Over 965,000 non-resident tourists stayed in Romania in the first half of this year, and their total spending amounted to 3 billion lei, according to data the National Institute of Statistics (INS) published on last Thursday.On average, a non-resident tourist spent 3,100 lei in Romania in the first half of this year.Business trips were the main reason for 55.7% of non-resident tourists who arrived in Romania between January and June, accounting for 58.6% of the total expenditure.More than 44% of non-resident tourists arrived in Romania for private purposes, accounting for 41.4% of total expenditure.In the second quarter, the total number of non-resident tourists accommodated in collective tourist accommodation structures was 586,300 and their expenditures amounted to 1.85 billion lei (on average 3156.9 lei/person).Of the non-resident tourists who arrived in Romania in the second quarter of 2024, 53.6% traveled for business purposes, their expenditures accounting for 57.2% of the total expenditures. Of the total business spending in the second quarter, the main share was spent on accommodation (52%), followed by expenditure in restaurants and bars (16.9%) and shopping (14%).Private tourists accounted for 46.4% of the total, their expenditure representing 42.8% of total expenditure. Spending on accommodation accounted for 43.6% of total spending, followed by spending on shopping (15.3%) and spending in restaurants and bars (15.1%).
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
