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.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
