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Tourism : Romania lags behind in Europe's tourism: Only a quarter of Romanians go on vacation
Tuesday, December 24, 2024
Romania is among the European Union countries with the lowest proportions of citizens going on vacation, as last year only 25% of Romanians aged over 15 spent at least one night in an accommodation unit compared to the EU27 average of 63% for the same age category, shows the Social Monitor, a project of the Friedrich Ebert Romania Foundation.According to the cited source, the data refer to the official statistics recorded by Eurostat.In terms of tourism, ...
Foreign tourists spent more than 5 B RON in Romania January through September
Tuesday, December 24, 2024
Non-resident tourists accommodated in collective tourist accommodation units spent an average of 2,982.8 RON/person in the first nine months of the year, the main reason for their stay being business trips, according to data released by the National Institute of Statistics (INS).In the third quarter of the year, non-resident tourists accommodated in collective tourist accommodation units spent an average of 2,811.5 RON/person.During the period January 1 - ...
Cars: Statistics: Vehicle trade business up 2.4pct ten months into 2024
Tuesday, December 24, 2024
The volume of turnover in wholesale and retail trade, maintenance, and repair of motor vehicles and motorcycles, as a gross series, recorded a 2.4% increase in the first ten months of this year compared to the same period in 2023, according to data the National Institute of Statistics (INS) published on Wednesday.According to the official statistics, during the period from January 1 to October 31, 2024, as part of the business growth in vehicle trade, positive results ...
Trade: Romania leads EU non-food retail growth, with consumption at historic highs
Tuesday, December 24, 2024
The level of consumption reached a historic high in 2024, and the market continues to present important growing opportunities, if the present trend is kept, say the experts Colliers in an analysis of the retail market.According to a press release of the company, acquisition of non-food goods increased by approximately 13% this year against last year, getting to values with 60% higher than the average between 2018 – 2019, ...
E-commerce in Romania reaches 11.7 billion euro in 2024
Tuesday, December 24, 2024
The value of electronic commerce in Romania represents 3.4% of the Gross Domestic Product (GDP) this year, equivalent to 11.7 billion euro, according to a report by the Romanian Association of Online Stores (ARMO), which quotes estimates from the European E-commerce 2024 report.According to an ARMO press release, Romania ranks third in Central and Eastern Europe, after Poland and the Czech Republic."The development of electronic commerce reflects the ...
Tourism : Harghita County awarded title of European Region of Gastronomy in 2027 by IGCAT
Tuesday, December 17, 2024
Harghita County will be the European Region of Gastronomy in 2027, according to the official decision of the International Institute of Gastronomy, Culture, Arts and Tourism (IGCAT), announced the Harghita Intercommunity Development Association (Visit Harghita) in a press release."In 2027, Harghita County will bear the title of European Region of Gastronomy, according to the official decision of IGCAT (International Institute of Gastronomy, Culture, ...
Christian Tour Acquires TUI Travel Center Romania
Tuesday, December 17, 2024
The travel agency Christian Tour is taking over the agency network of TUI Travel Center Romania, thus becoming the company with the largest number of physical agencies, nationally, the company announced on Wednesday. The transaction exceeds 1 million euros and will be completed by December 31, as part of Christian Tour’s strategy to prepare for listing on the stock ...
Agriculture: Animal slaughter, meat production increase for all species and poultry in October
Tuesday, December 17, 2024
The number of animal slaughters and carcass weight (production) increased for all animal species and poultry in October this year, compared to the same period in 2023, according to provisional data the National Institute of Statistics (INS) published on Tuesday.Thus, during the analysed period, 43,000 cattle were slaughtered (compared to 40,000 cattle in October last year), 343,000 pigs (vs. 302,000 in the previous year), 322,000 sheep and goats ...
Real estate: Bucharest and Cluj rents, among the highest in Europe
Tuesday, December 17, 2024
The price of rents are growing rapidly everywhere in Europe, but Bucharest and Cluj, are two cities in EU with the highest increases, according to the Social Monitor, a project of Friedrich Ebert Stiftung Romania. In Cluj, 2023 rents were 80% higher than in 2015, while in Bucharest the rise was 51% in the same period. Among cities included in the study, only in Berlin and Athens the average price increases for renting an apartment with one bedroom were higher. Data came ...
About 60,000 houses sold in November, 9,583 fewer than in October
Tuesday, December 17, 2024
About 60,000 houses were sold in November, most of them in Bucharest and Ilfov and Brasov counties, according to the National Cadastre and Real Estate Advertising Agency. “58,415 houses were sold throughout the country in November 2024, 9,583 fewer than in October. The number of houses, lands and apartments sold in November is by 4,874 smaller than in the same period of 2023,” according to a ...
