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Tourism : New Ibis Styles Hotel Opened In Pitesti

Tuesday, September 5, 2023

Hospitality group Accor announces the opening of a new ibis Styles hotel in Pitesti, Arges County, Romania, after the signing of a franchise agreement with a local partner, HR EDEN 2007.   The opening will follow the refurbishment of the existing three-star hotel Arges, located in Pitesti city centre and best rated independent hotel in Pitesti. The 45 rooms property will undergo refurbishment, to ...

Brasov, in top of most popular summer destinations

Tuesday, September 5, 2023

Brasov ranks first in the top of the most popular summer destinations. Followed by Eforie Nord, Costinesti, Bucharest and Mamaia, according to analysis made by Travelminit, an online hotel platform. The Romanian sea coast dropped in popularity compared to previous years, according to the survey made based on reservations made in June-July 2023. As for everage prices for the summer featical in Romania, prices generally remained at last summer's ...

Cars: DSV Road: Romania is starting to prepare for the use of electric trucks

Tuesday, September 5, 2023

By 2030, Romania will be ready to use electric trucks for the transport of goods at the national level, not just at the local level. In this sense, 30% of the transport of goods in Romania can be done with the help of electric trucks in the next seven years, according to the estimates of DSV Road, the third largest freight transport company in Europe. Thus, the company’s representatives estimate that 3 out of 10 trucks for the cargo transport activity in Romania will be electric trucks ...

Electric Vehicles increasing their share of European market

Tuesday, September 5, 2023

by eToro analyst for Romania, Bogdan Maioreanu   The automotive market continues its ascending trend, according to the latest EU data, sales soared in July, the twelfth consecutive month of growth. While the most sales were for petrol cars, the next categories were hybrid electric vehicles, which surpassed diesel cars.   From January to July 2023, new EU car registrations grew significantly (+17.6%), totalling ...

Real Estate: Office Rents In Bucharest Up To 16% In The Last 12 Months

Tuesday, September 5, 2023

Office rents in Bucharest increased by up to 15.8% in the last 12 months (June 2023 vs. June 2022), with the prime headline rent in the CBD area (Piata Victoriei – Aviatorilor) reaching €22.00/ sq. m/ month, an increase which also translated to other submarkets, according to data from the Cushman & Wakefield Echinox real estate consultancy company.   Bucharest therefore registered one of the most significant increases of the prime office ...

Agriculture: Two programmes for developing Romanian food industry to be released on September 30

Tuesday, September 5, 2023

  Two programmes designed for the development of the Romanian food industry will be released on September 30, 2023, with the total funds that will be made available to this sector exceeding one billion euros."On the government agenda, there is an ambitious programme for agriculture and the food industry - Investalim. Even from the first week in which I took over the portfolio of agriculture, together with the prime minister, we started this programme that is ...

Survey: More Than A Quarter Of Romanians Do Not Eat Vegetables Every Day

Tuesday, September 5, 2023

More than a quarter of Romanians (27%) do not consume vegetables every day, and 52% consume only one portion per day, while only 21% consume 2-3 portions of vegetables daily at the main meals of the day, according to a Masmi survey commissioned by Nestlé. Only 2 out of 10 Romanians consider that they serve balanced meals most of the time.   Healthy food options are perceived as more expensive by 46% of respondents, which is the most important ...

Healthcare: Eurostat: How often do Romanians go to the doctor

Tuesday, September 5, 2023

Romania is in 19th place among the 27 member states of the European Union in terms of the number of doctors, according to a report published this month by Eurostat.   The ranking was made according to the number of active doctors per 100,000 inhabitants. Another report published by the statistical office of the EU provides the situation of visits to doctors, Romania being at the bottom of the ...

Real Estate: Constanta apartments more expensive in July

Tuesday, August 29, 2023

Constanta apartments were most expensive in July, the price requested by owners being 1,529 euros/sq.m.,compared to 1,509 euros/sq.m at the beginning of summer. The most important advance of the average price requested for new and old apartments for sale in big Romanian cities was 1.3% recorded in Constanta in July, according to Imobiliare.ro. Apartments available in the local market could be bought with 1,529 euros/sq.m. Compared to 1,509 at the beginning ...

