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Romanian Telecom market one of most competitive in terms of users
Tuesday, October 23, 2012
The Romanian Telecom market is one of most competitive in terms of users, the National Authority for Communication Management and Regulation (ANCOM) chairman Catalin Marinescu said on Tuesday when attending an event debating the IT&C trends.In terms of users, the Romanian Telecom market is one of the most competitive because one can obtain almost anything. Prices are more and more competitive, but we have in view the average price per minute, and this is one of ...
4G licence fees, quite high in Romania, operators argue
Tuesday, October 23, 2012
Romania's main mobile phone operators believe the spectrum allocation auction organised by Romania's National Authority for Communications Regulations (ANCOM) was conducted in a transparent and fair manner, although the 4G licence fees were quite high for the market.Orange Romania CEO Jean-Francois Fallacher says the auction was a fair, transparent and well-organised process that met the European standards, although ...
Orange launches first international HD phone call
Tuesday, October 23, 2012
The Orange clients in Romania and the Republic of Moldova will be able to launch HD quality voice calls, as the telecom operator managed for the first time to interconnect these two mobile networks with different infrastructure. According to an Orange Romania press release, HD Voice success in the two countries, as well as the linguistic and cultural ties were the basis for Orange Romania and Orange Moldova decision to continue the innovation and ...
Postal services market grows by 28pct in 2011, according to mail traffic
Tuesday, October 23, 2012
Postal services market grew last year by 28 percent in terms of total mail traffic, after three years of decline, according to the statistical data report on postal services in 2011, published on Friday by the National Authority for Management and Regulation in Communications (ANCOM).The cited source says that, in 2011, there were increases in both the domestic traffic, by 29 percent, and in the cross-border traffic, by 15 percent.In terms of value, ...
Agriculture : PM Ponta says drought-hit farmers will be helped at next budgetary revision
Tuesday, October 23, 2012
Prime Minister Victor Ponta on Monday announced having discussed with the coalition partners inside the ruling Social Liberal Union (USL) the main guidelines for the next budgetary revision, which will provide for substantial aid to the farmers affected by this summer's drought.'I discussed with the USL colleagues the main guidelines for the next budgetary revision, to be performed late this week or next week, when we keep our word on what we promised ...
Infrastructure: PM Ponta: CNADNR debts to road builders - 779 million lei
Tuesday, October 23, 2012
The National Highways and Roads Company in Romania (CNADNR) owes road constructors for performed works the amount of 779 million lei (about 170.247 million euros at today's exchange rate - editor's note), to which 1.3 billion lei (about 0.284 billion euros at today's exchange rate - editor's note) for works performed, but not invoiced, Prime Minister Victor Ponta said on Monday.The Government's head gave this statement after a discussion with the heads ...
Green light for new investments in water supply infrastructure
Tuesday, October 23, 2012
Romanian's Government on Wednesday approved the technical-economic indicators for four new investment objectives in the infrastructure of water supply, sewage and wastewater treatment plants, according to a release remitted by the Regional Development and Tourism Ministry (MDRT).The works will be carried out in a project funded through a loan from the Council of Europe Development Bank and implemented by the National Investment Company, under the coordination of ...
Cars: Chevrolet sells 1,392 cars in first nine months of 2012
Tuesday, October 23, 2012
Chevrolet car sales on the Romanian market amounted to 1,392 units in the first nine months of 2012, Chevrolet Romania Public Relations Manager Florentina Stoica told Agerpres.Chevrolet's market share of the Romanian domestic market in the period January-September 2012, stood at 2.14 percent, Florentina Stoica said.Chevrolet car sales in Europe increased 2.3 percent in the first nine months of 2012 compared with the same period of last ...
Cars:PM Victor Ponta and APIA representatives discuss measures to boost new cars sales on Romanian market
Tuesday, October 16, 2012
rime Minister Victor Ponta and the representatives of the Association of Cars Manufacturers and Importers (APIA) in Romania discussed measures to boost the sales of new cars on the Romanian market, both from the domestic production and from abroad, measures such as solutions for the vehicle excise duty and the improvement of the car scrappage scheme.Prime Minister Victor Ponta stressed the importance of the renewal of the car fleet in Romania both for ...
Auto.ro: number of used cars imported to Romania skyrockets by 83% in first nine months
Tuesday, October 16, 2012
More than 120,000 used cars were imported to Romania in the first nine months of 2012, by 83% more than in the same period of the previous year, reveals a relevant analysis of the portal auto.ro.From January to September 2012, the number of imported used cars to Romania skyrocketed by 83% to over 120,000 units, from 66,000 units registered in the same period of 2011.Also in the said period, the number of re-registered cars decreased by 14% ...
