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Real estate: Analysis of the Romanian real estate market
Tuesday, March 4, 2014
The budget allocated for the purchase of a one-room apartment 6 years ago is now enough to buy a new apartment with 3 or 4 rooms or even a house and courtyard because of prices dropping since the beginning of the financial crisis. “Before the economic recession period, 60,000 euro was a modest amount to buy an apartment. In March ...
Construction permits for residential buildings down 7.1 percent in January
Tuesday, March 4, 2014
In January 2014, as many as 1,573 construction permits for residential buildings were released, approximately 7.1 percent down compared to the similar period of 2013, according to data released on Monday by the National Institute of Statistics (INS).As many as 1,694 construction permits for residential buildings were released in January 2013.According to INS, 65 percent of the 1,573 construction permits for residential ...
Agriculture: Chinese investors negotiate buying cattle farms in Romania
Tuesday, March 4, 2014
Chinese investors are negotiating the take over of several farms in Romania, especially milk cows and vegetal farms, says the minister of agriculture, Daniel Constantin.“The Chinese minister of agriculture will visit us in late March- beginning of April. Since the visit of the Chinese premier many Chinese investors have visited Romania and many transactions are going to be concluded. They want to buy cattle farms, milk processing units and ...
Measures for storing consumption seed, regime of storage certificates for these
Tuesday, March 4, 2014
The Government has approved a draft law on measures for storing consumption seeds and the regime of storage certificates for these, Agriculture Minister Daniel Constantin said on Wednesday.He informed that the norm-setting document under consideration improves the relevant legislation, regulating the licensing of storage facilities, especially grain ones, and also the ...
Romanian agri-food products should be promoted to companies, not to end-consumer
Tuesday, March 4, 2014
Romania should promote its agri-food products more at the international trade fairs, where contracts can be signed, rather than at those for the end-consumer, where there is retail trading, believes State Secretary in the Ministry of Agriculture and Rural Development (MADR) Daniel Botanoiu.In an interview for AGERPRES, the MADR official says that Romania will deliver to ...
Romania's agri-food trade running EUR 4.65 bln surplus at end-November 2013
Tuesday, March 4, 2014
Romania's agri-food trade was running a surplus of 301.1 million euros over the first 11 months of 2013, compared to a deficit of 650 million euros in the same period of 2012. The sector's trade balance will definitely end 2013 in the positive, Secretary of State for Agriculture and Rural Development Daniel Botanoiu said in interview with AGERPRES.'We will definitely be in the black at the end of 2013 but 11-month data available so far ...
Infrastructure: Tarom will have direct flights Iasi-Milan as of June
Tuesday, March 4, 2014
Tarom introduces the Iasi-Milan flight as of June 4, twice a week on Wednesdays and Fridays, the company informs.“Flights to and from Milan will be made by Boeing 737 airplanes. We think the new direct flight will consolidate the link between the two cities and will increase business and tourist traffic”, said Christian Heinzmann, the general manager of the company.Tickets will be available at prices of 120 euro for return flights, ...
Iasi Airport, included in European rankings reflecting spectacular increase in number of passengers
Tuesday, March 4, 2014
Iasi International Airport (eastern Romania) has been included this year in the rankings of the website anna.aero (Airline Network News & Analysis), at No 7 among the fastest-growing airports (the airports that have seen the most spectacular increase in passengers' number compared with 2012).The analysis of anna.aero included 300 airports in 43 European countries, which recorded at least ...
Tourism : Arrivals in Romanian tourist structures go down by 0.4 percent in January
Tuesday, March 4, 2014
Arrivals in the tourist accommodation structures in Romania dropped by 0.4 percent in January 2014 from January 2013, down to 425,000, and the number of nights spent decreased by 2.3 percent down to 840,000 from the same period of last year, according to the provisional data made public by the National Institute of Statistics (INS) on Monday. In December 2013 more than 498,000 people arrived in the tourist structures in Romania, 18.2 ...
Cars: New Ford Focus equipped with 1.5l EcoBoost engine manufactured at Craiova plant
Tuesday, February 25, 2014
The new Ford Focus to be launched at the Barcelona Mobile World Congress,and then to be presented at the Geneva International Motor Show, is equipped with the new 1.5l EcoBoost engine manufactured at the Craiova plant (southern Romania)The first units of the 1.5l EcoBoost engine will be shipped from Craiova to the Focus assembly plant in Saarlouis, Germany, in the second half of the year, according to the representatives of Ford Romania.'We are very ...
