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Real estate: Construction of dwellings rose by 7.37 pct in Quarter III and the period 1.I-30.IX.2014
Tuesday, December 9, 2014
The number of houses that were finished over Jan.-Sept. 2014 rose by about 2,000 units (7.37 percent), up to 28,555 units, compared to the similar period of 2013, with more than half being constructed in urban areas, show provisional data released by the National Statistics Institute (INS) on ...
Agriculture: Stefan Timofti (Cotnari): 2014 was a difficult year for wine makers
Tuesday, December 9, 2014
The year 2014 was a difficult one for wine makers because of rains and Cotnari Wineries had to face big investments in vines to boost production, said Stefan Timofti, event manager at Cotnari Wineries on the occasion of a specialised seminar at Good Wine International Wine Fair organized by Romexpo this weekend. “2014 was a very difficult year, which means investments in vines, more treatments because it was a rainy ...
Agriculture minister: VAT for foodstuff cannot drop under 15% until end of 2015
Tuesday, December 9, 2014
Daniel Constantin, the minister of agriculture, says that according to a EC Directive, the VAT share for all foodstuff cannot be reduced under 15% until the end of 2015. Constantin said that the reduction of VAT for ecological products showed, following analyses made for the bread, meat and meat product sectors, that no European state has applied that measure. The minister showed that the ...
"Prince Radu" limited-edition wine was released
Tuesday, December 9, 2014
Prince Radu of Romania on Tuesday evening attended the launch of the wine that bears his name, produced by the Tohani Winery.The wine is made from grapes harvested from the 0.7 hectares of vineyards owned by Prince Radu, on the Tohani estate, a limited edition of 5,000 ...
Tourism : Arrivals in the tourist accommodation units over Jan. 1 - Oct. 31, 2014 rose by 6.5 percent
Tuesday, December 9, 2014
The arrivals and overnight stays in the Romanian tourist accommodation units rose by 6.5 percent and 5.4 percent respectively in the 10 months of this year as compared to last Jan.-Oct., show figures made public by the National Institute for Statistics on Tuesday. Arrivals recorded in the tourist accommodation units over Jan. 1 - ...
Cars: Dacia sales in Great Britain dropped by 14.6% in November but went up by 48% in 11 months
Tuesday, December 9, 2014
Sales of new Dacia cars in Great Britain dropped ny 14.66% in November compared to 2013, but at the level of the first 11 months the Romanian cars recorded an important advance of 48.08% compared to the same period of 2013. Dacia sold 1,729 units in November, compared to 2,026 units in the same month of 2013, while sales after 11 months grew from 15,099 to 22,359 ...
Telecom.IT: More than half of households in Romania have internet
Tuesday, December 2, 2014
More than half of Romania's households have home access to the Internet, with over 70 percent of them being in the urban areas, according to a 2014 statistical research of the population's access to information and communications technology released on Friday by the National Statistics Institute ...
Romania's ANCOM has launched a laboratory for testing radio, electric and electronic devices
Tuesday, December 2, 2014
The Romanian telecom authority ANCOM has launched a laboratory for testing radio, electric and electronic devices on the local market. The lab is located in Prejmer, Brasov county, and will receive for testing phones, home appliances, illuminating devices, medical, scientific and industrial equipment.This is one of the most important projects of the telecom authority in past years, with investments amounting to EUR 3.28 million, which included the design and ...
Agriculture: Sheperds were left with one million sheep unsold due to the disease of blue tongue, thus losing 80 million euro
Tuesday, December 2, 2014
Over one million sheep were refused for export in the last two months due to the disease of blue tongue and are blocked in farms in the country, the shephers losing over 80 million euro, according to the Federation of Sheep Breeders Romovis. ‘The shepherds are ...
Real Estate: Skanska sold I Green Court Bucharest A for 44 million euros
Tuesday, December 2, 2014
Swedish company Skanska has announced on Thursday that it has sold its first office project in Romania, Green Court Bucharest A, to real estate investment company Globalworth Real Estate Investments LTD, for 44 million euros, informs a press ...
