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Economic

Real estate: Eurobank: Prices went up by 2.3% in quarter 4, 2013

Tuesday, February 4, 2014

Housing prices went up by 2.3% in the last quarter of 2013, compared to the same period of the previous year, after a period of stability throughout the year, According to the European Property Services index.   The EPS analysis shows that in downtown Bucharest prices grew suddenly in the fourth quarter, the evolution against 2012 being ...

Infrastructure: Ministry of Transports and Chinese partners might finish bullet train project this year

Tuesday, January 28, 2014

The Ministry of Transports and the Chinese partners might this year finish the project of the Romanian stretch of the bullet train connecting Vienna, Budapest, Bucharest and Constanta (south-eastern Romania), Romanian Minister of Transports Ramona Manescu told the Antena 3 TV station on Saturday, January 18.'We are talking together with the Chinese partners about the bullet ...

TAROM to operate Iasi - Tel Aviv flight from March 31

Tuesday, January 28, 2014

National airline TAROM will operate direct flights between Iasi (eastern Romania) and Tel Aviv from March 31, for prices starting from 99 euros for a return flight, all taxes included, the company announced in a release.There will be twice-weekly Iasi -Tel Aviv flights, on Monday and Thursday respectively.'We are delighted to meet the needs of our passengers in northeastern Romania by opening the Iasi - Tel Aviv flight in ...

Agriculture: Romania and Rep. of Moldova can grow back into Europe's breadbasket

Tuesday, January 28, 2014

Together, Romania and the Republic of Moldova can grow back into the breadbasket of Europe, through cooperation in agriculture, Romanian Minister of Agriculture Daniel Constantin said on Thursday, January 23, while attending the Eastern Partnership Ministerial Conference on Agriculture in Chisinau.'By working together in agriculture, Romania and the Republic of Moldova can jointly grow back into the breadbasket of Europe. Thanks to the facilities arising from its ...

Turtoi (APDRP): 6.02 billion euros entered economy since 2008

Tuesday, January 28, 2014

The amount of money that actually entered the economy since 2008 until the end of 2013 from the European funds for rural development stands at 6.02 billion euros and the largest part of this amount went to the rural environment of Romania, Agency for Payments for Rural Development and Fisheries (APDRP) Director General George Turtoi told Agerpres in an interview.'By the end ...

Tourism: Romania to become fashionable destination, tour operators expect

Tuesday, January 28, 2014

Romania will become a fashionable destination not only for Europeans, but also for North Americans and Asians, the general manager of Click2travel travel agency Catalin Mogosanu told Agerpres at the FITUR International Tourism Fair in Madrid on Thursday.'We are already on the right track. [The Romanian National Tourism Authority] ANT has a programme ready for compelling promotion on European markets, and the travel agencies intend to become partners of this ...

We expect good year for Romanian tourism (ANT)

Tuesday, January 28, 2014

The authorities in Romania are expecting a good year for the domestic tourism, especially in terms of Austrian tourists' arrivals, given that there is a significant increase in the interest in tourism with caravans, motorcycles and city-breaks, especially for Bucharest and Sibiu destinations, says the National Tourism Authority (ANT), based on the findings of a survey conducted by the Karmasin Motivforschung Institute and commissioned by the corporation RUEFA/Verkehrsburo ...

Buzau Land promoted as European Destination of Excellence by EC

Tuesday, January 28, 2014

The European Commission has recently made a video presentation for the Buzau Land (north-east of Bucharest, southern Moldova), promoting the region as an EDEN (European Destinations of Excellence) destination, with the theme Rural Tourism. 'In 2011, the Buzau County Council in partnership with the Buzau branch of ANTREC (the National Association of Rural, Ecological and Cultural Tourism - editor's note) submitted the documentation to participate in the EDEN ...

Cars: Imports of used cars up, sales of new cars down, in 2013

Tuesday, January 28, 2014

Sales of new cars went down 50.2 percent in 2013 against 2009, while imports of used cars climbed 4.23 percent, in Romania, according to a report presented at a press conference by the experts from Autovit.ro.Thus, sales of new cars totaled 57,710 units in 2013, compared with 116,012 units recorded in 2009. On the used cars segment, there was recorded an increase in sales from 212,836 in 2009 up to 221,852 units last year.As regards the ...

Healthcare: Olsavszky (WHO): Romania tops European statistics on cervical cancer

Tuesday, January 28, 2014

Romania ranks first in Europe by deaths from cervical cancer, show World Health Organization statistics presented recently by WHO representative in Romania Victor Olsavszky.'Romania tops statistics on deaths from cervical cancer in the European Region, and the WHO European Region is much broader than the EU region. In 2010, Romania had 10.5 deaths per hundred thousand inhabitants caused by cervical cancer, as to three in the EU, and four in the European Region. ...

