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Hotel investment in six CEE countries up 74% in first half of 2023

Tuesday, November 7, 2023

The activity of hotel investments in the region of Central and Eastern Europe (CEE) – Poland, the Czech Republic, Romania, Hungary, Bulgaria, Slovakia – has increased by 7% between June 2022 and June 2023, against the previous interval of twelve months, up to a value of 464 million euro, a specialty analysis shows.The centralized data by the consultants Cushman&Wakefield and CMS show the fact ...

Almost 11 million people arrive in tourist accommodation facilities in Romania in the first nine months

Tuesday, November 7, 2023

More than 10.7 million people arrived in tourist accommodation facilities in Romania (including apartments and rooms for rent) in the first nine months of the year, up 12.1% compared to the same period in 2022, while the number of overnight stays rose by 11.5% to 23.324 million people, according to data published Thursday by the National Institute of Statistics (INS).Arrivals of Romanian tourists in tourist accommodation facilities between January 1 and ...

Agriculture: Recovery plan to finance pasture afforestation

Tuesday, November 7, 2023

Pastureland has been included in the category of agricultural land eligible for afforestation using funds from the recovery plan, according to an emergency decree issued by the Romanian government on Thursday, which “rectifies” parliament’s earlier removal of pastureland as an eligible category.   This comes after an earlier parliament decision had removed pastures from the list of ...

MADR official: Overall use of chemicals in Romanian agriculture far from extensive

Tuesday, November 7, 2023

  In Romania, the use of chemicals in agriculture isn't that extensive in comparison to other countries, but there is a problem with the storage of farm waste, public manager with the Ministry of Agriculture and Rural Development (MADR) Cristian Georgescu told a specialist conference on Wednesday."What the Agriculture Ministry is implementing through the Strategic Plan 2023-2027 is a public policy. What I can tell you is that, compared to the ...

Infrastructure: TAROM flying to 69 destinations in the 2023/2024 winter season

Tuesday, November 7, 2023

Romania's TAROM national airline and its partners will be flying to 69 destinations in the 2023/2024 winter season and to 27 destinations it operates its own aircraft, totalling 247 weekly flights.TAROM will operate daily flights to London and Madrid, and six weekly flights to Brussels, Athens and Tel Aviv. For safety reasons, the flights to Tel Aviv are suspended until November 21, 2023, after which the resumption of commercial operations will be analysed ...

DAN AIR Relocates Flights From Brasov To Bacau

Tuesday, November 7, 2023

DAN AIR has made the decision to temporarily cease its flight operations at Brasov’s Ghimbav International Airport. This move comes in light of an announcement made by the Brasov airport on October 30, 2023, stating that the extension of its operating hours from 12 to 16 hours will only take effect on January 15, 2024.   Consequently, the restricted schedule, inadequate airport facilities essential ...

Trade: About half of retail and FMCG managers anticipate a drop of number of jobs in the field in 2024

Tuesday, November 7, 2023

About half of managers in retail and consumer goods industry (FMCG) consider the number of jobs will drop in 2024, while six out of ten (58%) want a change of the organizing climate, according to a specialized study.   According to data analysed by Pronext, 12% of retail and FMCG professionals declare optimistic and say next year will bring more job ...

Real estate: Rent prices for new houses went up this year

Tuesday, November 7, 2023

The rent market records increases every month and higher price differences between new and old houses. This year there is an increase of 5% to 7% in favor of new houses, according to an analysis made by a real estate developer, in collaboration with a consulting company.   According to Eden Capital Development and Oana Ivan & Associates data, considering new residential projects against older ones, ...

Infrastructure: HiSky launches new flight, to Frankfurt, reaches 10 destinations operated regularly from Otopeni airport

Tuesday, October 31, 2023

  The HiSky airline reaches 10 regularly operated destinations from Otopeni airport, after a new route, Bucharest - Frankfurt, will be available from December 17, at prices starting from 79 euros/segment.According to a press release from the company, delivered on Tuesday, in the winter season, passengers who choose a flight from the capital to Germany will have several travel options. Frankfurt is the newest destination that HiSky introduces to ...

Wizz Air inaugurates two new routes, from Bucharest to Thessaloniki, Tirana, resumes Craiova-Dortmund flight

Tuesday, October 31, 2023

Wizz Air inaugurates a new route on Monday, from Bucharest to Thessaloniki, and resumes operations from Craiova to Dortmund, while on Sunday the company launched another new flight, from the Capital City Bucharest to Tirana, the company informs.According to a press release sent on Monday, as of October 29, Romanians is able ...

