Economic
Cars : Aveo range accounts for 40pct of Chevrolet sales in Romania
Tuesday, April 10, 2012
The range of Aveo small-car class accounts for 40 percent of the Chevrolet brand sales on the Romanian market, followed, according to sales share, by Cruze - 20 percent and Spark - 14 percent, data provided by Chevrolet Romania importer reveal. Launched in mid 2011, the new Aveo range was re-positioned as compared to the previous, low-cost models, which accounted for about 50 percent of sales.The Romanian market is divided in roughly equal ...
New vehicle registrations edge up about 18 pct in March
Tuesday, April 10, 2012
The number of new vehicle registrations edged up about 18 percent in March compared with the same period of 2011, amounting to 6,871 units, the biggest rise being reported in the tractor segment (+89.47 percent) and in the section of buses and minibuses (+61.36 percent), reveal the statistics of the Department for Driving Licenses Regime and Vehicle Registration (DRPCIV), published on the institution website.According to the quoted source, after the ...
Agriculture : Foreigners remove nearly 800 hectares from agricultural use in Timis County, in 2011
Tuesday, April 10, 2012
Foreign nationals, who bought farmland in the County of Timis (western part of the country), have removed from agricultural use, in 2011, about 800 hectares of a total of almost 42,000 hectares they own, with real estate business the new destination. Among those who bought agricultural land in Timis, Italians remain the most active, with 135 owners, followed by 52 Germans, 10 Americans, nine Spaniards, eight Belgians and seven Austrians. ...
Vrancea County sheep breeders export 20,000 lambs to Italy and France
Tuesday, April 10, 2012
The price for lamb meat will not be higher this year than in 2011, say Vrancea County (northeast of Bucharest) sheep breeders, who reported having already exported to France and Italy alone 20,000 lambs.A kilo of live lamb sells for 12 lei and the end price in the markets is expected to reach 23-24 lei per kilogram. (1 euro trades for 4.37 lei)'This price estimated for this year is 12 lei per kilo of live lamb, which means 23-24 lei per kilo ...
Recas and Jidvei Wine Cellars gold medallist at Vinvest 2012 Wine Show
Tuesday, April 10, 2012
The Recas and the Jidvei Wine cellars won gold at the 9th edition of the Vinvest International Wine Trade Show, taking place in Timisoarea (western Romania), on Saturday April 7, when the jury of the Romanian Association of Certified Wine Tasters (ADAR) selected the gold medallists from over 130 wine samples.The Grand Gold Medal went to Castel Huniade red wine, a Cabernet Sauvignon 2011 made at the Recas Wine Cellars, and the Romantine white semi-dry ...
Over 220 million euro in European funds for modernization of farms
Tuesday, April 10, 2012
The Payment Agency for Rural Development and Fisheries (APDRP) over April 17-May 31, 2012, offers more than 220 million euros from European funds for financing the projects on modernizing farms. According to a release APDRP, the non-repayable funds that were available in the session to go with Measure 121 'Modernizing the Agricultural Holdings' of the National Programme for Rural Development, which is open in the above-mentioned span of time, are all ...
Trade : Food prices would have doubled in the absence of hyper- and supermarkets
Tuesday, April 10, 2012
Modern retail trade has contributed to a 34-percent drop in food prices over the past 11 years, with the influence being the strongest in 2006-201, when food prices would have doubled, had it not been for hyper- and supermarkets, economist Liviu Voinea told a seminar on trade competition on Wednesday.A study presented by Voinea indicates that in 2000-2011, aggregate food price inflation was 113 percent, which would have been 157 percent in the absence ...
Eurostat: Romania, third in EU in terms of depreciation of retail in February
Tuesday, April 10, 2012
The retail volume dropped 2.5 percent in Romania in February 2012 as compared to the previous month, being the third in terms of depreciation figure in the entire European Union, according to preliminary data presented by the European Statistics Office (Eurostat) on Wednesday.Only Slovenia (-5.0 percent) and Poland (-2.7 percent) reported higher depreciations. In February 2012 as compared to the previous month, retail dropped 0.1 percent in ...
Statistics: Retail trade turnover up by 5 percent in first two months of 2012
Tuesday, April 10, 2012
The turnover of the retail trade (except for the trade in motor vehicles and motorcycles) grew as a gross series by 5 percent over January 1-February 29, 2012, from the similar time span of 2011 and by 5.2 percent as an adjusted series, according to the data published by the National Institute of Statistics (INS).The gross series growth was due to the advance of the retail trade in fuels for motor vehicles in specialist shops (11.7 percent), to the ...
Telecom .IT : EBRD loans Digital Cable Systems EUR 15 ml
Tuesday, April 10, 2012
The European Bank for Reconstruction and Development (EBRD) extended cable television operator Digital Cable Systems (DCS) an EUR 15 ml loan for the expansion of its television and broadband Internet access services, informs an April 3 EBRD .The EBRD loan will support the development strategy of DCS, with emphasis on the expansion of its high-quality cable TV relay services, including digital television and broadband Internet access in lower coverage ...
