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Romania Sets Off Program To Upgrade Roads, Provide Public Water Utilities Countrywide
Tuesday, April 6, 2010
The Romanian Government decided to earmark funds for a new program meant to refurbish county roads and provide public water utilities and wastewater cleaning stations in rural areas and administrative-territorial units with high tourist potential . The program, approved during the Government meeting Wednesday, will be coordinated by the country's Ministry of Tourism and Regional Development.The ministry said the program targets a wide range of projects and will bring many ...
Developing railway capacity in river-sea sector will cost 17 million euro
Tuesday, April 6, 2010
CN “APM” Constanta announced the tender for the design and execution of works for the “Development of railway capacity in the river-sea sector of Constanta port,” for which it will pay 17 million euro.According to the intention announcement published by the Public Electronic Purchase System (SEAP) the tender date is 15 May 2010, the contract being for 30 months .The project will be financed from budget sources and from structural European funds. The investment is meant to improve ...
Cluj-Napoca airport receives 65 pct more passengers
Tuesday, April 6, 2010
The number of passengers at Cluj-Napoca International Airport, in central-western Romania rose by 65 percent in March 2010 compared to the same month last year.This March, 83,300 passengers were registered as compared to 50,453 passengers in March 2009.Also, the first quarter of the present year witnessed a 49 percent increase in the number of passengers against the similar period last year.At present, Cluj-Napoca International Airport operates regular flights to 18 destinations, ...
Cruising season to start in Constanta Port
Tuesday, April 6, 2010
The Viking Primadonna river-going ship under Malta's flag will open on Saturday the Black Sea cruising season, with a docking at the passenger terminal of the Constanta Port.The 113.4-m long ship was built in 1998 and it will be bringing to Constanta 140 tourists, mainly US citizens.Spokesperson for the Constanta Maritime Ports Administration (APMC) Monica Velicu says the Viking Primadonna comes from the Ruse Port and reaches the Constanta Port via the Danube - Black Sea Canal for ...
Zitec introduces Facebook application
Tuesday, March 30, 2010
Zitec, one of the largest local software providers, said it had introduced a new Facebook application for sharing information between friends and easy booking. The first application, launched today for Facebook users is called HotelPeeps and is designed to help foreign tourists in finding accommodation for their vacations. So far, foreign tourists were planning their trips and vacations by themselves. They would surf the internet for best room rates and reviews. Now, HotelPeeps will provide ...
UniCredit Bank to build office building in Bucharest
Tuesday, March 30, 2010
UniCredit Tiriac Bank, the sixth largest bank by assets, plans to break ground on a new office building that will host the bank’s back-office operations once construction works completed. UniCredit Bank signed a contract with the construction company Bog’Art held by Raul Doicescu, that will be responsible for completing the construction works before 2012, persons closed to the issue told NewsIn.For the time being, Unicredit Bank’s back-office activities are done from different leased ...
18 mln euros investments for railway project in Constanta Harbour
Tuesday, March 30, 2010
Constanta Harbour Administration Company will allocate around 18 million euros for the development of the harbour railway capacity, Transport Ministry informs.Constanta Harbour initiated the procedures for assigning the contract on surveillance technical assistance for the conduct of works on the project titled 'Development of the railway capacity in the river-maritime sector of Constanta Harbour' and for the engineering and execution of the project.The consultancy ...
Romanian MedLife Starts Stem Cell Collection Operations
Tuesday, March 30, 2010
Romanian private healthcare company MedLife said Monday it started stem cell collection operations through a partnership with Stem Sure Solutions, the local representative of Denmark’s StemCare.Collected units will be stored and processed in Denmark, MedLife said in a press release.Since the launch of the MedLife maternity ward, three years ago, the unit has registered some 2,000 childbirths, according to company data.The main competitors on the Romanian stem cell market are ...
Romanians take healthcare into their own hands when it comes to headaches
Tuesday, March 30, 2010
About half of Romanians (46%) get headaches, migraines or cephalalgia at least once a month. More than half of them get migraine attacks every week, and 4 of 10 Romanians said they had never experienced such symptoms.The survey found that 83% of Romanians suffering from headaches take healthcare into their own hands and take over-the-counter medications, 9% consult a family doctor or pharmacist, and 8% don’t take any medication when it comes to common headaches.On the other hand, ...
Romania Private Healthcare Market Seen Up 13% This Year, To EUR420M
Tuesday, March 30, 2010
Romania’s private healthcare services market will increase 13% this year, to EUR420 million, and is set to top EUR600 million in 2012 due to an increasing number of consumers choosing such services, unhappy with public healthcare units, according a report by Polish market research company PMR.In 2010, the Romanian private healthcare market, which comprises payments from people's own sources, private healthcare service subscriptions and medical insurance, is seen increasing 13% and is ...