SPEEDWELL and Garanti BBVA sign a new financing agreement for the third building of THE IVY

Tuesday, August 29, 2023

SPEEDWELL, one of the most active real estate developers in Romania, is continuing its strong partnership with Garanti BBVA by signing a new agreement with the purpose of financing the third building of THE IVY, the premium residential project located close to Baneasa Forest. The current loan equals 13.6 million euros.   SPEEDWELL will also ...

Trade: H1 wholesale turnover up 4.3 pct YoY in unadjusted terms

Tuesday, August 29, 2023

Romania's wholesale turnover (except for trade in motor vehicles and motorcycles) in H1 2023 was up both in unadjusted and in workday and seasonally adjusted terms from the year-ago period by 4.3 percent and 6.9 percent, respectively, the National Institute of Statistics (INS) announced.Expressed in unadjusted terms, the upward trend registered by the H1 wholesale turnover was the result of growth in wholesale intermediation (+18.8 percent), ...

Cars: Consumer preferences in the auto industry in 2023

Tuesday, August 29, 2023

A company specializing in providing financing solutions for the purchase of second-hand automobiles, conducted an in-depth study on the financing portfolio granted to individuals across five European countries, including Romania, Moldova, Latvia, Lithuania, and Estonia, investigating consumer preferences regarding second-hand cars.   According to the results, most ...

Romanians' interest in electric scooters grew by 173%

Tuesday, August 29, 2023

The Romanians' interest in electric scooters has grown by 173% against the previous year, on the background of rising inflation and high costs of traditional fuel, according to a study made by ATVRom over July-August 2023. The study also shows that user with the higest interest in looking for electric scooters come from Prahova, Constanta, Timis and Bucharest.   In ...

Tourism: Survey: Romanian employees overcrowd their holidays in summer

Tuesday, August 29, 2023

About 60% of Romanian employees overcrowd their holidays in summer time and reserve 5 to 10 free days in this period, according to a survey made by an online recruiting site.   In the Romanian employees' perception, work volume has grown this year, amplifying the need for free time. 57% of respondents say they worked more than last year, while 30% consider that ...

Healthcare: Project aimed at increasing life expectancy of cancer patients, children and young people

Tuesday, August 29, 2023

The PAVEL Association has started a new social aid project aimed at increasing the life expectancy of cancer patients, children and young people.According to a press release, the aim of the project is aimed at increasing the life expectancy of cancer patients by offering complex socio-psycho-educational services, complementary to medical services, as well as material and financial support to cover some of the needs arising during treatment and ...

Infrastructure: Over RON 1.13bl for 100 infrastructure projects under Anghel Saligny Programme

Tuesday, August 29, 2023

Minister of Development, Public Works and Administration Adrian Vestea on Tuesday signed 100 new funding agreements under the Anghel Saligny National Investment Programme totalling RON 1,135,215,117.18 .The agreement, signed with some of the project beneficiaries, provide for the modernisation of road infrastructure, the establishment or modernisation of drinking water supply systems, domestic sewage networks, wastewater treatment plants and ...

“Avram Iancu” International Airport has reached two million passengers in 2023

Tuesday, August 29, 2023

“Avram Iancu” International Airport in Cluj reached two million passengers on Thursday, being the fifth time in its history to get to that level.   Passenger number 2 millions recorded in 2023 was celebrated two months earlier than last year and was transported by Ryanair , flight number FR 9547, from Brussels, Charleroi to Cluj ...

Wizz Air to cancel some flights as of September 1, following check-ups of GTF engines

Tuesday, August 29, 2023

Wizz Air will cancel some flights as of September, due to check-ups made to some GTF engines, requested by Pratt & Whitney, representatives of the air company announced on Wednesday.   Passengers on affected flights have been notified and were offered an alternate flight program, complete pay back through the initial payment method or the return of 120% of the ...

EU Cohesion Policy: over EUR 52 million to support the purchase of 37 electric trains in Romania

Tuesday, August 29, 2023

More than EUR 52 million from the European Regional Development Fund will be allocated to support the purchase of 37 electric trains for 13 inter-regional routes in Romania, following the approval of this project by the Commission ...

Agriculture: Buzau-based genetic material hub could lower pork price in Romania

Tuesday, August 29, 2023

The price of pork could decrease with the operation of farms that applied to the programme to support pig breeding, southeastern Buzau County having the possibility to become a national hub of genetic material production, according to the County Agricultural Directorate (DAJ).The Ministry of Agriculture runs two programmes to support pig and poultry breeders for reproduction activity. At the level of Buzau County, 10 farms applied for government ...

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