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Sighisoara-Coslariu railway section, rehabilitated with non-refundable funds
Tuesday, February 12, 2013
Sighisoara-Coslariu (central Romania) will be rehabilitated with non-refundable funds worth 740 million euros from the European Union (EU) within a contract with a total value of 1.08 billion euros, Transports Minister Relu Fenechiu told a press conference on Friday.'The works have already begun in March 2012 and are aimed at a section of 89.5 km of double railway between the cities of ...
Telecom .IT: CSAT approves Cyber Security Strategy
Tuesday, February 12, 2013
The members of the Supreme Council of National Defence (CSAT) approved on Tuesday the Cyber Security Strategy, says the Presidential Administration.'CSAT approved in this strategy to implement some security measures leading to a higher level of protection of cyber infrastructures in accordance with the new concepts and policies in the field of elaborate cyber defence adopted by the NATO and the ...
Vodafone had over 8.12 million customers (valid SIM cards) in Romania end of 2012, dropping by 2.4% since 2011
Tuesday, February 12, 2013
Vodafone Romania announced that by the end of 2012 it had 8.122 million customers, on the rise by 247,847 customers compared to the previous quarter. Compared to the end of 2011 the number of customers has dropped by 2.46% (205,000). In the last quarter of 2012 Vodafone incomes grew by 27% compared to the same period of 2011 and by 8.6% compared to the previous ...
Real estate: Blue Tower Project, sold to 13.8 million euro
Tuesday, February 12, 2013
Residential project Blue Towers, the first big case of insolvency in the residential field, was sold three years after the initiation of the procedure, for 13.8 million euro, according to RVA Insolvency, the judicial administrator of the company. The tender for the residential project , which entered insolvency in 2009, will be organized on 15 February. The starting ...
Healthcare: Pharmaceutical market: modest increase of 3.1% in 2012
Tuesday, February 12, 2013
The Romanian pharmaceutical market recorded last year 2.63 billion euro, on the rise by 3.1% compared to 2011, according to data of the analysis and study company Cegedim Romania, which estimates a possible drop in 2013. ...
Agriculture: Netherlands to back up Romania to amalgamate cropland
Tuesday, February 12, 2013
The Netherlands will help Romania with the amalgamation of its cropland, the issue being discussed by Minister of Agriculture and Rural Development Daniel Constantin and Dutch Ambassador to Romania HE Johannes Hendrik Mattheus van Bonzel, on Tuesday, Ministry of Agriculture and Rural Development (MADR) release informs.During the meeting, Minister Constantin also emphasized the ...
Trade: Beer excise duties rise 10 pct as of Feb. 1, prices possibly 2 pct higher
Tuesday, February 12, 2013
Excise duties on beer rise 10 percent as of February 1, according to the latest amendments to the Fiscal Code, and the impact assessment by the Ministry of Public Finance estimates a subsequent price rise by 2 percent.Excise duties on beer have not been raised in five years and this measure is expected to bring an additional 80 million lei to the budget.Representatives of the Romanian ...
Trade: Turnover of retail trade goes up by 2.9 percent in 2012
Tuesday, February 5, 2013
The turnover of retail trade, in unadjusted terms, rose by 2.9 percent in 2012 from 2011, according to the data released on Friday by the National Institute of Statistics (INS).'In 2012, compared to 2011, the turnover of retail trade (except for the trade in motor vehicles and motorcycles), in unadjusted terms, increased by 2.9 percent, due to the growth saw by the retail trade in car fuels in ...
Cars: Nearly 200 Ferraris, Lamborghinis run on Romanian roads
Tuesday, February 5, 2013
Among the 4.48 million cars registered in Romania, according to the data released by the Driving Licenses and Vehicle Registration Department (DRPCIV), there are 152 Ferraris and 42 Lamborghinis, the Capital publication writes on Friday.According to the DRPCIV statistics for 2012, the most popular Ferrari model is F430, with 25 Romanians driving such as car, followed by Ferrari California and ...
New vehicle registrations 36.6 pc higher in 2012 compared to 2011
Tuesday, February 5, 2013
The new registrations of passenger carrying vehicles (both new and second-hand) reported a 36.6 percent increase in 2012 compared to 2011, and the new registrations of freight carrying vehicles went up by 17.8 percent, reads a release of the National Institute of Statistics (INS).In the last quarter of 2012, there was a 31.3 percent increase at cars ...
