Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

Agriculture: Less performance agriculture in Romania; a quarter farms disappeared over 10 years

Tuesday, April 12, 2022

220412103330stock_photo_wheat_field_wheat_field_on_the_background_cornfield_ukraine_439789639.jpg

The Farmers' Association of Romania (AFR) says that fewer farmers do performance agriculture in Romania, while provisional data of the Farming Census show that more than a quarter of farms disappeared between 2010 and 2020.   “In 2020, there were 2,887,000 farms in Romania which used 12.8 million ha of farming land. The provisional data of the General Farming Census 2020 show that over ten years, ...

Cars: Number of new cars registered in Romania, in March, up 35.2pct compared to March 2021

Tuesday, April 5, 2022

More than 13,000 new vehicles were registered in Romania in March this year, by 35.2pct more than in the same month of 2021, according to preliminary data published by the Automotive Manufacturers and Importers Association (APIA).Of these, 11,025 were passenger cars, an increase by 40.2pct compared to March 2021.The top 5 brands are Dacia (2,495 units), followed by Ford (1,060 units), Toyota (865 units), Hyundai (863 units) and Skoda (805 ...

Tourism : 93% of the touristic voyages made in 2021 were for holidays

Tuesday, April 5, 2022

220405122448stock_photo_young_woman_wearing_casual_clothes_is_posing_at_airport_683275162.jpg

The number of the touristic voyages made by residents in 2021 was 17,861,300, the share of the voyages for holidays out of the total being 93.0%, for business and professional reasons -2.2% and for other reasons (religious pilgrimage, medical treatment, etc.) -4.8%, according to the data centralized by the National Institute for Statistics.Most voyages made in 2021 were 1-3 nights, 62% out of ...

Arrivals in tourist accommodation units up 16.1pct in February

Tuesday, April 5, 2022

Arrivals in tourist accommodation structures increased by 16.1pct, in February 2022, compared to February 2021, and overnight stays by 15.6pct, according to the National Institute of Statistics (INS).Thus, the arrivals recorded in the tourist accommodation structures in February 2022 amounted to 578,000 people, with the arrivals of Romanian tourists representing 88pct of the total, while the arrivals of foreign tourists, only 12pct.The overnight ...

Official: The year 2022 will represent the peak of tourist activity

Tuesday, April 5, 2022

 The Minister of Tourism, Daniel Cadariu, estimates that the year 2022 will represent the peak of tourist activity, even in the context of the armed conflict in Ukraine, because people are eager to return to normality, after two years of pandemic."I am expecting, even if we are in this situation of armed conflict at the border, that 2022 will represent the peak regarding tourist activity, because we are after two years of pandemic, and people are eager to ...

Action Plan for capitalizing on cultural heritage to increase tourism competitiveness

Tuesday, April 5, 2022

The Ministry of European Investment and Projects (MIPE) published on Thursday, March 31, the joint order of the Minister of European Investment and Projects, the Minister of Entrepreneurship and Tourism and the Minister of Culture on the approval of the Cultural Heritage Action Plan in order to increase the competitiveness of the Romanian tourism sector for the period 2022-2026.The approval of the Plan also represents the achievement of milestone 327 related to ...

Agriculture: Agricultural production up in grains, oily plants, grain legumes, in 2021

Tuesday, April 5, 2022

- The cultivated area in 2021, compared to 2020, decreased for cereals for grains, dried pulses, potatoes and vegetables and increased for oilseed crops. - Compared to the previous year, the crop production increased in 2021 for cereals for grains, oilseed crops and dried pulses and decreased for potatoes and vegetables.   The agricultural production increased in 2021 compared to ...

Gov't approved memorandum on budget of Rural Invest program: supports agriculture, food industry

Tuesday, April 5, 2022

The Government will approve a memorandum on the budget of the Rural Invest program, intended to support Romanian agriculture and the food industry, in order to become more competitive, Prime Minister Nicolae Ciuca said on last Wednesday."In the economic field, we will ensure access to financing for agricultural enterprises. With this decision, we practically want to encourage business in rural areas. Through the memorandum that we will approve today, the ...

Romanian farmers to get access to irrigation water earlier than in other years

Tuesday, April 5, 2022

Romanian farmers in areas suitable for irrigation will have access to water earlier this year than in other years, given that there was a dearth of rainfall over the winter, Minister of Agriculture and Rural Development Adrian Chesnoiu said on Wednesday."We have taken all the necessary steps to make sure that farmers in areas suitable for irrigation have access to water earlier than in previous years, given that over the winter we faced a dearth of rainfall. ...

