In the first nine months of 2021, rail passenger transport recorded an increase of 7 pct in the number of passengers transported and by 13.7 pct in terms of their journey, according to data centralized by the National Institute of Statistics (INS).Air transport recorded the largest increase in means of transportation, in terms of the number of passengers, by 30.8 pct compared to the same period in 2020, with 7.992 million passengers being transported, of which 87. pct on international flights.Road passenger transport recorded, during the mentioned period, a decrease of 6.4 pct in terms of the number of passengers transported, compared to the same period in 2020, while their journey increased by 6.1 pct.In terms of inland waterway transport, both indicators increased compared to the first nine months of last year, with 11 pct in the number of passengers transported and by 12.1 pct in their journey.No passengers were registered in the maritime transport during the studied period.According to the INS, between January and September 2021, road passenger transport held the largest share in total (79.9 pct), followed by rail transport (16.8 pct). In the international passenger transport, 7.689 million passengers were registered, respectively 3.1 pct of the total, of which 90.8 pct in air transport.The average distance of transport of a passenger was higher than the period 1 January - 30 September 2020 for all modes of transport, registering an increase of 13.4 pct in road transport, by 6.4 pct in rail transport and by 1 pct in inland waterway transport.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
