Economic
Nearly 900 million euros earmarked for farming investments over next seven years
Tuesday, February 10, 2015
Nearly 900 million euros of European and national funds are available to Romanian farmers for investments over the next seven years. Integrated projects will have priority in the new National Programme for Rural Development (PNDR) 2014-2020; the Rural Investments Financing Agency (AFIR) will select the winners based on quality criteria, issuing monthly or quarterly ...
Trade: Retail trade - up 7% in 2014
Tuesday, February 10, 2015
The turnover of retail trade increased by 7% in 2014 compared to the previous year in unadjusted terms, in the context of the advance recorded by the sales of non-food products by 10.6%, the sales of food products, beverages and tobacco by 7.5%, and the retail trade in motor vehicle fuels in specialized stores by ...
Telecom. IT : Romania prepares to go digital in 2015
Tuesday, February 10, 2015
This year, Romania will switch off the analog signal and make the transition to digital terrestrial television. A few other important events are also expected on the local telecom market as it goes through a process of consolidation. The first announcement on the market came at the beginning of the year when the Romanian telecom watchdog revealed that five ...
Infrastructure : Henri Coanda Bucharest International Airport, no. 4 in the top of highest increase in air traffic in 2014
Tuesday, February 10, 2015
Henri Coanda Bucharest International Airport has been ranked at no. 4 by Airports Council International-Europe in the European rankings of airports that recorded the highest increase in air traffic in 2014, within the category of airports that saw between 5 and 10 million ...
CNADNR will pay 14.689 million lei for building the overpass over Oradea's beltway
Tuesday, February 10, 2015
The National Company of Motorways and National Roads (CNADNR) will pay 14.689 million lei, VAT excluded, to the Freyrom - Procons Group consortium, for building the overpass over Oradea's beltway, according to a contract-awarding announcement posted on the Electronic Public Acquisitions System ...
Real estate: Price of old flats stood, in H2 2014, at 678 euros per sqm
Tuesday, February 10, 2015
The nationwide average trading price of old flats stood, in H2 2014, at 678 euros per sqm, down by 0.3% from the last six months and by 0.9% over the previous 12 months, according to a real estate analysis.At the level of the development poles (Bucharest, Cluj-Napoca, Timisoara, Iasi, Constanta, Craiova, Galati, Brasov, Ploiesti, Oradea, ...
Cars: New registrations of passenger vehicles rose by 3.7% in 2014
Tuesday, February 10, 2015
The new registrations of passenger vehicles rose by 3.7% in 2014 compared to the previous year, and the new registrations of goods transport vehicles went up by 6.9% in the said period, the National Statistics Institute (INS) informs. Thus, last year saw 298,924 new registrations of passenger vehicles and 83,604 ones of goods ...
Healthcare: Iohannis about the underfinancing and the faulty organization of the healthcare system
Tuesday, February 10, 2015
President Klaus Iohannis stated in a message transmitted on the occasion of the World Cancer Day that underfinancing and the faulty organization of the healthcare system or even indifference contributes to the large number of people affected by incurable diseases. "Many of our peers are affected by the rise in numbers of incurable ...
Tourism : Romania, attractive destination for the tourists from the Y generation
Tuesday, February 10, 2015
Romania can be an attractive destination for the tourists from the Y generation [the people born between 1981 and 2000] seeking authentic experiences in the heart of some traditional communities, according to the survey 'Global Hospitality Insights: Top Thoughts for 2015,' released by EY ...
Trade: 2014 – Cigarette smuggling beats the record of the last four years
Tuesday, February 3, 2015
The cigarette black market has registered in 2014 an average level of 15.9%, on the rise compared to the annual average recorded in 2013 of 13.7%, according to the data provided by the Novel Research Company. The percentage of 15.9% represents the highest annual average level since 2011. "In 2014, the annual average of the illicit cigarette trade has grown in all country regions, compared to 2013, except for the North-West (minus 3.1 p.p. down to ...
Romanian Competition Council fines 4 retail chains
Tuesday, February 3, 2015
A few days ago, the Competition Council of Romania fined four retail chains and over 20 of their suppliers nearly 35 million euros. According to a news release, in 2005-2009, the retailers Metro, Real, Selgros (owned by the German group REWE) and Mega Image colluded to set retail prices and conduct during sales campaigns, which led to higher consumer prices. The Competition Council has also managed, for the first time, to ...
