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More than a third of Romanians choose exotic destination for their holiday 

Tuesday, August 10, 2021


More than a third of Romanians (35pct) choose exotic destinations for the holiday, and the number 1 favorite is Africa, according to data published on Wednesday by a travel agency.The top of African exotic destinations is led by Kenya, Tanzania and Zanzibar, followed by South Africa, Egypt, Tunisia, Morocco, Namibia, Senegal, Gambia, Togo and Benin.In the case of South and Central America, the most requested destinations are Peru, Chile (including Easter Island) and ...

EUR 45 M investment in restoration plan of the Neptun Olimp area

Tuesday, August 10, 2021

Certion Property Developers plans to develop premium residential projects in the Neptun-Olimp seaside area, whose total investment exceeds 45 million euros, over a period of 4 years. According to studies conducted by Certion, the Neptun-Olimp resort has the greatest potential to become the hardcore of the much desired restoration of the Romanian Black Sea coast.   At the moment, there are far too few 4- and 5-star accommodation units on the Romanian sea coast, ...

Most H1 2021 tourist arrivals in Romania through Giurgiu, Calafat, Otopeni and Nadlac II border points

Tuesday, August 10, 2021

Giurgiu, Calafat, Otopeni and Nadlac II were the border checkpoints where most tourist arrivals in Romania were recorded in the first half of 2021, according to data centralised by the National Institute of Statistics (INS).Thus, in Giurgiu, 364,400 arrivals were reported, in Calafat 328,200, in Otopeni 184,100 and in Nadlac II 161,600 arrivals.Road transport was the most used by foreign visitors to travel in Romania, the INS points out.In the first six ...

Trade: Eurostat: Romania, among EU countries with highest increase in retail trade in June

Tuesday, August 10, 2021

In June 2021 compared with June 2020, the calendar adjusted volume of retail trade increased by 5.0% in the euro area and by 5.3% in the EU, according to data released on Wednesday by the European Statistical Office (Eurostat).In the EU, the volume of retail trade increased by 11.5% for automotive fuels, by 7.1% for non-food products and by 1.7% for food, drinks and tobacco.Among the EU member states for which data are available, the highest annual increases in total ...

Romania, 7th largest EU beer producer in 2020

Tuesday, August 10, 2021


 Romania was the seventh largest producer of beer among the 27 EU member states in 2020, according to data released on Thursday by the European Statistical Office (Eurostat).Last year, almost 32 billion litres of beer containing alcohol were produced in the EU.In addition, in 2020, the EU member states produced 1.4 billion litres of beer which contained less than 0.5% alcohol or had no alcohol content at all.Compared with 2019, EU's production of beer ...

Agriculture: African swine fever: campaign extended to new countries

Tuesday, August 10, 2021

The European Food Safety Authority - EFSA is stepping up its efforts to halt the spread of African swine fever in Europe by expanding its campaign to a further nine countries.   Last summer, EFSA launched a major campaign to raise awareness of the disease in south-east Europe. The campaign was carried out in partnership with local authorities in countries comprising a “region of concern” — Albania, Bosnia ...

AgriMin Oros: Romanians are starting eating more beef and mutton

Tuesday, August 10, 2021


The consumption behaviour of Romanians has changed lately, and they are starting eating more beef and mutton, Minister of Agriculture and Rural Development Adrian Oros wrote on Facebook on Thursday."The consumption of Romanian beef is encouraged by organising events such as the Romanian Beef Master, which took place on August 4, 2021, at Selimbar, Sibiu County. There, the best team of Romanian beef chefs was designated. Competitors cooked exclusively using products from Romania, ...

Real Estate: Office leasing activity throughout H1 2021 has increased by 17% compared to 2020

Tuesday, August 10, 2021

Office leasing activity throughout H1 2021 has amounted to over 130,000 sq. m, a 17% increase compared to the same period of 2020. Relocations and new business operations represented 61%, according to the ‘Bucharest office market snapshot’ published by real estate consultancy firm Avison ...

Retail parks in Romania proved to be twice more resilient than shopping centers during the pandemic

Tuesday, August 10, 2021

Retail parks in Romania proved to be much more resilient during the pandemic than shopping centers, the turnover of the companies that own such properties decreasing by 9.5% during 2020, compared with a decrease of 20.6% in the case of shopping centers, according to an analysis of the Cushman & Wakefield Echinox real estate consulting company which took into account the financial results of over 60 modern retail projects.   The results illustrate an average turnover ...

Real estate industry remains committed to Romania’s growth

Tuesday, August 10, 2021

As the domestic economy is expected to see a strong recovery that could reach 6 percent of GDP in 2021, some of the biggest players on the real estate market say they have adapted to an updated demand structure that was shaped during the pandemic period. Investors are positioning themselves so as to benefit from improved consumer sentiment, although recovery in the property industry remains uneven, with some segments gaining ground while others are still reeling from the effects of ...

