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Economic

Estimated growth  of balneary tourism in Romania for 2019

Tuesday, April 2, 2019

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The president of OPTBR, Nicu Radulescu, declared at a press conference in Targu Mures,  that an increase by 20-30% of the number of tourists is foreseen for 2019. The increase was about 1 million last year. “I think old markets such as Israel, will come back. Germany will return because big investments are being made on the littoral too. More interesting markets from Asia will start coming to Romania, I refer to Japan, first of all. We could ...

Turnover of Romania's hotel industry, estimated at EUR 1.2 bln in 2018

Tuesday, April 2, 2019

Romania saw an increase in both the accommodation capacity and the number of accommodated tourists in 2018, the accommodation capacity being 1.6% higher than in 2017 while the number of tourists increased by 6.7% compared to the previous year, according to Crosspoint Real Estate, international associate of Savills in Romania. In fact, according to Savills’ latest European hotels trend report, Bucharest, Lisbon, Budapest and Prague have all ...

Infrastructure: Romania’s airport traffic up 8 percent in 2018

Tuesday, March 26, 2019

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Passenger air transport in Romania increased last year by 7.9 percent compared to 2017, with 21.81 million travellers, most of whom travelled through the Henri Coanda Airport in Bucharest, according to data provided by the National Institute of Statistics. There were 6.95 million passengers who departed from the Henri Coanda Airport and 6.86 million who arrived on the airport, followed by Cluj Napoca’s Avram Iancu Airport (1.4 million departed ...

TAROM cancels several routes due to low passenger numbers 

Tuesday, March 26, 2019

Following an order by the Transport Ministry, national airline TAROM has announced it would cancel six routes between Romanian cities and destinations in Germany, France and Moldova. Transport minister Razvan Cuc says that the reason for the cancellations is that these flights are usually almost empty, with no more than 10-20 passengers. He blames the former manager of TAROM, Werner Wolff, who was just replaced last week, for launching these flights in ...

Agriculture: Eurostat: 43% of the EU is covered with forests

Tuesday, March 26, 2019

The European Union (EU) had close to 182 million hectares of forests and other wooded land in 2015, corresponding to 43 % of its land area. Wooded land covers a slightly greater proportion of the land than the area used for agriculture (some 41 %). In seven EU Member States, more than half of the land area was wooded in 2015. Just over three quarters of the land area was wooded in Finland and Sweden, while Slovenia reported 63 %. The ...

Trade: eCommerce market could grow 30 percent this year

Tuesday, March 26, 2019

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The eCommerce market may grow by 30 percent this year amid the increased confidence in the online commerce, according to VTEX. Yet, investments in IT and marketing departments are less than 2 percent of revenues, below the 7 percent global average. According to VTEX, a global provider of eCommerce solutions in the cloud for large companies, the share of Millennials generation customers is growing in the total number of customers who order online, and ...

Study: Fashion consumers buy online for better prices and are willing to spend more than in a physical store

Tuesday, March 26, 2019

Fashion consumers prefer online shopping for better prices and are looking for discount offers, according to a study among internet users. Also, they are willing to spend more when buying online than in regular shops. Glami, the fashion online catalog, launches Fashion (Re)search, a long-term project analyzing the local market and consumer habits. The study covers various topics and is based on the results of online research conducted on a ...

Tourism : Over one million Romanians used Turist Pass holiday cards and vouchers in 2018

Tuesday, March 26, 2019

More than one million Romanians used Sodexo’s Turist Pass holiday cards and vouchers  in 2018 for holidays in Romania. City breaks have been on high demand, and 34 percent of users have chosen this type of vacation, with Brasov being the preferred destination in the last three months of 2018. As the Sodexo study shows, the seaside was the main attraction for 31 percent of tourists during the summer season, with Constanta, Mamaia or Eforie ...

1,500 hotel rooms will be added in Bucharest this year

Tuesday, March 26, 2019

The offer of hotel rooms in Bucharest will increase this year by 10 percent, according to an analysis by Colliers International, showing that there will be a record of delivered. But, despite the competition, operating figures should improve as Romania holds the Presidency of the Council of the European Union in the first half of the year, which will generate around 50,000 overnight stays in Bucharest hotels. Two years ago, Colliers International ...

Telecom. IT: More than half of Romanian internet consumers use 3 devices to connect to the internet

Tuesday, March 26, 2019

More than half of Romanian digital internet users (52 percent) use 3 or more devices to connect to the internet, while 27 percent use voice search, according to GlobalWebIndex study, the world’s largest survey on digital consumers which for the first time includes data from Romania. Also, the number of people who own a Smart TV is equal to those who own a tablet.  Furthermore, almost a third of surveyed Romanians users (28 percent) have ...

