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Metrorex Subway Company publishes intention announcement of building project on Line 5
Tuesday, January 25, 2011
Metrorex Subway Company announces it plans to start building the Line 5 connecting Drumul Taberei and Pantelimon Bucharest districts, via Eroilor and Iancului Square subway segment, an investment worth 2.26 billion lei, namely 530 million euros, Company web page informs, on Wednesday. According to the announcement, the project involves the building of the subway stations and inter-stations, tunnels, galleries and passages, which are to make the segment fully operational.The segment ...
Online sales of clothing to triple in 2011
Tuesday, January 25, 2011
In full recession, the online trade of clothing, footwear and accessories has experienced significant growth, outpacing the specialists' estimates for the Romanian market. According to the statistics provided by Okazii.ro, the largest online trading website in Romania, online clothing sales will triple by the end of 2011, Capital weekly writes. More than 10% of Romanian Internet users chose to buy clothes online at end-2010. 'It is smart to buy online, and our users ...
APIA estimates an increase of new cars sales of 8.5pct in 2011
Tuesday, January 25, 2011
The Association of Manufacturers and Importers of Automobiles in Romania APIA estimates for 2011 an increase of about 8.5 percent in the new car sales, up to 115,000 units, and relies on a balance between second hand cars deliveries and the new cars sales. 'The outlook for 2011, in our estimation, is that it will be a difficult year, similar to 2010. The target for this year is of around 115,000 car units, very challenging to be attained. To all this, the overall economic ...
APIA: New car sales decrease over 18 percent in 2010
Tuesday, January 25, 2011
New car sales registered a 18.3 percent drop in 2010 compared with the data of 2009, at the end of December amounting to 106,328 cars, the representatives of the Association of Automotive Manufacturers and Importers of Romania (APIA) told a press conference on Monday.According to the official data, the total number of cars delivered in 2010 was 119,417, 19.3 percent lower than in 2009, when it amounted to 147,962 units.Out of this total, over 12,200 units were commercial ...
Jordan, Tunisia Want To Import Vegetable Oil From Romania - Agric Minister
Tuesday, January 18, 2011
Romania received vegetable oil and oleaginous products import requests from several countries, among which Jordan and Tunisia, Romanian Agriculture Minister told MEDIAFAX Wednesday.The Agriculture Ministry will try to put those who want to import oil in contact with the Romanian firms which offer long-term contracts.Tabara said an economic mission will go to Jordan, which wants to import from Romania a significant quantity of vegetable oil. He said the price of sunflower oil is about EUR350 ...
EC Taxation Dept Supports Romania's Request for Reverse Taxation For Cereal
Tuesday, January 18, 2011
The European Commission's Directorate-General for Taxation and the Customs Union supports Romania's request to apply reverse taxation on cereal and will forward the paperwork to the Council of the European Union for approval, said Sorin Blejnar, head of Romania's tax authority ANAF.Blejnar said this issue was raised in a meeting with Algirdas Semeta, the European Commissioner for Taxation and Customs Union.On July 6, 2010, Romania's Finance Ministry announced that reverse taxation for ...
Romanian Railway Co To Spend RON332.8M To Modernize Ten Train Stations
Tuesday, January 18, 2011
Romania’s state-owned railway company CFR SA will modernize ten train stations in the country for an estimated 332.8 million lei (EUR1=RON4.2564) net of VAT, the company said Thursday.CFR will organize four auctions for execution works.The first auction includes stations Giurgiu (RON14.52 million, net of VAT), Slobozia Veche (RON29.23 million, net of VAT), and Calarasi Sud (RON26.34 million, net of VAT). Bids will be open on March 21.Another auction includes modernization works on stations ...
More than 3 mln tonnes of freight shipped on Romanian waterways in 2010
Tuesday, January 18, 2011
Traffic on the Constanta County waterways (southeastern Romania), specifically along the Danube - Black Sea Canal and the Poarta Alba - Midia Navodari Canal, increased in 2010 by 4,827,334 tonnes capacity and by 3,087,616 tonnes of freight compared to 2009. Director-general of the National Company 'Constanta Waterways Administration' SA (CNACN) Valentin Zeicu told Agerpres that beginning with 2000, the external cargo traffic has followed an upward trend, outperforming in 2010 for ...
Romania, Turkey cooperate on health care
Tuesday, January 18, 2011
Minister of Health Cseke Attila along with his Turkish counterpart professor Dr. Recep Akdag have decided to start collaborating on several fields of activity, especially for implementing the system regarding the differentiated pay of the medical staff, to be received according to their performance, a system Romania wants to introduce over this year, with Turkey having recorded important progress on this matter.According to a release that the Ministry of Health sent on Friday, both ...
Turnover of motor vehicle and motorcycle trade decreases 9.2 percent in first 11 months of 2010
Tuesday, January 18, 2011
The turnover of the motor vehicle and motorcycle trade (adjusted series) decreased 9.2 percent in the first 11 months of 2010 compared with the similar period of last year, but it increased 5.5 percent, namely 8.8 percent (adjusted series) from October 2010 and November 2009, informs the National Institute of Statistics (INS) in a release sent on last Thursday.The turnover volume (unadjusted series) of the motor vehicle trade decreased 12.2 percent in the first 11 months of 2010 ...
