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151 hybrid and electric cars were sold in Romania January through May 2015
Tuesday, June 23, 2015
As many as 151 hybrid and electric cars were sold in Romania January through May this year, up 55.67 per cent from the same period last year, representing the equivalent of 0.4 per cent of the total number of such units sold in the same period, showed a statistics of the Romanian Car Makers and Importers Association ...
Ford's 1-litre EcoBoost made in Craiova, engine of year for 4th consecutive time
Tuesday, June 23, 2015
For the fourth consecutive year, the 1-litre EcoBoost engine made by Ford in Craiova has been named the best 1-litre engine of 2015, Ford informed on Wednesday in a press release. A jury made up of 87 motoring journalists from 35 countries decided to grant the 1-litre EcoBoost engine the title of the best engine in its class for handling, performance, consumption, refinement and technology. Last year, EcoBoost was the first engine to have ever won the ...
Agriculture: Romania is loosing 400 million euros from European funds under the 2007-2013 PNDR
Tuesday, June 23, 2015
Romania failed to get an extension of the reimbursement deadline for projects under the 2007-2013 National Rural Development Programme (PNDR). As a result, European funds of approximately 400 million euros will be ...
Vegetable resources advanced nearly 9 percent in 2013/2014
Tuesday, June 23, 2015
Romania's total vegetable resources advanced nearly 9 percent in 2013/2014 to 4.4 million tonnes, but were 4.5 percent down from 2011/2012, according to a report of the National Institute of Statistics (INS) released on ...
Trade: Romanian e-commerce start-ups is continuously going up
Tuesday, June 23, 2015
The number of Romanian e-commerce start-ups is continuously going up and niche markets are increasingly more attractive, with fashion field having been in 2014 the area with the most launches in the customer portfolio, reveals an analysis issued on ...
Telecom.IT : Gionee Elife E8 Launches Earlier as the Allview X2 Xtreme in Romania
Tuesday, June 16, 2015
A new high-end Android smartphone called the Elife E8 has already been unveiled as the Allview X2 Xtreme in Romania. Allview is a local company that introduces Chinese hardware products in the country, and apparently, it leaped ahead of the mother brand this time and introduced the phone a little ahead of ...
Software and IT services companies post EUR 2.42 bln revenues in 2014
Tuesday, June 16, 2015
Romania’s software and IT services industry registered last year EUR 2.42 billion in revenues, up 13 percent compared to the previous year, according to the findings of the “Software and IT Services in Romania”, report released on Wednesday by the ANIS Employers’ Association of the Software and Services Industry. On the other hand, based on the answers of the respondents, industry specialists are ...
Agriculture : Romania exported 81% more wheat in 2013-2014
Tuesday, June 16, 2015
In 2013/2014 Romania exported over 5.059 million tonnes of wheat, on the rise by 81% compared to the previous year 2012/2013, when exports amounted to 2.787 million tonnes. It was the highest level of the last 5 years, according to a report made by the National Statistics Institute (INS). Overall wheat resources in 2013/2014 were 8.196 million tonnes, of which the usable yield totalled 7.296 million tonnes and imports represented 900,400 tonnes, the ...
Hong Kong signs MOU with Romania on co-operation in wine-related businesses
Tuesday, June 16, 2015
The signing of a Memorandum of Understanding (MOU) on Co-operation in Wine-related Businesses between Hong Kong and Romania will expand the network of economies with which Hong Kong has signed similar deals, the Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism), Mr Philip Yung, said today (June 11).Mr Yung signed the MOU on behalf of the Hong Kong Special Administrative Region Government today with the visiting Romanian ...
Infrastructure : EC allocates 83 million euros to expansion of underground line 4, Parc Bazilescu - Straulesti
Tuesday, June 16, 2015
The European Commission approved on Thursday a financial contribution of 83 million euros from the Cohesion Fund for the major project “Expansion of Underground line 4, Parc Bazilescu - Straulesti”, which is part of the Operational Programme for Transport. The project will expand the present line 4 of Bucharest Underground by a new segment of 1.89 km and the construction of two new underground stations along this new segment, which will ...
