Economic
Quantity of cow's milk collected by processing units decreases 6 percent in first seven months
Tuesday, September 13, 2011
The quantity of cow's milk collected from farms and collecting centres by the processing units decreased by 6 percent in the first seven months of this year from the similar time span last year, according to the data published by the National Institute of Statistics.In January-July there were drops in the production of butter, 271 tonnes (0.5 percent), cheese, including the quantity of cheese obtained solely from cow's milk (94.3 percent of the total production of cheese), 1,035 ...
Works on Adunatii Copaceni airport to kick off next summer
Tuesday, September 13, 2011
Works on the airport in Adunatii Copaceni (20 km south of Bucharest), which is the property of the Romstrade group of companies owned by businessman Nelu Iordache, will begin in summer 2012, the group's strategy and development director Gheorghe Racaru told Agerpres on Friday. He said that the contract for the design of the air transport facility will be signed in December 2011 and that seven bids from international companies were received so far. The construction of the airport ...
Romania air traffic 90 pct operated by only four airports
Tuesday, September 13, 2011
The Romanian air traffic is 90 percent operated by only four airports, although the country currently has 16 airports available, said Aurelia Fulger, managing director Reliance Travel & Consulting SRL, who attended the Forum called Romania's Airports Infrastructure on Friday.The four airports are Otopeni, Baneasa (both in Bucharest), Timisoara, in the West and Cluj-Napoca (central-western Romania), with the remainder 12 operating just 10 percent of the passenger ...
CFR earmarks 250 mln euros to upgrade western Romania railway
Tuesday, September 13, 2011
The National Railways Company CFR SA is calling an open tender on Oct. 20 aimed at assigning a contract for building and installing the equipment on the railway stretch of Coslariu - Sighisoara, namely between the stations of Sighisoara and Atel (north-west of the capital), the company announced on Monday.The works are put at 1.09 billion lei, pre-VAT (257,265,999 euros, pre-VAT) and should be completed in no more than 46 moths since the contract assignment (to which adds a ...
Statistics : Trade in motor vehicles rises almost 6% in first 7 months
Tuesday, September 13, 2011
The turnover of the trade in motor vehicles and motorcycles increased both as unadjusted series and as a series adjusted to the number of working days and seasonality by 2.7% and 4.8 %, respectively, in the first 7 months of this year compared with the same period of last year.According to the data made public by the National Institute of Statistics (INS), the growth was mainly generated by the trade in motor vehicles, which rose by 5.9%.From January to July, the turnover ...
Romanian Hotels Kept Closed To Pay Higher Taxes
Tuesday, September 6, 2011
Romanian hotels and inns kept closed will pay 5% higher taxes, by decision of the local councils, but owners of accommodation units kept open for more than six months per year will only pay half taxes, Tourism Minister Elena Udrea announced Wednesday.These new measures were included in the Government's amendments to the Fiscal Code, she said.The lower taxes for hotels open longer than six months per year aim to extend the summer tourist season, said the minister. ...
Seaside hotels open at least six months a year get 50 pct tax relief
Tuesday, September 6, 2011
The owners of Black Sea coast hotels who keep their accommodation facilities open at least six months a year will get a 50 pct profit tax relief, Minister of Development and Tourism Elena Udrea announced on Wednesday, Aug. 31, after the government meeting.'The government has decided that hotel owners who keep their facilities open more than six months a year shall be charged just half of the annual tax. Up until now, the law stipulated that if these hotels operate less than six ...
Online shopping in EU doubled over past 5 years
Tuesday, September 6, 2011
The number of EU consumers buying goods and services online doubled to 40% in 2010 from 20% in 2005, but the growth came mainly in countries where e-commerce was already widespread and shoppers in Southern and Eastern Europe remain much less likely to buy online, according to the study "Consumer behaviour in a digital environment" presented to the Internal Market Committee Tuesday morning. Internet access among EU households, which is key to online shopping, has almost doubled over ...
Romania's honey production grows 40 pct this year
Tuesday, September 6, 2011
Romania's honey production stands at 21,000 tonnes this year, up 30-40 pct compared with 2010, president of the Romanian Beekeepers Association, Ioan Fetea, said in the opening of the National Honey Fair.'In 2011, the country's honey production stands at around 18,000 - 21,000 tonnes, placing Romania fourth in Europe; this figure marks a 30-40 pct growth from last year. Official data for 2010 shows that honey production amounted to 10,500 tonnes, but we estimate that the real ...
High quality roaming, at affordable prices for European citizens
Tuesday, September 6, 2011
Social Democrat MEP Adriana Ticau, a member of the Committee on Industry, Research and Energy (ITRE) of the S&D Group, underscored in Brussels that 'the roaming regulations are one of the regulations in the EU that the European citizens know and appreciate the most, because it generated significant discounts for tens of million of European citizens using the mobile phone services during their travels in the European Union.''Although the roaming regulations exist since 2007, the ...
