RSS
Economic
Trade : Online retail trade will grow by 30% to 600 billion euro this year
Tuesday, July 17, 2012
The retail market will reach 600 million euro in 2012, on the rise by 33% compared to 2011 when it was 450 million euro, Raluca Georgescu, general manager of Allegro Group Romania declared for Wall-Street.ro. Most transactions are for the purchase of electronic and IT products, clothes and cosmetics. The figures do not include payment for utilities and services. The value of 600 million euro for 2012 and 450 million for last year also include payment by credit ...
Real estate : Real estate investments, the lowest volume in the last 7 years
Tuesday, July 17, 2012
In the first semester of the year, Romania registered the lowest volume of investments since 2005. In the first 6 months of 2012 only two transactions of 55 million euro were concluded – the sale of Nokia factory by De Longhi and the purchase of the complex City Business Centre in Timisoara by NEPI, according to the mid year report of CBRE Romania about the investment ...
Tourism : Five-month tourist arrivals up 12.9 pct y-o-y
Tuesday, July 10, 2012
Jan - May arrivals and overnight stays in tourist accommodation facilities were by 12.9 pct, and respectively 8.5 pct higher y-o-y, shows a Tuesday release of the National Statistics Institute.Arrivals in hospitality facilities totaled 2,419,500, up 12.9 pct from the similar period of the year before. Romanian tourist arrivals accounted for 76.7% of the total figure, while foreign tourists accounted for 23.3% of the total, both shares being close to ...
Tourism Ministry State Secretary: The market plays a very important role in tourism sector
Tuesday, July 10, 2012
The tourism is an extremely complex sector in which the market plays an important role and there is a trend among travelers to choose the green tourism holidays, State Secretary with the Romanian Ministry of Regional Development and Tourism (MDRT) Cristian Barhalescu told a specialized conference on Monday.'There is a trend among holidaymakers to choose the green tourism, the wild destinations and the tourist packages that give them the opportunity to ...
Cozmanciuc (MMP): Development of environmental tourism in RAMSAR sites receives priority in Romania
Tuesday, July 10, 2012
The development of the environmental tourism in the areas of international importance known as RAMSAR sites (wetlands - editor's note) represents a top priority to Romania, Environment and Forest Ministry (MMP) State Secretary Corneliu Mugurel Cozmanciuc told specialty conference, on Monday.'To Romania, the development of the environmental tourism in the wetlands represents a priority and the Danube Delta (east) is an example in the respect. The Ramsar ...
Real estate : Colliers: over 750,000 square metres of office spaces could become vacant, in the Capital between 2012 -2014
Tuesday, July 10, 2012
The next three years will bring significant opportunities on the office market in Bucharest, as almost 754,000 square metres of office spaces will be under renewal and renegotiation according to a study of Colliers International Romania. The request will be determined by the rent contracts which will reach maturity between 2012 and 2014. The Colliers study shows that over 90,000 square ...
Building up in five months
Tuesday, July 10, 2012
Building volume by gross series was up 10.8 percent in the five months of this year from last Jan.-May; when considered by series adjusted to the number of working days and seasonal works the rise was of 9.4 percent, reveal figures supplied by the National Institute of Statistics to Agerpres on Friday.By structural elements, new building expanded 24.3 percent, gross series. Decreases were recorded at capital repair (minus 13.9 percent) and at ...
Healthcare : Romanians go and see a shrink (media)
Tuesday, July 10, 2012
Psychology and psychotherapy services are a narrow market, of round ten million euros, but going and seeing a therapist might be no longer a taboo subject, and business could grow, the Capital reads citing experts as saying.It is a service, which clients pay 200 lei (rd. 45 euros), for. Judging by the low incomes Romanians earn, it is no wonder that psychology and psychotherapy services come far behind the Western European markets, ...
Infrastructure : EU divided over single liberalised railway system
Tuesday, July 10, 2012
The European Parliament has moved a step closer towards establishing a single, liberalised European rail network after a round of voting on the proposed competition rules. The new rules aim to boost the supply of international freight and passenger services and to improve their quality, clarify competition rules for rail transport firms and rail infrastructure managers while establishing independent regulators to oversee the network. The EU has ...
Bucharest-Ploiesti, Bucharest-Constanta motorways could be ready by July 20
Tuesday, July 10, 2012
Prime Minister Victor Ponta said on Thursday that both the Bucharest-Ploiesti and Bucharest-Constanta motorways will be ready by July 20, insisting that if the deadlines are missed, the people in charge will be called to account.'Both the states secretary with the Transport Ministry and the head of the National Roads and Motorways Corporation of Romania (CNADNR) said that they will get to Constanta and Ploiesti on July 20. I hope, for their own good, that they will ...
