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Maritime freight transport down by 3.1 pct overall in Q1, 2021

Tuesday, June 15, 2021

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 Maritime port freight recorded a decrease of 3.1% in the first quarter of 2021 compared to the similar period of 2020, in the context in which there was an increase of 0.5% in the volume of goods unloaded and a decrease of 6.3% in those loaded, according to data centralized by the National Institute of Statistics (INS)."The decrease by 3.1% of the total volume is caused by the 21.4% decrease registered by national transport and the 14.4% decrease of transit transport; ...

Tourism : Hospitality industry 2020 numbers: 35 pct plunge in turnover, 19 pct fall in headcount

Tuesday, June 15, 2021

The turnover of the hospitality industry plunged 35 percent in 2020 from 27.5 billion lei in 2019 to 17.9 billion lei as a result of the pandemic, shows a survey by the Termene.ro platform based on the financial statements reported by Romanian companies.The headcount in the hotel and restaurant industry dropped 19 percent in 2020 from 186,000 to 150,000 and the cumulative net losses in the industry surged by 220 percent in 2020 to 2.3 billion lei, compared to 710 million lei in ...

Hotel chain Continental brings four former Ibis units under own brand

Tuesday, June 15, 2021

Continental Hotels, the largest Romanian hotel chain, has completed the rebranding operation of four hotels in the company's portfolio upon a EUR 6.85 mln investment project.   The four have previously operated for 20 years under Accor's Ibis brand, but the contract was terminated by mutual agreement last ...

Real Estate: HAVI Logistics opening distribution centre în Chitila, near Bucharest

Tuesday, June 15, 2021

German-based supply chain managing company HAVI Logistics will open a distribution centre in its logistics hub in Chitila, near Bucharest, London-listed Globalworth Real Estate Investment said on last Thursday.   The distribution centre, HAVI's largest in Romania, will spread on a total area of 21,000 sq m that will include temperature-controlled spaces, storage areas and offices, Globalworth said in a press release.   "We ...

Romania is the third-biggest industrial/logistic destination in the region

Tuesday, June 15, 2021

Romania is the third market in Central and Eastern Europe, after Poland and the Czech Republic, and it stands very good outlook for further development, according to Rodica Tarcavu, Partner Industrial Agency, Cushman & Wakefield Echinox attending a conference dedicated to the sector.   She expressed expectations for a stock of 6 million square meters in the country, with a high concentration in the Bucharest area covering almost 50%.   At the ...

Healthcare: HealthMin: In PNRR we centralized projects worth 8.1 billion euro in hospital infrastructure

Tuesday, June 8, 2021

Health Minister Ioana Mihaila said, on Sunday, in Dumbraveni, that as part of the National Plan for Recovery and Resilience (PNRR) projects for hospital infrastructure worth 8.1 billion euro have been centralized and the priority will be with those projects that respond to the people's need for medical services and which "fit the budget"."I am not opposed to any hospital infrastructure project. It's very clear that the need for hospital infrastructure is ...

Real Estate: Investments in real estate market down by 50 pct in first quarter

Tuesday, June 8, 2021

The volume of investments on the real estate market of Romania was around 74 million euro in the first quarter of this year, by approximately 50 pct less than in the similar period of last year, yet estimates for the entire year indicate an investment volume of over 700 million euro, according to Bucharest City Report Q1 2021, carried out by JLL.According to developers, the office sector continues to be the most liquid, representing approximately 50 pct of the ...

Trade: Survey: 60% of Romanians consider breakfast very important and 54% eat dairy products in the morning

Tuesday, June 8, 2021

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60% of Romanians consider breakfast very important and 54% eat dairy products in the morning; 22% of those who eat breakfast choose at least a dairy product in the menu, adults prefer yogurt, children like cereals and milk, while milk and coffee is the most used beverage based on milk, according to a survey made by the research company Epiphany for FrieslandCampina Romania, released on June 1, the International Milk ...

Romanians spend on average by 9.2 pct more on one online shopping cart, Y-o-Y

Tuesday, June 8, 2021

Romanians spend on average by 9.2% more on an online shopping cart compared to last year and prefer shopping on their mobile phones, according to an analysis conducted by a technology company.Thus, there is a continuation of the online shopping trend, a trend strongly accelerated by the pandemic, with a preference for shopping on their mobile phone, but also an increase in the value of the shopping cart. According to the data available on the affiliate marketing ...

Infrastructure: CFR Passengers announces 10% cuts for European travels by train

Tuesday, June 8, 2021

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Tickets for train travels from Romania to Europe can be bought with 10% price cuts for first and second class, according to the press release made by CFR Passengers on Friday.   “In the context of the European Railway Year for holidays by train at attractive prices, CFR Passengers recommends Interrail Pass, with 10% price cuts in June, for both variants of the offer: Interrail Global Pass and ...

