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Trade : Fewer dairy products imported in January-April 2012
Tuesday, August 21, 2012
Romania imported milk and dairy products worth 75.7 million euros during the first four months of 2012, 5.26 percent less on a year-on-year basis, when the imports amounted to 79.9 million euros, according to data provided by the Ministry of Agriculture and Rural Development (MADR).The amount of milk, cream, soured milk, yoghurt, kefir, butter and cheeses imported on the market on the community market totalled about 74.736 tonnes in the first four months of the year, ...
GfK: Durables market in Romania goes down by 2.5 percent in second quarter
Tuesday, August 21, 2012
The durables market in Romania went on decreasing in the second quarter of this year and dropped 2.5 percent from the similar time span of 2011, according to the GfK Temax Romania study. 'The second quarter of 2012 witnessed various developments, with ups and downs. Considered as a whole, the value of the monitored fields was by 2.5 percent lower than the one in the second quarter of 2011,' reads the above-mentioned study. The only field that saw a ...
Romania exports 171.6 mln euros worth of beverages, tobacco in 4 months
Tuesday, August 21, 2012
Romania exported beverages and tobacco amounting to 171.6 million euros (747.6 million lei) in the four months of this year, a 6.78 percent rise from Jan.-April 2011, show figures centralised by the National Institute for Statistics.Romanian imports of beverages and tobacco totalled 135.5 million euros (590.4 million lei) in the four months, by 22.5 percent more than over Jan.-April 2011. Romania had a surplus of 36.1 million euros (157.2 million lei) ...
Infrastructure : Go-ahead for 53 infrastructure development projects at Romania-Hungary border
Tuesday, August 21, 2012
The Joint Selection Committee for the Hungary-Romania Cross-border Cooperation Program 2007 - 2013 approved funding for 53 new projects worth a total of 68.4 million euros, reads a release of the Ministry of Regional Development and Tourism.Of the 53 selected projects, 26 - worth a combined of approximately 36 million euros - were approved under Priority Axis 1, and are intended for the development of cross-border infrastructure (primarily for the ...
EC approves non-repayable funding from European funds for 'Construction of Timisoara - Lugoj motorway' project
Tuesday, August 21, 2012
The European Commission has approved the non-repayable funding from the Cohesion Fund of the European Union for the 'Construction of Timisoara - Lugoj motorway and Timisoara bypass to motorway standard' project (western Romania), reads a Ministry of Transport and Infrastructure's release.The total eligible value of the funding request is 248.147 million euros, of which co-financing from the European Union, through non-repayable contribution from the ...
CFR receives 3 bids for implementation of ERTMS/GSM-R system on Pan-European Corridor IV
Tuesday, August 21, 2012
The national railway company CFR SA received three bids for the assignment of the contract 'Execution works for signalling installations, ERTMS, GSM-R, electronic centralization and the Simeria Operational Control Center', on the CF Simeria-Coslariu-Sighisoara stretch, CFR informs in a release.The bids were submitted by the company Thales System Romania and two consortia, Bombardier Germany - Huawei Technologies - Remarul 16 February - PIACT Craiova ...
Study on adaptability and flexicurity in EU on road transport sector in Romania
Tuesday, August 21, 2012
The Centre for the Economic Education and Development (CEED Romania) and the National Union of the Road Transport in Romania (UNTRR) elaborated a study on the good models of adaptability and flexicurity in EU and optimal way to implement them in the sector of road transport in Romania, being funded between June 2010 and August 2012 out of the Social European Fund by the Sectoral Operational Programme 'Human Resources Development' (POSDRU).POSDRU project aimed to ...
Agriculture : Daniel Mazilu (ARTRI): Export of agri-food produce may decrease below 30% of volume
Tuesday, August 21, 2012
The current period may be characterized through lower orders, increases in costs for payments in euros, stress and instability, and if we take into account also the drought, will have to expect a decline in the export of agri-food produce below 30% of volume, Daniel Mazilu, Under Secretary General of the Romanian Association for International Road Transport (ARTRI) told AGERPRES.'Hauliers have been affected by the continuing depreciation of national ...
Vegetable production to decline by half this year
Tuesday, August 21, 2012
The vegetable production will decline by half this year compared to 2011 because of the drought having badly damaged the biggest part of the agricultural crops, according to the Romanian farmers. 'This year's production of wheat and barley declined by half compared to last year, while the production of canola practically does not exist. As far as the corn production is concerned, the situation is catastrophic, with over fifty percent drought-stricken ...
Infrastructure : Historic performance for COMVEX terminal, Constanta Port
Tuesday, August 14, 2012
Chinese ore carrier 'Hebei Success,' a real 'sea monster' of 233,592 dwt, measuring 322 meters in length and 58 meters in width, the largest ship to have ever reached the Black Sea, started to be operated in the evening of August 9 in the ore berth of COMVEX terminal in Constanta Port.The ship, under Hong Kong's flag, long as three football fields, arrived in ballast at Constanta to load from here 206,400 tonnes of raw materials, provided by the Central European ...
