RSS
Economic
Infrastructure: Representatives of the EIB and EBRD could consider financing Comarnic-Brasov motorway
Tuesday, June 11, 2013
Representatives of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) - on the occasion of their meeting with the Romanian Minister delegate for Infrastructure Projects of National Interest and Foreign Investments, Dan Sova -, have shown their banks are willing to consider the possibility of financing the Comarnic-Brasov segment of the Bucharest-Brasov motorway.‘During the meeting ...
Transport Ministry receives RON 1.6 million in additional allocations
Tuesday, June 11, 2013
The Transport Ministry had its budget increased by RON 1.667 million (nearly 0.378 million euros) from the Government's Reserves Fund in additional money necessary to set up a Romanian-Bulgarian commercial entity to operate the new road-rail bridge over Danube, from Calafat in Romania to Vidin in Bulgaria.The Romanian Government passed a decision to this end establishing that the joint commercial entity has to be set up before the ...
Mariana Petre (Metrorex): We’ll get 16 underground trains from Spain in 2014
Tuesday, June 11, 2013
As of 2014, Metrorex will receive new underground trains from Spain, according to Metrorex commercial manager Mariana Petre. The company has now 44 Bombardier trains and 25 IVA trains and transport about 650,000 passengers daily. She added that the Metrorex development projects could be financed with European money, as part of POSTEL.The first underground line was inaugurated in Bucharest in 1979 between Semanatoarea and ...
Telecom.IT: Romanians have few smart phones
Tuesday, June 11, 2013
The penetration degree of smart phones in Romania has reached 17%, compared to 63% at European level, said Nick Hugh, the vice president and head of Display Solutions EMEA of Yahoo, at ICEEfest, an event devoted to digital industry in Central and Eastern Europe. Yahoo has over 2 million smart phone users in Romania who allocate 13 hours a week to use company services addressed to mobile platforms, said Hugh. He added that the online industry has ...
Agriculture: Three million euros in additional organic farm subsidies
Tuesday, June 11, 2013
A government decision concerning an additional three million euros in subsidies to improve organic produce quality is expected to pass today at a Government's meeting.The announcement was made by Prime Minister Victor Ponta, who hailed the initiative of the Agriculture Ministry, wheel also voicing hope that support for organic agriculture will increase next year.'I have seen in Nuremberg that Romania's organic produce ...
Commissioner Ciolos: All traditional seeds can be listed in separate registers, without additional costs
Tuesday, June 11, 2013
Small producers and farmers may get all traditional seeds already available in the market listed in separate registers, and they may continue exchanging seeds among them and registering new sorts, without no additional costs, EU Commissioner for Agriculture Dacian Ciolos said after the opening of the 36th World Congress on Vine and Wines, on Monday June 3.Asked about the new regulations on the registration of seeds, Ciolos emphasized ...
Romanian fruit-tree growing less well organised than winegrape growing
Tuesday, June 11, 2013
The Romanian fruit-tree growing needs better organisation, by the wingrape growing sector's model, in order to be able to benefit from adequate funding, European Commissioner for Agriculture and Rural Development Dacian Ciolos said on Tuesday.'There is need for more work in the fruit-tree growing sector from the viewpoint of organisation, as compared to winegrape growing. The fact there are vineyards and a certain history of ...
Romania wins 99 medals - 39 gold - at International Wine Contest Bucharest - IWCB 2013
Tuesday, June 11, 2013
Romania has earned 99 medals at the current edition of the International Wine Contest Bucharest 2013 (IWCB), of which 39 gold and 60 silver, out of a total number of 163 medals awarded by the organizers, announced on Tuesday the Ministry of Agriculture.As many as 43 Romanian producers and 13 importers sent samples to be judged by the jury. A number of 163 medals were awarded, 64 Gold and 99 Silver Medals.According to the ...
New ADS Law will solve financial market liberalization problem
Tuesday, June 11, 2013
The Romanian Government, through an emergency ordinance, will amend the Law on the Agency of State Domains (ADS), and the new law will solve the problem of the financial market liberalization, Agriculture and Rural Development Minister Daniel Constantin said in Iasi (east), on June 6.According to him, the fresh law stipulates the possibility that the State, the neighbours or the lessee shall have pre-emption right in acquiring ...
Romanian agriculture will receive bln 10.6 euros, over next seven years
Tuesday, June 11, 2013
The European Union will secure Romania's agriculture a financial support worth 10.6 billion euros, during 2014-2020, Agriculture Minister Daniel Constantin said in Iasi (east), on Thursday June 6.According to him the annual amount will go up from 1.3 billion euros in 2014 to 1.8 billion euros in 2020.The Common Agriculture Policy (CAP) reform is in progress, and we are given a financial framework which seems generous, at first ...
