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Bulgarians offer free accommodation nights for tourists who pay for PCR test
Tuesday, March 30, 2021
Bulgaria announced it would open the tourist season as of May1 and launched regulations for the functioning of hotels during pandemic. Romanians who purchase a sojourn in Bulgaria by April 30 will pay by 45% less if they also pay for a PCR test, while one of the hotel chains offers a free night fir holidays of at least 6 nights for tourists who pay for a PCR test. “When Greece announced the ...
Greek hotel group Zeus International has bought three hotels in the central area of Bucharest
Tuesday, March 30, 2021
Alpha Real Estate Services (ARES), a member of Alpha Bank Group, sold three iconic hotels in downtown Bucharest - Hotel Venetia, Hotel Central, and Hotel Opera - to Greek hotel management group Zeus International, which has been managing the three hotels for six ...
The hotel market could begin recovery in the second half of 2021
Tuesday, March 30, 2021
The hospitality industry was amongst the first industries affected by the coronavirus generated crisis, and it will be amongst the last sectors to recover. The road to recovery involves learning how to make the hotel experience a safer one and this year will bring fresh trends in the hospitality area – a concentration on minimizing food waste, care for green buildings and sustainability and locally produced products and a proactive interest for smart devices planned to ...
Infrastructure: Volume of goods loaded/unloaded in Romanian sea ports dropped by 11% in 2020
Tuesday, March 30, 2021
Goods loaded and unloaded in sea ports totaled 47.22 million tons last year, the total volume of goods marking a drop of 11.1% against 2019, according to data centralized by the National Statistic Institute.Container transport amounted to 643,000 TEU at 2020 level.Ports with the most intense activity in 2020 were: Constanta, with 83.5% share, Midia (9.6%) and Galati (5.1%). In the mentioned period solid ...
Search Corporation will build 6 road knots on A1 and A3 highways
Tuesday, March 30, 2021
The National Company of Administration of Road Infrastructure (CNAIR) signed a contract for the elaboration of a feasibility study and technical execution project for 6 road knots on A1 and A3 highways with the winner, Search Corporation.According to a company press release the contract value is 2 million euros, from European grants. The feasibility ...
Trade: Turnover in wholesale trade up 5.4pct in January
Tuesday, March 23, 2021
Wholesale trade (except for trade in motor vehicles and motorcycles) increased by 5.4pct, as gross series, in January this year, compared to the same period in 2020, according to data provided by the National Institute of Statistics (INS) on Wednesday.In this margin, there were increases recorded in turnover in: wholesale of computer and telecommunications equipment (+ 12.4pct), wholesale of food, beverages and tobacco (+ 11.1pct), wholesale of other ...
Reveal Marketing : 4 out of 10 Romanians consume wine at least once a week
Tuesday, March 23, 2021
* Research study on Romanians’ consumption behaviour regarding the wine category 4 out of 10 Romanians (39%) consume wine at least once a week, and 29% about 1-3 times a month. Red wine is Romanian’s favorite, being frequently consumed by 30% of ...
evoMag : Orders personally picked up by customers from showroom increase by 45 pct last year
Tuesday, March 23, 2021
The number of orders personally picked up by customers in the evoMag showroom increased by almost 45 pct in 2020 compared to the previous year, the retailer informs on Monday.Currently, three out of ten orders (30 pct) are picked up by customers directly in the physical presentation store, and the average deadline for handing over the products is five minutes.According to the source, last year the number of orders placed directly from the ...
Infrastructure: BLUE AIR to launch first ever direct service from Iasi to London Heathrow
Tuesday, March 23, 2021
Blue Air launches the first ever direct ultra low-cost service between Iasi and London Heathrow Terminal 2, introducing 3 weekly flights effective May 18th, 2021. The flights are already available for booking, with prices starting from 9, 99 euro / one way, and all reservations include one free change of travel dates. Blue Air will be linking Iasi to 14 new domestic and international destinations, by ...
PNRR: 5 billion Euro for railway and 4.5 billion Euro for roads and motorways
Tuesday, March 23, 2021
The National Recovery and Resilience Plan (PNRR) proposes a budget of 5 billion Euro for the railway transportation development and 4.5 billion Euro for roads and motorways.PNRR quotes the country report (2020), according to which reforming the railway sector has been lagging, modernizing and insufficient maintenance leading to a drop in trains' speed and affecting the delivery times of goods. Thus, Romania is under the European average for all analyzed categories ...
