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Germany, third in the travel preferences of the Romanians
Tuesday, May 31, 2022
Germany is third in the travel preferences of the Romanians, and in 2021there were over 900,000 overnight stays of Romanian tourists and a percentage increase of 15% compared to the previous year, the marketing manager for Romania of the German Tourism Organization (DZT), Cristian Sallai, announced at a press conference.Approximately 37% of the visits of the Romanians to Germany have as destination holiday and free time, 32% travel for business and 30% visit their ...
A new Mercure hotel will open in Alba Iulia in Q2 2024
Tuesday, May 31, 2022
Accor, world–leading hospitality group, announces one more addition to its portfolio in Romania – the new Mercure Alba Iulia Cetate. The new development will be the first hotel in Alba Iulia, affiliated to an international chain and will be operational in the second quarter of 2024. The hotel will work in the framework of a franchise contract with a local investor part of Dentotal Group, a valued partner of Accor which already opened two hotels with the ...
Real Estate: Colliers report: Fewer and fewer Romanians afford to buy a new residence
Tuesday, May 31, 2022
Fewer and fewer Romanians afford to buy a new residence, taking into consideration that the prices grow sensibly more accelerated than that of salaries, due to the increase of prices for constructions materials and the present economic conditions, show the real estate consultancy company Colliers, according to which Cluj-Napoca remains the most expensive city in the country, where acquisition of an new standard apartment is the equivalent of an average salary for 12.5 years ...
Study: 77% of Romanians want offices with leisure options in areas surrounded by green spaces
Tuesday, May 31, 2022
Returning to the office and defining the future working style has changed employees’ perceptions of their office. Romanians want offices where they have options for networking and interacting both at work and in their free time, a trend that is increasingly visible around the world. Thus, for 77% of Romanian employees, the ideal office should be located in an area surrounded by green spaces, offering leisure facilities, according to a recent survey of 1,180 employees ...
Sustainability-certified buildings accounting for 88 pct of Romania's 2021 office building transactions
Tuesday, May 31, 2022
Romania's green office stock is significantly higher than anywhere else in Europe, given that 70 percent of its office buildings are green certified and 85 percent of the workspaces are classified as sustainable, real estate investment company CBRE said.According to the cited source, 88 percent of the domestic office building transactions last year involved properties with sustainability certifications, making the office segment the most representative when it ...
Agriculture: State aid: Commission approves EUR 300 million Romanian scheme to support agri-food entities in the context of the coronavirus pandemic
Tuesday, May 31, 2022
The European Commission has approved a Romanian scheme worth EUR 300 million (RON 1.5 billion) to support agri-food entities in the context of the coronavirus pandemic. The scheme was approved under the State ...
EnviMin: 19.8 ml cubic metres of legal timber harvested in Romania in 2021
Tuesday, May 31, 2022
The amount of legally harvested timber in Romania was 19.8 million cubic meters last year, and another almost 4 million cubic meters legally entered the country, Minister of Environment, Waters and Forestry Barna Tanczos told an online conference organized by WWF Romania on Wednesday."SUMAL 2.0 is an extremely complex timber tracking system developed following a lot of pressure from the civil society, at the insistence of the Environment Ministry and after a ...
Trade: Pandemic accelerated electronic trade: 85% of Romanians prefer online shopping
Tuesday, May 31, 2022
The pandemic accelerated electronic trade in Romania, which gained a tendency of getting in line with European market figures. Romanians prefer online shopping because they win time (85%), save money (69%) and are no longer stressed with going to the mall or supermarket. The study about the Romanian e-shoppers' behavior shows there are many indicators for which they exceed the EU ...
E-commerce sector in Romania may grow by 13-15% this year
Tuesday, May 31, 2022
The e-commerce sector in Romania may grow by 13-15% this year, compared to the 10% advance in 2021. There is an increase potential for the consumer base, said Florinel Chis, the CEO of the Romanian Association of Online Shops. “Once consumers saw how easy it was and what the benefits of online trade were, they continued to order. As a result we noticed the change of paradigm referring to payments ...
Cars: Half of Romanians want to buy electric cars to reduce costs
Tuesday, May 24, 2022
Half of Romanians want to buy electric cars to reduce the cost of fuel and protect the environment, but charging infrastructure remains the main reason for reluctance, according to a Deloitte release sent on Monday.Hybrid and electric cars are preferred by almost half of Romanian consumers (46%), who say they would choose such an engine for their future car, according to the Deloitte 2022 Global Automotive Consumer Study, conducted in 25 countries around the ...
