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Economic
Higher excise on sparkling wines generates 25 million euro annual losses
Tuesday, September 23, 2014
Romania has lost approximately 25 million euros each year owing to higher excise taxes on wine-based sparkling beverages, the National Business Association of Vines and Wineries (PNVV) estimated in a plea for a zero excise for these products.'The market plummeted since 2010, and we [Romania] got from revenues of 27 million euros per year in excise on intermediate beverages to roughly one million euros. Increasing the excise aimed at higher revenues, but we ...
Telecom.IT: Coface: Romanian IT distributors' turnover down 5 percent in 2013
Tuesday, September 23, 2014
Over 1,260 companies operating in IT distribution in Romania generated a turnover of 5.2 billion lei in 2013, down 5 percent compared to 2012, according to an analysis published on Tuesday by Coface Romania.In 2013, the average revenue per company was 22 percent lower compared to the one recorded before the onset of the financial crisis, in 2008, but at the same time, the net outcome of 2.4 percent registered at sectoral level in 2013 was the highest in the past ...
Cars: New car registrations up 8.50 pct in Aug, over 25 pct Jan.-Aug. 2014
Tuesday, September 23, 2014
The number of new car registrations in Romania went up 8.50 percent in August, to 8,485 units; the advance was over 25 percent, up to 36,003 units over January-August 2014, compared to the figures recorded in the similar period of 2013, show data released by the Driving Licence and Vehicle Registration Directorate (DRPCIV) of the Ministry of Internal Affairs (MAI).In August, out of the all newly registered vehicles, 6,410 were cars (+1.44 percent compared to Aug. ...
Romanian car market advances in August for 14th consecutive month
Tuesday, September 23, 2014
The sales of new cars on the Romanian market stood at 7,455 units in August 2014, up by 17% from the same month of last year, and thus 14 months of consecutive growth have been recorded from the same months a year earlier, according to the data released on Wednesday by the Association of Car Makers and Importers /APIA/. The cumulative volume of sales in the first eight months of 2014 stood at 64,474 units, up by 29.2% compared to the same period in 2013, an ...
Tourism : Over 1.5 million tourists on Romanian littoral in 2014
Tuesday, September 23, 2014
Over 1.5 million tourists have visited the Romanian littoral in the 2014 season, of which 5 percent were foreigners, said, on Tuesday, Lucia Morariu, the chairman of the National Association of Tourism Agencies (ANAT), in a specialty conference.'Our estimates are done taking into account a median occupancy level of 55 percent of accommodation structures on the entire littoral. As such we reach a figure of around 1.2 million tourists, to which we add around a ...
Average value of tourist package for Romanian seaside this year - 599 lei, up 2% from 2013
Tuesday, September 23, 2014
The average value of the tourist package for the Romanian seaside stood at 599 lei [1 euro=4.4 lei] in the current summer season, up by 2% from 2013, the representatives of the National Association of Travel Agencies (ANAT) announced on Tuesday, based on a survey conducted by the association. The top seaside resort is Mamaia-Navodari, followed by Eforie Nord, Saturn, Neptun, Jupiter, Venus, Olimp, Mangalia, Costinesti, Cap Aurora and Eforie Sud. ...
Foreign tourists to Romania spend over 2.2 bln RON in H1
Tuesday, September 23, 2014
As many as 840,000 foreign tourists checked in with Romania's collective tourist accommodation facilities in H1 2014, spending over 2.203 billion RON in this period, the National Statistics Institute (INS) said on Monday. Most of non-resident tourists came to Romania on business, to attend congresses, conferences, courses, fairs and exhibitions (62.1 percent of the total); spending by this category accounted for 69.4 percent of total figure. The second ...
The modernisation of Bradet Hotel in Sovata costs of 7 million euro
Tuesday, September 23, 2014
The Hungarian group Danubius Hotels allocated funds of 7 million euro for the modernisation of Bradet Hotel in Sovata, Mures county.The unit is included in the luxury category, four star and was renamed Danubius Health Spa Resort Bradet. Thus, the hotel, previously classified as two star, entered the market of spa tourism, wellness &spa of Romania. The touristic unit owned by Danubius Hotels Group in Sovata has also ...
Tourism future is in countries like Romania
Tuesday, September 16, 2014
The future of tourism is in country like Romania, a rising star, authentic and with development potential, World Tourism Organization (WTO) Secretary General said at the launching conference of the first youth tourism cluster on Thursday.We believe in Romania's future as regards tourism and innovation. Romania is the future, it is a dynamic country, a rising star, authentic, and moreover, it has not turned into a museum. Europe sends and receives approximately 55 ...
