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Trade: Electronic trade almost trebled business figure in last 5 years
Tuesday, October 18, 2022
Online trade is one of the most performing sectors of the national economy, business trebled in the last five years, to 7 billion euros estimated for this year, and is used by about 90% of Romania's adult population, said Cristian Pelivan, the executive director of the Romanian Association of Online Shops (ARMO) at Profit E-commerce. He considers that this sector will continue to grow in the following years, as more people will leave aside their fear for the online and ...
Tourism : KeysFin analysis: Local retail and HORECA distribution market, record level in 2022
Tuesday, October 18, 2022
The turnover of retail and HORECA distributors in Romania increased by 27% compared to 2020 and was 46, 5% above the level in 2017, to RON 21, 1 billion in 2021. “If in 2021 we saw the substantial increase in turnover based on the return of appetite for consumption, for 2022 we estimate the continuation of the trend based on the considerable transmission of inflationary pressures amid the ...
Tourism : Arrivals in Romania's tourist accommodation establishments dip 1.4 pct in August
Tuesday, October 11, 2022
Arrivals in Romania's tourist accommodation establishments in August 2022 totaled 1.706 million, 1.4 percent down year-over-year, the National Institute of Statistics (INS) said on Monday.Romanian tourists accounted for 89 percent of this figure.The net occupancy rate for tourist accommodation units in August was 45.4 percent overall, 3 percent down from August 2021.Arrivals in tourist accommodation establishments over January 1 - August ...
Number of tourists choosing local day trips rises 60 pct in past two years
Tuesday, October 11, 2022
The number of tourists who chose local day trips has increased by over 60 percent in the past two years, shows information published by the representatives of an agency in the industry."Romanians developed a taste for one-day trips in the first 'free' months of 2020 and the trend picked up steam in 2021. In 2022, following the substantial increase in demand, the travel agencies that had this product on offer had to introduce new routes, original programs that ...
Romania and Jordan have launched an air tourist bridge
Tuesday, October 11, 2022
Queen alia International Airport in Amman welcomed the first charter flight that transported 134 tourists from Romania, an event that marked the launch of an "air bridge" between Amman and Bucharest, the Petra news agency reported. Jordan Tourism Minister Nayef Fayez said in a press release that the launch of this tourist "air bridge", with a frequency of one flight per week by the end of the year, confirms the increase ...
Price of accommodation in September increases by 17%
Tuesday, October 11, 2022
Romanians are looking for city breaks in the country and mountain getaways during this period, and accommodation prices in September increased by 17% compared to last year, according to a specialized analysis released on Friday.After a busy summer season, which brought national tourism to the pre-pandemic level, Romanians are now turning to city breaks in the country, a trend that has been on the rise for several years, but also to weekend stays in mountain ...
Real Estate: Romania can attract investments of 10 billion euros in sector of logistics and industrial spaces
Tuesday, October 11, 2022
Romania can become a major player in the sector of industrial logistics in Europe, against the background of the fundamental changes that the global economy is going through, from the shortening of production and supply chains to the focus on finding secure locations, protected from unwanted events, such as war and climate change, shows an analysis carried out by Frames and Frisomat Romania, sent on last Thursday.In the next five years, our country has ...
The volume of real estate investment could reach €1.2 Bln in 2022
Tuesday, October 11, 2022
Since the beginning of the year, the volume of transactions in commercial real estate assets with a value of €5 million or more totalled approximately €656 million, 16.5% higher compared to the same period in 2021, out of which €330 million represents the volume transacted in Q3. We see an increase of 28% compared to the previous ...
Infrastructure: Gov't: Investments worth 35 million euro for Port in Galati
Tuesday, October 11, 2022
The Government approved on Wednesday the decision regarding the technical-economic indicators of the RO-RO berth arrangement investments objective in the Galati New Basin Port, with an estimated value of works worth 35 million euro, Executive's Spokesperson Dan Carbunaru announced."The investment works will be carried out to modernize the mooring fronts related to berths 39 and 40, the arrangement of ramps for loading and unloading vehicles, rehabilitation of the ...
Romania becomes Council member of International Civil Aviation Organization
Tuesday, October 11, 2022
Romania has become a Council member of the International Civil Aviation Organization (ICAO), the Secretary of State in the Ministry of Transport and Infrastructure, Bogdan Stelian Mindrescu announced on Wednesday."After intensive work to recognize aviation in our country and with the support of the European Commission, the European Civil Aviation Conference (ECAC) and international partners, the delegation of our country, present in Montreal (Canada), managed to ...
