Economic
Romania to coordinate part of European-funded project devoted to ICT development
Tuesday, November 1, 2011
Romania was selected by the European Union to lead several activities during a European-funded large scale pilot-programme meant to support the development policy for the information and communication technology (ICT), reads a press release of the Ministry of Communications and Informational Society. The quoted source reveals that it is the first time since it joined the EU that Romania has been nominated through the Ministry of Communications to coordinate such an activity run ...
Romania Has Two Months To Transpose Data Retention Directive Into National Law
Tuesday, November 1, 2011
The European Commission (EC) on Thursday asked Romania and Germany to ensure within two months full compliance with EU rules on data retention. Since the judgments of their Constitutional Courts, which annulled the respective national laws that transposed the Data Retention Directive, the two EU member states have not said how and when they will adopt the new norms, said the Commission.The directive obliges telephone companies and Internet service providers to store telecommunications ...
Transports Minister signs contract for Suceava Airport modernization project
Tuesday, November 1, 2011
Transports and Infrastructure Minister Anca Boagiu on Friday in Suceava (north-eastern Romania) signed the contract for the modernization project of Stefan cel Mare Airport, worth 39 million euros. The project gathered 67.75 points and was accepted for European financing through the Sectoral Operational Programme - Transports, the financing scheme providing 95 percent of the money coming from the European Union and Romania's Government and the 5 percent difference from the County Council as ...
Constanta Port, Georgian peer sea shipping hubs Poti and Batumi to build cooperation partnerships
Tuesday, November 1, 2011
The Black Sea port of Constanta will develop cooperation partnerships with Georgia's ports Poti and Batumi under a deal agreed upon last week by the Romanian Minister of Transport and Infrastructure, Anca Boagiu, and her Georgian counterpart.According to the Romanian Ministry of Transport and Infrastructure (MTI), Anca Boagiu and Georgian Minister of Economy and Sustainable Development, Vera Kobalia, met on Tuesday in Krakow for bilateral talks, agreeing to strengthen cooperation between ...
Vodafone: Romanian Smartphone Penetration Rate At 5%
Tuesday, October 25, 2011
Smartphone penetration in Romania is around 5%, compared with the worldwide penetration rate of 8%, higher figures being found in developed states, said Mihai Ghyka, head of Vodafone Romania's consumer business unit."For instance, in the UK, the penetration rate is expected to exceed 50%. In Western Europe, this figure is over 20%," said Ghyka in the forum ZF Digital '11.Vodafone Romania is the second major player on the local mobile market, with almost 10 million clients. Its main ...
Total postal traffic market cut by 10.4 pct
Tuesday, October 25, 2011
The market was reduced by 10.4 percent in terms of the total postal traffic, a depreciation three times lower than that reported in 2009, according to the report of statistical data regarding the postal services in 2010, released on Wednesday by the National Authority for the Administration and Regulation of Communications (ANCOM).After the international postal traffic reported an increase higher than 60 percent in 2009, it went down again in 2010 decreasing by 6 percent. The ...
Project to support caves tourism, through Environmental Fund
Tuesday, October 25, 2011
Ministry of Environment and Forests plans for next year to develop a special project on caves tourism.Minister Laszlo Borbely attended on Thursday the first Conference on caves tourism in Romania, held in Rasnov, on October 20-21.''Our goal for next year is to develop a special project for the caves, so that we can support such kind of tourism through the Environment Fund ', said Borbely.'By a law passed in March 2011, we are to establish in two weeks time, through an Order of ...
Over 1.5 mln Logan and Sandero units produced on X90 platform
Tuesday, October 25, 2011
Dacia automotive plant based in Mioveni (southern Romania) produced in less than 8 years over 1.5 million Logan and Sandero units constructed on the platform X90, the automaker's Communications Department reported on Thursday.'At the end of last week, the vehicle marking the production of 1,500,000 units realized on the X90 platform came off the assembly line of Dacia car plant, namely the vehicle Logan Berlina, 1,2 75 CP, red passion colour to be supplied to a client from ...
Romanian clothing and footwear market registers highest growth potential in region until 2013
Tuesday, October 25, 2011
The Romanian clothing and footwear market has the highest growth potential until 2013, in the conditions in which the average expenditure per capita could amount to 103 euros in 2013, as compared with 73 euros in 2010, reveals a survey carried out by PMR research company.Romania, with sales accounting for 1.5 billion euros, contributes with 12 percent to the results in the region, where Poland is a leader by far, with a market worth about 7 billion euros, Ziarul Financiar paper ...
Romania To Have 123 Km Of Highway Open By End-Year
Tuesday, October 25, 2011
Romanian Prime Minister Emil Boc said Thursday that the country will have "123 km of highway" by the end of the year, of which 90 km are already open for traffic.The Transylvania Highway is currently 52 km-long, Sibiu's ring road has highway status and is 17 km long and 21 km of the Bucharest-Constanta highway have been completed so far. Aside from this total of 90 km, Boc explained there are also a number of roads with highway status: Chitila-Voluntari (20 km), part of the Timisoara ring ...
