Approximately 73% of Romanians claim that they will not go on vacation at all this winter, and of those who will, almost 11.5% will spend their winter vacation in Romania, in the mountains, 7.5% will spend it with relatives/in the country, over 6% on the Romanian seacoast and only 2.6% will spend it abroad, according to a survey carried out by CEC Bank in partnership with FinZoom.ro.Among those who will spend their holidays abroad, about 22% say they will go to Turkey, almost 16% chose Spain, 12.5% - Greece, 10% each will spend their holidays in Bulgaria and Italy and over 6% in Egypt. Other holiday destinations include Norway, the UK and Brazil.When it comes to the budget allocated this year for the winter vacation, approximately 80% of the respondents mentioned that they will allocate less than RON 1,000, over 11% answered between RON 1,000 - 2,000, 6.5% will allocate between RON 2,000 - 4,000, and almost 4% intend to spend over RON 4,000.Regarding the means of transport that Romanians use to go on vacation, the personal car is the first choice. More than half of those who will go on vacation will go by car, about 23% chose to travel by train, over 15% by bus and approximately 8% by plane.The survey was conducted online by the FinZoom financial comparator, at the request of CEC Bank, on a sample of about 1,200 respondents from all over the country, representative of Internet users. 53% of the respondents are employees, 75% live in the city and over 27% have higher education.
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
