Economic
Healthcare: Pharmaceutical sector affected by unfavorable market conditions
Tuesday, August 13, 2013
The generic and biosimilar drugs sector felt a profound negative effect because of the increasingly hostile conditions on the market, despite the rather optimistic statistics recently published by market research companies specialized in the pharmaceutical industry, said representatives of the Association of Generic Medicine Producers from Romania (APMGR), in a press release.APMGR draw attention that statistics are only theoretical, but in reality ...
Infrastructure : 140 km of motorway to be commissioned by year-end
Tuesday, August 13, 2013
As many as 140 kilometres of motorway will be commissioned by the end of this year, Minister-delegate for Infrastructure Projects and Foreign Investments Dan Sova told Realitatea TV news channel on Wednesday.'As we promised, we will have 140 kilometres of motorway commissioned by this December. ...
Agriculture : Honey production estimated at 17,000 tonnes in 2013
Tuesday, August 13, 2013
Romania's honey production is estimated to go past the level recorded in 2012, when it halved because of the drought, although it will not exceed 17,000 tonnes, that is about 70 percent of the annual average production obtained in years with normal climatic conditions, according to estimates of the ...
OIPA estimates crops up to 60 percent higher in 2013
Tuesday, August 13, 2013
The wheat crops this year has registered a 32 percent advance from last year, the barley has registered a 40 percent increase and rape crops have grown 60 percent, according to the estimations of the 'Cereals and Byproducts' Inter-professional Organisation (OIPA).Out of the total wheat quantity ...
Food exports to third countries, over three times higher than imports
Tuesday, August 13, 2013
The agri-food products exports outside the European Union space totalled 1.165 million tonnes, in the first four months of this year, being over three times higher than the imports made from these countries and increasing almost 20 percent from the quantities exported in the same period of last year, ...
If exported to Western Europe, Romanian tomatoes could yield triple their domestic prices
Tuesday, August 13, 2013
Romania has attracted nearly 59 per cent of the European funds for rural development, having paid out to Romanian beneficiaries more than 5.15 billion Euros in the process, Director General of Romania's Payment Agency for Rural Development and Fisheries (APDRP) Gerge Turtoi tells Agerpres in a recent interview.He adds that included in the actually paid out amount was also the contributions from the national budget, but the absorption rate regards ...
AgriMin Constantin: Romania's wheat output of 7.296 million tonnes, the biggest in eight years
Tuesday, August 13, 2013
Romania's 2013 wheat output of 7.296 million tonnes is the biggest in the past eight years, Agriculture Minister Daniel Constantin told a press conference on Friday.'The figures we have indicate that this year will ...
The Austrian company GBI Consulting will have a new PNDR on a contract of 3.5 million euro
Tuesday, August 13, 2013
The consultancy company GBI Consulting together with eight institutes and universities in Romania will have the National Programme for Rural Development (PNDR) for the period 2014-2020 and the first draft of the programme will be finalised in October this yar, stated for Agerpress the state secretary in the ministry of agriculture Achim ...
RealEstate: The most expensive farming lands in Romania
Tuesday, August 13, 2013
Although the value of farming land in Romania has known an accelerated growth following the EU accession, the average price per hectare is almost the same as in Brazil or Sweden, up to 12 times lower than in Holland, according to the Savills International Farmland Focus 2012 report. The value of farmland in Romania has grown by 172% since 2007, but Romania continues to have some of the lowest sale prices per hectare. In Romania one can buy tillable ...
Evolution of rent in the last 12 months
Tuesday, August 13, 2013
Rents demanded by apartment owners in big towns in Romania have known different evolutions, from increases of 70 euro (28%) to drops of 50 euro (17%), according to areas and type, which shows market stabilization. “Compare to the apartment sale segment, characterized by a relatively unitary dropping price trend, apartment rentals ...
Rented office area in Bucharest 125,000 sq.m. in first semester
Tuesday, August 13, 2013
The office area rented in Bucharest in the first semester of 2013 grew by 12% compared to the same period of 2012, reaching 125m000 square meters, according to an analysis made by The Advisers sent to Agerpres on Tuesday. In the second quarter of 2013 there were 70 rental transactions in Bucharest, for office areas with a total area of 65,000 sq.m. There was a slight increase (8.3%) compared to the first quarter (60,000 sq.m by means of 51 ...
