Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

APIA: Romanian vehicle market up over 11 pct January through November 2017

Tuesday, January 9, 2018

Sales of new motor vehicles in Romania advanced in the first 11 months of the year by 11.1 pct, y-o-y, up to 142,300 units, figure which accounts for the 14.1 pct leap recorded by automobiles, according to data with the Association of Romanian Automobiles Makers and Importers (APIA) released on Wednesday.As far as APIA representatives are concerned, the automobile market in Romania might exceed at the end of the year, for the first time in nine years, the ...

Infrastructure: Bucharest airports increase 2017 incomes by 8% and profit by 45%

Tuesday, January 9, 2018

The National Airport Company Bucharest (CNAB), which manages airports Henri Coanda and Aurel Vlaicu, achieved overall incomes of 1.08 billion lei in 2017, on the rise by 8.3% compared to 2016, on the background of increased passenger air traffic and more efficient airport activity, which gross profit grew by 45% to 389.7 million lei, the company informed. In the second quarter of the year, the company laid accent on making passenger flows more fluid, ...

Minister Stroe: EC accepts financing request for underground section to Otopeni

Tuesday, January 9, 2018

Fekix Stroe, the minister of transports announced that the financing request for M6 underground section 1 Mai- Henri Coanda International Airport Otopeni was accepted by the European Commission, for a total value of 1.391 billion euros. “On December 24, the Transport Ministry made a written application for underground section M6. The financing request was accepted by EC for an underground section of 14.2 km and 12 stations, with a total value of ...

Three main corridors overlapping Trans-European Transport Network to road link with Moldova province

Tuesday, January 9, 2018

The road link with Moldova province is an absolute priority, comprising three main corridors overlapped with the Trans-European Transport Network, and the contractual value of these projects amounts to 7.32 billion euros, VAT excluded, reads a release from the Ministry of Transport."The Ministry of Transport, as an Intermediate Body for Transport, has the responsibility to prepare and manage the project portfolio for European funding in the period 2014 to 2020 and ...

EU funds of RON 1.23 bn for road rehabilitation and water infrastructure

Tuesday, January 9, 2018

18 investment contracts amounting to RON 1.23 billion (over EUR 280 million), from European funds, were signed Monday at Victoria Palace in the presence of Prime Minister Mihai Tudose and European Commissioner for Regional Policy, Corina Cretu, a press release informs, romaniajournal.ro reads. The authorities in the Northwest region will benefit most from these funds. The European Commissioner said that “a lot of efforts ...

Telecom.IT : Romania has 11 million internet users, up by 4 pct in 2017

Tuesday, January 9, 2018

The number of Romanian internet users has increased by 3.8 percent this year, to 11 million people, according to data released by the National Institute of Statistics (INS), business-review.eu reads. According to the INS, the number of internet users has grown constantly over the years across all age groups. Compared to last year, in 2017 the share of internet users aged between 16 and 74 increased by 3.8 percentage points, reaching around 11 million ...

Romania keeps 5th spot in fixed broadband internet speed ranking

Tuesday, January 9, 2018

Romania is again fifth in the world for its fixed broadband internet speed in Ookla’s Speedtest Global Index. The country has held the fifth spot since December 2016. In November 2017, the ...

Healthcare: In Romania, one in ten children prematurely born and needs adequate medical assistance

Tuesday, January 9, 2018

One in ten children in Romania is born prematurely and is in need of adequate medical assistance from their first minute of life in order to survive and to catch up so as to be able to face the external environment, the Save the Children Organisation shows in a press release.The quoted source mentions that according to a report titled "WHO Born too soon", 90 percent of the premature or extremely premature babies (below 32 weeks) survive in the developed countries ...

Trade: Study: Romanian retail market is estimated at 40 billion euro; 85% of products sold are of joint origin

Tuesday, December 19, 2017

The Romanian retail market is estimated now at 40 billion euros, 85% of products sold being of joint origin, while 15% are local products, according to a specialised study. The study shows that retail market in Romania grew by 12% in 2016. That was due to the increase of the gross average salary (1,450 lei at present), the reduction of VAT from 24% to 19% and the occupation of labour force by 0.16% against 2015. Consumption ...

Infrastructure: Romania’s Transport Minister in working visit to EBRD

Tuesday, December 19, 2017

* Meetings focus on urgent need for infrastructure financing Underlining his country’s commitment to developing urgently needed infrastructure, Romania’s new Transport Minister Felix Stroe paid a working visit to the EBRD Monday, ...