Building industry in Romania underwent difficult economic situations in 2024
Tuesday, December 17, 2024
The building industry in Romania underwent several difficult economic factors in 2024, which seriously affected company activity in that sector, when the state eliminated fiscal facilities and delayed payments to constructors, leaving many entrepreneurs to face unstable cash flows, according to a specialized analysis. Moreover, banks offering credits for constructions applied high interest rates, ...
Infrastructure: Wizz Air extends Craiova base with additional airplane and new flights
Tuesday, December 17, 2024
Wizz Air company extends its Craiova base by re-allocating the second airplane , Airbus A320neo with two new routes in Romania and higher frequencies on five other routes, Craiova Airport representatives informed on Wednesday. According to the mentioned source, the base will operate 10 routes to five countries, by means of the new airplane, starting June 2025, passengers will be able to ...
Telecom.IT: Share of households in Romania with home internet access reaches 88.6 pct in 2024
Tuesday, December 10, 2024
The share of households in Romania that had home internet access reached 88.6% of the total this year, up 2.9 percentage points compared to 2023, according to data published on Monday by the National Institute of Statistics (INS).According to the official statistics, the proportion of people aged 16-74 who have ever used the internet was 94.7%, up 2.2 percentage points from the previous year.The INS data shows that, 92.5% of households in urban areas are ...
Healthcare: 5 out of 10 Romanians are experiencing nervousness or have trouble concentrating due to sleeping problems
Tuesday, December 10, 2024
The most recent survey conducted by CIPRA – Center for Information, Risk Prevention and Analysis shows that stress is the most important factor affecting the quality of sleep of Romanians, mentioned by 52% of respondents (down from 61% last year), followed by excessive time spent on the computer or on the phone (40%), a habit that most affects young people in the 18-24 age group (62%). In addition, 28% of respondents spend too much time watching TV before going to bed and 27% eat or ...
Infrastructure: Memorandum on almost EUR 5 bn EIB loan for infrastructure investments
Tuesday, December 10, 2024
The government approved on last Wednesday a memorandum on an almost EUR 5 billion worth of repayable financial assistance contract with the European Investment Bank for road, rail and metro infrastructure investments, the government's spokesman Mihai Constantin announced."The funds will partially cover the national financing necessary for the implementation of certain investments within the 2021 - 2027 Transport Program and the Connecting Europe Facility," ...
Real Estate : Bucharest has one of the youngest office stocks in Europe
Tuesday, December 10, 2024
With an average age of approximately 11 years, the Bucharest office stock ranks among the youngest across Europe and the CEE region. This provides a significant advantage for landlords in attracting and retaining tenants, as the city’s office spaces are less likely to face obsolescence in terms of technology, construction quality and sustainability standards over the next 5 – 6 years, according to data from the Cushman & Wakefield Echinox real estate consultancy ...
Trade: Retail turnover up 8.7pct January through October
Tuesday, December 10, 2024
Romania's retail turnover (except for motor vehicles and motorcycles) saw an increase of 8.7%, as gross series, in the first ten months of this year, compared to the corresponding period in 2023, according to data published on Thursday by the National Institute of Statistics (INS).According to the same source, compared to the reference interval, increases were recorded in sales of non-food products (+14.8%), foodstuffs, beverages and tobacco (+4.3%) and automotive fuels in ...
Romanians, drawn to various limited editions of products launched on occasion of Christmas
Tuesday, December 10, 2024
Seven out of 10 Romanians (71%) are drawn to the limited editions of products launched on the occasion of Christmas, the interest being more pronounced among women (78% compared to 64% in the case of men) and among people with children (74% compared to 66% in the case of those without children), according to a survey by Reveal Marketing Research.As to the most popular categories of Christmas-themed products, the top preferences are food (79%), drinks (56%) and ...
Agriculture: Exports of cereals and cereal-based products at 2.39 bln euros over Jan - Aug 2024
Tuesday, December 10, 2024
Romania's exports of cereals and cereal-based products over January - August 2024 amounted to 2.398 billion euros, 18% less compared to the year-ago period, shows data centralized by the National Institute of Statistics (INS).In the same period, Romania imported cereals and cereal-based products worth 989.2 million euros (-11.2 percent), resulting in a trade surplus for this product category of 1.408 billion euros.According to the INS, between ...
Tourism : 4.4% more arrivals in tourist accommodation facilites in first ten months
Tuesday, December 10, 2024
The arrivals recorded in tourist accommodation facilities, including apartments and rooms for rent, amounted to 12.308 million people in the first ten months of the year, an increase of 4.4% compared to the same period in 2023, according to data the National Institute of Statistics (INS) published on Thursday.Of the total number of arrivals, from January 1 to October 31, 2024, those in accommodation facilities represented 83.3%, while the arrivals of foreign tourists ...