Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS



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, ...

Tourism : Beach stocks fly high: travel and tourism firms return six times more for shareholders than global equities

Tuesday, June 4, 2024

eToro analysis looked at recent performance of so-called ‘beach stocks’ - bookings, entertainment, airlines, cruises, and hotels Global and European beach baskets returned 46% and 24% respectively in past year vs 7% for global equities Best performers included cruise firm Royal Caribbean (84%) and Delta Airlines (54%)   As summer holidays approach ...

Agriculture: Organic agriculture represents 5% of Romania’s agricultural area

Tuesday, June 4, 2024

Some 5% of Romania’s agricultural land is dedicated to organic farming. Also, 14,000 operators in Romania are active in organic farming. The data were presented by Viorel M Mor?rescu, a representative of the Ministry of Agriculture and Rural Development of Romania, during ...

National working forest area up 0.03 pct in 2023, harvested timber amount down 5.3 pct

Tuesday, June 4, 2024

 The national working forest area increased last year by approximately 0.03 percent from 2022, while the volume of harvested timber was 5.3 percent down, shows data released on Friday by the National Institute of Statistics (INS).As of December 31, 2023, the working forest area was 6,615,668 hectares (+2,284 hectares compared to 2022), of which woodland accounted for a total of 6,459,925 hectares. Last year, the latter increased by approximately 0.05 percent, or 3,159 ...

Real Estate: Competition Council analyzes Bucharest real estate market

Tuesday, June 4, 2024

The Competition Council has started a study on the residential and non-residential real estate market in Bucharest, in order to identify possible barriers that stand in the way of the development of the industry, but also aspects that can mislead the consumer.   The study will probe into the relationships between the companies active on the market, as well as into their mode of operation in different phases of real estate ...

Real Estate: Peri-urban area of big cities becomes attractive alternative for buyers

Tuesday, May 28, 2024

Big city peri-urban areas have become an attractive alternative for interested buyers, presenting some obvious advantages, such as lower prices, more generous areas and the opportunity to have their own garden, according to an analysis made by a specialized website.   Imobiliare.ro analyzed demand in the house section of localities located in the vicinity of Bucharest, Cluj-Napoca, Timisoara and Brasov, ...

Romania records 69 pct increase in real estate investments in Q1 2024

Tuesday, May 28, 2024

The total value of real estate investments registered in Romania in the first quarter of this year was 202 million euros, up 69% compared to the same period in 2023, informs Colliers in its 'CEE Investment Scene Q1 2024' report, released last week.According to the cited source, Romania has ...

Infrastructure: Sibiu: FlyLili company will operate regular flights from and to International Airport as of July 20

Tuesday, May 28, 2024

The Sibiu air company FlyLili will operate, as of July 20, regular flights from and to Sibiu International Airport, according to a press release.   “As of July 20, 2024, the air company FlyLili will operate regular flights connecting Sibiu with several top destinations, opening new opportunities to passengers and facilitating access to essential international connections. This decision shows the ...

Cluj County Council issues authorisation for the metro construction

Tuesday, May 28, 2024

  Cluj County Council announces that the president of the institution, Alin Tise, issued the construction permit for the Cluj metro."It is a necessary step for the effective start of this long-awaited project, which will decisively influence the future development of the entire Cluj metropolitan area," Alin Tise said in a release by CJ Cluj.According to the project, Cluj Metro Line 1 will measure 21.3 km, with 19 underground stations ...

Premium News


Friday, June 21, 2024

Financial & Banking

Monday, June 17, 2024


Tuesday, June 18, 2024


Wednesday, June 19, 2024

Energy & Environment

Thursday, June 20, 2024