The volume of wood exploited last year by certified economic operators increased by 12.9% compared to 2019, to 19.792 million cubic meters (cubic meters), according to data published on Thursday by the National Institute of Statistics (INS).Also, the volume of round wood exploited increased by 13.4% in 2020, compared to 2019, totaling 18.049 million cubic meters. In the total volume of round wood exploited, the largest share has deciduous species (58.6%), while coniferous species cover 41.4%. Among the deciduous species, beech wood has the largest share, respectively 32.2% of the total round wood exploited.According to INS data, last year there was a 13.4% increase in the volume of round wood, mainly due to the fact that coniferous species had an increase of 17.2% with a share of 41.4% in the volume of round wood exploited, and the deciduous species registered together an increase of 10.8%, with a share of 58.6% in the volume of round wood exploited.The main destination of round wood was represented by logs, in proportion of 50.9%, followed by firewood in proportion of 35.6%.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
