In 2023, Bucharest is on the 8th place in the list of the most crowded cities in the world, according to the annual index conducted by the manufacturer of GPS systems Tomtom. In Europe, we are in 4th place. Last year, the people of Bucharest lost 150 more hours in traffic due to congestion, the average travel speed at peak hour being about 17 km/hour. The congestion level was around 55%, according to the cited source. Compared to 2022, the city is more congested, with the time required to travel a distance of 10 km increasing by 20 seconds to 27 minutes and 40 seconds. In 2022, we were 7th in this list, and in 2021, we were 8th. The most congested day in 2023 was November 28 when it took 36 minutes and 50 seconds to travel a distance of 10 km. Due to the crowding at peak hours, the people of Bucharest lost 150 hours more and paid almost 1,000 lei more for fuel. During the week, the greatest traffic congestion is recorded on Wednesdays, between 17.00 and 18.00, when a distance of 10 km is covered in about 41 minutes on average. Top most crowded cities in the world London Dublin Toronto Milan Lima Bengaluru Pune Bucharest Manila Brussels
Hungarian state-owned company MVM expects to complete its acquisition of the majority stake in E.ON Energie Romania's gas and electricity supply division by June or July, CEO Karoly Matrai told Portfolio.hu, as reported by Reuters. The official also said that MVM does not intend to sell the companies it plans to acquire in Romania and […]
Tudor Platon’s An Almost Perfect Family and Radu Ciorniciuc and Lina Vdovîi’s Dad will be screened at this year’s DocPoint – Helsinki Documentary Film Festival. An Almost Perfect Family, produced by Carla Fotea / MicroFILM, was selected in the International Competition of the festival. The documentary Dad will be screened as part of the event’s […]
"The Romanian pet food market is larger than our domestic market in Ukraine. It shows significant potential and is growing steadily, with an average annual growth rate (CAGR) of 7%," states Yuriy Bykoriz, Managing Director CEE, Kormotech Global. Kormotech, a family-owned global pet food company with Ukrainian roots, has been producing food for cats and […]
Romania's e-commerce sector accounted for 3.32% of the country's GDP in 2024, showing steady growth but still trailing behind the European average of around 5%, according to data from the Bulgarian eCommerce Association. In Central and Eastern Europe, Greece leads the region with e-commerce contributing 7.87% to its GDP, while Bulgaria lags behind with just […]
Promotional products were twice as present in shopping carts in 2024. Healthier choices: Nearly half of Bringo orders included organic products. Less sugar: +20% increase in sugar-free products in Bringo carts. Bringo, the first rapid online grocery delivery service in Romania using personal shoppers, has analyzed key trends shaping eGroceries consumption...
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR 227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and...