Romania is expected to return to agricultural production close to past 5-year average, in 2013
Tuesday, June 11, 2013
Romania's farming production will go closer to the average figures of the past five years, even if due to bad weather conditions it scored only 5.8 percent of the GDP, in 2013, i.e lower than that of 2011, when it stood for 7 percent of the GDP, Agriculture Minister Daniel Constantin said.'The agricultural production reached 30 billion lei, namely about 7 percent of the GDP, in 2011, but it dropped to 5.8 percent of the GDP, in 2012, ...
Romanian-Azeri cooperation in agricultural research, irrigation, vegetal production
Tuesday, June 11, 2013
The collaboration at sectoral level in vegetal or animal production and in the field of agricultural scientific research were among the topics discussed on Wednesday by Agriculture Minister Daniel Constantin with his counterpart from Azerbaijan, Ismat Abasov.According to a press release from the Ministry of Agriculture and Rural Development, the two dignitaries reviewed the current phase of the cooperation between Romania and Azerbaijan ...
Halewood Cellars: 25 award-winning wines at international competitions in 2013
Tuesday, June 11, 2013
Halewood Cellars, the largest local exporter of bottled wine and one of the most important wine producers in Romania, received in May as many as 25 distinctions for its own wines in some prestigious international competitions, the winemaker has announced.The 2011 Byzantium Rosso di Wallachia won the silver medal at Brussels international wine contest, where it competed with over 8,200 other wines. Dubbed also the world championship of ...
450,000 ha, Romania's total area on which they get ecological products
Tuesday, June 11, 2013
Ecological products are currently obtained in Romania on a total area of 450,000 hectares, significantly up from 2007, when it only totalled 130,000 hectares, Minister of Agriculture and Rural Development Daniel Constantin told a specialist conference on Wednesday.'The increase was possible both thanks to the financial incentives and to the generous outlet both in Romania and abroad. We must go on helping the ecological agriculture. ...
Trade: Supermarkets with highest imports
Tuesday, June 11, 2013
Products such as waffles and meat products imported last year by the Germans from Lidl weighed in the commercial balance more than turbines imported by CEZ for the wind park from Fantanele (Constanta), the largest of the kind in Romania. Supermarket networks Lidl and Kaufland which are part of the group controlled by German billionaire Dieter Schwartz, rank 22nd and 34th in a top of companies with most imports, according to a classification made by ...
Eurostat:Romania registers second increase in retail trade in EU, in April
Tuesday, June 11, 2013
The retail trade volume increased 1.9 percent in Romania in April 2013 compared with the previous month, only one member country of the European Union (EU) having registered a higher growth, Hungary (5.2 percent), as show the data the European Statistics Office (Eurostat) released on Wednesday.In April 2013, compared with the previous month, the retail trade only increased in eight member states and dropped in other 13 member states. In ...
Healthcare: Romanians' healthy life expectancy falls by 3.5 years from 2008 to 2010
Tuesday, June 11, 2013
Romanians' healthy life expectancy fell by 3.5 years in just two years of crisis, from 2008 to 2010, said on Monday the former Labour minister, Elena Dumitru, during a debate on Romanian capitalism.'Eurostat indicators show a decline in healthy life expectancy of 3.5 years in just two years of crisis, from 2008 to 2010. We speak about an erosion of health manpower that sooner or later will be reflected in the costs of firms and the way ...
Cars: Lack of predictability has direct implication on car buyer
Tuesday, June 11, 2013
The business operators present on Romania's car market have a very difficult task because of the lack of predictability, which has a direct implication on the buyer, Opel Romania's CEO Cristian Milea told a Tuesday's specialist conference.'That changes profitability and the policies that can be applied by business operators. As far as we are concerned, the product range and renewing it are very important to us. Our role is to bring, in ...
Kia Optima is sold in Romania with 1.7 l. Diesel engine
Tuesday, June 11, 2013
Kia Optima is sold in Romania in the Diesel variant of 1.7 l. and 136 HP, the most competitive in the European market, at prices between 15,955 euro and 25,185 euro. Now at the third generation, Optima was created by Kia especially for US and Russian markets, as well as for emerging Asian markets with gasoline engines of 2.0 and 2.4 l. Its European launch took place later after the introduction of Diesel 1.7l because the South Korean sedan became ...
Mazda sales volume grew by 31% in Romania in first 5 months
Tuesday, June 11, 2013
Mazda sold 230 cars in the first 5 months of the year, 31% more than last year. According to a press release, SUV CX-5 and Mazda 3 are the most successful, the former with 88 units and the latter with 78. The new Mazda 6 comes from behind with 58 units sold.The rising trend is contrast with that of imported cars which had a decreasing trend in the same period. The sale dynamics increased the market share to 1.5% of overall imported cars. In top 3 ...