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Romania has EU's deadliest roads, study reveals
Tuesday, June 29, 2010
EU newcomers Romania and Malta are the only member states in which the number of deaths road traffic accidents in 2009 was greater than in 2001, a study published on 22 June reveals. EurActiv Romania reports. Romania has the highest mortality rate in the EU as a proportion of its population, the study by the European Transport Safety Council (ETSC) shows. The report indicates that Romanian roads are eight times more dangerous than their Swedish counterparts.The ETSC is a Brussels-based, ...
Mobile Operator Orange To Launch Apple’s iPhone 4 In Romania
Tuesday, June 22, 2010
Romania’s largest mobile operator, Orange, will launch Apple’s iPhone 4 in Romania in the upcoming weeks the company said Wednesday. Launched in 2007, the iPhone quickly became a standard for the smartphone industry and all large producers struggled to keep up with Apple's smartphone.On June 8, Apple launched its fourth iPhone model, which it is trying to introduce quickly in as many markets as possible, unlike previous models, and strengthen its leading position on the smartphone market. ...
Broadband Internet to continue rising in 2010
Tuesday, June 22, 2010
The number of broadband Internet connections, from both landline and mobile points, will continue to rise in 2010, Chairman of the National Regulatory and Administrative Authority for Communications (ANCOM) Catalin Marinescu told a specialist conference on Tuesday.'Romania's electronic communications industry has weathered better the 2009 crisis, although it was affected. The highest rises were in broadband Internet. Thus, the number of landline Internet connections stood at 2.8 ...
ZebraPay: Prepaid market will reach €1 billion in 2010
Tuesday, June 22, 2010
The average prepaid recharge amount is €5 per month, in a prepaid market that will reach €1 billion in 2010, according to Radu Ciorbea, chief executive of ZebraPay, payment processor.The utilities market has a significant growth potential, as it is estimated at €5.8 billion.ZebraPay estimates the daily payment volume will average €100 by the end of the year. As for the performance of instant payment machines, ZebraPay officials say the average payment volume will average €150 per machine in ...
EP Asks EC To Enforce Rail Liberalization In Several Member States, Including Romania
Tuesday, June 22, 2010
The European Commission (EC) should launch infringement procedures against member states which have not yet opened up their rail networks to competition, says a resolution adopted Thursday by the European Parliament (EP), which names Romania as one of the offenders."The directives of the 'first rail package', which aimed to enable rail companies to compete through ensuring fair access to infrastructure capacity by making infrastructure managers independent, should have been transposed in ...
Senate: Romania will contract EIB loan for expanding subway network in Drumul Taberei
Tuesday, June 22, 2010
The Senate's plenary meeting cleared on Wednesday a draft law through which Romania will borrow 395 million euros from the European Investment Bank (EIB) for expanding the subway network in the Drumul Taberei area in Bucharest. The normative act was approved with 65 votes in favor and 12 votes against. State Secretary with the Public Finance Ministry (MFP) Alexandru Nazare pointed out during the plenary debates the amount will be released in 8 tranches, with the last one being scheduled for ...
Wizz Air reports 31% increase in passenger traffic
Tuesday, June 22, 2010
Low-cost airline Wizz Air said it carried 736,000 passengers to and from Romania in the Jan-May period, 31% more than the same period of last year, when it carried 562,000 passengers.In the period, Wizz Air had a load factor of 80%.In June, the Hungarian-based carrier had a market share of 45.5% in the low-cost segment, at a narrow difference from Blue Air with 43.8% according to data provided by the airline. “Our operations in Romania had the best performance in the group in 2010”, ...
New hospital planned for Romania's Pipera region
Tuesday, June 22, 2010
Sweden's private healthcare service provider Medicover, a leading player on the market, last week acquired a plot of land in Pipera area from Greek Global Finance investment fund in order to build a hospital on the site where a housing complex was originally due to be raised. This is the second hospital project to be carried out in a real estate project that originally had a different destination, after the owners of Sanador clinics this March rented a building in Piata Victoriei area, which ...
Eurobarometer: 31 pct of Romanians would be willing to donate one of their organs after death
Tuesday, June 22, 2010
As many as 31 percent of Romanians would be willing to donate one of their organs to an organ donation service immediately after their death, versus 55 percent of European in the other EU countries, reveals a Eurobarometer update released by the European Commission at the weekend.The survey, called 'Organ donation and transplantation,' indicate that 40 percent of Romanians would not be willing to donate their organs after death, versus a 27-percent EU average, and 29 percent do not ...
Around one million Romanians suffer from rare diseases
Tuesday, June 22, 2010
Around one million Romanians suffer from rare diseases, out of which only 6,000 are diagnosed, the National Alliance for Rare Diseases (ANBR) chairwoman Dorica Dan on Friday told the Europlan conference, which was held at the Parliament Palace on Friday and Saturday.Dan said that according to the worldwide statistical data, five in 10,000 people suffer from rare diseases, which represents a 4-6 percent. The ANBR chairwoman also pointed out that for most of these rare diseases there ...
