Economic
Nazare: European Commission is assessing Romanian projects worth 1.73 billion euro worth of non-repayable contributions
Tuesday, March 20, 2012
The European Commission is currently assessing projects submitted by Romania's Ministry of Transport and Infrastructure to which it contributed 1.73 billion euros in non-repayable funds, Transport Minister Alexandru Nazare said on last Thursday in Brussels.Nazare on Thursday met various officials of the DG REGIO Regional Directorate General of the European Commission in charge with the EU's Cohesion Policy, to discuss the latest developments in Romania absorbing infrastructure ...
Retail sales go up 3.5 pct, over winter holidays
Tuesday, March 20, 2012
Romanian retailers scored sales by 3.5 percent higher during the winter holidays, namely over October- December 2011, compared to the same time span in 2010, informs CBRE EMEA Retail Research report.'Five years before, Christmas began in November for retailers, when sales were witnessing considerable growth compared to the previous months. In 2011, however, December was by far the month scoring the highest sale figures of the whole year, particularly for electric and household ...
Fuia: Agri-foodstuffs trade deficit narrows 50pct in 2011, Romania still having pork deficit
Tuesday, March 20, 2012
The Romanian agri-foodstuffs trade deficit has significantly narrowed for the third consecutive year down to 376 million euros, although Romania continues to have a deficit of pork, sugar and soy products for the animal-breeding sector, Minister of Agriculture and Rural Development Stelian Fuia told a press briefing on Friday.'The deficit was cut by 50 percent in 2011 compared to 2010, because we had a better year in the vegetable sector and the export of products hit nearly 4 ...
MADR sets aggressive target for European fund absorption: 2.5 billion euros in 2012
Tuesday, March 20, 2012
The Agriculture and Rural Development Ministry (MADR) in 2012 aims at absorbing 2.5 billion euros form European funds, Agriculture Minister Stelian Fuia told the National Forum for Agriculture.'This year, the Agriculture Ministry has set a very aggressive target for the European fund absorption. We are talking about a 2.5 billion euro target, an amount representing 40 percent of the six billion euros the Government has to absorb this year,' Stelian Fuia said.'These days ...
Agriculture Minister plans establishment of a land bank to help farmland merger
Tuesday, March 20, 2012
Minister of Agriculture and Rural Development Stelian Fuia wants the setting up of a land bank to assist in merging the farmland, in the aim to increase economic productivity of Romanian agricultural exploitations, according to a Ministry of Agriculture and Rural Development (MADR).The Agriculture Minister intention was presented on Monday, March 12, to the delegation of German Parliament Agriculture Committee, headed by Hans Michael Goldmann, in a meeting held at the MADR. A land ...
Gold and silver for Murfatlar at Vinalies Internationales in Paris
Tuesday, March 20, 2012
Murfatlar Romania got a gold medal and four silver medals at the 'Vinalies Internationales' competition in Paris, an event also known as the 'World Wines Competition,' reads a release sent by the company's representatives. Out of 3,900 samples, 45 were sent by the Romanian producers.The Murfatlar wines which won prizes in Paris area Sable Noble coupage white 2011 which received the gold medal and the Sable Noble Cabernet Sauvignon Rose, Dry Murfatlar Sauvignon Blanc 2011, red ...
ANAT estimates 10-15 percent growth of Romanian tourism in 2012
Tuesday, March 20, 2012
The National Association of Tourist Agencies (ANAT) estimates a growth of Romanian tourism ranging from 10 percent to 15 percent for 2012, ANAT president Corina Martin told a news conference occasioned by the opening of the spring edition of Romania's Tourism Fair 2012.'This year we estimate a growth of Romanian tourism by 10 percent, maybe 15 percent,' said Corina Martin. President of the Employers' Federation in Romanian Tourism Mohammed Murad made it clear that Romania could ...
Mihai Guran, HP Romania: “This year, Romanian servers market will increase by 5-10 percent”
Tuesday, March 13, 2012
Mihai Guran, who coordinates the operations of local division of servers and storage equipments in HP, unveiled the new generation of servers, ProLiant Generation 8, stating that in our country most of such equipment are purchased by small and medium businesses.Romania lags behind Western European countries in the server market. Last year in our country have been delivered 11,764 units of equipment, from 9586 in 2010. HP delivered 5286 servers in 2011, with 31 percent more than in ...
Statistics: Turnover of motor vehicle and motorcycle trade goes down 19.9 percent in January
Tuesday, March 13, 2012
The turnover of the motor vehicle and motorcycle trade went down in January 2012 from the previous month by 19.9 percent as a gross series and went up as an adjusted series by 2.6 percent, depending on the number of workdays and seasonality, informed the National Institute of Statistics (INS) in a release it sent to Agerpres on Thursday.The volume of the turnover of the market services delivered to the population also dropped from the previous month, both as a gross and as an ...
New vehicle registrations increase 21 percent in February and new cars, over 27 percent
Tuesday, March 13, 2012
The number of new vehicle registrations in February amounted to 5,713 units, growing almost 21 percent compared with same period of 2011, while the new car segment increased 27.42 percent, up to 4,126 registrations, as revealed by the data of the Department for Driving Licenses Regime and Vehicle Registration (DRPCIV), released on the institution website on Friday.After the 80 percent increase in the number of registrations of vehicles in January 2012, in February this year the ...
