Economic
Number Of Tourists Entering Romania In August Up 8.9% YY
Tuesday, October 12, 2010
The number of tourists entering Romania was 8.9% higher in August compared with the same month a year before, while the number of tourists accommodated was down 15.2% on the year, the National Statistical Institute, or INS, said Monday. Romanian tourists accounted for 81.9% of the total, while foreign tourists represented 18.1% in August, similar with the same period a year before.The number of foreign tourists that entered Romania in July was 8.9% higher compared with August 2009, ...
Romania Ranks Fifth In Spam Sending Country Top
Tuesday, October 12, 2010
Romania climbed to the fifth position in the third quarter of 2010 in a spam sending country top, from the eighth position in the previous quarter, IT security solution provider Panda Security said in a report.According to the report, in the third quarter of 2010, the first ten worst spammers sent 55% of the total unwanted messages. Three East European countries rank among the first five spam sending nations. The United Kingdom was not included among the first ten spam sending ...
Survey: Bucharest Apartment Prices Decline Continues In Sept
Tuesday, October 12, 2010
Prices of new dwellings in Romania’s capital Bucharest dropped by up to 7% on the month in September, while old apartments’ prices saw a maximum 4.2% decrease, according to a survey of property website imobiliare.ro.In September, the average price of a new apartment in Bucharest was at EUR1,359 per square meter, down 5% compared with EUR1,431sqm in August. Compared with September 2009, the average price of new apartments in Bucharest dropped 8.1%. Owners of old apartments in ...
Romanian, Bulgarian transport ministers tour construction site of Calafat-Vidin bridge
Tuesday, October 12, 2010
At a meeting on last Thursday in Vidin, Bulgaria, with Bulgarian Transport Minister Alexander Tsvetkov, Romania's Transport Minister Anca Boagiu asked that works on the bridge linking Vidin to Calafat, Romania, be completed by the end of 2011.After touring the construction site of the bridge in Bulgaria - conducted by Construccion SA - together with Tsvetkov, Boagiu told a joint news conference that the request from Construccion SA to have the deadline extended to 2012 is ...
Metrorex to select consultant for new subway line next spring
Tuesday, October 12, 2010
Metrorex is going to select next spring a consultant for the new subway to link the Otopeni International Airport to the capital city, general manager of the Bucharest Subway Transport Company, Gheorghe Udriste, announced on the occasion of the Railway Days.'Next spring, we are going to select the consultant for this work, following it to choose later between the two points of departure from Bucharest, either 1 Mai or the Victoriei Square. The subway will exclusively be built ...
MTI: 33 million passengers use rail transport in H1
Tuesday, October 12, 2010
A number of 33 million passengers used the railway in H1, according to the Ministry of Transport and Infrastructure. The figure shows the railway passenger transport will decrease this year after last year over 70 million passengers used the train inside Romania or outside the country, through state-owned operator CFR Călători.Out of the 33 million passengers transported by railway in H1, 32.89 million traveled on the internal routes of various operators, with the biggest ...
Quantity of collected cow milk decreases 7.5 percent in first 8 months of 2010
Tuesday, October 12, 2010
The quantity of cow milk collected from farms and collection centres by processing units fell 7.5 percent in the first 8 months of 2010 compared with the same period in 209, informs the National Statistics Institute (INS).Eight months into 2010, compared with the same period in 2009, the quantity of cow milk collected by the processing units decreased by 51,548 tonnes (-7.5 percent). The biggest decrease in the 8-month production versus the same period in 2009 can be ...
INS: Production of poultry and pork meat (carcass) up in August
Tuesday, October 12, 2010
The meat production (carcass) increased in August 2010 in poultry and pork as compared with the same month last year, while the production of meat from bovine, ovine and caprine decreased, according to data released on Friday by the National Institute of Statistics (INS). The production of bovine meat dropped from 11,338 down to 10,743 tonnes in the abovementioned interval, the poultry meat production increased from 26,837 tonnes up to 27,780 tonnes, while the production of pork ...
Ciolos: Isolating agricultural factor from rural - a mistake in devising Romania's economic development
Tuesday, October 12, 2010
European Commissioner for Agriculture and Rural Development Romanian Dacian Ciolos says it is a mistake to isolate the agricultural factor from the rural one in devising Romania's economic development.'If we isolate the agricultural factor from the rural one in devising Romania's economic development I think we risk making a major mistake, a second one after the mistake made by the Communists, who had insisted on the economic development of agriculture, thus forgetting the essence ...
ForMin Baconschi: Romania could be a new Europe breadbasket
Tuesday, October 12, 2010
Romania has ‘huge' agricultural potential, which could make the country become a ‘new breadbasket' of Europe, Romanian Foreign Minister Teodor Baconschi said on Friday.'I spoke to Mr. Minister (Irish Foreign Minister - editor's note) about our huge agricultural potential and about the idea that countries such as Romania could, in an extremely technological form and with the required food safety standards, become again a new breadbasket of Europe. It is less plausible that we should ...