Romanian Dacia Logan Sales In Russia Up 17% In 2010
Tuesday, January 18, 2011
Romanian carmaker Dacia sold 62,826 Logan models in Russia in 2010, up 17% from 2009, ranking sixth among the best-sold brands, on a market which grew 30%, to 1.9 million units.According to a press release by the Auto Constructor Commission with the Association of European Companies in the Russian Federation, the Logan is the sixth best-sold brand, being outranked by four Lada models and the Ford Focus. Dacia's Sandero model, launched in Russia last year, sold 19,232 units, ranking ...
Romania Is EU’s 16Th Largest Car Market By 2010 New Car Registrations
Tuesday, January 18, 2011
Romania is the 16th largest auto market in the European Union by new car registrations in 2010, whose number dropped three times more abruptly locally than in the EU, according to data released Friday by the European Carmakers Association ACEA.New car registrations in the EU decreased 5.5% in 2010, to 14.13 million units, from 13.36 million units in 2009, ACEA said. Romania registered 94,541 new cars last year, 18.5% fewer than in 2009, and the Romanian auto market dropped to the ...
Over 80 mln euros of EU funds invested in infrastructure in south-western Romania
Tuesday, January 11, 2011
Mehedinti County Council (south-west) has drawn 81 million euros by promoting some projects financed with European non-repayable funds, the president of Mehedinti County Council, engineer Marius Balu told Agerpres on Friday.According to him, the sums obtained through the implementation of some EU programs will be used for the rehabilitation of museums in Drobeta-Turnu Severin, upgrading of some county roads, the expansion of drinking water supply systems to villages and the ...
National Plan for Infrastructure Development to be launched in February
Tuesday, January 11, 2011
The National Plan for Infrastructure Development, which totals 4 billion euros, will be launched by the Ministry of Regional Development and Tourism (MDRT) in early February 2011, announced on last Tuesday, the Minister of Regional Development and Tourism, Elena Udrea, in a press conference. 'We have been asked (by Premier Emil Boc - editor's note) about some other goals we have in 2011. The most important is the National Plan for Infrastructure Development, which will have a ...
Qatar Airways, first Middle East company to have direct flight to Bucharest
Tuesday, January 11, 2011
Qatar Airways will be the first Middle East company to have direct flights to Bucharest, as it plans, starting Jan 17, to launch Doha-Bucharest weekly flights, read data the airways company .Qatar Airways is the first Middle East and five-starred company operating direct flights to Romania.Skytrax aeronautics consultant ranks Qatar Airways as a five-starred airways company along with Cathay Pacific, Asiana Airlines, Malaysia Airlines, Singapore Airlines and Kingsfisher Airlines.The ...
Dacia sales increased by 12% globally in 2010 to 350,000 units
Tuesday, January 11, 2011
Dacia sales advanced by 12% last year globally, to about 349,000 units of which 23,000 units were commercial vehicles, Renault data revealed. France was by far the biggest market with about 110,000 units, Germany exceeded 40,000 units. Duster found over 67,000 clients. In Romania, Dacia sold over 36,000 cars. Overall, Dacia sold last year 348,723 units globally compared to 311,400 in 2009. 23,000 units were commercial vehicles – VANs and Pickups. Only 10% of total sales were made in Romania ...
Romanian tourism market report released
Tuesday, January 11, 2011
After a considerable fall in the number of foreign visitor arrivals in 2009 (down an annual 14%), the most recent data for January-August 2010 shows an improving trend but the number of visitors was still largely unchanged compared with the corresponding period of the previous year. Resident departures abroad also continued to decline during the same eight-month period, down nearly 8% year-on-year (y-o-y), following an annual fall of 11% in 2009.HospitalityFigures for ...
Bucovina to be promoted at tourism fairs from New York, Paris and Vienna
Tuesday, January 11, 2011
The Romania's northeastern region of Bucovina will be promoted as a tourist destination over 2011 at the travel and tourism fairs from Vienna (Austria), Turin (Italy), Munich (Germany), Paris (France) and New York (USA), Suceava County Council chairman Gheorghe Flutur told a press conference on Tuesday.Flutur announced that within these tourist fairs also launched will be the projects Easter in Bucovina, Bucovina's Folk Round Dance and Pilgrim in Bucovina, with the last one to ...
Investment of some 4 mln euros for tourism development and greening
Tuesday, January 11, 2011
A project worth some 4 million euros will be implemented this year by Gorj Environment Protection Agency (APM) (south-west), with its main objectives being tourism development and greening several areas in the county. According to Gorj APM director Elisabeta Juveloiu, the money for unfolding the project comes from European funds and the project will last five years, during which the most important tourist areas of the county will be upgraded. 'Half of the project refers ...
Health Minister Cseke: 2010 was a hard year for healthcare system
Tuesday, January 11, 2011
Minister of Health Attila Cseke voiced his opinion that 2010 was a hard year for the Romanian health care system. At the stocktaking review of the past year's activity of the Ministry of Health presented to a press conference, the incumbent minister mentioned that despite that, 2010 had been a gain in terms of the reforms initiated in this sector. 'For the health care system, 2010 stood under the sign of decentralization, of the reorientation to the patient and the local authorities, who ...