Loading page...

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

Subscribe|Login

Economic

Infrastructure : Tender for EUR 215 mln Suplacu de Barcau- Bors highway posted in SEAP

Tuesday, August 29, 2017

The tender for the 60- kilometre Suplacu de Barcau – Bors highway, valued at EUR 215 million without VAT, was posted in the electronic System of Public Acquisitions (SEAP), business-review.eu informs.   The project consists of three sections, namely Suplacu de Barcau-Chiribis (26 km), Chiribis-Biharia (29 km) and Biharia-Bors (5 km). With a total value of over EUR 215 million, excluding VAT, the contract provides ...

Two bids for the almost EUR 530 M suspended bridge over the Danube

Tuesday, August 29, 2017

Romanian National Company of Road Infrastructure Management (CNAIR) announced that has received two offers for suspended bridge over the Danube, also known as Braila-Tulcea bridge or the Golden Gate across the Danube, romaniajournal.ro informs. The bridge connecting the Dobrogea region to the rest of the country, will be mostly used for internal routes, but also for travels to or from Poland, Ukraine or Russia. The contract ...

Bulgaria and Romania Want 3rd Bridge Between the Countries

Tuesday, August 29, 2017

Bulgarians and Romanians call for building a second bridge between the citie of Russe and Giurgiu, which would be the 3rd link between Bulgaria and Romania over the Dunabe, novinite.com reports. Representatives of state and local authorities of the two cities expressed the opinion at a working meeting. The new bridge is imperative because of intense traffic that has doubled over the ...

EU backs Romania with 201 mln euro for railway upgrades

Tuesday, August 29, 2017

The European Commission said on Thursday it is providing 201 million euro ($237 million) to Romania for a railway modernization project, seenews.com informs. The money, from the EC Cohesion Fund, will be invested in the second phase of the modernization of the railway link between Sighi?oara in Mures county and Coslariu in Alba county, both located in Romania's central historical region of Transylvania, the Commission said in a press ...

Agriculture : Romsilva: The volume of illegal logging from the state forest fund, down by 25pc in H1

Tuesday, August 29, 2017

The volume of illegal logging from the state forest fund, administered by the National Forest Administration – Romsilva, registered a decrease of 25.75% in the first half of the year, as compared to the similar period last year, according to a press release issued by the institution on Tuesda quoted by romaniajournal.ro. Thus, in the first six months of this year, 19,450 cubic meters were illegally cut from the state forests administered by ...

AgriMon Daea: This year we have an average production of 4,836 kilograms per hectare on wheat

Tuesday, August 29, 2017

This year's average wheat production, of 4,836 kilograms per hectare, is a historic one, being almost one ton higher than last year, Minister of Agriculture and Rural Development Petre Daea stated on Tuesday at the irrigation system setup in southeastern Calarasi county's Galatui ...

 In 2016/17 barley exports were 43% lower than last season

Tuesday, August 29, 2017

In June 2017 Romania exported 230 KMT barley, which was second largest volume shipped during this month. This volume was sharply higher than 5-year average for June barley shipments (138 KMT). Record shipment was observed in June 2016 – 483 KMT. Thus, in 2016/17 (July-June) Romania exported 1120 KMT of barley (-43% y/y) compared to 1990 KMT in 2015/16 MY, which was absolute record for Romania, ...

Healthcare: Romania’s public healthcare system loses 5,000 doctors in 20 years

Tuesday, August 29, 2017

Romania’s public healthcare system has lost about 5,000 doctors in the last 20 years, or 10% of the total, reports local Profit.ro quoted by romania-insider.com. The public system ...

Medical and pharmaceutical products' trade deficit worth EUR 824 million în January- May 2017

Tuesday, August 29, 2017

 Romania recorded January through May 2017 a medical and pharmaceutical products' trade deficit worth EUR 824 million, according to data collected by the National Statistics Institute ...

Eurostat: Romania, the lowest expenditure per capita inhabitant in the European Union on health in 2015

Tuesday, August 29, 2017

 Romania's expenditure on health in 2015 was standing at 340 euros per capita inhabitant, the lowest such expenditure in the European Union, where the average was 600 euros per inhabitant, according to statistics released on Friday by the EU's official statistics office ...

