• In 2023, the agricultural production value increased by 0.6% compared to the previous year. • The crop production and agricultural services increased by 2.1% respectively 0.4%, while the animal production decreased by 2.5%. According to the data of the National Institute of Statistics (INS) published on Monday, in 2023, the structure of the agricultural production value presented slight variations compared to the previous year. The share of crop production was 60.3%, lower by 5.3 percentage points than the previous year; the share of animal production was 37.0%, higher by 5.2 percentage points than the previous year. The agricultural services had a share of 2.7%. The structure of the crop production value in 2023, by main crop groups, shows the following differences compared to the previous year: - increases in the production value shares were registered for: vegetables and melons (+2.0 percentage points), fruit and grapes (+1.3 percentage points), potatoes (+0.6 percentage points) and fodder plants (+0.2 percentage points); - decreases in the production value shares were registered for: cereals (-2.2 percentage points), oilseed crops (-1.3 percentage points) and other product groups (-0.6 percentage points). The structure of the animal production value in 2023, by main species and product groups, shows the following differences compared to the previous year: - increases in the production value shares were registered for: products obtained by processing milk in the animal farm (+2.8 percentage points) and poultry (+0.9 percentage points); - decreases in the production value shares were registered for: sheep and goats (-2.2 percentage points), cattle (-1.2 percentage points), other product groups (-0.2 percentage points) and pigs (-0.1 percentage points).
CTP, a leading developer, owner, and operator of industrial and logistics properties in Europe, is moving forward with the construction of a new 10,800 sqm building at CTPark Oradea North, further expanding its presence in western Romania. With this addition, the company’s development pipeline in Oradea now exceeds 100,000 sqm of gross leasable area. Located […]
The Romanian Investment and Development Bank (BID) has joined the Three Seas Initiative (3SI) Innovation Fund with a EUR 20 million commitment, becoming the fifth national promotional institution to back the EIF-led instrument. The fund, which backs growth-stage companies across Central and Eastern Europe, has now reached EUR 100 million in national contributions from Romania, […]
2025 will end with over 1,000 premium and luxury dwellings delivered in new residential projects from Bucharest and its surroundings, a record for the recent history of the local residential market, according to a market report issued by real estate consultant SVN Romania. The surge is driven by several medium- and large-scale developments, each featuring […]
Transgaz (BVB: TGN), the operator of the national natural gas transmission pipeline system, has increased its consolidated net profit almost fivefold in the first nine months of the year, compared to the same period in 2024, rising from RON 144.7 million (EUR 28.5 million) to RON 682 million (EUR 134.1 million), according to the report. Transgaz’s […]
The griffon vulture (Gyps fulvus), a species that has been extinct in the country for over 70 years, will be reintroduced in a project carried out by nature conservation non-profit Conservation Carpathia Foundation (FCC). The project, part of wider efforts to restore biodiversity in the Făgăraș Mountains, will be carried out in several stages, in […]
azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and […]
