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Romania's tourist accommodation capacity up 0.8pct as of July 31
Tuesday, October 25, 2022
Bed places in Romania's tourist accommodation establishments increased by 0.8% on July 31, 2022, y-o-y, while tourist accommodation establishments were down 0.3% according to data with the National Institute of Statistics (INS).According to INS, most hotels were rated three stars (54.7% of all hotels) and there were 36 five-star hotels, the same as on July 31, 2021.Of the total number of bed places in hotels, 46.4% were in three-star hotels, ...
Infrastructure: Gov't approves procurement of 20 electric trains for passenger transportation, through PNRR
Tuesday, October 25, 2022
The Executive approved in Wednesday's meeting the substantiation note regarding the Transport Ministry's procurement of 20 electric trains for passengers, with the amount needed to implement the project standing at 184,000,000 euro, including VAT, money secured through the National Recovery and Resilience Plan (PNRR) and the state budget, Spokesman of the Gov't Dan Carbunaru announced.According to a release of the Executive, the procurement of the rolling stock ...
Wizz Air wants to become the de facto national air carrier of Romania
Tuesday, October 25, 2022
Hungarian low-cost airline Wizz Air doesn't have enough capacity in terms of aircraft to fill the gap left by Blue Air, "but we'll see what we can do next year," CEO József Váradi ...
Agriculture: Romania submits to EC National Strategic Plan for agriculture
Tuesday, October 25, 2022
Romania sent on Tuesday to the European Commission the National Strategic Plan for agriculture for the period 2023-2027, Agriculture Minister Petre Daea announced on Facebook on Wednesday."After months of sustained work, we managed to finalize Romania's National Strategic Plan. Yesterday, October 18, 2022, at 7:30 p.m., the final version of the National Strategic Plan, as approved by the experts of the European Commission, was sent to Brussels. Ministry experts, ...
Agriculture: Agricultural production worth almost 104 billion lei in 2021
Tuesday, October 18, 2022
- In 2021, the agricultural production value was 103878.6 mill. lei in current prices. - In 2021, also, the crop production holds the highest share (71.2%) in the structure of the agricultural production value, followed by the animal production (27.0%) and by agricultural services (1.8%). The total value of the production recorded by the Romanian ...
Infrastructure: Oradea Airport to be modernized with 132 million lei, with European financing
Tuesday, October 18, 2022
Oradea Airport management presented on Tuesday a project for the development and modernization of airport infrastructure of 132 million lei, of which 95 million lei represent European financing through Large Infrastructure Operational Program 2014-2020. “We now bring infratsructure where it should be. There were past intentions, triggered by needs and modernization. If we look around, we see that ...
Wizz Air increases the frequencies of flights to Tel Aviv from Bucharest and Cluj-Napoca
Tuesday, October 18, 2022
Wizz Air increases the frequency of the flights to Tel Aviv operated from Bucharest and Cluj-Napoca has announced on Wednesday the company.“Romanian passengers will now be able to travel from the ‘Henri Coanda’ International Airport Bucharest to the “Ben Gurion” International Airport in Tel Aviv 16 times a week, increasing the frequency with four flights, from 12 flights in the past,” the statement ...
HiSky introduces three new routes departing from Bucharest
Tuesday, October 18, 2022
The HiSky is expanding its operations in the Bucharest hub with three new routes. The airline thus reaches four international destinations and two domestic destinations operated from Otopeni airport. Belgium, Ireland, and Spain are the countries to which Romanian passengers will be able to travel with HiSky, departing from Bucharest, starting end of this year. By opening the new routes, the company aims to respect ...
Real estate: Over 60,000 houses sold throughout the country, most of them in Bucharest, Ilfov and Timis
Tuesday, October 18, 2022
Over 60,000 houses sold throughout the counry in September, most of them in Bucharest, Ilfov and Timis. The counties with lowest number of sales were Olt, Calarasi and Alba. “In September 2022 62,054 houses were sold throughout the country, 3,668 more than in August. The number of houses, lands and apartments sold in September is by 2,496 smaller than in the same period of 2021,” the ...
CBRE: The self-storage market is a new business segment in Romania and has reached 25,000 rentable square meters in 2022
Tuesday, October 18, 2022
The Romanian self storage market has identified itself as a stable market reaching 25,000 rentable sq m in 2022, which represents 0.2% share of total Europe area, according to the European Self Storage Industry research special report, launched by CBRE real estate consultancy firm. As of 31 March 2022, 43% of the lettable area is occupied, but the ...
