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Economic
Only a third of Romanians to go on holiday this summer
Tuesday, June 25, 2013
Only a third of Romanians will go on holiday this summer, most of them to the Romanian seaside, a Thursday-released survey conducted by Inscop Research has found.Asked whether they would go on holiday this summer, 43.8% of the respondents gave a negative answer, 32.1% said they would do so and 19.7% were undecided.Of the 32.1% who said they would go on holiday, 38.1% chose the Romanian seaside, 23.6% opted for a holiday abroad, and ...
Telecom.IT: Smart phone sales in Romania will grow by 50% this year
Tuesday, June 25, 2013
Smart phone sales in Romania will reach this year 1.5 million terminals, on the rise by 50% compared to 2012, according to estimates made by Sorin Manea, head of telecom division of Samsung Electronics Romania.“This year I expect at least 1.5 million smart phones to be sold in Romania. Last year 1 million phones were sold, while 600,000-650,000 were sold two years ago and under 200,000 three years ago”, said Manea present at the ...
Strategy on transition from analogue terrestrial television to digital television, approved by Government
Tuesday, June 25, 2013
The strategy on the transition from the analogue terrestrial television to the digital terrestrial television was approved in the Government meeting on Wednesday, the project scheduled to be completed by June 17, 2015, given that after this date the analogue broadcasts will no longer be protected by the neighbour countries.In this respect, the Government adopted a resolution defining the organisation framework on implementing the ...
Romanian IT&C market worth EUR 9.4 bln
Tuesday, June 25, 2013
The Romanian IT & C market is currently worth approximately 9.4 billion euros, with the telecommunications sector accounting for the bulk thereof, specifically 2.5% of the GDP, show estimates by experts of Euroweb, one of the local telecommunications companies.'In the past, Romania was highly attractive to investors in the IT&C industry thanks to the highly skilled employees and the low entry barriers, especially as regards the ...
Agriculture: Consolidation of farmers' position within food chain, development of crisis management capabilities, Agri Min priorities
Tuesday, June 25, 2013
The consolidation of the farmers' position within the food chain, and the development of crisis management capabilities, are priorities of the time span ahead, said Minister of Agriculture and Rural Development Daniel Constantin during the Food and Agriculture Organization (FAO) Conference in Rome.Attending the 38th FAO Conference, Minister Daniel Constantin stressed that it is for the first time that Romania participates in the reform ...
Romania, Bulgaria boasting the largest sturgeon population in the EU
Tuesday, June 25, 2013
Romania and Bulgaria, previously the largest exporters of caviar from Danube wild sturgeon, are currently housing the largest natural population of sturgeon in the European Union, according to data with the World Wild Fund for Nature (WWF) released on Tuesday at a press conference to launch a project for the protection of sturgeon, 'nature's most valuable gift.'France and Germany are Europe's largest importers of caviar, while worldwide ...
Trade: Flower market estimated at 100 million euro in Romania this year
Tuesday, June 25, 2013
The flower market in Romania has an estimated value of 100 million euro for 2013, said Mugur Frunzetti, the founder of the online flower shop Floria.ro, at a specialized conference. According to estimates, the online flower market has a value of 2.5 million euro for 2013. In this market, Floria.ro registered sales of 600,000 euro in the first half of the year. For the whole year, Floria.ro estimates a business figure of over 1 million ...
Eurostat: Consumer price levels of food ranged from 61% of the EU27 average in Poland to 143% in Denmark in 2012
Tuesday, June 25, 2013
In 2012, the price level of a comparable basket of food and non-alcoholic beverages was more than twice as high in the most expensive EU27 Member State than in the cheapest one. Denmark had the highest price level for food and non-alcoholic beverages in the EU27 in 2012, ...
Private labels account for 12 pct of total value of consumer goods market
Tuesday, June 25, 2013
Private labels have gained ground at an accelerated pace in recent years, coming to account for 12 percent of the total value of the consumer goods market, compared to 2% in 2007, shows a GfK survey.The number of households that bought at least once a private label from any retail format has reached the maximum as early as in 2011 - with more than 9 out of 10 Romanian households having bought private labels. The increase compared to ...
Cars: New vehicle sales, down by 18.6%, used car imports, up by 50%
Tuesday, June 25, 2013
The overall sales of cars and commercial vehicles continued to decline in Romania in the first five months of the year, by 18.6% compared to the same period in 2012, whilst used car imports skyrocketed by some 50%, show data with the Association of Car Makers and Importers /APIA/.In Romania, most car purchases are still made by businesses (85% of the total number in May), whilst individual car purchases continued to decrease to a ...