Around 86 mln euros to be allotted to SMEs development in rural areas
Tuesday, June 22, 2010
Around 86 million euros, in European funds, will be allotted to the non-agricultural economic activities in the rural areas, by signing 474 financing agreements to develop the small and medium enterprises, Agriculture Minister Mihail Dumitru told a press conference on Friday. 'This money is directed towards the non-agricultural economic activities in the rural areas to develop the small and medium enterprises in the services sector or in the sector of processing various raw ...
Romanian Agriculturec Ministry To Subsidize Premiums For Conversion To Organic Farming
Tuesday, June 22, 2010
Romania’s Agriculture Ministry will use European Union funds to subsidize premiums needed for the conversion of traditional farms to organic farms, the country’s Agriculture Minister Mihail Dumitru said last Thursday.The premium, which can be accessed starting with the second half of 2010, targets farms that switch from traditional to organic farming activities. Dumitru stressed that his ministry has a reconversion budget of nearly EUR3 million, covered from EU funds."The money covers ...
Skoda Auto Jan-May sales up 17%
Tuesday, June 22, 2010
Czech-based car manufacturer, Skoda Auto said its January-May sales rose 16.6% to 307,427 units. The car maker said the Chinese market has again contributed a great deal to the overall figures, where Skoda shipped 14,162 vehicles in May, and 68,977 in the five-month period into May.Skoda’s sales in the domestic market grew by 20.9% in January till May 2010, reaching 24,700 vehicles. The brand’s sales in United Kingdom and Spain grew by 72% and 65% respectively, while in Germany, in ...
Romanian car industry dropped 49% in Jan-May
Tuesday, June 22, 2010
New-car registrations in Romania dropped 49% in the five-month period into May, while the European market decreased 2% from the same period of 2009, data from the European Automobile Manufacturers’ Association show.In Romania, 26,351 new cars were registered in the period under review, versus 51,653 in year-ago period.Then demand for new cars in Europe rose in Jan-May period, by 2% to 6.11 million units, from 5.97 million units in the same period of last year.Five months into 2010, ...
Honda invests €2 million in a new 3S dealership in Arad
Tuesday, June 22, 2010
Honda Trading Romania, importer of the Japanese car brand in the local market, opened an integrated 3S facility in Arad. Infogo, Honda dealership network in Arad has invested over €2 million in a new Honda sales, service and spare parts center. Infogo Auto will cover a total built-up area of 2,500sqm and a showroom area of 650 sqm. The remaining 1,400 sqm will be used as storage and display area.Honda Trading Romania, member of Honda Trading, started operations in September 2006 as ...
Car market grows by 1.5 pct
Tuesday, June 22, 2010
The sales in new vehicles (cars and commercial vehicles) on the Romanian market totalled 11,852 units in May, climbing by 1.5 percent from April, according to statistical data provided by Automotive Manufacturers and Importers Association .Sales of new cars rose by 3.7 percent, cars and commercial vehicles imports increased by 9 percent, exports advanced by 17.7 percent, while the cars internal production climbed by 2.9 percent. For the first five cumulated months, sales in new ...
INS publishes residential property price index on June 29
Tuesday, June 22, 2010
The National Institute of Statistics (INS) will publish the price index of the residential properties for the first time on June 29, INS President Vergil Voineagu told a press conference on Friday.'The data are to be analysed next week, and the intermediary data will be made public on June 29,' said Voineagu. He also stated that the INS does not seek to establish an average price for the real estate properties, but to publish an index that reflects the market trend. The ...
Coldwell Banker: 3 out of 10 clients look for a new apartment, but only one buys it
Tuesday, June 22, 2010
Although home demand has picked up traction this year compared to 2009, buyers’ appetite for old apartments has remained unchanged. Thus, only 30% of Coldwell Banker’s customers are searching for a new home but a mere 10% are actually buying the property.Real estate adviser Coldwell Banker Affiliates of Romania recorded an increase in house hunting tours by 200% in January-May period this year compared to the same period of 2009.The structure of clients’ applications has ...
Romania Per Capita Fizzy Drink Consumption At Nearly 60L, Similar To Developed Countries
Tuesday, June 15, 2010
Consumption of fizzy drinks in Romania reached nearly 58 liters per capita in 2009, more than twice the average consumption of emerging countries in the region, but close to the average of developed countries, according to estimates of Coca-Cola Hellenic Bottling Company (HBC).Per capita consumption in Romania is way above consumption in Ukraine (30.19 liters) or Russia (33 litersi), but way below consumption in Bulgaria (105.28 liters per capita in 2009), Slovakia (87.35 liters) or the ...
EUR 300 ml Japanese loan to finance Northern Railway Station - Otopeni underground stretch
Tuesday, June 15, 2010
The government adopted on last Wednesday a bill that provides the raising of a EUR 300 million loan from the Japan International Cooperation Agency for the carrying out of the underground stretch connecting the Northern Railway Station with the Otopeni Airport. According to Prime Minister Emil Boc, the bill will be referred to Parliament for debate and adoption in a fast-track procedure. 'This is a major project of Romania, worth EUR 1.3 billion, of which EUR 300 million will be covered ...