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Economic
Real estate: Turkish developer will build a 35,000sqm resort in Olimp Romania
Tuesday, July 22, 2014
A Turkish developer will build a 35,000 square meter resort in 23 August, near Olimp Romania. The project will include 900 apartment, a 5-star hotel, swimming pools, bars, clubs and sports facilities.Blaxy Premium Resort & Hotel will be developed in stages at a kilometer north of Olimp Resort, in the sport where the Black Sea meets the Tatlageac Lake, according to the developers’ representatives, quoted by ...
Telecom. IT : Romanian state is negotiating with Microsoft for Windows XP technical support
Tuesday, July 22, 2014
Negotiations between Romanian authorities and Microsoft for the continuation of the technical support for Windows XP are currently on the “finish line,” and it remains to be seen whether the licenses will be leased or bought, announced Razvan Cotovelea, the minister for Information Society, according to Mediafax. “The Romanian ...
IT sector in Romania could attract funds of over one billion euro, according to Minister Cotovelea
Tuesday, July 22, 2014
In the current multi-annual budget framework of the European Union it is expected that the IT sector in Romania could attract a sum equal to or even larger than one billion euro, money that will come from European funds co-financing, as well as the business environment and the state budget, said on Thursday in Cluj-Napoca, Minister for the Information Society Razvan Cotovelea.These investments can be maximized through a government strategy that would be exhibited ...
Healthcare: Academician Laurentiu M. Popescu on telocytes - stem cells regenerative tandem at 4th Stem Cells Meeting in Lugano
Tuesday, July 15, 2014
Academician Laurentiu M. Popescu, MD, PhD, the discoverer of the telocytes, delivered at the 4th Stem Cell Meeting in Lugano - Switzerland, a lecture on the relationship between telocytes and stem cells; the paper titled 'Telocytes Challenge Cardiac Therapy Based on Pure Stem Cells Only' presents data accepted in the scientific world that 'challenge' the dogma of stem cells being the only cell regeneration factor. According to a release from the 'Victor Babes' ...
Health insurance office backs differential clawback tax application
Tuesday, July 15, 2014
The National Health Insurance Office backs the differential application of the clawback tax, the institution representatives said in a release on Thursday.'The Health Ministry and the National Health Insurance Office are concerned with ensuring the patients' access to treatment on as low as possible expenditure in the health social security system and with as low as possible personal contribution of the insured patient', the release quotes Office chairman Vasile ...
Agriculture : Gov't adopts resolution granting financial support to winegrowers
Tuesday, July 15, 2014
The Romanian Government on Wednesday adopted a Resolution setting up the manner of granting the financial support from the European Union to the winegrowers for 2014-2018, the executive said in a release.The act approves the financial support measures of Section IV, chapter II of the (EU) Rules of the European Parliament and European Council.'The measures for which the EU financial support is granted the vine and wine producers for 2014-2018 are as ...
Romania's agri-foodstuffs exports worth 1.17 bln euros in Q1, 2014, up 40 pct from Q1, 2013
Tuesday, July 15, 2014
Romania exported agri-food products worth nearly 1.17 billion euros in the first quarter of 2014, up 38.4 percent compared to Q1, 2013, whereas imports advanced only 0.6 percent, up to 1.16 billion euros, show figures communicated by the Ministry of Agriculture and Rural Development (MADR).The Romanian agri-foodstuffs trade balance posted 9.4 million euros in surplus in Q1, 2014 as compared to the same interval of last year.The Romanian agri-foodstuffs ...
Commissioner Ciolos, EIB sign MoU on cooperation in agriculture and rural development
Tuesday, July 15, 2014
Commissioner for Agriculture and Rural Development Dacian Ciolos and Vice President of the European Investment Bank (EIB) Wilhelm Molterer signed on Monday a Memorandum of Understanding (MoU) between the European Commission and the EIB on cooperation in agriculture and rural development over the period 2014-2020.The first of its kind in the field of agriculture, this MoU paves the way for common initiatives by both institutions, so as to stimulate rural ...
Romania's May 2014 bovine meat, pork up, poultry, ovine, goat meat down
Tuesday, July 15, 2014
Romania's production of slaughtered animals and poultry increased for cattle, pigs and poultry and decreased for sheep and goats in May 2014, compared with May 2013. The carcass weight increased for cattle and poultry and decreased for pigs and sheep and goats, according to a press release issued on Wednesday by the National Statistics ...
Romania doubles its Q1 exports of wheat, maize
Tuesday, July 15, 2014
Romania has exported 1.646 million tonnes of wheat and maize over the first quarter of 2014, twice the amount of the 2013 Q1, which was 755,400 tonnes, Ministry of Agriculture and Rural Development (MADR) data show.Wheat contributed with 926,000 tonnes and maize with 720,000 tonnes to the exports of cereals; the respective revenues were 195.5 million euros and 259.2 million euros.According to data received by AGERPRES on Friday, total income from wheat ...
