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Freight traffic continues to increase in Romanian sea ports
Tuesday, March 1, 2011
The trend of increasing the freight traffic through Romanian maritime ports in 2011 is maintained, a growth of 17.08 percent being recorded to date, compared to the same period last year, up to a total volume of over 5.7 million tons of goods. According to data provided by the spokesman of the National Company Maritime Ports Administration Constanta (ANAPMC), Monica Velicu, total freight traffic operated in 2010, through the Romanian maritime ports, was 47.563 million tons, ...
Craiova Airport meets requirements for certification as international air traffic facility
Tuesday, March 1, 2011
Minister of Transports and Infrastructure Anca Boagiu signed the report that ascertains the fulfillment by the Craiova Airport of the requirements for being certified as international airport. The report was made by the Evaluation Commission appointed through Order of the Minister of Transports. According to the Ministry, the closing session for the airport activity evaluation took place on January 11, 2011, at the Craiova Airport. After the analysis, the Evaluation Commission ...
Foreigners Prefer To Buy Properties In Romania, Rather Than Rent Them
Tuesday, March 1, 2011
Foreigners have started buying luxury residential properties in Romania rather than rent them, as real estate prices have gone down over the past two years, according to real estate agency Vission House.Expats and foreign investors are the favorite clients of local real estate agencies because they have a global vision on the property market and are quicker and more determined to sign contracts than Romanians, who are always looking for super offers, Vission House said in a statement. ...
Romania makes comeback as attraction for real estate investors
Tuesday, March 1, 2011
There are signs that Romania is moving back into a hot period with a higher potential for real estate investors, especially for premium properties in the retail and office building sectors, shows the latest DTZ Fair Value Index (FVI) conducted for Q4 2010 .'With a certain delay compared to the main European market, caused mainly by the rigidity of the banking system, Romania shows signs that it is moving back into a hot period, especially for retail and office buildings. Although our country ...
Real EX Skopje 2011 starts today
Tuesday, March 1, 2011
Real EX Skopje 2011 the premiere exhibition for real estates and investments will take place from 1st to 5th of March in the “Metropolis Arena”, on Skopje’s Fair. This event will be hosted by Leoron Group, a leading Dubai based company specialized in designing, marketing and executing unique business events. The business platform of this event includes five-day international Real estates and investments exhibition and an one-day Real estate investment and development conference. ...
Renault Plans To Up No. Of Romanian Dacia Car Sale Points In France By 2013
Tuesday, March 1, 2011
French group Renault, owner of Romanian carmaker Dacia, plans to increase the number of Dacia car sale points in France, from 60 to over 200 by 2013, according to French newspaper Le Figaro.Renault representative Thierry Plantegenest told online magazine autoactu.com the group wants to increase the number of Dacia car sale points, called Dacia Box, to over 200 by 2013.Dacia sales in France increased by 12% last ...
Effective payments to Romanian farmers in excess of EUR 2.28 bln
Tuesday, March 1, 2011
Disbursements by the Agency for Payments and Intervention in Agriculture (APIA) into the accounts of Romanian farmers surpassed 2.28 billion euros in the interval February 2010 - February 2011; of this figure, European funding stood at 1.39 billion euros, APIA director general Florin Marius Faur told a press conference.'The amounts paid from the EU budget, specifically from the European Agricultural Guarantee Fund (EAGF) and the European Fund for Agriculture and Rural Development ...
Bucharest City Mall Auctioned Off For At Least EUR33M
Tuesday, February 22, 2011
Bankrupt City Mall shopping center in Romania’s capital city Bucharest will be put up for sale at the end of March at a starting price of EUR33 million, judicial administrator Casa de Insolventa Transilvania said in a statement Wednesday.In November 2010, Victoria Holdings, a unit of Australia's APN European Retail Trust fund, and the owner of City Mall, entered bankruptcy procedures, and Casa de Insolventa Transilvania was named its judicial administrator.Other auctions might be ...
Dacia sales in Europe rise by 18.7pct
Tuesday, February 22, 2011
Dacia car registrations in Europe EU plus EFTA, European Free Trade Association in January stood at 20,475 units, an increase by 18.7 percent as compared to 17,250 units reported in January 2010, according to statistics of the European Automobile Manufacturers Association (ACEA), published Wednesday . The market share of the domestic car producer rose slightly last month, from 1.6 percent to 1.9 percent. A slower growth rate (16.2 percent) was recorded for Dacia passenger car ...
Romania Assigns RON228M To 2011 Clunkers Program
Tuesday, February 22, 2011
Romania will continue its clunkers program continue this year starting the second half of March and the Government has earmarked 228 million lei (EUR1=RON4.2584) for scrapping bonuses, Prime Minister Emil Boc said Wednesday evening.Boc added the funds may be supplemented if demand on the market is higher.The Government approved the Environment Fund's budget in Wednesday's Cabinet meeting.Romanians scrapped 190,000 old cars and bought 63,000 new cars through the clunkers program last year, ...