Bucharest-Constanta Highway To Be Completed By End-2012
Tuesday, September 6, 2011
Romanian Transport Minister Anca Boagiu said that, by the end of next of year, the Bucharest-Constanta highway will be completed and open for traffic, and the ministry will finish evaluating the bids received for the construction of the 20.5 km-long Cernavoda-Medgidia section.The minister was on Friday inspected the Constanta ring road project and said she was happy with its progress, as well as its cost.Boagiu added that the winning bid for the Cernavoda-Medgidia highway section ...
Number of passengers travelling by buses and minicoaches to surpass the 2010 figures
Tuesday, September 6, 2011
The number of passengers travelling by buses and minicoaches will surpass that reported in 2010, with 64.18 million passengers in the first quarter, according to data released by the Ministry of Transport and Infrastructure. According to the quoted source, the figure will get close to 270 million passengers, higher than the 242.31 million in 2010 and 259.44 million passengers in 2009 and more than 296 million passengers in 2008. Out of the 64 million travelling over the ...
Bucharest ring road to be ready in 2014
Tuesday, September 6, 2011
The works at Bucharest Ring road aiming at the restoration of the current stretches and at its completion, will be finished in 2014, according to the investment strategy of the Ministry of Transports. A stretch longer than 20 km was finished last year between Chitila and Voluntari, whereas the other two were finished this year. The project includes other two sectors between Bucharest-Pitesti motorway (km 55+465), National Road 7 (km 64+160) and National Road 2 (km 12+300) and ...
Air traffic to grow by 5 percent in 2011, up to 10.7 million passengers
Tuesday, September 6, 2011
The air traffic is expected to grow this year in Romania by roughly 5 percent and the number of aeroplane flights by 3.8 percent, aligning to the international market trend, according to data sent to Agerpres by the Ministry of Transports and Infrastructure. The statistics published by Airport Council International reveal for the first six months of this year that the number of passengers went up by 6 percent on a year-on-year basis. The evolution of the airports Henri ...
Over 40 seaside hotels participate in 'Seaside for All' programme
Tuesday, August 30, 2011
The 'Seaside for All' programme will start on September 1 and as of August 18 tourists can make reservations through the travel agencies authorized by the National Association of Travel Agencies in Romania ANAT for over 40 hotels participating in the programme, announced the Romanian Tourism Employers' Federation FPTR.The programme will last one and half month, the estimated final date being October 15.According to FPTR, tickets are for sale at the tourist agencies, and ...
Paris, Barcelona, London are main holiday destinations where most Romanians want to travel
Tuesday, August 30, 2011
Paris, Barcelona and London are the main holiday destinations where most Romanians want to travel to, according to data provided by HotelPeeps application, developed by Zitec.According to the application, approximately 35% of Romanian users indicated on the list of destinations where they would like to go on holiday the capital of France, Paris. At the same time, Barcelona and London are on equal positions, on the lists of 16% of users. New York, Rome and Amsterdam are also among ...
eMag business increases 52 percent in H1 2011
Tuesday, August 30, 2011
The turnover of the online retailer eMag amounted to 62 million euros in the first six months of the year, increasing 52 percent compared with the similar period of the previous year.According to the data released on Thursday by the company, the estimations until the end of the year aim at a 150 million-euro turnover, 50 percent over the value registered in 2010.The company's officials believe that the electronics and IT retail market in Romania increased approximately 50 ...
Volume of industrial renting for Bucharest reaches 89,000 sqm in H1
Tuesday, August 30, 2011
The volume of industrial renting for Bucharest area has reached 89,000 sqm, representing 53% rise compared with last year, according to the report the real estate consulting company CB Richard Ellis Group (CBRE) Romania sent on Thursday.According to the quoted source, another 10,300 sqm were traded in C class locations, a fact that has led to a total renting activity of 99,340 sqm.The 'prime' rent (obtainable rent at the time of the analysis) recorded a slight decrease, ...
Laszlo Borbely: We want to enlarge forest area to 30 percent of Romania's territory
Tuesday, August 30, 2011
Minister of the Environment and Forestry Laszlo Borbely said on Thursday, in the opening of the international festival of silviculturists, which is being held in Sibiu (central Romania), that he planned to enlarge the forest area in Romania to 30 percent.'At present we have a 27.7 percent forest area in Romania. In 2010 we managed to make six times as many afforestations as in 2009. In 2011 we have planned twice as many as in 2010. Thus we have managed to be able to enlarge the ...
PWC, Metroul and Salans grant consultancy on project of Bragadiru-Voluntari underground stretch
Tuesday, August 30, 2011
Metrorex and a consortium of companies signed a contract on design, assistance and consultancy for preparing the procedure of assigning the contract on the public-private partnership for the seventh underground stretch between Bragadiru and Voluntari, informs the public corporation.The project, which is worth more than 40 million lei, was signed with the consortium made up of PricewaterhouseCoopers Management Consultants SRL, PricewaterhouseCoopers Audit SRL, SC Metroul SA, Salans ...