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Economic
Real Estate: Prologis Announces Definitive Agreement on Prologis Park Bucharest A1
Tuesday, September 15, 2015
Prologis, Inc., the global leader in industrial real estate, announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania, the statement sent by the company informs. The binding agreement is subject to customary closing conditions. Developed in 2007 and 2008, the park’s four buildings comprise 107,770 square metres ...
Tourism : Health Spa Resorts needs up to 1 billion euros to be refurbished
Tuesday, September 15, 2015
Romania's health resorts require investment that could reach up to 1 billion euros if all their structures - casinos of historical significance, villas, boardwalks and museums of certain significance - were to be refurbished, Chairman of the Organisation of Romanian Health Spa Resort Employers (OPTBR) Nicu Radulescu said ...
Trade: Romanian exports in chemical products and connected products worth 1.14 billion euro,, in the first five months of 2015
Tuesday, September 15, 2015
Romania has exported, in the first five months of 2015, chemical products and connected products worth 1.14 billion euro, 30 million euro over the level recorded in the similar ...
Agriculture: Romsilva will capitalize 3,500 tons of forest fruit in 2015
Tuesday, September 8, 2015
Romsilva, the National Forest Company will capitalize about 3,500 tons of forest fruit in 2015 by means of its subordinated forest departments, 30-40% less than last year, because of extreme weather conditions - heavy rainfalls and grail in the month of June in Alba -Valea Ariesului, Cluj, Sibiu and Hunedoara -Retezat. The gathering of forest fruit began in July at the level of forest departments. 800 tons were bought, of which 290 tons of blueberries, ...
The price of honey will not grow in Romania
Tuesday, September 8, 2015
The price of honey will not grow in Romania, because the demand was not that high, although the output will be by 30-35pct below the annual average of 22,000 - 24,000 tonnes because of the drought and of the depopulation of bee colonies, Beekeepers Association of Romania (ACA) President Ioan Fetea said in the opening of the National Honey ...
20% lower fruit and veg production due to drought
Tuesday, September 8, 2015
The lower fruit and vegetable production in Romania is already taking a toll on food prices; this autumn, we could see increases of up to 30%, according to the producers. "The fruit and vegetable sector has registered losses in production volumes of between 25 and 30% compared to last year; some of the most affected crops are potatoes, tomatoes and cucumbers," stated Aurel Tanase, General Director of Romania's National Inter-Professional Organization ...
Drought is starting to leave marks on the animal sector
Tuesday, September 8, 2015
The drought that has been affecting Romania for several months is starting to leave marks on the animal sector, an open letter by representatives of the National Union of Breeders of Sheep and Goats warns.The union, an affiliate of Agrostar (the National Federation of Unions for Agriculture, Food, Tobacco and Related Services), claims that milk production has already dropped by 50 percent and that breeders are suffering huge losses, while no visible measures are being taken ...
Cars: Dacia has produced until July half million Energy TCe 90 engines
Tuesday, September 8, 2015
Dacia Mechanical and Chassis plant has produced until July 2015 500,000 Energy TCe 90 engines, announced the company. Currently, the Energy TCe 90 engines produced at the Mioveni Dacia plant are equipped on Dacia models (Logan, Logan MCV, Sandero and Sandero Stepway), but also on Renault cars (Clio IV, Twingo). Approximately 80 percent of production was delivered to export. This engine model is also manufactured in the Renault plant in Valladolid, ...
Telecom.IT : Telekom Romania reaches 1 mln Facebook followers
Tuesday, September 8, 2015
Telekom Romania reached 1 million fans on Facebook, that is 230,000 higher since the rebranded pages of Romtelecom and Cosmote Romania were combined into a singe page one a year ago. Telekom Romania's number of Facebook fans is the second highest in the ICT category, according to social networking monitoring service Facebrands.ro. The Telekom Romania official page, www.facebook.com/telekom.romania, was launched on 12 September 2014 concomitant with the rebranding of ...
Trade: The Romanians spent online over one million euro for books, clothes and plane tickets in the summer of 2015
Tuesday, September 8, 2015
The Romanians spent over one million euro between 15 June – 15 August 2015, for products from the category of books and educational materials, fashion and tourism, according to an analysis, made by a company of marketing performance. The average value of the purchase basket for the categories the most popular as sales online in the summer of this year was approximately 100 lei for books and educational materials, 140 lei for fashion and 900 lei ...
