In 2023, rail transport registered a 5.4% increase in the number of transported passengers and a 6.1% increase in their journey, compared to the previous year, according to the data centralized by the National Institute of Statistics.On the other hand, the volume of transported goods decreased by 11.5%. 48.867 million tons of goods were transported, of which 79.3% in national transport. The tariff path of goods decreased by 3.3%, with an increase only in national transport, by 1.4%.Significant ratios in the total of transported goods were registered for the divisions: coke, refined petroleum products (23%) and coal and lignite; coal and natural gas (21.1%). Regarding the course of the goods, 29.5% of the total is represented by the coke division, refined petroleum products and 24.5% agricultural, hunting and forestry products; fish and other fishing products.According to the INS, last year the journey of motor vehicles increased by 3.7% compared to 2022, and the average daily journey of passenger cars by 3.2%. The number of loaded wagons entered from abroad (thousand wagons) increased by 2.6% and the average gross weight of freight wagons (tons/train) by 2.3%. The average commercial speed of passenger trains (km/h) increased by 0.6%.In contrast, the average commercial speed of freight trains (km/h) decreased by 13.6%, and the wagons loaded on the C.F.R. network (thousand wagons) were less by 10. The average daily distance of locomotives used for freight transport (km/day) decreased by 3.4%, that of freight wagons by 3.3%, and the average static load of wagons of freight (tons/axle) decreased by 2.4%.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