Industrial space rental hits record 145,000 sqm
Tuesday, August 13, 2013
Renting the industrial spaces hit a record 145,000 square metres nationwide in the first half-year, nearly four times higher than over last Jan.-June put at 35,000 sqm, reveals a Bucharest City Report Q2 2013 survey conducted by Jones Lang LaSalle.The most active cities by this mid-year were Bucharest, that accounted for 55 percent of the leased space, Oradea (northwestern Romania) with 18.5 percent and western ...
Cars: New registrations of road vehicles and those of passenger transport increase by 17.8pct in first six months
Tuesday, August 13, 2013
New registrations of road vehicles and those of passenger transport increased, in the first six months of the year, by 17.8 percent compared to the same period in 2012, according to data of the National Institute of Statistics / INS / , released on Monday.According to the official data, while new registrations of road vehicles and passenger transport increased by 17.8 percent, registration of ...
Trade: Gorenje Romania wants to sell household apparata worth 13 million euro
Tuesday, August 6, 2013
The importer and distributor of household apparata Gorenje Romania, part of the Slovenian group Gorenje counts on a growth of sales by 10% for this year, worth over 13 million euro. “ Last year the sales of Gorenje products on the market of Romania reached almost 12 million euro, according to the estimates. For this year we expect a 10% growth due to the development of the distribution network and the diversity of the range of products” ...
Microwaves in Romania - New Market Study Published
Tuesday, August 6, 2013
From 2011, microwaves enjoyed an upward trend in Romania. More people appear to be considering this cooking appliance. In 2012, retail sales rose by 3% in volume terms and 5% in current value terms. This marked the best growth performance in major appliances. Built-in drove the development of microwaves, recording retail sales growth of 9% in volume terms and 13% in current value terms.Euromonitor International's Microwaves in Romania ...
Tobacco, drinks surplus amounts to 44.3 M euros in four months
Tuesday, August 6, 2013
Romania's tobacco and drinks trade balance exceeded 44.5 million euros, during the first four months of the year, National Statistics Institute (INS) data inform.In compliance with the international trade standard rankings, the FOB drinks and tobacco exports grossed 183.7 million euros, in the first four months of the year by 8.1 percent higher than that of the same time span in the previous ...
Real Estate: The rent for industrial and logistics spaces in Romania have been stable at 3.2-3.8 euro/sq.m/month ( study)
Tuesday, August 6, 2013
The rent for industrial and logistics spaces in Romania have been stable, at present the level of rent for big spaces, which are over 5,000 sq.m, being between 3.2 – 3.8 euro per square metre per month, the report Global Occupancy Costs Logistics 2013 made by DTZ says. As the demand is low, correlated with a limited volume of deliveries ...
NEPI buys Mega Mall project, in eastern Bucharest
Tuesday, August 6, 2013
South African NEPI Investments Fund announced on Friday it is to buy the Mega Mall project on the development of a commercial center in the generous location of the former Electroaparataj factory of eastern Bucharest, informs Bucharest Stock Exchange (BVB) web page.Through its subsidiaries NE Property Cooperatief U.A. and NEPIOM Limited, NEPI reached a framework agreement with the Hungarian ...
Tourism : Maria Grapini, the minister of tourism promises to support the project ‘Safari Park Adventure Bucovina’
Tuesday, August 6, 2013
Suceava county could have an adventure park by 2015, after the minister for SMEs, business environment and tourism Maria Grapini visited on Friday the area and promised the support for such a project to draw the necessary ...
Statistics:Most foreign tourists who visited Romania in H1 were from Germany, Italy and France
Tuesday, August 6, 2013
The largest number of foreign visitors in Romania in the first half of the year registered in the establishments of tourists' reception with functions of tourists' accommodation (hotels, holiday villages and villas), 157,039 persons, came from Germany, Italy and France, representing 20.8 percent of the total 754,845 foreign visitors in Romania in the abovementioned interval, according to data on Thursday ...