Real Estate: Romania Residential Building Permits Rise In December
Tuesday, February 3, 2015
Permits issued for residential buildings in Romania increased in December from a year ago, figures from the National Institute of Statistics showed last Wednesday. The number of dwelling building permits surged 5.1 percent year-on-year in December.On a monthly basis, approved residential building permits fell 1.2 percent to 2,682 in December from 2,715 in November. In the whole year 2014, the number of issued residential ...
Healthcare:Network of companies prejudiced state with 3 million euros by trading medicines
Tuesday, February 3, 2015
A network of firms coordinated by Romanian citizens which sold pharmaceutical products, prejudiced the state with over 13 million lei (3 million euros) by not paying VAT and taxes on profit, ANAF [National Tax Administration Agency] ...
Fundeni Institute makes first haplo transplantation
Tuesday, February 3, 2015
The Fundeni Clinical Institute made the first haplo transplantation in Romania with bone marrow between persons 50% compatible, health minister Nicolae Banicioiu said. Banicioiu and the president of the National Health Insurance House, Vasile Ciurchea were present at the inauguration of the Fundeni Urology- nephrology and Renal Transplantation Center. On the occasion the health minister said that the first ...
CVM Report: Corruption in the healthcare system seems to be very widespread
Tuesday, February 3, 2015
Corruption in the healthcare system seems to be very widespread, with the practice of informal payments being very common, especially in small towns and villages and 'most often also seems to be difficult to eradicate,' reads the Cooperation and Verification Mechanism (CVM) Report released on Wednesday by the European Commission. The Report notes, however, that the Ministry of Health has recorded significant progress through the projects run with the civil ...
Infrastructure: Romania elected to the position of Secretary General of the Permanent Secretariat of the TRACECA
Tuesday, February 3, 2015
Romania's Foreign Affairs Ministry hailed on Friday the election of Romanian Mircea Ciopraga to the position of Secretary General of the Permanent Secretariat of the TRACECA Intergovernmental Conference / Transport Corridor Europe-Caucasus-Asia (IGC TRACECA), informs a Friday release.According to the cited source, the election took place at the IGC TRACECA 11th annual meeting held on Jan. 29 in Istanbul, where the host country took over from the Republic of ...
Direct Bucharest - Valencia flights operated by Tarom from June 19 to September 28, 2015
Tuesday, February 3, 2015
TAROM will operate, from June 19 to September 28, 2015, direct Bucharest - Valencia flights, with prices from 143 euros per return ticket, the airline informs on Tuesday. The flights will be twice per week and will be operated by Airbus aircraft on Fridays and Sundays, with takeoff from Bucharest at 9:00 pm and landing in Valencia at 11:35 pm, and on Mondays and Saturdays, with departure from Valencia at 0:25 am and arrival in Bucharest at 4:50 ...
Agriculture: Romania has most farms in EU but with small areas
Tuesday, February 3, 2015
The farming area in Romania dropped in 2013 by almost a million hectare compared to 2002, although Romania has the highest number of farms in EU, but with a low share of area used, an INS study shows. The farming area used dropped by 875,000 hectares from 13.93 million ha in 2002 to 13.05 million ha in 2013, according to data of the study Structure in Agriculture 2013, made by the National Statistics Institute ...
Agriculture: EU money for losses of Romanian fruit-vegetable producers following blocked exports to Russia
Tuesday, January 27, 2015
Romanian fruit and vegetable producers will benefit from overall funds of 10.8 million lei, as temporary support measure, to cover some of the losses suffered following the decision of the Russian government to forbid imports of vegetable and fruit from EU, Romania included. Based on payment requests fruit and vegetable producers and organizations in this farming sector will receive financial aid to cover some of the ...
First measures of the new PNRD to be opened in the last week of February
Tuesday, January 27, 2015
The European Commission will send, by the end of January, final remarks and an agreement in principle for the first measures of the new National Rural Development Programme (PNRD), so that, in the last week of February, we may open the sessions for receiving projects, State Secretary in the Agriculture Ministry George Turtoi told ...