Beverage and tobacco exports over the first five months of 2015 amounted to 394.1 million euros
Tuesday, September 8, 2015
Romania's beverage and tobacco exports over the first five months of 2015 amounted to 394.1 million euros, by 108.1 million more than in the similar period in 2014, shows data released by the National Institute of Statistics. Beverage and tobacco imports amounted to 198.2 million euros, by 30.2 million higher compared to the period January - May 2013, which results ...
Huawei Romania smartphone sales up 48% in H1
Tuesday, September 8, 2015
Huawei Romania's sales of smartphones increased by 48 percent year-on-year in the first half to 130,000 units, a growth that is almost twice than compared to the one of the local market which rose by 28 percent over the same period, writes local paper Ziarul Financiar citing country manager of Huawei Devices Romania, Sorina Macarescu. In 2014 alone, the company sold 200,00 units. In spite of the increase in sales, the average selling price for handsets is declining, Huawei ...
Tourism: Over 50% of the Romanians book their holiday online; 42% say that they have one yearly holiday
Tuesday, September 8, 2015
Over 50% of the Romanians book their holiday online, and approximately 72% say that they trust the sites for online booking, according to a study made by a platform for hotel booking. The majority of the Romanians get informed and book their summer holidays online and 44% of them access between 2 and 5 such sites to read the reviews of the places where they want to spend their holiday, according to a survey made by the platform ...
THE TOURISTS’ OVERNIGHT STAYS IN THE ESTABLISHMENTS OF TOURISTS’ RECEPTION INCREASED BY 20.8%
Tuesday, September 8, 2015
• In July 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 24.8 %and by 20.8 %, respectively. ...
Infrastructure: CNADNR signs contract for feasibility study of Campina beltway
Tuesday, September 8, 2015
CNADNR signed with Luca Way company a contract for the elaboration of a feasibility study for the beltway around the the town of Campina, worth 239,100 lei with financing from the state budget. The service contract was signed on Tuesday and will be completed in 5 months, CNADNR announced on Wednesday. The beltway is the first sector from the future national road connecting DN1 (Campina) to DN1A (Sacele). The estimated length is ...
International airport 'Avram Iancu' of Cluj-Napoca, awarded by ACI World
Tuesday, September 8, 2015
The international airport 'Avram Iancu' of Cluj-Napoca was awarded by the Airports Council International (ACI World) for its contribution to airport security under the APEX programme. An airport's release on Tuesday attributes the performance to "the exceptional contribution to the international community of airports by providing expertise ...
Agriculture: The National Fair of Honey, between 4-6 September on the Baneasca bee platform
Tuesday, September 1, 2015
Over 100 beekeepers will bring to the Bucharest inhabitants honey and bee produce from all the parts of the country, at the autumn edition of the National Fair of Honey, event produced by the Association of Beekeepers of Romania(ACA) on the bee platform of Baneasa, between 4-6 September 2015.The National Fair of Honey has become a tradition event, dedicated to consumers of bee produce in Bucharest. The exibits presented at the 13th edition of the fair ...
Trade balance deficit in agricultural products , dropped by 19 percent in the first five months of 2015
Tuesday, September 1, 2015
The trade balance deficit in agricultural products has dropped by approximately 19 percent in the first five months of 2015, as compared to the similar period of 2014, to 148.1 million euros, as exports have grown by over 16pct, according to data released by the Agriculture and Rural Development Ministry ...
Romania’s winter crops robust, sunflower and maize at risk on prolonged drought
Tuesday, September 1, 2015
The winter crops in Romania, nearly completely harvested already, were left untouched by the recent drought, in fact they were slightly better than last year, while the sunflower and maize crops, and the rape crop to a lesser extent, have been severely damaged, Romania’s minister of agriculture Daniel Constantin said. This first estimate of the year's crops is slightly more optimistic than the projections issued by the producers so far. Earlier ...
Tourism: The majority of the Romanians prefer holidays for relaxation
Tuesday, September 1, 2015
The Romanian tourists are no longer interested in all-inclusive packages for luxurious and closed destinations, the majority (31%) as they preferred the relaxation vacations, followed by the ones with benefits for health (17%) and sunny holidays (12%) a study made by PayPal and GFK recently shows. The Romanians prefer mainly to stay in a hotel (40%) but rented apartments (23%) and friends’ flats (12%) are as well in the ...