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Romanian Dacia Logan Sales In Russia Up 12% In Jan-August 2010
Tuesday, September 14, 2010
Romanian carmaker Dacia sold 39,389 Logan models in Russia in the first eight months of 2010, up 12% from 2009, ranking fifth among the best-sold brands, in a market which grew 14%, to 1,135,074 cars.In August 2010, Dacia sold 4,078 Logan models on the Russian market, 6% less than the 4,320 units sold in August 2009, according to the data of the Auto Constructor Commission with the Association of European Companies in the Russian Federation. Logan is the Renault group's only model ...
Registration Of New, EU-Bought Cars In Romania To Require Proof Of VAT Payment
Tuesday, September 14, 2010
Natural persons may no longer register cars originating in the EU without proof of VAT payment, in the case of new cars, or a certificate exempting them from VAT payment, in the case of used cars, says an order by Romania’s Interior Ministry and Finance Ministry.The order, which entered force on Friday, says people not registered for VAT purposes who request the registration of an automobile newly-purchased inside the European Union must submit a "Certificate proving the payment of the ...
Romanian PM Says Large Infrastructure Works Should Have Been Done In The '90s
Tuesday, September 14, 2010
Romanian Prime Minister Emil Boc said Saturday the Government is having trouble paying people expropriated for infrastructure works and the matter could have been solved a lot cheaper in the '90s.Boc on Saturday inspected, together with Transport Minister Anca Boagiu, works on the beltway of Drobeta Turnu Severin, in southwestern Romania, and said works are advancing on schedule.Boc said problems with paying for expropriations are the same for all towns and cities where beltways are ...
Tabara: EC To Allow Reverse Taxation On Food
Tuesday, September 14, 2010
Romania’s Agriculture Minister Valeriu Tabara says he is working to get the European Commission to accept reverse taxation on food products, which it rejected earlier this year."I think we need to work and get the draft law introducing reverse taxation on food products accepted. Romania is not the only country that has this problem and needs to introduce reverse taxation. Italy and Spain have big problems too," Tabara told MEDIAFAX in an interview. The European Commission rejected ...
Romanian Agriculture Minister Calls For Extra RON1B For Agriculture In 2011
Tuesday, September 14, 2010
Romania’s Agriculture Minister Valeriu Tabara told MEDIAFAX in an interview he has asked the Finance Ministry for an extra 1 billion lei (EUR1=RON4.2723) in the agriculture sector’s budget for next year."The first measure I took when I became minister was to discuss a budget increase of up to RON1 billion," said Tabara, who was appointed minister of agriculture last week, following a Cabinet reshuffle.He added the extra money he has requested would cover direct complementary subsidies in the ...
INS: Decreases in dairy production in July
Tuesday, September 14, 2010
The main dairy products from the cow's milk collected by the processing units registered decreases in production in July 2010 from the previous month, informs the National Institute of Statistics (INS).The most important production drop in July 2010 from June 2010 was in butter, with 106 tonnes (13 percent), followed by cheese, the cheese exclusively made from cow's milk included (89.8 percent of the total production of cheese), with 378 tonnes (6.3 percent) and milk, with 690 ...
NGOs call for Romanian minister to be sacked for GM links
Tuesday, September 14, 2010
According to AFP, over 70 environmental NGOs including the WWF called for the sacking of Romania's new agriculture minister for his links to the genetically modified crop industry."The signatory organisations are calling on prime minister Emil Boc to sack Valeriu Tabara at once from any leading public position within the Ministry of Agriculture and appoint a new, objective minister", the non-governmental organisations said in a statement."Will Mr. Tabara be capable of ...
New 186 ha residential project in Bucharest
Tuesday, September 14, 2010
The Ministry of Regional Development and Tourism and the Ministry of National Defence will launch the biggest residential project in Bucharest, in sectors 5 and 6, covering a 186 ha area, said Minister of Regional Developmental Elena Udrea when a residential project in sector 2, Bucharest, was launched.'Together with the Minister of Defence we are going to launch the biggest residential project in Bucharest, in sectors 5 and 6. We will have 186 hectares where we will build a ...
State still top hospital operator, private companies clearly dominate clinics market
Tuesday, September 7, 2010
Romania in 2009 had 474 hospitals, 16 more than in 2008, with three new hospitals opened in the state system, while private companies marked four times more openings, according to National Statistics Institute (INS) data, the first to provide a distribution in terms of ownership forms.Despite last year's strong expansion, private players only managed to take a small bite out of the dominant position of the state, which currently owns 90.9% of the hospital market."(...) I don't ...
GfK Survey: Romania’s 1H Household Goods Consumption Falls 4%
Tuesday, September 7, 2010
Romania’s consumption of household goods dropped 4% year-on-year expressed in the local currency, leu, in the first half of 2010, the first fall in the past 10 years, according to a survey conducted by market researching company GfK."Due to the unfriendly economic environment, consumers' appetite for shopping decreased and supermarkets are the most affected stores from this point of view," said Raluca Raschip, consumer tracking director at GfK Romania. In the first half of teh ...