Romania To Sign EU Financing Contracts Worth EUR250M For Infrastructure Projects By 2012
Tuesday, October 25, 2011
Romanian Transport Minister Anca Boagiu said that, by the end of the year, the ministry will sign European financing contracts worth EUR250 million for infrastructure investments, raising the total current value of contracts to EUR1 billion.Romania's total allocation from the European Union for infrastructure projects in 2007-2013 is EUR5.7 billion.Boagiu added that she will "fight with the same strength" to sign more contracts for EU financing for railway infrastructure projects.Boagiu and ...
Number of passengers served by Transylvania Targu Mures Airport - by 300% higher than in 2010
Tuesday, October 25, 2011
The number of passengers served by Transylvania Targu Mures Airport north-west of Bucharest by end-September increased by 300% compared with the same period of last year, reads a press release issued by the management of the airport. 'The ending of the 2011 summer air programme brought Transylvania Targu Mures Airport a new record in terms of air traffic served. Thus, by end-September 2011 from Transylvania Targu Mures Airport 176,863 passengers were served, by 300% more than in ...
Romsilva set to gather 9.9 million cu.m. of wood from public forests in 2012
Tuesday, October 25, 2011
Romania's National Forestry Administration RNP Romsilva has set to gather 9.9 million cubic meters of wood in 2012 from the public forests, out of a legal maximum of 13 million cubic metres, according to data released by Romsilva.The wood gathering process depends to a large extent on the retrocession of forests.The Forestry Code allows the gathering of 13.5 million cubic metres of wood from public forests in 2011. Romsilva's plan is to gather only 9.806 million cubic ...
Minister Tabara: Romania can become an exporter of food security
Tuesday, October 25, 2011
Romania had and still has what it takes to become a food security exporter, Romanian Minister of Agriculture and Rural Development Valeriu Tabara said on Sunday. 'Romania has the capability of becoming a food security provider if it manages to harmoniously combine research and science with geographical features,' said Tabara.He mentioned that Romania is currently covering only 50-60 percent of its food demand from own production, but the difference to 100 percent will be covered in ...
Romanian new motor vehicles registration up 7.21pct in Sept.
Tuesday, October 18, 2011
The number of the new vehicles registered in Romania went up 7.21 percent in Sept. up to 8,995 vehicles compared to the same period a year ago, while new cars recorded an increase of only 0.22 percent up to 6,875 units, show figures made public by the Driving Licence and Vehicle Registration Directorate on Wednesday.It said the best sold brand in Sept. remained Romanian-made Dacia with 1,937 units, up 8.58 percent from the nine months of 2010, when 1,784 Dacia cars were sold. On ...
Romanian Health Ministry To Introduce Private Health Insurance
Tuesday, October 18, 2011
Romania's Health Ministry wants to introduce private health insurance, by creating private insurance houses supervised by the National Health Insurance House, said minister Ladislau Ritli on Wednesday."We must diversify [healthcare] funding by attracting private companies into the financing circuit. This means introducing private health insurance. A bill to this end will be put up for public debate soon," said the minister.Ritli added that this measure was part of the healthcare ...
PM Boc: National Land Registry will be drawn up for free under public-private partnership
Tuesday, October 18, 2011
Romania could have a land registry in just three years and Romanians could use the registry for free if it is drawn up in a public-private partnership, Prime Minister Emil Boc and Minister of Regional Development and Tourism Elena Udrea said on Friday in Sibiu.'We will draw up the land registry for free for the people, and the investor will recoup its investment from managing the land registry taxes,' said Boc.In mentioning the land registry, Udrea said that a partnership ...
Samsung C&T Corporation could set up Romania's Land Registry
Tuesday, October 18, 2011
Romanian Ministry of Regional Development and Tourism (MDRT) and Samsung C&T Corporation might forge a public-private partnership for setting up Romania's Land Registry, an operation due to begin in three months, according to a release of MDRT.Minister of Regional Development and Tourism Elena Udrea on Tuesday in Gyongju (South Korea) met with Yang-Bai Kim, Vice-President of Samsung C&T Corporation.At the meeting, the Romanian minister mentioned several projects that could be ...
Romania, elected First Vice-Chairman of United Nations World Tourism Organisation
Tuesday, October 18, 2011
At a General Assembly meeting in South Korea of the United Nations World Tourism Organisation (UNWTO), Romania was elected first vice-chairman of the WTO, the Romanian Ministry of Regional Development and Tourism reports.'This is an achievement of which we are very proud, because awarding the first vice-chairmanship of the UNWTO is a vote of confidence and the UNWTO member states' recognition of the positive developments in Romania's tourism. Holding a place on the Executive ...
Farming production is worth rd. 15 bln euros, in 2010
Tuesday, October 18, 2011
The agricultural production was worth about 15 billion euros (1 euro=4.25 lei), namely 64.453 billion lei, in 2010, the highest values being recorded in the South and North East Muntenia (Wallachia), and the lowest in Bucharest- Ilfov development regions, informs final data the National Statistics Institute supplies on Friday.Farming services generally had an insignificantly low value, in 2010, contributing only 0.9 percent to the farming production's value, nationwide. ...