RSS
Economic
Danube Bridge 3 to Cost EUR 200 – 270 M
Tuesday, September 2, 2014
The construction of a third bridge over the Danube River is to cost EUR 200 – 270 M, according to feasibility studies conducted at four places where it could be built, quoted by novinite.com. Elean Gagov, expert at the Ministry of Regional Development, explained Monday that the option of building a rail line and its price tag were to be discussed in the second stage of the ...
Health: The state will build hospitals in Iasi, Cluj and Craiova with European money
Tuesday, September 2, 2014
Nicolae Banicioiu, the minister of health, announced that three regional hospitals will be built in Iasi, Cluj and Craiova only with European funds, the investment amounting to 1 billion euro. “We succeeded in signing a Partnership accord for 2014-2020 for 1 billion euro. We will have allocations for infrastructure, screening, ...
Agriculture: Egypt pays 15.5 million dollars for 60,000 tons of Romanian wheat
Tuesday, September 2, 2014
The Egyptian government bought on Tuesday 60,000 tons of Romanian wheat for which it paid 15.5 million dollars, according to the General Authority For Supply Commodities (GASC).The Egyptians bought the wheat from the cereal trader ...
Telecom : Romania unsubsidised mobile phone sales up 29% y-on-y in Q2
Tuesday, August 26, 2014
Romania's telecommunications segment saw the highest increase in value, namely 29.1 percent year-on-year to EUR 128 million, in the GfK Temax report for Q2. The figure refers to non-subsidised sales of smart and mobile phones. The growth mainly reflects results in the smartphones segment, while the demand for feature phones was again low. Within the smartphones category, the increasing trend towards screen sizes between 4 and 5 inches continued. The ...
Asbis sells 30,000 Prestigio tablets in Romania in H1
Tuesday, August 26, 2014
Asbis Romania, the Romanian subsidiary of Cyprus-based distribution company IT&C Asbis, saw its sales of Prestigio smartphones and tablets total approximately USD 5.7 million in H1, according to local paper Ziarul Financiar. Asbis smartphone sales totaled USD 70,000 and reached 8,000 units, and tablet sales reached USD 5 million and 30,000 units in the ...
Orange Romania plans to double number of Wi-Fi access points
Tuesday, August 26, 2014
Orange Romania plans to double the number of Wi-Fi points of access installed at the national level by the end of 2015, according to local paper Ziarul Financiar citing the operator's development & innovation manager Cristian Patachia-Sultanoiu. At present, the operator has approximately 80 Wi-Fi hotspots, totalling 400 installed points of access. The Wi-Fi hotspots can be considered as an extension of the operator's mobile network as they increase the network's capacity ...
Agriculture: Agriculture Ministry acquires consultancy service for OPF 2014-2020 in excess of RON 8.3 million
Tuesday, August 26, 2014
Romania's Ministry of Agriculture and Rural Development has purchased technical assistance services for the development and consolidation of the institutional capacity of the Directorate General Fisheries - The Management Authority for Operational Programme Fisheries (OPF) to prepare, draw up and implement OPF 2014-2020, from Conceta Silva SRL, for RON 8,302,815, VAT excluded, ...
Reuters: Romania reaps 7.4mn tonnes wheat, record rapeseed crop
Tuesday, August 26, 2014
Romania reaped a record wheat crop of about 7.4 million tonnes this year from 2 million hectares against 7.3 million in 2013 and a 44-year record high rapeseed crop of 1.1 million tonnes, the agriculture ministry said on Monday. Minister Daniel Constantin said in a statement wheat yields edged up to 3.65 tonnes per hectare. Romanian farmers also harvested 1.74 ...
Cars: Automotive market up about 31 pct over January-July 2014
Tuesday, August 26, 2014
New car and commercial vehicle sales on the Romanian market amounted to 57,019 units over January-July 2014, up 30.9 percent when compared to the similar period of 2013, with an increase of 32.7 percent as regards cars, according to data published on Monday by the Association of Automotive Manufacturers and Importers (APIA).Registrations of used cars fell by about 7 percent ...
Old Car scrappage scheme should be dropped after 2014, specialized association says
Tuesday, August 26, 2014
The interest in the Old Car scrappage scheme is falling both among the majority of the automotive market operators and the citizens and the scheme should be dropped after 2014, the Romanian Car Producers and Importers Association (APIA) said in a release on Monday.'The daily average of the entries has constantly dropped from 162 units in April to 135 in May, to 103 in June ...
