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Home&Deco, The Star Segment In The First 6 Months In Ecommerce

Tuesday, August 8, 2023

The analysis conducted by MerchantPro, a local SaaS eCommerce solutions platform, based on data from active online stores in both 2023 and the first half of 2022, reveals an 8.5% increase in sales compared to the same period last year. In terms of the number of orders placed by customers this year, the growth remains moderate (+6%).   According to the data analyzed by MerchantPro, the most dynamic market ...

Infrastructure: European Union Aviation Safety Agency notified with respect to Wizz Air flights in Romania

Tuesday, August 8, 2023

The European Union Aviation Safety Agency has been informed about the issue of flights operated by Wizz Air from Romania, in order to implement the relevant legislation, Bogdan Mindrescu, secretary of state with the Ministry of Transport and Infrastructure, posted on his Facebook page on Saturday."Today we had a series of concrete discussions regarding flight cancellations, operating delays and the situation of Wizz Air company passengers in Romania. (...) I ...

HiSky: Bucharest – Chisinau Flights from 49.99 euro, starting September

Tuesday, August 8, 2023

Starting September 25th, HiSky introduces a new route that will connect Bucharest and the capital of the Republic of Moldova. The flights will be operated three times a week, every Monday, Wednesday, and Friday, departing from Chisinau airport at 7:30 am and returning at 6:30 pm. The ticket price starts from 49.99 euros per flight segment, and the duration of the journey is 50 minutes.   Until the ...

Aeroitalia to fly on new route from Baneasa Airport, as of September 16

Tuesday, August 8, 2023

A new air route between Romania and Italy will be available from September 16 from Baneasa - Aurel Vlaicu Airport in Bucharest, Aeroitalia announced in a press release on Friday.According to the quoted source, the flights connecting Baneasa - Aurel Vlaicu Airport in Bucharest with Ancona Airport will be operated by ATR72 aircraft with 68 seats and are scheduled every Tuesday, Thursday and Saturday.The schedule of the new flights is as follows: ...

Cars: New passenger car registrations in Romania decline 2.8pct in Q2 2023

Tuesday, August 8, 2023

New passenger car registrations in Romania decreased by 2.8% in Q2 2023 , y-o-y, while new registrations of commercial cars declined 8.6% in the same period of time, according to data published on Friday by the National Institute of Statistics (INS).In Q 2 2023, the share of new registrations of imported used passenger cars in total new car registrations further increased (67%), with a decrease of 7.2 percentage points y-o-y noticeable in used commercial ...

Tourism: Greece, Bulgaria and Turkey, countries where Romanians chose to spend holidays this summer

Tuesday, August 1, 2023

Over 53% of Romanians who spend their holidays abroad this summer cose countries like Greece, Bulgaria and Turkey, and 56% chose to travel by personal car, according to an opinion poll made by CEC Bank in partnership with FinZoom.ro.   Greece is the country where most Romanians chose to spend their holidays – 22% of respondents, while 17% chose Bulgaria and 14.5% will go to Turkey. At the same time, ...

Survey: Four out of ten Romanians travelled abroad in past year

Tuesday, August 1, 2023

According to MKOR and Avis study called “Romanians' Travel Habits” four out of ten Romanians travelled abroad in the past year, 43% prefer to travel for well defined purposes, with limited time and budget, according data of a specialized study released on Tuesday. At the same time, the number of epople who chose another country is lower – four out of ten Romanians, while travelling frequency is reduced to an average ...

Hilton makes EUR 11 M investment in 4-star Hotel in Targu Mures

Tuesday, August 1, 2023

In July, the inauguration of the Hampton by Hilton hotel took place in Targu Mures, an investment of 11 million euros by Multinvest Group, co-financed in proportion to 35% by the Pro Economica Foundation. The construction of the 6-story building with a usable area of 5,000 square meters began in April 2021 and lasted two years. Hampton by Hilton Targu Mures has a total capacity of 115 rooms and has been classified as 4 ...

Trade: Romanian out of home coffee market is 600 million euros, a third of which generated in Bucharest

Tuesday, August 1, 2023

The out of home coffee market in Romania is an industry amounting to 600 million euros, a third of which being generated in Bucharest, where the average coffee price is 10.5 lei, according to a Hospitality Culture Institute study.   According to a press release issued on Wednesday, the study “Out of home consumption in Romania”, analyses coffee consumption behavior in ten urban centers in ...

Healthcare: telemedica, a virtual clinic software product, launched by htss following an investment of over 500,000 euros

Tuesday, August 1, 2023

High-Tech Systems & Software (htss), a company specializing in providing software services for the medical industry, with over 1,000 clients in 11 countries, has launched telemedica – a Software as a Service (SaaS) platform of virtual clinic type, following an investment of over 500,000 euros. The platform targets clinics, medical centers, and public and private hospitals in Romania. Through telemedica, medical units can open new sales channels for medical services, ...