Trade: Black Friday: Risk Of Online Platform Crashes And Cyber-Attacks Five Times Higher

Tuesday, October 31, 2023

Online shops see up to five times more traffic during Black Friday than normal, and the risk of website crashes and performance increases proportionately, Forscope Romania warns. At the same time, during such high traffic periods, systems and networks are stretched to the limit, increasing exposure to cyber-attacks. The use of legitimate software protects these systems including through security updates. Without these, organisations can incur losses of over ten ...

Agriculture: CCIR: Romania can become an important Black Sea agricultural produce hub

Tuesday, October 31, 2023

Romania is standing a chance of becoming a Black Sea agricultural produce hub when we take into account the fact that, at the moment, Constanta Port has taken over the cargo activity of some Ukrainian ports that have ceased activity because of the war, Chairman of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban told a specialist forum part of the Indagra 2023 agricultural trade fair."CCIR and the US Embassy in Romania have been ...

Telecom. IT: Approximately 11 million phone numbers were ported between Romanian phone networks in 15 years

Tuesday, October 31, 2023

 Almost 11 million phone numbers were transferred between fixed and mobile telephone networks in Romania in the last 15 years, of which 1.2 million numbers were transferred this year alone, according to data from the National Communications Administration and Regulation Authority (ANCOM), published on last Tuesday.Of the total number of ported telephone numbers in 2023, the majority (96%) are for mobile telephony (respectively 1,158,896), while 42,079 ...

Real Estate: Study: Production spaces, increasingly sought after, accounting for 25 pct of transactions in Romania 

Tuesday, October 31, 2023

  Demand for production space is on an upward trend, accounting for about 25% of transaction activity in Romania in the first quarter of this year, according to a study conducted by real estate services and investment company CBRE.The automotive industry is the leader in terms of increasing demand, generating the highest demand for production space in the whole country in the period 2013 - H1 2023, more precisely 56%. It is followed at a ...

Healthcare: Analysis: Amid A 37.68% Surge In Romania’s Healthcare Expenditure, Affordable Access To Health Products Gains Primacy

Tuesday, October 31, 2023

Romania is witnessing an upsurge in healthcare spending, with projections indicating a 37.68% increase, escalating the total healthcare expenditure by $7.5 billion and reaching $27.3 billion by 2028 .   This surge is mainly mirrored in consumer healthcare spending, anticipated to rise by 47.87% and hitting $22 billion , while per capita consumer spending on healthcare, which does not include state ...

European regulation on in vitro diagnostic medical devices promulgated

Tuesday, October 31, 2023

A law establishing the institutional framework and the necessary measures for the implementation of the provisions of Regulation (EU) 2017/746 of the European Union on the placing on the market and putting into service of in vitro diagnostic medical devices, was promulgated by President Klaus Iohannis.According to the government, which adopted an emergency ordinance regulating these measures, the European regulation sets in place high quality and safety ...

Presidential adviser Paun: Over half of deaths in Romania caused by behavioural risk factors

Tuesday, October 31, 2023

More than half of all deaths in Romania can be attributed to behavioural risk factors that include improper diet, tobacco and alcohol consumption, but also low physical activity, presidential adviser Diana Paun said on Tuesday."International research is increasingly demonstrating the impact that education has on health outcomes. A better educated population from an early age enjoys better health throughout life due to access to higher incomes and attention ...

Tourism: Romania's tourist accommodation capacity up 2.7 pct as of July 31

Tuesday, October 31, 2023

 Bed places in Romania's tourist accommodation establishments increased by 2.7%, on July 31, 2023, y-o-y, and tourist accommodation establishments went up by 4.1%, according to data centralized by the National Institute of Statistics (INS).Most hotels were rated three stars (54.5% of all hotels), followed by four-star hotels (25.6%) and two-star hotels (15.4%). There were 44 hotels rated five stars (8 more than on 31 July 2022).Of the total ...

Secretary of State: Rural tourism is one of six main tourism products of Romania

Tuesday, October 31, 2023

 Rural tourism is one of the six main tourism products of Romania, along with cultural tourism, city breaks, nature tourism, active and adventure tourism, spa and wellness tourism, considers the state secretary in the Ministry of Economy, Entrepreneurship and Tourism (MEAT), Lucian-Ioan Rus.Between October 16 and 20, Rus led the Romanian delegation, which participated in the General Assembly of the World Tourism Organization (UNWTO), the meeting of the ...

Cars: Romania's three-quarter car production drops 1.8 pct YoY

Tuesday, October 24, 2023

 Romania's three-quarter car production dropped 1.8 percent from the year-ago period to 375,860 units, shows data released by the Romanian Automobile Manufacturers Association (ACAROM). Of this total, 234,530 were Dacia cars and 141,330 - Fords.The car production this September was of 46,888 units - by 9.1 percent down year-over-year. Of this total, 28,934 cars were produced by the Dacia Plant in Mioveni, and 17,954 rolled off the lines of the ...

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