To prevent the spread of the COVID-19 pandemic, countries around the world have taken a variety of restrictive measures since the beginning of 2020. Due to these restrictions, the air transport industry suffered a blow – but the most recent figures on commercial flights show signs of recovery. In August 2021, the number of commercial flights in the EU increased by 48% compared with August 2020. This is still well below the pre-pandemic levels (-31% compared with August 2019). In absolute terms, the number of commercial flights stood at 479 000 in August 2021, compared with 325 000 in August 2020 and 696 000 in August 2019. The EU countries with the lowest decreases in commercial flights in August 2021 were Greece (-7% compared with August 2019), Romania (-18%) and Croatia (-22%). In contrast, flights decreased by more than half in Finland (-60% compared with August 2019), Ireland (-55%), Slovenia (-54%), Slovakia (-52%) and Czechia (-51%).
Photon Energy and Hyperion Renewables have signed an engineering, procurement, and construction (EPC) contract for a 34 MW solar power plant in Săliște, Romania, with plans to expand the facility to 38 MW. Construction is set to begin in the third quarter of 2025, with commercial operations expected a year later. The project, developed by […]
The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight economic constraints, and the rise of radical political entities that increasingly resemble the hard-right movement of the […]
Romanian leading tour operator Paralela45 announced the merger with Rainbow Tours Polonia, one of the largest players in Poland, and is counting on increasing its market share in the coming years, according to Economica.net. Paralela45 signed a preliminary agreement on the merger with Rainbow Tours of Poland on May 15. ...
Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the weakest in seven quarters. The net wage in Romania leaped up […]
The European Commission could trigger the formal procedure of temporarily suspending European funds for Romania, including money from the Resilience Facility, in June, according to sources consulted by G4media.ro. The...
Hollywood actor Sebastian Stan and swimming champion David Popovici, two of Romania’s most prominent international figures, have called on Romanians to vote in Sunday’s presidential runoff, where independent candidate and Bucharest mayor Nicușor Dan faces George Simion, the leader of the far-right party AUR. Sebastian Stan, who won a Golden Globe for...
