Romania has, currently, around 6.9 million hectares of forest fund, out of which 51pct are private property, data released by the National Forestry Inventory (IFN) at a Thursday conference reveals. According to IFN, there are 14 million hectares of farmland, the ratio of the categories of land being 1:2.1. The data indicate that there are around 830,000 forest and approximately four million owners of farmland, with a ratio of 1:5. The forest sector (forestry and wood processing) represents 2pct of GDP and that of agriculture and food industry represents 12pct. The IFN Inventory was conducted between 2008-2012; a new cycle of analysis debuted in 2013. "IFN was initiated in 2006, and its completion was stated in the Forest Code in 2008, in order to align to European standards. This inventory must be conducted, at a national level, every five years. The inventory must be conducted due to a need for precise and up-to-date information to serve as the basis for the forestry policy, forecasts, programs and strategies for the development of the forestry sector," Director for Policies and Strategies with the Environment Ministry Danut Iacob stated at the conference. The data were collected in the field by 21 teams assembled and trained for this purpose, each consisting of three people. IFN data shows that in cubic meters, the amount of wood is 2.22 million, with an average 321.9 cubic meters per hectare. The main species of trees are beech, representing 36.8pct, spruce - 23.8pct, holm - 10.1pct, hornbeam - 8.1pct and fir - 5pct.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
