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Economic
Increases up to 6.5pct recorded in October for old apartments in Bucharest
Tuesday, November 6, 2012
The prices of old apartments in Bucharest rose by 6.5 percent in October, according to the monthly monitoring report Anunturiparticulari.ro portal.For the first time this year, Anunturiparticulari.ro monitoring report indicates price increases for studios, two and three-room apartments. The average price asked by landlords for a studio in Bucharest rose in October, for the first time since 2008, compared to the same period of 2011, exceeding the 36,760 euro ...
Agriculture : Legislation targeting aid payments to farmers and modifying ADS activity, adopted by Government
Tuesday, November 6, 2012
The Government adopted, in its meeting on last Tuesday, an emergency ordinance amending the Law on the Agency of State-owned Land (ADS) and other legislation aimed at granting state aid to farmers for the period 2011-2012, announced Agriculture Minister Daniel Constantin.'Today, an emergency ordinance was approved amending the Law on ADS activity by which - as normally happens in all European countries - the collection of royalties will pass to the Ministry of ...
Ciolos: Romania could combine structural funds with funds for rural development to rehabilitate irrigation system
Tuesday, November 6, 2012
Between 2014-2020, Romania could combine the structural funds for water infrastructure with funds for rural development to connect farmers to this infrastructure, EU Commissioner for Agriculture and Rural Development Dacian Ciolos told a forum on the new agricultural policies amid the global change conditions on Wednesday.Ciolos said that managing risks in the agricultural sector does not mean only to solve issues regarding the irrigations, because the irrigation ...
Agriculture minister: Losses incurred by drought-hit farmers cannot be compensated through EU funds
Tuesday, November 6, 2012
Losses incurred by drought-stricken farmers cannot be compensated through EU funds, but only through public funds, Minister of Agriculture and Rural Development Daniel Constantin said on Wednesday at the opening of the agriculture trade fair INDAGRA.'This summer's drought and the losses incurred by the Romania farmers have been on the EU agenda at the Council of Ministers. Unfortunately, the only aid solution at the EU level is the perspective of 2014 and the ...
Bio-Romania's Cioceanu: Romania could again become Europe's granary if it produces eco-certified cereals
Tuesday, November 6, 2012
Romania could again become Europe's granary, provided that it becomes a producer of eco-certified cereals, Chairman of the Bio Romania Association of Romania's Ecological Farmers Marian Cioceanu told a specialist seminar on Tuesday.He argued that the processing of the Romanian ecological raw materials could be performed in Romania using Italian technology, while the end products would be then exported to the big European consumers of ecological ...
Daniel Constantin: Romania can become Europe's top organic rice producer
Tuesday, November 6, 2012
Romania can become Europe's top organic rice producer if it remains steady on this area, said Minister of Agriculture and Rural Development Daniel Constantin on Tuesday during a seminar.'One of the strongly developed sectors in Romania is rice. The Italian investments in this area were acknowledged and boosted so rice was included on the list of products benefiting from support in poor regions. ... After talks with these investors, but also with the Italian ...
26 million saplings to be planted within national afforestation campaign
Tuesday, November 6, 2012
Environment Minister Rovana Plumb launched the national afforestation campaign entitled 'We put Romania under timber', by planting 26 million saplings on about 5,400 hectares nationwide.'The purpose of the campaign is related to the agriculture, the defence against floods, reducing pollution, as well as being prepared in case of possible snow blockades. And it is a clear answer to the drought that had a negative impact on this year's harvest. We put 17 national ...
Country of the Year at BioFach 2013 costs Romania 800,000 euros
Tuesday, November 6, 2012
Minister of Agriculture and Rural Development Daniel Constantin and Member of the Management Board of Nuremberg Messe Claus Rattich signed on Thursday the contract by which Romania will become the Country of the Year at the World Organic Trade Fair BioFach Nuremberg to take place in Feb. 2013. 'The financial effort of the ministry for this event is put at 800,000 euros, but I believe that it will mirror mainly in the image and promotion of the local products and the ...
Tourism : Over 6.6 million foreign tourists come to Romania, in first nine monts
Tuesday, November 6, 2012
The number of foreign visitors in Romania, registered at the border, were 6.26 million in the first nine months of this year, growing by 5.8 percent compared with the same period last year, according to preliminary data released on Friday by the National Institute of Statistics (INS).Most foreign visitors came from countries located in Europe (94 percent) and the EU countries have registered 57.7 percent of total foreign visitors in Romania. From the EU member ...
Mineral spring treatment bath, re-opened in Borsec
Tuesday, November 6, 2012
Borsec Town Hall (Harghita County, centre) opened last weekend a mineral spring treatment bath, rebuilt after the model of one demolished in the 1950s, which, according to local authorities, is a first step for the town to regain its status of spa resort.The Ó-Sáros bath [in translation: old bath with mud] has existed since as early as 1869, it was named Venus Bath and was demolished in the 1950s along with the other spa baths in Borsec to make room for ...
