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Ryanair adds Bucharest-Sofia route to its 2021 summer schedule

Tuesday, June 8, 2021

Low-cost airline Ryanair said it would introduce a route from Bucharest to Sofia flying two times a week from August. It is part of the carrier’s Romanian Summer ’21 schedule.   “As vaccination rollout programs continue in the coming months and with the summer season just around the corner, we are delighted to announce this new route from Bucharest to Sofia, operating two flights a week from August as part ...

Telecom. IT: Internet traffic in Romania's fixed networks rises by 50% in 2020

Tuesday, June 8, 2021

The fixed internet traffic volume increased by a record rate of 51% in 2020, while mobile internet traffic volume increased by 30%, at a slower pace compared to previous years, the National Authority for Administration and Regulation in Communications (ANCOM) announced.   Three-quarters of the new fixed internet connections in 2020 were installed in rural areas, reflecting the continued reduction of Romania's connectivity ...

Cars: New car registrations in Romania, up 18.7pct in May 2021

Tuesday, June 8, 2021

 More than 10,190 new motor vehicles were registered in Romania in May 2021, up 18.7% y-o-y, according to data with Driving Licences and Car Registration Directorate (DRPCIV), cited by the Association of Romania's Automobile Manufacturers and Importers (APIA).According to official data, out of the total registrations reported in May, 8,221 units were new personal cars, which increase compared with the similar month of the previous year is almost ...

Tourism : April's arrivals in Romania's tourist accommodation establishments 26.6 times higher YoY

Tuesday, June 8, 2021

- Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 26.6 times, while the overnight stays increased by 18.9 times in April 2021. - Compared to April 2020, in April 2021 customs registered an increase in the arrivals of foreign visitors of 129.2% and an increase of 335.3% in the departures ...

Trade: Value of the Romanian e-commerce market reaches 5.6 billion euros in 2020

Tuesday, June 1, 2021

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Romania became, last year, the leader of the European Union in terms of the growth rate of electronic commerce, and the value of this market reached 5.6 billion euros, according to data published on Monday by representatives of a European fintech.The report drawn up by ZEN.com shows that, although most Romanians prefer to order from domestic e-shops, many are attracted by cross-border platforms, due to low prices and good offers."Currently, Romanians who buy goods ...

Study: În Romania, cooking was a hobby and a reason to socialize in the pandemic

Tuesday, June 1, 2021

According to the study “The impact of the COVID-19 pandemic on food consumption”, conducted by Starcom Romania, Romanians have been thoughtful about food spending in the last year and have continued to buy familiar brands. At the same time, they became more aware of what they ate and bought healthy foods: almost 90% of them avoided products with artificial additives, 86% used natural or organic ingredients when preparing food, and 82% avoided carbonated drinks. The new study is ...

Agriculture: Over 600,000 subsistence farmers own around 50 pct of agricultural area

Tuesday, June 1, 2021

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Over 600,000 farmers in subsistence agriculture own around 50 pct of the agricultural area of the country, but achieve 10-15 pct of the agricultural production, said, on Tuesday, the chair of the Committee for Agriculture of the Chamber of Deputies, Adrian Chesnoiu."Romania is a country that is divided in three categories, I am referring mainly to the vegetable agriculture area. The first category would be subsistence agriculture. On the basis of data we hold, we have over ...

National forest fund up by 0.2 pct in 2020, volume of harvested wood, up by 4 pct

Tuesday, June 1, 2021

The National Forest Fund registered an increase of approximately 0.2% in 2020, compared to the previous year, while the volume of harvested wood increased by 4%, according to data published on National Institute of Statistics (INS).As of December 31, 2020, the forest fund area was 6,604,206 hectares (+11,976 hectares as compared to 2019), of which the forest area totaled 6,449,417 hectares. This year the latter registered an increase of approximately 0.3% compared to the previous ...

Healthcare: Gov't approves memorandum regarding agreement on loans to be borrowed from EIB

Tuesday, June 1, 2021

 The government approved the memorandum regarding the agreement for contracting two loans from the European Investment Bank (EIB), in order to build the regional hospitals Cluj and Craiova, according to a press release of the Ministry of Finance (MF).Thus, during the Government meeting of May 27, 2021, the memorandum on the agreement in principle for contracting the two loans, worth about 480 million euros, with the European Investment Bank, was approved. The ...

Infrastructure: Drula: This summer, we will have 12 pairs of Sun Trains on the Bucharest - Constanta route

Tuesday, June 1, 2021

A number of 12 pairs of InterRegio trains from CFR Passengers will be running this summer on the Bucharest - Constanta route, to which there will be added seven pairs of trains from the private operators Softrans, Regio Passengers, Transferoviar Passengers and Astra Trans Carpatic, the Minister of Transport and Infrastructure, Catalin Drula announced on Thursday on Facebook."We start the day with a visit to the rehabilitation works of the bridges on the A2 at Cernavoda. The ...

