Economic
Underground passage at South Square could start in March 2013
Tuesday, October 30, 2012
The funding contract for the construction of a new underground passage in Bucharest, in South Square, worth 127 million lei (about 27.88 million euros), was signed on Friday, the works being estimated to start in March 2013, Capital mayor Sorin Oprescu said, at the funding agreement signing.The underground passage at South Square is the largest project carried out in Bucharest with funds from the EU. Its value stands at 127 million lei, out of which 96 ...
Gov't to earmark 200 mln lei to pay Highways Company debts to constructors this year
Tuesday, October 30, 2012
The Government will earmark 200 million lei (some 43.709 million euros, at the day's exchange rate - editor's note) this year for the payment of part of the debts the National Motorways and Highways Company has to the road constructors, that total 1.3 billion lei (around 0.284 billion euros), Prime Minister Victor Ponta said on Monday.'At this moment, we have invoiced works without financing totalling 800 million lei. At the budget revision, we have ...
Works worth 50 million euros to start this autumn to rehabilitate the peninsular area of Constanta City
Tuesday, October 30, 2012
Constanta Mayor Radu Mazare on Friday gave the go-ahead for rehabilitation works on the seaside around the city's casino, mentioning that the total value of investments that start this autumn in the entire peninsular area of the city will near 50 million euros worth of European funds.Besides the rehabilitation of the seaside, the supporting walls, balustrades, utility networks and pedestrian alleys will be rehabilitated and adequate street furniture ...
Tourism : Romania becomes chairman of UNWTO Executive Couuncil
Tuesday, October 30, 2012
Romania was granted the position of chairman of the Executive Council of the World Tourism Organisation (UNWTO) following its application submitted by the Ministry of Regional Development and Tourism (MDRT), reads a release sent by MDRT on Thursday.'We are ready to see out the mandate of chairman, and the unanimous vote in favour of Romania given by the members of the UNWTO Executive Council yesterday [Wednesday, October 24] in Mexico confirms their ...
The Land of Fagaras, included in the EDEN network
Tuesday, October 30, 2012
The Land of Fagaras, central Romania, has been included in the EDEN network of European destinations of excellence at the EDEN annual meeting this week in Brussels, the Brasov Agency for Travel Development reported on Friday.The recently concluded EDEN meeting called 'Stronger together - Expanding the European Destinations of Excellence Network,' included in the network, alongside the winners of the participating countries in the five previous ...
Agriculture : Romania's farming produce exports to Germany are 20 pct higher, in 2011
Tuesday, October 30, 2012
Romania's farming produce exports to Germany grew with 20 percent, amounting to 300 million euros in 2011, although Romania still scores a negative commercial balance, Romanian Minister of Agriculture and Rural Development Daniel Constantin told a conference.'Although our commercial balance with Germany is negative, the Romanian exports to Germany grew by 20 percent, last year, when Germany imported tobacco, maize and rape. I don't know whether we will ...
Ministry of Agriculture, major beneficiary of budget revision
Tuesday, October 30, 2012
Ministry of Agriculture benefits from the largest sum allocated to an area during the budget revision approved by Government, getting 400 million lei, announced Prime Minister Victor Ponta on Saturday, October 27.Ministry of Administration and Interior received 151 million lei for wages, equipment and fuel expenses.The Government allocated 45 million lei to Ministry of Justice, an amount mostly necessary for expenses to implement legal codes. 'We ...
Agriculture Minister: Drought cut on average 20 pct off farming output
Tuesday, October 30, 2012
Agriculture output losses caused by drought this year were 20 pct on average, Minister of Agriculture and Rural Development Daniel Constantin on Tuesday told a specialist conference.'Some sectors lost far more, up to 60%, others 15% or nothing at all. For instance wine quality is higher this year although production decreased compared to last year. I believe that overall, the average loss is 20%, but the 100 million euros that flow in in extra funding ...
Telecom.IT : Vodafone to launch first LTE (4G) network in Romania on October 31, 2012
Tuesday, October 30, 2012
The mobile telephony operator Vodafone Romania on October 31, 2012 is to launch the first LTE network in Romania, which will make it possible to deliver 4G services, informed Vodafone Romania.The Vodafone customers will be able to test the 4G services at data download speeds up to 75 Mbps in several cities before the commercial launch of the LTE services, which will take place early next year. Starting in 2013, Vodafone Romania will offer 4G services ...
Windows 8 is available in Romania
Tuesday, October 30, 2012
Windows 8, the latest version of Microsoft’s Windows operating system, is available in Romania starting October 26 in local retail stores and in the network of Microsoft commercial partners.Windows 8 will be available on over 140 markets and in 37 languages in two versions, Windows 8 and Windows 8 Pro for retail clients, as well as in the Windows 8 Enterprise version dedicated to corporations. Also, Windows RT was launched, a version of Windows 8 ...
