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Report: Developers sell 550 new houses in 6 months. 4,000 left
Tuesday, August 9, 2011
Developers sold 550 houses in the first part of the year in residential areas in Bucharest, 7% less than in 2010, while 4,000 units are still available, a Colliers report shows.At the end of June about 4,000 new houses were still unsold in the residential market in Bucharest in projects of 200 units. The analysis took into account only projects in advanced construction stage or completed. Compared to 2010, when 2000 houses were added to the stock, only 200 housing units were completed in the ...
Orange Romania lost 3 pct of its clients over first half of 2011
Tuesday, August 9, 2011
The number of clients of the mobile network operator dropped 3 percent over the first half of 2011 on a year-on-year basis, up to 10.1 million, according to data revealed on Thursday by France Telecom.About 3.1 million of the total number of clients are using the mobile data solutions provided by Orange.The telecom company reported revenues amounting to 235 million euros over the second quarter of 2011, 6 percent more than the previous quarter but 4.9 percent less on a ...
Sales of buses rise 77% in H1
Tuesday, August 9, 2011
The sales of buses rose in H1 2011 by 77% to 421 units, this segment of the auto market having recorded the most dynamic advance, according to data from the Association of Car Makers and Importers.Of the total bus market, the sales of minibuses with up to 22 seats, 392 units respectively, represent more than 90%, Financiarul daily (www.financiarul.com) writes. The best-selling make of minibuses is Volkswagen, with 130 units, followed by Renault (95 units), Fiat (76 units), Iveco ...
Beer market this year might shrink by 5pct as against 2010
Tuesday, August 9, 2011
Beer market in Romania could decline by 5 percent in 2011 as compared to last year, of 16.9 million hectoliters, president of the Association of Romanian Independent Breweries (PSIPBR), Vifor Versescu, said.'Overall, the fourth quarter brings always declines in consumption due to the approaching winter, school start, heating needs, bills ... many things gather that time', explained Vifor Versescu.According to him, in the first five months of 2010, the beer market stood at ...
Tourist arrivals in H1 rise 11.7%
Tuesday, August 9, 2011
The arrivals recorded in tourist accommodation structures totaled 2.828 million in H1 2011, up by 11.7% compared with those in H1 2010, according to the National Institute of Statistics (INS). The arrivals of Romanian tourists in the said structures represented in the first six months 76.7% of total arrivals (2.169 million), whereas foreign tourists represented 23.3% of the total number of arrivals (658,800), numbers close to those in H1 2010. According to INS data, the ...
Romania Might Build Parts Of Transylvania Highway Through Public-Private Partnership
Tuesday, August 9, 2011
Romania's Government is considering building some sections of the Transylvania Highway through public-private partnership, because the state does not have unlimited funds for infrastructure projects, Prime Minister Emil Boc said Thursday. "The Gilau-Mihaiesti section will be put up for auction immediately and a new design will be drafted to auction off the Targu Mures-Campia Turzii section. The rest, from Brasov to Targu Mures, might be built through public-private partnership - it is one ...
Some 130 km of motorway, more than 515 km of national roads due for completion in 2011
Tuesday, August 9, 2011
About 130 kilometers of motorway and 515.56 km of national roads should be completed this year, Minister of Transport and Infrastructure Anca Boagiu on Friday told a press conference. 'According to available estimations, provided that the motorway sections Bucharest - Moara Vlasiei and Moara Vlasiei - Ploiesti (south) are finalized, some 129.2 km of highway should be completed this year,' said Boagiu. She added that the roughly 130 kilometers of motorway include the Arad ...
Vreme (MCSI): Romania supports its ICT developers by tax exempting
Tuesday, August 2, 2011
Romania supports the software developers within the ICT field by granting them certain tax exempting, said Minister of Communications and Informational Society Valerian Vreme during a meeting he held on Tuesday with Dell company representatives.During the talks, both the Minister of Communications and Dell regional manager for emergent markets in Central Europe Dragos Mateescu said that Romania boasts some of the best ICT specialists.In this context, the Romanian official ...
GfK Healthcare Romania :Almost half of Romanians took antibiotics in the last six months, study shows
Tuesday, August 2, 2011
44 percent of Romanians aged over 15 have undergone treatment with antibiotics at least once in the last 6 months, while 23 percent took this form of medication a month ago or later, shows a study developed by GfK Healthcare Romania. There are even more people over 60 years, retired or housewives who have taken an antibiotic in the last week than the general population.There is also a smaller group of 8 percent who says that it was never treated with antibiotics, category which ...
Bechtel Lowers Price For Transylvania Hwy, After "Tough" Negotiations
Tuesday, August 2, 2011
The price of the Brasov-Bors highway section has been reduced from EUR20 million per km to less than half, following negotiations between Romanian authorities and constructor Bechtel, which will resume work this fall, after the state will pay part of its debts, according to ProTV.The TV station cites sources in the Transport Ministry, who said "tough negotiations" have resulted in Bechtel renouncing some of its demands, in exchange for the payment of a part of the state's debts. The new deal ...
