Economic
The brewing market remained stable în 2021, with -0.7% decrease, which means 16.6 million hl volume
Tuesday, April 12, 2022
In terms of packaging, the beer market is slowly but surely returning to pre-crisis trends, glass is rising and PET is declining. In Covid-19 context, Romanians preferred one use packaging: non-returnable glass, plastic or can The share of the HORECA sector in beer sales decreased to 8% in 2020, from 15% the previous ...
Real Estate: Retail developers maintain their focus on regional cities for new projects
Tuesday, April 12, 2022
In the first three months of 2022 almost 20,000 sq m were added to the modern stock, representing barely 12% from the total stock expected to be delivered by the end of the year More than three quarters of the pipeline will be delivered in regional cities, with Alba Iulia at the forefront +10 new brands have already announced or already ...
More than 72,000 dwellings were delivered in 2021 in Romania
Tuesday, April 12, 2022
72,522 units were delivered across Romania in 2021, a record level on the residential market since 1989, marking a 7% increase compared with 2020, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company based on county statistical data released by the National Institute of Statistics. An annual average of approximately 60,100 new dwellings were delivered ...
Bucharest modern office stock reached 3.27 mln. sq m in the first quarter of 2022
Tuesday, April 12, 2022
At the end of the first quarter of 2022, the Bucharest modern office stock reached 3.27 mln. sq m after the delivery of three new buildings with a combined gross leasable area (GLA) of 73,500 sq m. From the total new supply, the Center-West sub-market claimed the largest share, respectively 43% with Sema Park II – Oslo & London office building developed by River Development. Together with Forte ...
Infrastructure : State aid: €1 million Romanian scheme to support airlines starting operations at Arad airport
Tuesday, April 12, 2022
The European Commission has approved a €1 million Romanian scheme to support airlines starting operations at Arad airport in the context of the coronavirus pandemic. The scheme was approved under the State aid Temporary ...
Tourism: Romania planning to promote customised tourism offers in Germany, with emphasis on spa and health segment
Tuesday, April 12, 2022
At a meeting with German ambassador Peer Gebauer, Minister of Entrepreneurship and Tourism Constantin-Daniel Cadariu proposed the signing of a Memorandum of Understanding for bilateral tourism cooperation as a way of maximizing mutual tourist flows, the Tourism Ministry informs in a release.The April 5 meeting was also an occasion for the sides to highlight the importance of cooperation between the two states as well as opportunities to intensify and extend ...
Telecom.IT: About 6,1 million fixed internet connections were at the end of 2021, up by 7%
Tuesday, April 12, 2022
About 6,1 million fixed internet connections were at the end of last year, up 7 per cent, according to preliminary data, and of these, 3,9 million were in the urban environment, the executive director of the national Authority for Communications Administration and Regulation (ANCOM), Cristin Popa, said on Tuesday. He said that 85% of fixed internet connections allow download speeds above 100 ...
Agriculture: Less performance agriculture in Romania; a quarter farms disappeared over 10 years
Tuesday, April 12, 2022
The Farmers' Association of Romania (AFR) says that fewer farmers do performance agriculture in Romania, while provisional data of the Farming Census show that more than a quarter of farms disappeared between 2010 and 2020. “In 2020, there were 2,887,000 farms in Romania which used 12.8 million ha of farming land. The provisional data of the General Farming Census 2020 show that over ten years, ...
Cars: Number of new cars registered in Romania, in March, up 35.2pct compared to March 2021
Tuesday, April 5, 2022
More than 13,000 new vehicles were registered in Romania in March this year, by 35.2pct more than in the same month of 2021, according to preliminary data published by the Automotive Manufacturers and Importers Association (APIA).Of these, 11,025 were passenger cars, an increase by 40.2pct compared to March 2021.The top 5 brands are Dacia (2,495 units), followed by Ford (1,060 units), Toyota (865 units), Hyundai (863 units) and Skoda (805 ...
Tourism : 93% of the touristic voyages made in 2021 were for holidays
Tuesday, April 5, 2022
The number of the touristic voyages made by residents in 2021 was 17,861,300, the share of the voyages for holidays out of the total being 93.0%, for business and professional reasons -2.2% and for other reasons (religious pilgrimage, medical treatment, etc.) -4.8%, according to the data centralized by the National Institute for Statistics.Most voyages made in 2021 were 1-3 nights, 62% out of ...