Trade: Value of Romanian market of durable goods reaches 420 million euros in Q2
Tuesday, August 26, 2014
The durable goods market reached 420 million euros in Romania in the second quarter of 2014, increasing 17 per cent from the same period of last year, the best sales performance having been ...
Romanian consumers have highest frequency of online shopping, ahead of Britons, Belgians
Tuesday, August 26, 2014
More than three quarters (77%) of Romanian consumers seek online information about smartphones or tablets, and 55% of them buy them online, thus ranking ahead of Britons and Belgians in this respect, reveal the findings of the GfK Purchase Journey survey released on Friday. The average time on the four analyzed markets (Romania, Great Britain, Russia and Belgium) is 52 ...
Anchor Group gives update on Bucuresti Mall and Plaza Romania renovation; new tenants
Tuesday, August 26, 2014
The refurbishment of Bucuresti Mall and Plaza Romania announced by Anchor Grup it’s running according to the initial works schedule without any delays or interruptions, thus 40 percent of the built areas of both centers are already under construction. As the development continues, 90% of the leasable areas of ...
Romania exports beverages, tobacco worth over 227 mln euros, in first 4 months of 2014
Tuesday, August 26, 2014
Romania exported, in the first four months of this year, beverages and tobacco of 227.2 million euros, by 43.3 million euros above the level recorded in the same period of 2013, according to the data centralised by the National Institute of Statistics. Beverage and tobacco imports amounted to 133 million euros, being worth by 5.8 million euros lower than those in January to April 2013, and thus a surplus of 94.2 million euros was recorded in this segment. ...
Healthcare: Health ministry allots 86,156,000 lei for HIV/AIDS Program in last budget revision
Tuesday, August 26, 2014
The Health Ministry has allotted 86,156,000 lei for the ongoing National Program for prevention, supervision and control of the HIV/AIDS infection, in the last budget revision, from the funds aimed at the health sector. (1 euro = 4.4 lei)According to a press release of the ministry, of this sum 19 million lei were already transferred to decentralized healthcare units.'The other funds destined for the treatment of patients in healthcare units in the ...
Infrastructure: Runway of Brasov-Ghimbav Airport ready on September 20
Tuesday, August 19, 2014
The runway of Brasov-Ghimbav International Airport will be ready on September 20, said Aristotel Cancescu, the president of Brasov County Council and the contractor firm representatives. “It is the last press conference we organize before the completion of runway works on September 20. We hope there will be no problems caused by bad ...
Real estate: Developers built offices for 8,000 employees but no malls in the first semester
Tuesday, August 19, 2014
Real estate developers finished offices for 8,000 employees in Bucharest and 60,000 sq.m. of industrial areas in the country in the first semester but no commercial area, the latest JLL report shows. “In the second quarter, four important office buildings were delivered in Bucharest- Green Gate (S Group), AFI Business Park 2 (AFI Europe), Green Cube/Chandler and Dionisie Lupu 72, which added ...
AFI Europe rents three out of five office buildings in AFI Park complex
Tuesday, August 19, 2014
AFI Europe reaches an occupation degree of 100% for office areas in the first three buildings of AFI Park Bucharest project after renting 6,000 sq.m to the Canadian company Telus International Europe in AFI PArk 3, to be completed in December.Telus International Europe, a supplier of Business Process Outsourcing tented five floors in AFI Park 3 for a period of five ...
Helios Phoenix extends industrial parks in Brasov and Timisoara
Tuesday, August 19, 2014
The industrial park developer Helios Phoenix extends by 25,000 sq.m the projects Olympian Park of Brasov and Timisoara. The existing areas of 45,000 sq. M are fully occupied and the developer intends to begin new investments in Cluj and Constanta. The parks of 45,000 sq.m initially held by GE Capital Real Estate together with Helios ...
Tourism: Nine areas in Romania supported to improve ecological tourism performances with a project of 154,741 euro
Tuesday, August 19, 2014
Nine areas in Romania will be supported to improve their ecological tourism performances as part of a project of 154,741 euro launched by the Ecotourism Association of Romania (AER) and the National Authority for Tourism (ANT).These areas will increase performances of tourist management, responsibility towards the natural environment in promotion activities.The value of the grant is 139,015 and the total value of the project is 154,741 ...