Economic
Romania’s wheat exports hit 294 kmt in January
Tuesday, May 6, 2014
Romania exported 294 kmt of wheat in January – out of which 125.9 kmt to Egypt alone. Other important recipients of Romanian wheat were Tunisia, with 54 kmt, and Libya, with 51 kmt. Notably the traders shipped 25 kmt to Congo – a rather exotic destination for country’s grains. Maize/corn exports were also strong, at 291 kmt. Some 107 kmt were shipped to The Netherlands – most likely for being ...
Agricultural farming officially becomes occupation in Romania
Tuesday, May 6, 2014
Agricultural farming officially became an occupation included in the Occupations Code of Romania (COR) under the category 'Operator in mixed ecologic farms,' shows a release of the Creative Business Management (CBM) agency, organiser of some accredited courses, in which farmers can register to get a nationwide and European-wide acknowledged diploma.'Over 15,000 farmers engaged in ecological farming have, starting this year, an ...
VAT on fruits and vegetables may be cut as of January 1, 2015
Tuesday, May 6, 2014
The Government considers the possibility of reducing the value added tax (VAT) on fruits, vegetables and organic products as of Jan. 1, 2015, Prime Minister Victor Ponta told Romania TV private news channel late on Monday.Ponta said that the Government will conduct an analysis this fall, a year after the cut in the bread VAT, and based on these figures, it might decide to expand the range of products with a lower VAT, to fruits and ...
Telecom. IT: 6.4 million TV program subscribers in 2013 of whom 4.1 preferred cable
Tuesday, May 6, 2014
The number of subscribers to TV broadcasting services reached 6.4 million at the end of 2013, on the rise by 5.7% compared to 2012. Most of them prefer cable services, according to the annual Report on the electronic communications market in Romania released on Tuesday by ANCOM. Last year, 85% of households in Romania benefited from TV ...
Infrastructure: Roads in Romania: 40% are stone and dirt roads
Tuesday, May 6, 2014
According to data sent on Friday by Statistics, INS, Romania had 644 km of highway on December 31, 2013, representing 17.1% of national roads, on the rise by 94 km against 2012. At the end of 2013, public roads totaled 84,887 km, most of them - 41.9% representing county roads - 35,587 km. Village roads represented 37.9% of all public roads- 32,190 km and the rest of 20.2% - 1,110 km were national ...
Romania's total length of railway lines was 10,768 km at the end of 2013
Tuesday, May 6, 2014
At the end of 2013 Romania had 10,768 km of railway in public use, shows data released on Friday by the National Statistics Institute (INS).According to the said source, standard gauge tracks account for a length of 10,630 km (98.7 percent), narrow gauge tracks account for four kilometers, and broad gauge rails measure 134 ...
Minister Sova: In 2014 we make feasibility studies for 1,797 km of motorway
Tuesday, May 6, 2014
The Transport Ministry has planned for 2014 the achievement of the feasibility studies for 1,797 km of motorway and calling tenders for 375.38 km of motorway, Minister Dan Sova announced at a news conference on Tuesday.'The feasibility studies for 1,797 km of motorway have an execution duration of four months. This year we will also deal with organising the tenders for 375.38 km of motorway. As much as 247.72 km of motorway were ...
Bucharest airports post almost three-fold higher pre-tax profit, record high passenger number in Q1
Tuesday, May 6, 2014
The National Company Bucharest Airports (CNAB) saw a pre-tax profit of approximately 21.5 million lei (roughly 4.83 million euros at the current exchange rate) in Q1, 2.7 times higher compared to the first quarter of 2013, and reported a 7 percent increase in revenues, shows a CNAB release.'The rise [in revenues] was primarily due to operating revenues backed by the rise in traffic on the company's airports. Air traffic on the 'Henri ...
Healthcare: Family GPs: Six women dying from cervical cancer each day in Romania
Tuesday, May 6, 2014
Cervical cancer is the only type of cancer that can be prevented by a vaccine, but Romania keeps leading by a wide margin in terms of both incidence and death rate, with six Romanian women losing the battle with the disease each day, GP Cristian-Sever Oana told a news conference on Tuesday.According to him, European countries such as Switzerland and Belgium have chosen prevention and have implemented national vaccination programmes as ...
Tourism: Romania participates with national stand in Arabian Travel Market on May 5-8
Tuesday, May 6, 2014
Romania participates with a national stand in the international tourism fair Arabian Travel Market, which is held in the United Arab Emirates, in Dubai, on May 5-8, 2014, reads a release sent by the National Authority for Tourism (ANT) on Monday.Romania's presence with a national stand is brought about by the importance of the market of the Gulf ...