Telecom.IT : Microsoft launched the new Office in Romania
Tuesday, February 5, 2013
Microsoft launched on the Romanian market the new Office – the 2013 edition – the productivity suite being optimised for gadgets with tactile screen and for extensive storage “in cloud”. The classic version thought to be used at home, on one PC is 629 lei, while the Office 365 version, which could be installed on five terminals could be used with annual subscription of 449 ...
Romanian Facebook users at almost 5.6 ml, 27 pct more than in 2011
Tuesday, February 5, 2013
There are almost 5.6 ml Romanian users of the Facebook social networking service, shows data released this month by Facebook domestic monitoring and analysis companies 'Facebrands.ro' and 'Facebrands Pro', cited by Bursa daily.Thus, the number of social network users grew by 27 percent last year, a pace three times slower than that registered in 2011, the year of the Facebook boom that took the ...
Healthcare: Peru expresses interest in Romania-made generic drugs
Tuesday, February 5, 2013
President of Peru Ollanta Humala Tasso expressed on last Tuesday, during talks with visiting Romanian President Traian Basescu, his country's interest in Romania-made generic drugs, whilst his guest voiced openness towards the subject.In a joint statement with Traian Basescu delivered in Lima, Ollanta Humala Tasso mentioned that several activity areas have been approached where the two countries ...
Infrastructure : Romania is interested in railway projects in Peru, says President Basescu
Tuesday, February 5, 2013
resident Traian Basescu said on Tuesday, in Lima, that Romania is interested in railway development projects initiated in Peru, adding that there are also discussions on procurement of military ships from our country.'Romania is a country with advanced technology in many areas and our wish is that, in the framework of a political decision, Romanian and Peruvian ...
Dutch company Van Oord to complete offshore breakwater in Constanta port
Tuesday, February 5, 2013
Van Oord Dutch company and the Romanian Transports Ministry, via the Administration of the Constanta Port, signed on Friday the contract for the completion of the offshore breakwater in the port of Constanta, with the value of the works standing at nearly 150 million euros. 'This action complies with the ministry's strategy we said we would implement, ...
Minister Sova argues for finding solution to terminate Bechtel contract
Tuesday, February 5, 2013
Minister-delegate for infrastructure projects Dan Sova told Parliament's committees on budget and financial affairs that a solution should be found to fully terminate the ongoing contract with the US Bechtel company for building the Transylvania motorway from Brasov, central Romania, to Bors, western Romania, and another funding solution should be ...
European Railways at a junction: the Commission adopts proposals for a Fourth Railway Package
Tuesday, February 5, 2013
The European Commission today announced a comprehensive package of measures to deliver better quality and more choice in railway services in Europe. Rail is a vital part of EU transport, with a key role in addressing rising traffic demand, congestion, fuel security and decarbonisation. But many European rail markets are currently facing stagnation or decline. ...
Tourism : Arrivals in hospitality facilities up 9.3 pct in 2012
Tuesday, February 5, 2013
Check-ins with Romanian tourist accommodation facilities in 2012 stood at over 7.65 million, up 9.3 percent compared to 2011, shows data released on Friday by the National Statistics Institute (INS).'Arrivals of Romanian tourists in accommodation facilities accounted last year for 78.4 percent of the total number of arrivals, while foreign arrivals accounted for the other 21.6 percent; both shares ...
Real Estate: Residential building permits go down 4 pct, in 2012
Tuesday, February 5, 2013
Residential constructions permits issued in 2012 amounted to 37, 863, namely by 4 percent less compared to 2011, the National Statistics Institute (INS) informed on Monday.The fewest permits for residential buildings were issued in the North-East development areas (minus 615), South Wallachia (minus 423) and South-East ...
NEPI is at the top of the biggest owners of offices in Romania
Tuesday, February 5, 2013
The acquisition of the Lakeview office building by the South African investment fund NEPI will send the investor at the top of the biggest offices owners in Romania. Thus, after the finalisation of the Lakeview acquisition, NEPI will own almost 95,000 square metres of offices in three finalised projects Lakeview ( 24,000 sqm), Floreasca 169A ...