Infrastructure: Investors Interested in Building 3 New Bulgaria-Romania Danube Bridges

Tuesday, January 21, 2014

Romanian and Bulgarian investors have expressed interest in building three new bridges over the Danube, according to Prime Minister Plamen Oresharski. Speaking Friday in Parliament, he said that the new bridges over the Danube at Silistra-Calarasi, Oryahovo-Beckett and Nikopol-Turnu Magurele were included in the action plan of the ...

Sova: Max. rate payable as of 2017 to builder of Comarnic-Brasov motorway - 52,000 euros per month and km

Tuesday, January 21, 2014

The maximum rate payable by the Romanian state to the builder of the Comarnic - Brasov motorway section (country center) as of from 2017 is 52,000 euros per kilometer, resulting in an aggregate amount of 3.12 million euros, Minister-delegate for Infrastructure Projects of National Interest and Foreign Investments Dan Sova told a press conference on Thursday.'At this moment it is very difficult to make a judgment, because the 'financial ...

President Basescu: Concrete steps necessary to advance Caspian - Black Sea transport line

Tuesday, January 21, 2014

Concrete steps are necessary this year to move forward the project of the transport line between the Black Sea and the Caspian Sea, President Traian Basescu declared on Wednesday.'An important project of interest for us is promoting a commercial and transport relation from the Black Sea to the Caspian Sea in quadripartite format, together with Georgia, ...

Tourism : Minister Varga: We will finance tourist development pilot project in Apuseni Mountains

Tuesday, January 21, 2014

The Apuseni Mountains (central and western Romania) might become an extraordinary pole of tourist development, as the Ministry of Environment and Climate Change intends to finance the study of a pilot project for the development of tourism and economy, the Minister Delegate for Forests, Waters and Fisheries Lucia Varga declared on Thursday, January 16, at Oradea (western Romania).'We intend to finance a pre-feasibility study to promote ...

Agriculture : Topoloveni plum butter to be present at Green Week in Berlin for sixth time

Tuesday, January 21, 2014

The Sonimpex producer at Topoloveni (southern Romania) will present, at the International Green Week in Berlin, the Topoloveni plum butter for the sixth time in a row, a Romanian brand that was on display for the first time at the Green Week exhibition in 2008.Over January 17-26 Berlin, Germany, will host the International Greek Week, the international exhibition for food industry, agriculture and gardening. The Topoloveni plum butter ...

GIS technology to keep record of wooded properties and hunting areas

Tuesday, January 21, 2014

Minister-delegate for Water, Forests and Fisheries Lucia Ana Varga announced on January 16 in Oradea (western Romania) that a forestry information system would be implemented with Swiss support as a pilot-approach in three counties, but also throughout the country for hunting areas.'The project is aimed at providing the necessary data for strategic decisions regarding the sustainable management of forest ecosystems and will be ...

AgriMin Daniel Constantin: 2014 European funding uptake target is 2.9 bln euros

Tuesday, January 21, 2014

Our target is to attract 2.9 billion euros in European funding this year, in direct payments and rural development, and I hope that we succeed because allocations under Pillar I have increased, but we are also in the final two years of the period of the National Program for Rural Development, Minister of Agriculture and Rural Development Daniel Constantin declared ...

AgriMin: We submitted modifications to farmland sales law so Basescu can sign it

Tuesday, January 21, 2014

The Minister of Agriculture Daniel Constantin has submitted during the Government meeting on Wednesday a note on the modifications to the law on farmland sales, so that President Traian Basescu signs it as soon as possible.'I have submitted a note to the prime minister on the modifications I intend to make, first to the Agriculture Committee of the Senate, then to that of the Chamber of Deputies, following the re-examination request ...

Surplus in agri-food trade balance of 182-m euros January through October 2013

Tuesday, January 21, 2014

Minister of Agriculture, Daniel Constantin, on Wednesday stated that the agri-food trade balance maintained an upward trend in 2013, with a surplus value of 182 million euros recorded after the centralization of the data for the first ten months of last year, compared with a deficit of 532 million euros recorded in the same interval of 2012.'I have presented today at the government meeting and especially to the Prime Minister the ...

Health: Pharmaceutical market registered 2% value increase in 2013

Tuesday, January 21, 2014

The Romanian pharmaceutical market concluded 2013 with a 2% increase in value and stagnation in volume, according to APMGR president Dragos Damian, who is also general manager of Terapia Ranbaxy. He considers that if we take into account parallel exports, the industry registered in fact a 10% drop.   Damian enumerated some of the causes ...

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