Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

EC approves almost 83 million euro co-financing of building Brasov ring road

Tuesday, December 17, 2013

The European Commission (EC) on Wednesday approved an 82.7 million euro investment from the European Regional Development Fund for building an 18.5 km long ring road for the city of Brasov (central Romania), informs a release published by the EC in Brussels. The project aims to improve the accessibility of the seventh biggest city in Romania to the benefit of industry, business and tourism. When the project is carried out they are to create 740 ...

Tourism : Over 90 percent of tourists buying winter holidays packages are Romanians

Tuesday, December 17, 2013

Over 90 percent of the tourists choosing to spend their winter holidays in Romania buying dedicated packages through travel agencies are Romanians, Bibi Touring Touroperator Director General Adrian Voican told Agerpres.'For the winter holidays, Christmas and New Year's Eve, but also for the winter season in general, under 10 percent of the tourists in the mountain resorts of Romania are foreigners. They come from countries such as Russia, the Republic of Moldova, ...

Telecom.IT: Number of active users of mobile telephony in Romania amounts to 22.6 million

Tuesday, December 17, 2013

The number of active users of mobile telephony in Romania amounted, in the first six months of 2013, to 22.6 million people, a number that includes people who use both subscriptions and prepaid cards, according to the data presented by Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM), at a specialist conference on Tuesday. The ANCOM report shows that of the 22.6 million users ...

Real Estate: Number of real estate deals increases by 92,000 January through October 2013

Tuesday, December 17, 2013

The number of real estate deals increased by more than 92,000 January through October this year, compared with the same interval last year, up to 673,517, showed a release of the National Cadastre and Real Estate Publicity Office.In the first ten months of 2013, the highest number of real estate deals were concluded in Bucharest - 48,343, Timis - 40,620 and Arad - 34,854 ...

Healthcare: EU food safety agency says aspartame poses no risk for consumers

Tuesday, December 17, 2013

Aspartame, the artificial sweetener used in light food products and soft drinks, does not pose risks to the general population, the European food safety agency (EFSA) said on Tuesday (10 December). It urged the Commission to strengthen the confidence of consumers, hoping to overcome the mistrust of citizens towards the additive. After considering the results of hundreds of studies, ...

Romania to transpose into national law Directive on cross-border patients' rights

Tuesday, December 17, 2013

In the next period Romania will transpose into national law the Directive on patients' rights in cross-border healthcare, Minister of Health Eugen Nicolaescu declared in Brussels on Tuesday.'Romania is in the stage where this Wednesday, or if not next Monday, in the upcoming two Government sittings, it will pass an urgency ordinance on the full transposition of this European directive. After that, I am sure we'll have to come up with ...

Infrastructure: CFR Marfa becomes member of Viking Project

Tuesday, December 10, 2013

Ramona Manescu, the minister of transports signed in Brussels on Thursday a memorandum with her Lithuanian counterpart Rimantas Sinkevicius by which CFR Marfa becomes a member of the Viking Project for railway transport next to similar companies from Lithuania, Bulgaria, Ukraine, Moldova and Turkey.   “As of today, CFR Marfa is in ...

Chinese will build motorway in Romania if they participate in tenders under European conditions, win them

Tuesday, December 10, 2013

The Chinese investors who want to build motorways in Romania firstly have to participate in tenders under European conditions and win them, Minister-Delegate for Infrastructure Projects of National Interest and Foreign Investments Dan Sova told Realitatea TV on Thursday evening.'Otherwise they cannot. When the Chinese came here, the premier, I and everyone else said: they may participate in tenders or in competitive negotiations and ...

CNADNR signs contract for sector 2 of Timisoara - Lugoj motorway, worth over 423 million lei

Tuesday, December 10, 2013

The National Company for National Roads and Motorways of Romania (CNADNR) on Wednesday, December 4, signed the contract for the design and execution of the sector 2 of Timisoara - Lugoj motorway, worth over 423 million lei (about 94.6 million euros), without VAT.According to a CNADNR release remitted to Agerpres, the contract was assigned to the Association Tirrena Scavi Spa - Societa Italiana Per Condotte d'Aqua Spa.'The ...

Minister Sova: Bucharest-Alexandria motorway is part of 4thA Corridor, costs 400 mln euros to be built

Tuesday, December 10, 2013

The costs for building a motorway linking Bucharest to Alexandria (80 km south-west of the capital) are put at 400 million euros, Romanian Minister-delegate for Infrastructure Projects of a National Interest and Foreign Investments Dan Sova has said, adding the traffic surveys show the project equals motorway traffic. The minister explained the Bucharest - Alexandria section is part of the South Motorway linking Bucharest - Alexandria - ...

