According to the Ministry of Culture and Tourism of Turkey, the country hosted 1,173,358 Romanian tourists between January and December 2024, an increase of 18.52% compared to 2023 (990,005). Moreover, by the end of 2024, Turkey hosted 329,796 tourists from the Republic of Moldova, 14.36% more than in 2023 (288,377). Türkiye achieved a 9.8% year-on-year growth in its visitor numbers and hosted 62.269.890 visitors in 2024, representing a 20.3% growth compared to 2019, the pre-pandemic year. With this figure, Türkiye also surpassed its targets of 60 million visitors, which it announced earlier in 2024, and 61 million visitors, which it renewed last October. In addition, Türkiye generated 61.1 billion USD as tourism revenue, which is 8.3% more than the previous year. Overall, 2024 has been Türkiye’s most successful year in tourism. Europe, the Middle East, and Central Asia have remained Türkiye’s biggest source markets while emerging markets such as the Americas, India, and China showed great growth in 2024. While Russia, Germany, and the United Kingdom remained Türkiye’s top three biggest source markets, the growth in the number of visitors from emerging markets was 8.1% for the USA, 65.1% for China, and 20.7% for India. Türkiye’s international visitors spent an average of 10.7 days in the country, and the revenue per visitor was USD 972. According to UN Tourism, Türkiye ranks among the world’s top five most visited destinations in 2023. (Photo:https://www.ktb.gov.tr/)
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
