• In 2023, the agricultural production value increased by 0.6% compared to the previous year. • The crop production and agricultural services increased by 2.1% respectively 0.4%, while the animal production decreased by 2.5%. According to the data of the National Institute of Statistics (INS) published on Monday, in 2023, the structure of the agricultural production value presented slight variations compared to the previous year. The share of crop production was 60.3%, lower by 5.3 percentage points than the previous year; the share of animal production was 37.0%, higher by 5.2 percentage points than the previous year. The agricultural services had a share of 2.7%. The structure of the crop production value in 2023, by main crop groups, shows the following differences compared to the previous year: - increases in the production value shares were registered for: vegetables and melons (+2.0 percentage points), fruit and grapes (+1.3 percentage points), potatoes (+0.6 percentage points) and fodder plants (+0.2 percentage points); - decreases in the production value shares were registered for: cereals (-2.2 percentage points), oilseed crops (-1.3 percentage points) and other product groups (-0.6 percentage points). The structure of the animal production value in 2023, by main species and product groups, shows the following differences compared to the previous year: - increases in the production value shares were registered for: products obtained by processing milk in the animal farm (+2.8 percentage points) and poultry (+0.9 percentage points); - decreases in the production value shares were registered for: sheep and goats (-2.2 percentage points), cattle (-1.2 percentage points), other product groups (-0.2 percentage points) and pigs (-0.1 percentage points).
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