Healhcare: Medicines market rises by 10.6% YoY to EUR 3.9 bln

Tuesday, August 10, 2021

Romanians used in the 12 months to the end of June medicines in value of RON 19 bln (EUR 3.9 bln) measured at the distribution price, 10.6% more than in the previous 12 months, according to data published by Cegedim market research company, quoted ...

Cars: New car registrations up 20.3pct in Romania, in July

Tuesday, August 10, 2021

 Over 17,500 new vehicles were registered in Romania in July this year, up 20.3pct compared to the same period in 2020, informs the Automotive Manufacturers and Importers Association (APIA), citing the data released by the Directorate for Driving Licenses and Vehicle Registration (DRPCIV).Of these, 15,493 were new cars, eyeing an increase compared to July 2020 (when 12,950 units were registered) of 19.6pct.In this context, for the first 7 months as a whole, new ...

Agriculture: Number of active African swine fever outbreaks up to 236 last week

Tuesday, August 3, 2021

The number of active outbreaks of African swine fever has risen to 236 last week, from 170 on the July 23 report, affecting 46,730 pigs, informs the National Sanitary Veterinary and Food Safety Authority (ANSVSA)."As of 29.07.2021, a number of 236 outbreaks of African swine fever are active, of which 2 outbreaks in commercial holdings and 2 outbreaks in type A commercial holdings, with a number of 46,730 swine being affected by active outbreaks," shows a press ...

Real Estate: Avison Young Report: Office leasing activity throughout H1 2021 has increased by 17% compared to 2020, amounting to over 130,000 sq. m 

Tuesday, August 3, 2021


* The office supply is expected to exceed 200,000 sq. m in H2 2021   Bucharest, July 30th 2021. Office leasing activity throughout H1 2021 has amounted to over 130,000 sq. m, a 17% increase compared to the same period of 2020. Relocations and new business operations represented 61%, according to the ‘Bucharest office market ...

Over a third rise in number of construction authorizations for residential buildings, in Q1

Tuesday, August 3, 2021

The number of building authorizations for residential buildings has gone up by 36.8%, during the first semester of the year, as opposed to the same period of 2020, when the most important important increases in the areas of South-Muntenia and Bucharest - Ilfov, according to the data published by the National Institute of Statistics (INS) on Friday.Thus, during the interval of January-June 2021 there have been issued 24.451 building authorizations for residential ...

Infrastructure: New international arrivals terminal of 'Traian Vuia' International Airport in Timisoara, inaugurated

Tuesday, August 3, 2021

The "Traian Vuia" International Airport in Timisoara (AIT) has inaugurated, on Thursday, the new international passenger arrivals terminal, after the completion of the first stage of the investment project of the Ministry of Transport and Infrastructure, partly funded from non-reimbursable European funds.The project started in February 2019, and the second stage is aimed at building the international departures terminal.The total value of the ...

Healthcare: Gov't approves establishment of Centre for Patients with Severe Burns at Targu Mures County Hospital

Tuesday, August 3, 2021

  The Government approved, by a decision, the technical-economic indicators for the construction of a Centre for Patients with Severe Burns and the reorganization of the medical flows at the Targu Mures County Emergency Clinical Hospital, for a better positioning and connection of the emergency, ICU and surgery departments.According to a press release of the Ministry of Health sent on Wednesday, the normative act stipulates a total value of the ...

Tourism: Greece preferred by Romanians for holidays

Tuesday, August 3, 2021


Greece remains one of the destinations preferred by Romanians and holidays will continue in a normal way for people who were vaccinated, ANAT (National Association of Travel Agencies) showed in a press release on Friday.   “Holidays continue now in Greece, most reservations for the second part of the season being made by vaccinated tourists. Certainly, everybody expected Greece to be on the red ...

Half of Romania's hospitality businesses struggling with indebtedness ratio of 90-plus pct, 7 in 10 at high insolvency risk

Tuesday, August 3, 2021

With over 50 percent of its companies struggling with an indebtedness ratio of over 90 percent, and seven out of ten businesses facing a high insolvency ratio in 2020, hospitality is definitely the Romanian industry most affected by the coronavirus pandemic, financial analyst Iancu Guda told a press conference on Wednesday."Hospitality is definitely the Romanian industry most severely hit by the pandemic. (...) The figures confirm a 39 percent drop in sales ...

Trade: Romanians are below the EU average when it comes to consuming soft drinks that contain sugar

Tuesday, August 3, 2021


In 2019, 9% of people aged 15 and over in the EU drank sugar-sweetened soft drinks daily, while 6% drank such ...

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