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Real estate: Bucharest in Top 10 of most attractive real estate markets in Europe
Tuesday, January 21, 2014
The most attractive ten markets in Europe for real estate investors are Bucharest, Warsaw, Dublin, Amsterdam, Milan, Barcelona, Rome, Madrid, Brussels and Luxembourg, BNP Paribas Real Estate consider. “While Great Britain, Germany and France represent 80% of the real estate market in Europe, the investors’ interest has grown ...
First House program helped housing developers in 2013
Tuesday, January 21, 2014
The sales of new houses had a good evolution in 2013, the First House program remaining the main engine in the residential sector, while in 2014 the market will continue to depend on the crediting policy of banks and by government support measures. “We can no longer speak about crisis but about a market re-adjustment – real ...
Trade: Kaufland ends 2013 with 8 new hypermarkets and continues expansion in 2014
Tuesday, January 21, 2014
Kaufland Romania will continue its expansion rate in 2014 and will open new stores in Bucharest and in the country, after concluding 2013 with 8 new hypermarkets, according to retailer data.Kaufland investments ranked between 48 and 72 million euro, considering that the average investment in hypermarkets is 6 to 9 million euro, according to city, land value and store area.At present Kaufland network included 89 stores at national ...
Cars: Dacia – highest sales increase in EU in 2013
Tuesday, January 21, 2014
Dacia sales in EU went up by 23.3% to 289,000 new automobiles, last year, the highest increase in EU. The Romanian brand, owned by Renault, had a market share of 3.2% in December, according to ACEA data. In December, Dacia sales in EU went up by 48.2% compared to the same period of 2012, from 19,300 to 28,700 automobiles, the company ...
Tourism: Romania will open tourist promotion offices in Tokyo, Tel Aviv and Brussels
Tuesday, January 14, 2014
Romania will open this year three tourist promotion offices in Tokyo, Tel Aviv and Brussels, but will give up activity in Paris, said Maria Grapini, delegate minister for small companies, business environment and tourism.“We will open Romania’s tourist promotion office in Japan. I would like to have the office already opened in September when the tourist fair is held in Japan,” the minister ...
Infrastructure: Government sets up department for Siret-Baragan canal
Tuesday, January 14, 2014
The government decided to set up the Siret-Baragan Canal Administration which will elaborate studies and technical- economic documents for the design and carrying out of the Siret-Baragan Canal, a project approved 26 years ago and shut down because of the shortage of funds.The Administration will function as an autonomous company, will have attributions to hire specialized consulting services, to buy equipment, installations, to make receptions and ...
Wizz Air Romania traffic at 3.2 ml in 2013
Tuesday, January 14, 2014
Low-cost carrier Wizz Air has flown 3.2 million passengers in Romania in 2013, by 14% more than in the year before, shows a company release.'In 2014 we plan to open new routes from Craiova (south-west of Bucharest) to Barcelona, Bologna, Dortmund and Ciampino - Rome, which will add to our domestic service of 72 routes,' reads the release.According to Wizz Air, the average occupancy ...
Trade: Most Romanians do shopping modernly, as well as traditionally
Tuesday, January 14, 2014
Nine in ten Romanians do their shopping modernly, as well as traditionally, according to a study conducted by GfK Romania.Modern retail is increasingly more present in the lives of Romanians, having covered in H1 as much as 53% of the total value of consumer products.Kaufland, Carrefour and Lidl are the strongest retail chains in Romania, according to the results of the GfK Romania's study. They are the top three players in terms of ...
Romania's Jan - Sept beer imports up almost 30 pct
Tuesday, January 14, 2014
Romania's beer imports by the end of September 2013 stood at 45,532.3 tonnes, by 29.5 pct higher compared to the same period of the previous year, when the figure of imports was 35,155 tonnes, shows the agri-food trade balance provided by the Ministry of Agriculture and Rural Development (MADR).The value three-quarter beer imports was in excess of 22.8 million euros and over 20% higher compared to the 18.9 million euros registered in ...
Romania's retail turnover declined 0.1 pct January through November 2013
Tuesday, January 14, 2014
Romania's retail turnover volume (excluding trade in motor vehicles and motorcycles) in the period January 1 - November, 31, 2013 decreased from the similar period of 2012 by 0.1 percent, according to data released on Wednesday by the National Statistics Institute (INS).The 0.1 percent drop in the retail turnover January through November 2013 was mainly due to a drop in the fuel retail for ...
