A collection of 189 posts
Romania will inaugurate its first new airport in over 50 years this week, with the goal of serving over one million customers annually by 2026, local media reported. Aeroportul International Brasov (Brasov-Ghimbav International Airport) will be the country’s third largest, after Henri Coanda near Bucharest, and Cluj-Napoca, west Romania.
Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc’s official statistics office Eurostat reported in its revised data. In Central and Eastern Europe (CEE) – and Europe as a whole – Poland had the highest growth rate of 3.8%, ahead of Croatia
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the EU’s official statistics agency Eurostat. This constituted 6.3% of those in that age group, a historic low since 2009, it added. The lowest rate in Central
“Romania, and Europe, have lost the battle with China in certain segments, such as battery production, but we are trying to recover this gap,” Romanian Economy Minister Florin Spataru said on Thursday 25 May, state news agency Agerpres reported. “How do we manage to have a balanced approach in the
Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold in the country in the first four months of 2023, digi24.ro reports, citing data from the Association of Automobile Manufacturers and Importers (APIA). Sales of electric cars have consequently
Romanian President Klaus Iohannis promulgated the revised law that lays down a “solidarity contribution” from the “excessive profits” of energy companies, on Friday 12 May. The new provisions were much softened compared to the initial version, which was deemed “unconstitutional” by a furious OMV Petrom, the Romanian integrated oil company
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released data of the EU statistics agency Eurostat. Just behind the Baltic country were Czechia, with 81.3%, and Hungary (80.2%). The middle grouping of the EU member
Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market distortions caused by the war in Ukraine, local website digi24.ro reported. A joint statement of Romania’s four main farming federations said they were sending “a new appeal to
Prime Minister Mateusz Morawiecki laid out his hopes to build a new economic community in Central and Eastern Europe (CEE) with Romania and Ukraine in Bucharest on Tuesday, 28 March, and also criticised powerful Western countries for “undermining the region”. At the Polish-Romanian intergovernmental consultations in Bucharest, Morawiecki stressed cooperation
Romania, Poland, Hungary, Bulgaria and Slovakia expressed concern in a letter to the European Commission (EC) on Friday over an “unprecedented” increase in the number of Ukrainian grains, oilseeds, eggs, poultry and sugar in their countries. Large quantities of cheaper Ukrainian grains have been redirected to countries in Central and
Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will of Hungarian politicians and economic players. Gas supply already shifting away from Russia Hungary’s procurement of sources has broadened and the partial replacement of Russian gas has begun, local
The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018, to 73 million by 2028, according to a new report by Digital TV Research. However, the figures for 2018 included 17mn analogue-cable subscribers, which will have dropped to zero by
The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON 144, or 3.3%, month-on-month, according to data published by the National Institute of Statistics (INS) on Wednesday 15 March, digi24.ro reported. However Romanians will not generally be
Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year, according to National Institute of Statistics data, Romanian Prime Minister Nicolae Ciuca announced on Friday 10 March. “This demonstrates the confidence of investors in the Romanian economy,
Enel will sell its Romanian operations to Greek group Public Power Corp (PPC) for EUR 1.26bn, the Italian utility group announced Thursday, www.digi24.ro reported. Enel has a strategy of cutting its debts and focusing on green energies, the Romanian website noted. Enel said in a press release