Economic
Trade: Romania, the country with most burger orders in South-Eastern Europe with over 15 burgers/minute
Tuesday, June 11, 2024
Over 8 million burgers were ordered last year by means of a delivery application, Romania being the country with most burger orders in South-Eastern Europe and ranking 4th at world level from 23 countries operating the platform. According to Glovo, over 15 burgers per minute are ordered in Romania, Most orders were delivered n December 15, 2023, when over 33,000 burgers were orderd throughout the ...
Retail trade volume in Romania advances 8.5pct four months into 2024
Tuesday, June 11, 2024
Retail trade volume, except trade of motor vehicles and motorcycles, increased in Romania in the first four months of 2024 by 6.5%, y-o-y, seasonally adjusted, according to data published on Thursday by the National Institute of Statistics (INS).The 6.5% increase was the result of increases in retail sales of non-food products (+12.2%), retail sales of automotive fuels in specialised shops (+4.2%) and retail sales of food, beverages and tobacco ...
Agriculture: Approx. 2.3 billion euro funds for agriculture, rural development absorbed since year beginning
Tuesday, June 11, 2024
Around 2.3 billion euros have been absorbed from European funds since the beginning of the year for agriculture and rural development, the Ministry of Agriculture and Rural Development (MADR) announced on Friday.Thus, 2.29 billion euros have entered the accounts of Romanian farmers since the beginning of this year and so far, European money reimbursed by the European Commission to finance support measures carried out by the Ministry of Agriculture and ...
Infrastructure: The first direct flight to the USA, after 20 years, took off from Otopeni Airport
Tuesday, June 11, 2024
On Friday, June 7th, at 09:00 AM, flight number H4101 operated by HiSky took off from Bucharest's "Henri Coanda" International Airport, bound for New York This is the first direct transatlantic flight from Romania operated by a scheduled airline, in more than 20 years. The Airbus A330 aircraft, registered in Romania as YR-KID, is expected to land at JFK Airport in the American metropolis at 11:35 AM local time, after an uninterrupted journey of approximately 10 ...
A new route, Bucharest - Stockholm, in the AnimaWings portfolio this autumn
Tuesday, June 11, 2024
AnimaWings, a 100% Romanian airline, will inaugurate from autumn this year a new route in its portfolio, Bucharest - Stockholm, the cost of tickets on this route starting from 73.74 euros per segment, the company announced on Tuesday. The Bucharest - Stockholm route will be a regular route, with a weekly frequency of 3 flights, and the aircraft will land at Stockholm Arlanda airport. Flights are ...
Romania buys 20 electric trains from PESA
Tuesday, June 11, 2024
The Railway Reform Authority has recently completed the re-evaluation of the offer presented by the Poles from PESA for the purchase of 20 electric trains, following aclurt decision. The offer presented by PESA was declared according to demands and became the winner. The purchase contract for interregional electric frames was signed between the Railway Reform Authority and the Polish manufacturer PESA. ...
Real Estate: Selling prices for big city new apartments keep on rising
Tuesday, June 11, 2024
Selling prices for big city new apartments continue to rise at a steady pace which in the last 30 days has been up to 4 percent in Timisoara or Constanta; Iasi city is the only exception, with an evolution that goes against the trend recorded in all the other large urban centers, shows a survey conducted by real estate website Imobiliare.ro.Apartment prices in the surveyed medium-sized cities follow the same upward trendline, with Oradea ...
Tourism: Bookings for Romanian littoral on the rise by 25% in first two months
Tuesday, June 11, 2024
The Romanian riviera still has a rising trend, bookings for the first two months being 25% higher than in the same period of 2023, even though prices have grown by 10-15%, according to data sent by the National Association of Travel Agencies (ANAT). “Early booking” programs enjoyed major interest, bookings starting in the fall of 2023 with 60% cuts of basic package prices. Holiday vouchers ...
Arrivals at Romania's tourist accommodation establishments up 1.9pct four months into 2024
Tuesday, June 11, 2024
Arrivals at Romania's tourist accommodation establishments, including flats and rooms for rent, totalled 3.36 million in the first four months of 2024, up 1.9% y-o-y, according to data with the National Institute of Statistics (INS) published on Tuesday.Overnight stays totalled 6.36 million, up 1.3%, y-o-y.Out of the total number of overnight stays in the first four months, the overnight stays of Romanian visitors accounted for 79.6%, while the ...
Turkish authorities expect 50% increase of Romanian tourists in Antalya after visa elimination
Tuesday, June 11, 2024
About one million tourists visited Turkey in 2023, on the rise by 11.67% against 2022. Following the elimination of visas for entering this country Turkish authorities expect a significant increase of number of Romanian tourists, according to data of a tour operator. According to the Authority for Tourism Promotion and Development, about 500,000 Romanians were in Antalya alone, where Turkish authorities ...
