RSS
Economic
BCR aquires Romania's Silver Mountain real estate projects for almost 50 million
Tuesday, June 3, 2014
Romania's real estate project Silver Mountain based in Poiana Brasov along with a piece of land near Snagov lake were acquired by BCR for around EUR 52 million in a tender organized on May 23 by Euro Insol, the judicial liquidator of INR Management Real Estate.The lender paid EUR 49.7 million for the residential project that has 171 apartments, 176 parking spaces, 2 commercial spaces, a multifunctional building, along access roads and additional land of 206.500 ...
Telecom.IT: Over 5.9 mln Romanians use Internet daily; online games dominate Web surfers' preferences
Tuesday, May 27, 2014
Over 5.9 million Romanians use the Internet daily, a percentage of 61.6% of the total population of the country respectively, and the trend is of constant increase, according to a Survey of Audience and Internet Traffic (SATI), conducted by the Romanian Audit Bureau Transmedia (BRAT) .'As to the purpose of the daily use of the Internet, the data released by BRAT show a decrease in Romanians' ...
Cars: New motor vehicle sales up 23 pct in first 4 months of 2014
Tuesday, May 27, 2014
New motor vehicle sales in Romania edged up 23.3 percent in the first 4 months of 2014, compared to the similar period of last year, meaning 10 straight months of increase, shows data released by the Association of Automotive Manufacturers and Importers (APIA).'With a total volume of 8,062 units sold in April, we report a 0.5 percent increase compared with March, meaning that, after the first ...
Romania still trailing in EU rankings of new vehicle sales per 1,000 inhabitants
Tuesday, May 27, 2014
Romania remains the market with the fewest sales of new vehicles per thousand inhabitants in the EU, with three units compared to an European average of 27, shows an expert survey recently presented to a seminar dedicated to the players in the automotive industry.'A lack of accuracy in the sales statistics, which sometimes fall short of eliminating re-exports, is still visible. The absence of consistent national industrial, commercial, environmental and tax ...
Tourism : Foreign tourists spend 635 euro per person during a holliday in Romania
Tuesday, May 27, 2014
Romania was visited last year by 1.7 million foreign tourists, who spent individually over 635 euro per holiday in our country. Most of them prefer city breaks, general tours and specialised tours ( cultural, vineyards, historical) as well as relaxation packagage ...
Sibiu, best tourist destination of the year in Romania
Tuesday, May 27, 2014
The City of Sibiu (central Romania) was declared the best tourist destination of the year in Romania at the Excellence Awards Gala organized on Thursday evening by Hotel Tourism Leisure Investment Conference, according to a press release remitted by the Sibiu Town Gall.Sibiu was favored over other renowned tourist destinations such as Bucovina, Transalpina, Sighisoara or the Danube delta.'The Hotel Tourism & Leisure Investment Conference Excellence ...
STR Global: Occupancy rate, tariffs up for Bucharest hotels
Tuesday, May 27, 2014
The occupancy rate of Bucharest hotels was higher over the first quarter of 2014, year-over-year, but leisure tourism should grow faster to become at least equal to business tourism, the business development manager of the STR Global consulting company Kathryn Miller said on Thursday at the Hotel Tourism & Leisure Investment conference.'We see a strong start for ...
Agriculture: Romanian agri-foodstuffs trade posts over 104 M euros in 2-month surplus
Tuesday, May 27, 2014
The Romanian agri-foodstuffs trade balance posted 104.2 million euros in surplus in the two months of 2014 as compared to 169.2 million euros worth of deficit in last Jan. and Feb., show figures communicated by the Ministry of Agriculture and Rural Development.Romania, in the two months, shipped agricultural produce worth a total 814.2 million euros, up by 54.3 percent (286.6 million euros) from the same period in 2013; such shipments included deliveries to the ...
Branza de Covurlui cheese, Salamul de Nadlac salami, Pita de Pecica bread want European protection
Tuesday, May 27, 2014
Ten traditional products are under preparation for receiving European protection, among them being Branza de Covurlui [cheese], Salamul de Nadlac [salami] and Pita de Pecica [bread].The other traditional products for which the documentations are in various preparation phases are Carnatii de Plescoi [sausages], Salamul de Sibiu [salami], Virsli [mutton sausages], Branza de Giulianca Braila [cheese], Gemul de Rubarba [rhubarb jam], Scrumbia de Dunare [smoked Danube ...
Over 100,000 jobs created in Romanian agriculture during 2007-2013
Tuesday, May 27, 2014
Over 100,000 jobs were directly created in the Romanian farming sector based on European Union funds during 2007-2013, while three million rural locals benefited from such investments, Vice Prime Minister Daniel Constantin, also a Minister of Agriculture and Rural Development said on Tuesday. 'More than 40,000 jobs were created during 2007-2013 and another 61,000 are at the phase of implementation under the contracts signed up until now. In other words, over ...