Cushman & Wakefield: Romania saw the biggest drop in new commercial centres from Central and Eastern Europe in 2009
Tuesday, March 30, 2010
Romania recorded the most drastic drop in new commercial centre spaces in East and Central Europe in 2009: 314,000 square meters, namely 57% less than in 2008, according to a Cushman & Wakefield hosing consultancy report indicates. Only Poland and Slovakia recoded a plus in new commercial centres spaces last year."In 2009, most of the Central and East European states have recorded a drop in new commercial centres, except for Poland and Slovakia, which saw an increase against 2008. ...
Official consumption of bread dropped by 7%
Tuesday, March 30, 2010
Fiscal evasion on the bread market increased in the first two months of the year which led to a drop in the fiscalised consumption by almost 7-8% as compared to the same period of last year, the Rompan chairman, Aurel Popescu said. « Over the first months of the year, the consumption of bread was less by 7-8% as compared to the same period of last year. In fact, there is not drop in the real consumption, but an increase of underground economy” the chairman of the Romanian Employers ...
Euromonitor: Romanians To Spend RON96B In Retail Stores This Year, Up 7% On ’09
Tuesday, March 30, 2010
Romanians will spend 96.4 billion lei (EUR1=RON4.0682) this year on food and non-food products, some 7% more than in 2009, and will mostly target modern commerce, which will lead to the bankruptcy of over 900 small stores and boutiques, according to Euromonitor.Last year, food and non-food sales cumulated RON90.1 billion, up 6% on 2008, when the market reached EUR85.2 billion, according to data issued by research company Euromonitor International. Thus, stores will generate sales ...
Romania’s retail e-payment market reaches €100 mn
Tuesday, March 30, 2010
Card transactions in online stores totaled €96 million in 2009, or 3% of total card payments of €3.2 billion, according to Netopia System, one of the largest micropayments companies in Romania.In 2009, card transactions made through the internet accounted for 1.5% (1,260,000) of total 84.4 million card payments in Romania.Antonio Eram, founder and chief executive of Netopia Systems said it expects e-payments volume to rise 20% from 2009, exceeding the 1,500,000 payments mark, ...
GPS sales to grow by up to 10 pct in 2010
Tuesday, March 30, 2010
Even though the beginning of 2010 continued with dramatic drops in the automotive field, producers say that the influence on the navigation systems is low, estimating that GPS sales will increase in 2010 by up to 10 percent, Financiarul daily writes on Monday.In 2009, approximately 60,000 GPS units were delivered on the local market, 40 percent less than in 2008, according to the estimates of the relevant market players. A market growth is more probable for 2010, contrary to the ...
Over 70% Of Romania’s Wine Production Isn’t Taxed
Tuesday, March 30, 2010
Over 70% of Romania’s annual wine production, or about 4 million hectoliters, isn’t taxed and goes to the black market and winemakers’ own consumption, Ovidiu Gheorghe, general manager of Romania’s winemakers association, told a news conference Monday."Romania's annual wine output is of 5.5 million hectoliters, but taxes are paid for only 1.5 million hectoliters. The rest is self-consumption and the black market," Gheorghe said. He said the Government should only exempt individual ...
Romanian Tourism Minister Pleads For Complete Privatization Of Tourism, Better Services
Tuesday, March 30, 2010
Romanian Regional Development and Tourism Minister Elena Udrea said Friday that hotels on the Romanian coastline apply prices similar to those in Greece, but the quality of services is not at the same level, while Bulgaria offer smaller prices."At the Romanian Tourism Fair I saw that Bulgarians have lower prices compared to those applied in Romania. We are somewhere around Greece and Turkey when it comes to prices, but the services offered cannot be compared. Here, the services provided fail ...
Luxury Fashion Retailers Armani, Zilli To Enter Romanian Market In 2010
Tuesday, March 23, 2010
Luxury fashion brands Emporio Armani and Zilli will enter the Romanian market this year, through franchise agreements, while Hermes and Burberry stores might be opened in 2011, according to Oliver Petcu, general manager of consultancy firm CPP Management Consultants.The first mono-brand Emporio Armani store will be opened end-2010 by Alsa Boutique that owns several luxurious franchises in Romania, respectively Max Mara, Marela, La Perla, Mariella Burani, Ermenegildo Zegna and Pal ...
Trains programmed to have a delay of two years in 2010
Tuesday, March 23, 2010
Passenger trains in Romania are programmed to be two years and four months late this year, The average delay assumed by CFR for passenger trains is at least 1.9 minutes for every 100 km covered by a train. According to quality and performance indicators on the functioning of railway infrastructure in 2010, related to the whole distance to be covered by all passenger trains, there is a total delay of 1.22 million minutes which means 20,361 hours or 848 days, according to Money.ro.This delay ...
Niki Air plans to ship up to 150,000 passengers in Romania, in first year
Tuesday, March 23, 2010
Niki Airlines company owned by former Formula 1 champion Niki Lauda plans to transport between 100,000 and 150,000 passengers during its first year on the Romanian market, Lauda announced on Tuesday March 16.The Company, in February this year started operating six weekly Bucharest-Vienna flights from the Otopeni Airport, and it plans to ship up to 150,000 passengers over the route, during its first operation year in Romania. Vienna is a transfer point for southeastern Europe, with ...