World Bank Might Grant Loans To Help Romanian Agriculture
Tuesday, October 12, 2010
The World Bank (WB) will look into ways to grant loans to the Romanian agriculture sector, the Romanian Agriculture Ministry said in a press release Monday.Agriculture Minister Valeriu Tabara met Monday with World Bank official Francois Rantrua. World Bank officials reiterated the institution's intention to continue the collaboration with the ministry to draw up the country's medium-term agriculture strategy.The two institutions are likely to cooperate to draw up a new WB strategy, ...
Registrations Of New Renault, Dacia Cars In Germany Down 34.2% In First 9 Months
Tuesday, October 12, 2010
Registrations of new Renault and Dacia cars in Germany fell 34.2%, to 114,113 units, in the first nine months of 2010, compared with the 27.5% decline of the German car market, to 2.16 million units.Only three of the 32 carmakers under survey saw a positive trend, namely, Land Rover (up 33.4%), Jaguar (9%) and Nissan-Infiniti (6.4%), according to data from Germany's motor vehicle department KBA. French Group Renault, owner of Romanian Automobile Dacia, reported a 5.3% market ...
Romanian 9-Months Dacia Car Registrations In Spain Tripled To 15,559 Units
Tuesday, October 12, 2010
Registrations of Romanian Dacia cars in Spain tripled in the first nine months of the year, to 15,559 units, from 5,193 cars in the same interval last year, said Spanish carmaker association ANFAC.The number of Dacia car registrations hit 1,274 in September, more than double compared to September 2009, when 381 units were registered. French group Renault, owner of Dacia, registered a 5% increase in the number of registrations in the January-September interval, to 66,108 ...
Romania Sept New Car Registrations -19% On Month To 6,860 Units
Tuesday, October 12, 2010
Romanian new car registrations fell 19% to 6,860 units in September, from 8,471 units a month earlier, Interior Ministry data showed Monday.Compared with the year-earlier month, however, new car registrations inched up 1.2% in September, the ministry's license and car registration division said. In January to September, new car registrations reached 62,348 units, down nearly 30% from 88,645 units in the same months of 2009.Overall new auto registrations -- including commercial vehicles, ...
Mazda announces increased sales in Romania for four consecutive months
Tuesday, October 12, 2010
Mazda continues to register increases in the sales volume on the Romanian market for the fourth consecutive month, with the number of traded units rising by 17 percent in September, compared with the same month of 2009, informs Mazda Romania.As many as 668 Mazda automobiles were sold January-to-September, by 12 percent more compared with the similar period of the past year. The Mazda models which registered the highest sale increases in the first nine months of the year ...
Romanian Agric Min Says Increase In Food Prices Ungrounded And Artificial
Tuesday, October 12, 2010
Romania’s Agriculture Minister Valeriu Tabara said an increase in prices of agri-food products is ungrounded and artificial, adding food processors and those selling food products siphon off profits in the system, to the detriment of raw material producers and consumers."Agriculture Minister Valeriu Tabara shall never uphold a price hike policy for agri-food products, because it is unjustified at the moment", the Agriculture Ministry said in a press release Monday, adding many dysfunctions ...
Eurostat: Romania ranks first in EU retail trade growth in August
Tuesday, October 12, 2010
Romanian retail trade volume increased by 5.2 percent in August 2010 compared to the previous month, this being the strongest retail trade growth rate registered by a European Union (EU) country, according to the data presented on Tuesday by the European Statistics Office Eurostat.Both in the EU and in the euro area, retail trade dropped in this August from July by 0.3 percent and 0.4 percent respectively. Only six EU countries registered retail trade growth, while 13 others were ...
Hard-discount store expansion just beginning in Romania, specialists say
Tuesday, October 12, 2010
The expansion of the hard-discount stores - small shops that offer low prices - is just beginning in Romania, specialists say.'The development of the hard-discount stores in Romania bears no relation to the recession. This type of stores is a real success all over Europe, they are the biggest players in the foodstuffs market in the vast majority of the Western European states', Selgros executive manager Alexandru Vlad said on Wednesday.The Romanian retail market had a ...
Lower returns by over 17 percent from wine exports in first six months
Tuesday, October 12, 2010
Romania collected almost 5.7 million euros from exporting wine made from fresh grapes in the first six months of 2010, down by 17.6 percent from the similar time span of 2009, when it collected 6.9 million euros, according to the data supplied by the Ministry of Agriculture and Rural Development.The wines made from fresh grapes, the alcohol ones included, were exported both to EU member and non-member states and exceeded the quantity of 4,823 tonnes in the first six months of 2010, ...
Business of first 100 travel agencies dropped by 22% last year
Tuesday, October 5, 2010
The largest travel agencies in Romania reduced their incomes and profits last year, the overall business volume of the first 100 companies dropping by over 22% in 2009 to 2.38 billion lei.The business of big travel agencies dropped last year between 10% and 50% while profits dropped two, three or even eight times compared to 2008.The first 100 agencies in Romania, according to the business figure, had incomes of 2.384 billion lei last year, on the drop by over 22% compared to 3.063 ...