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Cars: Romanian car makers, importers voice support for EUR 8,500 EV subsidies in 2025
Tuesday, February 18, 2025
The Association of Romania's Automobile Manufacturers and Importers (APIA) is supporting the implementation of another vehicle scrappage programme with efficient subsidies of EUR 8,500 euros for electric vehicles, which will provide predictability at least until 2030, according to APIA Chairman Dan Vardie."APIA continues to be a reference pillar in providing precise analyses and visionary perspectives on the automotive industry in Romania, with a ...
Romania exports new vehicles worth EUR 12 billion in 2024
Tuesday, February 18, 2025
The Association of Romania's Automobile Manufacturers and Importers (APIA) is firmly rejecting the idea that the Romanian automotive industry is not performing well, as it has been erroneously publicly alleged, given that Romania exported in 2024 new vehicles worth approximately EUR 12 billion, while imports were EUR 3.5 billion."The Association of Romania's Automobile Manufacturers and Importers wants to clarify the recent information that appeared in the ...
New car registrations down 10.4pct in Romania in January
Tuesday, February 18, 2025
New car registrations saw a 10.4% decrease in the first month of this year, compared to January 2024, while the fully electric car segment reported a 28.4% decrease, respectively a 9.8% market share, according to data released by the General Directorate of Driving Licenses and Registrations (DGPCI), processed by the Automotive Manufacturers and Importers Association (APIA).According to a press release of the Association sent to AGERPRES on Tuesday, new car ...
Tourism: FIHR: Hotel industry needs specialists with skills in management apps of accommodation facilities online presence
Tuesday, February 18, 2025
The hotel industry needs specialists with digitalization skills in management apps of the online presence of accommodation facilities, the president of the Federation of the Hotel Industry in Romania (FIHR), Simona Constantinescu, said. Asked whether there is a deficit in the process of training dedicated staff, Simona Constantinescu replied: "There is room for growth"."HoReCa staff training companies certainly suffered the most during the ...
Real Estate: Logistics and industrial spaces reach approximately 7.6 million sqm in 2024
Tuesday, February 18, 2025
Developers completed over 570,000 square metres (sqm) of logistics and industrial spaces last year, a 27% increase compared to 2024, so that the national stock of these types of spaces reached approximately 7.6 million sqm, according to a specialist analysis published on last Tuesday.According to data from Cushman & Wakefield Echinox consultants, development activity rebounded last year, after 2023 saw project deliveries 46% below the 2022 ...
Romania, among top office markets in Central and Eastern Europe
Tuesday, February 18, 2025
Bucharest is among the largest and most mature office markets in Central and Eastern Europe, alongside Warsaw, Prague and Budapest, standing out through the growth of the green building stock and the integration of sustainability standards, according to a report published by a real estate consultancy company analysing the office markets in 11 cities in the region."Although the pace of new deliveries has slowed recently, sustainability remains a priority for ...
Colliers: Romania strengthens its position as a regional logistics hub
Tuesday, February 18, 2025
Romania’s industrial and logistics real estate market continued to grow in 2024, with deliveries totaling approximately 400,000 square meters, bringing the total stock to 7.4 million square meters, according to the annual report published by Colliers. Interest from both international and local investors has increased, and major transactions, such as the expansion of retailers LPP and Deichmann, confirm Romania’s position as a strategic distribution hub for ...
Infrastructure: TAROM launches special prices for flights from Chisinau to Europe, Middle East destinations
Tuesday, February 18, 2025
Romanian national airline company TAROM is launching special offers for flights from Chisinau to Bucharest with fares starting from 109 euros per person, round-trip, as well as other special prices to cities in Europe or the Middle East.According to a press release from the company sent on Friday, the ticket sales period is from February 14 to 16, and the travel period is between March 1 and December 15, 2025, except for the period from April 14 to 24, ...
Trade: Romanian watches and jewelry market reaches new record of 3 B RON in 2024
Tuesday, February 18, 2025
The overall turnover of companies operating in the Romanian watch and jewelry market increased by 6% compared to 2022 and by 187% against 2014, up to a record level of 2.8 billion RON in 2023, reads an analysis by KeysFin, based on data from the Ministry of Finance."Despite the slowdown in the growth rate, we estimate the stabilization of the turnover on this market around the 3 billion RON threshold in 2024. In the medium term, the Romanian watch and ...
Romania imports 38.7% more raw milk in 2024
Tuesday, February 18, 2025
Romania imported 38.7% more raw milk last year compared to 2023, while the amount of cow milk collected by processing units on the domestic market increased 4.6%, according to data the National Institute of Statistics (INS) published on Friday.Thus, the amount of raw milk imported by processing units reached 159,812 tonnes last year, while the volume of milk collected domestically was 1.26 million tonnes.Dairy production recorded an increase ...