Trade: Electronic trade almost trebled business figure in last 5 years
Tuesday, October 18, 2022
Online trade is one of the most performing sectors of the national economy, business trebled in the last five years, to 7 billion euros estimated for this year, and is used by about 90% of Romania's adult population, said Cristian Pelivan, the executive director of the Romanian Association of Online Shops (ARMO) at Profit E-commerce. He considers that this sector will continue to grow in the following years, as more people will leave aside their fear for the online and ...
Tourism : KeysFin analysis: Local retail and HORECA distribution market, record level in 2022
Tuesday, October 18, 2022
The turnover of retail and HORECA distributors in Romania increased by 27% compared to 2020 and was 46, 5% above the level in 2017, to RON 21, 1 billion in 2021. “If in 2021 we saw the substantial increase in turnover based on the return of appetite for consumption, for 2022 we estimate the continuation of the trend based on the considerable transmission of inflationary pressures amid the ...
Tourism : Arrivals in Romania's tourist accommodation establishments dip 1.4 pct in August
Tuesday, October 11, 2022
Arrivals in Romania's tourist accommodation establishments in August 2022 totaled 1.706 million, 1.4 percent down year-over-year, the National Institute of Statistics (INS) said on Monday.Romanian tourists accounted for 89 percent of this figure.The net occupancy rate for tourist accommodation units in August was 45.4 percent overall, 3 percent down from August 2021.Arrivals in tourist accommodation establishments over January 1 - August ...
Number of tourists choosing local day trips rises 60 pct in past two years
Tuesday, October 11, 2022
The number of tourists who chose local day trips has increased by over 60 percent in the past two years, shows information published by the representatives of an agency in the industry."Romanians developed a taste for one-day trips in the first 'free' months of 2020 and the trend picked up steam in 2021. In 2022, following the substantial increase in demand, the travel agencies that had this product on offer had to introduce new routes, original programs that ...
Romania and Jordan have launched an air tourist bridge
Tuesday, October 11, 2022
Queen alia International Airport in Amman welcomed the first charter flight that transported 134 tourists from Romania, an event that marked the launch of an "air bridge" between Amman and Bucharest, the Petra news agency reported. Jordan Tourism Minister Nayef Fayez said in a press release that the launch of this tourist "air bridge", with a frequency of one flight per week by the end of the year, confirms the increase ...
Price of accommodation in September increases by 17%
Tuesday, October 11, 2022
Romanians are looking for city breaks in the country and mountain getaways during this period, and accommodation prices in September increased by 17% compared to last year, according to a specialized analysis released on Friday.After a busy summer season, which brought national tourism to the pre-pandemic level, Romanians are now turning to city breaks in the country, a trend that has been on the rise for several years, but also to weekend stays in mountain ...
Real Estate: Romania can attract investments of 10 billion euros in sector of logistics and industrial spaces
Tuesday, October 11, 2022
Romania can become a major player in the sector of industrial logistics in Europe, against the background of the fundamental changes that the global economy is going through, from the shortening of production and supply chains to the focus on finding secure locations, protected from unwanted events, such as war and climate change, shows an analysis carried out by Frames and Frisomat Romania, sent on last Thursday.In the next five years, our country has ...
The volume of real estate investment could reach €1.2 Bln in 2022
Tuesday, October 11, 2022
Since the beginning of the year, the volume of transactions in commercial real estate assets with a value of €5 million or more totalled approximately €656 million, 16.5% higher compared to the same period in 2021, out of which €330 million represents the volume transacted in Q3. We see an increase of 28% compared to the previous ...
Infrastructure: Gov't: Investments worth 35 million euro for Port in Galati
Tuesday, October 11, 2022
The Government approved on Wednesday the decision regarding the technical-economic indicators of the RO-RO berth arrangement investments objective in the Galati New Basin Port, with an estimated value of works worth 35 million euro, Executive's Spokesperson Dan Carbunaru announced."The investment works will be carried out to modernize the mooring fronts related to berths 39 and 40, the arrangement of ramps for loading and unloading vehicles, rehabilitation of the ...
Romania becomes Council member of International Civil Aviation Organization
Tuesday, October 11, 2022
Romania has become a Council member of the International Civil Aviation Organization (ICAO), the Secretary of State in the Ministry of Transport and Infrastructure, Bogdan Stelian Mindrescu announced on Wednesday."After intensive work to recognize aviation in our country and with the support of the European Commission, the European Civil Aviation Conference (ECAC) and international partners, the delegation of our country, present in Montreal (Canada), managed to ...