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Agriculture : Conference on Romania's opportunities for successful agricultural businesses
Tuesday, November 24, 2015
Cadastre, mutual fund, irrigation and banking products tailored to farmers are Romania's opportunities for successful agricultural businesses, Veronica Toncea, Director General of the Rural Credit Guarantee Fund, told a Tuesday's specialist ...
Deficit of 44.1 million euros in agri-food trade in the first eight months of 2015
Tuesday, November 24, 2015
Romania recorded a deficit of 44.1 million euros in agri-food trade in the first eight months of this year, down from the value reported after the first seven months (69.4 million euros), although in the same period of 2014 there was a surplus of 140.6 million euros, according to the data centralized by the Ministry of Agriculture ...
Romania keeps its status of wine-consuming and bottled wine-producing country
Tuesday, November 24, 2015
Romania is keeping its status of wine-consuming and bottled wine-producing country, standing somewhere at no. 10 in the world's relevant rankings, Catalin Paduraru, Wine Ambassador ADAR (Association of Authorized Tasters in Romania), at Friday's opening of the wine trade fair Goodwine. Over 70 Romanian and foreign wine producers and importers are showcasing their products, November 20 to 22, at the Goodwine trade fair in Bucharest. "After ...
Infrastructure : "EU Transport Scoreboard": Romania ranks last place in EU
Tuesday, November 24, 2015
The European Commission published on Friday the second edition of the "EU Transport Scoreboard" comparing the results recorded by the member states in 29 categories of transport, with Romania ranking last place in the European Union ...
Romania exported 1,965 freight train wagons in 2014
Tuesday, November 24, 2015
Romania exported last year 1,965 freight train wagons worth over 117.3 million euros, by 47.4pct more than in 2013, reads a publication of the National Institute of Statistics (INS).Most such products were ...
Health: Government approved funds for reducing TB in Romania
Tuesday, November 17, 2015
The government approved the payment of three million lei for VAT representing goods and services purchased for the reduction of tuberculosis in Romania, implemented in collaboration with Romanian Angel Appeal Foundation, a government press release shows. “The money is needed to carry out the program until March 31, 2018 and will be paid annually: 987,000 lei for 2015, 1,633 million lei for 2016, 414,000 lei for 2017 and 15,000 lei for 2018.” the government ...
Agriculture: The corn production of Romania will be diminished this year by 35-40% due to the drought
Tuesday, November 17, 2015
The corn production of Romania will be diminished this year by 35-40% due to the drought up to approximately 7 million tons, from over 11 million tons last year, as until 10 November 2015 the harvested surface is over 98% and the total quantity is only 6,97 million tons, according to the data centralised by the ministry of agriculture. The harvesting of the crops planted in spring is still underway, the ministry of agriculture specialists estimating that they will be ...
AgriMin: 1 billion euro for the recovery of Romania's irrigation infrastructure
Tuesday, November 17, 2015
Cutting the Value-Added Tax (VAT) for food and approving 1 billion euro for the recovery of Romania's irrigation infrastructure are two main priorities achieved during my three-and-a-half-year term in office, Agriculture Minister Daniel Constantin told journalists on Friday at a news conference taking stock of his results in ...
Tourism: Study: Romanians travel by plane twice a year on the average
Tuesday, November 17, 2015
Romanians travel by plane twice a year, as do the Hungarians and Turks, according to a study made an online travel agency released on Thursday. The average budget allocated by Romanians starts from 300 euros/person, while the Hungarians pay from 350 euros/person for a return ticket while the average cost is 500 euros/person for Turkish tourists. The Romanians and Turks prefer similar destinations, according to Paravion.ro study. They choose locations ...
Romanians, more interested in buying early booking packages at Romanian Tourism Fair
Tuesday, November 17, 2015
Romanians are increasingly more interested in buying early booking holiday packages at the Romanian Tourism Fair (TTR), with the focus switched to the autumn edition, Chairman of the National Association of Travel Agencies (ANAT) Aurelian Marin said at the TTR opening."The tourism industry must be further supported. We have expectations from the new minister who will be in charge ...
