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Report: Sustainable industrial development shaping Romania as regional hub
Tuesday, August 5, 2025
With a total industrial stock heading towards 8 million sqm in 2025, Romania is attracting new developments that are positioning the market as a logistics hub in the region with embedded sustainability elements, its growth also driven by the nearshoring trend. According to a report by Cushman & Wakefield Echinox, total industrial and logistics stock had reached 7.71 million sqm at the end of Q1 2025, with new ...
Tourism : Study:On vacation, Romanians are most afraid of exceeding vacation budget
Tuesday, July 29, 2025
The biggest financial worry of Romanians when traveling abroad is the difficulty of sticking to a set budget and the temptation to overspend (22%), followed by the fear of physical theft (16%) and unexpected expenses (12%), according to a recent survey conducted by Revolut and Dynata, on a representative sample of the adult population in Romania."Although 26% of respondents admit that they generally stay within their vacation budget, 24% of participants say ...
Agriculture : Value of agricultural production decreased by 4.3% in 2024
Tuesday, July 29, 2025
The value of agricultural production decreased in 2024 by 4.3% compared to the previous year, to 100.544 billion lei, according to semi-final data published on Friday by the National Institute of Statistics.The value of crop production decreased by 10.1%, to 55.318 billion lei, that of livestock production increased by 5.1%, to 42.030 billion lei, and that of agricultural services decreased by 5.2%, to 3.195 billion lei."Compared to 2023, the ...
Telecom.IT: Potential of blockchain technology remains largely untapped in Romania
Tuesday, July 29, 2025
The potential of blockchain technology remains largely untapped in Romania, and companies that choose to invest early in this direction benefit from a unique opportunity to gain a competitive advantage, claims Adrian Grigoras, Technology Consulting Director, EY Romania, in an analysis sent on last Thursday.According to him, blockchain technology is known globally for its role in the field of cryptocurrencies, but this technology is ...
Average download speed - 446 Mbps for fixed internet , 58 Mbps for mobile internet in 2024
Tuesday, July 29, 2025
Last year, the average download speed at national level reached 446 Mbps for fixed cable internet and 58 Mbps for mobile internet, according to the report of the National Authority for Management and Regulation in Communications of Romania (ANCOM) on the quality of internet access service for 2024, published on Thursday.At the same time, the average upload speed at national level reached 385 Mbps for fixed-point internet access service via cable ...
Cars: Turnover in wholesale and retail trade of motor vehicles, motorcycles up 1.6 pct in first five months
Tuesday, July 29, 2025
The turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as unadjusted series, increased by 1.6% in the first five months of this year, due to increased turnover in the motor vehicle maintenance and repair sector, motorcycle trade, and auto parts and accessories.According to data from the National Institute of Statistics (INS) published on Tuesday, motor vehicle maintenance and repair activities recorded a ...
Trade: Romania emerges as a strategic destination for international retail
Tuesday, July 29, 2025
Romania’s retail market continues to attract a growing number of international brands, according to an analysis conducted by the Cushman & Wakefield Echinox real estate consultancy company. The analysis reveals that more than 40 international retailers entered the Romanian market between 2020 and 2025. Globally, all these retail chains have total annual revenues exceeding €80 billion, compared with the total estimated Romanian retail market revenue of ...
Infrastructure: AnimaWings Launches Bucharest–Sofia Flights in Oct 2025
Tuesday, July 29, 2025
The Romanian low-cost airline AnimaWings will launch flights between Bucharest and Sofia starting October 1, 2025. The new route will operate five times a week, excluding Saturdays and Sundays, the airline announced, as cited by Dunav Most. Ticket prices start at €74.99 one-way, including a carry-on bag. This makes the new route a competitive alternative to existing travel options between the two capitals, according to ...
Real Estate: Analysis: Office developers eyeing scalable spaces and enhanced amenities
Tuesday, July 29, 2025
Office developers are working to make their projects more scalable for flexible work demands, while adding key facilities for employees with a focus on well-being in a bid to enhance the overall experience. Meanwhile, the market is seeing a gap in new deliveries this year in Bucharest, with around 130,000 sqm in new projects expected through to 2027. The Bucharest office market saw a decrease of 44% in gross take-up ...
Romania’s industrial & logistics market eyeing record year amid growing demand
Tuesday, July 29, 2025
At the start of the industrial and logistics panel during the Realty Forum 2025 event by Business Review, Lucian Opris, Office & Industrial Director at Colliers, set the tone with an optimistic snapshot of the Romanian market. Joined by top development leaders from NEPI Rockcastle, CTP, WDP, Eli Parks, and BMF Group, Opris highlighted a key trend: Romania is on track to record one of its strongest years yet in terms of leasing ...