Tourism: Eurostat: Romania is the 15th in the EU according to the capacity of touristic accommodation, after Hungary and Bulgaria

Tuesday, August 29, 2017

Romania is the 15th in the  EU depending on the touristic capacity with 326,098 beds available in hotels and other accommodation entitites in 2016, being after Hungary and Bulgaria,show the data published on Monday by the European Office for Statistics Eurostat, according to whom the first are France, Italy and Spain. The number of  beds available in accommodation entitites in Romania increased slightly against the level of 325,841 in 2015 ...

Real Estate: The average asking rent for a studio apartment in Bucharest, up 4.58 percent în 2017

Tuesday, August 22, 2017

The average asking rent for a studio apartment in Bucharest reached around 228 euro per month in 2017, up 4.58 percent from 218 euro in 2016 and 1.83 percent higher compared to 2012, when it stood at 222 euro; the current residential rent costs are at a five-year peak, reveals a survey by ...

Value of real estate deals in Romania, up 43% in H1

Tuesday, August 22, 2017

The total value of real estate deals in Romania reached EUR 530 million in the first half of this year, up 43% over the same period last year, according to a report C&W Echinox published last week, romania-insider.com reads The local market recorded the sale of six portfolios of shopping centers. Atterbury acquired a 50% stake in four Iulius Mall shopping centers, while Mitiska bought a stake of 50% in a portfolio of eight ...

Number of employees in Bucharest’s modern office buildings up by 25 pct in past 2 years

Tuesday, August 22, 2017

According to a study by C&W Echinox, in the past two years the number of employees in Bucharest increased by 25 percent and stands at 240,000. Moreover, the study shows, the number could go up to 250,000 by the end of 2017. In the first half of 2017, the number of employees working in modern office spaces went up by 6,100. Pipera South (Dimitrie Pompeiu), Barbu Vacarescu – Floreasca and the West are still the locations ...

Agriculture: 100 new traditional products with European recognition potential identified

Tuesday, August 22, 2017

Specialists from County Agriculture departments have identified 300 products in Romania which could be included in  national and European quality systems.Of them, 100 are potential products with names that can access European quality systems, the Ministry of Agriculture and Rural Development (MADR) announced on Friday, in a press release. According to MADR 20 products identified at events held over March-August, are in the attention of the ...

Arad: Transactions with farming land doubled against 2016

Tuesday, August 22, 2017

The number of transactions with farming land doubled in the past year in Arad county, where over 18,000 cintracted  were signed, many acquisitions being made by foreigners who now control about 20% of the county’s tillable area. Land in the field area of the county was sold with 12,000 euros/ha, while the average price is 7,000 euros, 15% more than in 2016. Representatives of Arad Farming department told News.ro that since the appearance of ...

Cereals and  cereal products ensured 40.5% of the calories to the household members last year

Tuesday, August 22, 2017

Cereals and cereal products ensured to the households 40.5% of the number of calories last  year dropping by 0.4 percentage points against 2015, a publication of the INS shows. ‘This percentage is high in housholds with self-employed workers in non-agricultural domains, farmers and unemployed, varying between 43% in unemployed families and 39.9% in employed families. In the same category  of food, on average for the whole of the ...

Romania’s corn production could fall by 4 pc this year due to heat

Tuesday, August 22, 2017

Romania’s corn production is expected to fall by 4 percent this year due to the warmer-than-normal air temperatures which dominated the country this mid-July in west and southwest , UkrAgroConsult’s “Black Sea Grain & Oil” report shows quoted by romaniajournal.ro. This could happen even if the cultivated area was higher compared to last year. The estimated production and average productivity will be ...

Trade: GfK: The durable goods market in Romania grew by 10.5 pc in H1

Tuesday, August 22, 2017

Sales of durable goods in Romania grew by 10.5 percent in the first half of this year over the same period in 2016 to EUR 1.177 billion, according to GfK Temax study, which also shows that the telecom and the small household appliances sector recorded the highest increases of 19.1 percent over the same period in 2016., romaniajournal.ro informs. In the durable goods category are products such as vacuum cleaners, refrigerators, washing machines, TVs, ...

Romania imported 42,600 tons of poultry in the first four months of 2017

Tuesday, August 22, 2017

 Romania imported 42,600 tons of poultry in the first four months of this year, up 6 pct as compared to the similar period in 2016, while exports were 2.4 times lower in the same period, of only 17,600 tons respectively, according to the trade balance in agrifood ...

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