Healthcare: Opinion: Romania's healthcare system needs consolidation, research investment 

Tuesday, April 5, 2022

One of the important lessons of the COVID-19 pandemic is that the healthcare system should be consolidated, presidential adviser Diana Paun said on Tuesday during a "Health and Pharma" video conference."One of the important lessons of the healthcare crisis is that the healthcare system should be reinforced. That issue should be a priority on the reconstruction agenda. Health has proven to be very important to all of us, and the healthcare system is one of ...

Real Estate: Romanian real estate market has been able to neutralize the imbalances caused by the pandemic

Tuesday, April 5, 2022

  The local real estate market has rapidly adapted to the new social and business environment, largely countering the imbalances stemming from the restrictions imposed during the state of alert, according to the “Opportunities ...

Infrastructure: Wizz Air assigns 12th aircraft to Bucharest base and introduces two new routes

Tuesday, April 5, 2022

Wizz Air will continue to expand operations in Romania with the addition of a new aircraft to its base in Bucharest and the introduction of two new routes to Greece and Italy, Evelin Horvath, acting network officer, announced on Wednesday in a press conference."We are pleased to announce two new routes in Romania, as well as the twelfth aircraft in the base in Bucharest. This marks an important milestone for the Romanian network as we continue to expand and ...

Port Constanta may waste chance to ship Ukraine's exports due to poor railway connection

Tuesday, April 5, 2022

Ukraine is in talks with Romania on shipping its farming exports via the Romanian Black Sea port of Constanta, as Russia's invasion has blocked off Ukrainian ports, Ukraine's agriculture ministry said in a statement ...

Trade: Online shops recorded dropping traffic to 25%, over February 24 – March 7

Tuesday, March 29, 2022

220329093600stock_vector_mobile_application_shopping_online_on_website_vector_concept_1379237159.jpg

Online shop traffic dropped between 15% and 25% over February 24- March 7, compared to a normal period, a sign that Romanians are much more reserved in purchases and gave up impulse shopping, according to analysis made by a digital marketing agency.   The data centralized by Gun Media show that events in Ukraine generates drops in ...

Infrastructure: The Traian Vuia airport in Timisoara will have a new passenger terminal next year

Tuesday, March 29, 2022

The minister of transport, Sorin Grindeanu has announced on Friday that the winner of the bid for the project and construction of the departure terminal for external flights at the Traian Vuia airport in Timisoara has been nominated, the value of the contract being 88.99 million lei.  ‘After the signing of the contract, the Romanian constructor must finalise the ...

Alstom to supply 20 inter-regional trains to Romania under 270 mln euro deal

Tuesday, March 29, 2022

French multinational rolling stock manufacturer Alstom said on Friday it has signed a contract with the Romanian Railway Reform Authority, ARF, for the delivery of 20 Coradia Stream inter-regional trains and associated 15-year maintenance services for 270 million euro ($297 million), ...

Train ticket prices to increase by 20% in Romania this summer

Tuesday, March 29, 2022

Train ticket prices in Romania are to increase by 20% from July 1. The government approved on March 25 the budget of state-owned railway operator CFR Calatori, which also includes this hike, transport minister Sorin Grindeanu announced.   “CFR Calatori has requested an increase in ticket prices from July 1, 2022. Specifically: a 20% increase, after 9 years without any price change. We are talking ...

Wizz Air reopens 26 routes from 7 airports in Romania

Tuesday, March 29, 2022

Wizz Air, Europe’s fastest growing airline, announces today the gradual reopening of 26 routes from 7 Romanian airports to various destinations in 8 countries. Now, Romanians can travel again to 20 destinations starting in March and April. Seats for the reopened routes are already available online ...

Real estate: Analysis: About 2,000 residential units under construction

Tuesday, March 29, 2022

About 2,000 residential units are under construction now, while three quarters (76%) of real estate projects in Romania are no more than 4 stories high.   “More of half of real estate investments in Romania (57%) are in the stage preceding construction – obtaining building license – a month after the beginning of war in Ukraine,” according to an analysis made by ...

The Center- West area of Bucharest will become the main office hub in Bucharest

Tuesday, March 29, 2022

The office stock in the Center-West area of Bucharest, near Politehnica University, will surpass the existing stock from Floreasca-Barbu V?carescu (which has been the main office hub in Bucharest for eight years) in 2022, according to data from the Cushman & Wakefield Echinox real estate consultancy company.   The modern office stock in the Center -West sub-market, has reached 523,000 square meters at ...

Premium News

Daily

Friday, July 1, 2022

Financial & Banking

Monday, June 27, 2022

Economic

Tuesday, June 28, 2022

Companies

Wednesday, June 29, 2022

Energy & Environment

Thursday, June 30, 2022