Infrastructure: Cluj-Napoca airport's H1 passenger traffic at 1.6 ml
Tuesday, July 22, 2025
Passenger traffic at the 'Avram Iancu' International Airport in Cluj-Napoca hit over 1.6 million in the first half of 2025, 11% more than in the same period of 2024, the air facility said in a release.Other activity numbers in the reporting period were as follows: over 13,750 aircraft movements (+12% y-o-y); an ACI Europe nomination among the large regional airports with the most consistent air traffic dynamics in May 2025 (+12.8% vs. May 2024); the best month of June ...
Etihad Launches New Direct Flights to Bucharest
Tuesday, July 22, 2025
Etihad Airways, one of the two major airlines in the Emirates, will include Bucharest on the list of airports served, according ...
Tourism : Romanians expected to exceed the record level of 11 billion euros spent on vacations, business tourism in 2025
Tuesday, July 22, 2025
Romanians spent more than three billion euros on foreign travel in the first four months of 2025, 15% more than in the same period in 2024, and they are expected to exceed the record level of 11 billion euros for the whole year, according to a specialist analysis, based on data released by the National Bank of Romania (BNR).Colliers data, published on Tuesday, show that domestic tourism is also on an upward trend: the number of nights spent in hotels and ...
Hotel Cismigiu reports increased revenue and 77% occupancy rate in H1 2025
Tuesday, July 22, 2025
Hotel Cismigiu, part of Hercesa Romania’s portfolio since 2004, recorded growth across all metrics in the first half of 2025, the company reports. Total revenues increased by 9% compared to the same period in 2024, while occupancy reached 77%, up by 6% year-over-year. The Average Daily Rate (ADR) rose by 7% compared to the same period last year, increasing from €113 in 2024 to €121 in 2025, while double occupancy per room slightly grew from 1.51 to 1.60 ...
Telecom. IT: Report: Romania - Moldova bilateral data roaming traffic hits 1 ml GB in 2024
Tuesday, July 22, 2025
Due to more affordable roaming fees between Romania and the Republic of Moldova, the bilateral roaming traffic last year soared to one million GB, shows a joint report by the National Communications Administration and Regulation Authority (ANCOM) and the Republic of Moldova's National Regulatory Agency for Electronic Communications and Information Technology (ANRCETI).The report highlights the significant progress made in the three years of application of the 2022 Agreement ...
Average number of Internet connections of technology-based devices is 125/second, globally
Tuesday, July 22, 2025
The number of technology-based devices that connect to the Internet is very high, with an average of 125 per second, globally, and more and more of them are in the energy sector, Dan Cimpean, director of the National Directorate of Cyber Security (DNSC) said on Thursday at a signing conference of a strategic cooperation agreement for resilience against cyber-attacks ."To us, as a directorate, the energy sector, with its entire ecosystem of solution providers, services, in ...
Real Estate: Real estate investment volumes in H1 remained high, 30% above the 12-year average
Tuesday, July 22, 2025
The total volume invested in income-producing real estate assets – office, retail, logistics and industrial spaces and hotels – in Romania reached approximately €391 million in the first half of 2025, corresponding to a slight decrease of 6.5% compared to the same period in 2024 (€418 million). However, the first semester of 2025 is ranked as the second best-performing H1 in the last 12 years, being 30% above the average of the first semesters of the analyzed ...
Analysis: The Real Estate Market Between Adjustment, Opportunity, and Repositioning
Tuesday, July 22, 2025
The fiscal measures assumed by the Government this summer mark a major shift in economic paradigm, whether we’re talking about increasing the standard VAT rate to 21%, eliminating tax incentives for housing, or raising excise duties. The Government’s announced package of measures comes at a time when inflation remains relatively high, and fiscal policy appears to be the main tool for macroeconomic adjustment. In this context, a slowdown in consumption is ...
Construction production in Romania up 7pct five months into 2025
Tuesday, July 22, 2025
Construction production in Romania in the first five months of 2025 increased by 7%, year-on-year, seasonally adjusted, according to data with the National Institute of Statistics (INS) published on Friday.The increase was mainly due to capital repair works and new construction works, which increased by 52.7% and 6.9%, respectively.On the other hand, ongoing maintenance and repair works decreased by 12.2%.Increases were recorded in ...
Telecom. IT: Cyber incidents have increased in frequency by 22% this year
Tuesday, July 15, 2025
The frequency of cyber incidents reported globally has increased by 22% this year compared to 2024, and the most targeted sectors are the consumer products industry, professional and consulting services, manufacturing and real estate, according to the international study "2025 Global Cyber Risk Report", published on Friday.According to research conducted by the Aon Group, ransomware remains one of the most common and costly forms of cyberattack, ...