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Economic
Non-resident tourists spend 3.9 bn RON in Romania nine months into 2023
Tuesday, December 19, 2023
More than 1.5 million foreign tourists were accommodated in the profile units in Romania in the first nine months of this year, and their expenses exceeded 3.9 billion RON (rd 780 million euros), respectively 2,578 RON/person, according to the data published on Friday by the Institute National Statistics Office (INS).Business trips (including participation in congresses, conferences, courses, fairs and exhibitions) represented the main reason for the stay ...
Cars: Green cars registrations, up 31.5pct in first 11 months
Tuesday, December 19, 2023
The number of "green" cars registered in Romania in the first 11 months of the year increased 31.5% compared to the same period in 2022, while the market share reached 24.1%, according to data published Wednesday by the Association of Automobile Manufacturers and Importers (APIA), based on statistics from the Directorate of Driving Licenses and Vehicle Registration (DRPCIV).Overall, from January to the end of November 2023, new car registrations were up ...
Trade in motor vehicles up 13.3 pct in first ten months of 2023
Tuesday, December 19, 2023
Wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as unadjusted series, recorded a 13.3% higher turnover in the first ten months of the year compared to the same period in 2022, influenced by trade in motor vehicles (+23.8%) and trade in motor vehicle parts and accessories (+1.2%), shows data from the National Institute of Statistics (INS) published on Friday.The official statistics reveal that decreases in turnover were ...
Infrastructure: Commissioner Adina Valean: Romania presented project for Giurgiu-Ruse II bridge
Tuesday, December 19, 2023
Romania presented a project for Giurgiu-Ruse II bridge, as answer for the call for projects on military mobility, said Adina Valean, the European commissioner for transports on Thursday. She mentioned that Romania applied for a bridge with railway option. The value of the feasibility study is 6 million euros. “We financed with 570 ...
HiSky has received authorization to fly to the USA: The long-haul aircraft to operate transatlantic routes, an Airbus A330, lands in Bucharest on Monday
Tuesday, December 19, 2023
The U.S. Department of Transportation has granted HiSky the Foreign Air Carrier Permit, following the successful completion of all verification and authorization stages. As a result, starting from this date, HiSky becomes the only airline in Romania that holds the right to operate scheduled passenger flights from Europe to any destination in the United States Following this authorization, HiSky is preparing to launch its first direct ...
Domestic freight transport sector could grow by 40pct if Romania reaches 2,000 km of motorway
Tuesday, December 19, 2023
The Romanian freight transport sector could grow by approximately 40%, and exports by 10%, if Romania has 2,000 km of highway at the end of this decade, according to a specialist analysis, published on Thursday."Romania's trade exchanges with other European countries are on an upward trend, but we will be able to add another 38% to this organic growth only thanks to the highway network. It is a chapter in which Romania has suffered for a long time, and if at ...
Agriculture: Raw milk imports dropped by 27.5% in first 10 months
Tuesday, December 19, 2023
Processing units in Romania collected 1.023 million litres of cow milk in first ten months, on the rise by 7.8% against the same period of 2022, while the imported quantity of milk dropped by 27.5% , according to data released by INS on Friday. The production of cream for consumption recorded a 0.9% increase, while that of yogurt, buttermilk drink and other dairy products had the most important drop of ...
EBRD and EU back innovative vertical farm in Romania
Tuesday, December 19, 2023
When Romanian horticulture expert Cristian Tudor started his business in 2014, he was the first in the country to grow microgreens – tiny vegetable greens with a higher nutritional value and shorter production cycle than their mature “cousins”. Since ...
Agra Asigurari: More than 80,000 hectares of autumn crops are protected by the reseeding package at the start of the 2023-2024 agricultural season
Tuesday, December 19, 2023
Agra Asigurari, the leading national specialist in agricultural insurance, announces the first results for the 2023-2024 agriculture season for the Reseeding Package. Currently, there are more than 80,000 hectares of insured autumn crops through the Reseeding Package, the product supports farmers by providing them with extensive protection against unpredictable risks that may affect their crops. These ...
Trade: Study: 1 out of 2 Romanians extends their shopping session if they hear music they like in the background
Tuesday, December 19, 2023
Reveal Marketing Research conducted a nationally representative study to explore the extent to which background music influences how Romanians feel and interact with their surroundings when visiting various commercial spaces for shopping.” Stores (83%) and malls (48%) are the main leisure destinations for ...
