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Cars: New vehicle registrations up 12.7 pct in Q3; used vehicle share up to 72.7 pct

Tuesday, November 9, 2021

- In the third quarter of 2021, the new registrations of road vehicles for passenger transport increased by 12.7% compared to the third quarter of 2020. - During the same period, the new registrations of road vehicles for goods transport rose by 0.7% compared to the third quarter of the previous year. - In the third quarter of 2021, the share of the new registrations of imported used passenger cars in the total ...

Tourism : Euromonitor: Romania ranks 28th of 99 countries for tourism sustainability

Tuesday, November 9, 2021

Romania ranks 28th out of 99 countries for tourism sustainability, but in certain aspects, like local community support it is far from having reached maximum potential, says Pro Economica Foundation, quoting data of an Euromonitor report.   “Euromonitor experts analyzed 99 countries from the point of view of ecological, social and economic sustainability , country risk and the present demand of ...

Coface: HoReCa sector most affected in 2020 – 77% profit drop

Tuesday, November 9, 2021

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Measures for company subsidy in 2020 helped HoReCa companies cope with unprecedented challenges but did not solve problems of vulnerable companies. HoReCa sector was the most affected recording a drop of 77% profit reduction, said Alina Popa, Coface commercial manager at a specialized conference.   “In 2020, measures meant to save companies helped them get over a year with unprecedented challenges, ...

Tourism in September 2021

Tuesday, November 9, 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 35.0%, while the overnight stays increased by 25.0% in September 2021. • Compared to September 2020, in September 2021 customs registered an increase in the arrivals of foreign visitors of 89.2% and an ...

Real Estate: Eurostat: Romanians live in brighter homes than Spaniards and French

Tuesday, November 2, 2021

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In 2020, 5.9% of people in the EU reported not having enough daylight in their dwelling, meaning their dwelling seemed too dark and was ...

Only 10% of the employees wanting to work exclusively from home

Tuesday, November 2, 2021

Romanian employees who had to work more from home in the last 18 months due to the COVID-19 pandemic want to return to the office, given that more than half of them associate coming back to the office with “the return to normality” and experience a lack of socializing with their colleagues, according to the “Back to the Office” study conducted by Cushman & Wakefield Echinox.   The study was ...

Infrastruture : Cluj : The Airport ‘ Avram Iancu’ , the best in Europe in the category under five million passengers

Tuesday, November 2, 2021

The international airport ‘ Avram Iancu’ in Cluj-Napoca was nominated during the 17th edition of the Annual Gala ACI Europe Awards the best in Europe for the category under five million passengers    ‘The International Airport ‘ Avram Iancu’ Cluj was nominated, for the first time, the best airport in Europe for the category under five million passengers annually, during ...

Blue Air adds ten routes from Bucharest, Cluj-Napoca and Iasi

Tuesday, November 2, 2021

Romanian low-cost carrier said it would add ten direct routes from Bucharest, Cluj-Napoca and Iasi in its Summer 2022 schedule.   The airline adds five new direct routes from Bucharest to Zaragoza, Bilbao, Seville, Porto, and Olbia; two new direct routes from Cluj-Napoca to Malaga and Valencia; and three new direct routes from Iasi to Mykonos, Zakynthos and ...

Trade: Over half of the buyers of clothes and footwear buy products from shops

Tuesday, November 2, 2021

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Over half (57%) of the buyers of clothes, footwear and accessories bought them in September from physical shops, according to study published on Thursday by MKOR Consulting.According to Fashion Consumer Trends Live, in September, only 2 out of 10 consumers (21%) chose to buy such articles exclusively on online, and another 22% of the consumers bought clothes, footwear and accessories, both in shops and ...

Consumer goods represent sector least affected by pandemic

Tuesday, November 2, 2021

Consumer goods represent the sector that was least affected by the pandemic crisis, and three out of four customers remain faithful to their preferred brand, according to a study made by Reveal Marketing Research.The Reveal Marketing Research study analyzed the behavior of Romanian consumers during the period of August-September in three sectors of the economy: retail, consumer goods and banking. According to this new study that covered both the urban and ...

