Approximately 73% of Romanians claim that they will not go on vacation at all this winter, and of those who will, almost 11.5% will spend their winter vacation in Romania, in the mountains, 7.5% will spend it with relatives/in the country, over 6% on the Romanian seacoast and only 2.6% will spend it abroad, according to a survey carried out by CEC Bank in partnership with FinZoom.ro.Among those who will spend their holidays abroad, about 22% say they will go to Turkey, almost 16% chose Spain, 12.5% - Greece, 10% each will spend their holidays in Bulgaria and Italy and over 6% in Egypt. Other holiday destinations include Norway, the UK and Brazil.When it comes to the budget allocated this year for the winter vacation, approximately 80% of the respondents mentioned that they will allocate less than RON 1,000, over 11% answered between RON 1,000 - 2,000, 6.5% will allocate between RON 2,000 - 4,000, and almost 4% intend to spend over RON 4,000.Regarding the means of transport that Romanians use to go on vacation, the personal car is the first choice. More than half of those who will go on vacation will go by car, about 23% chose to travel by train, over 15% by bus and approximately 8% by plane.The survey was conducted online by the FinZoom financial comparator, at the request of CEC Bank, on a sample of about 1,200 respondents from all over the country, representative of Internet users. 53% of the respondents are employees, 75% live in the city and over 27% have higher education.
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Romanian Marius Barbu as Chief Operating Officer (COO) with effect from April 1, 2026. He will succeed Marek Noetzel, current COO and CEO-designate. Barbu has also been nominated as a Board Director and will stand for election at the […]
