Economic
Dialysis without a machine - a Romanian invention awarded at Geneva would cut treatment costs by 10 times
Tuesday, May 10, 2011
An invention of Romanian doctors at Sf. Ioan Hospital in Bucharest, awarded with a golden medal at the International Exhibition of inventions at Geneva through which the man’s own body is used for dialysis is still seeking sponsors even though it could cut treatment prices by ten times. A year ago, professor dr. Alexandru Ciocalteu together with other two young collaborators, doctors Cristina David and Alexandru Checherita invented a new way for dialysis, through the man’s own ...
Minea (Romalimenta): Meat price to surge by 5-10 pct over next months
Tuesday, May 10, 2011
The price of meat will soon surge by 5-10 percent, while prices of milk, dairy products, bread and grains, vegetables and fruits will keep steady, Romalimenta (The Romanian Food Industry Federation) Chairman Sorin Minea told a private TV channel on Sunday.'Bread and grain prices will keep steady and they might slightly fall at the end of this summer. On the other hand, the meat price will move up by 5-10 percent, so it is not such a catastrophic increase. The prices of vegetables ...
Nissan Romania 2010 sales, up more than 46 pct
Tuesday, May 10, 2011
Nissan Romania closed FY 2010 on a 46.2-percent sales rise, year-over-year, with its market share reaching 1.5 percent, up 0.6 percent from 2009.According to the financial reports released by the company, in FY 2010 that ended on March 31, 1,678 Nissan automobiles were sold in Romania, amidst a 13.7-percent drop in the automotive market from 2009.Nissan's overall market share in Romania increased from 0.9 percent to 1.5 percent, while its share in the local market for imported ...
New Car Sales In Romania Lower Than Normal
Tuesday, May 10, 2011
New car sales in Romania have been three times lower than normal over the past three years due to the economic crisis, Ford Romania president Henrik Nenzen said Thursday. Nenzen told a news conference all carmakers and dealers have been impacted by the economic crisis. The Romanian new car market did not exceed 95,000 units in 2010, when it should have stood at 250,000 units. The Ford representative estimated car sales in Romania will increase by 10% in 2011 and by 30% next year. ...
Dacia is the most trustworthy car brand in Romania only
Tuesday, May 10, 2011
Dacia is the car brand which only Romanians trust while Volkswagen was named the most trustworthy car brand in five European countries while Toyota in four countries, a study conducted by Reader’s Digest across 16 countries reads. It is interesting that no premium brand was chosen in none of the 16 countries participating. Volkswagen and Toyota enjoy the most trust. Austria, Belgium, Germany, Poland and Switzerland prefer Volkswagen while Finland, Holland, Portugal, Russia opt for Toyota. ...
Turnover of motor vehicle and motorcycle trade, consumer services, on the rise in Q1
Tuesday, May 10, 2011
The turnover of trade in motor vehicles and motorcycles increased 4.8 percent in Q1 2011, whereas the business turnover in consumer services advanced 7.4 percent, shows provisional data published last weekend by the National Statistics Institute (INS).The business turnover of traders of motor vehicles and motorcycles increased in Q1, 2011 from the same period of the previous year both expressed as raw series and as series adjusted to the number of workdays and seasonality, by 4.8 ...
Statistics: Dairies collect 10.3 pct less cow's milk in Q1
Tuesday, May 10, 2011
The amount of cow's milk supplied by farming holdings and collection centers to processing units fell 10.3 percent in Q1 2011 compared to the similar period of the year before, shows data published by the National Statistics Institute (INS). According to official figures, compared to the previous month, in March 2011, cow's milk supplies to processing units were by 9,347 tonnes higher (+16 percent). The steepest production rise was registered for butter (up 173 tonnes, + 23.8 pct), ...
Commissioner Ciolos: Diversity, major challenge of Common Agricultural Policy
Tuesday, May 10, 2011
The major challenge the Common Agricultural Policy (CAP) is the need to sort out the diversity that characterizes the 27 member states, European Commissioner for Agriculture Dacian Ciolos declared on Friday at the conference organized by the Consortium of Romanian Universities of Agricultural Science and Veterinary Medicine in Cluj-Napoca (center-west). 'For the first time in its history, the challenge for the Common Agricultural Policy (CAP) will be to meet not a single model, or ...
Agriculture minister: Wheat harvest to satisfy both domestic consumption and export
Tuesday, May 10, 2011
Given a normal agricultural year, the wheat harvest recorded in 2011 will satisfy both the domestic consumption and important amounts available for the export, Minister of Agriculture Valeriu Tabara said when debating the simple motion on agriculture the Opposition filed with the Senate.'There are no solid arguments to sustain the statements related to the autumn seeding program and this spring program. In the autumn of 2010 over 1.92 million hectares of wheat have been planted ...
CFR SA to close 1,000 km of railway lines, make 1,500 redundancies
Tuesday, May 10, 2011
National rail company CFR SA, which manages the country's railway infrastructure, will close until the end of the year about 1,000 kilometers of unfrequented railway lines and is expected to make more than 1,500 employees redundant, according to the company's restructuring program obtained by Agerpres. Of the 1,500 employees who will be laid off, 812 will become jobless following reorganization measures, whereas 688 will be sent home after 40 traffic sections belonging to the ...