Animawings starts regular flights to Billund, Catania, Naples, Helsinki, Valencia and Paris in July

Tuesday, June 1, 2021

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The Romanian air company Animawings, controlled by Memento Group and Aegean Airlines announced on Thursday the launch of regular flights between Bucharest (Henri Coanda Airport) and Paris (Charles de Gaulle Airport) starting July 2, at prices starting from 32.30 euros one way. At the beginning of July the company will start regular flights to Billund, Catania, Naples, Helsinki, Valencia and Paris, and also to Larnaka and Athens, in cooperation with Aegean ...

Real Estate: IMPACT is advancing construction works on Boreal Plus project

Tuesday, June 1, 2021

Impact Developer & Contractor, the only real estate developer in Romania listed on the Bucharest Stock Exchange, is completing the villas within the Boreal Plus compound developed in Constanta. At the same time, it was built the foundation of the first buildings, with a total of 209 apartments, which are expected to be delivered in the first half of 2022. The developer also advanced the works on the multi-storey car park, with a GF + 4F height, by finishing the first construction ...

Tourism : Apex Alliance Hotel Group turns historic bank site in Bucharest into luxury hotel with EUR 42 mln investment

Tuesday, June 1, 2021

Lithuanian independent hotel operator Apex Alliance group, which owns and operates four hotels in Bucharest, announces its most extensive project in Romania, The Marmorosch Bucharest, Autograph Collection, set to open its doors this summer. The stunning hotel will be located in Bucharest Old Town and is the first hotel in Romania to join Autograph Collection Hotels, Marriot International’s diverse and dynamic portfolio of hotels that champion values of vision, design and ...

Accor brings Novotel Living to Bucharest

Tuesday, June 1, 2021

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Accor had signed a management agreement with ASIC, a joint-venture between Ion Catutoiu, a developer acting in different industries, and Andrei Stanciu, the CEO of Somet Group, a well-known construction company, for an extended stay hotel with 150 units under Novotel Living brand, the first hotel of its type to be opened in Eastern Europe.   The concept combines three types of stay: short, medium and long, to optimize the top line and the return for the ...

Infrastructure: Wizz Air to gradually reopen 27 air routes operated from Romania to nine other countries

Tuesday, May 25, 2021

A number of 27 routes operated from some airports in Romania to destinations in nine countries will be gradually reopened by Wizz Air, according to a press release of the airline, sent on Friday.The reopening of the flights will take place until June 6."In the context of the gradual relaxation of Covid-19 restrictions in Europe, Wizz Air is taking new steps, announcing the reopening of routes that will transport its passengers to diverse European ...

Eurostat:Impact of the COVID-19 pandemic on rail passenger transport in Q4 2020 

Tuesday, May 25, 2021

Since March 2020, countries in Europe have taken a variety of restrictive measures to prevent the spread of COVID-19. This has significantly affected the travel sector, including rail travel. ...

Tourism : Romania's active tourist accommodation capacity down almost 2 pct in Q1

Tuesday, May 25, 2021

Romania's active tourist accommodation capacity in the first quarter of this year was by 1.9 percent lower than in the same period of the year before, shows data centralized by the National Institute of Statistics (INS).Hotels accounted for 57.7 percent of the total tourist accommodation capacity in operation, followed by agritourism boarding facilities (15.3 percent), tourist villas (4.4 percent), hostels (3.5 percent), motels (3.4 percent), chalets (1.9 percent) ...

Agriculture: Romanian farmers seek EU subsidies for 9.82 ml hectares of farmland

Tuesday, May 25, 2021

 Applications for European subsidies filed by Romanian farmers between March 1 and May 17, 2021 cover 9.82 million hectares, by 9,041 hectares more than last year, while the number of applications was by roughly 24,000 lower than in 2020, the Agency for Agricultural Payments and Interventions (APIA) informed on Tuesday.The campaign for the submission of penalty-free single payment applications ended on Monday, May 17, but submissions are still open for ...

Real Estate: Average price in residential sector may rise by 5-10% in 2021

Tuesday, May 25, 2021

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The average price in residential sector in Romania may go up by 5-10% this year, the key factors that influence the market being accessibility, the labor force occupation rate, interest rates, according to a study made by a real estate company.   “Apartments and duplexes are properties most looked for in Romania and the luxury market remained constant, families and couples making up the majority of ...

5G technology, integrated services and virtual office development, among the trends of 2021 in global Real Estate

Tuesday, May 25, 2021

The global real estate industry is in a constant process of adapting to evolving market conditions, a changing regulatory framework, and a fast-growing technological landscape. The implementation of 5G technology, the adoption of a new business model, which involves the transformation of real estate companies from space suppliers to service providers, and the development of the virtual office are among the predictions from ...

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