Telecom.IT : Digital Agenda for Romania 2020 put up for public debate until July 31, 2014
Tuesday, July 15, 2014
Total investments in Romania's Information and Communications Technology (ICT) sector will reach about 2.4 billion euros by 2020, with an expected positive impact on the GDP of 13 percent, shows the Digital Agenda for Romania 2014-2020, a document put up for public debate until the end of July, on the website of the Ministry for the Information Society (MSI). According to the cited source, the key performance objectives of the Digital Agenda require cumulative ...
Orange Romania introduces 4G into all its postpay offers
Tuesday, July 15, 2014
Telecom operator Orange Romania launched its summer offer, introducing 4G into all its postpay deals, at no additional costs, as well as special discounts for 4G compatible smartphones, starting July 10. “By including 4G internet in all the postpay offers and with the smartphone range at special prices, Orange customers have access easier than ever to the advantages brought by the 4G digital revolution,” said Julien Ducarroz , ...
Cars: Ferrari, Lotus, Daihatsu top exclusive car registrations in Romania in H1, 2014
Tuesday, July 15, 2014
Romanians' preferred brands when it comes to buying exclusive cars, both new and second hand over Jan. - June 2014 were Ferrari, Maserati, Lotus and Daihatsu, reveal the statistics published by the Driving Licence and Vehicle Registration Directorate (DRPCIV) of the Ministry of Internal Affairs (MAI).According to this source, second-hand Ferrari registrations in the first half of 2014 went up 75 percent compared to the same period of 2013, namely 7 units. In ...
Infrastructure : UNTRR: Road carriers to hike tariffs by 15 pct, due to losses caused by unrecoverable excise tax
Tuesday, July 15, 2014
The tariffs charged by transport operators will increase by at least 15 percent following the adoption of the Government Resolution no. 537/June 26, 2014 that established the deadlines for reimbursing as state aid the amounts representing the difference between the standard level of excise taxes and the excise level differentiated for the diesel used as motor fuel, the National Union of Romania's Road Carriers (UNTRR) said in a release.'UNTRR drew attention that ...
Nikopol, Turnu Magurele Best Location for New Danube Bridge - Experts
Tuesday, July 15, 2014
The best location for the construction of the third bridge over the Danube river connecting Bulgaria and Romania is at Nikopol – Turnu Magurele, according to the experts. The route of the new Danube bridge was discussed at a ...
Romania, Rep. of Moldova sign cooperation memorandum on road infrastructure
Tuesday, July 15, 2014
State Secretary for Infrastructure Projects, Foreign Investments, Public-Private Partnership and Export Promotion, Alexandru Nastase and Republic of Moldova's Minister of Transport and Infrastructure Vasile Botnari on Friday signed a Memorandum of Understanding on cooperation in the field of roads and bridges. According to a press release issued by the Transport Ministry, the document stipulates the establishment of cooperation relations in road infrastructure, ...
Trade: Romania exported drinks and tobacco of over 157 million euro, in the Q1 of the year
Tuesday, July 15, 2014
Romania exported in Q1 of this year, drinks and tobacco worth 157.2 million euro, by 25.8 million euro over the similar level of 2013, according to the data centralised by the National Institute of ...
Romania's trade balance deficit exceeds 10.2 billion lei in January-May
Tuesday, July 15, 2014
Romania's FOB-CIF trade deficit was of 10.211 billion lei (2.285 billion euros), in the first five months of 2014, 744.3 million lei (117.6 million euros) more than in the same period last year, according to preliminary estimates of the National Institute of Statistics (INS).In May 2014, the FOB-CIF trade deficit was of 2.364 billion lei (534.5 million euro), 246.4 million lei (45.2 million euro) more than in May 2013.FOB exports amounted to 19.265 ...
Romania to post 4.3 pct retail growth in 2014 says GfK
Tuesday, July 15, 2014
Romania is estimated to report a 4.3 percent increase of retail sales this year, one of the highest in Europe, according to a report from market research company GfK. “The growth of online trade will put pressure on traditional retail formats across Europe. As a result, GfK forecasts a moderate growth for the latter of about 0.6 percent. Romania (+4.3 percent) and the Baltic countries (+4.8 percent – 5.9 percent) ...
Tourism : Tourism authority earmarks 3.12 million euros for promoting national brand in French media
Tuesday, July 15, 2014
Romania's National Authority for Tourism (ANT) announced on its website an open call for tenders worth 3.12 million euros (VAT not included) for the purchase of advertising services in French media, to implement multiannual marketing plans for Romania's national tourist brand. The contract is for 15 months, with the campaign expected to unfold from ...