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Dacia reports 10,000,000th vehicle made since inception
Tuesday, May 3, 2022
An urban gray Duster SL Extreme vehicle on last Wednesday became the 10 millionth vehicle produced under the Dacia brand, according to the carmaker.The anniversary vehicle has left the general assembly line of the Mioveni Vehicle Plant to join the Dacia collection of historical models.The first Dacia vehicle manufactured at the Mioveni Plant dates back to August 20, 1968, and, as a result of co-operation with Renault that began in 1966, production ...
Real Estate: Report: The largest number of homes under construction in Bucharest in history
Tuesday, April 19, 2022
Over 27,000 homes are under construction at this moment in Bucharest and its surrounding according to a report released by real estate consultant SVN Romania. This is the largest number of dwellings under construction in the region in the modern history of the local residential market. Of the homes under construction, approximately 21,000 dwellings could be delivered in ...
Telecom. IT : ANCOM : We hope to organise the bid for 5G in September - October
Tuesday, April 19, 2022
The National Authority for Management and Regulation in Communications (ANCOM) hopes to organize the bid for 5G in September – October, stated Vlad Stoica, chairman of the institution, during the Cybersecurity Forum, organized by Financial Intelligence.‘As you know, we are having discussion for the organisation of the 5G bid. We hope to have it in September – October. We ...
Romania's economy digital component is over 20 pct of GDP
Tuesday, April 19, 2022
The digital economy is an important component in Romania's economy, being estimated at over 20 pct of the Gross Domestic Product, Oleg Roibu, vice-president of the Romanian Association of Online Stores (ARMO), said on Wednesday at a specialized conference."We are convinced that the digital economy and the role that the digital transition will have in the accelerated development of Romania represent extremely complex themes that require a constant dialogue ...
Agriculture: The minimum gross basic salary in the agricultural field will be at least 3.000 lei per month
Tuesday, April 19, 2022
The plenum of the Chamber of Deputies adopted, last week, with 269 votes “in favor”, 10 “against” and six abstentions, the draft law assumed by the ruling coalition, which stipulates that the minimum gross salary in the agricultural field is at least 3.000 lei per month. The bill is part of the package of measures “support for Romania” presented by coalition leaders on Monday and goes for ...
USDA expects Romania's corn output 12% above long-term average
Tuesday, April 19, 2022
Romania's corn production is estimated at 13.7 mln tonnes for the marketing year 2021/22, up 0.3 mln or 2% compared to the previous forecast issued last month and 27% above the poor crop in the previous marketing year, when farmers harvested only 8 million tonnes, according to the latest forecast from the US Department of Agriculture (USDA) quoted ...
Agri Ministry will back table grape industry with 3 mln euro
Tuesday, April 19, 2022
Romania will allocate a total of 15 million lei ($3.3 million/3 million euro) in subsidies to stimulate the production of table grapes by self-employed farmers and farming enterprises, the Agriculture Ministry said on Thursday. To be eligible, farms must have an area of at least 1,000 sq m and up to 10 hectares cultivated with table grape varieties, and must yield at least 6,000 kg of table grapes per ...
The grain exports hit records in farming year 2021-2022
Tuesday, April 19, 2022
The record cereal crops harvested last year resulted in robust exports, as shown by the official data for the period July 2021 - January 2022 reviewed ...
Infrastructure: Gov't to invest 200 million lei in Constanta Port railway transport infrastructure
Tuesday, April 19, 2022
The government approves 200 million lei in investment to make operational the railway transport infrastructure of the Constanta Port, according to Prime Minister Nicolae Ciuca."We have discussed the measures we have taken so that the port of Constanta can increase everything related to its operating infrastructure. In that infrastructure, the railway component plays a very important role. We have identified the necessary funds and, thus, under today's ...
Blue Air company opens new base in Iasi, operating flights towards 11 new destinations
Tuesday, April 19, 2022
The representatives of Blue Air operator have announced on Wednesday that they are opening up a a new base at northeastern Iasi International Airport, the fourth in Romania, placing two aircraft and operating flights towards 11 new destinations.The number of routes operated by Blue Air, the largest ultra low-cost airline in Romania, will reach 13.According to the company representatives, the new base in Iasi will carry out 46 flights per ...