MADR's Gaman: IWCB 2014 proves EU funds were properly steered
Tuesday, May 27, 2014
IWCB 2014, the Bucharest international wine competition, is an opportunity for Romania to prove that European funds for its vine growing and wine making have been properly steered in the interest of the sector, Secretary General with Agriculture and Rural Development Ministry (MADR) Virgil Laurentiu Gaman said Thursday. 'This is an opportunity for Romania to prove that ...
Infrastructure: Tg.Neamt –Tg.Mures highway could be made on the money taken on the fuel excise
Tuesday, May 27, 2014
The ministry of transport, Dan Sova considered that the highway Targu Neamt – Targu Mures could be made on the money taken on the fuel excise. Dan Sova stated, in a press conference in Iasi, that the part of the highway Targu Neamt- Targu Mures will be made on the money obtained from the fuel excise, in force since 1 April, appreciating that the works could be finished until the end of 2019, Mediafax ...
Healthcare: Initiator about Romania-Serbia telemedicine transboundary project: It's an example and inspirational spark
Tuesday, May 27, 2014
Doctor Ion Sfera, a member of the Romanian community of Serbia's Vojvodina, said on Monday in Brussels that the Romania - Serbia telemedicine transboundary project that is co-financed to an extent of 85 percent from EU funds under the Instrument for Pre-Accession Assistance (IPA) has become 'an example and a spark' not just for these two countries, but for other EU states too.The 53-old ...
With almost 2 million suffering from diabetes, Romania is Europe's second most affected country
Tuesday, May 27, 2014
With almost two million people, ie 11.6 percent of the citizens aged 20 to 79 years, suffering from diabetes, Romania ranks second in Europe after Turkey among the countries most affected by this health condition, show the results of the first National Survey on the Prevalence of Diabetes, Prediabetes, Overweight, Obesity, Dyslipidemia, Hyperuricemia and Chronic kidney disease.'Personally, I had two surprises. I was surprised to see the areas with the highest, and ...
Agriculture : Ponta: Cutting fruit and vegetable, organic products VAT is next step
Tuesday, May 20, 2014
The Government plans as a next step after cutting the value-added tax (VAT) on wheat, bread and milling products to cut the VAT on fruit and vegetables and on the organic products, with a similar measure on meat and meat products likely to be considered in 2015, Prime Minister Victor Ponta told a public TVR television broadcast on Sunday.'We waged a huge battle last year in order to succeed to cut the VAT on wheat and bread, on milling products. It has proved a ...
Future of agriculture development hinging on export, not on domestic market solely
Tuesday, May 20, 2014
The future of the agriculture development hinges on the Government's capability to negotiate the commercial relations of Romania on an international level, so that the emphasis as regards the farm production be put on the export of produce, Prime Minister Victor Ponta told a TVR public television broadcast on Sunday.'For me, as a prime minister, it is very important that the production, the animal breeding sector's included, be not solely directed towards Romania. ...
Infrastructure : EC to approve memorandum on infrastructure works next year
Tuesday, May 20, 2014
The Memorandum adopted by the Government about two months ago, stipulating infrastructure works worth 1.2 billion euros, will be approved by the European Commission next year, Transport Minister Dan Sova announced on Saturday in Tulcea (south-eastern Romania). The document refers to the arrangement works on the Braila - Buzau motorway, dredging works on the Danube and works aimed at revamping the Giurgiu, Braila and Galati ports.'It's a complex ...
Fly Romania, started operations offering domestic flights
Tuesday, May 20, 2014
Fly Romania started operations last Friday offering domestic flights on the Timisoara-Bucharest and Tulcea-Bucharest routes for fixed fares of EUR 69.90 and EUR 49.90 (one-way) respectively. For international flights, fares start at EUR 29.90. Fly Romania operates flights to Bergamo, Verona, Genoa, Barcelona, Frankfurt and Antalya. The airline is owned by Ten Airways, a company set up in 2010 and controlled by Romanian businessman ...
Real estate: Real estate transactions rise by over 21,000 in first 4 months of 2014
Tuesday, May 20, 2014
The number of real estate transactions rose by over 21,000 in the first four months of this year compared to the similar period of 2013, amounting to 283,871, the National Agency for Cadastre and Real Estate Publicity informs in a release.Over the first four months of 2014, most real estate deals were concluded in Bucharest (18,842), Timis (16,309) and Ilfov (14,564), and the fewest in Teleorman (1,905), Bistrita-Nasaud (2,335) and Covasna (2,888). ...
Tourism: Pilot-programme carried out in spa resorts to capitalize on the Ana Aslan brand
Tuesday, May 20, 2014
The Spa Tourism Employers Association (OPTBR), backed by the National Tourism Association (ANT), has recently, initiated in partnership with the National Institute of Gerontology and Geriatrics and the Ana Aslan Foundation a pilot-programme meant to promote treatments of this type and to revitalize the famous Romanian brand Ana Aslan.According to a press release of the initiators, the Romanian Medical Tourism Association ...