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Romania has the lowest percentage of the population travelling annually for personal purposes
Tuesday, September 20, 2022
Romania has the lowest percentage of the population which travels annually for personal purposes, even under Bulgaria, under 27% of the population of the country travelled at least for one night in 2020, according to an infographic Social Monitor, a project of Friedrich-Ebert-Stiftung Romania.‘Only 18% of the Romanians between 15 and 65 travelled for personal purposes for at least one night in 2020. By comparison, approximately 68% of the citizens in ...
Esky.ro analysis:Where did the Romanians fly in their holiday this year ?
Tuesday, September 20, 2022
· During holidays this year, a large number of Romanians have started to travel again, thus compensating for the pandemics. Most Romanian tourists went on holidays as couples, spending on average eight day outside the country. · During holidays, the average price of a flight return ticket was 212 euro, up by 15% against the holiday of last year. The period between the purchase of the flight ...
Agriculture: Romania's honey production has halved, beekeepers do not receive de minimis aid in 2022
Tuesday, September 20, 2022
The country's honey production is half of the annual average this year, due to the climate and the drought, and beekeepers will not receive the de minimis aid this year, as other agricultural sectors are worse off, on Friday, said the president of the Bee Breeders Association of Romania, Ioan Fetea."This year is a strange one for beekeeping, with productions below 50% of the annual average, due to climate change. In the spring it was cold, there were rains, ...
Infrastructure: Alstom to supply 17 additional Coradia Stream inter-regional electric trains and associated maintenance in Romania
Tuesday, September 20, 2022
Option for 17 additional long-distance electric trains and associated 15 years of maintenance for a total value of €220 million Total number of inter-regional Coradia Stream EMUs ordered in ...
Telecom. IT: Price of 5G licenses in Romania estimated at nearly EUR 700 mln
Tuesday, September 20, 2022
The sale of 25-year radio licenses for the construction of 5G communication networks, expected to generate revenues of at least EUR 693 mln to the budget, will be subject to final discussions between the National Communications Regulatory Authority (ANCOM) and the main bidders - Orange, Vodafone, RCS&RDS Digi and Telekom Mobile. "On Wednesday, September 14, all the documents regarding the selection ...
Cars: Romanian car market, down by 22.5pct in August
Tuesday, September 20, 2022
Vehicle registrations decreased by 22.5pct in Romania, at the level of August this year, compared to the similar period in 2021, a margin in which, however, new cars registered a jump of 5.2pct, shows from the market analysis published on Tuesday by the Association of Automobile Makers and Importers (APIA)."After the important evolution of the first months, August 2022 comes with a 22.5pct decrease in vehicle registrations compared to the previous year, a ...
Trade: Groceries make up record 66% of all consumer spending in physical stores in Romania
Tuesday, September 13, 2022
Despite the rise of e-commerce, Romanian consumers still prefer to make their grocery shopping in brick-and-mortar stores. As much as 66% of all consumer spending in physical stores in Romania went to groceries, while the regional average stands at 59%. The e-commerce sector has recently seen significant growth in the Central and Eastern European (CEE) region. The share of online sales in the region ...
Romanian games and toys market reaches 728 million euros
Tuesday, September 13, 2022
The Romanian games and toys market is estimated at 728 million euros, with an annual growth forecast of 2.4pct, until 2025, according to data from the German market research company Statista, cited by the Green Revolution Association.Worldwide, according to the same research company, the games and toys market will exceed 292 billion euros this year, and the annual growth forecast is 4.2pct in the next three years.The Green Revolution association ...
Infrastructure: Air passenger transport triples in first half of 2022
Tuesday, September 13, 2022
Air passenger transport increased three times in the first six months of 2022, from 2.997 million to 8.936 million passengers, according to data centralized by the National Institute of Statistics (INS).The highest shares in terms of passenger transport were registered at the following airports: Henri Coanda-Bucharest with 2.778 million passengers boarded and 2.649 million passengers disembarked; Avram Iancu Cluj-Napoca with 542,200 passengers boarded and 518,000 ...
Almost 300 million tones of cargo loaded/unloaded in ports, in H1
Tuesday, September 13, 2022
The goods loaded and unloaded in the ports where maritime vessels are operated totaled 29.472 million tonnes in the first half of 2022, the transport of containers totaling 313,000 TEU, according to data centralized by the National Institute of Statistics (INS).Of these, there were 15.39 million tonnes recorded in the inland waterways in the first six months of this year.The ports with the most intense transport activity in the first half of the year ...
