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Cars: Automotive market shrinks 18.6 pct in H1 2013

Tuesday, July 16, 2013

The local automotive market shrank by 18.6 percent in the first six months of this year compared with the same period of 2012, informs a release from the Association of Automotive Manufacturers and Importers (APIA) sent on Monday.Inside this overall downward trend, a special mention goes to car sales that witnessed a 19.4% decline. This is actually a Europe-wide negative evolution, as countries that ...

Real estate: Number of companies seeking offices, up 21% in H1 2013 (survey)

Tuesday, July 16, 2013

The number of medium-sized companies in Romania that are seeking office spaces increased by 21% in H1 2013 from H1 2012, with the total area in demand being by 9% higher from 2012, a survey published by ESOP Consulting has found.ESOP Consulting recorded a 23% rise in the volume of transactions in H1 2013 compared with H1 2012.'The office space rental segment in Bucharest maintained its growth in H1 2013 in the context of ...

Infrastructure : easyJet to operate Bucharest - London flights, as of October 17, 2013

Tuesday, July 16, 2013

easyJet airline will operate flights from Henri Coanda Bucharest International Airport to London Gatwick as of October 17, 2013, the air carrier has informed.Bucharest will thus become the newest point of easyJet's extensive network of destinations across Europe. easyJet will operate the Bucharest - London Gatwick flights throughout the year by an Airbus A319 airliner, with a frequency of four weekly flights, on Mondays, Thursdays, ...

Romania's investment needs in transport infrastructure are estimated at 32 billion euros (PwC)

Tuesday, July 16, 2013

Romania's investment needs, especially in road and rail infrastructure, are estimated at 32 billion euros and, given that last year the total capital expenditure of the public budget amounted to 4.4 billion euros, a solution is the attraction of European funds, said on Monday Vasile Iuga, Country Managing Partner PwC Romania, in a seminar dedicated to the public-private partnership.He drew ...

Agriculture: Wine exports, up 15% in Q1

Tuesday, July 16, 2013

Romania exported in Q1 2013 as many as 2,682.5 tonnes of wine and vermouth obtained from fresh grapes, on the rise by 15% from the same period of last year, when the relevant exports totaled 2,331.3 tonnes, according to the agri-food trade balance provide by the Ministry of Agriculture and Rural Development (MADR).The proceeds from wine exports totaled 3.68 million euros in Q1 2013, by 18% more compared to the sum obtained in the same ...

All EU money to 112 Measure - is contracted for Installation Aid to Young Farmers

Tuesday, July 16, 2013

The EU funds on Measure 112 - Setting Up of Young Farmers have been fully contracted, Agriculture Minister Daniel Constantin told a news conference, in Targoviste (south), on Monday, when he was attending the signing of financing agreements, during the last session for lodging investments projects on the Measure 112.'The last session of submitting such projects happened in 2012 and it ended today (on Monday-editor note). The session ...

Agricultural credits increased 3.7 times since 2005, up to 1.5 billion euros in 2012

Tuesday, July 16, 2013

Agricultural credits have increased 3.7 times over the past seven years, from 412.8 million euros in 2005 up to 1.512 billion euros in 2012, on the background of an increase in total loans granted in Romania by 3.1 times, from 17.833 billion euros up to 54.81 billion euros, according to a report made public by the presidential committee for public policies of developing Romania's ...

Romania's trade deficit in agri-food products, up almost twice in Q1 2013

Tuesday, July 16, 2013

Romania's trade deficit in agri-food products increased almost twice in Q1 2013, from 161.28 million euros in Q1 2012 to 308.83 million euros at end-March 2013, according to the data the Ministry of Agriculture and Rural Development (MADR) released last week.Romania exported 1.288 million tonnes of agri-food products worth over 845 million euros in Q1 2013, down by 12% in terms of quantity from the same period in 2012, when the exports ...

Benu (APIA): Soil nitrate levels at the upper limit for over 80 pct of Romania's territory

Tuesday, July 16, 2013

Head of the Agricultural Payments and Intervention Agency (APIA) Dorel Benu cautioned the farmers to be careful about land fertilization plans because nitrate levels are close to the upper limit on over 80% of Romania's territory. ''This warning comes from me, not the European Commission: a survey of the map of soil studies performed in recent years shows that over 80% of farming plots in ...

Organic farming, research and professional training, in attention of agriculture ministers of Romania and France

Tuesday, July 16, 2013

Cooperation in the field of organic farming, but also in research and professional training were among the topics discussed on Thursday by the Romanian Minister of Agriculture and Rural Development, Daniel Constantin and his French counterpart, Stephane Le Foll.'It was agreed to continue and strengthen mutual support between the two countries in the development and implementation of the Common ...