Romania is almost at the bottom of the ranking in Europe in terms of neonatal screening

Tuesday, August 1, 2023

Romania is almost at the bottom of the ranking in Europe in terms of neonatal screening, the president of the Romania National Alliance for Rare Diseases, Dorica Dan, said on last Thursday."Basically, Romania is at the bottom of the ranking in Europe regarding neonatal screening. Screening is done only for three diseases. We also have a pilot project for screening patients with spinal amyotrophy - a pilot project implemented by the Robanescu Hospital in ...

Infrastructure: AirConnect starts operating on Baneasa Airport with inaugural flight to Baia Mare

Tuesday, August 1, 2023

The Romanian-owned airline AirConnect launched its operations from Bucharest Baneasa "Aurel Vlaicu" International Airport, with four daily flights and four arrivals, at prices starting from 50 euros."This is the moment when, in fact, AirConnect consolidates its presence in Bucharest by repositioning itself to a new home, which we hope will be successful and bring our passengers the benefits they are so much looking for and for the moment we could not offer ...

Baneasa Airport registers 10k passengers in first month of operations

Tuesday, August 1, 2023

Henri Coanda (Otopeni) International Airport will register over 14 million passengers this year, so somewhere around the figure recorded in 2019, the best pre-pandemic year, and on Bucharest Baneasa "Aurel Vlaicu" International Airport we expect to reach the one million annual passenger mark quite quickly, in less than a year, Bucharest Airports National Company (CNAB) Spokesman Valentin Iordache said on Monday.Speaking at the conference to launch the ...

Real estate: End of year could bring along relaunch of real estate transactions

Tuesday, August 1, 2023

Real estate in Romania was characterised, in the first 6 months of the year, by the buyers' pridence, with minor adjustments of transaction prices, but the end of 2023 could be marked by a slight amendment of the number of purchases, in thecontext of dropping inflation, according to an analysis. In the opinion of Oriol Casellas Deig, general manager of Meta Estate Trust, a real estate company, inflaiton dropping will encourage the local real estate market by reducing ...

22% increase in gross demand for offices in Bucharest, in first six months

Tuesday, August 1, 2023

 The gross demand for offices in Bucharest increased by 22% in the first half of this year compared to the similar interval in 2022, up to an area of approximately 164,400 sqm, reveals a specialized analysis published on Wednesday.Compared to the second quarter of the current year, the demand almost tripled and exceeded 120,000 sqm.According to iOPartners (JLL Preferred Partner in Romania) data, net demand was only 47% higher compared to the ...

CPI Romania: We’ve had a very fruitful year in terms of office leasing

Tuesday, August 1, 2023

Since the beginning of the year, CPI Romania has signed over 35,000 sqm GLA, which represents 20 percent of the leasing activity for the entire Bucharest office market, while attendance in the group’s office buildings in Bucharest has reached 70 percent. Fulga Dinu, country manager at CPI Romania, talked to Business Review about the company’s plans for its local office and retail portfolio, which totals 590,000 sqm, and the trends shaping its operations in ...

CBRE: Investments in real estate market, down by 43% in first half of the year

Tuesday, August 1, 2023

 The volume of investments in the Real Estate market went down to 183.8 million euros after the first half of the year, 43% less than the same period last year, and 21% of the total volume of investments was directed to the retail sector, in increase by 7% compared to the same year, according to an analysis released by the CBRE real estate investment company.Retail has attracted investments of 39 million euros and is in the top three in terms of ...

Agriculture: Value of agricultural production, down last year by almost 16%, to 109.56 billion RON

Tuesday, August 1, 2023

The value of agricultural production decreased by 15.8% in 2022, compared to the previous year, totaling 109.56 billion RON at current prices, according to data published on Tuesday by the National Institute of Statistics (INS).Plant production decreased last year by 22.8%, to the value of 71.91 billion RON, animal production by 0.5% (34.86 billion RON), while agricultural services increased by 29.2%, recording a value of 2.78 billion RON.In ...

Infrastructure: Braila Bridge – a great leap for Romania and the EU

Tuesday, July 25, 2023

* The new Braila Bridge over the Danube is an engineering marvel which shows that Romania can carry out complex infrastructure projects. It represents another milestone in the efforts of EU Cohesion Policy to enhance territorial integration and promote economic growth in the EU, ...

1,274 CFR Marfa rail cars sold off for 27.92 ml RON in debt repayment effort

Tuesday, July 25, 2023

The liquidation through the National Tax Administration Agency (ANAF) of garnished rail cars of the Romanian rail freight company CFR Marfa began in May 2022 and as many as 1,274 rail cars have been sold and invoiced so far for a total price of 27.92 million RON, CFR Marfa CEO Daniel Postolache told a news conference on Friday."The cars and engines placed under garnishment by ANAF since March 2020 are not used in the company's current activity, they are in conservation, ...

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