Orange Romania brings iPhone 5 to local market in November
Tuesday, October 30, 2012
The mobile phone operator Orange Romania will bring iPhone 5to the local market in November 2012. Orange will offer iPhone 5 and the subscriptions fit for iPhone – Panther 31 and Panther 51, allowing clients to connect to H+ mobile data network with speeds up to 43.2 Mbps. Prices for the new iPhone 5 start from 269 euro for a two-year Onather 51 subscription and could reach 569 euro for Panther 31 for 2 years. The lowest standard price is 749 ...
Ministry of Education invests 32.5 million euro to connect about 2500 schools to Internet
Tuesday, October 30, 2012
The Ministry of Education will organized a tender in December for the purchase of IT&C equipment and services needed to connect 2446 schools to Internet, the contract value being estimated at 148.6 million lei, VAT included. Called “Internet in your school” the project will facilitate public access of education institutions from rural and small urban areas disadvantaged ...
Trade : Tablet sales will grow 4 times this year to 160,000 units
Tuesday, October 30, 2012
Tablet sales in the Romanian market will grow four times this year to about 160,000 units, exceeding the initial estimate of 120,000 units announced in April, said Alexandru Dragoiu, one of the associates of Rosal Import-Export, the firm that owes the E-Boda brand.He added that E-Boda will have a share of 12% in the local tablet market by the end of the year, from 8.5% in ...
Healthcare : Europe, to be confronted with about one million health workers deficit by 2020
Tuesday, October 23, 2012
By 2020, there will be a deficit of about one million health workers throughout Europe, Dr. Raed Arafat, Undersecretary of State with the Health Ministry, said on Thursday, during the General Meeting of the College of Physicians of Romania (CMR).He said that because of some regulations in the European Union, Romania could not bring doctors from other countries, but together with CMR, he aims at attracting Romanian doctors who qualified abroad and who ...
Trade: Microsoft Romania designates eMAG as partner of year in retail trade
Tuesday, October 23, 2012
eMAG was designated by Microsoft Romania as the partner of the year in retail trade because the above-mentioned company has sold more than 100,000 Windows 7 licences so far, reads a release eMAG.'We shall concentrate in the near future on the long expected launch of Windows 8 and we estimate better sales than the ones of the preceding Windows 7, which was a success on the market,' said eMAG sales manager and founder Radu ...
Romania comes first in classification of opportunistic destinations of shopping centres in Europe
Tuesday, October 23, 2012
Romania is the first in the classification of the opportunistic destinations in Europe for investors in shopping centres. It is followed by Poland, Hungary, the Czech Republic and Austria, according to a study made by the real estate consultancy company Savills, which is quoted by daily Ziarul Financiar.Romania is the first especially due to the rapid increase in the consumption expenditures and retail sales estimated for the next five years, 6.1 ...
Building materials market to amount to 3.2M euros in 2012
Tuesday, October 23, 2012
Building materials market is expected to amount to 3.2 euros by the end of 2012, Romanian Association of Building Materials Producers (APMCR) chairman Claudiu Georgescu told Agerpres, on Friday.'The production prices went up because the price for electricity and natural gas got 1.5 - 1.6 percent higher, whilst sale prices are by round 5 percent higher. In terms of sales, cement ranks first with round 600 million euros, followed by thermal insulation ...
Tourism : Eurostat: Romania's hotels report one of lowest June 2012 occupancy rates in the EU
Tuesday, October 23, 2012
Occupancy of hotel bedrooms in the European Union (EU) varied between 33.7 percent in Slovakia, 35.5 percent in Romania and 89.4 percent in Bulgaria, according to data released on Thursday by the Eurostat official statistics bureau of the EU.According to the same data, more then three quarters of the total hotel bedrooms in Bulgaria, Cyrus and Malta were occupied in June 2012.The situation in June 2011 was virtually the ...
Travel advisories aired on radio and TV under MAE-CNA cooperation agreement
Tuesday, October 23, 2012
Foreign Minister Titus Corlatean and president of the National Audiovisual Council (CNA) Rasvan Popescu signed a cooperation agreement between the two institutions to support a campaign for the radio and TV airing of travel advisories.'This is an important subject of public interest, reflecting an international practice, because the government is bound to issue such alerts when the country's citizens are at risk. I wanted Romania to get in line with ...
Telecom.IT : Telecom Romania market to attain bln. 3.6 euros, in 2012
Tuesday, October 23, 2012
The value of the Telecom Romania market will attain about 3.6 billion euros, in 2012, nearly the same as a year before, National Authority for Communication Management and Regulation (ANCOM) President Catalin Marinescu said when attending an event debating the trends in IT&C.'The internet access market, vocal and cable telephony are mature and they will no longer see high growth during the years ahead, or it could happen perhaps when they supply new services. The ...