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Bucharest Velo Masterplan proposes 150 km main network, 400 km secondary network, set up in next 10 years
Tuesday, August 27, 2024
The Velo Masterplan for Bucharest, which has reached the final stage of consultation, foresees a main network of bicycle tracks, which will total a number of 150 kilometers, during the next five years, Radu Andronic, the representative of FIP Consulting, told a press conference on Wednesday.Almost 400 kilometers of secondary network could be added to them, which can be realized with the involvement of the sector municipalities, in the next ten ...
Telecom. IT: 40% increase in number of security incidents on telecommunication networks in 2023
Tuesday, August 20, 2024
The number of security incidents that affected mobile phone and mobile internet connections in 2023 increased by 40% compared to the previous year, according to a report published by the National Communications Administration and Regulation Authority (ANCOM).According to centralized data, over the past year there has been significant variation in the average number of affected connections per service type, with a decrease for fixed telephony and Internet ...
Real Estate: ANCPI: 19% more homes sold in Bucharest in July 2024 compared to July 2023
Tuesday, August 20, 2024
• According to data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 4,521 real estate units were sold in Bucharest in July 2024. • Sales data highlights the high demand for new homes and the need for residents of the Capital to increase comfort and secure their investments. • North Bucharest Investments (NBI): The company recorded 116 transactions ...
Real estate investment market sentiment positive in 2024
Tuesday, August 20, 2024
Romania’s commercial real estate investment market has the potential to exceed last year’s result of EUR 500 million, with around 70% of this volume having already been closed in the first half of the year. This year, the market seems to be more balanced as transactions involving industrial and retail assets are taking place alongside offices and hotels. In the previous years, dealmaking had been driven ...
Trade: Retailers pushing expansion pedal in Romania
Tuesday, August 20, 2024
Romania’s retail market remains in growth mode this year after posting a multi-year record of deliveries during 2023, in both the retail park and shopping mall formats. The largest project completed in the year to date was a shopping mall in a regional city, while the current development pipeline is focused on secondary or tertiary cities. Retail projects totalling more than 100,000 sqm are scheduled to be completed ...
Infrastructure: The Tarom company will no longer operate flights to and from Heathrow Airport - London, starting from October 27
Tuesday, August 20, 2024
TAROM has sold its landing and take-off slots at the UK’s Heathrow Airport to Qatar Airways, according to Boardingpass. Thus, the ...
Agriculture : Romania imported almost four times more wine in 2023 than it exported
Tuesday, August 13, 2024
Romania has imported wine worth 268.4 million euro and exported worth 72.5 million euro, 3.7 times less, according to an analysis made by Wines of Romania, platform dedicated to the promotion of the Romanian wine, on the basis of the data from the National Institute for Statistics.According to a press release sent by Wines of Romania, the final figures for 2023 show a slight increase both ...
Strong pedological drought in non-irrigated corn culture, in almost all agricultural regions of Romania
Tuesday, August 13, 2024
The strong pedological drought will be maintained in the non-irrigated corn crop, in most of the country's agricultural regions, where the water content, at the soil depth of 0-100 cm, will present low and particularly low values, informs the agrometeorological forecast issued by the National Meteorological Administration (ANM) for the period August 8 - 14, 2024."In the non-irrigated corn culture, at the soil depth of 0-100 cm, the water content ...
Trade : E-Commerce market to hit €10B by 2025
Tuesday, August 13, 2024
The e-commerce market in Romania is estimated to reach 10 billion euros, by 2025, according to the data collected by Exorigo-Upos, the Polish company that provides IT technology solutions for the retail sector. The e-commerce sector has reached approximately 7 billion euros at the end of 2023, the value being circa 10% higher than that recorded in 2022, 6.3 billion euros. E-commerce share of the total retail ...
Tourism : 764,573 tourist arrivals in the capital in the first five months of 2024
Tuesday, August 13, 2024
The number of tourist arrivals in the capital was, in the first five months of 2024, 764,573, the highest number of arrivals being recorded in May, namely 173,805 and the lowest in January – 121,772, according to the data centralized by the National Institute for Statistics (INS).According to INS, most arrivals, namely 642,317(84% of the total) were registered in hotels, followed by apartments and rooms to rent, with 98,838 arrivals (13% ...
Arrivals in tourist reception structures, up by 3% six months into 2024
Tuesday, August 13, 2024
Arrivals registered in tourist reception structures, including apartments and rooms for rent, between January 1 and June 30, 2024, totaled 5.786 million people, up 3% compared to the corresponding period in 2023, according to data from the National Institute of Statistics (INS), published on Monday.Of the total number of arrivals, in the first semester, the arrivals of Romanian tourists ...
