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.
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