Ponta: We have four fund sources for motorway, including the excise duty for fuels

Tuesday, December 10, 2013

Romania has only four sources of funds for building motorway, namely the cohesion funds, the funds that exist for regional development, the public-private partnerships and the state budget, with this last chapter meaning an amount between 750 million euros and one billion euros, Prime Minister Victor Ponta on Tuesday told the Parliament.'We only have four sources to get the necessary amounts. The cohesion funds can provide us money for ...

Another four motorway stretches totaling 105 km to be commissioned by year-end

Tuesday, December 10, 2013

Four motorway stretches totaling 105 kilometres will be commissioned by year-end, Romanian Prime Minister Victor Ponta said at the Palace of Parliament on Tuesday.Ponta cited such projects that are either already funded, are undergoing works or are close to being opened or pending tender as the motorway linking the western Romanian checkpoint Nadlac to Arad and western Timisoara to Lugoj - Deva - Sibiu (central Romania), on which ...

USL's strategy regarding the motorway construction indicates 2018 as possible deadline

Tuesday, December 10, 2013

The strategy of the Social Liberal Union (USL, at rule) regarding the construction of motorway gives as possible deadline the year 2018, Prime Minister Victor Ponta said on Tuesday, on the occasion of the presentation of the Motorway Network Development Strategy 2014-2018 of the reunited parliamentary groups of the USL. Ponta told the USL MPs that the Union's strategy regarding the construction of motorway should make the object of a ...

Comarnic-Brasov motorway to be finished in late 2016

Tuesday, December 10, 2013

The contract for the motorway connecting Comarnic (southern Romania) to Brasov (central Romania) will be signed by the end of this year and the motorway will be finished in late 2016, Premier Victor Ponta told the Antena 3 TV channel on Monday evening.'I assure you that we are in a very advanced stage and sign Comarnic-Brasov this year. Next year we have the money set aside for the Transilvania motorway, the one that started being built ...

Agriculture: Germans and English regenerate forests with Romanian fir trees, grown at Avrig, Sibiu County

Tuesday, December 10, 2013

More and more numerous forests in Germany and England have Romanian fir trees of the seeds that were reaped from the five hectares of the plantation at Avrig, Sibiu County (central Romania), at the foot of the Fagaras Mountains, Ioan Terea, director of the Forestry Directorate in Sibiu, told Agerpres. Both the Germans and the English pay the Romanians 80 euros for every kilogram of seeds of Romanian fir tree (Abies Alba) to regenerate ...

Romania has drawn 2.35 billion euros from funds meant for agriculture, rural development

Tuesday, December 10, 2013

Romania has drawn this year about 2.35 billion euros from the European funds meant for agriculture and rural development, a sum that is very close to the aim for 2013, 2.5 billion euros, Minister of Agriculture Daniel Constantin told a relevant conference on Thursday. 'Of course, expectations were much higher, especially in point of investments, where I think one could do more if businesses too had a larger absorption capacity,' said ...

Asian market is strategic target of Romanian wine producers

Tuesday, December 10, 2013

 The Asian market is a strategic target of Romanian wines, special emphasis being laid on the Chinese market, where the growth rate of the wine consumption was about 15 percent in 2006-2011, informs the National Employers' Association of Vine and Wine (PNVV).'The People's ...

Cars: Dacia car sales grew by 18% in France in November

Tuesday, December 10, 2013

7,315 new Dacia cars were sold in France in November 2013, on the rise by 18% compared to 6,199 units sold in the same period of 2012, say data published on Monday by the French Automobile Constructors’ Committee, according to Reuters.   Car sales in France dropped in November by 4.4% after two consecutive months of growth. There was a ...

Real estate: Construction licenses for residential buildings on the drop by 13% in October

Tuesday, December 10, 2013

3,258 construction licenses for residential buildings were issued in October, on the drop by 13% compared to September 2013 and by 1.9% against October 2012, according to INS data. 61.9% of the total number of building licenses for residential buildings are in the rural area.   According to the National Institute of Statistics (INS), in ...

Study:Rents for best areas in Bucharest went down

Tuesday, December 10, 2013

The dropping tendency of rents was more visible over October 2012-October 2013, for the best areas of the Capital, while prices requested for less interesting areas remained constant or even went up in places, according to a study made by Imobiliare.ro.   Single room apartments in 1 Mai area became cheaper by 7.1% to an average price of 260 ...

Premium News

Daily

Monday, November 18, 2024

Financial & Banking

Monday, November 18, 2024

Economic

Tuesday, November 12, 2024

Companies

Wednesday, November 13, 2024

Energy & Environment

Thursday, November 14, 2024