Gov't approves 465 million euros for Universitate-Pantelimon metro line
Tuesday, July 10, 2012
The Government on Wednesday passed a draft law concerning the ratification of a funding contract worth 465 million euros for the commissioning of a new line of the Bucharest metro to link the Universitate and Pantelimon areas, governmental spokesman Andrei Zaharescu reported.'This is a draft law that regards the ratification of a funding agreement between Romania and the European Investment Bank related to the 5th stage in the upgrading of they ...
Agriculture : Tulcea ranks first in Romania's environmental farming
Tuesday, July 10, 2012
About 35,000 ha croplands in Tulcea County (south-east) are environmentally farmed, read data supplied by the Directorate for Agriculture and Rural Development (DADR), Tulcea County ranking the first in the respect. Whereas the environmentally tilled cropland covered 24,582 ha in 2008, it reached 27,923 ha in 2009 and 28,524 ha, in 2010.'About 12 percent of the County's cropland, namely 31,840 ha were eco-friendly tilled, last year, which made Tulcea ...
Volume of work in farming exploitations by 41.7 pct lower, in 2010 vs. 2002
Tuesday, July 10, 2012
The volume of work in the farming exploitations got 41.7 percent lower, in 2010 compared to the results of the General Agricultural Census (RGA) conducted in 2002, read the RGA 2010 final results, National Statistics Institute (INS) made public, on Monday.The work volume in annual work units (UAM) represents the volume of work one person carries out in the agricultural exploitation in a full work- time equivalent, during 254 working days a year, 8- ...
Number of agricultural holdings down 14 pct in eight years
Tuesday, July 10, 2012
The number of agricultural holdings decreased by 14 percent in the period 2002 - 2010, reaching 3,859,043, shows data of the General Agricultural Census (GAC) cited by the National Statistics Institute in a release this Monday.In 2010, the number of agricultural holdings without legal personality was 3,828,345, by 14.2 pct lower than in 2002, while the number of holdings with legal personality increased by 34.8 pct to 30,698.The decrease in ...
Telecom.IT : Fixed line termination rates down 18 pct as of July 1
Tuesday, July 3, 2012
Beginning July 1, fixed line termination rates will go down by 18 pct to 0.67 eurocent / minute, following the regulations implemented by the National Authority for Management and Regulation in Communications (ANCOM).ANCOM said in a statement that this is the second step in a move to lower fixed line termination rates, after the one in March 2012, when rates were cut by 15.5 pct.Termination rates are the prices one telecommunications operator charges to another for ...
Infrastructure : Belgium to support upgrading Bucharest North Station under public-private partnership
Tuesday, July 3, 2012
Belgium will support Romania developing the North Station of Bucharest City under the first infrastructure public-private partnership in Romania.The Romanian Ministry of Transport and Infrastructure (MTI) reports that Transport Minister Ovidiu Silaghi welcomed Belgium ambassador in Bucharest Philippe Beke to discuss the partnership.At the meeting, the minister voiced the interest of the ministry and the CFR SA national railway corporation of Romania in continuing a ...
Romania-Bulgaria-Turkey Road Company Set for Fall 2012
Tuesday, July 3, 2012
The project company for the construction of a major highway running from Romania to Turkey and Greece via Bulgaria (aka the Ruse-Svilengrad Road) is to become operational in October. The project will be implemented through a public-private partnership scheme. The latest news surrounding the Ruse-Svilengrad high-speed road project were ...
Agriculture : Romanian agriculture lacks young farmers
Tuesday, July 3, 2012
A serious problem facing Romanian agriculture is the lack of youth willing to step into this business, Achim Irimescu, Secretary of State with the Ministry of Agriculture and Rural Development, on Tuesday told a debate on the reform of the Common Agricultural Policy (CAP).'Romania has just few youth in agriculture, although there are currently schemes in place encouraging young farmers to settle in rural areas. As for attracting young people to ...
Statistics: Total milk production of 2011 declines 1 percent
Tuesday, July 3, 2012
The total production of milk declined 1 percent in 2011 (9,384 tonnes) from 2010, to 916,021 tonnes, as reveal the data of the National Institute of Statistics (INS)..The largest decrease, by 27 percent, namely 27,995 tonnes, was registered in the case of powder milk.The cow milk production declined 0.7 percent (6,402 tonnes), reaching 897,348 tonnes, the buffalo cow milk production decreased 30.9 percent, to 963 tonnes and the goat and ...
Statistics: Total meat production, 4 percent more in 2011
Tuesday, July 3, 2012
The total production of meat went up by 4 percent in 2011 as compared to 2010, and the production of milk and eggs reported 1.9 and 2.1 percent higher figures in the aforementioned period, according to the data provided on Friday by the National Institute of Statistics (INS).On the other hand, the production of wool dropped 7 percent in 2011.The structure of meat production on categories in 2011 compared to 2010 shows that poultry meat went up by one percentage point, ...