EY Study: The rise of the “omnisumer” offers energy providers an opportunity to create a sophisticated customer experience

Tuesday, November 2, 2021

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A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations and the results present compelling opportunities for energy providers willing to reshape their business, according to the new ...

Cars: Hybrid and electric car sales in Romania exceed diesel ones in September

Tuesday, November 2, 2021

While this does not reflect the balance on the local Romanian car market yet, more electric and hybrid cars were sold in Romania in September, compared to the number of diesel cars.   Thus, 1,433 electric and hybrid cars were sold in September, compared to 1,243 diesel models sold in the same month, according to data from the Car Importers and Producers Association APIA quoted ...

Tourism: Romania will not participate in any international tourism fairs

Tuesday, October 26, 2021

Romania has not applied to participate in any international tourism fairs, such as World Travel Market London, FITUR Madrid or ITB Berlin and checks its first absence from the London fair after 40 years, according to representatives of the National Association of Travel Agencies (ANAT) and Incoming Association Romania (AIR) in a press release on last Wednesday.   In this context, the two associations draw ...

Tourist accommodation capacity increases by 1.8 pct in number of accommodation spaces, on July 31

Tuesday, October 26, 2021

The tourist accommodation capacity has increased, on July 31, 2021, compared to the similar period of last year, by 1.8 in number of accommodation spaces and by 6.2 pct in number of structures for tourist accommodation, according to data centralized by the National Institute for Statistics (INS).According to the INS, most hotels were registered as 3 star hotels (53.3 pct of hotels), 4 star hotels (25.5 pct) and 2 stars (17.3 pct). There were 36 five star ...

Real estate: Analysis: Industrial investments migrate to South-Eastern Romania

Tuesday, October 26, 2021

Industrial constructions register a 6% drop at national level and there is an investment migration toward South-Eastern Romania, probably because of the labor force available in that area, according to an analysis by Victa.ro, a sales assistance website for construction sites. The retail sector is one of the domains that preserves an increase of the total number of building sites.   “Industrial ...

NEPI Rockcastle starts the construction of Vulcan Residence

Tuesday, October 26, 2021

NEPI Residential, the new residential division of the NEPI Rockcastle group, the main investor and developer of shopping centers in Central and Eastern Europe, announces receiving the construction permit and the start of works at Vulcan Residence, the newest apartments complex in 13 Septembrie area, Bucharest.   Vulcan Residence will be built in a single phase, GF + 12 floors, with 12 floors withdrawn, ...

Small offices are in high demand in Bucharest

Tuesday, October 26, 2021

Companies rented in Bucharest, over the first nine months of the year, more new office space than in the same period in 2020 and even in 2019 or 2018, when it comes to the market segment of up to 1,000 sqm, according to a report by ESOP Consulting quoted ...

Trade: E-commerce in Romania to rise by 15% YoY in 2021

Tuesday, October 26, 2021

According to estimates of GPeC based on data collected from the main players, the Romanian online commerce will increase this year by approximately 15% compared to 2020. It will thus reach EUR 6.5 bln, compared to EUR 5.6 bln last year, according to a press release quoted ...

Agriculture: Romania imported milk, dairy products, eggs and honey of over 348 million euros in semester 1, 2021

Tuesday, October 26, 2021

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In the first 6 months of the year, Romania imported milk, dairy products, eggs and honey for 348.3 million euros, on the rise by 14% against the same period of 2020, while exports went up by 7.2% - 107.3 million euros, according to the commercial balance sheet for farm produce.   The value of exports in the first semester was three times lower than that of imports for these products, commercial deficit ...

Tourism: Bulgaria receiver three times more Romanians in summer than in  2020

Tuesday, October 19, 2021

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Bulgaria receiver over 461,000 Romanian tourists in summer 2021, about three times more than in 2020 and over 50% more than in 2019, so that 30% of tourists on the Bulgarian sea coast were Romanians, according to an online travel agency. In August alone, Bulgaria was visited by 250,613 Romanians, compared to 110,190 in 2020.   According to a study made by Travel ...

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