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Economic
September 2015 compared with August 2015 : Volume of retail trade down by 0.1% in euro area; Up by 0.3% in EU28
Tuesday, November 10, 2015
In September 2015 compared with August 2015, the seasonally adjusted volume of retail trade decreased by 0.1% in the euro area (EA19) and rose by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In August retail trade remained stable in both zones. In September 2015 compared with September 2014 the retail sales index increased by 2.9% in the euro area and by 3.7% in the EU28. Monthly ...
Healthcare: Dr Reddy's to market Biocodex products in Romania
Tuesday, November 10, 2015
Drug major Dr Reddy's Laboratories today said it has signed a pact with Biocodex to market the French-based firm's products in Romania, economictimes.indiatimes.com reports. The company has entered into a strategic alliance with ...
Cars: The new registrations of buses and minibuses increased by 75.5% yoy
Tuesday, November 10, 2015
In the period 1.I ? 30.IX 2015, the new registrations of road vehicles for passenger transport increased by 12.1 % compared to the period 1.I ? 30.IX 2014. The new registrations of vehicles ...
Tourism : THE TOURISTS’ OVERNIGHT STAYS IN THE ESTABLISHMENTS OF TOURISTS’ RECEPTION INCREASED BY 16.9%
Tuesday, November 10, 2015
In September 2015, compared to the corresponding month of the previous year, both the arrivals and the overnight stays in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 18.5 % and by 16.9 %, respectively. Compared to September 2014, in September 2015, customs registered an increase of 6.7 % in the arrivals of foreign visitors and a decrease of 12.9 % in the ...
Real estate: Study: Property market 10 pct above lowest point since global crisis
Tuesday, November 10, 2015
According to a study by Imobiliare.ro, the Romanian property market is steadily growing, a fact reflected both by prices and request, business-review.eu reports. At the end of October, the average asking price for apartments on sale countrywide (new and old) was EUR 980 ...
Agriculture: Romania is the 13th in top of biggest wine producers
Tuesday, November 3, 2015
Romania’s wine production grew by 9% in 2015 to 4.069 million hl, from 3.750 million hl in 2014, and ranked 13th in the top of the biggest world wine producers, according to preliminary data published on Wednesday by the International Organization of vine and wine (OIV). At present, Romania is in top 5 in Europe in point of area cultivated with vine - 200,000 ha, and 6th in EU in point of production, said Cornel Dinu, a director in the Ministry of ...
Trade balance deficit with foodstuff grew by 26% in first 7 months
Tuesday, November 3, 2015
Romania exported foodstuff of over 3.06 billion euros in the first 7 months of 2015, on the rise by 14.1% against the same period of 2014, while imports recorded an advance of 14.4% to 3.13 billion euros, according to data of the Ministry of Agriculture and Rural Development( MADR) . In these conditions, in the first 7 months of 2015, the deficit of the balance of trade with foodstuff was 69.4 million euros, growing by 14.3 million euros (+26%) against ...
Areas cultivated organically have increased by 37pct since 2010
Tuesday, November 3, 2015
The areas cultivated organically have increased by 37pct since 2010, but their share is still low, at 2.1pct, when compared to the total agricultural areas, Minister of Agriculture and Rural Development Daniel Constantin told a Thursday's specialist conference. "This sector is in its early stages of development. Only 2.1pct of Romania's agricultural area is the organic agricultural system. Of course, the figure of 290,000 hectares is impressive and it is ...
Egypt’s GASC imports 60,000 tonnes of Romanian wheat
Tuesday, November 3, 2015
Egypt, one of the world’s biggest importers of wheat, bought through the General Authority for Supply Commodities (GASC), 60,000 tonnes of Romanian wheat from Ameropa, in a tender for December 1-10 shipment, thecairopost.com informs, quoted by romaniajournal.ro. Egypt’s state grain buyer took also 60,000 tonnes of Polish wheat from ADM, 60,000 tonnes of French wheat from Soufflet and another 60,000 tonnes of French wheat from Bunge, GASC ...