Carrefour sales in Romania dropped to 265 million euro in second quarter
Tuesday, September 7, 2010
Carrefour sales in Romania dropped by 5.8% in the second quarter, to 265 million euro, from 282 million euro in the same period of 2009, the evolution of the exchange rate having a slightly positive effect, according to a report of the French group. In the first half of the year Carrefour sales in Romania went up by 0.4% to 534 million euro, backed by the appreciation of the leu against euro, compared to the same period of 2009 Carrefour sales in Romania at a constant rate would have dropped ...
European-financed transport projects worth 1.154 billion euros
Tuesday, September 7, 2010
EU-financed projects worth 1.154 billion euros were approved and contracted under the Sectoral Operational Programme Transport (SOPT) in Romania, according to the August review, Romanian Minister of Transport Radu Berceanu on Wednesday stated at the government meeting. 'We have 24 projects approved and already contracted worth 1.154 billion euros under the SOPT. Another two projects are about to be contracted in September, worth 88 million euros. That is, we will soon have projects ...
Pwc: Romania Must Invest In Transport Infrastructure To Become CEE Logistics Center
Tuesday, September 7, 2010
Romania must allot consistent amounts of money to develop transport infrastructure, despite budgetary constraints, so that it can take advantage of its natural potential to become a logistics center of Central and Eastern Europe, PricewaterhouseCoopers Romania said in a press release Thursday."Gaps in financing are a paramount concern for all levels of infrastructure, local, national or international. In what concerns Romania, where the need for developing infrastructure projects is ...
PwC: Finance shortage – the main problem of transport infrastructure
Tuesday, September 7, 2010
The growing demand, financial constrictions, gridlocks concerning the launch of new infrastructure projects as well as the need for a more efficient management of future demand for logistic and transport services are difficulties confronting transport operators in the next 20 years, according to a report made by PreicewaterhouseCoopers (PwC). The 104 experts from 29 countries interviewed as part of Delphi opinion poll anticipate that gridlocks in transport infrastructure will be present ...
Romanian Public Notaries In Bucharest, Five Other Counties Lower Realty Deal Fees By 10%
Tuesday, September 7, 2010
The Chamber of Notaries Public in Bucharest will reduce by 10% the fees charged for real estate transaction signed in Bucharest and in five other counties, namely Calarasi, Giurgiu, Ialomita, Ilfov and Teleorman, starting September 1, the institution said in a press release .The Chamber of Notaries Public in Bucharest decided to lower notary fees for property deals made in the areas mentioned, citing the situation of the real estate market in the first seven months of the year. The ...
Romanian Telecoms Regulator ANCOM Cancels Tender On Digital TV Transition
Tuesday, September 7, 2010
Romanian telecoms regulator ANCOM announced that it has stopped the tender to award the country’s first two digital TV operation licenses. Previously, the Government issued Decision 8332010, which postponed the transition from analog to digital television until January 1, 2015. ANCOM stated it had not been consulted in the drafting of the decision. Seven companies had announced their participation in the tender. The regulator said Tuesday it had informed the seven of the procedure's ...
PwC: Romania’s car production could increase by 74.5% until 2014
Tuesday, August 31, 2010
Romania’s car production could increase by 74.5% until 2014, reaching a total of almost 520,000 vehicles per year, according to the latest PricewaterhouseCoopers (PwC) Automotive Institute analysis.Romania’s total car production could reach as many as 520,000 vehicles per year by 2014, according to the latest PricewaterhouseCoopers (PwC) Automotive Institute analysis. This would represent a 74.5% increase compared to the production level of the local automotive industry in 2009. Romania ...
Romania Scrapped Over 161,116 Cars Under 2010 Clunkers Program
Tuesday, August 31, 2010
Over 160,000 cars older than ten years were scrapped by August 20, 2010 within Romania's clunkers program, and the number of new cars bought within the program exceeded 35,000 units, of which 50% were produced on the local market, Romanian Environment Ministry said Wednesday.The 2010 clunkers program was allotted 722,000,000 lei (EUR1=RON4.2368), enough to scrap 190,000 old cars, the ministry also said. Environment Minister Laszlo Borbely said in June that Romania initially issued ...
Tobacco products exports total 118.7M euros in first four months of 2010
Tuesday, August 31, 2010
Romania exported tobacco products worth 118.7 million euros, over the first four months of 2010, by 20.7 percent more compared to the same period last year, say data the National Statistics Institute (INS) supplied.During the same above-mentioned time span, Romania imported tobacco products grossing 19.7 million euros (minus 15.1 percent).The tobacco manufacturing companies numbered 1,500 workers, earning a net average salary amounting to 2.943 lei, late in June. ...
Authorization for building Terra resort on the Black Sea coast issued
Tuesday, August 31, 2010
Prefect of Constanta County (south-east), Claudiu Palaz, on Wednesday issued the authorization for the Urban Area Plan (PUZ) 'The Black Sea Coast Area - 23 August Village,' by which the mayoralty of 23 August village has approved the building of a new and modern tourist resort on the coast. According to the chief of the Prefect's Chancellery, Corina Cusa, the area concerned benefits of a great tourist potential, being located close to the sea, between the resorts Costinesti and ...