Economic
Romanians prefer Greece, Spain and Italy as summer holiday destinations
Tuesday, September 17, 2024
Romanians spent their summer holidays this year mainly in Mediterranean countries, with Greece, Spain and Italy at the top of the list, shows an analysis published on Monday by the online travel agency eSky.Thus, 31% of Romanians who have traveled with eSky.ro have organized their vacations in Greece, with the most popular locations being Crete, Corfu, Zakynthos, Agios Georgios (Santorini) and Mykonos.In Spain, Romanians spent their summer holidays on the Costa ...
Agriculture: 2024 Grape Production In Southern Romania May Drop Due To Climate
Tuesday, September 17, 2024
Harvesting has started much earlier in most of the country’s vineyards and, according to official estimates, it is possible that the total production of grapes in 2024 will have a notable decrease in the southern part of the country, according to specialists. According to the National Institute of Statistics, in 2023, compared to the previous year, grape production increased by 9.7%, as a result of the increase in the yield per hectare (+7.6%), ...
Imports of raw milk up almost 52pct in January-July
Tuesday, September 17, 2024
The processing units in Romania collected, in the first seven months of the year, a quantity of 757,915 tonnes of cow's milk, up 3.4% compared to the same period last year, while raw milk imports surged by 51.8%, totaling 83,061 tonnes, according to data published on Friday by the National Institute of Statistics (INS).The production of dairy products recorded an increase in all components during the mentioned period, respectively for drinking milk, drinking cream, sour ...
The pig livestock on May 1, 2024
Tuesday, September 17, 2024
The pig livestock existent on May 1, 2024 increased by 0.5% per total and by 1.2% for the breeding livestock compared to May 1, 2023, the Institute National Statistics (INS) data show. By analysing the distribution by development regions, it is noticed that the share of the pig livestock existent on May 1, 2024, compared to the same date of 2023, increased in the regions West (+0.9 pp.), Center (+0.2 pp.), Bucharest-Ilfov (+0.1 pp.), decreased in ...
Cars: On its 20th anniversary, Dacia launches the Logan XX limited anniversary series
Tuesday, September 17, 2024
Dacia is celebrating two decades since the sales debut of the first generation Logan with the launch of a limited anniversary series of its B-segment sedan. Entitled “Logan XX”, the fully-equipped limited edition is highlighted by a series of graphic elements with the number 20 in Roman numerals as the milk motif, the stylized shape of which evokes the repetitive pattern of Constantin Brancusi’s “Infinity Column”. This pattern is present on the exterior in ...
Infrastructure: Government allocates 573 million lei for road infrastructure projects from PNRR
Tuesday, September 17, 2024
The government allocated on Wednesday 573 million lei from the Budget Reserve Fund for projects in the field of transports, included in the National Plan for Recovery and Resilience (PNRR), said government spokesman Mihai Constantin, at a press conference held at Victoria Palace. In view of completing and closing sections from the road network current payments must be made for highways Buzau-Bucharest, Ploiesti-Buzau, Ficsani-Bacau, Buzau-Pascani, as ...
AIR FRANCE and KLM launch promo campaign for flights from Bucharest
Tuesday, September 17, 2024
At the beginning of autumn, AIR FRANCE and KLM invite all travel enthusiasts to explore the world at promotional prices. Until October 1, 2024, travelers can benefit from special fares to more than 50 destinations in Europe, the US, Canada and Asia. The promotion is valid for trips made between September 24 – December 12, 2024 and January 10 – March 31, 2025. Le Rendez-Vous by Air France: Discover America with promotional fares, ...
Trade: The retail turnover in July 2024
Tuesday, September 10, 2024
- Compared to June 2024, in July 2024 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased as gross series by 4.6% and as adjusted series according to the number of working days and to seasonality decreased by 1.8%. - Compared to July 2023, in July 2024 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased both as gross ...
Tourism : Number of arrivals and overnight stays in accommodation units in Romania, up seven months into 2024
Tuesday, September 10, 2024
The number of arrivals registered in tourist reception structures (including apartments and rooms for rent) in Romania totaled, in the first seven months of this year, 7.666 million people, an increase of 3.8% compared to the same period in 2023, while overnight stays increased by 3.4%, up to 15.975 million, according to the data published on Thursday by the National Institute of Statistics (INS).So, between January 1 and July 31, 2024, of the total number ...