Eurostat:Romania sees EU's second largest decrease in retail trade
Tuesday, January 14, 2014
Romania's retail trade fell 0.3% in November 2013 compared to the previous month, in what is the second largest decrease recorded by a EU member country, according to data released on Wednesday by the European Statistical Office (Eurostat).Conversely, in the euro area, retail trade expressed as seasonally adjusted figures rose 1.4% in November 2013 compared with October 2013, while among the ...
Romania registers positive balance in furniture trade, in eight months of 2013
Tuesday, January 14, 2014
Romania registered a surplus worth over 830 million euros in the trade with furniture, furniture components and wood, in the first eight months of 2013, show the centralised data of the Association of Furniture Producers of Romania (APMR).The furniture imports stood at 250.373 million euros (226.4 million euros in the first 8 months of 2012), while exports totalled 1.080 billion euros in the ...
Healthcare: 232 pediatric heart surgeries performed by doctors of Targu Mures Institute for Cardiovascular Diseases
Tuesday, January 14, 2014
The surgeons of the Targu Mures Cardiovascular Surgery Institute (central Romania) have performed 232 pediatric heart surgeries in 2013 to repair congenital heart defects, with 49 of them representing emergencies and 31 being performed on newborns (0-28 days of age), according to a Health Ministry press release.Also in 2013, the Health Ministry launched the Pediatric Cardiovascular Surgery ...
2013 - A year of health care reforms and protests too
Tuesday, January 14, 2014
2013 has been a year of the reforms in health care, with the Health Ministry putting to public debate several planned laws on the basic package, the civil liability of the medical personnel and of the medical products- and services supplier and the organization and funding of internship.Furthermore, another draft law launched to public debate is the one relating the implementation of a pilot project aimed to boost the incomes of the ...
Agriculture: 2013 - EU programmes for agriculture bring extra 10 bln euros to Romania economy
Tuesday, January 14, 2014
The European Union programmes for agriculture, rural development and fisheries have brought the Romanian economy an extra 10 billion euros during 2007 - 2013, of a total 14.5 billion euros Romania has available and 2013 was the year of the 'final battle' for contracting all these funds.The Romanian beneficiaries got 5.7 billion euros of the funds allotted by the EU under the National Programme ...
Wine export down 3%, cash up by 12%
Tuesday, January 14, 2014
Romania exported in the first nine months of 2013 some 7,957.5 tones of wines and vermouths from fresh grapes, down by 3.31% against the same period of 2012, when exports totalled 8,230.6 tones, according to the trade balance with agri-food products released by the Ministry of Agriculture and Rural Development (MADR).Although the wine amount exported was smaller, the cash totalled 12.41 million ...
2013-Record agriculture production backing Romania economy above expectations this year
Tuesday, January 14, 2014
Agriculture - the sector having registered plant productions ranked as 40-year records and having backed the Romanian economy above expectations - has been the 2013 star.From 1.6 percent forecast in this spring, the Romanian economic growth was revised upwards to 2.2 percent for year-end, with the increase in the agricultural gross added value being put at 11.9 percent, up from an original 6.4 percent.Against the background ...
Salaj County, national leader in production of cultivated mushrooms
Tuesday, January 14, 2014
About one third of the national production of cultivated mushrooms comes from Salaj County (north-western Romania), according to the estimates made by experts in the field. In this county there is also the biggest mushroom producer in Romania.According to the data of the Agricultural Directorate in Salaj County, they produce here about 7,000 tonnes of mushrooms a year, whereas the national annual production is estimated at about 20,000 ...
AgriMin Daniel Constantin: sums allotted for area payment to stand at 1.6 bn euros in 2014
Tuesday, January 14, 2014
The sums allotted for area payments will stand at 1.6 billion euros in 2014, 178 euros per ha respectively, Minister of Agriculture and Rural Development Daniel Constantin told Romania TV on January 7.'I am talking about the applications that will be submitted to the APIA (the Agency for Payments and Intervention for Agriculture) until May 15 this year and the payments that will start at the ...
Romania imports 77,000 tons of vegetables worth EUR 42 mln in first 9 months of 2013
Tuesday, January 14, 2014
Romania spent more than 42.06 million euros in the first 9 months of 2013 to import a quantity of about 77,000 tons of vegetables (tomatoes, cucumbers, onion and garlic) from EU and non-EU markets, nearly three-fold higher compared to similar exports totalling 14.85 million euros, according to data released by the Agriculture and Rural Development Ministry (MADR). Over 76,881.5 tons of ...