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%).
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
