Forestry companies reported a 2 percent decrease in the volume of timber harvested in 2023 compared to the previous year, shows data released on Monday by the National Institute of Statistics (INS).According to the report, there was a 1.9 percent drop in the volume of logged roundwood. In the total volume of logged roundwood, hardwood species account for the largest share - 61.3 percent, while coniferous trees account for 38.7 percent. Among the deciduous species, beech represents the largest share, specifically 32.1 percent of the total logged roundwood.The volume of softwood species increased by just 1.4 percent, with a share of 38.7 percent in the total volume of logged roundwood.Deciduous species combined registered a decrease of 3.9 percent, accounting for 61.3 percent in the volume of logged roundwood.
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
President Nicușor Dan said the “rule of law is not negotiable” and stressed that serious problems affecting the justice system can be resolved, as public concern grows following allegations of corruption highlighted in a recent investigative documentary by Recorder titled “Captured Judiciary.” People
Romanian authorities have reportedly confirmed an increase in “super flu” cases in December after the virus caused unprecedented problems in other European countries. In total, over 3,000 flu cases were reported in Romania in just the first week of December, double the number recorded in the previous week (1,504), Euronews Romania reported. The virus is […]
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]
Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...