Several Companies Contest Romanian Tenders For Pan-European Corridor IV
Tuesday, May 3, 2011
Seven consortia and companies have challenged the Romanian government tenders for the construction of the Timisoara-Lugoj and Orastie-Sibiu highways, part of Pan-European Corridor IV.The contracts for the Timisoara-Lugoj highway was awarded to Romanian-Italian association Spedition UMB-Tehnostrade-Carena SpA Impresa di Costruzioni, with its bid of 210.36 million lei (EUR51.6 million) for the first segment (10 km), and to Italian consortium Tirrena Scavi-Societa Italiana per Condotte ...
Harley-Davidson Romania Wants To Sell 55-60 Motorcycles This Year
Tuesday, May 3, 2011
Harley-Davidson Romania expects to sell 55-60 motorcycles on the local market this year, 10-15 units more than in 2010, sales manager Marcel Chiva said Friday.Chiva said the company sold 45 motorcycles last year, 20% more than in 2009, while the market shrunk by 60%. He estimates the market will grow by 10% this year, as banks begin to grant loans for motorcycle purchases.Harley-Davidson Romania has sold 12 units since the beginning of 2011. The year's most popular models ...
Duster model increases Dacia worldwide sales 2 pct in Q1
Tuesday, May 3, 2011
Dacia car sales worldwide edged up 2 percent in the first quarter of 2011, from 79,850 units in the first three months of last year to 81,600 units, as the decline in the sales of Logan and Sandero models was compensated by the high sales of Duster SUV, the Ziarul Financiar daily quoted French Group Renault as saying.On the light commercial vehicle segment, Dacia automaker posted a decrease of 13 percent, from 5,640 units down to 5,000.In 2010, the most important foreign ...
Gov't assigns RON 6.2 million for National Stem Cell Donor Register
Tuesday, April 26, 2011
The government decided on Wednesday, April 20, to supplement the budget of the Health Ministry by RON 6.2 million (about 1.52 million euros, at the current exchange rate) to ensure the functioning of the National Stem Cell Volunteer Donor Register, Prime Minister Emil Boc announced at the end of the government sitting. 'Not only have we supplemented the Health Ministry's budget by RON 6.2 million in order to ensure the operation of this register, but we also approved an additional ...
Romanian Dacia Car Worldwide Sales Up 2% In 1Q, To 81,600 Units
Tuesday, April 26, 2011
Sales of Romanian Dacia cars worldwide increased by 2% in the first quarter of 2011, to 81,600 units from 79,850 units in the same period last year, as the decline of the Logan and Sandero models was offset by solid sales of the Duster SUV, French group Renault announced. Dacia's sales on the light commercial vehicles segment decreased by 13% to 5,000 units, from 5,640 last year. Sandero sales halved in the first three months, dropping to 25,400 units from 50,200 last year, while ...
APIA: Car market falls 11.9% in Q1
Tuesday, April 26, 2011
The sales of new vehicles (cars plus commercial vehicles) fell by 11.9% to 17,848 units in Q1 from 20,260 units in January-March 2010, according to the statistics of the Association of Car Makers and Importers (APIA).The sales of new cars on the Romanian market stood in Q1 2011 at 14,751 units, down 17.7% from the same period in 2010, when sales stood at 17,920 units. The sales of minibuses (less than 22 seats) rose in the said period by 144.6%, and the sales of light ...
Romanian Govt To Subsidize Purchase Of Electric, Hybrid Cars
Tuesday, April 26, 2011
Romania's Government will encourage the purchase of electric and hybrid cars with price discounts of 20% and 10%, respectively (up to EUR3,700 or EUR1,800, respectively), Environment Minister Lazlo Borbely announced Wednesday.Individuals or companies participating in the cash-for-clunkers program will receive four vouchers for an electric car, or two vouchers for a hybrid car, said the minister. The Government will also subsidize the infrastructure needed by electrichybrid cars. Last ...
Romanian Cernavoda-Medgidia Hwy Segment To Cost Up To EUR170M
Tuesday, April 26, 2011
Completing the Romanian Cernavoda-Medgidia highway segment will cost between 500 and 700 million lei (EUR120-170 million), without VAT, according to public road authority CNADNR's new tender announcement, published after terminating the contract with French constructor Colas.The contract, for the design and construction of almost 20 km of highway, will run for one year, plus a two-year warranty. The tender procedure will begin on May 30. Financing will be provided by the ...
Govt approves new technical and economic indices for PNDI road works
Tuesday, April 26, 2011
The Government, in the Wednesday sitting, okayed new technical and economic indices totaling 1.585 billion lei (rd. 0.388 billion euros), for the road works part in the priority project '10,000 km of county roads and roads of local interest' of the National Infrastructure Development Programme (PNDI), informs Regional Development and Tourism Ministry (MDRT) release. Beside these road segments, which the PNDI technical and economic indiceshave been approved for, there are also ...
European project of 83 mln euros to upgrade Bihor water supply infrastructure
Tuesday, April 26, 2011
Ilie Bolojan, the mayor of the Oradea city (north-western Romania) and Environment Minister Borbely Laszlo in Bucharest on Tuesday signed the funding contract for the project named the Expansion and Upgrading of the Water and Raw Sewage Infrastructure in Bihor County, with a value of 83 million euros, namely one of the highest European funding of the Romanian north-western county.According to a release sent by the Oradea City Hall, the contract was signed at the headquarters of the ...