Wizz Air strengthens its position in Bucharest, with delivery of 3 new aircraft, increased frequencies on 20 routes
Tuesday, October 11, 2022
Wizz Air received three new aircraft that will support flights operated from Bucharest, with increased frequencies on 20 existing routes, this expansion ensuring 1.2 million additional seats for Romanian passengers annually, the company informs through a press release.All three aircraft began operating flights from Bucharest on October 3 and, to mark this important milestone, the first aircraft, coming from Valencia, Spain, was welcomed at the airport after ...
Cars: Romania's new car registrations go up by almost 8pct in first nine months
Tuesday, October 11, 2022
The number of new car registrations increased in Romania by 8pct, in the first nine months of this year, compared to the same period in 2021, according to the data published by the Directorate for Driving Licenses and Vehicle Registration (DRPCIV), quoted on Monday by the Romanian Automobile Manufacturers Association (ACAROM).In September 2022, the official statistics showed that new car registrations went up by 33.38pct compared to the same month of 2021, ...
Healtcare: Establishment of British-Romanian Academic Institute of Neuroscience, approved by UMFST
Tuesday, October 11, 2022
The Senate of the George Emil Palade University of Medicine, Pharmacy, Science and Technology of Targu Mures (UMFST) decided, on Monday, the establishment of the British-Romanian Academic Institute of Neuroscience (BRAIN), a clinical hub for interdisciplinary research and education."UMFST has a rich history and real achievements in the field of neurosciences, cardiovascular and cerebrovascular research so that the establishment of this Institute will allow the ...
Ministry of Health to carry out market study for implementation of telemedicine, mobile patient monitoring systems
Tuesday, October 11, 2022
The Ministry of Health will carry out a market study to identify the latest technologies related to the available solutions/equipment and the budgets needed to implement the telemedicine system and mobile patient monitoring systems."Within the National Recovery and Resilience Plan (PNRR), the Ministry of Health will carry out the investment "Telemedicine and mobile patient monitoring systems" which has a budget of 100 million euros", informs the Ministry of ...
Agriculture: Farmers gather 9 million tons of wheat, which ensure food demand, availabilities for export
Tuesday, October 11, 2022
The wheat production obtained this year "stored and under lock and key" is more than 9 million tonnes, the Minister of Agriculture and Rural Development, Petre Daea, said on Tuesday, who added that the harvest ensures the country's food demands and availability for export."At the end of the harvest, farmers collected 9 million tons of wheat, which means a production that is part of the results obtained over time, with the exception of 2021, ...
Telecom. IT : ITU 2022/Report: 5.3 billion people will use the Internet by the end of 2022
Tuesday, October 4, 2022
Two-thirds of the world's population (66%), equivalent to 5.3 billion people, will end up using the Internet by the end of 2022, after, in 2019, the share was 54%, reveals the data included in a report by of the International Telecommunications Union, released on the occasion of the Conference of Plenipotentiaries of the International Telecommunication Union (PP-22), in Bucharest.In 2020, the first year of the pandemic, the number of Internet users increased ...
Infrastructure: Blue Air postpones for second time the resumption of flights, scheduled for October 10
Tuesday, October 4, 2022
The low-cost airline operator Blue Air will not resume flights from October 10, but announces that it is in discussions with potential investors, creditors and the Romanian Government to restructure its capital profile."The multiple financial and operational difficulties generated by the COVID-19 pandemic have been felt in a severe manner at the level of all airlines, but with even greater intensity by the private regional airlines that are fighting for ...
Real Estate: Survey: Romanian employees are increasingly concerned about protecting the environment
Tuesday, October 4, 2022
Reducing environmental impact is becoming an increasingly important concern for Romanian employees in the context of climate change concerns, and expectations for “green” measures are growing. Employees believe that environmental protection measures in office and residential buildings and complexes are very important, and 70% among them expect a sustainable approach and more environmental initiatives, according to a survey of 1,180 employees nationwide conducted ...
C&W Echinox: Developers maintain strong appetite for real estate projects in Bucharest
Tuesday, October 4, 2022
The volume of land transactions in Bucharest pertaining to future real estate developments has almost doubled to EUR 720 mln in the 2020 – H1 2022 period, compared with the previous five-semester period (H2 2017 - 2019), according to the Cushman & Wakefield Echinox real estate consultancy company. The figures are interpreted as illustrating the strong appetite for real estate projects, even in ...
Trade: Survey: 90% of European retailers estimate online food sales will become profitable until 2030
Tuesday, October 4, 2022
Nine out of ten European retailers and specialists (90%) expect online food sales to become profitable by 2030, according to a survey made by a consulting company. At the same time, estimates included in the PwC study show that the share of online food sales will significantly grow until 2030, from 11% at present to 26% in Great Britain, from 8% to 25% in the Netherlands, from 9% to 23% in France, from 4% to 11% in Germany and from ...