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Accor opens the first hotel in Galati

Tuesday, September 1, 2020

Accor Group has announced the opening of its first hotel in Gala?i, ibis Styles Dunarea Galati. The property in Galati is the second to open in Romania in 2020 and will be closely followed by 5 more this year, including Mercure Galati Centrum, by the end of September. With growing interest from its partners, Accor will add 10 more hotels to the portfolio in 2021 – 2023. Pipeline covers various brands from economic to upscale segment. Accor  ...

Tourism: Number of family tourists on the littoral growing while that of young people dropping

Tuesday, August 25, 2020

The decision to close down terraces at 11.00 p.m led to a sudden drop of the number of reservations made by young people for seaside resorts, while the number of reservations made by families with children grew last week, according to data centralized by Litoralulromanesc.ro agency.   On the other hand, restaurant sales, affected by social distancing (fewer tables on terraces) and the fact that ...

About a quarter Romanians canceled holiday plans this summer

Tuesday, August 25, 2020

Over three quarters of Romanians (77%) have already been or will go on holiday this year , while a quarter (23%) chose to cancel their plâns this summer, according to a study made by an online hotel booking platform. In this context, 49% of people interviewed mentioned that Romania represents now the practical and safe choice when it comes to choosing holiday destinations.   According to answers to Travelminit.ro ...

30% of HoReCa will close down by October, unless we find solutions

Tuesday, August 25, 2020

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Companies and employees in the HORECA sector should not pay any taxes for the 2020, 2021, and 2022 fiscal years, according to a draft bill under debate in the Senate. The bill aims to help the hospitality industry, which has been among the hardest-hit by the COVID-19 pandemic and related restrictions. The businesses in this sector have declined by about 70% in 2020, according to the ...

Spa industry umbrella organization:Romania's not using its natural resources in fighting COVID, a big mistake

Tuesday, August 25, 2020

The medical commission of the Romanian Spa Tourism Employers' Organisation (OPTBR) considers that by increasing the human body's immunity, spa treatment provides a natural weapon in the fight against coronavirus, the organization's president Nicu Radulescu told AGERPRES on Friday."The spa tourism medical practitioners, who formed a medical commission of the Romanian Spa Tourism Employers' Organisation, an all-doctors organisation joining professionals of national ...

Real estate: VGP buys 39-Ha land plot in Arad

Tuesday, August 25, 2020

The market of industrial spaces in the west of Romania, respectively in the counties of Timi?, Arad and Bihor, continues to attract the attention of investors, after doubling its volume in the last ten years, ranking second after Bucharest. CBRE, leader of the real estate consultancy market, recently advised the pan-European developer VGP on the acquisition of a 39-ha land plot in Arad.  The transaction mediated by CBRE Romania, with a ...

Agriculture: Payments for Tomato Program to start this week

Tuesday, August 25, 2020

The payments for the Tomato Program start this week, with the Ministry of Agriculture and Rural Development (MADR) to feed on Tuesday the accounts of all County Agriculture Directorates, given that the Ministry of Public Finance approved the opening of budget loans, the MADR announced on Monday.The Ministry of Agriculture mentions that, during 2020, it allocated to the Tomato Program the amount of 39.477 million euros, the highest amount in the last four years ...

Study: Milk market dominated by multinationals, raw milk imports increase by 57.4 pct in H1

Tuesday, August 25, 2020

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The production of milk products and imports have recorded increases in the first six months of the year, over the similar period of 2019, the milk market being dominated by multinational companies, show the results of a study conducted by the Tara Mea [My Country] Cooperative, given on Monday to the public.According to the quoted source, raw milk imports increase in the first six months (57.4 pct), reaching 72.212 tons, compared to 50,552 in the same period of ...

Edible fruit exports grew by 43pct in first five months and imports by 13.4pct

Tuesday, August 25, 2020

 Romania's exports of edible fruits totaled, in the first five months of this year, 19.6 million euro, being 43 pct higher compared to the similar period of 2019, according to data centralized by the National Institute for Statistics.Imports clocked in at 330.4 million euro, by 13.4 pct over those in the January-May 2019 period, resulting in a deficit of 310.8 million euro.Edible fruit exports to the countries of the European Union stood, in the ...

Parliament approved new amendments to Forest Law

Tuesday, August 25, 2020

The new Forest Law was approved on Wednesday, by Parliament and will come into force after promulgation, according to a press release of the Ministry of Environment, Waters and Forests (MMAP). “Today we won a very important struggle for Romania's forests. Recently, Parliament approved the bill amending the Forest Code. We repeatedly asked by colleagues in Parliament to vote the bill in emergency procedure. The law passes from a crime permissive ...