PwC report: Green car sales continue to grow in Europe
Tuesday, May 24, 2022
Sales of green cars (hybrid, BEV/electric and PHEV/plug-in hybrid) in Europe accelerated by 13% in the first quarter of 2022, after a 6% increase in the final quarter of last year, as manufacturers continue to face component shortages, according to an analysis by Strategy&, the global strategy department of the PwC network. “Romania is following this European trend, with sales of electric cars increasing by more ...
Real Estate: Residential sales market will go through a period of stagnation and correction
Tuesday, May 24, 2022
* Tougher lending conditions, inflation, rising construction costs and the conflict in Ukraine are the four major factors influencing the evolution of the residential market. If after the first year of the pandemic the optimism in the residential real estate market had returned to pre-crisis levels, today this sector faces new challenges that may generate structural changes, which may have different implications ...
Colliers: The Bucharest office market recovery continued at the start of 2022
Tuesday, May 24, 2022
The first quarter of 2022 saw a delivery of a bit over 70,000 square meters in new modern office spaces in Bucharest, taking the overall stock closer to 3.3 million square meters. Despite the new uncertainties, caused by the pandemic, the shocks in the global economy and the Russian invasion in Ukraine, companies active on the Romanian real estate market went ahead with their leasing decisions, contracts were signed and ...
Tourism : Six beaches in Navodari, Mamaia, Eforie and Olimp awarded Blue Flag eco-label for 2022
Tuesday, May 24, 2022
Six beaches in the seaside resorts of Navodari, Mamaia, Eforie and Olimp - one more than in 2021 - were awarded the Blue Flag certificate for 2022 by the Environmental Education Foundation (FEE), the Ministry of Entrepreneurship and Tourism informs."Based on the provisions of Government Decision No. 335/2002 on specific measures for the implementation in Romania of the Blue Flag Program, with all subsequent amendments and additions, Romania, through the Ministry ...
Healthcare: Integrated Transplant Center to be built in Cluj with EUR 200 million
Tuesday, May 24, 2022
Cluj County Council announced on May 17 that the tender for the construction of an Integrated Transplant Center in Cluj would be launched this month. The investment is estimated at EUR 200 million.According to the local authorities, this is a unique project in Romania and Southeast Europe. "In the beginning, the costs of the actual construction of the only Integrated Transplant Center in the country and Southeast Europe ...
Infrastructure: Timisoara Airport’s new terminal to be completed by end-2023
Tuesday, May 24, 2022
The Traian Vuia International Airport of Timisoara, western Romania, will have a new passenger terminal for international departures. The design and construction contract was signed on May 17, and the Romanian builder must complete the works by December 31, 2023, transport minister Sorin Grindeanu said. The contract has a value of RON 88.99 million (some EUR 18 million), excluding VAT, and was awarded to the builder ...
Gov’t operationalized aid scheme for economic operators of road and freight transport
Tuesday, May 24, 2022
Prime Minister Nicolae Ciuca announced that the Executive operationalized the aid scheme for economic operators of road and freight transport ."The aim of the bill is to establish a state aid scheme to support enterprises affected by the crisis by mitigating the economic effects of the armed conflict in Ukraine. The proposed state aid scheme is not applicable to companies operating in the field of processing and trade of agricultural products. The measure ...
KEYSFIN ESTIMATE: THE TURNOVER OF local FREIGHT carriers, RECORD LEVEL of over LEI 75 billion IN 2021
Tuesday, May 24, 2022
The turnover of local freight carriers decreased marginally in 2020, by 0.7% compared to 2019, but remained 36% above the 2016 level, to almost lei 66 billion. “If in 2020 we saw the marginal decrease in turnover based on the change of consumer behaviour (more food retail items at the expense of durable goods) generated by the COVID-19 pandemic, for 2021 we estimate not only a recovery, but a significant advance ...
Oradea Airport resumes flights
Tuesday, May 24, 2022
Bihor County Council announced that passenger flights at Oradea Airport in northwest Romania resumed this past Sunday. Flight operations were suspended between May 2 and May 15 due to work on the taxiway connecting the airport runway to the future cargo terminal. According to the quoted source, more than 60 meters of the new taxiway's 276 meters have been completed. "In the last two weeks, work has been done at a very ...
Telecom. IT: Number of fixed Internet connections exceeds 6 M threshold
Tuesday, May 24, 2022
The number of fixed internet connections exceeded the 6 million threshold in the second half of 2021, which means that three quarters of households benefited from fixed internet at the end of the year, according to a report of the National Authority for Administration and Regulation in Communications (ANCOM).Of the 410,000 new connections in 2021, the activation of 250,000 connections in rural areas has led to the penetration of 64pct of households, compared to ...