Real Estate: Report: Sustainability Gains Ground in Europe: 34% increase in certified office take-up in H1 2023
Tuesday, December 19, 2023
CBRE, one of the global and national leaders in commercial real estate investment and services, has launched the third edition of their research report, ‘Is Sustainability Certification in Real Estate Worth it?’. The report, conducted in 19 European countries, including Romania, confirms a significant correlation between sustainability certificates, higher energy performance, and office building market ...
Telecom. IT: 85.7pct of Romanian households have access to the Internet network in 2023
Tuesday, December 12, 2023
The share of households in Romania that had home Internet access this year is 85.7% of the total, an increase of 3.6% compared to 2022, according to data published by the National Institute of Statistics (INS) on Friday.According to official statistics, the share of people aged between 16 and 74 who have ever used the Internet was 92.5%, by 2.8% more year-on-year.In 2023, among the households in Romania, 85.7% had home Internet access, and in the ...
Trade: Winter holidays bring 28% higher sales than annual monthly average
Tuesday, December 12, 2023
December, period of winter holidays, brings to the shops online sales 28% higher than in the annual monthly average, according to a study made by a platform SaaS based on Artificial Intelligence (AI)."The Christmas holidays are a new peak shopping period in eCommerce. And this time, we looked at a representative sample of online stores, and the measurements show an overall sales increase of 28%. What we see ...
Study: 59% of Romanians prefer to shop in physical stores
Tuesday, December 12, 2023
Publicis Groupe Central & Eastern Europe (CEE) has joined forces with GWI, the global consumer research platform, to unveil a rare insight into Central & Eastern European consumers’ behavior in the retail trends report “You Are What You Buy“. This comprehensive study draws from GWI’s world-renowned survey on online consumer behavior, featuring data from internet users aged 16-64 in Bulgaria, Czech ...
GfK: The sales of higher-value products such as laptops, desktops or robot vacuum cleaners have all declined
Tuesday, December 12, 2023
While the sales of kitchen appliances are on the rise in the first nine months of the year, those of IT goods are falling sharply, according to data from the market research company GfK. For example, the sales of deep fryers have doubled, while in the case of laptops and PCs, there is a decline of 15-20%. "After two years of sustained ...
Agriculture: The wine production of Domeniile Ostrov increased to 10 million liters in 2023
Tuesday, December 12, 2023
Domeniile Ostrov records a wine production of 10 million liters this year, an increase of over 11% compared to the volume of 9 million liters recorded last year, and from December the company started exporting to China, according to Aurel Stefan, the company’s commercial director. ”Harvesting is over and November and December are much better on the sales side. Both wine and canned goods have a ...
Cars: APIA: 68pct of the total number of cars sold in Romania could be electric in 2030, according to official
Tuesday, December 12, 2023
The share of purely electric cars sold in Romania could reach up to 68% of total sales in 2030, the president of the Association of Automobile Manufacturers and Importers (APIA), Dan Vardie, said on last Wednesday, at a event dedicated to sustainable mobility."If we talk about the development of electro-mobility in the industry, a possible scenario is that, in 2030, 68% of the total number of cars sold in Romania could be purely electric, 11% could be ...
Romania to have 30,000 charging stations for electric cars by mid-2026
Tuesday, December 12, 2023
Romania plans to enhance the national infrastructure for alternative fuels in road vehicles, which includes the installation of at least 30,000 recharging points by mid-2026, EU Commissioner for Transport Adina Valean announced at a sustainable mobility event in ...
Tourism : Kempinski to open five-star ski resort in Poiana Brasov
Tuesday, December 12, 2023
Kempinski Hotels has revealed the latest addition to its European portfolio: a ski resort, in the mountains of central Romania, that will transform the town of Poiana ...
Real Estate: VGP Park Arad hosts FAN Courier’s first international hub, on an area of 10,000 sqm
Tuesday, December 12, 2023
VGP, a European supplier of high-quality logistics and semi-industrial real estate, announces a new step in its development, namely the full lease of the first building in VGP Park Arad. The most recent client, who rented an area of 10,000 m2 and whose space was handed over recently, is FAN Courier. The courier company thus opens in Arad, through this contract, its first ...