

Tuesday, January 3, 2023

The ministry of investments and European projects (MIIPE) sent data referring to the Health Programme for the period 2021 – 2027, which includes 700 million euro which will be used for chronic patients.   The quoted source said that investments in long term caring are one of the priorities of the Health Programme 2021 – 2027 and will be directed to the sanitary units which diagnose and treat chronic terminal ...

Tourism: Georgios Stafylakis (EOT): Over one million Romanian tourists visited Greece in 2022

Tuesday, December 20, 2022

The number of Romanian tourists who visited Greece this year exceeded one million, the double compared to the previous season, Georgios Stafylakis, the director of the Greek Tourist Organization (EOT) in Bucharest told Agerpres.   He pointed out that a normal number of tourists coming from Balkan countries is about 1.5 millions: “In the Balkan area, the normal number of tourists is about 1.5 ...

Foreign tourists spend over 609 million euros in Romania in first nine months of 2022

Tuesday, December 20, 2022

 The total number of non-resident tourists staying in collective tourist accommodation structures was 1.167 million, in the first nine months of the year, their expenses totaling 3.157 billion RON (rd 609 million euros), on average 2.704 RON/person, according to a press release from to the National Institute of Statistics, sent on Friday.(1 euro = 4.9206 RON)Professional and business trips represented the main reason for the stay spent by 51.5% of ...

Spa&balneo centre in Borsec, one of the most beautiful in Romania, officially opened

Tuesday, December 20, 2022

The FONTANA spa&balneo centre in Borsec, considered to be one of the most beautiful in the country, was officially inaugurated on last Thursday, in the presence of local and county authorities, as well as representatives of the Ministry of Entrepreneurship and Tourism and the Ministry of Health.At the opening event, the mayor of the resort, Mik Jozsef, said that after 12 years of waiting one of the most important moments in the recent history of Borsec has ...

Cars: Number of electric vehicles registered in Romania exceeds 10,100, in first 11 months 

Tuesday, December 20, 2022

A number of 10,140 electric vehicles were registered in Romania this year, and Dacia Spring model remains Romanians' favorite, according to an analysis carried out by one of the most important players in the area of electric mobility at the local level.According to the Lektri.Co Index, Romania's electric vehicles fleet exceeded 23,000 units, with 915 such vehicles registered in November, of which 12 were LCV commercial vehicles.With the 459 units ...

Turnover in vehicle trade up 5.4 pct, market services up 27.3 pct in first 10 months of 2022

Tuesday, December 20, 2022

 The volume of turnover in the trade of motor vehicles and motorcycles increased, as unadjusted series, by 5.4%, in the first ten months compared to the similar period of the previous year, and the volume of turnover in the market services provided to the population increased by 27.3%, according to data published on Thursday by the National Institute of Statistics (INS).Thus, in the period January 1 - October 31, 2022, year-on-year, the advance in the volume ...

Premium News

Daily

Friday, November 15, 2024

Financial & Banking

Monday, November 11, 2024

Economic

Tuesday, November 12, 2024

Companies

Wednesday, November 13, 2024

Energy & Environment

Thursday, November 14, 2024