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Romanian Subway Company Metrorex Signs Contract For Subway Sector Construction
Tuesday, March 22, 2011
Romanian state-run subway company Metrorex signed a EUR215 million contract with a consortium led by Italian company Astaldi for the construction of Raul Doamnei- Eroilor sector of Bucharest’s new subway mainline. Construction work will start in about 50 days and the subway sector will be finished in 2014. The project is financed by the European Investment Bank (50%) and the state budget (50%).In February, Metrorex awarded the contract to a consortium made up of Astaldi (Italy), FCC ...
Govt to provide financial support to swine and poultry growers and beekeepers
Tuesday, March 22, 2011
The Government is providing financial support to the swine and poultry growers and the beekeepers, by three decisions passed during the sitting on Wednesday, March 16. According to Agriculture Minister Valeriu Tabara, the swine and the poultry growers will benefit from state guarantees through the Rural Guarantee Fund, when they borrow money from banks. 'Today, we have okayed measures whereby the growers may benefit from guaranteed loans by the Rural Guarantee Fund, through ...
Agriculture Minister optimistic about 2011 plant production
Tuesday, March 22, 2011
Minister of Agriculture and Rural Development Valeriu Tabara is optimistic about this year's plant production, considering it will be better than last year, but voiced concern about the land plots left unfarmed since autumn 2010. 'At least the way the main autumn-sown cultures appear to be now, I think we will have a better plant production than in 2010. The wheat culture looks good, fertilization has been duly carried out, whereas for rapeseed cultures, we were lucky to have the ...
Car sales increase 7.9 percent in first two months
Tuesday, March 22, 2011
New cars sales on the Romanian market amounted to 8,632 units in the first two months of 2011, increasing 7.9 percent from the similar period of 2010, when the sales stood at 7,997 units, according to the statistic data of the Association of Automotive Manufacturers and Importers (APIA).The new vehicle sales (cars and commercial vehicles) increased 14.5 percent to 10,660 units, from 9,308 units in January-February 2010.The highest growth was registered in the sales of ...
Registrations of new vehicles rise 26%
Tuesday, March 22, 2011
The registrations of new vehicles rose in February 2011 by 26.38% compared with the same period of last year, having reached 4,724 units, according to the data with the Driving Licenses and Vehicle Registration Directorate (DRPCIV). As many as 3,238 cars were registered, up 21.82% versus February 2010, when 2,658 cars were registered.The best-selling car makes were Dacia - 907 units, up 69.85% compared with February 2010, Skoda - 382 units, up 40.44%, Volkswagen - 320 units, down 0.93%, and ...
Survey: Bucharest Housing Mkt To Recover, But Not Fully, In ’11
Tuesday, March 22, 2011
The residential markets in Bucharest and Sofia will not be able to make a complete recovery this year, while Warsaw and Prague will be the most attractive locations in the Central and Eastern Europe, Polish real estate company REAS said in a survey compiled in partnership with Jones Lang LaSalle.Investors and developers are currently focusing on residential markets with robust local demand, the survey reads. According to REAS' report, Bucharest and Sofia are expected to provide some ...
Arad Airport certified as international airport
Tuesday, March 15, 2011
Anca Boagiu, the minister of transports and infrastructure signed the order approving the certification as airport open to international traffic for Arad Airport, the Transport Ministry informs. The certification was made as a result of report 818017.02.11 on fulfilling certification conditions as airport open to international traffic, drawn up by the evaluation commission appointed by the order of the minister of transport.The meeting concluding the airport evaluation activity ...
Underground for Drumul Taberei to be built by Astaldi consortium
Tuesday, March 15, 2011
Metrorex will sign the contract for the construction of the underground section Raul Doamnei-Hasdeu (section 5) with the association headed by Astaldi company (Italy) when the contestation made by Aktor (Greece) was rejected by the National Council Solving Contestations (CNSC).“We received the CNSC approval for the continuation of tender procedures. Therefore Aktor lost as the Council declared Astaldi to be the winner. We will sign the contract soon,” the technical manager of ...
Trade in motor vehicles and motorcycles, down 24.3 pct in unadjusted monthly terms in January
Tuesday, March 15, 2011
Trade in motor vehicles and motorcycles in Romania declined 24.3 percent in unadjusted terms in January 2011 on a monthly basis, but was up 0.6 percent when adjusted for business days and seasonality.The business turnover in consumer services declined 3.1 percent in adjusted terms and was up 0.5 percent when adjusted for business days and seasonality, the National Statistics Institute (INS) reports.The drop in the business turnover of retail traders and wholesalers, motor ...
Attila Cseke: Foreign investors from four countries keen on Romanian hospitals in public private partnership
Tuesday, March 15, 2011
By the agency of embassies, foreign investors showed interest in building hospitals in public private partnership with the Romanian State, Health Minister Attila Cseke said on Wednesday.During the Wednesday sitting, Romania's Health Ministry passed four notes, requesting the local authorities of counties of Mures (central), Iasi (easy), Timis (west) and Dolj (south) to switch some land plots from public property to the Health Ministry's, in order to have regional emergency ...
