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Economic
Audit finds hundreds of millions of euros misspent at national companies under Transport Ministry's authority
Tuesday, July 31, 2012
The companies under the authority of the Ministry of Transport and Infrastructure (MTI) have squandered hundreds of millions of euros in breach of the legislation or without justification, shows a report prepared by an audit commission.Minister in charge Ovidiu Silaghi presented a recent press conference in Satu Mare (north-west) some of the results of the audit conducted for the period 2009-April 2012, adding that the European Anti- Fraud Office - ...
Real Estate: Colliers International Romania doubles its customer portfolio
Tuesday, July 31, 2012
Colliers International Romania realtor increased its customer portfolio for property management services by 100 percent in the first six months of 2012, compared with late 2011, according to a press release issued by the company.The company says the increase materialised in a doubling of projects from late 2011.'The main issue facing property developers in Romania is the tenants leaving the buildings, which shows signs of worsening in the ...
Agriculture production up 8.9 percent in 2011
Tuesday, July 24, 2012
Agriculture production went up by 8.9 percent in 2011 compared to 2010 according to preliminary data released on Monday by the National Institute of Statistics (INS).The crop production went up by 12.9 percent and the farm animal production went up by 0.8 percent whereas the agricultural services production dropped 4.6 percent.According to INS, no significant modifications in the production structure has been made. The crop production is ...
Tourism : Buzaului Land and Alba Iulia, new EDEN European destinations of excellence
Tuesday, July 24, 2012
Buzaului Land (south) and Alba Iulia (center-west) have been designated as European excellence destinations within the EDEN project, launched six years ago by the European Commission / EC /, the Ministry of Regional Development and Tourism / MDRT / announced in a press release on Friday.According to the quoted source, at this year's edition of the project and following the national EDEN competition, Buzaului Land was designated as the Romanian ...
Infrastructure : PM Ponta to French ambassador: We have to continue building the Comarnic-Brasov motorway
Tuesday, July 24, 2012
Prime Minister Victor Ponta told a reception party on July 14, France's National Day, that the joint Romanian-French projects should continue, mentioning to the point the motorway from southern Comarnic to central Brasov.'Romania has built its modern society on a French pattern, and I believe democracy, law, the social system and culture found inspiration in the French model. I also believe that we should be eternally grateful to France for its support ...
EBRD: Northern section of Constanta bypass, a free-flowing route for Black Sea bound tourist traffic
Tuesday, July 24, 2012
The northern part of the newly-built bypass around the south-eastern city of Constanta, which is part of the Pan-European Road Corridor IV, will route heavy port traffic away from the town and will provide a free-flowing route for tourist traffic from the capital Bucharest and the north of the country to the seaside resorts south of Constanta, reads an EBRD release.'We are delighted to see the northern Constanta bypass open to traffic today, [July 19]. ...
Real estate : Eurostat: Romania tops EU building works, in May
Tuesday, July 24, 2012
Romania ranked first among the EU countries, accomplishing by 21.1 percent more building works in May, 2012 compared to the same month of 2011, whereas construction works went down 6.9 percent in the EU, and 8.4 percent in the euro area, inform data the Statistical Office of the EU Commission (Eurostat) made public on Wednesday.According to the available data the building works volume increased in three EU Member States and dropped in twelve. The sole ...
Cars : Romanian car registration ranks fifth in EU, in H1 2012
Tuesday, July 24, 2012
The Romanian car market's growth pace has been one of the fastest in the European Union, during the first six months of the year, when 33,343 new cars were registered, namely by 5 percent more compared to 31,758 cars registered during the same time, last year, read data European Automobile Manufacturers Association (ACEA) published on Tuesday.Higher growth scored Hungary - 19.9 percent, Estonia - 18.9 percent, Poland - 7.6 percent and Latvia - 7.5 ...
Dacia sales in Europe rise 7.8 pct in June
Tuesday, July 24, 2012
The Dacia cars registrations in Europe totalled 24,664 vehicles in June, up 7.8 percent from June 2011 (22,876 units), while the domestic carmaker saw its market share expand 2 percent in June, reveal statistic figures made public by the European Automobile Manufacturers' Association (ACEA) on Tuesday.Dacia registrations in Europe hit 122,871 units Jan. to June, down by 5.8 percent from the six months of last year (130,382 ...
Telecom.IT : WB : Mobile Phone Access Reaches Three Quarters of Planet's Population
Tuesday, July 24, 2012
Around three-quarters of the world’s inhabitants now have access to a mobile phone and the mobile communications story is moving to a new level, which is not so much about the phone but how it is used, says a new report released today by the World Bank and infoDev, its technology entrepreneurship and innovation program. The number of mobile subscriptions in use worldwide, both pre-paid and post-paid, has grown from fewer than 1 billion in 2000 to over ...
