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Deliveries of new housing decrease in Bucharest to disadvantage of Ilfov county, at end of 2022 

Tuesday, October 24, 2023

   The share of Bucharest in terms of newly delivered housing decreased to 57.4% in 2022, from 66.5% in 2020, while Ilfov County increased from 33.5% to 42.6% in the reference period, according to an analysis published on last Wednesday."The urban gridlock has clear effects in terms of the accessibility of new homes in Bucharest. It increases the share of deliveries from neighboring areas, this fact having a direct impact on the increase in ...

Tourism: Greece was the most wanted summer destinations for the Romanian tourists

Tuesday, October 24, 2023


Greece as a touristic destination, either the islands or the resorts on the continent, was during the summer season of this year at the top of the Romanian tourists preferences, the agents having in many cases all places sold out before the beginning of the summer.The sales of package holidays for Greece started at the beginning of the year, so that in May there was no offer left, stated Madalina Balaiban, the owner of Hello ...

Romanian tourism close to pre-pandemic sales level

Tuesday, October 24, 2023

The sales of 2023 holiday packages are close to the Covid19 pre-pandemic level, according to representatives of several travel agencies, even though prices “have exploded”, compared to 2-19.   There are cases when sales went up by 200% this year, against 2019, following marketing strategise adapted to the pandemic period.   The ...

Healthcare: UNICEF: Approximately 22,000 children and adolescents live in Romania with a diagnosis of mental illness

Tuesday, October 17, 2023

  Approximately 22,000 children and adolescents live in Romania with a diagnosis of mental illness, and many others face various developmental, emotional or cognitive difficulties, UNICEF says, in a survey.It is estimated that a much larger number of people with psycho-emotional needs are not diagnosed and, consequently, do not benefit from adequate mental health care and treatment.The X-ray published by UNICEF specifies that the ...

Mental and behavioural disorders double in past ten years

Tuesday, October 17, 2023

The prevalence of mental and behavioural disorders has almost doubled in the past 10 years, from about 1,566 cases per 100,000 people in 2012 to about 2,890 cases per 100,000 people (3 cases per 100 people) in 2021, say National Public Health Institute (INSP) specialists on the occasion of World Mental Health Day."Unlike somatic conditions, identification and early intervention for neuropsychiatric disorders are more difficult due to factors such as the ...

Agriculture: Crop production holds largest share (65.6%) in structure of value of agricultural production in 2022

Tuesday, October 17, 2023

In 2022, crop production held the largest share (65.6%) in the structure of the value of agricultural production, down 5.6 percentage points from the previous year, according to final data the National Institute of Statistics (INS) published on Friday.The value of agricultural production in 2022, in current prices, was 109.56 billion lei."The value of crop production in 2022, compared to 2021, increased in only one development region ...

Trade: E-commerce Evolution: Trends And Predictions For The Next Decade

Tuesday, October 17, 2023

E-commerce has changed significantly over the years. What started as a simple way to buy and sell items online has become a big part of our daily shopping habits. With new technology, changing customer needs and shifts in the market, e-commerce is always evolving. As we look ahead, this article explores the future of online shopping in the next decade.  In an era where personal data becomes ...

Real Estate: The Real Estate and Construction sector attracted approximately €1.2 billion of Foreign Direct Investments in 2022

Tuesday, October 17, 2023

The real estate and construction sector attracted approximately €1.2 billion of foreign direct investments (FDI) in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2% at the end of 2022, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox real estate consultancy ...

Real estate: Demand for new apartments in Bucharest rose by 46% in Q2

Tuesday, October 10, 2023

The demand for new apartments in Bucharest recorded a 46% rise in the seconf quarter of 2023 compared to the same period of 2022, while the offer is minus 26%, according to an analysis made by Imobiliare.ro, a real estate portal in Romania. Data show increases of demand in all Bucharest areas, starting with 11% for the western area to 54% in the north.   According to the source mentioned, the offer is ...

Health: 40% of COVID cases over September 25, October 1 in Bucharest and Iasi, Timis, Cluj and Prahova counties

Tuesday, October 10, 2023

The National Public Health Institute (INSP) informed that over September 25 – October 1, 40% of Covid 19 cases were recorded in Bucharest and the counties of Timis, Iasi, Prahova and Cluj.   13,165 new cases of people infected with SARS-COV 2 were recorded and 31 deaths were reported.   According to the supervision report, 50% of ...

