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Minister of Transport: We are definitely not selling TAROM
Tuesday, December 3, 2013
Minister of Transport, Ramona Manescu, assured that the Ministry has not even the slightest intention to sell TAROM and confirmed the acquisition of new aircraft, so that, in the medium and long run the airline to be able to regain its position and become a powerful brand again.'We are not selling TAROM. We are definitely not going to sell TAROM. You might have noticed that I'm not someone who will hurry to sell. In general, I prefer to ...
General transport strategy drawn up with WB and master plan for transports
Tuesday, December 3, 2013
Romania will have a general transport strategy, drawn up together with the World Bank (WB), which is being approved by the Ministry of Transports, and a master plan for transports, which will be finished in early February 2014, relevant minister Ramona Manescu told the Realitatea TV channel on Sunday.'The master plan will include the priorities, the priorities Romania has for the time to come. The most important novelty I think we must ...
Trade: Gusturi romanesti products are sold in Delhaize shops in Belgium
Tuesday, December 3, 2013
Starting on November 20, three Delhaize shops in Brussels, Belgium, began selling 14 Gusturi romanesti products and two sorts of Romanian wine, reads a release sent by the Mega Image supermarket chain, which is part of the Delhaize Group.'Mega Image supports the initiative of Romania's Embassy to Belgium concerning the inauguration of some stands exhibiting Gusturi romanesti products in three shops of the Delhaize Group in Brussels ...
Agriculture: Romanian farm and food produce might soon be promoted through new European Commission policy
Tuesday, November 26, 2013
Romanian farm and food produce might soon be promoted through a new promotion policy all over Europe, with a clearly defined strategy, a larger budget supported by a European agency, under the motto 'Enjoy, it's from Europe,' in keeping with an initiative that was presented by European Commissioner for Agriculture and Rural Development Dacian Ciolos in Brussels, on Thursday, November 21.'Like any European produce, Romanian produce can ...
Minister of Agriculture: Sunflower production - 2.088 million tonnes, corn production - 10.7 million tonnes
Tuesday, November 26, 2013
Sunflower production reached 2.088 million tonnes this year, while the production of corn reached 10.7 million tonnes, according to an announcement the Minister of Agriculture and Rural Development, Daniel Constantin, at a press conference on Thursday.'The 2013 sunflower campaign is already completed, our country reaching a record production of 2.088 million tonnes. In 2012, our total production of sunflower stood at 1.3 million tonnes. ...
Trade deficit in agri-food products - reduced 3.5 times by massive exports of wheat, maize, cigarettes
Tuesday, November 26, 2013
Romania's trade deficit in agri-food products decreased by 3.5 times in the first eight months of this year, to 137.62 million euros, compared to 485.61 million euros recorded in the same period of last year, mainly due to the exports of wheat, cigarettes, maize and sunflower seeds, according to the data provided by the Ministry of Agriculture and Rural Development (MADR).Romania exported in the first eight months of this year 6.38 ...
Telecom.IT: RCS&RDS holds half Romanian landline Internet services market
Tuesday, November 26, 2013
RCS&RDS company controlled by Romanian Zoltan Teszari from western Oradea has won around half a million new clients for the landline Internet services in two-and-a-half years, thus now accounting for half this communications market segment, with over 1.6 million subscriptions. The information is carried by the bond issue prospectus launched earlier this month, by which the company took out 450 million euros in loans from the ...
Cars: New motor vehicle sales down 9.8 pct January through October (APIA)
Tuesday, November 26, 2013
New motor vehicle sales in Romania dropped 9.8 percent January through October this year, out of which 8.3 represented the drop in the passenger cars segment only, compared with the same interval in 2012, according to data released on Thursday by the Association of Automotive Manufacturers and Importers (APIA).With a total volume of 8,295 units sold in October and 65,747 units (55,400 of which were cars) sold in January-October, the ...
Some 11,000 new vehicles purchased by 2013 Old Car Scrappage scheme
Tuesday, November 26, 2013
As many as 10,938 new vehicles were purchased by the Romanians by the Old Car Scrappage scheme, the 2013 edition, out of a total 46,667 new cars registered in the ten months of the year, the chairman of the Environment Fund Administration told a conference on the automotive sector on Thursday.Adrian Gearap explained that the average age of the cars scrapped by the scheme this year stands at 22.5 years.The Old Car Scrappage ...
