The tourist phenomenon in the Danube Delta recorded in the first 8 months of the year reached the level of 2019, for the number of Romanian visitors, said Catalin Tibuleac, the president of the Danube Delta Tourist Management Association (AMDTDD). The lack of foreign tourists in the reservation led to the drop by 8.8% of the phenomenon recorded in the mentioned period compared to the same interval of 2019. “Compared to 2019, we have a plus of 10% Romanian tourists, but a deficit of 8.8% for foreign tourists, over January-August. Unfortunately, we will have this loss of foreign tourists, although we recovered somehow compared to June, when we had a drop of 11.3%. However I think we will have an obvious increase of the number of Romanian tourists compared to 2019 at the end of the year, but on the overall we will have a 7% drop caused by the shortage of foreign tourists,” the president of AMDTDD said. Catalin Tibuleac explained the increase of the number of Romanian tourists by granting bonuses to people who came to the Delta for the first time. “The quality of services offered by pensions and restaurants in the Delta increased, prices remained relatively similar with those of 2019 and the degree of sanitary safety also grew,” Tibuleac added. In his turn, Dan Verbina, the owner of a pension in Crisan commune, declared that, compared to last year, tourism recorded a slight drop, but compared to 2019, the number of visitors was “a little higher”. “Tourism was a little worse than in 2020, but satisfying compared to previous years. Against 2019 it was a little better. This year, we had families with many children. It is interesting that parents are trying to teach children to love the Delta and this is the main characteristic this year. It was a year with longer stays than in past years. People no longer want to see the Delta rapidly,” Verbina mentioned.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
