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17 companies submit bids for building Timisoara-Lugoj motorway
Tuesday, March 8, 2011
As many as 17 companies or consortia of companies have submitted bids within the tender on designing and building Timisoara-Lugoj motorway, with eight firms being interested in the 9.5-km first segment, and other nine in the 25.62-km second segment, the National Company of Motorways and National Roads in Romania CNADNR informs.Thus, bids for the first segment have been submitted by Straco-Azvi-Studio Corona, UMB-Tehnostrade-Carena, Doprastav-CCCF Timisoara, Vega-Selina-Consitrans, ...
Chinese contractors interested in building overhead highway in Bucharest
Tuesday, March 8, 2011
Representatives of Beijing Municipal Construction Group Co.. Ltd, a company founded 61 years ago and which specializes in building overhead highways, cable-stayed bridges and passages, on Wednesday expressed interest in equipping Bucharest with an overhead highway, also taking into account the existing infrastructure of the Romanian capital. According to a press release of the Bucharest City Hall (PMB) issued this Wednesday, company representatives presented Bucharest Mayor Sorin ...
Nadlac-Arad highway construction project receives 15 bids
Tuesday, March 8, 2011
Seven consortia submitted bids for the design and construction of the first section of the Nadlac - Arad (west) highway, whereas another eight companies and consortia are interested in the second section of the highway, the National Road Company (CNADNR) informs. The bidding consortia for the first, 22.2 km-long section, worth an estimated RON 486,946,433 lei VAT excluded are as follows: Azvi-Puentes-Straco-Grusamar-Specialist Consulting SRL-Incitec SRL; Tirrena ...
Romanian Transport Ministry To Implement European Train Categories
Tuesday, March 8, 2011
Romania’s Transport Ministry will replace the four train types operated by state-run passenger railway company CFR Calatori with European train categories by the end of the year. Intercity (IC), rapid trains, accelerat trains (fast trains) and personal trains (commuter trains) are the four train services operated by CFR Calatori. Replacing the four train types with European train categories (Intercity, InterRegio and Regio) entails amending legislation, setting new ticket prices and creating ...
GfK Romania: household buys decrease 5% in 2010
Tuesday, March 8, 2011
Romanian households' national currency expenses on consumer goods decreased by 5% in 2010 compared with the previous year, according to market research institute Gfk Romania. In H1 2010, a 4% decline was recorded, while in H2, the decrease stood at 6% due to tighter austerity measures. 'Trying to adapt to the unfavorable economic context, consumers reduced the volume of the shopping basket. In 2010 they went shopping less frequently, and, at the same time, they renounced ...
Romanian Govt Plans To Award Six Digital Tv Licenses
Tuesday, March 8, 2011
Romania's Government wants to award six digital terrestrial television licenses, including one required to ensure 60% population coverage and 50% land coverage by March 31, 2012, says an act drafted by the Communications Ministry.The first multiplex licensee will be required to carry public national free-to-air TV channels, and meet certain land and population coverage targets: 60% of population and 50% of land, by March 31, 2012; 80% and 70%, respectively, by January 1, 2013; 90% and 80%, ...
Romania's 2010 IT exports stand at nearly 600 million euros
Tuesday, March 8, 2011
Romania's revenues from IT exports in 2010 stood at 500-600 million euros, according to member on the leading board of the Association of Romanian IT Software and Services Industry Employers (ANIS) Liviu Dan Dragan.'The outsourcing services generated almost 60 percent of the IT market,' says Dragan.The IT software and services industry plummeted 25 percent in 2010, but in 2011 it could level off.'The decline will stop in 2011, at the same time with the economy. The stop in decline ...
Cosmote is first Romanian operator to report number of iPhones it sold in Romania
Tuesday, March 8, 2011
Some 2,500 iPhone terminals have been sold in Cosmote and Germanos stores since mid-December, Cosmote Romania commercial manager Panos Makris announced on Thursday. Cosmote and Vodafone put the iPhone terminal on sale on the Romanian market in mid-December, several months after Orange was the first to distribute the terminal in the country.The figure announced by Cosmote refers to all three iPhone models sold by the operator - iPhone 4 16 GB, iPhone 4 32 GB and iPhone 3GS 8 GB.Makris said ...
Romanian DTH deal on horizon
Tuesday, March 8, 2011
Romania’s DTH market may be about to enter a period of consolidation, with the incumbent telco Romtelecom set to buy Boom TV, a platform operated by the Israeli-owned DTH Television Group, for around €8 million plus VAT. ZF reports that the telco, which is itself backed by OTE and ultimately Deutsche Telekom, is in negotiations with the Transylvania Insolvency House (CIT). The latter is acting as a receiver for the DTH Television Group, which has built up debts of over €100 ...
Bucharest To Maintain Low Office Occupancy Costs In Near Furture
Tuesday, March 8, 2011
Bucharest will remain among Europe’s cities with the lowest office space occupancy costs over the next five years, according to real estate consultants DTZ. In 2010, occupancy costs dropped an estimated 17% on the year, to $4,060, according to the Global Occupancy Cost Offices -2011 report compiled by DTZ. One employee in Romania gets an average working surface of 11 sqm, according to the report. Thus, Bucharest remained among the cities with the narrowest working spaces, as opposed to ...