Increase in Dacia registrations in EU, decrease in new car registrations in Romania
Tuesday, November 26, 2013
The sales of Dacia motorcars made good progress in Europe (the EU plus the EFTA) and the market share of the Romanian car maker increased to 2.4 percent from 2.1 percent, according to the statistics of the European Automobile Manufacturers' Association, which were published in Tuesday.Dacia car registrations in Europe amounted last month to 24,987 cars, up by 16.4 percent from October 2012 (21,475 cars).Over January-October ...
Tourism: Cruise season in Constanta harbour with 54,000 tourists
Tuesday, November 26, 2013
Over 54,000 passengers arrived in Constanta Harbour in 2013 cruise season, 60% more than in 2012. 69 passenger ships arrived in the harbour this year, compared to 52 ships in 2012.Nicolae Ionescu, the manager of CNAPM (“Maritime Posts Administration” National Company) mentioned on Monday that the cruise season had remarkable results this year compared to previous ones, substantially ...
Romanian tourism has attained degree of absorbing European funds amounting to about 22 percent
Tuesday, November 26, 2013
Tourism has registered the highest degree of absorbing European funds, 21.7 percent, from 6 percent in 2012, said president of the National Authority for Tourism (ANT) Razvan Filipescu on Tuesday.'We have started a strategic campaign meant to access European funds. We have the highest degree of increasing funds. We have reached a 21.7 percent absorption degree, therefore, about 22 percent, from 6 percent in 2012,' Filipescu told a ...
Trade: 50 new retailers from France, Spain, Italy, Germany and Turkey have in view local market
Tuesday, November 26, 2013
The Romanian retail market has become more and more attractive for investors, while global capital has increased in Central and Eastern Europe. 50 new retailers from France, Spain, Italy, Germany and Turkey are now analyzing the local market. “About 40% of retailers interested in Central and Eastern Europe are analyzing the market in ...
Durables' market, up 6% in Q3 (GfK)
Tuesday, November 26, 2013
Q3 has been so far the best quarter in 2013 for the durables' market both in terms of the total value recorded, 410 million euros respectively, and a growth rate of almost 6% from the same period in 2012, according to a GfK TEMAX Romania survey.Excluding the market for printers and multi-purpose printers and the market for electronics, sectors that have seen stagnation and the photo market, which continued on a negative trend, all ...
Infrastructure: Priority investments in 2014: nine highways, underground line 5, and underground line to Otopeni
Tuesday, November 26, 2013
The list of public works to be treated next year as priority for financing by the government includes nine highway projects, sections of Drumul Taberei-University underground line and the underground connection to Henri Coanda Airport, about which premier Ponta said it was not efficient. The list included 21 priority projects to be ...
Government decided with IMF to loan or close down 1,600 km of railroad
Tuesday, November 26, 2013
The government decided with IMF to close down or rent over 700 km of railroad and to apply the same procedures for another 900 km and obtain savings estimated at 70 million lei annually. The figures are included in the letter of intention with IMF in negotiations taking place this month. “We will approve the rental or closing down of over 700 km of railroad until the end of 2013. We intend ...
The budget of the ministry of transport is 6.465 billion lei
Tuesday, November 26, 2013
The consolidated budget of the ministry of transport for 2014 is 6.465 billion lei, approximately 1.45 billion euro, announced on Friday the minister Ramon Manescu in the meeting of the commissions of economy, industry, investment and services of the two chambers of the Parliament. “A sum of 6 billion lei is money ...
Real estate: Office space in Romania- stock reached 2.58 million sq.m.
Tuesday, November 26, 2013
The office stock in Romania is estimated at 2.58 million square meters, 14.2% of which (about 370,000 sq.m.) represent unoccupied areas, according to data supplied by CBRE company. Most available office areas are found in Bucharest, but big province towns have a big development potential, CBRE shows. The capital city continues to be a ...
Tagor starts the third residential project in Romania in Timisoara
Tuesday, November 26, 2013
The real estate developer Tagor starts the construction of a residential unit in Timisoara, which will include 107 apartments and several facilities, investment estimated at 7.3 million euro, being the third project of residences of the company on the local market. ...
Telecom.IT: Over 1,700 e-Business and e-Commerce projects to be contracted by June 2014
Tuesday, November 19, 2013
More than 1,700 projects will be contracted in e-Business and e-Commerce by mid-2014, for Priority Axis 3 of the economic competitiveness operational porgramme, according to official data with the Information Society Ministry.There are 970 projects in the contacting stage for the development of e-Business and e-Commerce applications, while 735 more projects contracted and currently assessed will be added to bring the total up to 1,705 projects that ...