Commissioner Valean: Integrated approach for infrastructure needs, mobility and logistics in Bucharest, absolutely neccesary
Tuesday, April 19, 2022
Bucharest needs to raise its comfort and prosperity level to match that of other European capitals, and on the transport side, an integrated approach of infrastructure, mobility and logistics needs is absolutely necessary, the European Commissioner for Transport, Adina Valean, declared on last Friday."Infrastructure, not only transport, in general, but looking towards matters tied to transportation, an integrated approach, of both ...
Maramures International Airport wants to finance construction of new passenger terminal through POIM
Tuesday, April 19, 2022
The Maramures International Airport has submitted, at the beginning of this month, a financing request (through POIM) for the construction of a new passenger terminal, the estimated value of the project being 138.12 million RON, the Minister of Transport, Sorin Grindenau, announced."An example of good practice at the Maramures County Council! Regardless of political color, it is important to support the projects that develop local communities! The Maramures ...
Tourism : Romania records largest decrease in incoming tourism in European Union
Tuesday, April 19, 2022
Romania has had in the last two years the largest decrease in incoming tourism in the European Union, being almost zero at the level of 2020, the president of the National Association of Tourism Agencies (ANAT), Dumitru Luca, said on Thursday."In Romania there are about 2,200 certified agencies, and about 300 are members of our association, but they are also the most representative, cumulating about 85 pct of the tourism agencies market. Out of all these ...
Healthcare: KeysFin Estimates: The Romanian Private Health Care Services, Record Level In 2021
Tuesday, April 19, 2022
The turnover of the Romanian private medical services market rose by 11% compared to 2019 and exceeded the 2011 level by 312%, reaching lei 15.4 billion in 2020, according to the latest KeyFin analysis. For 2021 KeyFin analysts estimate lei 17 billion threshold to be exceeded, due to the testing process and the increased demand for private services, in the context of re-directing efforts of public hospitals to treating ...
Cars: Domestic sales of Dacia's Spring electric model hit 5,000 units
Tuesday, April 19, 2022
Domestic sales of Dacia car manufacturer's Spring electric model reached 5,000 units, the carmaker announced in release."A Bucharester became the owner of the 5,000th Dacia Spring car sold on the Romanian market. The model painted in Lightning Silver was purchased through the Rabla Plus national fleet renewal program. Ever since its commercial release Dacia Spring has established itself as the undisputed leader on the Romanian electric vehicle market, ...
Trade of motor vehicles two months into 2022 grows by 11.7pct
Tuesday, April 19, 2022
Trade of motor vehicles and motorcycles in Romania increased in unadjusted terms by 11.7% in the first two months, y-o-y, in volume, while turnover in market services for the population were up 30.8% in volume in unadjusted terms, according to data published on Friday by the National Institute of Statistics (INS).The INS data also show that the total turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, unadjusted ...
Cars: New vehicle registrations in Romania advance 40.6pct in March 2022
Tuesday, April 12, 2022
As many as 10,902 new vehicles were registered in Romania in March, up 40.6% from 7,753 registered in the same month in 2021, according to the Association of Manufacturers and Importers of Automobiles (APIA).After a significant development in the first two months, March 2022 witnessed a 34.9% increase in vehicle registrations y-o-y, after four months of decrease in late 2021.On the local market, the top 10 brand chart, plus commercial ...
Healthcar: UMF Iuliu Hatieganu, only medical university in Romania included in QS World University Rankings
Tuesday, April 12, 2022
Iuliu Hatieganu University of Medicine and Pharmacy (UMF) in Cluj-Napoca is the only higher education institution in medicine and pharmacy in Romania that is included in the QS World University Rankings by Subject 2022 ranking."Iuliu Hatieganu University of Medicine and Pharmacy in Cluj-Napoca has been named one of the best universities in the world, according to the new edition of the QS World University Rankings by Subject 2022. UMF Iuliu Hatieganu ranks ...
Trade: Tobacco products generated over 1 billion EUR positive contribution to Romania’s trade balance
Tuesday, April 12, 2022
According to the latest data published by the National Institute of Statistics, the total value of exported processed tobacco products, such as cigarettes and tobacco heating products consumables, was 1.34 billion EUR in 2021, representing almost half of the total exports in the food, beverages and tobacco category. BAT Romania, the local tobacco market leader, exports about 60% of the volumes produced in Ploie?ti, where ...
Retail sales grew faster in Romania than in the EU in February
Tuesday, April 12, 2022
Since early 2020, EU Member States have been taking restrictive measures to slow down the spread of the COVID-19 pandemic. This didn’t stop in 2021, when ...