Romania has not applied to participate in any international tourism fairs, such as World Travel Market London, FITUR Madrid or ITB Berlin and checks its first absence from the London fair after 40 years, according to representatives of the National Association of Travel Agencies (ANAT) and Incoming Association Romania (AIR) in a press release on last Wednesday. In this context, the two associations draw the government's attention on the total neglect of incoming tourism in an open letter addressed to the provisional minister of economy, entrepreneurship and tourism, Virgil Popescu. According to data supplied by Eurostat, Romania recorded, in July 2021 the biggest drop of incoming tourism in EU, compared to the previous year, facing a 90% drop of the number of nights spent by foreigners in accommodation units. According to the source, the most important tourism events held abroad have already been launched and are registering participants (World Travel Market London, FITUR Madrid, ITB Berlin, etc). “ANAT and AIR request the ministry to communicate as soon as possible the strategy of Romania's promotion on long and short term and the list of international events in which the ministry will participate with stands in the rest of 2021 and in 2022. ANAT and AIR also ask representatives of the Ministry of Economy, Entrepreneurship and Tourism to speed up the publication of regulations on exhibitors' participation (licensed travel agencies, accommodation structures, promotion organizations) in Romania's national stand. Until then, Romania marks its first absence in 40 years in World Travel Market London, which will open its gates in less than two weeks”, the press release shows.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
