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Economic
Gov't earmarks 200 million to keep First Home programme afloat
Tuesday, June 12, 2012
The Government on Wednesday earmarked 200 million euros in guarantees for loans take out under the First Home programme.'The Finance Ministry today opened a new credit line for the First Home programme worth RON 200 million,' Prime Minister victor Ponta mistakenly reported.Finance Minister Florin Georgescu said it was about 200 million euros.He said that the 200 million euros could cover loans worth 400 million euros under the ...
Agriculture: Romanian registered bio farmers double numbers to 20,350 in a year
Tuesday, June 12, 2012
The Romanian registered bio farmers doubled their numbers in a year up to 20,350 on May 31, 2012, said Daniela Rebega, a counselor with the organic farming department of the Ministry of Agriculture and Rural Development, on Tuesday.'While in 2011 we recorded a threefold increase in the number of the operators registered in bio farming, their numbers doubled in 2012 from last year. According to the data communicated by the agricultural ...
Bio Romania carrying out two promotion programmes throughout 2014
Tuesday, June 12, 2012
The Association of Romanian Ecological Farming Operators Bio Romania is carrying out two programmes to promote ecological products on the domestic and external markets worth over 2.2 million euros, 50 percent covered by European funds, according to data released by the Romanian Ministry of Agriculture at a conference on Tuesday organised by Bio Romania.The first programme comprises information and promotion actions in Romania and Germany for ecological ...
Trade : The retail market for IT and electronics grows to 1.15 billion euro this year
Tuesday, June 12, 2012
The retail market for IT and electronics reaches this year 1.15 billion euro, more by 50 million euro than 2011, the leadership of Flanco estimates. For second quarter of the year, the company estimates a stagnation of the market after the first quarter the domain increased by 2%. The leadership of the company wishes to reach the end of the year at the market share of 15%. In the first quarter of this year the retailer had a ...
Tourism : PwC Report: tourism has a huge potential but the infrastructure keeps it back
Tuesday, June 12, 2012
The income of the touristic industry of Romania reduced by 16% over the last four years, down to 1.5 billion euro in 2011, mainly due to the drop in the number of foreign tourists and their expenditure, the local market being one of the most affected by the crisis in the region, according to PwC Romania. The expenditure of foreign tourists dropped from over 750 million euro in 2008 to less than 600 million euro. Over the last four years, the average annual rate of ...
Tourism: Prince Charles will promote tourism in the Carpathians
Tuesday, June 5, 2012
The minister of regional development and tourism Eduard Hellvig stated on Friday in a press conference organised in Targu Mures that the government draws up a strategy together with the Royal House of Great Britain, more exactly with the representatives of Prince Charles for the promotion of tourism in the Carpathians. Minister Eduard Hellvig stated that at the level of the general secretary of the government (SGG) there is a technical secretary who coordinates a ...
Foreign tourist arrivals up 1.7 pct in first 4 months of 2012
Tuesday, June 5, 2012
Foreign tourist arrivals in Romania have surged by 1.7 percent over Jan. - April 2012, compared to the same period of 2011, amounting to 1.987 million, according to a release of the Ministry of Regional Development and Tourism. Most foreign visitors came from European countries (95 percent), and 62.3 percent accounted for the all-in arrivals of the travelers from the EU-member states, namely Hungary (35.2 percent), Bulgaria (21.1 percent), Germany (8.8 percent), ...
Healthcare: Premier Ponta on clawback tax: We are between Scylla and Charybdis
Tuesday, June 5, 2012
Premier Victor Ponta said that the Government was in a difficult situation over the clawback tax and could not put into practice either the variant the drug producing companies want or the calculation formula made by the former Boc Government.He added that the Government must choose between the claims of the drug producing companies and the restrictions imposed by the IMF.'We are somehow between Scylla and Charybdis. On the one hand we cannot violate the ...
Telecom .IT: Bitdefender Internet Security, best antivirus according to AV-TEST
Tuesday, June 5, 2012
Bitdefender, the leader of the local anti-virus solutions market, announces that Bitdefender Internet Security product got the highest score for the sixth time since early last year during the AV-TEST evaluation, the highest demanding testing ever.According to the quoted source, the round of tests held in March-April placed Bitdefender on the first position, with 17 points out of a maximum of 18 possible points, ahead of other 21 antivirus products, among which there ...
Agriculture: Romania's Forest fund surface, below EU average
Tuesday, June 5, 2012
Romania's forestry fund accounts for 27.3 percent of the country's territory and is below the European Union (EU) average, which stands at about 36 percent, according to data released on Thursday by the National Statistics Institute (INS ). In 2011, the forest fund area increased by 4,297 hectares (0.1 percent), to 6,519,470 hectares, mainly due to pastures reforestation and introduction of degraded land into the Forest fund. At the EU ...