The Romanian seaside has become more expensive than the Spanish and the Turkish one
Tuesday, September 16, 2014
The Romanian seaside has become in 2014 more expensive than the Spanish or Turkish one, although two years ago it was surpassed only by the Bulgarian one in a top of the cheapest seasides, shows a study of the Federation of Employers’ association in the Tourism – FPTR which analyses the costs of holiday shopping for several summer ...
China, favourite destination of Romanians opting for tourist circuits
Tuesday, September 16, 2014
The niche of tourist circuits of at least 10 days started gaining momentum in 2013, especially as regards the destinations in Asia and America, China topping the preferences of the Romanians buying such tourist packages, according to the representatives of this industry.In comparison to Europe, where tourists have no trouble finding accommodation and transport on their own, ...
Cars: Bloomberg: Dacia Thrives as Europe’s Cheapest Cars Revive Romania
Tuesday, September 16, 2014
Viorel Oprea practically shudders as he recalls working at the Dacia auto factory in communist Romania. The plant in the town of Mioveni was a tumbledown collection of gray-concrete buildings surrounded by ...
Infrastructure expenses will grow by 5% until 2025
Tuesday, September 16, 2014
Expenses with infrastructure in Romania will grow by 5% until 2025, more rapidly than in Western Europe, but slower than at global level, the total amount allocated reaching 30 billion dollars until 2025, according to a PwC and Oxford Economics report. “Romania’s infrastructure, especially transport infrastructure needs ...
TAROM introduces additional flights on four of its existing routes
Tuesday, September 16, 2014
TAROM Airlines, in a release, informed that it is going to introduce an additional number of flights, during the 2014-2015 winter season, on four of its already existing routes. Thus, the Bucharest-Rome-Bucharest route will have two additional flights added, reaching thus up to six weekly flights. The Bucharest-Dubai-Bucharest route will be operated three times a week instead of two times during the summer time.Also, the airline announced it will add ...
Agriculture : COGECA President: Romania's formidable agricultural potential is vital for Europe
Tuesday, September 16, 2014
Romania has a formidable agricultural potential vital for Europe, and Romanian farmers should strive to get performing production means, Christian Pees, the president of the EU Agricultural Cooperatives Confederation (COGECA) and of the French agrifood cooperative group Euralis said at a specialized conference on Friday.'What I have seen with my farmer and administrator ...
Domeniul Coroanei Segarcea, a wine that made history together with the royal family
Tuesday, September 16, 2014
Growing grapevines and making vine in the Segarcea area of Dolj County were first mentioned in a document of 1557, under which ruler Patrascu the Good, father of Michael the Brave, gave 'the lands of Segarcea' as dowry to his daughter Maria. By then, the local vineyards and wines had been well known. Located south of Craiova, 28 km away on the Craiova-Bistret County Road and 37 km by train from Craiova to Calafat, Segarcea is crossed by parallel 44, a parallel of ...
Health: Physicians’ deficit is 40-42% in Romania
Tuesday, September 16, 2014
Vasile Astarastoae, the president of the Physicians’ College (CMR) declares that the shortage of physicians is 40-42% and there is a risk that Romania could have “ultramodern, ultra-performing sections which will become museums”. “Now the deficit of physicians in Romania has reached 40-42%. In 1990 there were 57,000 ...
Study: Romanians pay more attention to their health
Tuesday, September 16, 2014
The Romanians pay more attention to their health, according to a GfK study made for MedLife company for medical services. According to the study, 76% of the population went to see a doctor at least once thisyear, on the rise by 10% compared to 2013, while 21% prefer private services to state ones especially for dental care, gynecology, internal medicine and labor ...
Telecom.IT: Romania must invest 3.9 billion euro for IT&C projects until 2020
Tuesday, September 16, 2014
Romania must invest 3.9 billion euro to increase the degree of broadband coverage, the use of e-governing services, online sales and the number of employees in the IT&C field, as part of the country’s targets in the IT&C domain until 2020.Figures are available in the project referring to the National Strategy on the Digital Agenda for Romania, published by the Ministry for Information ...
Healthcare: Health insurance card project delayed over former National Health Insurance Office leadership corruption
Tuesday, September 9, 2014
Romanian Prime Minister Victor Ponta said on Friday that the implementation of a project aimed to introduce national health insurance cards has been delayed by a year because of serious corruption acts committed by the former leadership of the National Health Insurance Office.'Many thanks to the team of the National Health Insurance Office, the Romanian Post and the health ministry for a project I too thought we would never see come true. I want you to know that ...