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Economic
Romanian Health Ministry Asks Producers For 15% Lower Price On HIV, TB, Cancer Drugs
Tuesday, June 28, 2011
Romania's Health Ministry is asking producers to reduce the prices of drugs provided free of charge through the national healthcare programs for diabetes, tuberculosis, HIVAIDS and cancer, by 15% starting with August 1, and distributors and pharmacists to reduce their markups.These suggestions are included in a draft ministerial order approving the methodology used in determining the list and discount prices for drugs provided to patients through national programs. The draft is up for public ...
Ruters: France sees G20 farm deal as a first step
Tuesday, June 28, 2011
A G20 farm deal agreed on Thursday is a good initial effort to tackle food price volatility and fight shortages and should encourage investment in agricultural output, France's agriculture minister said."This is the way I see this agreement. A first step, a positive step, and also an impetus that has been given to investment in agriculture," Bruno Le Maire told Reuters Insider TV shortly after G20 farm ministers agreed an action plan to curb food price volatility."We have given the ...
Payments to beneficiaries of EU rural development funds total over 2.1 bln euros
Tuesday, June 28, 2011
The payments made so far to the Romanian beneficiaries of the European Union's rural development funds total 2.119 billion euros, i.e. nearly half the overall value of the applications selected for financing, the managing director of the Agency for Rural Development and Fisheries Payments, Mihai Gavril Vadan told a conference on accessing European funds on Friday.'The payments already made account for 21.38 percent of the overall programme. When adding the advance payment of 500 ...
Romania-Poland Protocol for agricultural collaboration
Tuesday, June 28, 2011
PIA, the Romanian Agency for Payments and Intervention in Agriculture and the Polish Agency for Agricultural Markets signed in Warsaw, an inter-institutional collaboration protocol whose aim is the approach of theoretical and practical professional aspects on market aid, the tasks of a payment agency and approaching initiatives, as well as joint actions in the field of simplifying PAC schemes. According to an APIA press release, the protocol also has in view mutual administrative assistance ...
Romanian-French symposium shows dropping number of bees
Tuesday, June 28, 2011
The drop of the number of honey producing bee colonies in conditions of globalization, irrational use of pesticide and climate changes as well as the economic impact of the phenomenon were analysed at the first international Romanian-French symposium on apiculture organized by the Faculty of Agronomy in Bucharest. The symposium extends scientific collaboration with the French L’Institut National de la Recherche Agronomique (INRA) by approaching an important topic for the economy of the two ...
Romanian market of auto parts could exceed one billion euros in 2011
Tuesday, June 28, 2011
The market of Romanian auto parts will exceed, in 2011, one billion euros, growing by almost 5 percent as compared to the amount currently registered, according to estimates made on Wednesday by representatives of the Auto Parts Distributors Association in Romania ADPAR . Thus, ADPAR maintains that currently the auto parts market value, distributed in Romania, both by official centers and by independent distributors, amounts to 950 million euros. According to Haralambos ...
Sales of hybrid limos rising steadily from one year to another in Romania
Tuesday, June 28, 2011
Sales of 'green' limos on the Romanian market are rising steadily from one year to another, said representatives of the Lexus luxury brand, who set itself as a target selling exclusively hybrid cars (fitted both a classical and an electric engine) by the year 2015. 'In Western Europe, hybrid models account for 62 pct of Lexus sales. In Romania, the share of hybrid vehicles increased steadily from one year to another. In 2008, they were accounting for 45 pct of the total sales, in ...
Gov't approves leasing and closing of over 2,000 km of railway
Tuesday, June 28, 2011
The Romanian Government on last Wednesday's meeting approved the decisions about the leasing conditions in which the state-run company CFR rents some stretches of the inoperable railway infrastructure and also about closing some segments of the railway infrastructure, a public property of the state, namely 2,000 km of railway in an effort to save 109 million lei (about 25.6 million euros) in the budgets of the sector's public companies.According to a release the Government's press ...
Cooperation protocol between Constanta Port and Jebel Ali Port in Dubai
Tuesday, June 28, 2011
Romania's National Maritime Ports Administration Constanta and DP World UAE Region FZE in the United Arab Emirates signed a cooperation protocol on last Tuesday in the area of maritime transport and port infrastructure, according to the Ministry of Transports and Infrastructure. The protocol was signed during the meeting between Minister of Transports and Infrastructure Anca Boagiu, Dubai Ports World chairman Sultan Ahmed bin Sulayem and Dubai Ports World managing director Mohammed ...
Metrorex extends Line 4 by two stations: Laminorului and Straulesti
Tuesday, June 28, 2011
Metrorex announced its intention to organize a tender for the extension of Line 4 by two more stations: Laminorului and Straulesti. The estimated length of the contract is 24 months since winning the tender. The estimated value is 375 million lei financed by the state budget. Metrorex intends to build the resistance structure for underground tunnels, galleries and stations with a view to extend Line 4. The project also includes works for underground depot in the area of Straulesti lake, of ...
