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.
Romanians are preparing to spend more this Christmas compared with last year, according to a new Raiffeisen Bank study conducted in partnership with research platform Appinio. The survey showed that 65% of respondents expect higher holiday expenses in 2025, while 26% anticipate spending similar amounts to 2024. Half of those surveyed allocate between 25% and […]
Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),
President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]
Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating. The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]
The Romanian authorities will only supervise the operations at Lukoil’s Petrotel refinery and not be involved in its management until a new owner is found, according to an emergency ordinance approved by the government in Bucharest this week, as reported by Hotnews.ro. Russian group Lukoil is seeking buyers for its...
The ‘5 to go’ coffee shop chain announced the signing of a partnership with the national gas station network RO concept OSCAR, owned by businessman Alin Niculae, according to Economica.net. The gas station network has reached 120 strategically distributed stations nationwide, of which more than 90 are franchised under the RO concept...
