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Small merchants complain unfair competition of hypermarkets in Romania
Tuesday, January 6, 2015
The period of the winter holidays has confirmed that due to the hyper-markets' unfair competition, the small traders' sales diminished, the executive secretary of the Small and Medium-sized Traders of Romania National Association (ANCMMR), Cora Muntean, told Agerpres. "This period of winter holidays confirms our fear that the situation of the small and medium-sized traders turns graver with the day. Of course, their sales' level has grown too, yet much less ...
Agriculture : Seven billion euros paid to the beneficiaries of the 2007-2013 National Programme for Rural Development
Tuesday, January 6, 2015
The Agency for Rural Investment Financing (AFIR) has paid nearly seven billion euros up to December 14 2014 to the beneficiaries of the 2007-2013 National Programme for Rural Development (PNDR). The amount is equivalent to a usage rate of 78 percent of the European funds directed to agriculture and rural development, according to AFIR data collected by mid-December. The final figure up to December 31 will be available in the second half of January, including ...
Real Estate: 2014 in Review: Real Estate investment volume in Romania increased to approximately EUR 1 billion
Tuesday, January 6, 2015
The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well. Office drives up the real estate market Companies ...
Spanish company Hercesa to start construction of office building in Romania's Capital
Tuesday, January 6, 2015
Spanish company Hercesa is likely to start the construction of a nearly 5,000-square meter office building on a plot of land it owns in Bucharest’s Piata Unirii Square, within an investment estimated at EUR 7 million. The developer already has an IT firm on the wire looking to rent half the space.“We want to start construction on a new office building in spring on Mircea Voda street, near the Bucharest Tribunal. We will build 5,000 square meters and ...
Cars : 2015 Ford Mondeo arrives in Romania
Tuesday, January 6, 2015
Ford Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, automotive journalists, through all versions, under the close indications of professional racing drivers from the Romanian Rally Championship (Napoca Rally Academy). A nice touch of the whole event was ...
Tourism : Health spa tourism initiative in Bosnia and Romania
Tuesday, January 6, 2015
Working together, two nearby countries have found ways to promote health tourism.The results of a European Union founded project, ‘ Development and promotion of health spa tourism in the cross-border region of Bosnia and Herzegovina - Serbia - Cross ...
Infrastructure: Works of 110 million euros to modernize road between Maramures and Suceava
Tuesday, December 23, 2014
CNADNR wants to modernize a section of 90 km of DN18 between Moisei (Maramures) and Iacobeni (Suceava). The contract of 113 million euros (VAT included) has in view to repair the works made by former builders and complete the ones ...
Construction of Serbia-Romania railway until June 2017
Tuesday, December 23, 2014
Serbia's Prime Minister Aleksandar Vucic spoke with Chinese Minister of Transport Gao Yang Chuantang to discuss building the high-speed railway Belgrade-Budapest, as well as ways of financing this project. The officials highlighted the need for a feasibility study to be completed by June next year so that the construction could be finished by June 2017. The project to build a double track line for high-speed train, which would go 200 km an ...
Blue Air celebrates 10th anniversary with new route to Liverpool
Tuesday, December 23, 2014
Romania’s Blue Air reached a significant milestone on Saturday 13 December when it celebrated 10 years of operations. The LCC, which launched in the year when Romania joined the EU, has (according to the airline’s in-flight magazine beBlueAir) carried some 11.5 million passengers during its first decade, and currently operates a fleet of 11 Boeing 737s (-300s, -400s and -500s). Having originally started ...
Telecom.IT : Internet usage by individuals in 2014 :One out of every five individuals in the EU28 used the cloud to save files
Tuesday, December 23, 2014
Free-of-charge services prevail Internet usage has become very widespread amongst the EU population, and not only are more and more people using the internet, but they also use it more and more often, with almost two-thirds (65%) of individuals aged 16 to 74 in the EU28 using the internet daily in 2014, compared with less than a third (31%) in 2006. During the same period, the percentage of ...