Real estate: Analysis: Romanian real estate market depends on bank credits
Tuesday, June 25, 2013
The Romanian real estate market is still dependent on bank credits because of the low development of the stock market, compared to other European countries where there is a tendency of increasing the share of financing from non-banking sources, a DTZ analysis shows. “Although there is a tendency in Europe to increase the share of ...
Telecom.IT: Romania, in the top five of EU for high-speed internet connections
Tuesday, June 18, 2013
Only 2% of the EU households have a subscription to the broadband of high speed ( over 100 Mbps), far away from the EU objective for 2020 of 50% but at present Romania is in Top 5, together with the countries in the Northern Europe, shows the newest report of the European Commission connected to the internet and the information society, which the situation in the EU when it comes to the penetration rate ...
Infrastructure: 700 million euros have so far been contracted for development of road infrastructure
Tuesday, June 18, 2013
The total volume of the European funds that have so far been contracted for the development of the road infrastructure in Romania amounts to about 700 million euros, the average of such a county project being 6.6 million euros, according to the Institute for Public Policy (IPP). IPP makes it clear that the cities of Bacau (eastern Romania), Oradea (western Romania), Bistrita, Botosani (both in northern Romania), Braila (eastern ...
Bulgaria, Romania Launch Danube Bridge 2, 'Crossroad Link with Europe'
Tuesday, June 18, 2013
Bulgaria and Romania launched Friday the long-anticipated Danube Bridge 2, describing it as the countries’ crossroad link with Europe. "This wonderful, beautiful facility, the newest bridge over the Danube connects the people on both sides of the river. But it also brings them closer to Europe, turning the town of Vidin into a crossroad link in our relations with Europe,” Bulgaria’s parliamentary speaker Mihail Mikov said at the ...
Bulgaria, Romania Seek to Build 3rd Danube Bridge
Tuesday, June 18, 2013
Bulgaria and Romania are eager to build a third bridge connecting the two countries over the Danube River, Bulgarian President Rosen Plevneliev and his Romanian counterpart Traian Basescu said Thursday.The bridge will connect Bulgaria’s Silistra to Romania’s Calarasi. The two Balkan countries will seek various ways to finance the project, making use of EU Structural Funds, Cross-border Cooperation Programs and the Danube ...
Premier Ponta: Motorway connection envisaged between Craiova and Calafat
Tuesday, June 18, 2013
Prime Minister Victor Ponta said on Friday that the cities of Craiova and Calafat must be connected via motorway and that a project will be submitted to this end in the next EU financial framework for the period 2014 -2020. Ponta made this statement after the official inauguration of the Calafat - Vidin bridge across the Danube, remarking that he knows that the road to Calafat is in ...
CERONAV, first institution in Romania become member of World Association for Waterborne Transport Infrastructure
Tuesday, June 18, 2013
The Romanian Centre for Training Waterborne Transport Personnel (CERONAV) has joined the World Association for Waterborne Transport Infrastructure (PIANC), thus being the first institution in Romania to have become a member of that association.CERONAV's Executive Ovidiu Cupsa, informed on Thursday, via a press release, that within the PIANC professionals from all over the world join their forces to provide specialist ...
Over 220 million euros for upgrading Danube-Black Sea, Poarta Alba- Midia Navodari canals
Tuesday, June 18, 2013
Over 220 million euros are set aside for investing in upgrading the Danube - Black Sea canal and the Poarta Alba - Midia Navodari canal, according to a decision passed by the Government on Wednesday.'This investment objective will facilitate access to a viable long-term transport system for nearly 350,000 inhabitants. At the same time, a larger capacity of the locks as well as reduced maintenance and repair costs will bring about a cut ...
Agriculture: Romanian tomato naturally ripens to flavor quality
Tuesday, June 18, 2013
Romanian varieties of tomatoes, although persistently sought by buyers in farmers' markets, are grown on less than 10% of the total area planted with tomatoes nationwide, inform experts from the Ministry of Agriculture and Rural Development cited by the Agrointel.ro publication.The pleasant taste of the domestic tomato is not enough to determine the large- scale vegetable growers to cultivate such varieties, as they are less resilient ...
Agriculture can have a major contribution to economic growth estimated by World Bank for Romania
Tuesday, June 18, 2013
Agriculture can make a major contribution to the economic growth of 1.7 percent in 2013, as estimated by the World Bank / WB / in its latest EU11 Regular Economic Report made public on Thursday, Catalin Pauna, economist of the World Bank in Romania, told AGERPRES.'If we put agriculture aside, let's say last year, when we had 0.7 percent, the economic growth was almost 2 percent. In conditions in which, let's say, we have an average ...