Healthcare : Hospitals to be reorganized as private institutions
Tuesday, April 10, 2012
Hospitals shall organized as non-budgetary institutions, reads the first Chapter of the new draft law on the reform of the healthcare system, namely on the organization and the functioning of the public hospitals, informs Health Ministry (MS) web page.Ministerial press release announced on Wednesday that the above-mentioned Chapter, which was drawn up as an outcome of the proposals resulting from the debates held early this year, would be posted at ...
Prigent, GSK : Romania is only EU country where a drug waits a year to be included on subsidized list
Tuesday, April 10, 2012
Romania currently is the only European Union country where it takes a waiting time of up to a year until a new product is evaluated in order to be included on the subsidized medicines list, said Pascal Prigent, Managing Director GSK Romania on Thursday.He stressed the list of the subsidized drugs has not been fully updated for nearly half a decade, since August 2008. Thus, according to the EFPIA Patient W.A.I.T. indicator, the Romanian patients wait ...
Tonny Lybek (IMF) : The draft of the law for the reform of health has to be drawn up by the end of June
Tuesday, April 10, 2012
The Romanian authorities will draw up the draft of the law regarding the reform in health by the end of June, the representative of IMF to Romania and Bulgaria, Tonny Lybek said. The IMF official showed that Romania allocates insufficient sums of money to health, as a percentage of GDP, by comparison to the average at European level, but on the other hand they do not manage to increase the budgetary income over 31 – 32% of the ...
Tourism :The River Adagio to open cruise season in Consanta Black Sea port
Tuesday, April 3, 2012
Cruise season is expected to bring 45 passenger ships to Constanta Black Sea port (southeastern Romania), in 2012. Based on the sea companies' initial schedule, by 7 percent more cruise holidaymakers are expected to arrive in Constanta, the more that 18 of the cruise ships are high capacity vessels, said Constanta National Sea Ports Administration (CNAPM) PR officer Monica Velicu.The Oceanic, the first passenger ship to moor in Constanta Port, arrives ...
Agriculture : Min.Fuia: We will discuss with Bulgaria and Turkey current fishing methods in the Black Sea
Tuesday, April 3, 2012
Romania will hold, in April, talks with Bulgaria and Turkey on current fishing techniques in the Black Sea, but also in the Mediterranean Sea, said, on Thursday, Minister of Agriculture and Rural Development Stelian Fuia, after a meeting he had with European Commissioner for Maritime Affairs and Fisheries Maria Damanaki.'We expressed Romania's support for the new proposed fisheries policy for the period 2014 - 2020 and we are very happy that the Black ...
Real estate : Cushman&Wakefield: Romania has record industrial spaces transaction rate in 2011
Tuesday, April 3, 2012
Romania in 2011 registered a record rate of the trade in industrial spaces, with the industrial part of the real estate market having expanded nearly 100 percent by total rented area, according to Cushman & Wakefield company, which released data regarding the record development of the industrial space market in Central and Eastern Europe.Director of the Industrial Department, Cushman & Wakefield Romania, Gabriel Sfetcu said one could, at ...
Infrastructure: Romania to allocate a billion lei for road maintenance by 2014
Tuesday, April 3, 2012
The Ministry of Transports will allocate a billion lei at the most for the maintenance of the national roads and motorways between 2012 and 2014, Minister of Transports and Infrastructure Alexandru Nazare told Agerpres in an interview taken on Sunday.The National Company of Motorways and National Roads in Romania holds tenders at the moment for the services of permanent maintenance of the national roads for 2012 to 2014 for the area of Bucharest and ...
Gov't approves three water supply rehabilitation projects
Tuesday, April 3, 2012
The Government passed a decision approving technical and economic indicators for three projects under the programme 'Integrated system for the rehabilitation of water supply systems and sewages, waste water treatment plants, and drinking water treatment plants in localities of less than 50,000 inhabitants,' which aggregate value stands at RON 34.83 million, according to a press release issued by the Ministry of Regional Development and Tourism.The ...
Contract for building Bucharest-Otopeni metro sector, to be signed in February 2013
Tuesday, April 3, 2012
The contract for building the metro sector connecting Bucharest to the Otopeni Henri Coanda International Airport could be signed in February 2013, Transports Minister Alexandru Nazare told Agerpres on Sunday.'Until November the preliminary technical report and the specifications will be completed. The tender will be launched in November. This means we shall have a contract signed sometime in February next year,' the Transports Minister ...
Healthecare : Professional body data shows about 20,000 doctors working in Romania
Tuesday, April 3, 2012
Romania has approximately 20,000 doctors working in 396 hospitals, Vasile Astarastoae, MD, PhD, president of the Romanian College of Physicians (CMR) said on the occasion of the General Assembly of this professional body.He mentioned that of these 235 are aged over 60; 4,358 are aged between 50 and 60; 5,359 are between 40 and 50 years old, and 6,100 are aged between 30 and 40.The CMR president stressed that all specialties are affected by ...