Trade: Bucharest topping retail sales rankings in Romania
Tuesday, February 11, 2025
Bucharest is the national leader in Romania in terms of retail sales, with 10.49% of the total, followed by Timisoara (7.23%) and Cluj-Napoca (4.58%), according to a special survey conducted by Footprints AI.The survey shows that women generate almost 60% of trades in Romanian retail, and the 35-54-year-old segment dominates consumption through financial stability and orientation towards quality products, while families with children contribute almost 35% of ...
E-commerce reaches 3.32% of Romania’s GDP in 2024, still below EU average
Tuesday, February 11, 2025
Romania's e-commerce sector accounted for 3.32% of the country's GDP in 2024, showing steady growth but still trailing behind the European average of around 5%, according to data from the Bulgarian eCommerce Association. In Central and Eastern Europe, Greece leads the region with e-commerce contributing 7.87% to its GDP, while Bulgaria lags behind with just 2.34%. Despite being below the EU ...
Retail turnover volume, up 8.6% in 2024
Tuesday, February 11, 2025
The retail turnover volume (excluding the retail trade of motor vehicles and motorcycles) recorded an increase of 8.6% in 2024, compared to the previous year, according to data the National Institute of Statistics (INS).According to the quoted source, compared to the reference period, increases were recorded in the sales of non-food products (+14.8%), sales of food products, beverages, and tobacco (+3.8%), and retail trade of motor fuel for vehicles in ...
Tourism : Turkey reports over 1 million Romanian tourists by the end of 2024
Tuesday, February 11, 2025
According to the Ministry of Culture and Tourism of Turkey, the country hosted 1,173,358 Romanian tourists between January and December 2024, an increase of 18.52% compared to 2023 (990,005). Moreover, by the end of 2024, Turkey hosted 329,796 tourists from the Republic of Moldova, 14.36% more than in 2023 (288,377). Türkiye achieved a 9.8% year-on-year growth in its visitor numbers and ...
Arrivals in tourist accommodation units, up by 4.5 pct in 2024
Tuesday, February 11, 2025
Arrivals in Romania's tourist accommodation establishments (rental apartments and rooms included) in 2024 totaled 14.263 million people, up 4.5% compared to 2023, according to data from the National Institute of Statistics (INS), published on Wednesday.Out of the total number of arrivals, those of Romanian tourists in tourist accommodation facilities accounted for 83.3%, while foreign tourist arrivals accounted for 16.7%.The number of overnight ...
Agriculture: Romania's meat production increases in all animal, poultry species in 2024
Tuesday, February 11, 2025
The number of slaughters increased in pigs, sheep and goats and birds, and decreased in cattle in Romania in 2024 compared to the previous year, while carcass weight (meat production) increased in all animal species and fowls, the National Institute of Statistics (INS) reported.In December 2024 as against December 2023, the number of slaughters and carcass weight increased in pigs and poultry, and decreased in cattle, sheep and goats.According to ...
Cars: New registrations of road vehicles for passenger transport up 13.5pct in Q4 2024
Tuesday, February 11, 2025
New registrations of passenger vehicles increased by 13.5% in the fourth quarter of 2024 compared to the same period of the previous year, and those of commercial vehicles increased by 7.5%, the National Institute of Statistics (INS) informs in a press release on Tuesday.New registrations of passenger vehicles saw increases in the mopeds and motorcycles category by 55% and in the passenger car category by 12.3% and a decrease in the bus and minibus category ...
Real Estate: Romanian real estate investments reach 750 million EUR, up 58 pct, in 2024
Tuesday, February 11, 2025
Real estate investments in Romania reached 750 million EUR in 2024, up 58% from the previous year, but slightly below the annual average of 800 million EUR over the past decade, according to an annual report published by Colliers, a real estate consulting company."Romania stood out as a regional leader, with the best performance compared to the other five major Central and Eastern European economies - Bulgaria, the Czech Republic, Hungary, Poland and ...
Study: Commercial real estate firms expect revenue growth in 2025
Tuesday, February 11, 2025
Almost 90% of commercial real estate companies (commercial spaces, business centers and office, logistics premises) expect their revenues to increase in 2025, but remain cautious about the changing market conditions, and 60% anticipate an annual growth of more than 5%, after two consecutive years in which most participants expected revenue declines, according ...
Infrastructure: Romanian airport directors hopeful aircraft shortage will be settled, air traffic will further increase
Tuesday, February 11, 2025
Energy efficiency and carbon footprint reduction, infrastructure development, but also increasing air traffic despite the problems facing the European aviation market were the topics on the agenda of the National Civil Aviation Conference taking place Thursday and Friday in Poiana Brasov with the participation of Romanian airport directors."We discuss increasing traffic, infrastructure development, the new relevant regulations and cooperation to ensure ...