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Trade: Reveal Marketing Research Study: Only 18% of Romanians consider it important to invest in the high quality of electronic products

Tuesday, March 2, 2021

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1 in 2 Romanians say they would choose brands with medium prices, because the quality-price ratio is the most important. Consumers prefer to buy electronics from specialty stores, at the expense of online orders. 18% of Romanians consider it important to invest in the high quality of electronic products and would choose more expensive ...

Agriculture: Last year, the government allocated 1.1 billion lei in drought aid

Tuesday, March 2, 2021

 Prime Minister Florin Citu said on Wednesday that the government had allocated 1.1 billion lei in 2020 in aid to farmers to compensate for drought, and if necessary, money will be allocated this year as well.Asked at a news conference at the Government House if farmers will receive their arrears last year's drought aid, Citu said: "Last year, the government allocated the largest amount in drought aid - 1.1 billion lei. Those were the applications, we solved ...

Infrastructure: Lufthansa introduces flights Iasi-Frankfurt starting with 21st May

Tuesday, March 2, 2021

The Lufthansa company will operate four flights per week on the route Iasi- Frankfurt, starting with 21st May, the price for a return ticket starting from 189 euro.   According to the leadership of Airport Iasi, this is for the first time when the people from Moldova region will be able to fly to Frankfurt, a hub which offers both connections for transcontinental flights and the possibility to travel to other European ...

Telecom.IT: Survey: 75% of the Romanians consider that mobile phones radiate the most

Tuesday, March 2, 2021

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Three quarters of the Romanians (75%) consider that mobile phones represent the main sources of radiation, while two out of ten people (19%) stated that 5G technology has negative effects on the health of the people, the flora and the fauna, show the data of a study made by the National Authority for Administration and Regulation in Communications (ANCOM), presented in an online event.   According to the research, four out ...

Cars: Dacia car sales in Europe dropped by 12% in January

Tuesday, March 2, 2021

Dacia car sales in Europe (EU plus UK and EFTA countries) recorded a drop of 12& in January, while the producer's market share went up to 3.4% from 2.9% in the same period of  2020, according to ACEA statistics (European Automobile Manufacturers' Association).   Statistics are valid for the 27 EU member states plus UK and EFTA countries (Iceland, Liechtenstein, Norway and Switzerland).28,781 ...

Tourism: Government approves financial aid of 1 billion lei for HoReCa sector 

Tuesday, March 2, 2021

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Government emergency order 10/2021 about granting financial aid for enterprises in the field of tourism and restaurants, which amends order 224/2020, was issued on Wednesday in the Official Monitor.    The aid is granted under the form of grants of 20% resulted from activities from CAEN code mentioned at article 3, paragraph 2, in 2020 against 2019, but not more than 800,000 euros at enterprise ...

Tourism :  Tourist accomodation capacity down almost 17pct in Q4 2020

Tuesday, February 23, 2021

The tourist accommodation capacity meant 16,526,600 beds in the fourth quarter of 2020, by 16.9pct less than in the same period of 2019, according to data centralized by the National Institute of Statistics (INS).Hotels accounted for 58pct of the total tourist accommodation capacity, agritourism guesthouses accounted for 15.2pct, tourist hostels accounted for 12.7pct, tourist villas 4.4pct, hostels 3.6pct, motels 3.2pct, tourist chalets 1.8pct and other types of ...

Bulgaria provides most foreign tourists to Romania in 2020

Tuesday, February 23, 2021

Most of the foreign visitors who came to Romania in 2020 (96.2%) came from European countries, with the largest share made up of visitors from Bulgaria (26.2%), according to data with the National Institute of Statistics (INS) released on Friday.In fact, the top 6 places, according to the share in the total number of foreign arrivals, is occupied by countries located in Europe: Bulgaria (25.2%), Moldova (16.5%), Ukraine (13.2%), Hungary (9.6%), Turkey (7%), and ...

Cooked food and beverage market goes down, in Romania, by 29% in 2020 

Tuesday, February 23, 2021

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The annual total value of the cooked food and beverage market has gone up to 10.32 billion RON in 2020, in five of the largest cities in the country, namely Bucharest, Timisoara, Iasi, Cluj and Brasov, dropping by 29% as opposed to 2019, according to a study done by the National Foodservice Research, made by Hospitality Culture Institute.The specialty research shows that 47% of the cooked food market is currently generated by food delivery, used by 9 of the 10 ...

