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Economic

Subway traffic rises 5% in 2010

Tuesday, April 12, 2011

Bucharest subway recorded in 2010 a traffic of 177.23 million passengers, up by 5% compared with the previous year, according to the Transport Ministry. Traffic rose from 2009, when the subway system carried 170 million passengers but did not reach the annual record after 1989, in 2008 respectively, when 182 million passengers traveled by Bucharest subway.The number of passengers could increase also in 2011, due to the crowding in Bucharest and the finalization, in June, of the 4th ...

Transport Minister Anca Boagiu announces merger of Timisoara and Arad airports

Tuesday, April 12, 2011

International Airport 'Traian Vuia' of Timisoara (west) and the International Airport of Arad (west) are to be merged and run activities under the name of Banat Airport Company, headquartered in Timisoara. 'Every airport will have its own management board, but the central management is set in Timisoara', said on Friday Minister of Transport and Infrastructure Anca Boagiu. Transport Minister participated on Friday in the official opening of the non-Schengen terminal in Timisoara ...

Cluj-Napoca International Airport numbers 3 pct more passengers

Tuesday, April 12, 2011

The International Airport of Cluj-Napoca (central) numbered 3 percent more passengers in the first quarter of the year, compared to the similar time span, last year.The airport's manager David Ciceo told a news conference, on Tuesday April 5 that 223,373 passengers were registered in the first three months of the year, compared to 216,529, in the first three months of 2010.Because of the rise in the travels by plane, during summer, new and more often flights were ...

Romanian Car Brand Dacia Ranked Fifth In '10 Regarding CO2 Emissions

Tuesday, April 5, 2011

Romanian car brand Dacia climbed to the fifth position last year, from the sixth position in 2009, regarding carbon dioxide emissions, according to a research conducted by car consultancy company Jato Dynamics. The research surveys 20 top car brands in Europe. Dacia, which reduced carbon dioxide emissions by 3.7% in 2010 to 147.6 gkm, from 151.3 gkm, is the fifth most polluting car brand in Europe. All the 20 car brands analyzed improved their carbon dioxide emissions last year from 0.1% ...

European Commission approves a 127.5 million euro to rehabilitate 127 km of road

Tuesday, April 5, 2011

The European Commission approved the allocation of a 127.5 million euro contribution from the European Regional Development Fund for DN 6 Alexandria – Craiova, South Romania. The 127 km is split in three lots for which the state signed execution contracts with three different companies. The rehabilitation will decrease by 20% the number of deadly accidents on DN 6 Alexandria – Craiova road, Transports ministry reads. ...

Bucharest Ranks 39 In World’s Highest Industrial Rents Chart

Tuesday, April 5, 2011

Bucharest climbed three positions, to 39, among the 53 most expensive cities in the world with respect for industrial space rents, according to a study published Monday by real estate brokers and consultants Cushman & Wakefield.Bucharest annual industrial space rents were flat on the year at EUR48 per sqm in 2010, while the overall cost to occupy one square meter of industrial space reached EUR57, including expenditure and various services.The total cost stood at EUR60 in 2008. ...

Romania absorbs 24 percent of European funds for rural development directed until 2013

Tuesday, April 5, 2011

Romania has absorbed 2.5 billion euros out of the European funds for rural development, the equivalent of 24 percent of the 9.67 billion euros amount budgeted to Romania until 2013, according to data provided by the Agency of Payments for Rural Development and Fishery (APDRP).APDRP has contracted 27,916 projects up to now, exceeding 3.7 billion euros, more than 53 percent of the total available funds by the National Programme for Rural Development (PNDR 2007-2013) being directed ...

Grain crops by 11.4 pct up, in 2010

Tuesday, April 5, 2011

Romania's grain crop increased by 11.4 percent, last year, namely from 14.873 million tonnes, in 2009 to 16.57 million tonnes, in 2010. Our country preponderantly grows maize and wheat, on about 44.3 and 40.7 percent respectively, of the total surface grown in grains, National Statistics Institute (INS) data say .It was the yield per ha (average production) that brought the increase in the grain crops. Thus the yield for oat is with 7,2 percent higher, that for wheat by 15.8 ...

Sales of mountain boarding house stays, up 20 pct in 2011

Tuesday, April 5, 2011

Sales by travel agencies of stays with Romanian mountain boarding houses increased by 15-20 percent, on the average, in the first months of 2011, compared with 2010, J'Info Tours Chair Carmen Pavel told Agerpres at the spring edition of the Romanian Travel Show.'The 2011 holiday packages have sold better this year than in 2010, both internal and external destinations. The highest in demand in Romania are mountain boarding houses, in which case the demand has increased by 15-20 ...

Transport minister: Bucharest-Constanta motorway to become operational this year

Tuesday, March 29, 2011

The motorway between Bucharest and the Black Sea port of Constanta (south-eastern Romania) will become operational this year, with the only problem being related to Colas company for the motorway stretch linking Cernavoda to Medgidia, Minister of Transports and Infrastructure Anca Boagiu told a specialized seminar on Monday.'The motorway between Bucuresti and Constanta will become operational in 2011, except for the stretch from Cernavoda to Medgidia. I have never said to finalize ...