Cars: Almost 650 green cars bought in Romania two months into 2019

Tuesday, March 26, 2019

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The number of green cars bought in Romania in the first two years reached 649, up almost 67pct from the same period in 2018, when 389 units were registered, show the data of the Association of Car Makers and Importers (APIA).According to the centralized data, 551 units were hybrid cars (+139.6pct compared to the first two months of the previous year), 73 were all-electric vehicles (+2.8pct), and 25 plug-in ones (-71.6pct).Also, during the reference ...

Cars: National automobile park grew to 8.20 million vehicles in 2018

Tuesday, March 19, 2019

The national automobile park in Romania reached about 8.20 million units at the end of 2018, on the rise by 7.30% compared to the previous year, when 7.635 million units were registered, according to DRPCIV data. Specialized statistics show that 1,381,620 cars were registered in Bucharest, out of 8,193,278 cars registered at national level, an advance of 4.64% compared to 2017. At the same time, the number of cars registered in ...

The contribution of the auto sector in the economy represented 14% of GDP in 2018

Tuesday, March 19, 2019

The Minister of economy Niculae Badalau stated on Monday at the Auto Industry Forum 2019 in Craiova that, at national level, the contribution of the auto sector in the economy represented In 2018 approximately 14% of GDP and assured 27% of the exports, but the Romanian Industry was not protected from the worries through which the whole European sector went. ‘ We are not talking about the two big auto producers of Romania Dacia and Ford, but about ...

Lithuania and Romania – highest increase of new car registrations in the EU

Tuesday, March 19, 2019

The new car registrations in the European Union have decreased by 1% in February, but Lithuania and Romania have registered the highest increase, the European Automobile Manufacturers Association (ACEA) informs on Friday. In February some 1.114 million vehicles were sold in the EU, down against the similar period in 2018 (1.125 million). The highest increases were registered by Lithuania (94.5%), Romania (37.5%) and Hungary ...

Almost 100,000 new, used cars registered in Romania two months into 2019

Tuesday, March 19, 2019

Almost 100,000 new and used cars were registered in the first two months of this year in Romania, of which about three quarters (72,933 units) were used ones, show the statistics of the Driving License and Vehicle Registration Directorate (DRPCIV).Compared to the first two months of 2018, passenger car registrations decreased overall by 0.67pct, between January and February 2019, to 98,956 units.According to statistical data, the total number of new ...

Dacia sales in Europe up 2.4 pct in February

Tuesday, March 19, 2019

Sales of Dacia cars increased by 2.4 percent in February across Europe, while the Romanian auto manufacturer’s market share increased from 3.5 to 3.6 percent over the past year, according to data from the European Automobile Producers’ Association (ACEA). Data includes EU countries along with European Free Trade Association (EFTA) countries – Iceland, Liechtenstein, Norway, Switzerland. Dacia registrations in ...

Tourism: Study: About two thirds of Romanians use mobile application to book flights or rooms

Tuesday, March 19, 2019

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About two thirds (61%) of Romanians use a mobile application “almost  always”or “sometimes”to book flights or accommodation. The main reason for choosing a travel application are good ratings and recommendations of a friend or family member, according to a market study published by a technology company on Thursday. The study made by Travelport shows that 77% of business travelers and 53% of leisure travelers used a mobile ...

Non-resident tourists arrived in Romania in 2018 spent 2383.5 lei/person as average

Tuesday, March 19, 2019

 • In Q IV 2018, the total number of non-residents in collective tourist accommodation structures*) was 572.3 thousands and their total expenditure amounted to 1399.0 million lei. • In 2018, the number of non-residents in collective tourist accommodation structures was 2784.0 thousands and their total expenditure amounted to 6635.6 million lei More than 2.78 million foreign tourists checked in ...

Infrastructure : Ministry of Transport and Alsim Alarko signed for building A0 – Bucharest ring motorway

Tuesday, March 19, 2019

The Ministry of Transport has signed a EUR 160 million contract with Alsim Alarko Sanayi Tesisleri ve Ticaret, a Turkish company, for 16 km of motorway, out of the entire 51 km length of the future A0 – the Bucharest ring motorway. The highway, made up of three lots, should be completed by 2022 if works are going according to the plans, digi24.ro informs. Lot no. 2, which will connect the highway to Pitesti to the one to ...

Wizz Air announces two new routes from Romania to Germany

Tuesday, March 19, 2019

Wizz Air has announced two new routes to Germany from Sibiu to Karlsruhe/Baden Baden and from Suceava to Munich Memmingen. Both routes are starting from 17 June but Romanian passengers can already plan their trips to these cities as tickets are already available on wizzair.com with fares starting from as low as RON 99/ EUR 19.99. Baden-Baden becomes the fifth WIZZ destination in Germany from Sibiu after Frankfurt Hahn, Munich Memmingen, Dortmund and ...

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