More than 40% of Romanians say they will spend less during the winter holidays than they did last year, according to a survey conducted by CEC Bank in partnership with the FinZoom.ro bank comparator. To the question – compared to last year, this year do you think you will spend more or less on the Holidays – more than 40% of respondents claimed that they would spend 10%-30% less. At the same time, about 27% say they will spend the same amount of money, similar to last year. Only 23% of those surveyed say they will spend more than last year on the occasion of the holidays, while over 9% have not determined the amounts they will allocate to this period. Regarding the allocated budget, 30.5% of the respondents say that they will fall between 500 lei and 1,000 lei, while a quarter of those surveyed will spend less than 500 lei. About 20% of the respondents will spend amounts of 1,000 – 1,500 lei and only smaller percentages of those surveyed allocated larger amounts. For more than half of those surveyed, the main expenditure for the Holidays will be on food, for 42% of respondents on gifts and only under 5% will allocate most of the money for the holidays. But even the main expenditure category, food, has a budget of less than 600 lei for 70% of the respondents. For other categories of holiday expenses, almost 50% of respondents will allocate less than 300 lei, over 31% will allocate between 300-600 lei, about 13% between 600-1,200 lei and just over 5% will allocate amounts greater than 1,200 lei.
President Nicușor Dan stated on Monday, November 10, that Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. “Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. Why? First of all, because it has a […]
Officials in the mountain resort town of Râșnov, central Romania, have issued an urban planning certificate for the transformation of a Boeing 737 airplane into a premium accommodation unit. The plane will be placed near the famous Bran Castle, and organizers expect it to become a tourist attraction. “The project is located in the Pănicel […]
Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, has received the award for best film at the Tertio Millennio International Film Festival in Rome. The jury of the festival noted in its motivation the film's "ability to combine formal rigor and human […]
The Romanian Justice Ministry advanced a legislative initiative according to which femicide could be punished with life imprisonment. The proposal comes after numerous women were killed this year by former partners, despite protection orders. The debate about femicide in Romania was brought back to the fore after another tragedy took place on Saturday, November 9, […]
Cultural center Apollo111, located in downtown Bucharest’s Universul Palace, has announced the program of arthouse films Apollo111 Cinema. The performance venue of Apollo 111 has been refurbished and endowed for professional film screenings. It will run a weekly program of contemporary and classic auteur films, meetings with filmmakers, and an experimental area, meant to “explore […]
Chinese consumer electronics manufacturer Xiaomi announced the official opening of its first own store in Romania, in Bucharest, inside the ParkLake shopping center, on the ground floor, on November 22. The new store will have a surface area of 150 square meters and will bring to the public the latest smartphones, accessories, and smart devices […]