166,000 sqm of office space are currently under construction in Bucharest
Tuesday, December 2, 2014
Some 195,000 sqm of office space were leased in Bucharest Romania in the first three quarters of this year, take-up representing 80 percent or about 156,000 sqm (up by 25 percent y-o-y), according to data from DTZ Echinox. Relocations within class A & B accounted for 47 percent of the total take-up – 73,000 sqm – while new demand accounted for 53 percent. Overall, the new demand was up by 40 percent in the first nine months of 2014 y-o-y, according to the same ...
Infrastructure : International Airport of Cluj-Napoca may record a 10 per cent increase in passenger traffic in 2015
Tuesday, December 2, 2014
Avram Iancu International Airport of Cluj-Napoca may record a 10 per cent increase in passenger traffic in 2015, David Ciceo, President of the Romanian Airports' Association and CEO of Cluj-Napoca International Airport said on Tuesday. "For Cluj, we expect in 2015 a 10 per cent increase in passenger traffic. We also have an ...
Healthcare: Streinu-Cercel: There are 12,732 HIV/AIDS patients in Romania, 524 of them new cases this year
Tuesday, December 2, 2014
The number of the Romanian HIV/AIDS patients has reached 12,732, with 524 of them being new cases found this year, Professor Doctor Adrian Streinu-Cercel, the manager of Bucharest-based Matei Bals National Institute of Infectious Diseases announced at a conference on Wednesday. "The number of the HIV/AIDS patients alive is 12,732, out of 19,906 cases recorded during 1985-2014, with 6,540 deaths being recorded over the ...
Cars: Romanian operational leasing market will reach 50,000 cars at this year's end
Tuesday, December 2, 2014
The Romanian operational leasing market will reach 50,000 cars at this year's end, whereas 17.5 per cent of all registrations of new cars will be in this segment, Daniel Ivan, President of the Operational Leasing Companies Association (ASLO), told a Tuesday's relevant conference. 'The operational leasing market has grown more than ...
Trade: Cora starts home deliveries in December
Tuesday, November 25, 2014
Cora hypermarket network which owns coradrive.ro service in Lujerului store will start home deliveries in December, after having signed a partnership with TNT Romania delivery service. Next year it will launch delivery services in Cora Pantelimon and Cora Sun Plaza. A year after the launch, coradrive.ro will extend services by offering the on-line order option with home delivery. The service will be available in Bucharest ...
H&M launches online store in Romania next year
Tuesday, November 25, 2014
The Swedish fashion retailer Hennes & Mauritz (H&M), which owns 37 stores in Romania will launch next year an online store in Romania, the company informs.H&M will also launch online stores in Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal and Slovakia. In the first 9 months of the on going fiscal year, December 2013- August 2014, H&M Romania sales grew by 39% to 864 million Swedish crowns ...
Baby Food Packaging in Romania - New Study Released
Tuesday, November 25, 2014
Baby food continues to be an underdeveloped category in Romania, with this situation being fuelled by the government policy to provide free milk formula for babies who need additional feeding to breastfeeding. The main engine for growth is represented by affluent urban families, those who are able to purchase supplementary baby food or to even renounce the state-provided formula. Last but not least, the weak growth rates in baby food are also due to paediatricians? ...
Agriculture: 13 billion euros from the European funds for agriculture and rural development
Tuesday, November 25, 2014
Romania drew almost 13 billion euros from the European funds for agriculture and rural development, which represent 80.7 per cent from the amounts allotted in the period 2007 - 2013, the Agriculture Ministry announced on Wednesday in a ...
The exports of agri-foodstuffs up 11.4 percent from Jan.-Aug. of 2013
Tuesday, November 25, 2014
Romania has gone on a new commercial surplus after the eight months of this year, with the exports of agri-foodstuffs totalling 3.27 billion euros, up 11.4 percent from Jan.-Aug. of 2013, Minister of Agriculture and Rural Development Daniel Constantin told on Wednesday. "The balance of trade in agri-foodstuffs will be positive ...
Infrastructure: Romanian-Italian association will modernize Bucharest-Adunatii Copaceni road for 95 million lei
Tuesday, November 25, 2014
CNADNR will pay 94.4 million lei, VAT included, to a Romanian-Italian association for the modernization of a section of 11.6 km of National Road 5, Bucharest-Adunatii Copaceni. The initial contract signed with Romstrade was cancelled two years ago. There was a tender opened by the association Eurogen Aninoasa branch - Aleandri- Beozzo Costruzioni- Smart Building Project.The total value of the contract is 76.1 million lei, ...