Healthcare: Emerging state, Romania included, will ensure 30% of world medicine sales in 2016
Tuesday, July 17, 2012
China, India, Brazil, Russia and 12 other emerging states, Romania included, will ensure 30% of world sales of medicine in 2016, on the rise from 20% last year, according to a report made by IMS – Institute for Healthcare Informatics in the US. The rising expenses in 16 emerging pharmaceutical markets will feed the advance of world sales in the specialized market until 2016. On ...
PM Ponta: Fail we make fundamental changes, healthcare circumstances will get worse than before '89.
Tuesday, July 17, 2012
Prime Minister Victor Ponta said on Friday, that no important change is made in the healthcare, the system will remain without physicians and the healthcare conditions will get worse than before 1989.I was in hospitals, I was visiting hospitalized people, and I honestly believe, we no longer can go on, like this. If we fail making a fundamental change, we'll be left without physicians and the healthcare conditions will be worse than before 1989, which I reckon, puts ...
Infrastructure : MTI: 46.361 million persons carried by metro in first quarter of 2012
Tuesday, July 17, 2012
Metrorex in the first three months of this year carried 46.361 million passengers, according to the statistics carried out by the Transports and Infrastructure Ministry (MTI).The passengers' flow in the above-mentioned period stood at 669.957 million passengers per kilometre.Last year, 170.525 million passengers were carried by metro trains.The length of the metro network of the Municipality of Bucharest unfolds on 69,25 km, distributed on ...
Chinese investors eyeing Siret-Baragan Canal
Tuesday, July 17, 2012
Representatives of the Ministry of Agriculture and Rural Development (MADR) discussed with Chinese investors the construction of the Siret-Baragan Canal (that runs across several eastern and southern counties), with the businesspeople voicing particular interest in the amortization procedure, should they decide to put their money into this project.'Last week we had a meeting with the Chinese delegation, who have a penchant for such investments. The ...
Agriculture : Average wheat yield dropped by 20% and wheat price grew by7 25% in 2012
Tuesday, July 17, 2012
The average wheat per hectare yield dropped by 20% this year compared to the same period of 2011, while the price of wheat grew by 20-25% but the quality has not been seen in the last 25 years, said representatives of the Inter-professional Organization “Cereals and Derivative Products”. “In point of wheat quality there was an improvement this year, with a quantity reduction of 20% due to drought and weather conditions which forced these cultures ...
Agriculture Minister assesses redirection of EU funds from 2008-2010 projects
Tuesday, July 17, 2012
The Ministry of Agriculture assesses relocating some European funds from projects in 2008-2010 in amount of 800 million euros, projects which have not even started yet, Minister of Agriculture Daniel Constantin told a conference on Tuesday.The amounts could be redirected, subject to the approval of the European Commission, from investments in farms included in the Rural Development National Programme (measures 121, 123) to other measures where the ...
CEROPE proposes to link afforestation strategy to coherent emission-reduction targets
Tuesday, July 17, 2012
The Romanian Centre of Economic Policies (CEROPE) proposes to link the current afforestation strategy of the Ministry of the Environment and Forestry to coherent targets of emission-reduction, meant to contribute to the constant increase in the forested surface by taking into consideration the lands with low agricultural production stretching over 495,000 ha.'Agriculture is a major source of emission-reduction by the agricultural land available which ...
Romania wants 400 million euro funds for irrigations in future EU budget
Tuesday, July 17, 2012
Romania could benefit in the coming budget of the European Union for the period 2014-2020 of structural funds for the irrigation sector, the necessary amount being evaluated at 400 million euros, Agriculture Minister Daniel Constantin told a press conference on European Funds on Tuesday.'We have been trying since 2014 to have access to a special programme of structural funds devoted to the irrigation sector. Without a competitive irrigation sector we ...
Minister Constantin: As of today, farmers can benefit by energy for irrigations cheaper by 20 percent
Tuesday, July 17, 2012
The agricultural producers can benefit by a price lower by 20 percent for the electric energy necessary for the irrigations starting from Thursday, Minister of Agriculture and Rural Development Daniel Constantin told a press conference on Thursday. 'As of today, the farmers will have access to the type B regulated tariff allowing them to slash by 20 percent the price of the electric energy used for 1,000 cubic meters of pumped out water. The price goes down from 250 lei/1,000 ...
Cars : New vehicle registrations decrease by almost 15 percent in June
Tuesday, July 17, 2012
The number of the new vehicles that were registered in June was 9,398, down by 14.56 percent from the same month in 2011 (the most important diminution, 35.85 percent, in the segment of semi-trailers), reveal the statistics of the Directorate of Driving Licence Regime and Vehicle Registration (DRPCIV). According to the above-mentioned source, last month 9,398 new vehicles were registered, which is the equivalent of a 14.56 percent drop from the same time span of the previous ...