Tourism : More than nine million people stayed in tourist units in Romania, 8 months into 2023

Tuesday, October 10, 2023

Approximately 9.39 million people stayed in tourist accommodation structures in Romania (including apartments and rooms for rent), in the first eight months of the year, an increase of 12.3% compared to the same period in 2022, while the number of overnight stays was 20.488 million, up by 11.6%, shows the data published on Tuesday by the National Institute of Statistics.According to the quoted source, between January 1 and August 31, 2023, the arrivals of foreign ...

Ibis Styles Cluj Hotel to open in 2025 in Romania

Tuesday, October 10, 2023

Accor announces the recent signing of a management agreement with Amera Group, in the presence of Calin Ile, former president of the Federation of the Romanian Hotel Industry, for the opening of a new ibis Styles hotel in Cluj, https://www.hotelnewsresource.com/ ...

Agriculture: Veolia Romania partners with Holde Agri Invest to develop sustainable agricultural water management solutions

Tuesday, October 10, 2023

Veolia Romania Integrated Solutions (VRIS), a member company of Veolia Romania and a provider of water, sewage, and thermal energy system operation, maintenance, and management services, has entered into a partnership with Holde Agri Invest (HOLDE), an entrepreneurial company engaged in agricultural land exploitation, listed on the Bucharest Stock Exchange.   The purpose of this collaboration, as stipulated in a ...

Infrastructure: Romanian Air Lines, a new air company proposed in Romania

Tuesday, October 10, 2023


The Chamber of Trade and Industry in Romania (CCIR) organized the second meeting devoted to launching the project on inter-city air connection in Romania. At this meeting, a complex study about the lack of connectivity between Romanian cities, caused bythe precarious land and railway infrastructure in Romania was presented, together with solutions identified for beginning this new project in the aeronautic ...

Wizz Air to start new route to Leipzig, increase frequencies on 21 of existing routes in Bucharest

Tuesday, October 10, 2023

From June 2024, Wizz Air will allocate two more state-of-the-art Airbus A321neo aircraft to its base in Bucharest, will start a new route to Leipzig, Germany, and will increase the frequencies on 21 of its routes existing in Bucharest, Wizz Air CEO Jozsef Varadi said on Tuesday.With this investment, the airline will have 19 aircraft stationed and 800 people working at the base in Bucharest, thus becoming Wizz Air's largest base, while at the same time ...

Cars: New car registrations in Romania fall 11.59% in September

Tuesday, October 3, 2023

New car registrations in Romania fell 11.59% in September compared to the same period in 2022, to a volume of 10,545 units, according to data from the Romanian Automobile Manufacturers Association (ACAROM), published on Monday.According to the statistics, in the first nine months of this year, the number of new car registrations reached 110,011 units, up 15.46% compared to the same period last year.In the ranking of new passenger cars by brand at ...

Real Estate: Romania Sotheby's International Realty Announces the Sale of the Romano Mansion, a Neo-Romanesque Gem

Tuesday, October 3, 2023


One of the most impressive mansions in the Oltenia region, known as the Romano Mansion, is listed for sale at €2,050,000. This historic property ...

Number of residential building permits down 23.9 pct over Jan - August

Tuesday, October 3, 2023

 The number of residential building permits issued in Romania in the first eight months of the year was 23.9 percent down from the year-ago period, shows data released on Friday by the National Institute of Statistics (INS).All development regions saw a decline in the number of permits in the reporting period as follows: Bucharest-Ilfov (-1,539 permits), North-West (-1,181), South-Muntenia (-1,132), West (-932), North-East (-792), South-East (-722), ...

Tourism : Tourism on track to reach pre-pandemic levels

Tuesday, October 3, 2023

Macro commentary by eToro analyst for Romania, Bogdan Maioreanu     Tourism is on the track to reach the pre-pandemic levels but with each year the tendencies are evolving. While tourists are searching for convenient ways to book their travel, companies are looking for ways to improve their efficiency and generate more business from ...

Telecom.IT: Microsoft's Putinica: IT industry can contribute 7-8% of Romania's GDP, in spite of latest developments

Tuesday, October 3, 2023

    Nearly 220,000 programmers are currently working in the Romanian IT industry, and they can contribute about 8% of the Gross Domestic Product (GDP) through innovation, if things go well this year, despite the latest developments, Bogdan Putinica, country manager of Microsoft Romania and the Republic of Moldova, told a specialist conference on Friday."We are talking about a community of almost 220,000 programmers, ...

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