Renault Romania CEO: Test benches to be made for EURO 6 engines at Mioveni
Tuesday, February 25, 2014
Renault Romania CEO Nicolas Maure said on Monday that at the plant at Mioveni (southern Romania, 129 km north-west of Bucharest) test benches for EURO 6 engines would also be made.The statement was made on signing six financing contracts suggested by the Auto Muntenia Pole and the framework agreement on the compulsoriness to achieve the minimum integrated package of projects suggested by the Auto Muntenia Pole.'Test benches for EURO 6 engines will also ...
Dacia motorcar sales in January make most significant progress in Europe
Tuesday, February 25, 2014
The sales of Dacia motorcars in January 2014 made the most significant progress in Europe (the EU plus the EFTA) and the market share of the Romanian car manufacturer increased from 2.2 percent to 2.9 percent, according to the statistics of the European Automobile Manufacturers' Association (ACEA), which were published in Tuesday. Dacia motorcar registrations amounted last month to 28,519, up by 38.1 percent from January 2013 (20,648), ...
Tourism: Sibiu to be advertised at ITB Berlin 2014 travel trade show
Tuesday, February 25, 2014
Romania's Sibiu City will be promoted at the ITB Berlin 2014 travel trade show, March 5-9, according to Sibiu Mayor Klaus Iohannis.'The fact that we participate in the most important national and international travel trade shows is one of the very important elements of our strategy for advertising Sibiu. The results after these participations are hard to calculate, but, of course, the fact that Sibiu participates in these events represents an occasion for visitors ...
Healthcare: Last year's drug supplies to Romanian patients worth almost RON 12 bln
Tuesday, February 25, 2014
Prescription drugs released to Romanian patients last year were worth a total of RON 11.75 billion, in a period that saw the relevant market stagnating, reveals the Pharma & Hospital Report presented on Thursday by market research company Cegedim Romania.'The total amount of medicines released to patients in 2013 was RON 11.75 billion, by 0.3 percent higher compared to 2012. The value of prescription drugs bought from pharmacies was RON 8.39 billion, down 0.8 ...
Infrastructure : EC starts infringement in Romania's case for failing to apply directive on single European railway area
Tuesday, February 25, 2014
The European Commission (EC) informed on Thursday of sending a reasoned opinion to Romania by which the community executive requests this country to have correct prices for using the railway infrastructure and ensure the financial sustainability of the administrator of its infrastructure.The EC voices concern for the financial balance of the main administrator of the ...
More than 8.23 million passengers on Romanian airports January through September 2013
Tuesday, February 25, 2014
Over 8.23 million passengers embarked or disembarked in the Romanian airports January through September last year, according to statistics made public by the Ministry of Transports.Of this total, more than 4.14 million passengers departed from the Romanian airports, while the remaining 4.08 million arrived in Romania.As many as 846,000 passengers were recorded for taking the domestic routes, while international flights carried 7.39 million ...
Rebuilding infrastructure of Craiova Airport to cost approx. 108 million euros
Tuesday, February 25, 2014
Infrastructure of the Craiova Airport, southern Romania, will be rebuilt on 108 million euros, the Ministry of Transport announced last week. Under a financing agreement signed by the Minister of Transport, Ramona Manescu, the airport will use European funds to rebuild its track, including repairing and expanding its runway and building a new terminal to increase passenger handling from two to eight people.Moreover, the electrical installations for ...
Agriculture Ministry contemplating developing land market website
Tuesday, February 25, 2014
Romania's Agriculture Ministry is contemplating developing a specialist website to follow the developments in Romania's land market, after the coming into force of a law on the sale of farmland located out of city borders, State Secretary with the Ministry of Agriculture and Rural Development (MADR) Daniel Botanoiu told Agerpres.'The Agriculture Ministry is contemplating ...
Telecom.IT : 1.32 percent of Romanian households have broadband fiber optic Internet connections
Tuesday, February 25, 2014
Romania ranks 23rd in Europe, with a total number of 99,000 users, accounting for 1.32 percent of the total number of households in this country, who have a broadband fiber optic Internet connection, according to a chart compiled by Fiber to the Home (FTTH) Council Europe .Romania entered the FTTH chart on the 15th position in 2010 with an Internet penetration rate of 1.1 percent. In 2013, the total number of users increased by 10 ...
Facebook hits 7 mln Romanian users
Tuesday, February 25, 2014
The number of the Romanian users of social network Facebook hit 7 million, 94.69 percent of whom have set the town they come from, shows data quantified by facebrands.ro, a website monitoring the pages created on Facebook on a local level.According to it, most of the users of the services made available by the socialising portal are from Bucharest, i.e. nearly 1.46 million users (22.02 percent of the total), with Cluj-Napoca ranking next (260,040 persons, 3.92 ...