Eight bids for design and execution of Cernavoda-Medgidia highway segment
Tuesday, August 2, 2011
The National Company for Motorways and National Roads in Romania (CNADNR) received eight bids from firms and company groups for the design and implementation of Medgidia-Cernavoda (south-east) highway segment, and the winner will to be announced on August 22, CNADNR informs.According to a press release of CNADNR, the companies that submitted bids for the design and execution of Cernavoda-Medgidia highway segment are: Spedition UMB - Tehnostrade Group, Vega 93 - Selina - Arcada ...
Value of exports of cattle, sheep and goats increases by 42pct in first four months
Tuesday, August 2, 2011
The export of cattle, sheep and goats amounted to 63.5 million euros in the period January 1 to April 30, 2011, reflecting a growth by nearly 42 percent as compared to same period last year and 18 times higher than that of imports of live animals of these species, according to data provided by the Ministry of Agriculture and Rural Development (MADR).Live cattle have been exported to both EU countries, as well as to extra-community space, in a quantity of 16,646 tons, worth 32.9 ...
EC Report : Romania Is Having Best Farming Year In Last Five Years
Tuesday, August 2, 2011
Romania is having a good farming year, as its yield per hectare is above the average in the last five years for most crops, while the wheat, barley and potato harvests exceed last year's yield, according to the MARS Bulletin drafted by the European Commission's Joint Research Centre.Thanks to favorable meteorological conditions in most regions and the dry weather in July, the wheat yield will be 3.46 tons per hectare, 23.5% more than last year and 33.9% above the five-year ...
Digital Agenda: Commission starts legal action against 20 Member States on late implementation of telecoms rules
Tuesday, July 26, 2011
The European Commission has sent requests for information to twenty EU Member States which have not yet notified measures to implement in full new EU telecoms rules into national law. The deadline set by the European Parliament and the EU's Council of Ministers for implementing the new rules was 25th May 2011. The requests for information take the form of letters of formal notice under EU infringement procedures.The new rules give businesses and consumers new rights regarding ...
Romanian Parliament To Debate Bill On New EU Telecom Regulations In September
Tuesday, July 26, 2011
Romania's Parliament will begin in September discussions on the bill transposing into national legislation the EU's new telecom regulations, whose late adoption led the European Commission to launch an infringement procedure against Romania, says the Communications Ministry.The Commission has started infringement procedures against Romania and 19 other European Union member states for delays in implementing new EU telecom regulations, and has sent information requests to these states, ...
Romanian automotive market shrinks 15 pct in H1
Tuesday, July 26, 2011
The automotive sector, which is extremely important for the Romanian economy, had a disappointing evolution in the first six months of 2011, as sales of new cars fell 15 pct compared to the same period last year, the Association of Automotive Manufacturers and Importers (APIA) informs. Total sales of new vehicles stood at 50,272 units, of which 11,732 units in June alone. Car sales dropped 18.3 pct to 43,233 units as to 52,911 in the first half of 2010. The best selling brands ...
Eusebiu Pistru: transport activity to reach turnover of 10 bln euros in 2020
Tuesday, July 26, 2011
The transport activity in Romania will have in 2020 a contribution to the GDP of 10 billion euros and it will create 140,000 jobs, Eusebiu Pistru, State Secretary in the Ministry of Transport and Infrastructure, told a relevant seminar. 'Despite a decrease in transport authorizations because of the crisis, this year we are recovering in this field and until 2020 the sector will grow constantly to a transport volume from assembly activities that will reach 10 billion euros and will ...
Popescu (ROMPAN): This year's wheat crop is excellent in terms of quality
Tuesday, July 26, 2011
Wheat harvest this year is excellent in terms of quality, said on Thursday the president of the professional association of the milling and baking industry - ROMPAN, Aurel Popescu, in a conference on agriculture issues.'In 2011, the wheat crop is excellent in terms of quality, suitable for bakery. I think we will succeed this year to eat a better bread, if we keep the necessary wheat quantities in the country', stressed Popescu.Head of ROMPAN asked the Minister of ...
Romania's agricultural output exceeds 10 billion euros: excellent yields of cereals, vegetables and fruit
Tuesday, July 26, 2011
This year will be a good year for cereals, technical plants, vegetables and fruit in Romania, as the value of the country's agricultural output in the fields is currently exceeding 10 billion euros, Minister of Agriculture and Rural Development Valeriu Tabara told a farm conference on Thursday.He said that the good signs for the cereals market should avoid increases in bread prices after August 1.He also said he believes that black agricultural market, particularly for ...
Romania could stop importing sugar if it sowed 150,000 ha with sugar beet
Tuesday, July 26, 2011
Romania could stop importing sugar from other states if it sowed 150,000 hectares with sugar beet and not only the existing 20,000, Minister of Agriculture and Rural Development Valeriu Tabara told a conference on agriculture issues.'We have to stay focused on the sugar production and its continuation, firstly by increasing the area sowed with sugar beet. It is a matter of perspective because the price of sugar has sharply plunged worldwide and we have to pay attention to what ...