Economic
Agriculture Minister Tabara: 960 PNDR projects have been completed in 2011
Tuesday, February 7, 2012
The projects completed under the National Programme for Rural Development amount to 960 in 2011, accounting for about 45 percent of the total projects finalized over 2008-2011, Minister of Agriculture and Rural Development Valeriu Tabara told a press conference on Feb. 2.'We have completed a number of 960 projects in 2011 alone, this figure accounting for 45 percent of the all-in projects having been finalized over 2008-2011. Out of the 36,554 projects submitted in the 15 sessions ...
Lack of agricultural cadastre, Romania's biggest problem now
Tuesday, February 7, 2012
The lack of agricultural cadastre and property one is the biggest problem Romania is currently facing, State Secretary in the Ministry of Agriculture and Rural Development (MADR) Barna Tanczos told a conference on Romania's economic outlook in 2012. 'Measuring land in Romania costs between 1.5 and 2 billion euros, but the biggest problem in doing cadastre nationally remains the difference between the plot of land and the document. Measuring plots is the most expensive and the legal ...
Romania receives over 740 mln euros from grain exports in 10 months
Tuesday, February 7, 2012
Romania received over 740 million euros from the exports of grain over January-October 2011, by 16% more than in the same period of the previous year, when it got almost 638 million euros, according to data sent by the Ministry of Agriculture and Rural Development (MADR).The revenues were higher over January-October 2011, compared with the same period of 2010, due to better export world prices in 2011, although the amount of exported grain (wheat and meslin, barley, oats, maize ...
Romania may resume dispatching pig meat to other EU member states
Tuesday, February 7, 2012
Romania may resume its intra-community trade in fresh pig meat and meat preparations as of Thursday, following the publication on Wednesday evening in the Official Journal of the European Union of Commission Implementing Decision of 24 January 2012 amending Decision 2008855EC as regards the dispatch to other member states of certain meat and meat products from holdings situated in the areas listed in Part III of the Annex thereto.'So far, 50 holdings and one abattoir have applied ...
National car fleet, up to 5.48 million units in 2011
Tuesday, February 7, 2012
The national car fleet in 2011 reached over 5.48 million units, increasing 1.17 percent from the previous year, put of this total almost 4.33 million units being represented by motor cars, a number 0.36 percent higher compared with 2010, reveal the data of the Directorate for Driving Licence Regime and Vehicle Registration (DRPCIV), within the Capital Police, released on its own webpage.According to the cited source, the number of motor cars from 6 to and over 20 years old at the ...
Statistics: Tourist arrivals up 16 pct in 2011
Tuesday, February 7, 2012
Tourist arrivals in Romanian accommodation units amounted to 7,002,400 in 2011, up 16 percent compared to 2010, the National Statistics Institute (INS) informed on Thursday. The arrivals of Romanian tourists in accommodation units accounted for 78.4 percent in 2011, while foreign tourists represented 21.6 percent, figures similar to those recorded in 2010.The arrivals in hotels accounted for 76.7 percent of all-in arrivals in accommodation unit in 2011, up 16.8 percent.The overnight stays ...
Sales in Romanian food industry drop 20-25 percent over past couple of years
Tuesday, February 7, 2012
The sales in the Romanian food industry dropped on average by 20 to 25 percent over the past couple of years due to the lower purchasing power, said president of the Food Trade Union Federation Dragos Frumosu.'The Romanian food industry lost a lot of money over the past couple of years because sales plunged. Our estimates indicate an average depreciation of 20 to 25 percent over the last two years, namely 10 to 15 percent each year, due to the lower purchasing power. This is a most ...
Turnover of retail trade goes down in 2011
Tuesday, February 7, 2012
The turnover of the retail trade (except for the trade in motor vehicles and motorcycles) went down last year from 2010, both as a gross series and as an adjusted series depending on the number of working days and seasonality, by 2.5 percent and 3.3 percent respectively, the National Institute of Statistics informs in a release . The drop as a gross series was due to the decrease in the sales of food products, beverages and tobacco (6.2 percent) and in the retail trade in motor ...
Food trade deficit, 31 percent lower between January and October 2011 in Romania
Tuesday, February 7, 2012
Romania reported a negative balance of trade with food in amount of 457.33 million euros between January and October 2011, almost 31 percent lower compared to the 660.72 million euros in the similar period of 2010, according to data revealed by the Ministry of Agriculture and Rural Development (MADR).Romania's exports to the European Union members states and to the states outside the community went up by 28 percent on a year-on-year basis, reaching 3.101 billion euros in late ...
Okazii.ro: Year 2011 was online shopping year in Romania
Tuesday, January 31, 2012
The year 2011 was the year of online shopping in Romania, showing an increase of more than 130 percent compared to 2010, according to statistics delivered by the online retail site Okazii.ro. This growth percentage is significantly exceeded in counties as Braila, Calarasi, Teleorman or Giurgiu, even if in terms of volume of transactions the counties in central Transylvania, Banat and Dobrogea are further in the lead. 'We expect a 2012 at least as spectacular as the year ...
