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Infrastructure: Wizz Air suspends dozens of flights to and from six airports in Romania during the summer season
Tuesday, February 20, 2024
*Wizz Air announces suspension of dozens of flights from six Romanian airports in Summer 2024, affecting routes to cities like Prague, Preveza, Skiathos, Jeddah, and Abu Dhabi due to reduced demand, https://www.travelwires.com/ ...
Romania is a market with unprecedented dynamics, due to implementation of large infrastructure objectives
Tuesday, February 20, 2024
Romania is a market with unprecedented dynamics, due to the implementation of large infrastructure objectives and, from this perspective, any delay can cause damage at national level and with an impact at European level, Minister of Transport and Infrastructure Sorin Grindeanu wrote on his Facebook page."A new year, a new meeting with my good friend, the Italian Minister of Transport and Infrastructure, Matteo Salvini! We have decided that it is appropriate to implement new ...
Pandel brothers acquire AnimaWings, the Romanian subsidiary of Aegean Airlines, through Christian Tour Holding SA
Tuesday, February 20, 2024
Christian Tour Holding S.A. has received the green light from the Competition Council for the acquisition of the 51% majority stake in Anima Wings Aviation S.A. previously owned by Aegean Airlines. Thus, AnimaWings airline becomes 100% Romanian, being fully owned by Memento Holding BV and Christian Tour Holding S.A. “We started this company in 2019 to fulfill a dream – that of having a 100% Romanian airline. In 2020, following a working relationship of ...
Agriculture: Processing units collect 6.2pct more cow's milk, imports drop 21.4pct in 2023
Tuesday, February 20, 2024
In 2023, processing units collected a quantity of cow's milk from farms and collection centres 6.2% higher compared to the previous year, while imports dropped 21.4%, according to data the National Institute of Statistics (INS) published on Thursday.According to the official statistics, in the period January-December 2023, butter production recorded the largest increase (+4.6%), while production of sour milk (yoghurt, drinking yoghurt, buttermilk and other similar ...
ONVPV : Over 10% Surge In Local Vineyards 2023
Tuesday, February 20, 2024
The Romanian wine industry continues its ascent, with over 50 new wineries authorized in the last 10 months, according to data from ONVPV (the National Office of the Vine and Wine Products) , analyzed by Wines of Romania. Additionally, wine production was up by 15% compared to 2022, despite coming from a slightly reduced total vineyard area compared to previous years. By the end of January this year, the list of wineries authorized for producing wines with Controlled Designation of ...
Cars: Vehicle registrations in Romania increase by 8.9% in January, to over 12,700 units
Tuesday, February 20, 2024
Vehicle registrations in Romania in January 2024 stand at 12,733 units, 8.9% more than in the similar month of 2023, representing approximately 83% of the total, according to a press statement released by the Association of Automobile Manufacturers and Importers (APIA).At the same time, electrified vehicles recorded an increase of 34.3%, getting a market share of 28.2%, while registrations of new vehicles were up 4.9% as against January 2023.On the other ...
Instant.ro: Second-hand cars will get even more expensive in 2024
Tuesday, February 20, 2024
The selling prices of used cars will continue to rise this year in Romania, but not at the same level as in 2023, when, on average, used cars became 18% more expensive. Electric and hybrid vehicles are the main categories of used cars that will be traded at higher prices, due to their growing popularity, according to an analysis by an AI-based platform in Romania mediating used car sales. The anticipated increase ...
Agriculture : Ministry of Agriculture : Requests for financing from European funds of over 1 bn euros
Tuesday, February 13, 2024
The funds available for investments in the conditioning, storage and processing of agricultural and fruit products, financed through the DR-22 intervention of the Strategic Plan for the Common Agricultural Policy 2023 - 2027 (PS PAC 2027), were fully consumed by the requests submitted online on the official website of the Agency for the Financing of Rural Investments during this period, informs the Ministry of Agriculture in a press release.According ...
Over 4 ml euros in state aid for garlic producers this year
Tuesday, February 13, 2024
The Ministry of Agriculture and Rural Development (MADR) will allocate over 4 million euros this year to partially cover losses to the garlic crop planted in fall 2023 - spring 2024 amid the crisis caused by Russia's aggression against Ukraine, shows a draft act posted on the institution's website as part of the public transparency procedure.Allocations for this state aid total RON 20,868,280, the equivalent of EUR 4,230,000, and the maximum de minimis aid ...
Poultry meat production increases by 5.5% in 2023 compared to 2022
Tuesday, February 13, 2024
Romania's poultry meat production increased by 5.5%, in 2023 v 2022, totaling 539,867 tonnes, according to the data of the National Statistics Institute published on Friday.In 2023, 321.8 million poultry were slaughtered, up from the 310.4 million recorded in 2022.The production of sheep and goat meat has also registered an advance, from 62,413 tonnes in 2022, to 89,079 tonnes of carcass in 2023, and the number of slaughtered animals increased ...