Govt: 67 local hospitals to be turned into elderly homes, on Govt money
Tuesday, March 15, 2011
The Government will no longer fund 67 local hospitals if they are not changed into old people's homes, reads Government resolution passed on Wednesday. The resolution was initiated by the Health Ministry and the Labour Ministry and is aimed at the implementation of the programme of national interest on the development of the network of elderly homes, whereby Labour Ministry grants money to the local authorities of 67 localities to maintain the homes.According to Health Minister ...
Project of five-star tourist resort in Busteni
Tuesday, March 15, 2011
An Austrian businessman presented, in Bucharest, a tourism project worth one billion dollars, he is seeking to raise on the Prahova Valley, in Busteni center south , Gandul daily reports. Starting from the findings that Romanians annually spend 60 million euros on vacations in Austria, Kurt Neuschitzer says he could bring Austria to Bucegi, with what it has the best: five-star services and entertainment, says the quoted newspaper. The project submitted by the Austrian businessman ...
Romania, the last in the EU as competitiveness in tourism
Tuesday, March 15, 2011
Romania went up three positions , 63 , in a top regarding competitiveness in tourism made by World Economic Forum (WEF) which includes 139 countries, but it is the last in the EU, Mediafax informs. The top is led by Switzerland, Germany and France, which are the most attractive for the development of the industry of travel and tourism. The first ten positions are completed by Austria, Sweden, the UK, the US, Canada, Spain and Singapore. Out of the member states of the EU Estonia is ...
German group TUI displeased with Romanian seaside prices and services
Tuesday, March 15, 2011
The German group TUI is displeased with the prices and services that can be found in Romanian seaside resorts and Romanian Tourism minister Elena Udrea promised the German tour operator she would try to solve some of the issues, news agency Mediafax reports.Udrea was quoted as saying at the Berlin international tourism fair on Wednesday that solutions had to be found so that the Romanian seaside be operated by TUI from now on, as the German company's standards are "rather high" ...
Telecom operator Romtelecom launches new TV platform
Tuesday, March 15, 2011
Romanian telecom operator Romtelecom launched on Wednesday the beta version of a new TV content platform on the Internet, DolceTV.ro. Internet-connected users can use it to watch films, live and recorded TV shows and video content. For the time being, the platform offers some 200 free or rental films and 15 channels that can be watched live. After a first theme channel - Dolce Sport, was launched last year, Romtelecom offers quality video entertainment on the Internet starting today, Ovidiu ...
H&M to open five stores in Bucharest and one in Brasov by end of April
Tuesday, March 15, 2011
The Swedish clothes retailer H&M will open four shops in Romania , three in Bucharest and one in Brasov, When the two units AFI Palace Controceni and Unirea Shopping Center will be inaugurated in March.The H&M Swedish retailer will open four will open four new stores in Romania until the end June – three in Bucharest and one in Brasov, when the first two units of AFI Palace Cotroceni will be inaugurated in March.H&M will open in Baneasa Shopping City ( 31 March, in Romania Plaza (8 ...
Cotnari SA wine maker turns to Russia, China, South Korea, Ecuador markets
Tuesday, March 15, 2011
Cotnari SA, one of the largest wine makers in Romania, anticipates its turnover would rise 10 percent this year and plans to ship its products to such foreign markets as Russia, China and South Korea, company's marketing manager Catalin Grecu said on Friday.'We'll begin exports to Russia in about a month, we have already shipped samples and we await for certification. At the same time, we have contacts on new markets such as China, South Korea, Ecuador for future exports', Cotnari ...
France's Ambassador praises national fishing programmes Romania starts
Tuesday, March 15, 2011
France's Ambassador in Bucharest Henri Paul praised the way Romania was developing the national fishing programmes, and this when he participated in the seminar on the sustainable development of fishing and aquaculture areas, taking place in Giurgiu (60 km south of Bucharest), on Friday.'I can say, I am delighted, and I congratulate Romania for the way it started and has been acting in the national fishing programmes,' the French diplomat told the inaugural ceremony of the seminar. ...
Quantity of collected cow milk decreases in January 2011 versus January 2010
Tuesday, March 15, 2011
The quantity of collected cow milk from farms and collection centers decreased in January 2011 by 8.4% versus January 2010, but increased by 7.4% compared with December 2010, informs a release sent by the National Institute of Statistics (INS). The quantity of cow milk collected by the processing units decreased in January 2011 compared with January 2010 by 5,767 tonnes (minus 8.4%), from 68,770 tonnes to 63,003 tonnes, respectively, with the quality of milk remaining constant: ...
Recas white dry wine wins Grand Prize of Vinalies Internationales contest in Paris
Tuesday, March 15, 2011
The Solo Quinta white dry wine produced by Recas Cellars won the Grand Prize of the 17th edition of the 'Vinalies Internationales' contest, held in Paris over February 25 - March 1. Oenologist Marius Pasca told a Monday's press conference that the wine includes five varieties. According to him, it is the first time when a Romanian wine wins the 'Oscar' at the prestigious French competition. 'The wine is made up of five varieties - Muscat Otonel, Feteasca Regala, Sauvignon ...