Infrastructure :New Romanian low-cost carrier Bees Airlines launches regular flights
Tuesday, August 13, 2024
Newly created low-cost airline, Bees Airlines Romania, has launched regular flights in August 2024, https://www.aerotime.aero/ informs. The new carrier trades under the “Bees Airlines” brand, which was previously used by another startup airline that operated briefly in Ukraine between 2021 and 2022. This airline ceased operations as a result of ...
Over 781 km of highways and express roads in construction, 518 km in execution stage
Tuesday, August 13, 2024
The National Company Managing Road Infrastructure (CNAIR) has 781.38 km in construction, of which 263.43 km in the design stage, 517.95 km in execution stage, according to data issued for the press. On Highway 0, lot 3 South Bragadiru – Joita (17.965 km) is in the execution stage, lot 1 North Joita- Corbeanca (17.5 km) in design,lot 3 North Afumati- Pantelimon (8.60 km) in execution stage, while lot 4 ...
Cars : New registrations of road vehicles for passenger transport up by 17.3% in Q2
Tuesday, August 13, 2024
New registrations of road vehicles for passenger transport increased by 17.3% in the second quarter, compared to the same period in 2023, according to data published on Monday by the National Institute of Statistics (INS).According to statistics, in the analyzed period, new registrations of vehicles for the transport of goods also increased by 17.3% compared to the second quarter of the previous year.At the same time, the share of ...
Telecom.IT : National coverage of FTTH/B technologies exceeding 93pct in Romania
Tuesday, August 13, 2024
Romania's coverage with fibre optic technologies capable of providing broadband electronic communications services of at least 1 Gbps is exceeding 93%, according to a survey by ANCOM on determining local coverage area of fixed public electronic communication networks, capable of providing broadband electronic communications services.From providers' reports, based on which the survey was conducted, it also appears that the population of 1,635 ...
Real Estate : Deloitte Study: Romania maintains third position in the top of the European countries with the cheapest new housing
Tuesday, August 13, 2024
Romania maintains the third position in the top of the European countries with the cheapest new housing, after Bosnia and Herzegovina and Greece, with an average price of 1,504 EUR/sqm in 2023, slightly up from 1,461 EUR/sqm in 2022, according to Deloitte Property Index ...
The Real Estate Transaction Volume In Romania Increased By 131% Y-O-Y During H1 2024
Tuesday, August 13, 2024
Romania saw a 131% year-on-year growth in real estate transaction volume during H1 2024, reaching €418 million—the highest growth rate in Central and Eastern Europe (CEE). This surge places Romania third in the region, behind Poland and Czechia, and ahead of Hungary and Slovakia. The retail and industrial sectors drove 90% of this volume, while office transactions represented just 4%, according to Cushman & Wakefield ...
Infrastructure: A new company to deal with large investment projects in road infrastructure no longer necessary
Tuesday, August 6, 2024
The establishment of a new company to deal with large investment projects in the road infrastructure is not necessary anymore, in the conditions in which all the projects included in the operational programmes and in the National Recovery and Resilience Plan (PNRR) are implemented or in the process of being implemented, stated in an interview granted to Agerpres, the general director of National Road Infrastructure Administration Company, ...
Wizz Air to fly from Bucharest to Malmo, Salerno from October
Tuesday, August 6, 2024
The Wizz Air airline will fly from Bucharest and Iasi to Malmo, Sweden, and from Bucharest to Salerno, Italy, from October 2024 according to a press statement released on Friday.From October 29, 2024, Wizz Air will operate flights from Bucharest and Iasi to Malmo twice a week, on Tuesdays and Saturdays, at fares starting at RON 99.Also on the same date, Wizz Air will connect Bucharest to the Italian city of Salerno three times a week, on Tuesdays, Thursdays and ...
Tourism : Survey: Eforie Nord, Eforie Sud tied at the top of Romanian seaside vacationers' preferences
Tuesday, August 6, 2024
The seaside resorts of Eforie Nord and Eforie Sud top the preferences of Romanian Black Sea vacationers with 24.4 percent of the votes, followed by Mamaia with 20.7 percent, shows a survey by online booking platform Travelminit.ro.The resorts of Venus, Saturn and Jupiter, along with the traditional destinations Neptun and Olimp also scored high. Romanians prefer these destinations either because they love the beach (30.3 percent), or because of the advantageous ...