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Infrastructure: Blue Air postpones for second time the resumption of flights, scheduled for October 10

Tuesday, October 4, 2022

The low-cost airline operator Blue Air will not resume flights from October 10, but announces that it is in discussions with potential investors, creditors and the Romanian Government to restructure its capital profile."The multiple financial and operational difficulties generated by the COVID-19 pandemic have been felt in a severe manner at the level of all airlines, but with even greater intensity by the private regional airlines that are fighting for ...

Real Estate: Survey: Romanian employees are increasingly concerned about protecting the environment

Tuesday, October 4, 2022

Reducing environmental impact is becoming an increasingly important concern for Romanian employees in the context of climate change concerns, and expectations for “green” measures are growing. Employees believe that environmental protection measures in office and residential buildings and complexes are very important, and 70% among them expect a sustainable approach and more environmental initiatives, according to a survey of 1,180 employees nationwide conducted ...

C&W Echinox: Developers maintain strong appetite for real estate projects in Bucharest

Tuesday, October 4, 2022

The volume of land transactions in Bucharest pertaining to future real estate developments has almost doubled to EUR 720 mln in the 2020 – H1 2022 period, compared with the previous five-semester period (H2 2017 - 2019), according to the Cushman & Wakefield Echinox real estate consultancy company.   The figures are interpreted as illustrating the strong appetite for real estate projects, even in ...

Trade: Survey: 90% of European retailers estimate online food sales will become profitable until 2030

Tuesday, October 4, 2022

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Nine out of ten European retailers and specialists (90%) expect online food sales to become profitable by 2030, according to a survey made by a consulting company. At the same time, estimates included in the PwC study show that the share of online food sales will significantly grow until 2030, from 11% at present to 26% in Great Britain, from 8% to 25% in the Netherlands, from 9% to 23% in France, from 4% to 11% in Germany and from ...

Food safety&price, main concerns of consumers in Romania

Tuesday, October 4, 2022

   Food safety is the main factor that influences the choices of consumers in Romania, when they are in front of the store shelves, informs a press release from the National Veterinary Sanitary and Food Safety Authority (ANSVSA).Thus, 59% of Romanians (46% of EU citizens) declare that they are guided by their degree of safety when purchasing food. In second place is price (48% of Romanians vs. 54% of EU citizens), while taste is only the ...

Tourism: Survey: Romanian littoral leads in top of destinations where tourists were disappointed this summer

Tuesday, October 4, 2022

The Romanian littoral is leader in the top of destinations where tourists were disappointed this summer. At the opposite pole we find Maramures, Bucovina and Transylvania, as the most welcoming areas in Romania, according to an opinion poll made by an online hotel platform.   “According to an opinion poll made by the online hotel platform Travelminit.ro, Romanians say they were welcomed with great ...

Radisson Blu Aurum Hotel opens in Brasov in October following EUR 16.3 M investment

Tuesday, October 4, 2022

After 34 months of work that involved a team of 250-400 people monthly, Radisson Blu Aurum Hotel opens its doors in Brasov on October 16. The total investment amounts to 16.3 million euros, almost 3 million euros more than the value initially estimated. The hotel in the centre of Bra?ov rehabilitates a building in an advanced phase of ...

Cars: What cars do Eastern European consumers prefer?

Tuesday, October 4, 2022

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Mogo Romania, the company specializing in second-hand car financing, has conducted a comparative study between 5 countries in the CEE on its portfolio of funding granted to ...

Agriculture: INTER-BIO Association's Lianu: Romania has 12,000 organic producers on 2pct organic area

Tuesday, September 27, 2022

The economic products market in Romania is affected by the confusion of what organic means, President of the INTER-BIO Association Costin Lianu said."The economic products market in Romania is a developing market with a very small percentage, no one knows very well the turnover of organic ...

Report: Contribution of forestry sector, wood-based industries reaches 9.86 billion euros annually

Tuesday, September 27, 2022

The total contribution of the forestry sector and wood-based industries has reached 9.86 billion euros annually, taking into account both the direct impact, which has grown constantly in the last five years, as well as the indirect effects and the growth potential is high, shows a report made by PwC Romania at the request of the Wood Industry Association - Prolemn.The report concerns "The socio-economic and climatic impact of the forestry sector and ...