Europe meets in Bucharest to boost organic farming in Romania
Tuesday, November 3, 2015
IFOAM-EU, the organization promoting organic agriculture in the European Union and Bio Romania organized for the first time togehter the „Central and Eastern European Organic Forum”, a Press Release on the occasion of The International Central & Eastern European Organic Forum, Bucharest 29-30.10.2015, informs. Since 2009,”Romanian Organic Forum” was concealed as a platform of debate for promoting organic farming both in ...
Iohannis: Romania has a huge agricultural potential; agriculture should be an area of achievements
Tuesday, November 3, 2015
President Klaus Iohannis on Wednesday said Romania has a huge agricultural potential, warning that Romania is importing a considerable amount of agricultural produce and food.He underscored that agriculture is Romania's area where it can gain in the long term if properly capitalised on. "We have a huge agricultural potential, but we import a considerable amount of agricultural produce and food," Iohannis told the opening of the Indagra agricultural trade fair in ...
Romanian agriculture has risen exponentially in recent years, Agriculture Minister Daniel Constantin says
Tuesday, November 3, 2015
The value of the Romanian agriculture has risen exponentially in recent years, from 417 billion lei in 2007 to over 669 billion lei in late 2014, Agriculture Minister Daniel Constantin said on Wednesday at the opening of the farming trade fair Indagra 2015. "2015 has been a difficult year for agriculture and despite the fact that we still have a lot to do, I can say that agriculture, generally, has seen extraordinary progress. Since 2007, the year of the EU ...
France's ambassador to Romania: Romania's agriculture has "a great potential"
Tuesday, November 3, 2015
France's ambassador to Romania Francois Saint-Paul stated on Wednesday at the opening of the French pavilion at the Indagra Fair that he trusts in Romania's agriculture, which has "a great potential," especially regarding organic crops. The opening event of the French pavilion was attended by Romanian Agriculture Minister Daniel Constantin. According to the ambassador, Indagra is a "big Romanian fair which has become a tradition." At ...
Tourism: Transylvania, on top of Lonely Planet travel guide
Tuesday, November 3, 2015
The Lonely Planet travel guide to be launched on Thursday places Transylvania on top of the recommended tourist destinations for 2016. It is the ...
Romanian tourism market will register a 10-12pct growth in 2016
Tuesday, November 3, 2015
The Romanian tourism market will register a 10-12pct growth in 2016, after in previous years it registered growth rates of 5-10pct including in hospitality, industry representatives stated on Tuesday at the eTravel ...
Romania, a growing market with 7-8pct growth on the hospitality market
Tuesday, November 3, 2015
The Romanian tourism market will register a 10-12pct growth in 2016, after in previous years it registered growth rates of 5-10pct including in hospitality, industry representatives stated on Tuesday at the eTravel ...
Cars: CEO of Dacia Renault: Romania has not a domestic market for new motor vehicles
Tuesday, November 3, 2015
Romania has not a domestic market for new motor vehicles, which represents a significant weakness, Nicolas Maure, the CEO of Dacia Renault, told the Foreign Investors Forum on ...
Ford Romania's Managing Director : Romania continues to receive the used cars
Tuesday, November 3, 2015
Romania continues to receive the used cars that the developed countries no longer use, which I find unfair, Ford Romania's Managing Director Valerio Brenciaglia, told the Foreign Investors Forum on ...
Infrastructure: Number of passengers grows by 11% on two Bucharest airports
Tuesday, November 3, 2015
The two Bucharest airports, Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa) registered an air traffic of 7.037 million passengers in the first 9 months of the year, on the rise by 11% compared to 2014. 7.033 million passengers were registered on Henri Coanda airport. CNAB, the Bucharest Airport National Company which administers the two airports, estimates that there will be more than 9 million passengers this ...
Henri Coanda International Airport receives ACI certificate for low carbon emission
Tuesday, November 3, 2015
Bucharest Airports National Company (CNAB) receives level 2 ACI certificate (Airport Carbon Accreditation) for Henri Coanda International Airport Bucharest (AIHCB) for low carbon emissions, a company press release shows. “The certificate proves that CNAB cares for environment protection”the press release mentions. The company says that carbon emissions were reduced during a substantial traffic and passenger increase on AIHCB. According to ...