Real estate |
7 October, 2025 at 11:52 AM
Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.
Economy |
7 August, 2025 at 11:35 AM
Three out of four Romanians traveling abroad this summer have chosen Greece, Bulgaria, Turkey, or Italy as their destination, finds a recent CEC Bank survey.
Real estate |
17 July, 2025 at 7:31 AM
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
Economy |
16 June, 2025 at 10:00 AM
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Industry |
13 June, 2025 at 4:00 PM
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
Economy |
4 April, 2025 at 5:03 PM
Eurostat data shows that 18 member states recorded surpluses, eight recorded deficits and one member state had its current account in balance in Q4 2024.
Economy |
4 July, 2024 at 1:31 PM
Lesbos, Skiathos (Greece) and Ischia (Italy) are among the most sought-after summer holiday destinations by those who want a holiday as a couple, with friends or with family