PNRR – 7.62 billion euros for transport infrastructure – 434 km highway built, 311 km railway modernized

Tuesday, June 8, 2021

An amount of 7.62 billion euros was foreseen in PNRR for transport infrastructure, the project being 434 km of highway built until 2026, 311 km of modernized railway and 12.7 km of new underground network.   “According to the latest report on the stage of transport infrastructure at EU level (European Transport and Infrastructure Score Board 2019), Romania is below the European average in all ...

Ryanair adds Bucharest-Sofia route to its 2021 summer schedule

Tuesday, June 8, 2021

Low-cost airline Ryanair said it would introduce a route from Bucharest to Sofia flying two times a week from August. It is part of the carrier’s Romanian Summer ’21 schedule.   “As vaccination rollout programs continue in the coming months and with the summer season just around the corner, we are delighted to announce this new route from Bucharest to Sofia, operating two flights a week from August as part ...

Telecom. IT: Internet traffic in Romania's fixed networks rises by 50% in 2020

Tuesday, June 8, 2021

The fixed internet traffic volume increased by a record rate of 51% in 2020, while mobile internet traffic volume increased by 30%, at a slower pace compared to previous years, the National Authority for Administration and Regulation in Communications (ANCOM) announced.   Three-quarters of the new fixed internet connections in 2020 were installed in rural areas, reflecting the continued reduction of Romania's connectivity ...

Cars: New car registrations in Romania, up 18.7pct in May 2021

Tuesday, June 8, 2021

 More than 10,190 new motor vehicles were registered in Romania in May 2021, up 18.7% y-o-y, according to data with Driving Licences and Car Registration Directorate (DRPCIV), cited by the Association of Romania's Automobile Manufacturers and Importers (APIA).According to official data, out of the total registrations reported in May, 8,221 units were new personal cars, which increase compared with the similar month of the previous year is almost ...

Tourism : April's arrivals in Romania's tourist accommodation establishments 26.6 times higher YoY

Tuesday, June 8, 2021

- Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 26.6 times, while the overnight stays increased by 18.9 times in April 2021. - Compared to April 2020, in April 2021 customs registered an increase in the arrivals of foreign visitors of 129.2% and an increase of 335.3% in the departures ...

Trade: Value of the Romanian e-commerce market reaches 5.6 billion euros in 2020

Tuesday, June 1, 2021

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Romania became, last year, the leader of the European Union in terms of the growth rate of electronic commerce, and the value of this market reached 5.6 billion euros, according to data published on Monday by representatives of a European fintech.The report drawn up by ZEN.com shows that, although most Romanians prefer to order from domestic e-shops, many are attracted by cross-border platforms, due to low prices and good offers."Currently, Romanians who buy goods ...

Study: În Romania, cooking was a hobby and a reason to socialize in the pandemic

Tuesday, June 1, 2021

According to the study “The impact of the COVID-19 pandemic on food consumption”, conducted by Starcom Romania, Romanians have been thoughtful about food spending in the last year and have continued to buy familiar brands. At the same time, they became more aware of what they ate and bought healthy foods: almost 90% of them avoided products with artificial additives, 86% used natural or organic ingredients when preparing food, and 82% avoided carbonated drinks. The new study is ...

Agriculture: Over 600,000 subsistence farmers own around 50 pct of agricultural area

Tuesday, June 1, 2021

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Over 600,000 farmers in subsistence agriculture own around 50 pct of the agricultural area of the country, but achieve 10-15 pct of the agricultural production, said, on Tuesday, the chair of the Committee for Agriculture of the Chamber of Deputies, Adrian Chesnoiu."Romania is a country that is divided in three categories, I am referring mainly to the vegetable agriculture area. The first category would be subsistence agriculture. On the basis of data we hold, we have over ...

National forest fund up by 0.2 pct in 2020, volume of harvested wood, up by 4 pct

Tuesday, June 1, 2021

The National Forest Fund registered an increase of approximately 0.2% in 2020, compared to the previous year, while the volume of harvested wood increased by 4%, according to data published on National Institute of Statistics (INS).As of December 31, 2020, the forest fund area was 6,604,206 hectares (+11,976 hectares as compared to 2019), of which the forest area totaled 6,449,417 hectares. This year the latter registered an increase of approximately 0.3% compared to the previous ...

Healthcare: Gov't approves memorandum regarding agreement on loans to be borrowed from EIB

Tuesday, June 1, 2021

 The government approved the memorandum regarding the agreement for contracting two loans from the European Investment Bank (EIB), in order to build the regional hospitals Cluj and Craiova, according to a press release of the Ministry of Finance (MF).Thus, during the Government meeting of May 27, 2021, the memorandum on the agreement in principle for contracting the two loans, worth about 480 million euros, with the European Investment Bank, was approved. The ...

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