Transports Ministry, to finalize 200 km of motorway in 2012
Tuesday, January 31, 2012
The Transports and Infrastructure Ministry (MTI) will finalize 200 km of motorway in 2012, other 434 km being currently built, Minister Anca Boagiu said on the occasion of a visit to the working site of Bucharest-Ploiesti Motorway, at the end of last week.'In 2012, 200 km of motorway will be completed, Bucharest-Ploiesti Motorway and Bucharest-Constanta Motorway, without the Cernavoda-Medgidia sector, included, the works on 263 km of ring roads will begin and 1,800 km of national ...
Cost of 2nd Bulgarian-Romanian Danube Bridge Up EUR 26 M
Tuesday, January 31, 2012
The sum of EUR 25.7 M will be added to the total cost of the construction of the second bridge linking Bulgaria and Romania across the Danube River, the Bulgarian Parliament agreed. The bridge will finally be completed by the end of November 2012, Bulgaria's Transport Ministry announced in a statement Friday as the Bulgarian Parliament voted to approve the measures taken by Transport Minister Ivaylo Moskovski over the past two years in order to ensure the completion of the bridge between ...
Over 138.109 mln tonnes of goods transported on roads in Romania in first nine months of 2011
Tuesday, January 31, 2012
As many as 138.109 million tonnes of goods were transported on the roads of Romania in the first nine months of 2011, of which 129.111 million tonnes had a national destination, 6.11 million tonnes an international one and 2.888 million tonnes of goods were in transit, according to the statistics posted on the website of the Ministry of Transport and Infrastructure.Also, during the said period, 183.522 million passengers opted for the road transport, of whom 181.24 million ...
Approximately 47 million passengers travel by train in first 9 months of 2011
Tuesday, January 31, 2012
A number of 46.985 million passengers chose the railway transportation in the first nine months of 2011, the average distance standing at 84 km, according to the statistics released on the Transports and Infrastructure Ministry website.Out of the total number of passengers, 46.820 million had a national destination and 165,000 had an international destination.Moreover, in the above-mentioned period, 44.859 million tonnes of freight were transported on the railways, out of ...
National Rural Development Programme has 1.41 billion euro allocations for 2012
Tuesday, January 31, 2012
The total financial allocation for the National Rural Development Programme (PNDR) (CAP Pillar II) stands at 1.41 billion euros in 2012, 15 project application sessions being established, according to the package of measures for relaunching the economic activity drawn up by State Adviser Andrea Paul Vass's Cabinet.On January 13, 2012, a number of 2,432 projects were finalized within PNDR. Out of the 96,682 projects applied within this programme, 48,073 projects were selected, worth ...
Romanian farmers to get 516 million euros in subsidies
Tuesday, January 31, 2012
The Agency for Payments and Intervention in Agriculture (APIA) will pay about 2.24 billion lei (516.21 million euros) to the Romanian farmers between January 24 and 27, 2012 out of European funds and the national budget, APIA announced in a release .Thus, 1.82 billion lei are to be paid out of the European Agricultural Guarantee Fund and 417.30 million lei out of the national budget.According to APIA data, 1.002 million farmers are to receive through the unique surface ...
First hotel of finance authorities, at Sibiu
Tuesday, January 31, 2012
The first hotel of finance authorities in Romania will be inaugurated in 2013 at Sibiu (north-west of Bucharest), in the former headquarters of local finance authorities, which will be transformed into a two-star hotel, with an investment of over 1 million lei (some 250,000 euros).'The dream to do at Sibiu a Budget-Finance School has materialized. The value is included in the investment chart for this year. Unfortunately, only 1 million lei is allocated. There will be a bidding to ...
Ford to manufacture 60,000 B-Max units in Craiova in 2012
Tuesday, January 31, 2012
Ford will manufacture some 60,000 B-Max units in 2012 at its Romanian factory in Craiova, starting in the second quarter of the year, while in 2013 it will manufacture over 100,000 such units, Ford Romania President and CEO Jan Gijsen said Wednesday.In 2013, the factory will also increase its output of engines, so that it may manufacture engines for other Ford factories as well.Early this month, a team of nearly 100 German and British engineers came to Craiova to work ...
Romania To Tax Sales To Scrapyards By 16%
Tuesday, January 31, 2012
Romania's Government has announced that income from the sale of scrap to scrapyards will be considered "income from miscellaneous sources" and will be subject to a 16% tax.The norms concerning the application of the Tax Code were amended Wednesday by the Government through a decision that clarifies several provisions regarding taxes on profit and income, VAT, excise duties, local taxes, mandatory social contributions.Aside from taxing scrap sold to metal, paper, glass etc. ...
Postponing car tax to benefit trade in used cars
Tuesday, January 31, 2012
The postponing of the tax on cars registered before 2007 will benefit trade in used cars, but not the automobile market overall, Chairman of Romania's Association of Automobile Makers and Importers (APIA) Ernest Virgil Popovici said.'Postponing the levy on automobiles registered before 2007 is good for trade in used cars, but it is not that good for the overall automobile market,' he said.He added tat the overall effect of the postponement is hard to predict.The ...