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.
The US official export credit agency, EXIM Bank, has approved a financial commitment of up to USD 99 million to support the development of Romania’s 462 MW small modular reactor, or SMR, project near the village of Doicești. The funds are designated for RoPower Nuclear SA, a joint venture equally controlled by the state-owned company […]
At a time when our thirst for knowledge is growing, as is the amount of content available online, the use of AI summarization tools is becoming increasingly common. Let's take a look at how these AI tools are emerging as a time-saving solution for our busy schedules. Why AI summarizers are gaining popularity The amount […]
The Games in Schools program, through which hundreds of students across Romania are taught history, geography, and other subjects with the help of video games, is entering a new phase this fall and expanding. The Romanian Game Developers Association launched the Games in Schools, or RGDA, program in 2022 to provide alternative tools to teachers […]
Output and new orders down at fastest rates since February Survey-record drop in payroll numbers, while confidence dips Below average input and output price inflation signalled The manufacturing sector in Romania remained under pressure in September, as operating conditions deteriorated at the most pronounced rate seen since February. Subdued demand conditions played a large part […]
Bucharest and twelve other cities across Romania will open their alternative contemporary art spaces for a long program during the weekend of October 4-6, marking the 18th edition of the White Night of the Galleries. The public will be able visit galleries, alternative spaces, creative hubs, and art studios in Bucharest, Brașov, Cluj-Napoca, Craiova, Deva, […]
Catalyst Romania has invested EUR 2 million in Romanian robotics development company Adapta Robotics. Women in Tech (WIT), a business angel community, participated in the round. The investment will allow Adapta Robotics to further customize its flagship MATT Robot to serve various industry verticals, strengthen its sales and marketing teams, and establish strategic partnerships with […]
