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Trade: Basic Romanian products bought in shops
Tuesday, November 12, 2013
The share of basic foodstuff coming from Romania in overall shop sale between 2009 and 2012 dropped for all categories, except for pork meat. The highest imports were recorded for milk and oil. The analysis made by the Competition Council shows that most imported products from the selected categories come from EU countries. At the same time, the situation is different in the vegetable-fruit ...
Study: Products bought by Romanians from hypermarkets and supermarkets
Tuesday, November 12, 2013
Food represents over 68% of purchases made by the Romanians in hyper and supermarkets. People from Timis county allocate a high share to these products – 70.4%, while those from Sibiu only 63.8%, according to a study made by RetailZoom in ten of the largest counties. The study analysed sales in the retail networks Carrefour, Cora, ...
Competition Council Report: Retail sector in Romania worth approx. 17.2 billion euros in 2012
Tuesday, November 12, 2013
The retail sector in Romania was worth approx. 17.2 billion euros in 2012, up 3.3 percent compared with the previous year, while the total number of employees in the field increased by 12.5 percent, according to the Report 'Romanian Competition Environment - Developments in Essential Sectors' drafted by the Competition Council and launched for public debate on its website. Thus, the retail sector was worth 17.2 billion euros last year, ...
Infrastructure: PM Ponta: We will have a rising debt level of 1.2 billion lei for local infrastructure projects
Tuesday, November 12, 2013
Premier Victor Ponta announced on Monday at Victoria Palace that following negotiations with IMF, WB and EC on the 2014 budget they decided to increase the level of debts for infrastructure projects of local authorities by 1.2 billion lei and an increase of co-financing of 3% for European funds. “We will have an increase of the debt ...
Minister Manescu: Accent will be laid on railway infrastructure
Tuesday, November 12, 2013
Railway infrastructure in Romania is outdated but the Transport Ministry lays accent on its rehabilitation and the use of project financed by European grants, said transport minister Ramona Manescu. She mentioned that transport by train might be an alternative to going by car, after the model of developed countries. Manescu pointed out ...
Executive: Bill on joining international protocol in matter of carriage of passengers by sea
Tuesday, November 12, 2013
The Government has approved, in its meeting on Wednesday, a bill on Romania's accession to the Protocol adopted in 2002 to the Convention in Athens 1974 on the Carriage of Passengers and their Luggage by Sea, adopted in London on November 1, 2002, the Executive's Press Office informs.Romania's accession to this protocol, according to the bill, will assign the Romanian state a number of rights and obligations in the matter.As ...
Cars: Dacia rolled out 100,000 units of the new Sandero and Sandero Stepway range
Tuesday, November 12, 2013
The Mioveni-based Dacia plant (near Pitesti, northwest of Bucharest) has rolled out since last fall 100,000 cars from the new Sandero and Sandero Stepway range, representatives of the car maker announced on Wednesday.'Vehicle No. 100,000 that rolled off the production lines is a gris platine Sandero Stepway, equipped with a 0.9 tce 90 HP engine. It was delivered to a customer in France, the main export market for the Dacia brand,' said ...
Real estate: 113 apartments sold in Asmita residential complex during two years of judicial administration
Tuesday, November 12, 2013
Euro Insol, in its capacity of judicial administrator of Asmita Gardens the most expensive residential complex in Romania with a total investment of 120 million Euros, has succeeded to sell 113 apartments during 2 years administration, the press release sent to ACTMedia by the company informs. The total value is about 10.2 million euros for the sold units, amount which has led to diminishAsmita’s debts ...
Immofinanz and Nepi the most active real estate investor in last ten years
Tuesday, November 12, 2013
Immofinanz, NEPI, CA Immo, RREEF, IGD, Argo Real Estate and Globalworth have been the most active real estate investors in Romania in the last 10 years, their purchases representing half of the value of transactions concluded as of 2004.The Austrian group Immofinanz made transactions in Romania representing 18% of total. The South-African investment fund NEPI and the Austrian group CA Immo rank second with 8% of total, according to ...
Healthcare: Medicine sales on the drop
Tuesday, November 12, 2013
The sale of medicines at distribution price dropped in Romania in the third quarter by 3.3% compared to the same period of 2012, to 2.7 billion lei, according to Cegedim Romania which showed that the availability of many products was significantly affected. In euro, the market ...