CNAIR: in 2017, there were only 15.4 km of highway for use, other 21 km are almost ready

Tuesday, December 19, 2017

The National Company for the Administration of Road Infrastructure  (CNAIR) received 15.4 km of highway, the total length of the roads of high speed getting to 748.Other  21 km are almost finalised, but they are not for use yet, announced on Sunday in a press release CNAIR. ‘In March 2017. CNAIR SA  received the first 15.4 km of highway of this year, on the second lot of the highway Lugoj-Deva. The three segments (A,B,C) and Nod ...

Agriculture: The number of agricultural holdings decreased in 2016 compared to 2013

Tuesday, December 19, 2017

In 2016 the number of agricultural holdings was 3422 thousands, 5.7% less compared to the number resulting from the Farm Structure Survey 2103, respectively 11.3% less compared to the General Agricultural Census 2010 * the number of agricultural holdings without legal status was 3396 thousands, 5.7% less compared to 2013 * the number of agricultural holdings with legal status was ...

Tourism : Non-resident tourists arrived in Romania  spent on average 2159.8 lei/person  în the first ten month of 2017

Tuesday, December 19, 2017

In Q III  2017,  the  total  number  of  non-residents in  collective tourist accommodation  structures*) was 960.5 thousands and their total expenditure amounted to 2026.8 million lei. During  1.I  –  30.IX.2017,  the  total  number  of  ...

Real Estate: Number of real estate sales reaches 571,828 units in end-November

Tuesday, December 19, 2017

The total number of real estate sales reached 571,828 units January through November 2017, most of them recorded in Bucharest - 73,703, according to a press release of the National Agency for Cadastre and Real Estate Advertising on Wednesday.In November 2017, the number of properties sold across the country reached 58,893.Most such sales were recorded between January and November 2017 in Bucharest - 73,703, Cluj - 40,043 and Ilfov - ...

Cars: Around 99,000 new automobiles, registered in Romania, in 11 months, almost 5 times more

Tuesday, December 19, 2017

The number of new car registrations in Romania reached around 99,000 units in the first eleven months, up 14.64 percent as compared to the same period of 2016, while the number of second-hand cars reached 474,487 units, the equivalent of a 71 pct leap as against the benchmark range, as evidenced by statistics with the Driving Licenses and Vehicle Registration Directorate (DRPCIV).According to the quoted source, January through November, the first three places in ...

Agriculture: Romania’s corn yield exceeded 14.5 million tons in 2017, 6 tons per hectare

Tuesday, December 12, 2017

Romania’s corn yield exceeded 14.5 million tons this year, the average yield obtained being 6 tons per hectare, according to the minister of agriculture and rural development, Petre Daea. According to statistic data published on MADR site, the overall corn yield grew this year by 45%, compared to 2016, when ut was a little over 10 million tons, that is 4 tons per hectare, and to the record yield of 11.3 million tons in 2014. In 2004 the yield was ...

Cattle slaughter numbers increased 33 percent this October

Tuesday, December 12, 2017

 Cattle slaughter numbers increased 33 percent this October from September 2017, the National Statistics Institute announced on Friday in a release. Slaughter numbers inched up 2 pct for pigs and poultry and decreased 2 pct for sheep and goats, respectively. In October vs. September, the number of slaughtered animals and carcass weight were up for cattle, pigs and poultry, and lower for sheep and goats. In a YoY ...

The quantity of cow’s milk collected by processing units in October 2017 down 0.9% from September 2017

Tuesday, December 12, 2017

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in October 2017 decreased by 0.9% compared to September 2017 and was up 12.9% from October 2016. The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in the 1.I-31.X.2017 period rose by 7.3% compared to the 1.I-31.X.2016 ...

Healthcare: Health Ministry: 478 new HIV cases and 121 deaths in 2017

Tuesday, December 12, 2017

478 new HIV/AIDS cases were discovered in the first semester of the year, and 121 infected people died in 2017, according to data presented on Wednesday by Cristian Grasu, the secretary of state in the Health Ministry at a debate at AIDS World Day, market every year on December 1. He added that, concerning indicators registered in the National Program against HIV/AIDS, average costs per treated patient per year are about 26,614 lei and the number of ...

Janssen Romania invested EUR 154,000 in first cancer palliative care program

Tuesday, December 12, 2017

Janssen Romania, the pharmaceuticals arm of multinational group Johnson & Johnson, has invested EUR 154,000 in the development of the first curriculum for the palliative care of cancer patients, said Christian Rodseth, managing director of Janssen Romania, business-review.eu reads. The investment was carried out as part of the company’s community involvement platform. According to statistics, some 160,000 patients need ...

Premium News

Daily

Friday, November 15, 2024

Financial & Banking

Monday, November 11, 2024

Economic

Tuesday, November 12, 2024

Companies

Wednesday, November 13, 2024

Energy & Environment

Thursday, November 14, 2024