Healthcare: PNRR: EUR 3 bln for hospitals, increased health care access, EUR 700 ml for crisis resilience
Tuesday, March 23, 2021
The National Recovery and Resilience Plan (PNRR), discussed today in a first reading by the Government, includes an initial negotiating budget of EUR 3 billion for investments in hospitals and increasing access to health care.According to the document which is subject to public debate, the funds are proposed for the development of public health policies leading to increased access to prevention, diagnostic and early treatment services, through: the construction ...
Tourism : One-third of Romanians do not go to the food court in malls in theCOVID-19 context.
Tuesday, March 23, 2021
*Study by Reveal Marketing Research on Romanians’ consumption behaviour regarding shopping centers restaurants 90% of Romanians believe that the HoReCa industry has been greatly affected by the context of the pandemic. If before the pandemic, only 7% of people say they NEVER went to ...
Non-resident tourists in Romanian accomodation units spend 1.18billion lei in 2020
Tuesday, March 23, 2021
The number of non-resident tourists arriving in collective accommodation structures in Romania in 2020 was 452,000, and they spent a total of almost 1.18 billion lei, 2,609.7 lei per person, as an average, according to data provided by the National Institute of Statistics (INS).The official data reveal that, in Q4 of the previous year, the total number of non-residents accommodated in the tourist accommodation structures was 59,800, with total expenses of ...
Tourist accommodation capacity decreases by 27.8% last year
Tuesday, March 23, 2021
The tourist accommodation capacity in operation was in 2020 by 27.8% lower than the previous year, according to the data centralized by the National Institute of Statistics (INS).In 2020, the hotels held the largest share (60.1%) in the total tourist accommodation capacity in operation, followed by agritourism guesthouses (13.4%), tourist guesthouses (11.3%), tourist villas (4.4%), hostels (3.6%), motels (2.9%), and the rest of the types of tourist reception ...
Telecom.IT : Report: Telecoms advertising will grow at an average rate of 4.5% a year to 2023
Tuesday, March 23, 2021
Zenith predicts that telecoms advertising will grow at an average rate of 4.5% a year to 2023 as its recovers from an 8.7% decline in 2020, according to Zenith’s Business Intelligence – Telecommunications report. Telecoms adspend in the 12 key markets included in the report will rise from US$17.8bn in 2020 to US$18.7bn in 2021, and then return to ...
Real Estate: Over 24,000 dwellings in construction in Bucharest and its surroundings
Tuesday, March 23, 2021
Over 24,000 new residential units are under construction in Bucharest and its surroundings, according to the market report ”Romania Residential Market Genome 2021” released by real estate consultant SVN Romania. Significant developments are being registered also in other residential regional markets from Romania, such as Constanta, Brasov or Cluj – Napoca. Among the residential units under development in and around Bucharest, ...
Another 20,000 housing units to be delivered in Bucharest this year
Tuesday, March 23, 2021
Some 24,000 new housing units are in the pipeline for delivery in Bucharest, and 18,000-20,000 of them will be ready in 2021, local real estate agency SVN estimates. The figure is close to the 20,733 units delivered last year. Bucharest, including its outskirts, concentrated a third of the new housing units delivered in Romania last year, after an impressive 40% rise compared to ...
Cars: APIA:Almost 40% drop in automobile sales in Romania, after first two months of 2021
Tuesday, March 23, 2021
The sales of new automobiles in Romania has dropped by almost 40% during the first two months of this year, in comparison with the similar interval of 2020, according to the data published on Monday, by the Automotive Manufacturers and Importers Association (APIA).On the national market, after which, during the last 4 months of the year 2020, there were registered growths of vehicle registration, the year 2021 debuted with a significant drop in January ...
Turnover in trade with motor vehicles and motorcycles up 6.8pct in Jan
Tuesday, March 23, 2021
The volume of turnover in the trade with motor vehicles and motorcycles, gross series, increased by 6.8pct, in January this year against the same period last year, while the volume of turnover in market services provided to the population dropped 35.7pct, gross series, in the same period, according to the data published on Monday by the National Institute of Statistics (INS).INS data also show that in January 2021 compared to the same month in 2020, the ...
Real Estate: Demand for real estate valuation and consulting services remained constant during the pandemic
Tuesday, March 16, 2021
The valuation department of the real estate consulting company Cushman & Wakefield Echinox evaluated in 2020 over 350 properties with a total value of EUR 4.2 billion, while the research department provided consultancy to developers for the start of new projects with a market value of over EUR 250 million. The valuation department continued to work for some of the largest owners of real estate assets in Romania, ...