Eurobarometer survey : Romanians Among EU Citizens Most Dissatisfied With Rail Transport
Tuesday, June 21, 2011
Romanians, Poles and Bulgarians are the EU citizens most dissatisfied with the rail services in their country, especially unhappy with the length of a journey and lack of cleanliness and punctuality, says a Eurobarometer survey on railway passenger satisfaction in member states.Only 39% of the Romanians who participated in the study said most of their journeys by rail were for leisure purposes, the same as in Poland and a bit more than in Hungary (34%). The EU average is 56%. Some ...
Railway Reform In South East Europe and Turkey Can Boost Growth And Cut Delivery Time In Half
Tuesday, June 21, 2011
Train transit times between Ljubljana and Istanbul can be reduced by half – a staggering 25 hours – if much-needed reforms in the rail sector are made, according to the new World Bank report, Railway Reform in South East Europe and Turkey: On the Right Track?, released today in Brussels. “A test run of the Bosphorus Europe Express train in 2009 showed that a container train from Ljubljana, Slovenia can reach Istanbul, Turkey in 35 hours, but in practice often takes over 60 ...
Dacia sales in Europe, down 10.1pct in May
Tuesday, June 21, 2011
Dacia car registrations in Europe amounted to 20,994 units, in May 2011, down 10.1 percent as compared to May 2010 (23,362 units) and market share of the domestic car manufacturer fell from 2.1 percent to 1.7 percent, according to the European Automobile Manufacturers Association statistics ACEA published on Friday. ACEA statistics are aimed at car markets of 28 European countries - 25 EU (without Cyprus and Malta) and three EFTA states - Iceland, Norway and Switzerland. ...
New car registrations in Romania decline 2.1 pct in May and 12.1 pct in Jan.-May 2011
Tuesday, June 21, 2011
New car registrations in Romania declined 12.1 percent in the first five months of 2011 from the similar period of the year before, to 23,152 units, down from 26,351 units, according to statistics with the European Automobile Manufacturers' Association (EAMA) released on Friday.In May 2011, there were 8,474 new vehicles registered in Romania, down 2.1 percent from May 2011.EAMA statistics comprise data on the automotive markets of 28 European countries - 25 European Union member ...
Romanians' real property, 50 percent smaller since crisis onset
Tuesday, June 21, 2011
About three years since the real estate crisis broke out, the property of most Romanian people, representing owned buildings, has slumped by 50 to 60 percent, according to the demand monitoring conducted by imobiliare.to portal. Thus, the national price index of the old buildings dropped from over 2,000 euros per square metre in the spring of 2008 to about 1,043 euros per square metre in March 2011, reads Ziarul Financiar daily .The capital city ranks among the areas with the ...
Tourists can benefit from free holidays starting on June 15
Tuesday, June 21, 2011
Tourists can benefit by free holidays after the 'Pay 5 nights and stay 6 or even 7!' model as part of the Free Holidays programme, which is valid between June 15 and July 15, 2011 and August 15 and September 15, 2011, reads a release of the National Association of Tourist Agencies (ANAT). During the two spans of time mentioned before, tourists can get, for the money they have paid, free accommodation for one or two nights.The programme is exclusively carried out by the tourist ...
Bulgaria Ranked 4th by Romanians as Top Tourist Destination
Tuesday, June 21, 2011
Bulgaria is among the top tourist destinations for Romanian travelers, but the economic crisis has a negative influence on their vacation plans. A survey, conducted in the beginning of June, has revealed that due to the crisis many Romanians will favor local tourist attractions.49% of those polled have designated Romania as their favorite destination while 42% said they will vacation abroad. There number of those, who will stay in Romania for their vacation, is up 2%, compared to ...
IRES surveys : Nearly 25 pct of respondents did not visit Romania's Black Sea coast
Tuesday, June 21, 2011
Almost a quarter, 24 percent, of the respondents in an IRES tourist survey conducted on June 1 and 2 said they have never went to the Romanian Black Sea coast.As many as 17 percent of them went there last time before 1990; 25 percent in 2001-2009; 15 percent in 1991-2000- and 13 percent spent their 2010 holidays on the Black Sea coast.The same survey reveals that more than two thirds of the respondents are quite dissatisfied to very dissatisfied with their standards of ...
Investments of three million euros in Sunrise tourist complex, in Danube Delta
Tuesday, June 21, 2011
Sunrise tourist complex in the village of Crisan, Tulcea County (east), located in one of the most popular areas of the Danube Delta, has a capacity of 146 beds and was implemented based on an investment of about three million euros, extended over a period of 12 years, the business having been started in 2001 with pre-accession EU funds support.'We started this business in 2001, when the pre-accession funds appeared, with a project put in writing by myself on the establishment of a ...
AFI Palace Cotroceni, Global Eye Investments to open 4,500-sqm shop for children
Tuesday, June 21, 2011
AFI Palace Cotroceni Mega Fun has signed the lease contract with Global Eye Investments to open the largest toy shop on the Romanian market, on an area of 4,500 sqm, reads a release of the Bucharest-based shopping centre's developer. The opening of the shop is scheduled for mid-November 2011. The retail concept 'Toy & Joy' will be a completely differentiated proposal for potential clients and a shopping destination in itself for Bucharest's consumers and market. The targeted main ...