Infrastruture: Bucharest-Brasov motorway, among priority investment projects in budget law
Tuesday, November 5, 2013
The Government will approve the list of priority investments, together with the budget law, and the completion of Bucharest-Brasov motorway or Drumul Taberei-University metro sector could be among these, Minister Delegate for Budget Liviu Voinea said on Tuesday, October 29.'At the same time we approve the budget law, we shall also approve the priority investment list... We refer to the infrastructure priority projects, mainly the ...
Bulgaria's Ruse, Romania's Giurgiu to Build Road with EU Funding
Tuesday, November 5, 2013
Bulgaria's Ruse and Romania's Giurgiu have started building a road under pan-European Transport Corridor #9.Construction works in Romania's Giurgiu Municipality started on Monday, while the construction works in Bulgaria's Ruse are yet to start.The total budget of the project is EUR 6.790 M and it is to be implemented in 30 months, according to the BGNES news ...
Avram Iancu Airport of Cluj Napoca gets a new runway
Tuesday, November 5, 2013
Deputy Prime Minister Liviu Dragnea and Transport Minister Ramona Manescu on Saturday cut the ribbon to a new runway at the Avram Iancu International Airport of Cluj Napoca, central Romania, on an investment of RON 137 million.Also attending the festivities, which included the landing of an airplane flown by the Tarom national air carrier, was Chairman of the Senate Crin Antonescu. Dragnea said this investment is an important step ...
16.8 million euros gross profit, in nine months, at Bucharest Airports
Tuesday, November 5, 2013
Bucharest Airports National Company (CNAB) in the first nine months of 2013 registered a gross profit of 16.8 million euros (76 million lei), and total revenues worth 108.4 million euros (488 million lei), increasing 7.5 percent from the same period of 2012.According to a CNAB release, the gross profit obtained in the period ...
MT: As many as 5 million passengers traveled by air in H1 2013
Tuesday, November 5, 2013
Approx. five million passengers chose to travel by air in the first half of the year, among whom 575,000 passengers were boarding domestic flights and 4.33 million were boarding international flights, according to statistics published by the Ministry of Transportation(MT) on its website.The Romanian airports loaded 6,666 tonnes of cargo and downloaded 8,629 tonnes in the abovementioned interval.Last year, the number of ...
Cars: New car registrations advance 28 pct in Q3
Tuesday, November 5, 2013
Registrations of new cars hit 80,920 units in Q3 2013, up 28 pct from the 63,206 units registered in the same period of the year before, shows data given to publicity on Monday by the National Statistics Institute (INS). Moped and motorcycle registrations stood at 2,114 units, up 6.7 pct, while registrations of buses and minibuses dropped 34.3 pct to 331 units. In the same period, new registrations of goods vehicles dropped ...
Tourism : Belgian representatives at Leuven Forum demand reopening of Romania's tourist office in Brussels
Tuesday, November 5, 2013
Belgian representatives having attended a Belgium-Romania decentralised cooperation forum in Leuven this weekend demanded the reopening of Romania's tourist office in Brussels that was closed down some years ago.At the forum, chairman of the Romanian county council of Suceava Ioan Catalin Nechifor also had one-on-one meetings with business people interested in the local markets in north-eastern Romania, as well as tentative talks for ...
Cross-border project to make from the Simian Island (SW) a tourist destination
Tuesday, November 5, 2013
The Mehedinti County Council (southwestern Romania) has promoted a cross-border project to conduct a feasibility study and prepare the necessary technical documentation to improve the tourist infrastructure on the Simian Island, the head of the institution, Adrian Duicu told Agerpres on Monday.According to the abovementioned source, the Dimovo town hall from Bulgaria will be a partner in this project, with the funds to be provided by ...
Statistics: 3.1% increase in number of tourists recorded in accommodation structures in first nine months (provisional data)
Tuesday, November 5, 2013
The number of tourists recorded in relevant accommodation structures increased in the first nine months of this year by 3.1%, with foreign tourists having represented 21.6% of the total number, show the provisional data released by the National Statistics Institute /INS/.According to the said statistics, from January 1 to September 30, 2013, compared to the same period in 2012, the arrivals in tourist accommodation structures saw a ...
Danube Delta, in online offer of German group TUI
Tuesday, November 5, 2013
As many as 15 guesthouse owners in the Danube Delta signed, on October 29, contracts with the online platform of the German group TUI, one of the leading players of the international tourism industry, and thus travel agents in the Danube Delta and on the Romanian Black Sea coast will be promoted within a private tourism office that will open in Brussels, Belgium.The Contract Manager of the distribution platform HotelBeds for Romania and ...