Gov't sets legal framework in place for start of infrastructure projects, pending EC approval of relevant programs
Tuesday, September 13, 2022
Under an emergency ordinance adopted on last Thursday, the government set the legal framework in place for the start of projects in the fields of transport, waste management, improvement of the response system, and hospital and outpatient infrastructure, until the formal approval by the European Commission of the Transport, Sustainable Development, and Health Programs.According to a government release, one third of the funds allocated under the ...
Tourism : Tourists’ accommodation increased by 2.8% în July
Tuesday, September 13, 2022
- Compared to July 2021, in July 2022, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 2.8%, while the overnight stays decreased by 1.7%. - Compared to July 2021, in July 2022 customs registered an increase in the arrivals1) of foreign visitors of 49.6% and an increase of 27.6% in the departures1) abroad of the Romanian ...
Nearly 20 hotel to open by the end of 2023
Tuesday, September 13, 2022
Close to 20 large hotel projects are due for delivery in Bucharest and in the country by the end of 2023, according to the Romanian Hotel Market report by Crosspoint Real Estate. Among the expected openings in Bucharest are the Grand Hotel du Boulevard, the first unit under the Swissôtel brand in the city’s Expozi?iei area, the ...
Cars: New car registrations go up by 5.08% in Romania, after eight months
Tuesday, September 13, 2022
The number of new car registrations increased in Romania by 5.08%, in the first eight 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 by the Romanian Automobile Manufacturers Association (ACAROM).Thus, in the analyzed period, 83,349 new cars were registered, compared to the 79,320 units recorded a year ago, the same ...
Car production in Romania up by 15.5% in the first eight months
Tuesday, September 13, 2022
The production of cars increased in Romania by 15.5%, in the first eight months of the current year, compared to the same period in 2021, reveals the data of the Association of Automobile Manufacturers in Romania (ACAROM), published on Friday.Thus, out of the volume of 330,393 units produced in the country, 199,503 represent the Dacia brand, and 130,890 units are Ford.ACAROM has recently announced, citing the statistics of the Directorate ...
Real Estate: Colliers: Half of the apartments in Bucharest were bought with credit in the first semester
Tuesday, September 13, 2022
Transactions of apartments and houses began to decline starting from the spring of this year, as a result of high energy costs, rising construction materials and fuel prices, in addition to the rising costs associated with mortgages, Colliers consultants point out. Specifically, the total stock of home loans has reduced its annual growth rate to 10% at the end of July, after annual growth at the end of 2021 ...
Demand for modern office spaces reached pre-pandemic levels as of mid-2022
Tuesday, September 13, 2022
Annualized demand for office spaces has officially returned to pre-pandemic intensity, returning to 2019 levels, but many challenges exist on the horizon, according to Colliers experts. More precisely, demand for modern office spaces continued its recovery, the second quarter of 2022 also being the best quarter since Q4 2019. New demand reached 73,500 square meters in the first half of 2022, up by 94% compared to last ...
Telecom. IT: ANCOM sweetens terms for 5G auction
Tuesday, September 13, 2022
Following consultations on the specifications for the 5G tender, the market regulator ANCOM reduced the annual tariff for the use of the radio spectrum by 30%, eliminated bank guarantee letters and reduced the number of mandatorily covered localities. Separately, it maintained the starting price at EUR 693 mln while extending the terms of the licenses to 25 ...
Agriculture: Jan - May livestock exports drop 16.8 pct
Tuesday, September 6, 2022
Romania's livestock exports in the first five months of 2022 dropped 16.8 percent compared to the same period of the year before, to 182.8 million euros, shows data centralized by the National Institute of Statistics (INS).Livestock imports were also 17.7 percent down, to 66.6 million euros.For this category of products, Romania was running a trade surplus of 116.2 million euros between January and May 2022.Romania's meat and meat product ...
Financial support of over 26 million lei for animal breeders
Tuesday, September 6, 2022
Animal breeders receive financial support of 26.047 million lei for the services provided in June and in the second quarter of 2022, the Payments and Intervention Agency for Agriculture (APIA) informs on Thursday."The Ministry of Agriculture and Rural Development, through the Payments and Intervention Agency for Agriculture, makes the payment of the state aid in the animal breeding sector, requested through the payment requests related to the services ...