Prime Minister Ponta: Agriculture to benefit from 3 bln euros in investments this year

Tuesday, July 16, 2013

The Romanian agricultural sector will benefit from three billion euros in investments this year, with 2.8 billion euros of it being from the European Union funds, Prime Minister Victor Ponta announced at a news conference on The National Plan for Strategic Investments and the Creation of Jobs given on Thursday.'As regards the national programme aimed at re-building the irrigation system, the ...

Romania has attracted 5 billion euros of EU funds on rural development; uptake degree reaches 58pct

Tuesday, July 16, 2013

Romania has drawn, until July 2013, about 5 billion euros in EU funds for rural development, representing a degree of absorption of about 58 percent of the total amount allocated through the National Rural Development Programme (RDP ) 2007 - 2013, according to data provided by the Agency for Payments for Rural Development and Fisheries (APDRP).The amount of 5 billion euros was already paid to ...

Real estate: Apartment prices drop to 934 euro/sq.m. on the average

Tuesday, July 9, 2013

Apartment prices dropped by 4.5% at national level, in the first 6 months of 2013, from 978 euro/sq.m in January to 934 euro/sq.m in June, according to a study made by Imobiliare.ro .Compared to the same period of 2012, prices dropped by 0.4% while the annual decline was 1.3%.Compared to June 2012 the present prices are 5.4% lower.On the other hand the situation was different in other towns registering price ...

Tourism: Dracula Project – the most profitable strategy to develop tourism

Tuesday, July 9, 2013

Dracula Project for the promotion of Transylvania represents the most profitable strategy for the development of tourism in the area, a press release of the Federation of Patrons in Tourism and Services shows.   Local authorities from 6 counties in Transylvania could develop from European funds a regional project called ...

Romanians in top of tourists who chose Bulgarian littoral in May

Tuesday, July 9, 2013

Romanians are leaders in the top of tourists who chose Bulgaria as holiday destination in May, a Travel Planner press release shows. According to the Bulgarian Statistic Institute 66,911 Romanian tourists arrived in Bulgaria, most of them choosing the seaside. Romanians are followed by Greeks (40,360), FYR of Macedonia (28,170), Russian Federation (25,593), Serbia (20,804), Germany (14,702), Turkey (13,887), Great Britain (10,714), Ukraine (7,731), ...

Over 30 tourism products are certified in Eco-Romania system

Tuesday, July 9, 2013

Over 30 tourism products (eco-friendly tourism programmes and pension houses) were certified in the Eco-Romania System, while the assessment by the National Tourism Authority (ANT) of more ten travel destinations is in progress, informs the release the Association of Eco Tourism in Romania (AER).'After an exactly ten-year work, the dreams of the Association of Eco-Tourism in Romania are coming true, as ANT began seeing ecotourism, ...

Private sector must become engine of Romanian tourism, says environment minister

Tuesday, July 9, 2013

Romania's private sector must become an engine of tourism, and we are facing challenges such as energy, emissions of greenhouse gases, water consumption, waste management and the loss of biodiversity, Environment Minister Rovana Plumb told on Wednesday the 2013 International Tourism Conference, hosted by the Parliament Palace of Bucharest.'Those are the challenges we have to face. I stand by my colleague on the Government, [Tourism ...

Thousands of people travel to Romania to treat their health conditions - an opportunity for local health tourism

Tuesday, July 9, 2013

Thousands of people travel to Romania to treat their dental conditions, and that can be an opportunity for health tourism, Vasile Cepoi, State Adviser to the Prime Minister, said on Wednesday.'Thousands of people are treated in dental clinics here, which promote by themselves. They [the foreign patients] pay a quarter of what they would pay for these services in their country. That could be an opportunity for the Romanian health tourism,' Cepoi ...

Minister Maria Grapini: We want to grow the tourism industry up to 5 pct of GDP

Tuesday, July 9, 2013

Tourism industry in Romania has a special potential so that, while in the beginning of my tenure it represented 1.5 percent of the GDP, I want that, by the time I had done my job, to push it up to 5 percent of the GDP, Maria Grapini, Minister Delegate for SMEs, Business Environment and Tourism told an international conference on tourism on Wednesday.‘We now have the chance to increase the number of tourists visiting Romania ...

Infrastructure: Minister Dan Sova invites Chinese investors to participate in infrastructure projects in Romania

Tuesday, July 9, 2013

Minister delegate for infrastructure projects and foreign investment Dan Sova has invited Chinese investors to participate actively in the implementatiuon of infrastructure projects that are under way, or in the planning stage, at the moment, in Romania, according to a release of the Department of Infrastructure Projects and Foreign Investments (DPIIS).Attending the Local Leaders Forum in Chongqing, the Romanian official stressed in an ...

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