Real Estate: New Record On The Bucharest Office Market In 2023, More Than 1 Million Sq. M Leased In 2021-2023
Tuesday, February 13, 2024
116,000 sq. m of office spaces were leased in Bucharest in Q4 2023, thus bringing the total 2023 transactional volume to over 463,000 sq. m, an all – time annual take-up record, according to data from the Cushman & Wakefield Echinox real estate consultancy company. The volume in question increased by 43% y-o-y, with a 19% growth also being recorded when compared with the previous benchmark of 390,000 sq. m set in ...
Infrastructure: Romanian airports ready for Schengen accession, alongside the Border Police
Tuesday, February 13, 2024
The president of the Association of Romanian Airports (AAR), David Ciceo, estimates that traffic in the Schengen area, after March 31, will represent approximately 70% of the total flow of passengers and assures that the airports, both those in Bucharest and the regional ones, will be prepared for the necessary modifications."Romanian airports are collaborating with the General Inspectorate of the Border Police and Customs to adapt passenger flows, so ...
Tourism: In 2023 Romania exceeded arrivals recorded by travel units classified in 2019
Tuesday, February 13, 2024
The Romanian tourists' interest in holidays in Romania grew in January 2024. The booking volume through the “Early Booking” program was 30% higher than in the same period of 2023, according to a tour operator. “This increase preservesthe 2023 evolution, when the number of tourists was, on the average, 11% higher than in 2022, arrivals recorded by tourist resorts in Romania amounting to 13,647 throusand people, ...
Seaside tourism recorded over 23% booking increase in January 2024
Tuesday, February 13, 2024
Seaside tourism recorded a booking increase of over 23% in January 2024 against January 2023, while the total value of bookings exceeded by 32% figures recorded in the same period of 2023, according to data centralized by a touroperator in this holiday segment. “Generally, January indicates the trend for the ongoing year, while figures obtained in the first month of this year take us to an ...
Ministry of Economy starts national selection for Best Tourism Villages 2024
Tuesday, February 13, 2024
The Ministry of Economy, Entrepreneurship and Tourism (MEAT) starts the national selection of localities that aspire to the title of Best Tourism Villages, with Romania to send to the World Tourism Organization (WTO) no more than 8 proposals for destinations tourism, which will compete with other destinations from around the world, the ministry announced on Friday."The initiative is a precursor to the fourth edition of the World Tourism ...
Cars: Consumers cooling on EVs due to charging, price concerns
Tuesday, February 13, 2024
By Bogdan Maioreanu, eToro analyst and markets commentator The slowdown in the battery-powered EV adoption is starting to be acknowledged by the traditional automotive companies and investors alike as consumers complain of high prices and insufficient charging stations. After Tesla shares dropped over 20% in the last month over profitability concerns, we are ...
Tourism : Arrivals registered in tourist accommodation facilities up by 10.5 pct in 2023
Tuesday, February 6, 2024
Arrivals registered in tourist accommodation facilities last year totalled 13.65 million people, up 10.5% compared to 2022, 84.6% of which were arrivals of Romanian tourists, according to data published Monday by the National Institute of Statistics.Overnight stays registered in tourist accommodation facilities, including apartments and rooms for rent, in the same period totalled 29.17 million, up 9.8% as compared to the previous year. The number of overnight stays of ...
MATCA Transylvanian Sanctuary, a new hotel project in Bucegi Natural Park
Tuesday, February 6, 2024
MATCA Transylvanian Sanctuary, an exclusive tourism and hospitality project, opens its doors to offer a unique experience of accommodation and relaxation amidst the untamed nature of the Bucegi Natural Park. Located in the town of Simon, in Brasov County, near the Bran Castle, the new property functions as an independent boutique hotel, which welcomes its guests in 2 traditional Transylvanian houses, with 16 guest rooms and 2 private villas overlooking the Piatra Craiului Mountains and ...
Travelminit.Ro expands throughout Central and Eastern Europe
Tuesday, February 6, 2024
Travelminit.ro expanded throughout Central and Eastern Europe, introducing for the first time the option to book accommodation in six countries from Central and Eastern Europe: Hungary, Croatia, Austria, Czech Republic, Poland and Slovakia. At the same time, on January 17, the online hotel platform Travelminit.ro launched a new interface for its customers. The new platform is the result of a two-year ...
Infrastructure: 16 Alstom Traxx electric locomotives to be delivered to Romania by 2026
Tuesday, February 6, 2024
Under a RON 767.51 ml worth of contract (VAT exclusive), which also provides for 20-year maintenance, Alstom Transportation Germany will deliver Romania by 2026 16 new electric locomotives capable of speeds of up to 200 km/h.The 16 new 4-axle electric ERTMS-equipped locomotives are capable of traveling at maximum speeds between 160 km/h - 200 km/h and pull up to 16 passenger carriages, and are intended for rail passenger transport. The introduction of electric ...