Freight traffic through Romanian maritime ports up 20 pct January through May
Tuesday, June 16, 2015
The total freight traffic registered from January to May through Romania's maritime ports - Constanta, Midia and Mangalia - advanced 20 percent year-on-year to more than 23 million tonnes. Valeriu Nicolae Ionescu, general manager of the Maritime Ports Administration National Company of Constanta informed in a release that the maritime traffic amounted to ...
Cars: 7.7% More new Dacia cars in Great Britain
Tuesday, June 16, 2015
The number of new Dacia cars registered in Great Britain in the first 5 months of the year grew by 7.7% to 11,895 units, according to data published by the British Association of car manufacturers and dealers. The Dacia share in the British market grew to 1.06% in the first 5 months, from 1.02% at the end of April and 1.04% a year ago. Dacia sales dropped by 9.86% in May to 2,046 cars and a market share of ...
Statistics: Nearly 8,800 new vehicles were registered in Romania in May
Tuesday, June 16, 2015
Nearly 8,800 new vehicles were registered in Romania in May; the figure is up 4.21 percent year-on-year, according to the Driving Licenses and Vehicle Registration Directorate (DRPCIV) of the Interior ...
Turnover of traders in motor vehicles and motorcycles advanced 6.1 per cent in the first four months of 2015
Tuesday, June 16, 2015
The business turnover of traders in motor vehicles and motorcycles advanced 6.1 per cent in the first four months of 2015, mainly because of positive developments in the sales of motor vehicles, maintenance and repair services, according to data released on Friday by the National Statistics Institute (INS). According to the same data, trade in motor vehicles, ...
Real estate: Study: Apartments in old Bucharest buildings become more expensive while those in new buildings are cheaper
Tuesday, June 16, 2015
The average listing value for Bucharest apartments available for sale in May was of 1,056 euros/square meter, 2.3% more than in May 2014 (when it was 1,081 euros/sq.m), according to a study made by a specialised website. Prices went up by 0.2% compared to April 2015 At national level, the average price of apartments for sale is 928 euros/sq.m, 0.2% less than in April (930 euros/sq.m) and 0.8% more than ...
Trade: Young Romanians spend most on clothes and accessories in Eastern EU (study)
Tuesday, June 16, 2015
Young Romanians, aged between 14 and 25, spend on the average 33 euros/ month of clothes and accessories, a lot over the average of the other Eastern and Central European countries. When asked about the origin of the money 76% have the lowest answer rate in the category “part or full time jobs”, according to an Erste Group study presented at a conference on Tuesday by Dana Demetrian, BCR Retail and Private Banking vice-president. According ...
Trade : Statistics: retail turnover increased in the first four months of this year
Tuesday, June 9, 2015
The retail turnover (except for trade in motor vehicles and motorcycles) increased in the first four months of this year, both as raw and as workday and seasonally adjusted series by 4.3 percent and 4.4 percent, respectively, from the period January 1 - April 30, 2014, shows data released on Thursday by the National Statistics Institute ...
Romania lacks marketing and sales specialists, says Hootsuite product manager
Tuesday, June 9, 2015
“We haven’t brought much value to the Romanian economy; not because we didn’t want to, but because we couldn’t,” said on Thursday Vladimir Oane, Product Manager with Hootsuite Media Inc. at the SMEs HOW TO 2015 event organized by Business Review. He explained that the uberVU team couldn’t find marketing and sales people or people able to close deals with ...
Infrastructure : Japanese Ambassador to Romania: We hope that Romania's infrastructure improves to increase investments
Tuesday, June 9, 2015
With roughly 150 Japanese companies doing business in Romania, Nippon investments in Romania could increase, provided that the local infrastructure were better, Japanese Ambassador to Romania Keiji Yamamoto said on ...
Romania will reduce its railway network
Tuesday, June 9, 2015
Romania will reduce its railway network only after making every effort to make it profitable, as the European Union trend favours this type of transportation, minister Ioan Rus declared on Thursday after meeting European European Commissioner for Mobility and Transport Violeta Bulc in ...