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Transport Ministry to receive 4.5 billion euros in financial grants by 2013
Tuesday, August 31, 2010
The Transport Ministry qualifies for financial grants of 4.5 billion euros from the European Union by 2013 plus 1 billion euro in co-financing money, says Transport Minister Radu Berceanu.'This is a decision incorporated in the 2007-2013 budget of the European Union. We will get much more money for 2013-2020. Probably then portions of motorways will be built between Brasov and Oradea and portions of a new lane to Moldavia and Albita,' Berceanu said on Thursday.He says all the ...
Ploiesti-Vest belt road to complete in Nov 2011
Tuesday, August 31, 2010
The Ploiesti Municipality's ring road will be completed in Nov 2011, after the five bridges along the 12 km long belt road are fully upgraded, Transport Minister Radu Berceanu said on Monday.Minister Berceanu inaugurated the road rail overpass at Brazi, (northwest of Bucharest), on Monday, the rehabilitation works costing 10.28 million lei (2.39 million euros).Immediately after the weight tests, the bridge in the Brazi plant area was opened to the traffic.'The ...
Romania, interested in importing agricultural produce from Moldova
Tuesday, August 31, 2010
Romania is interested in importing agricultural produce from Moldova, including apples, grapes, onion and garlic, state secretary with the Romanian Agriculture Ministry Adrian Radulescu said on Monday in Iasi.He underscored the openness of Romanian markets to Moldova products, including apples, grapes, onion and garlic, which are currently being imported to Romania from Poland, Egypt and China.'We are interested in importing certain produce which we are currently ...
Romania, Hungary To Cooperate In Agriculture Sector
Tuesday, August 31, 2010
Romania and Hungary want to intensify sanitary and veterinary checkups on animal and foodstuffs bilateral trade, with a view to reducing smuggling, Agriculture Minister Mihail Dumitru said Tuesday, after a meeting with his Hungarian counterpart Sandor Fazekas.Talks between the two officials also focused on possible cooperation to promote the two countries' traditional products.Dumitru said Romania and Hungary cooperate so that in the future Common Agriculture Policy the matter of the ...
Romania cashed EUR 38 million from cattle exports over Jan - May
Tuesday, August 31, 2010
Romania cashed more than EUR 38 million from cattle exports over the first five months of 2010, almost nine times more than the amounts paid for the import of live animals of the same species, shows data of the Ministry of Agriculture and Rural Development (MADR) on trade with agri-foods. Romanian exports of live cattle to both EU countries and outside the Community stood at 19,426 tonnes, while imports stood at mere 986.4 tonnes. According to MADR, in the first five ...
Romania's total wheat crop almost 5.7 million tonnes
Tuesday, August 31, 2010
Romania's total wheat crop was close to 5.7 million tonnes, representing 86 percent of the original estimates of the Ministry of Agriculture and Rural Development (MADR), but almost 10 percent higher than the 2009 production. In spring this year MADR experts were forecasting a total wheat production of around 6.64 million tonnes, but now, as the harvest was completed all over the country, the wheat production stands just at 5,691,532 tonnes, according to final MADR data provided to ...
Romanian Govt To Cover Difference Between Farming Loan Interest And EC Reference Rate
Tuesday, August 31, 2010
Romania’s Government will allot 103 million lei (EUR1=RON4.2368) until 2012 to cover the difference between the interest rate of loans taken out by farmers for production in 2010 and the reference rate announced monthly by the European Commission, Agriculture Minister Mihail Dumitru said last Wednesday. The decision, taken Wednesday by the Government through an ordinance, targets contracts signed after the act is published in the Official Journal and before December 31, 2010, for loans of ...
Asus Puts Off Romania Launch Of NX90 Laptop Over Stolen Prototype
Tuesday, August 31, 2010
Asus Romania has postponed the official launch in Romania of its NX90 laptop, initially scheduled for September, after the prototype was stolen mid-August from a hotel where it had been displayed for promotional purposes, the company said Monday.The model has not yet entered mass production yet and the stolen model was one of the few available in Europe."Before every important launch, we usually present the media in advance with a prototype of the respective product, before it goes ...
European Commission approves Ministry of Communication project application
Tuesday, August 31, 2010
The Ministry of Communications and Information Society (MCSI) received from the European Commission the financing agreement for the project entitled Study on Developing an European Integrated Cybernetic System, Employing a Pilot System Aimed at the Main National Internet Service Providers (ECIS), having a total value of 627,000 euros, reads a MCSI press release.The project's duration is 22 months and sets to draft a study in order to develop an European protection system against ...
ITU supports Romania's projects in ICT sector
Tuesday, August 31, 2010
The International Telecommunication Union (ITU) supports Romania's development plans in the ICT sector, greeting the active involvement within the organisation, not only of the line ministry but also the Communication Regulatory Authority, according to the statements of the ITU Telecommunication Development Office Director Sami Al Basheer Al Morshid.The Minister of Communications and Information Society, Gabriel Sandu, met ITU Telecommunication Development Office Director Sami Al ...