Minister Petrescu, German tour operators discuss multi-annual Romania marketing plan
Tuesday, March 13, 2012
Minister of Regional Development and Tourism Cristian Petrescu discussed on Thursday at the International Tourism Exchange in Berlin with German tour operators the possibility of working out a multi-annual marketing plan for Romania.'We discussed the possibility of working out a multi-annual marketing plan for Romania. Up until now, every year there was a certain amount allocated for marketing. The idea now is to devise a plan spanning several years and enabling us to set our ...
German holidaymakers prefer Romanian Riviera, tourist circuits, spa treatments
Tuesday, March 13, 2012
The German holidaymakers prefer the Romanian Riviera, the tourist circuits or the spa treatments, Toni Messerschmidt, the owner of the German tour-operator Messerschmidt Reisen, told Agerpres on Thursday.'The Germans prefer the Riviera, but also the tourist circuits and the hotels with spa from Baile Felix (Bihor county, north-western Romania), Eforie North, Neptun and Mangalia (Black Sea resorts). We brought 1,279 German tourists on the Romanian Riviera last year and at this ...
All-inclusive packages should be offered on the seaside, says Minister of Tourism
Tuesday, March 13, 2012
Minister of Regional Development and Tourism Cristian Petrescu believes that all-inclusive packages should be offered on the seaside (Black Sea), but that decision belongs to the hotel owners. 'I think that, on the seaside, they should offer all-inclusive packages, but probably the hotel owners have some other interests. Those are not so profitable for them, probably, as the meals sold separately. If their interest is not to sell all-inclusive, they won't do. I think that the loss of some ...
By 62 pct more foreign holidaymakers visit Danube Delta, in 2011
Tuesday, March 13, 2012
The Danube Delta topped by 62 percent the foreign tourists' favorite travel destinations in 2011, while Bucharest ranked first in the preferences of the Romanian tourists, by 24.3 percents, informs Ministry of Regional Development and Tourism ( MDRT) citing data published in the National Institute for Research Development in Tourism (INCDT) report.The highest numbers of foreign holidaymakers in 2011 were registered in the Danube Delta (62 percent), the balneary resorts (20.3 ...
Transport Ministry files a refund application for RON 131 million worth of European funds
Tuesday, March 13, 2012
The management authority of the Transport Sectoral Operational Programme has filed a refund application for RON 131 million with the European Commission for several projects funded by European grants, the Transport Ministry reports.The authority on Monday filed a new note with the certification and payment authority of the Public Finance Ministry in relation to payments for the implementation of projects funded by European grants.The total value for refunding sent out on ...
New private hospital inaugurated in Bucharest
Tuesday, March 13, 2012
A new private hospital was inaugurated on Monday in Bucharest, the first Medicover hospital providing the patients with advanced treatments and diagnostic techniques.The unit has a devoted team of doctors and nurses, last-generation medical equipment and insures comfort during the entire hospital admission period.The health care facility is an eight-storey building and has a capacity of 122 beds. The surgical unit equipped with three operating rooms, two operating rooms ...
Nazare: Reimbursements from EC of over 1 bn euros, Ministry of Transport's 2012 target
Tuesday, March 6, 2012
The Ministry of Transport and Infrastructure (MTI) has as target for this year receiving reimbursements from the European Commission (EC) worth over one billion euros, Minister of Transport Alexandru Nazare told a Monday's meeting with representatives of the construction companies and consulting ones that have contracts with the companies subordinated to the ministry. 'Many of the projects you are working on are financed from European funds and this year's target is to have ...
Ministry of Transport: World Bank assistance for introduction of private management in subordinated companies
Tuesday, March 6, 2012
The World Bank (WB) will support the Ministry of Transport and Infrastructure (MTI) for the introduction of private management in the subordinated companies, based on a project worth 17 million lei, MTI informs. Minister of Transport Alexandru Nazare signed a contract, on Wednesday, for the WB grant, funded from non-repayable European money, through which the international institution will provide technical assistance to MTI to implement efficient policies and administrative ...
Online flower market to reach 275,000 euros over March 1 - 8
Tuesday, March 6, 2012
The online market of flower sales will amount over March 1 - 8 to the value of 275,000 euros, equivalent to 10% of the total market, estimate relevant specialists. 'This year, on March 1 and March 8, I estimate a sales volume of over 9,000 flower bouquets at the level of entire online flower market, the number of orders being divided equally between corporate clients and individuals. For the corporate segment, the average purchase ticket will amount this period to 23 euros for a ...
Vegetable prices in Romania forecast to double as bad weather affects spring production
Tuesday, March 6, 2012
Vegetable prices are expected to double in Romania in March, because of bad weather and the forecast of a lower production this year. Demand will outstrip supply, which will force prices up, according to Cristian Rusu, director of the Vegetable and Fruits Producers Association Hortifruct.“The affected area is reflected in the set up costs for the new production. A one-month delay on the production of Romanian vegetables is expected – lettuce, tomatoes, cucumbers – and the increase ...