Romania’s tourism will be promoted on the internet
Tuesday, February 22, 2011
Romania’s tourism will be promoted through a national marketing plan, Tourism and Development Minister Udrea said. Romania will benefit from a professional promotion plan, with clear objectives that will identify main targets and when it is best to approached them, she explained. The plan indicates that Romania needs more online promotion which has never been done before. Foreigners choosing Romanian hotels prefer Bucharest, Transylvania and the South East region. Those preferring ...
Bucharest hotels expecting 10-pct rises in occupancy rates in 2011
Tuesday, February 22, 2011
The occupancy rates of three- and four-star hotels of Bucharest should increase by nearly 10 percent, after a rise of only 3 percent in 2010, from 39 percent to 42 percent, according to Bucharest Benchmarking Report of Fivestar Hospitality consultancy.'The average occupancy rates of 3 and 4-star hotels in Bucharest rose 42 percent in 2010 from 2009, when it was 39 percent. When it comes to average prices, they diminished to 46 euros in 2010, from 56 euros in 2009,' shows the ...
Romanian Transport Min : Cernavoda-Constanta Highway Works To Be Completed Next Year
Tuesday, February 22, 2011
Romanian Transport Minister Anca Boagiu said Friday the Cernavoda-Constanta segment of the Bucharest-Constanta Highway will be completed next year but the section will be open for traffic this year.She said authorities are making efforts to allow traffic on the highway this summer. She added works have been delayed because of expropriation procedures, that have been fixed in the meantime, and because of archaeological sites.Boagiu said works on the railway linking Bucharest to ...
Maritime cooperation protocol between Romania and Turkey
Tuesday, February 22, 2011
The bilateral cooperation between Romania and Turkey can be reinforced by the cooperation protocol between the National Company of Administration of Maritime Ports in Constanta (south-eastern Romania) and the Ro-Ro Pendik Port in Turkey, Minister of Transports and Infrastructure Anca Boagiu said on Thursday. 'Signing this protocol paves the way for carrying passengers and merchandise between Romania and Turkey. The incentives made available by both parties lead to the increase in ...
Romania and Turkey may cooperate in IT field
Tuesday, February 22, 2011
Romania may cooperate with Turkey in the IT field, as Communications and Information Society Minister Valerian Vreme was invited to Turkey by his Turkish counterpart in order to discuss this matter, informs the Ministry of Communications and Information Society (MCSI).Minister Valerian Vreme suggested that this visit also had a component of cooperation between companies in the two countries, by organizing an economic Romanian-Turkish cooperation forum.Valerian Vreme on ...
Eurostat: Phishing attacks cost 2% of Romanian Internet users
Tuesday, February 15, 2011
About 2% of Romanians who surfed the net in the last 12 months suffered financial losses as a result of phishing or pharming attacks or because of the incorrect use of bank cards, while the EU average is 3%. Latvia is worse with 8% of Internet users who suffered financial losses online, Mediafax informs. Latvia is at the same time the EU member state with the lowest use rate of IT security software, only 62% of people using the internet having taking that precaution measure. Romania has a ...
Statistics: : Volume of turnover in wholesale and retail trade declined by 6.6pct (gross series) in 2010
Tuesday, February 15, 2011
The volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motor-cycles dropped in 2010, as gross series, by 6.6 percent, mainly due to a shrinkage of activities of maintenance and repair of motor vehicles (down 19.4 percent ) and motor vehicles sales (down 10.8 percent). As adjusted series depending on the number of working days and seasonal changes, it decreased by 8.3 percent, mainly due to maintenance activities and repair of motor ...
Over 20,000 Romanians bought digital photo cameras in 2010
Tuesday, February 15, 2011
The Romanians bought over 200,000 digital photo cameras last year, a value close to 2009, while this year sales might even grow slightly, the Canon manager for Romania, Petronius Secareanu said at the event launching two new DSLR cameras. The head of Canon Romania estimates that some tens of thousand Romanians have DSLR cameras and their number could exceed 100,000 this year.“We estimate that over 200,000 cameras were sold last year including compacts and DSLR cameras. Compared to ...
Bucharest City Hall Waives 3% Hotel Tax For 2011
Tuesday, February 15, 2011
The Bucharest City Hall has waived the 3% tax on hotel revenue from accommodation for this year, giving up more than EUR2 million in income, but allowing hotel operators to lower their fees by 3%.The decision was transmitted to the operators late January through a letter addressed to the Federation of Romanian Tourism Companies by the Bucharest City Hall's General Department for Development and Investments. "The tax is only applicable to revenue from accommodation, not from ...
Romania's agricultural market, diverse yet highly expensive
Tuesday, February 15, 2011
The Romanian agricultural market is diverse, yet highly expensive relative to our means, Romanian Agriculture Minister Valeriu Tabara said on Wednesday.'The Romanian market is diverse, yet highly expensive relative to our means and that is not because of the supply, but because of the middlemen who come between producers and consumers. This is also happening in the case of big shop chains,' said Tabara.He said the market can only be regulated through dialogue and law.'I believe law ...