Real Estate : Ten active developers in real estate market
Tuesday, October 16, 2012
There are less than ten active developers in the Romanian market and investments have in view the commercial and office segments since there is an important confidence deficit in the residential sector, cumulated with financial problems specific of the economic crisis. “I think there are less than 10 active developers (in Romania – e.n.). There is maximum activity only in retail, with accent on office”, said Mihnea Serbanescu, general manager of ...
Prices of new apartments dropping in Bucharest
Tuesday, October 16, 2012
Prices of new apartments in Bucharest have dropped since the beginning of the year, recording the biggest decline compared with the first nine months of 2011. According to an analysis made by imobiliare.ro since the beginning of the year when sellers asked for 1,377 euro on the average, new apartments recorded a drop of 6.3% compared to 2011. Prices are however 23% higher than those of old ...
SkyTower, over 100 million euro investment bringing 41,200 rentable square metres in Bucharest
Tuesday, October 16, 2012
SkyTower, an investment of over 100 million euros, is the largest construction project of all markets on which Raiffeisen Property International operates, Karl-Maria Pfeffer, the company's CEO, told a specialist conference on last Wednesday.With a height of 137 meters and 37 floors, Sky Tower office building, owned by Raiffeisen Property International, is the tallest building in Bucharest and Romania. The building has a total rentable area of 41,200 ...
Agriculture : 2012, one of the best years for Romanian wine
Tuesday, October 16, 2012
The 2012 wine production is one of the best in point of quality, although in point of quantity producers cannot be very satisfied, said Adrian Radulescu, the head of the Commission for Agriculture in the Chamber of Deputies at a press conference. “For Feteasca neagra we have 260-300 grams of sugar per liter, which makes wines get strengths of 15-16 degrees. Unfortunately, exports ...
Government to supplement financial support for livestock breeders
Tuesday, October 16, 2012
The Government approved in its Wednesday's session a decision under which it supplements the financial support for livestock breeders, announced the Government's spokesman Andrei Zaharescu.'The Government has approved a decision for supplementing financial support in 2012 for agricultural producers - individuals or legal persons - that hold, raise and exploit production livestock of sheep/goat species, identified and registered in the national system,' ...
Infrastructure : Basescu, Berdymuhamedov discuss materialisation of cooperation between Constanta and Turkmen Bashi ports
Tuesday, October 16, 2012
On Thursday in Ashgabat, Turkmenistan, Romania's President Traian Basescu discussed with his Turkmen counterpart Gurbanguly Berdymuhamedov the materialisation of cooperation plans between the Romanian port of Constanta and the Turkmen Bashi port.'I have underscored the need to materialise the cooperation plans between the ports of Constanta and Turkmen Bashi that was initiated in May 2011 in Bucharest under a protocol, so that the two ports may be ...
Romania, Bulgaria sign memorandum on sustainable development of Danube transport
Tuesday, October 16, 2012
Romania and Bulgaria signed on Thursday in Sofia a memorandum on putting in place an inter-institutional committee for sustainable development of the inland waterways transport along the Romanian-Bulgarian Danube stretch. The document was signed by Romanian Minister of Transport and Infrastructure Ovidiu Silaghi, Bulgarian Minister of Regional Development Liliana Pavlova and Bulgaria's Minister of Transport and Information Technology Ivailo ...
Trade : Flanco: local market of tablets to reach 100,000 units by end-2012
Tuesday, October 16, 2012
Local retailer of IT&C products, electronics and household appliances Flanco estimates that the local market of tablets will reach 100,000 units by the end of this year, double compared with 2011, and in 2013 it will reach 150,000 units, reads a company's release.The average price of a tablet is 1,400 lei and the largest market share is held by the tablets in the price segment of up to 1,000 lei.'Tablets represent the fastest-adopted ...
Telecom.IT : Survey: Romanians disagree with public posting of daily activities on social networks
Tuesday, October 16, 2012
Over a third of Romanians disagree with public posting of daily activities on social networks, whilst the preferred device for logging on to the Internet remains the mobile PC (laptop or Ultrabook) followed by smartphone, read the conclusions to the 'Intel UltraYou' survey conducted by Mercury Search.The findings of the survey show that 35% of the Romanians who hold a social network account would not feel comfortable if their entire Internet activity ...
Stefanos Theocharopoulos, head of Cosmote: Network is ready for LTE/4G technology to be launched in 2013
Tuesday, October 16, 2012
The Cosmote network has been recently upgraded, it is ready for LTE/4G technology allowing download speeds of 100 Mbps. We will launch these services next year, said Stefanos Theocharopoulos, the head of Cosmote Romania. Last month, Orange, the leader in the market of mobile phones, announced the launch of 4G services at the end of the year, while Vodafone, the second largest mobile phone operator says it will have such services early in ...