Romania and Hungary, the only real estate markets in Eastern Europe considered unattractive for investors
Tuesday, August 31, 2010
Romania and Hungary are the only real estate markets in Eastern Europe that are considered unattractive for investors due to over-valued actives, lack of transactions a study set up by DTZ concludes, quoted by the Romanian news agency Mediafax. DTZ set up an index of real estate actives world wide based on annual profits investors consider they will obtain in five years time, adjusted by the risks the countries present. In such conditions, the campaign classified the markets in three ...
Romania Econ Ministry To Analyze RON771M Gas, Energy Investment Projects
Thursday, August 26, 2010
Romania’s Economy Ministry received 52 investment projects worth 771 million lei (EUR1=RON4.2244) in total targeting the expansion and upgrade of the electricity, natural gas and oil transport and distribution networks.The projects will be co-financed with European funds.The beneficiaries of these projects are legal entities, small- and medium-sized enterprises and large companies that distribute electricity and gas and own distribution networks, the ministry said in a statement Tuesday.The ...
Senate approves ordinance on decentralization of hospitals
Tuesday, August 24, 2010
The senators on the legal commission on Tuesday approved Emergency Ordinance No 482010 on the decentralization of hospitals by a vote of 5 to 4.They also unanimously accepted the request made by President Traian Basescu for examining again the draft law on the public-private partnership, with no amendment.The senators on the legal commission did not approve of Emergency Ordinance 632010 on the local public finance as well as the draft law on the compulsory insurance of ...
Flat-screen TV sales, 60 pct increase in Romania, in June
Tuesday, August 24, 2010
Flat-screen TV sales advanced in Romania, in June, 60 percent from the same month a year earlier, whereas these products retail growth rate is estimated at 5-10 percent by the end of 2010, reveals market research GfK Weekly Monitor, conducted by GfK Co. According to the quoted source, in the second quarter of 2010 both producers and retailers took advantage of events as the World Football Championship and VAT increase to 24 percent in order to boost their sales.As such, ...
Apartment market: prices will drop by 25-30% next year
Tuesday, August 24, 2010
The apartment market is far from recovering as concerns prices. Consultants consider the decline will continue until the end of 2011, on the background of a lower purchase power created by measures adopted by the government to cut salaries and increase VAT.“In the following period prices of old and new apartments will drop by 25-30% while rents will also drop by 50%. We consider the most optimistic scenario could be a return of the real estate market over 2011-2012,” according to the study ...
Bulevard Hotel Complex in Constanta for sale for 15 million euro
Tuesday, August 24, 2010
Businessman Dorel Vlad, the former manager of Mamaia and Rex hotels wants to sell Bulevard Hotel Complex he owns in Constanta for 15 million euro, according to Mediafax. The complex, made of two hotels has a four-star classification and 100 rooms on three floors.The complex also has a restaurant, café bar, two conference rooms seating 170 and 150 persons, a fitness and relaxation center, an outdoor swimming pool and a parking lot. The complex covers 3,000 square meters. The hotel is open all ...
Berceanu: Cernavoda-Constanta highway and Bucharest-Constanta railway will be completed in 2011
Tuesday, August 24, 2010
Constanta-Cernavoda highway will be completed by the end of 2011 but drivers will be able to use this section on a single lane as of June 2011, when works for Bucharest-Constanta railway will be also completed, the minister of transports Radu Berceanu quoted by Mediafax said.“We could finish all three sections of highway Cernavoda-Medgidia, Medgidia-Constanta and Constanta beltway at least at the level of a single lane until June 2011,” Berceanu said.He mentioned that works for ...
Rising passenger traffic on Mihail Kogalniceanu airport of Constanta
Tuesday, August 24, 2010
Commercial passenger traffic on the 'Mihail Kogalniceanu' international airport of Constanta (southeastern Romania) increased 2 pct in the first seven months of 2010 compared with same period last year.Passenger traffic reached 44.653 travelers and the airport management is contemplating opening new routes.Airport director Ionel Manafu on Wednesday informed that 2,028 aircraft movements (landings and takeoffs) were operated in the past six months, a number almost equal to that ...
Transylvania Motorway built with budget money only
Tuesday, August 24, 2010
Over the interval 2007 - 2013 the Transylvania motorway does not receive funding under European programs, and the costs incurred are covered exclusively from the state budget, Minister of Transport Radu Berceanu declared on Thursday in Cluj-Napoca (north-west of Bucharest). 'Until 2013 inclusively, only money from the state budget is used, but this is not enough for works to progress at a normal pace. The initial work was on a supplier credit, so Bechtel, the company that carries ...
Air traffic grows on Bucharest's two airports
Tuesday, August 24, 2010
The air traffic increased by ten percent on Otopeni Airport and by three percent on Baneasa Airport, in the first half of the year, according to the data sent by the Bucharest Airports National Company.The company registered in the first half of 2010 for the two airports in Bucharest - Bucharest Henri Coanda International Airport and Bucharest-Baneasa Aurel Vlaicu International Airport - a total traffic flow of 3.18 million passengers and 47,604 commercial aircrafts movements ...