Cars: White cars preferred by Romanians in first 9 months of 2015
Tuesday, November 17, 2015
Over a third of new cars sold in Romania in the first nine months of the year were white and about a quarter were grey, according to the Association of Automobile Producers and Importers (APIA). According to the source, most new cars sold were white (35.4%), followed by grey cars (22.2%) and blue (17.1%). According to the classification made related to the country of origin of automobiles 33.2% were made in Romania, 17.9% are imported from Germany, ...
THE TRADE WITH MOTOR VEHICLES INCREASED BY 8.6% IN THE PERIOD 1.I?30.IX.2015
Tuesday, November 17, 2015
Compared to the previous month, in September 2015, the turnover of the trade with motor vehicles and motorcycles increased both as gross series by 9.5% and as adjusted series according to the number of working days and to seasonality by 4.7%. The turnover for the market services provided to the population decreased, compared to the previous month, both as gross ...
THE WHOLESALE TURNOVER INCREASED BY 2.9% IN THE 1.I?30.IX.2015 PERIOD
Tuesday, November 17, 2015
As against the previous month, in September 2015 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, increased both as gross series (by 7.6%) and as adjusted series according to the number of working days and to seasonality by ...
Telecom.IT : 595 operational telecentres nationwide in 2014
Tuesday, November 17, 2015
Romania had in 2014 a number of 595 operational telecentres nationwide, out of a total of 633 awarded through auctions in the period 2004 to 2008, with most of them installed in Valcea County and the fewest in the counties of Bacau and Sibiu, read the conclusions of Romania's Court of Audits, published in the Performance Audit Report on the "Universal Service in Electronic ...
Real Estate: Analysis: Apartment prices grow in centre-northern Bucharest
Tuesday, November 17, 2015
Prices of apartments in Bucharest slightly grew in the centre-northern area by 1%, while in the other parts of the Capital they maintained the same level, according to an analysis made by homefinders.ro. Owners of apartments in the centre and northern parts of Bucharest requested an average price of 68,000 euros in October. On the other hand, average prices requested for apartments in the eastern, southern and western areas were around 51,479 euros, 21 euros less than in ...
Romania expects a 25 per cent increase in demand of office spaces in 2016
Tuesday, November 17, 2015
The new tax system for homes used as firms, whether they are apartments or villas, applicable starting next year, could result in an increase of approximately 25 percent in the demand for spaces in office buildings, according to a study real estate company Regatta, reports Business Review Romania.Romania's new taxes on homes, which will come into force in 2016, will not take into account whether the owner is an individual or legal entity, but the use of the ...
Infrastructure: Infrastructure network development is the foundation for local economy growth
Tuesday, November 17, 2015
With one of the poorest infrastructures in Central and Eastern Europe, Romania needs to strategically invest significantly in this field in order to better social living standards, increase business opportunities and achieve parity with its EU neighbours, http://business-review.eu/ reports. At present, the infrastructure quality in Romania is relatively inadequate, ...
Agriculture : Cow's milk imports advanced 10.9 percent in the first nine months of 2015
Tuesday, November 10, 2015
Romania's processing facilities collected 705,807 tonnes of cow's milk - down 69.687 tonnes (9 percent) - in the first nine months of 2015, from farm holdings and special centres, while its imports of raw milk advanced 6,316 tonnes (+10.9 percent), to 64,181 tonnes, according to data with the National Institute of Statistics (INS) released on ...
Trade: No significant rise in the foodstuff prices after the cut of VAT
Tuesday, November 10, 2015
The monthly analysis of the data made available by the major retailers does not point to a significant rise in the foodstuff prices after the authorities announced measures to cut the value-added tax (VAT), shows an annual report of the Competition Council on key sectors.The price of the 36-foods basket failed to record significant fluctuations, as it went up 0.24 percent on average in this April from March, the document says. Once the slashed VAT ...
Over EUR 125 M invested by foreign retailers in their subsidiaries in Romania in nine months
Tuesday, November 10, 2015
Foreign retail players have made capital infusions into their local networks amounting to EUR 126.4 million in the first 9 months of this year, up by 15 percent compared to the same period in 2014 when amounted to EUR 110.06 million, according to the data released by the National Trade Register Office (ONRC) quoted by romaniajournal.ro. The highest capital contributions were made by the shareholders of French retailer Auchan, injecting EUR 30.69 ...