Regular operation system at CFR Passengers; company wants to reach 75 mln passengers
Tuesday, August 14, 2012
CFR Passengers will introduce as of 2013 a regular operation system that will allow the operation of trains at fixed hours and in a more efficient manner, a system through which the company wants to reach 75 million passengers carried annually by 2020, CFR Passengers' Director General Stefan Roseanu told AGERPRES on Wednesday.Currently, the company carries 53 million passengers annually.'It is a quite ambitious plan that will contribute to the recovery of ...
Project of ferry line between Romania, Georgia, under authorities' focus
Tuesday, August 14, 2012
The rejuvenation of the Romania - Georgia ferry line project has been analyzed in the meeting between Romanian Minister of Transport and Infrastructure Ovidiu Ioan Silaghi and Georgian Minister of Economy and Sustainable Development Vera Kobalia.According to a relevant ministry's Thursday press release, the Georgian side has informed the Romanian authorities that it has identified potential private investors interested in this ...
Bulgaria, Romania Face Fines over Non-Functioning Ferry Line
Tuesday, August 14, 2012
Bulgaria and Romania face tough financial sanctions from the EU unless they open the Silistra-Kalaras ferry line.The Silistra-Kalaras ferry complex, which was built using tens of millions of EU funds, is closed, according to reports of the Bulgarian National Television (BNT).The ferry line has been out of service for a third year due to misunderstandings between the concessionaires on both sides of the Danube.The 35-year ...
Cars : BMW Group Romania's seven-month local sales go past 1,220 units
Tuesday, August 14, 2012
BMW Group delivered in Romania in the first seven months of the year 1,227 cars, up 15 pct from the similar period of the previous year, with the BMW X range performing best, the company said in a release on Thursday.Thus, BMW Group's local sales steadily follow an upward trend, with the seven-month 1,227-unit sales up 15 pct from the 1,067 units registered the year before. This is the best result since 2008 and the second best performance since the debut ...
Second 'cash-for-clunker' program session starts with 15,000 available vouchers
Tuesday, August 14, 2012
The second session of this year's ‘cash-for-clunker' program for individuals kicks off on Wednesday, August 8, with a budget of RON 57 ml (about 12.5 million euros) earmarked by the Environment Fund's Administration; under the program, 15,000 cars older than 10 years can be taken off the roads, announced representatives of the Ministry of Environment.Ministry representatives said the session for legal persons is in the file-submission stage, which runs between ...
Agriculture : Some 47 pct of maize cultivated surface affected by drought to various degrees
Tuesday, August 14, 2012
Some 47 pct of the surface cultivated with maize is currently affected by drought to various degrees, and of all cultures this is the most severely hit, Secretary of State with the Ministry of Agriculture (MADR) Daniel Botanoiu said on Wednesday.'Of the total surface cultivated with maize, 47 pct is affected by drought to various degrees. We cannot say what the total production will be, we'll see in the end, but I think that of all the crops this will be the most ...
Milk production in H1 rises 54 percent
Tuesday, August 14, 2012
The production of cow's milk recorded in H1 2012 increased by 5.4 percent (23,607 tonnes), compared with the same period in 2011, up to 462,636 tonnes, read the National Statistics Institute /INS/ data .In H1 2012, production increased in terms of cheese, including the amount of cheese obtained exclusively from cow's milk (84.2 percent of total cheese production) by 2,251 tonnes (+7.0 percent) and butter, by 37 tonnes (+0.8 percent). Cheese production totaled 34,276 tonnes ...
Tourism : Tariff for holidays in Romania to stay unchanged, despite devaluation of national currency
Tuesday, August 14, 2012
The increase in the exchange rate does not affect the tariffs for holidays in Romania, reads a release of the Romanian Tourism Employers' Federation (FPTR).'Even if the leu has devalued a great deal in the past weeks, the costs of the holidays in Romania will not be changed this summer, the way many people would expect,' said FPTR's vice-president Dragos Raducan.Firstly, the contracts between travel agencies and hotel owners allow increase in tariffs only ...
Real estate: Modern commercial retail property estimated at 2.31 million sqm in second quarter in Romania
Tuesday, August 14, 2012
The modern commercial retail property in Romania in the second quarter of 2012 is estimated at 2.31 million square metres, according to Bucharest City Report, conducted by Jones Lang LaSalle company.The property in Bucharest is estimated at about 775,000 square metres and witnessed no modification compared to the first three months of the year. In the second quarter however, it is expected that five to seven retail centres are finished in Romania, amounting to ...
Healthcare: Romanians cover 40 percent of drugs' price
Tuesday, August 14, 2012
The Romanian people have to cover 40 percent of the price of pharmaceutical drugs, as Romania ranks in the bottom places in Europe in terms of Government support for patients who need drugs, reads a press release sent by the Romanian Association of the International Drugs Producers (ARPIM). According to OECD Health Data 2010, the patients pay but 0.7 percent of the drugs value in the Netherlands, 1.2 percent in France and 5.4 percent in Germany.Romania ...