Danube Delta will have 40 slow tourism routes
Tuesday, June 11, 2024
Danube Delta Biosphere Reservation Administration in Tulcea organized a tender for the feasibility study and technical project needed to identify 40 routes for slow tourism in the reservation, the Reservation governor, Bogdan Bulete said. The announcement comes on the inauguration of the first reservation route for boats without engines, called “Ivan's Delta”, the 40 routes being included in ...
Cars: New passenger car registrations in Romania up 2% y/y in Jan-May
Tuesday, June 11, 2024
Registrations of new passenger cars in Romania rose 2% on the year in the January-May period, reaching 61,186 vehicles, the Romanian Car Producers and Importers Association, APIA, said. In May alone, registrations increased 14.4% year-on-year to 15,477 vehicles, APIA said in a press release . Light ...
Volume of new car registrations in Romania up 1.1% over five months
Tuesday, June 11, 2024
The number of new car registrations, in Romania, at the level of the first five months of the year, has increased by 1.1% against the same period of 2023, while the second hand cars, registered for the first time in the country had an increase of 10% show the data of the General Direction for Driving Licenses and Registrations, quoted by the Association of the Car Builders of Romania (ACAROM).At the level of May ...
Sales of new vehicles to increase slightly this year in Romania, production to advance 8.5pct
Tuesday, June 11, 2024
Car sales in Romania will end 2024 up 1.7% y-o-y in the case of passenger cars and 0.6% in the case of light commercial vehicles, according to a PwC Autofacts report that analysed five markets in Central Europe."After a weak evolution in the first quarter, including the results of incentives for the purchase of green vehicles being sized down, it was expected that the estimate for the whole year would indicate a slight increase for car sales. The signs of ...
Healthcare: Intracommunity pharmaceutical exports represent about 350 million euros, 5% of Romanian pharmaceutical market
Tuesday, June 11, 2024
Intracommunity medicine exports represent less than 350 million euros, that is 5% of the overall pharmaceutical market in Romania, estimated at 6.2 billion euros, according to the Association of European Pharmaceutical Distributors (AEPD). The AEPD reaction comes following the statements made by Dan Zaharescu, the assistant director of the Romanian Association of International Pharmaceutical Producers ...
Infrastructure: Romania implements RO e-Transport system for all international cargo
Tuesday, June 4, 2024
*Significant changes to the RO e-Transport system, which is responsible for controlling haulage in Romania, will take effect next month, https://trans.info/en informs. RO e-Transport is the system tasked with monitoring transports within Romania that contain goods with higher tax risks. It was belatedly introduced in January 2023. ...
Azerbaijan Airlines inaugurating Baku - Bucharest - Baku route
Tuesday, June 4, 2024
Bucharest National Airports Company (CNAB) on Monday organises a conference to launch flight operations at Bucharest "Henri Coanda" International Airport on the Baku - Bucharest - Baku route.According to the organisers, the first flight will take place on June 3, 2024, and the frequency will be two flights per week, on Mondays and Thursdays, the duration of a trip being three hours.The inaugural event will take place at the Official Lounge of the "Henri Coanda" ...
New flights to Warsaw from Oradea Airport launched by LOT Polish Airlines
Tuesday, June 4, 2024
Monday, June 3, 2024, LOT Polish Airlines officially launched a direct flight between the cities of Oradea and Warsaw. This new route offers numerous benefits to the region, facilitating both business and leisure travel to Poland’s capital and other international destinations, contributing to trade development and attracting investments. Additionally, this connection will enhance the mobility of residents in Oradea and the surrounding areas, including Bihor and beyond, providing new ...
Healthcare: General Manager at Servier Romania : Romanians’ mortality is extremely high from causes that could be treated or avoided
Tuesday, June 4, 2024
In the rapidly evolving landscape of healthcare, the Innovate Health 2024 conference brought together industry leaders to discuss pivotal trends and challenges. In an insightful session, Michel Eschenbrenner, General Manager at Servier Romania, shared his expertise on the future of the pharmaceutical market and healthcare industry. Addressing key drivers and governmental perspectives, Eschenbrenner highlighted the critical need for innovation and strategic investment to ...
Half of Romania’s pharmaceutical production is exported
Tuesday, June 4, 2024
Romania's 2023 medicines exports totaled somewhere around EUR 1.25 billion, at a domestic production of almost EUR 800 million, executive director of the Romanian Association of International Medicines Manufacturers (ARPIM) Dan Zaharescu said on Saturday.He explained that due to the low price of medicines in Romania, wholesalers buy them from the domestic market and resell them abroad for higher prices and good profit."The low price in Romania, ...