Szallas.hu, the largest hotel platform in Hungary merges with Travelminit.ro

Tuesday, February 23, 2021

Szallas.hu, the largest online hotel reservation platform in Hungary, merged last year with the Romanian hotel reservation platform, Travelminit.ro. The process began two years ago and was accelerated in 2020, despite the pandemic situation and general uncertainty in the global tourism industry.   The value of the transaction remains confidential, but in these ...

Real Estate: Black Sea Trade and Development Bank (BSTDB) Supports Business Infrastructure in Romania

Tuesday, February 23, 2021

The Black Sea Trade and Development Bank (BSTDB) has extended a EUR 50 million loan to One United Tower S.A. to facilitate the development of business infrastructure in Romania.   The purpose of the BSTDB loan is to finance the development costs of “One Tower”, a green office building making  part of the newly developed One Floreasca City mixed-use complex ...

EUR 1 Bln investments in 60 middle & upper real estate projects in Bucharest

Tuesday, February 23, 2021

Amid the Covid – 19 pandemic and with the amount of time spent at home having increased in the past year, together with the increase of Romanians` purchasing power, the Bucharest residential market is undergoing an effervescence period.   Developers active in Bucharest are investing a total of 1 billion euros in middle & upper class housing projects, which improve the living standards in the Capital City, ...

Trade: E-Commerce trends in Romania in 2021

Tuesday, February 23, 2021

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Romania is experiencing an accelerated digitalization process, with direct effects on traditional retail, which will migrate more and more to online commerce. After a leap counting for at least 3 years in 2020, ecommerce will continue its evolution and will register an increase of at least 15% in 2021, providing an optimistic perspective for local stores.   “At this point, the local market has ...

Romanians spend 250 ml euros a year fon vending machine coffee, beverages, snacks

Tuesday, February 23, 2021

 Romanians spend 250 million euros yearly on coffee, juice or snacks from vending machines, shows a statistical report published on Monday by a manufacturer of electronic devices."There are currently 120,000 vending machines in Romania, and in large cities 70 percent of the payments for such dispenser products are made with cash. In small towns, villages and communes, cash payments account for an overwhelming 85 percent. In times of pandemic, shifting from ...

Eurostat: Online shopping ever more popular in 2020 

Tuesday, February 23, 2021

Online shopping is continuing to grow in the European Union (EU). With high street shopping affected by the COVID-19 restrictions and changes in habits and preferences, e-commerce can be expected to grow further.   In the 12 months prior to the 2020 survey, 89% of people aged 16 to 74 in the EU had used the internet, 72% of whom had bought or ordered goods or services for private use. Online shopping ...

Infrastructure: Iasi Airport to be expanded under EUR 75 mln project

Tuesday, February 23, 2021

The Iasi County Council in eastern Romania will apply for financing from the European Union’s budget for a EUR 75 million project aimed at doubling the capacity of the Airport by 2023.   “It is going to be a completely new airport,” promised the head of the County Council, Costel ...

ACI Europe : Pessimistic prognosis for Bucharest airports traffic is of 5.5 million passengers, in 2021

Tuesday, February 23, 2021

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The average estimate of Airports Council International (ACI Europe) for Bucharest airports traffic in 2021 is somewhere around 7.5 million passengers, but the pessimistic prognosis which we do not want is of 5.5 million passengers, according to the CEO of the National Company of Bucharest Airports, Cosmin Pestesan.The two airports from the capital - Henri Coanda Otopeni and Aurel Vlaicu Baneasa - have registered last year an air traffic of over 4.46 million ...

Agriculture : Romania spends rd 64 million Euro for purchasing potatoes which could be produced locally

Tuesday, February 23, 2021

Romania spends approximately 64 million Euro per year for purchasing import potatoes, despite that they can be produced locally, declared on Thursday, the minister of Agriculture, Adrian Oros, during an online debate regarding the potato market."Today, according to the data from APIA (Agency for Payments and Intervention in Agriculture), we have a real potato cultivated surface of around 28,000 hectares, and the internal potato production covers, according ...

AgriMin Oros seeks MEPs' support for continuation of properly regulated livestock exports

Tuesday, February 23, 2021

Romania has large stocks of sheep for export, a potential it needs to capitalize upon, Minister of Agriculture and Rural Development Adrian Oros said during a meeting with Romanian MEPs, members of the Committee on Agriculture and Rural Development."Minister Adrian Oros addressed the Romanian MEPs, members of the Committee on Agriculture and Rural Development, about support for Romanian animal breeders. Live animal exports should not be banned, but their ...

Cars: First showroom for Tesla cars opened in Romania

Tuesday, February 23, 2021

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Teslounge Bucharest has announced the opening of the first independent showroom in Romania destined to Tesla vehicles. The 250-sqm showroom is the largest in southeastern ...

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