Infrastructure : Otopeni Airport's new departures terminal to be inaugurated on Nov 6
Tuesday, November 6, 2012
The Bucharest-based Henri Coanda Otopeni Airport's new departures terminal will be inaugurated on Nov 6, its costs amounting to 52 million euros, Bucharest Airports National Company (CNAB) PR Director Valentin Iordache told press conference Wizz Air organized on Wednesday Oct 31.'The terminal extension will be inaugurated, on Nov 6. It is a project we are proud of, and whose building was finished in shorter than a year, the works having begun in June ...
Spain and Romania sign a Memorandum of cooperation in transport and transport infrastructure
Tuesday, November 6, 2012
The Spanish authorities undertook, together with those in Romania, the task to jointly explain to the European Commission that the situation in the field of EU funds absorption has changed, after the Romanian Minister of Transport and Infrastructure, Ovidiu Silaghi, signed with his Spanish counterpart, Ana Pastor, a Protocol of bilateral assistance, with provisions that particularly refer to the EU funds absorption, given the experience of Spain in attracting them into ...
Real estate :Residential investments of over 52 mln euros launched at National Real Estate Fair - tIMOn
Tuesday, October 30, 2012
The autumn edition of the National Real Estate Fair - tIMOn being held over Oct. 25-28 in the Constitution Square in Bucharest, presented 1,000 exclusive apartment offers, investments of 52 million euros, transactions of hotels, commercial spaces and offices.The business-to-business section of tiMOn brings for the first time at the real estate fair the Real Time Company, which puts five hotels up for sale.All the compounds designed by ...
PM Ponta: 'First Home' a good program, continuation in 2013 worth trying
Tuesday, October 30, 2012
Prime Minister Victor Ponta said on Wednesday, Oct. 24, that the 'First Home' program is a good one and that the government will take measures to continue it next year too. 'I don't know when the ‘First Home 5' is next. I only know that we supported the program this year too, it was good and the amendments adopted by the Ministry of Finance are to the effect of the program's continuation. We'll try to carry on with it in 2013 if we can,' Victor Ponta said ...
Study: Romania ranks first for opportune destinations of European commercial centers
Tuesday, October 30, 2012
Romania ranks first in the top of opportune destinations for investors in commercial centers in Europe, according to a study of real estate consulting company Savills.It is followed by Poland, Hungary, the Czech Republic and Austria. “Romania ranks first especially because of the rapid growth of consumption expenses and retail sales estimated for the next 5 years, of 6.1% and 6.2% ...
Cars : Ford B-Max exports exceed those of Dacia Sandero and Dacia Logan
Tuesday, October 30, 2012
Ford B-Max became in September the second best exported car after Dacia Duster, exceeding exports of Dacia Sandero and Dacia Logan, an APIA press release shows. 7,895 B-Max units were exported from Ford works in Craiova in September.Dacia Duster remains the best exported car made in Romania with 12,162 units delivered in September abroad.It is followed by B-Max, with 7895 units exported, after a long period in which the monthly Ford manufacture in Craiova was ...
Infrastructure : Transport minister: CFR workers' behaviour is one of reasons for losses
Tuesday, October 30, 2012
Minister of Transport and Infrastructure Ovidiu Silaghi says the problems being encountered by the Romanian Railways Company CFR, the Passenger Branch having been revealed following the prosecutors' on-site searches exist in other parts too and he adds this is one of the reasons for the losses incurred by the company.'Irregularities certainly exist in other parts too, not only in these counties that have been targeted, but nevertheless we speak of more ...
Henry Coanda Otopeni Airport strives to Europe's top 50
Tuesday, October 30, 2012
Movement of the flights from the Aurel Vlaicu Baneasa Airport increased by round 50 percent the traffic on the Henry Coanda Otopeni Airport and brought good money to the local companies, the Capital magazine informs. Flights from the Henri Coanda Airport head to Europe's most important capital cities and towns, the average staying at two flights (both arrivals and departures) every 15 minutes.By few more 5 million passengers the Henri Coanda ...
Headquarters of joint company managing Calafat-Vidin Bridge, to be in Bulgaria
Tuesday, October 30, 2012
The headquarters of the Romanian-Bulgarian company that will manage the Calafat - Vidin Bridge will be located in Bulgaria, as this country invested more in the project, Prime Minister Victor Ponta said on Wednesday.'The project should have been done earlier and even faster. 2,000 years ago, the Romans built another bridge across the Danube and it took one year. The Romanian administration needed two years just to approve a memorandum in the ...
Spanish-Chinese Consortium Interested in Building Bulgaria-Romania Bridge
Tuesday, October 30, 2012
A Spanish-Chinese consortium called SPHIMX has expressed interest in building a third Danube bridge linking Bulgaria and Romania, according to the Mayor of the Bulgarian Danube city of Silistra Yulian Naydenov. Naydenov revealed the interest of the SPHIMX consortium to build a bridge between Bulgaria's Silistra and Romania's Calaras on Friday, citing a letter sent to Bulgarian Prime Minister Boyko Borisov, Transport Minister Ivaylo Moskovski, and Regional ...