Arrivals in tourist accommodation units up 16.1pct in February
Tuesday, April 5, 2022
Arrivals in tourist accommodation structures increased by 16.1pct, in February 2022, compared to February 2021, and overnight stays by 15.6pct, according to the National Institute of Statistics (INS).Thus, the arrivals recorded in the tourist accommodation structures in February 2022 amounted to 578,000 people, with the arrivals of Romanian tourists representing 88pct of the total, while the arrivals of foreign tourists, only 12pct.The overnight ...
Official: The year 2022 will represent the peak of tourist activity
Tuesday, April 5, 2022
The Minister of Tourism, Daniel Cadariu, estimates that the year 2022 will represent the peak of tourist activity, even in the context of the armed conflict in Ukraine, because people are eager to return to normality, after two years of pandemic."I am expecting, even if we are in this situation of armed conflict at the border, that 2022 will represent the peak regarding tourist activity, because we are after two years of pandemic, and people are eager to ...
Action Plan for capitalizing on cultural heritage to increase tourism competitiveness
Tuesday, April 5, 2022
The Ministry of European Investment and Projects (MIPE) published on Thursday, March 31, the joint order of the Minister of European Investment and Projects, the Minister of Entrepreneurship and Tourism and the Minister of Culture on the approval of the Cultural Heritage Action Plan in order to increase the competitiveness of the Romanian tourism sector for the period 2022-2026.The approval of the Plan also represents the achievement of milestone 327 related to ...
Agriculture: Agricultural production up in grains, oily plants, grain legumes, in 2021
Tuesday, April 5, 2022
- The cultivated area in 2021, compared to 2020, decreased for cereals for grains, dried pulses, potatoes and vegetables and increased for oilseed crops. - Compared to the previous year, the crop production increased in 2021 for cereals for grains, oilseed crops and dried pulses and decreased for potatoes and vegetables. The agricultural production increased in 2021 compared to ...
Gov't approved memorandum on budget of Rural Invest program: supports agriculture, food industry
Tuesday, April 5, 2022
The Government will approve a memorandum on the budget of the Rural Invest program, intended to support Romanian agriculture and the food industry, in order to become more competitive, Prime Minister Nicolae Ciuca said on last Wednesday."In the economic field, we will ensure access to financing for agricultural enterprises. With this decision, we practically want to encourage business in rural areas. Through the memorandum that we will approve today, the ...
Romanian farmers to get access to irrigation water earlier than in other years
Tuesday, April 5, 2022
Romanian farmers in areas suitable for irrigation will have access to water earlier this year than in other years, given that there was a dearth of rainfall over the winter, Minister of Agriculture and Rural Development Adrian Chesnoiu said on Wednesday."We have taken all the necessary steps to make sure that farmers in areas suitable for irrigation have access to water earlier than in previous years, given that over the winter we faced a dearth of rainfall. ...
Healthcare: Opinion: Romania's healthcare system needs consolidation, research investment
Tuesday, April 5, 2022
One of the important lessons of the COVID-19 pandemic is that the healthcare system should be consolidated, presidential adviser Diana Paun said on Tuesday during a "Health and Pharma" video conference."One of the important lessons of the healthcare crisis is that the healthcare system should be reinforced. That issue should be a priority on the reconstruction agenda. Health has proven to be very important to all of us, and the healthcare system is one of ...
Real Estate: Romanian real estate market has been able to neutralize the imbalances caused by the pandemic
Tuesday, April 5, 2022
The local real estate market has rapidly adapted to the new social and business environment, largely countering the imbalances stemming from the restrictions imposed during the state of alert, according to the “Opportunities ...
Infrastructure: Wizz Air assigns 12th aircraft to Bucharest base and introduces two new routes
Tuesday, April 5, 2022
Wizz Air will continue to expand operations in Romania with the addition of a new aircraft to its base in Bucharest and the introduction of two new routes to Greece and Italy, Evelin Horvath, acting network officer, announced on Wednesday in a press conference."We are pleased to announce two new routes in Romania, as well as the twelfth aircraft in the base in Bucharest. This marks an important milestone for the Romanian network as we continue to expand and ...
Port Constanta may waste chance to ship Ukraine's exports due to poor railway connection
Tuesday, April 5, 2022
Ukraine is in talks with Romania on shipping its farming exports via the Romanian Black Sea port of Constanta, as Russia's invasion has blocked off Ukrainian ports, Ukraine's agriculture ministry said in a statement ...