Accor Announces The Debut Of Swissôtel Poiana Brasov
Tuesday, September 10, 2024
Accor hospitality group announces the opening of Swissôtel Poiana Brasov, introducing the Swissôtel brand to Romania for the first time. Located in the heart of Poiana Brasov, Romania’s most popular ski resort, the hotel is surrounded by the lush landscapes of the Postavarul Massif, making it an ideal escape for skiers, hikers, and nature enthusiasts. Swissôtel Poiana Brasov is ...
Cars: APIA: New vehicle registrations, down 23pct in August 2024
Tuesday, September 10, 2024
New vehicle registrations in Romania fell by 23% in August 2024, year-on-year, while the green vehicle segment declining 16%, of which full electric vehicles by 69%, according to statistics published on Thursday by the Association of Romania's Motor Vehicle Manufacturers and Importers (APIA).August 2024 witnessed a 24.5% decrease in new vehicle registrations, year-on-year, and a 27.2% decline on a monthly basisIn terms of market share, the ...
New car registrations up by 6.35 pct in first eight months, volume down by 22.64 pct in August
Tuesday, September 10, 2024
The number of new car registrations in Romania in the first eight months of this year reached 106,534 units, up 6.35% compared to the same period in 2023, according to data from the Romanian General Directorate for Driving Licenses and Vehicles Registration (DRPCIV), cited by the Romanian Automobile Manufacturers Association (ACAROM).According to the cited source, new car registrations fell by 22.64% to 9,972 units during the same period in 2024, compared to ...
Real estate: Average price of new houses went up to 1,709 euros/sq.m in Bucharest in semester 1
Tuesday, September 10, 2024
The average price of new houses in Bucharest went up to 1,709 euro/sq.m, in semester 1, 2024, on the rise by 29% compared to the same period of 2019, when it was 1,329 euros, said Razvan Ionescu, commercial manager at Imobiliare.ro. “Rising prices have not stopped in the last 5 years. There were times of uncertainty, but the increase was almost continuous and I have figures that show what happened ...
Companies Leased New Offices For Around 8,000 Employees During H1 2024
Tuesday, September 10, 2024
The net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Close to 77,000 sq. m of office spaces were leased in ...
Romanian real estate investment market could reach 1 billion euro this year
Tuesday, September 10, 2024
The Romanian real estate investment market could again reach the threshold of 1 billion euros in 2024, under the conditions in which the first half of the year ended with a total value of 419 million euros, according to the report made by Colliers consultants on the evolution of the real estate market in the first semester of this year."The first half of 2024 ended with real estate transactions worth a total of 419 million euros in Romania, which represents ...
Infrastructure: Passenger air transport grew by 5% in semester I, 2024
Tuesday, September 10, 2024
Passenger air transport went up by 4.9% to 11,839,500 passengers in semester 1, 2024, compared to the same period of 2023, when it recorded 11,287,100 passengers, according to data released by the National Statistics Institute. “Air transport is one of the most used transport means by passengers who want to travel long distances in a short period of time. This transport means is more often used on ...
Air freight services went up 7.4% in semester 1, 2024
Tuesday, September 10, 2024
Air freight services (including mail) went up by 7.4% in semester 1, 2024, compared to the same period of 2023, to 24,400 tons to 26,200 tons, according to INS data. The highest shares of air freight were registered at Henri Coanda-Bucharest, with 7,100 tons of freight loaded and 11,900 tons of freight unloaded; Avram Iancu, Cluj-Napoca – 1,800 tons of freight loaded and 2,000 tons unloaded and ...
Agriculture: Farmers says crop and sunflower crops to record high losses because of drought
Tuesday, September 3, 2024
Corn crops will record high losses this year, of over 30%, because of the drought, while sunflower crops will recorded losses to exceed 25%, with the situation in agriculture in terms of agricultural production being much worse than last year, the head of the League of Agricultural Producers Associations of Romania (LAPAR), Nicu Vasile, said."In my opinion, corn losses will be more than 30%. We are not doing very well with sunflower either. ...
Healthcare: National health care system expenses, up 4.7% in 2022
Tuesday, September 3, 2024
The national health care system as a whole recorded current expenditures of 80.56 billion lei in 2022, up 4.7% compared to the previous year, according to data from the National Institute of Statistics (NIS), published on Friday.According to the statistics, 77.8% of the sources of financing in the health sector, or 62.66 billion lei, were public funds.Thus, in 2022, current expenditure for health amounted to 80.56 billion lei, an increase of 4.7% compared to ...
Real Estate: One United Properties restored One Gallery, a multifunctional hall for theatre performances, cultural events, as well as a museum area
Tuesday, September 3, 2024
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is currently carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a sustainable mixed-use space. After restoration, it will open under the name One Gallery and will include, in addition to modern offices and a unique food market concept, ...