Trade: Eurostat: Bread prices in Romania have increased more than the EU average in the last year

Tuesday, September 27, 2022

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Bread, vegetables, meat - food has become more ...

Study: Romanians increasingly buy luxury second-hand clothing and opt for brands such as Versace, Moncler, Gucci, Balenciaga, Prada

Tuesday, September 27, 2022

Romanians have recently been buying vintage, second-hand clothing in the current context of price increases, choosing luxury brands such as Versace, Moncler, Gucci, Balenciaga or Prada, according to the results of a study published by an online platform.   According to OLX data, the most expensive luxury clothing item currently reported as an active ad on OLX is listed at 10,000 euros, a men’s gala ...

Healthcare: Health minister: 3 mln expired COVID vaccine doses destroyed in Romania so far

Tuesday, September 27, 2022

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Romania has so far destroyed about 3 million expired COVID-19 vaccine doses, health minister Alexandru Rafila said. Another 3 million doses will most likely have the same fate, as they will expire by the end of the ...

Tourism: Romanian tourism needs annual promotion budget between 10 and 20 million euros

Tuesday, September 27, 2022

Romanian tourism needs an annual promotion budget between 10 and 20 million euros, an amount to be recovered 100 or 1000 times in a few years, says Traian Badulescu, spokesman of the National Association of Travel Agencies in Romania (ANAT).   Badulescu pointed out that funds used to promote tourism should be managed by a public-private partnership and used for Romania's participation in international ...

Real Estate: One United Properties signed 103.400 sqm office lease from January 2020 to date

Tuesday, September 27, 2022

One United Properties (ONE), the leading Romanian green developer of residential, mixed-use and office real estate, announces the signing of lease contracts for 103.400 sqm office space from January ...

Infrasructure: Satu Mare Airport undergoes EUR 87.5 mln modernization

Tuesday, September 27, 2022

Satu Mare International Airport in northwestern Romania, managed by Satu Mare County Council, will invest RON 433 mln (EUR 87.5 mln) for modernization works. The financing is secured from European Union’s budget (under ERDF) and supplemented by allocations from the state budget and the local budget of Satu Mare County.   Out of the total, EUR 73.7 mln will be used to construct a new terminal ...

Authorization to build new T4 terminal at Iasi International Airport was signed

Tuesday, September 27, 2022

 Representatives of the Iasi County Council, Iasi City Hall and STRABAG SRL met, on Wednesday, at the headquarters of the Iasi municipality to make public the issuance of the construction permit for the fourth terminal at the Iasi International Airport and a new parking lot.The authorization was handed to the Airport management and the builder, during a press conference that took place at the Iasi City Hall."Starting from 2024, the Iasi ...

Telecom . IT: Report: Romania's digital economy could grow 3.5 times, to approximately 52 billion euros in 2030 

Tuesday, September 27, 2022

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Romania's digital economy could grow 3.5 times, to approximately 52 billion euros in 2030, compared to 14.8 billion euros last year, reveals the "Digital Challengers on the Next Frontier" Report, drawn up by McKinsey & Company.Currently, Romania is the third market as a digital economy among the ten Digital Challengers countries, after Poland (44 billion euros) and the Czech Republic (18 billion euros). In this context, the value is divided between ...

Healthcare: Study “Situation of medical staff” initiated

Tuesday, September 20, 2022

  Friedrich Ebert Romania Foundation launched the study “Situation of medical staff in Romania”, made together with Syndex Romania, author Stefan Guga. The study makes a detailed diagnosis of the situation of medical staff , by analyzing the evolution of personnel in the health system, its geographic distribution and effects of recent salary policies.   Main results and ...

Allocations in PNRR to reduce risk of nosocomial infections, investments in specialized outpatient clinics

Tuesday, September 20, 2022

Over 150 million euros are allocated in the National Recovery and Resilience Plan (PNRR) to reduce the risk of nosocomial infections in public hospitals, informed the Ministry of Health, which published the Beneficiary's Guide for obtaining these funds on Friday.According to the ministry, the total budget of 150,380,000 euros without VAT is intended to finance at least 25 public hospitals.The rehabilitation/modernization/expansion of the existing ...

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