Bulgaria, Romania to Develop Undersea Tourism Routes
Tuesday, May 6, 2014
Undersea tourism routes will connect Bulgaria's Kaliakra to Romania's Constanta under the Heras project, according to Prof. Atanas Palazov. Palazov, head of the Institute of Oceanology at the Bulgarian Academy of Sciences, informed that the project had won funding under the Romania-Bulgaria Cross Border Cooperation Programme and was to receive a total of EUR 1.5 M under the European Regional ...
Number of tourist arrivals in hospitality facilities up 7.8 pct in March
Tuesday, May 6, 2014
The number of arrivals and overnight stays in hospitality facilities advanced in March 2014 by 7.8 percent from the previous month, and by 14.5 percent compared to March 2013, according to provisional data published by the National Statistics Institute (INS) on Monday. Arrivals of foreign tourists registered at Romania's border checkpoints went up by 1.7 percent, while Romanian tourist departures advanced 6.3 percent.The number of arrivals to Romania's tourist ...
Real Estate: Papalekas earned 340 million euro in real estate in Romania, 5 times the invested money between 2001 -2009
Tuesday, May 6, 2014
The Globalworth company controlled by the businessman Papalekas, active for 15 years on the real estate market in Romania and South-Eastern Europe;he invested in real estate projects on the local market 72.6 million euro and got out of these investments 341.4 million euro ( investments between 2001- 2009). At present the company has 10 investment objectives on the ...
Ahlstrom Capital to initiate the second phase of it's residential project in Romania
Tuesday, May 6, 2014
BDY Invest real-estate developer, owned by Finnish investment fund Ahlstrom Capital, will initiate the second phase of a residential project in Bragadiru of 1,000 apartments, out of which 230 should be finalised by the end of the year.“BDY Invest will continue construction in residential complexes Scandinavia and Fortuna (Sos. Alexandriei) after collecting revenue of ...
Trade: Lee Cooper opens new standalone stores in Romania
Tuesday, May 6, 2014
Two new outlets will raise total store count in Eastern Europe to 102. Global fashion brand Lee Cooper continues with its retail expansion into Eastern Europe this month, with the opening of two new standalone stores in Romania. The brace of outlets will raise the store count in Romania to 29, and the total store count of Lee Cooper standalones in Eastern Europe to 102. The new stores include a 130 square ...
Infrastructure: Rotterdam Harbour interested in investing in Constanta Port South
Tuesday, April 29, 2014
Rotterdam Harbour authorities showed their interest in participating in the development of Constanta Port as strategic partner, the Transport Ministry announced in a press release, mentioning that the investment in the Southern part of Constanta Port may be made by a public-private partnership. Tlaks have been carried out lately about Constanta Port shares, Mayor Radu Mazare requesting the government to grant higher participating for the local ...
Romania's total length of railway lines was 10,768 km at the end of 2013
Tuesday, April 29, 2014
At the end of 2013 Romania had 10,768 km of railway in public use, shows data released on Friday by the National Statistics Institute (INS).According to the said source, standard gauge tracks account for a length of 10,630 km (98.7 percent), narrow gauge tracks account for four kilometers, and broad gauge rails measure 134 kilometers (1.3 percent).The railway density, expressed as total length of lines, in km, per 1,000 square kilometers, was 45.2 ...
Agriculture : Agriculture benefits from 15 bln euros in EU funds since 2003 till now
Tuesday, April 29, 2014
Romanian agriculture has benefited from 15 billion euros worth of European Union funds since 2003 till 2013, Minister of Agriculture and Rural Development Daniel Constantin told Realitatea TV news channel on Thursday.'Since 2003 till 2013, and even in 2014 as much as 15 billion euros have entered Romania from the pre-accession funds and other funds we have had access to. In 2003, when we had access to Sapard programme and hence the ...
First support measure under 2014-2020 framework starts on May 20
Tuesday, April 29, 2014
The first support measure for Romania's agriculturists under the 2014-2020 European allocations will start on May 20. As much as 150 million euros are already secured for projects, Agriculture Minister Daniel Daniel Constantin said Wednesday.'The absorption rate of European funds for agriculture in Romania is 70 per cent. I understand the first projects for the 2014-2020 allocations are being submitted,' Constantin told a Government ...
'Bio-Romania' Association backs pollution-proportional 'green VAT' on Romanian agri-food products
Tuesday, April 29, 2014
The 'Bio-Romania' Association of Organic Agriculture Operators proposed the authorities to implement the suggestively called 'green' VAT on Romanian agri-food products, with the charged rate standing in direct proportion to the degree of environmental pollution.'We want Romania to take the initiative of implementing the 'Green VAT' project in agriculture and the food industry and to make this a European success model. We want certified organic foods to be charged ...