Romania had 844.015 vineyards in 2020, equivalent to 37,9% of the 2,2 million vineyards that existed throughout the European Union, Eurostat data shows on Friday. The large majority of the vineyards in the EU are very small, 83.3% of them having a surface under one ha. This is valid especially in Romania, where a vineyard is, on average, 0.21 ha, the smallest surface in the EU and over six times smaller than the European average which according to Eurostat is 1.43 ha.As a total, the European Union had in 2020 over 2.2 million vineyards which cultivated 3.2 million ha (out of which 180,000 ha in Romania) the equivalent of 45% of the world surface cultivated with vine.Spain, France and Italy make up three quarters (74.9%) of the vineyards in the EU and approximately two fifths (38.7%) of the EU vineyards.Between 2015 and 2019, the vineyards in the EU were relatively stable as surface, with a drop of only 1.1%. In exchange, the number of farms dropped significantly with 257,000 farms, the equivalent of 10.3%. Among the member states, the most important drop was recorded in Portugal (where the number of farms dropped by 98,000), Italy (where 78,000 farms were lost) and Spain (where 34,000 farms were lost).The Eurostat data show that the EU vineyards are relatively old, as vineyards older than 30 years represent a little over a third (36.7%) from the EU vineyards and another two fifths (41.3%) are between 10 and 29 years old.The percentage of the vineyards older than 30 is high in Bulgaria (68.8%), Romania (65.7%) and Cyprus (64.7%). As for Romania, the process of replacement of the old vineyards is much over the EU average, as 12% of the total of the vineyards are younger than three years.The large majority (82.4%) of the EU vineyards were dedicated in 2020 to the production of grapes for quality wine. In the Czech Republic, Germany, Luxembourg, Austria and Slovenia, all farms are specialized on the production of quality wine. Only in Romania, the great majority (72.1% in 2020) of the vineyards are dedicated to the production of table wines.
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 […]