Romanian 4Q ‘10 Finalized Dwellings Down By 6,251 To 16,680 Units
Tuesday, March 8, 2011
The number of residential constructions finalized in the fourth quarter of 2010 fell by 6,251 units compared with the similar period a year earlier, at 16,680 units, the National Statistical Institute, or INS, said Friday.In the whole 2010, some 48,812 dwellings were delivered, down by 12,289 compared with a year earlier.Housing finalized in the rural area represented 59% of the total residential constructions in October to December 2010, while in the last three months of 2009, dwellings ...
Legislative package on CAP reform to be presented in this year's second half
Tuesday, March 8, 2011
The legislative package on the Common Agricultural Policy (CAP) will be presented in the second half of this year, after the European Parliament's (EP) report, based on the proposals the European Commission (EC) made last autumn, European Commissioner for Agriculture and Rural Development Dacian Ciolos told a press conference at the European Commission's Resident Office in Romania on Friday.'The European Commission is working out the CAP, which will be presented in the second half ...
Romania's car fleet rejuvenated by two years
Tuesday, March 8, 2011
The Romanian car fleet has been rejuvenated by two years to an average age of 11.5 years down from 13.5 years as per before the Old Car Scrappage Scheme was implemented in 2005, said the Association of Automobile Producers and Importers (APIA) on Monday.The European average of the auto fleet stands at some 8 to 8.5 years old.The Old Car programme is at its sixth edition this year, yet to begin. Some 300,000 ‘ramshackle' vehicles have been scrapped since the start of the programme, ...
Romanian Carmaker Dacia To Stop Logan Van Production In 2012
Tuesday, March 8, 2011
Romanian carmaker Dacia, owned by French group Renault, will stop producing Logan Van in 2012 and the car will be replaced by the new model the French carmaker will produce starting next year at its car plant in Tangier, Morocco, said Renault representative Vincent Carre.Carmaker Dacia will launch two family car models next year, a pickup and a minivan. The latter will replace Logan Van.The Renault official said talks are being held to stop the production of Logan Pick Up, which will be ...
Statistics: Nearly 350,000 tourists have preferred Romania in January 2011
Tuesday, March 8, 2011
Nearly 350,000 tourists have chosen, in January 2011, tourist resorts in Romania, an increase of 13.4 percent compared to same month of 2010, and of this number 78.6 percent were Romanian citizens, reveals provisional data published on Thursday by the National Institute of Statistics NIS . According to statistics, in January 2011, compared to the corresponding month the previous year, tourist arrivals in tourist accommodation structures registered a 13.4 percent increase ...
Romania 63rd worldwide in list of countries seen as most attractive for tourism development
Tuesday, March 8, 2011
Switzerland, Germany and France are the most attractive countries worldwide in terms of tourism development, according to an annual report of the World Economic Forum, published on Monday and quoted by AFP. Romania comes 63rd in the list of 139 countries. Germany rose from third to second place, and France from fourth to third place in the list. Austria, Sweden and the US also number among the top countries in the list. ...
Romania to contribute 55,000 euros toward development of European cultural routes
Tuesday, March 8, 2011
Romania will be paying 55,000 euros to the European Institute of Cultural Routes in contributions for 2011-2014 toward the development of cultural routes, according to a draft decision concerning the actions in the Programme for Cultural Routes released for ministerial discussions by the Romanian Ministry of Regional Development and Tourism (MDRT).Out of the total contributions, 25,000 euros will be paid for the first year, while the remaining amount will be paid in three equal ...
TOP 10 consumer trends for 2011
Tuesday, March 1, 2011
According to the Euromonitor International, the 2011 consumer is branching out: mobile and online, making time for self-care to stay ahead and well. Consumers are reaching out to higher-end products, greener consumption if the price is right and experience-based consumption while considering purchases more. Brands need to tap into the on and offline cultural zeitgeist to best connect with their existing and potential customers.1. DOLPHINS, YOUNG VALUE-SEEKERS AND OTHER FRESH TAKES ...
GfK Romania : One quarter of Romania's urban residents do not like shopping
Tuesday, March 1, 2011
Approximately one quarter of Romania's urban population say they do not like to go shopping, reveals a Roper Reports survey sent by GfK Romania. Of these, two thirds are men; the average age of shopping non-fans is slightly higher than that of shopping fans. This adverse attitude has nothing to do with the lack of resources: those who steer clear of shopping centers and those who find pleasure in this activity are equally optimisticpessimistic about the evolution of their ...
Romanian IT Exports Up 10% In 2010, To EUR500M
Tuesday, March 1, 2011
Romanian exports of IT products and services grew 10% in 2010, to around EUR500 million, said Valerica Dragomir, executive manager of the Software and Services Industry Employers' Association (ANIS).Dragomir said the sector has recovered from the net loss of 2009, bringing the total worth of software exports to around EUR500 million in 2010, above the level reported in 2007, before the crisis began. In 2008, IT exports accounted for almost EUR650 million. According to Dragomir, ...