European Awards for traditional Romanian jams made by Sonimpex
Tuesday, June 5, 2012
SC Sonimpex Serv Com will be awarded, at the end of this month, by the International Taste and Quality Institute in Brussels (ITQI) for some other three of its own products in 'Topoloveana' range , respectively for the organic jams of blueberry, plum and sweet almond and underbrush.According to a Sonimpex company press release, if in the last two years the company has sent to the annual competition the 'Topoloveni' plum jam and 'Topoloveana' black ...
Infrastructure: Portugal's air carrier TAP to operate direct Bucharest - Lisbon flights as of July 1
Tuesday, June 5, 2012
Portuguese air carrier TAP will operate as of July 1 three Bucharest - Lisbon weekly roundtrip direct flights, the company's Sales Manager for Romania Peter Szolnok declared on Wednesday.'We will focus on tourism traffic, the more so as we are trying to attract Romanian visitors to Portugal, but also to areas where we have a strong presence, such as Latin America and Africa. For the beginning we will operate an Airbus A 319, ...
Minister Rovana Plumb: We want to attract EU money to rehabilitate Siret-Baragan Canal on
Tuesday, June 5, 2012
Minister of Environment and Forestry Rovana Plumb said at the Calimanesti storage basin, in Vrancea County (east), on Tuesday that money required to complete the rehabilitation of the Siret-Baragan Canal might be attracted from the European Union.'We want to attract the money required to accomplish the rehabilitation works at the Siret-Baragan Canal through the POS Environment. About 65 million lei is required for it. Are the works funded, they could be finished ...
Trade: PayU Study: 84% of buyers satisfied with online shopping services
Tuesday, June 5, 2012
84% of buyers who made payments online to shops using Pay U solutions recommend both the shop and online payment to their friends, according to a study made by PayU, a supplier of eCommerce solutions. Online shops from retail and travel agencies received the best evaluation, 94% of clients appreciating the experience of online buying and paying as simple, handy and rapid. Most online shops got positive reviews for the variety of products, the return policy and the ...
Romania – lowest Internet purchase level in EU
Tuesday, June 5, 2012
Romania has the lowest level of purchases on the Internet in EU as only 6% of Romanians choose it, according to the board table of consumer markets published on Tuesday at the European summit devoted to consumers in 2012. The Romanians are followed by Bulgarians (7%) and Italians (15%). Great Britain registers 71%, Denmark 70%, the Netherlands 69% and Luxembourg 65%. The study shows that 43% of Romanians (compared to 58% EU ...
Cars : Dacia Lodgy to be officially launched in Romania on 6 June
Tuesday, June 5, 2012
Dacia officially launches in Romania a family car – Lodgy on 6 June, at prices between 9,500 and 14,700 euro. The launch will be followed by four days of open doors for clients between 7 and 10 June, according to 0-100.ro. Dacia Lodgy, exclusively made in Morocco, is available in versions with 5 and 7 seats and has three equipping variants: Access, Ambiance and Laureate. Deliveries begin in June for clients ...
Opel Romania’s new general manager comes from AutoItalia
Tuesday, June 5, 2012
Cristian Milea, 42, joined the Opel Romania team on 1 June as Country director over the sales, post-sale, marketing, PR, RND and financial teams, Opel Romania announced. Milea replaces Constantin Avromescu who was recently transferred to the cental Opel Europe headquarters in Russelsheim, where he is Marketing Operations Manager. Milea is the former head of AutoItalia dealer network, with a career of 17 years in the field ...
Real estate : Real estate market in Romania continues negative trend
Tuesday, June 5, 2012
The Romanian real estate market will continue on a negative trend because the economic situation is still turbulent at local and European levels. In the last 6 months the prime minister changed twice, while the local currency reached a historic low level. Even if the situation is not very dramatic, it is a sign that investments will not grow. At European level, Greece, Italy and Spain are in the center of attention, while banks in those countries need capital, ...
Tourism : Michelin general manager: Romania's tourist potential must be exploited to larger extent
Tuesday, May 29, 2012
Romania has a tourist potential that must be exploited to a larger extent, but we need better roads for tourists to visit our country and a good example of international tourism is Sibiu (central Romania), the first Romanian city to be an European Capital of Culture in 2007 and the only three-Michelin-star Romanian city, general manager of Michelin for Romania and the Balkan area Eric Faidy told a conference in Sibiu on Saturday.'I think that Romania's ...
Infrastructure : Traian Basescu and Turkish counterpart talk in Chicago about regional approach on infrastructure projects
Tuesday, May 29, 2012
Romanian President Traian Basescu met on Monday, May 22, with President of the Republic of Turkey Abdullah Gul during the NATO summit meeting, and both Heads of State backed the possibility of a regional approach for infrastructure projects.'The two Heads of State said that the ferry route between Constanta and Istanbul is working excellently and they backed the possibility of a regional approach for infrastructure projects. The officials shared the ...