Romania owes over 11 million euro for Microsoft licenses
Tuesday, December 23, 2014
If the Romanian state fails to pay the RON 50 million (EUR 11.6 million) sum which is due for the Microsoft licenses, it must start paying penalties of 0.1 percent per day, according to Sorin Grindeanu, the new Minister for Communications. The end-October 2014 was the payment deadline, according to an additional contract signed last year. The first installment of the contract was already paid. The ...
Huawei Romania to reach 0.2 mln smartphone sales in 2014
Tuesday, December 23, 2014
Huawei Device Romania expects to end the year with sales totaling 200,000 units and a market share of about 4.5 percent, up from last year. The company expects to sell 50,000 smartphones during the winter holiday. The best selling smartphones are the entry model Ascend Y530 and the high-end model Ascend P7. The market for smartphones has increased by 70 percent in 2014 in Romania, according to Huawei Romania's phones division director Sorina ...
Trade: Romanians last in Europe for fish consumption
Tuesday, December 23, 2014
Romania holds a fifth of the area for fish growing in EU but obtains only 0.2% of the fish production in the community bloc, while the per capita fish consumption - 5 kg per year- half the quantity of the 1980s, is the smallest in EU, according to Romfish ...
Almost half of Bucharesters shop at mall, quarter from designer's outlets (survey)
Tuesday, December 23, 2014
Bucharest is Romania's city with the most shopping malls, which are preferred by over 45% of Bucharesters for buying clothing and footwear, according to a survey into Romanians' clothes-buying habits. In other cities, less than 30% of buyers frequently visit shopping malls to buy clothes, and this happens also in the towns with fewer than 200,000 ...
Agriculture : Romania keeps its 2015 turbot quota at 43.5 tonnes
Tuesday, December 23, 2014
Romania keeps its 2015 turbot quota at 43.5 tonnes, despite the numerous discussions on cutting the Black Sea turbot quota by 15 percent, State Secretary with the Agriculture Ministry, Daniel Botanoiu told Agerpres on Monday evening, after attending the meeting of the EU's Agriculture and Fisheries Council in Brussels. "Romania has managed to keep its 2015 turbot quota at 43.5 tonnes and the sprat quota at 3,500 tonnes, although there were numerous ...
Romania shipped close to 4 billion euros worth of agri-foodstuffs in the nine months of 2014
Tuesday, December 23, 2014
Romania shipped close to 4 billion euros worth of agri-foodstuffs in the nine months of this year, marking a 20-year record, while the trade surplus exceeded 349 million euros at end-September, show figures supplied by the Ministry of Agriculture and Rural Development on Tuesday. "Romanian shipments of agri-foodstuffs totalled 3.902 billion euros January to September 2014, up by 11.2 percent from the same period in 2013, with the imports recording a slight ...
Real estate: Coldwell: Over 7,000 housing units completed in Bucharest this year
Tuesday, December 23, 2014
Developers will complete over 7,000 houses in residential projects in Bucharest and the outskirts. 30% of them will be of small dimensions, according to Coldwell Banker Affiliates of Romania which sold over 1,000 new apartments in 2014, 30% more than in ...
International retail investors pushed into development in CEE
Tuesday, December 23, 2014
With retail property starting to dry up in Central and Eastern Europe, more international investors would be well advised to start looking at development, according to Tomasz Lisiecki, chief development officer at TriGranit Development Corporation.Retail is the hottest asset class that investors are after in Poland and central and Eastern Europe, he said. 'What’s challenging are the return expectations. A lot of opportunistic ...
Cars: Romania - third largest registration increase for new cars in EU
Tuesday, December 23, 2014
Romania has registered the third largest increase of new car registration in EU - 23.9% in the first 11 months of the year, in a growing European market, while Dacia had the most important advance with a high volume of sales of 27.1% to 331,762 ...
Agriculture : Statistics: Milk production increased by 16.3 per cent in the first 10 months of 2014
Tuesday, December 16, 2014
Milk production increased by 16.3 per cent (29,289 tonnes) in the first 10 months of 2014 compared to the same period in 2013, having totaled 209,001 tonnes, while the relevant imports decreased by 19 per cent, from 79,020 tonnes to 63,994 tonnes at end-October, according to the data released on Monday by the National Statistics Institute /INS/. In ...