Infrastructure : Romanian Airports Association: Passenger traffic to decrease 61% this year because of pandemic

Tuesday, August 25, 2020

Passenger traffic at the 17 airports in Romania will decrease by 61% by the end of the year, according to a document presented on Monday at the annual meeting of general managers within the Romanian Airports Association (AAR), organized in Venus seaside resort.According to the document presented by the president of AAR, David Ciceo, the passenger traffic registered in the first half of the year in all 17 airports in Romania decreased significantly, by the end of ...

European non-reimbursable funds of over 312 million lei for Lot 4 of the North Belt of Bucharest

Tuesday, August 25, 2020

Building work for the motorway surrounding Bucharest’s ring road has kicked off today, in a ribbon cutting event with multicolor fireworks attended by PM Ludovic Orban and Transport minister Lucian Bode. Bucharest is the only capital city in the European Union which lacks a high speed ring road. “Bucharest has needed the ring road motorway not since yesterday, but for at least 15 years. This ...

Cars: APIA: Motorcycle market in Romania grows by 4.7 pct, at 7 months

Tuesday, August 25, 2020

The total number of registrations of motorcycles, ATVs and scooters has grown in Romania, in the first seven months, by 4.7 pct over the same period of last year, shows the data of the Directorate for Driving Licenses and Vehicle Registration (DRPCIV), quoted by the Association of Automobile Producers and Importers (APIA).According to the quoted source, the year 2020 has debuted with a consistent increase of motorcycle registrations, namely by 30.5 pct in January and 63 ...

Telecom. IT: Average national download speed for fix Internet grew by 10% in 2019

Tuesday, August 25, 2020

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The average data transfer speed through fix and mobile Internet is rising at national level, according to the National Authority for Management and Regulation in Communications of Romania (ANCOM). The Authority points out that the national average download speed for fix Internet grew by 10%, to 148.95 Mbps in 2019 compared to 2018. “Official statistics on the quality of fix and mobile Internet in Romania elaborated by ANCOM based on tests from ...

Telecom.IT : President Iohannis: Legislation worked out to prevent suspicious companies from entering 5G market

Tuesday, August 18, 2020

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Romania wants secure networks and a special legislation is being worked on to prevent suspicious companies from entering the 5G market, said President Klaus Iohannis on Wednesday, at a briefing at the Cotroceni presidential Palace."Romania's position is exactly the position expressed in the memorandum that was signed last year, when I visited President Trump. We want secure networks, networks that are not under the control of countries with interests other than ...

Agriculture : Romania's national forest stock covered 27.7 pct of country's surface at end-2019

Tuesday, August 18, 2020

 Romania's national forest stock covered 6.592 million hectares or 27.7 percent of the country's surface as of the end of 2019, by 0.1 percent more compared to 2018, shows data centralized by the National Institute of Statistics (INS).Woodlands accounted for 6.427 million hectares, with 1.915 million hectares (29.8 percent) under coniferous species and 4.512 million hectares (70.2 percent) under deciduous trees.Woodland under public property ...

Romania's raw milk imports 42.8 pct up in H1

Tuesday, August 18, 2020

Romania's raw milk imports in H1 2020 were almost 43 percent higher YoY, while the amount of milk collected by processing units from farms and collection centers was by 0.7 percent lower than in the same period of the year before, shows data released on Tuesday by the National Institute of Statistics (INS).The production of sour cream decreased by 109 tons (-0.3 pct) in the reporting period compared to the first six months of 2019.Compared to the ...

President Iohannis promulgates law on farmland purchase, sale

Tuesday, August 18, 2020

 On Friday, President Klaus Iohannis promulgated a law amending and supplementing Law 17/2014 establishing measures to regulate the sale-purchase of farmland located outside the built-up area and amending Law 268/2001 regarding the privatisation of commercial companies that administrate land in the public and private property of the government designed for agricultural use and the establishment of the State Estates Agency.The law says that the alienation by ...

Real Estate: Real estate investment advances 17pct In Romania in H1 2020 

Tuesday, August 18, 2020

The volume of real estate investment in Romania totalled approximately 395 million euros in the first half of 2020, 17% more than in H1 2019, according to a press statement released by the real estate consulting company CBRE on Thursday.Office buildings were the most sought after property by investors, representing 88% of the traded volume."Office buildings continue to attract the attention of investors, especially projects in Bucharest. Currently, ...

Colliers: Construction sites are working at a normal pace during this period

Tuesday, August 18, 2020

Colliers International has monitored construction works, from foundation to delivery, for projects with almost 750,000 square meters in the last 5 years, of which three quarters in the industrial area, almost 20 percent in the office area and 5 percent in the residential area. Construction works are being carried out at a normal pace during this period on the sites monitored by Colliers International specialists or even at an accelerated pace in some cases, amid plans to ...

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