Romanian Transport Ministry Proposes Closing 1474 Km Of Public Railroad

Tuesday, March 29, 2011

Romania's Transport Ministry has asked the Government to close 1474 km of unessential railway infrastructure, thereby cutting public spending on their maintenance and directing the funds to more important segments.A draft Government decisions, drawn up by the ministry, says certain railroad segments are to be closed and sold, relieving the state budget and the national railway company's budget of the burden of investment and repairs. The savings could be directed to the development ...

Romania Beer Sale Volumes Down 3.5% In 2010, At 17M Hl

Tuesday, March 29, 2011

Beer sale volumes in Romania dropped 3.5% year-on-year in 2010, at 17 million hectoliters, due to the unstable economic environment, according to Brewers of Romania Association. In the past two years, the local beer market fell a combined 16% from 2008 record sales, when beer volumes reached 20.2 million hectoliters. In 2010, the beer consumption per capita dropped to 78 liter, from 81 liters in 2009 and 93 liters in 2008, according to the association data. The Brewers of Romania Association ...

GfK Survey: Fuel Consumption Most Important Factor For Romanians Buying Cars

Tuesday, March 29, 2011

Fuel consumption is the most important factor affecting choice for two thirds of Romanians buying a car, followed by brand, price, engine performance and comfort, says a survey by market research company GfK Romania, conducted in 2010. The study also says 5% of those questioned intended to buy a car within the next six months. This is similar to the 6% recorded in 2009, but down from 2008, when 9% said they were planning to buy a car. According to the research, 60% of respondents ...

Romania's finance deficit takes toll on family medicine

Tuesday, March 29, 2011

The deficit that sent Romania juggling financial resources is also visible on the family medicine segment, a basic medical service, Minister of Health Cseke Attila said on Friday at the meeting with Dr. Tony Mathie, president of the European Professional Organization of Family Doctors - WONCA Europe. According to a release sent on Friday to Agerpres, attending the meeting held at the seat of the Ministry of Health were Dr. Rodica Tanasescu, president of National Society for Family ...

Romanian Public Hospitals To Be Funded According To Class

Tuesday, March 29, 2011

Romanian hospitals will be divided, by June 1, into five classes, according to their fields, and each unit will receive financing appropriate to its class, Health Minister Attila Cseke announced Wednesday.The hospital classification was decided Wednesday by the Government, through the national strategy for hospital and healthcare rationalization for 2011-2012. The minister said the classification methodology will be published in Romania's Official Journal by April 1. Each healthcare ...

WHO: Major progress recorded on tuberculosis control in Romania in last years

Tuesday, March 29, 2011

WHO representative in Romania Doctor Victor Olsavszky told a conference on the occasion of the World Tuberculosis Day on Thursday. The tuberculosis incidence dropped by 36.3 percent over 2002-2010, from 142.2 in 100,000 locals to 90.5. The new case incidence went down 38.6 percent and the relapse incidence dropped 22.7 percent.Tuberculosis incidence in children aged between zero and 15 years fell by 43.6 percent over 2002-2010, while tuberculosis mortality dropped 39.8 ...

Minister Tabara: Agricultural products imports by 2 pct higher, in 2010

Tuesday, March 29, 2011

Romania's imports of farming products grew by 2 percent, only, whereas its exports of agricultural products went up by 40.7 percent, during 2010 m Minister of Agriculture and Rural Development Valeriu Tabara told a news conference at the Victoria Palace .'There are all sort of speculations on these imports it has been said that they are amounting to 90 percent, a.s.o. (...) There are but minor products scoring percentages higher than 50, Minister Tabara said, adding that only 9 ...

Investment of about 50mln euros in luxury spa in Turda

Tuesday, March 22, 2011

Romanians may enjoy a new luxury resort near the town of Turda 401 km north-west of Bucharest in maximum five years time, based on an investment estimated at 47.5 million euros. Besides the three, four and five-star hotels, the resort will also feature a skating rink, racecourse, golf course, and four former salt mines in the area are going to be rehabilitated and refurbished. 'The resort is one of the projects we want to focus on. It will include two spa complexes, one called ...

Romania Dental Market Shows Promising Future

Tuesday, March 22, 2011

The Romanian dental industry is forecasted to grow at a CAGR of around 17% during 2010-2012, says RNCOS in its latest research study. According to the latest research report “Romania Dental Market Analysis”, the Romanian dental market is showing great potential for future growth. Having emerged from the digressive effects of the recent economic downturn, the industry will grow on the back of affordable pricing, short treatment period, usage of advanced state-of-the-art technology, and ...

Gov't approves upgrading of 300 km of county roads in Suceava and Botosani counties

Tuesday, March 22, 2011

The Government on Thursday approved a decision concerning the approval of technical and economic indicators for the provision of nearly 100 million euros in funds for the upgrading of approximately 300 km of local roads in the north-eastern counties of Suceava and Botosani. The investment package is included in the National Infrastructure Development Programme (PNDI), the sub-programme for the upgrading of 10,000 km of local and county roads.'We have managed today to actually start ...

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