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Trade: Cora starts home deliveries in December

Tuesday, November 25, 2014


Cora hypermarket network which owns coradrive.ro service in Lujerului store will start home deliveries in December, after having signed a partnership with TNT Romania delivery service. Next year it will launch delivery services in Cora Pantelimon and Cora Sun Plaza.   A year after the launch, coradrive.ro will extend services by offering the on-line order option with home delivery. The service will be available in Bucharest ...

H&M launches online store in Romania next year

Tuesday, November 25, 2014


The Swedish fashion retailer Hennes & Mauritz (H&M), which owns 37 stores in Romania will launch next year an online store in Romania, the company informs.H&M will also launch online stores in Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal and Slovakia.   In the first 9 months of the on going fiscal year, December 2013- August 2014, H&M Romania sales grew by 39% to 864 million Swedish crowns ...

Baby Food Packaging in Romania - New Study Released

Tuesday, November 25, 2014

 Baby food continues to be an underdeveloped category in Romania, with this situation being fuelled by the government policy to provide free milk formula for babies who need additional feeding to breastfeeding. The main engine for growth is represented by affluent urban families, those who are able to purchase supplementary baby food or to even renounce the state-provided formula. Last but not least, the weak growth rates in baby food are also due to paediatricians? ...

Agriculture: 13 billion euros from the European funds for agriculture and rural development

Tuesday, November 25, 2014

Romania drew almost 13 billion euros from the European funds for agriculture and rural development, which represent 80.7 per cent from the amounts allotted in the period 2007 - 2013, the Agriculture Ministry announced on Wednesday in a ...

The exports of agri-foodstuffs up 11.4 percent from Jan.-Aug. of 2013

Tuesday, November 25, 2014

Romania has gone on a new commercial surplus after the eight months of this year, with the exports of agri-foodstuffs totalling 3.27 billion euros, up 11.4 percent from Jan.-Aug. of 2013, Minister of Agriculture and Rural Development Daniel Constantin told on Wednesday. "The balance of trade in agri-foodstuffs will be positive ...

Infrastructure: Romanian-Italian association will modernize Bucharest-Adunatii Copaceni road for 95 million lei

Tuesday, November 25, 2014

CNADNR will pay 94.4 million lei, VAT included, to a Romanian-Italian association for the modernization of a section of 11.6 km of National Road 5, Bucharest-Adunatii Copaceni. The initial contract signed with Romstrade was cancelled two years ago.   There was a tender opened by the association Eurogen Aninoasa branch - Aleandri- Beozzo Costruzioni- Smart Building Project.The total value of the contract is 76.1 million lei, ...

Over 260 million euro from the Cohesion Fund for building motorways

Tuesday, November 25, 2014

The European Commission on Wednesday decided to supplement the funds allocated to Romania for building motorways by over 260 million euros from the Cohesion Fund, informs a European Commission press release. The European Commission has decided to cover the building costs of two motorway sections in Romania, initially funded by the ...

Telecom.IT : Romanian software and IT services market worth one billion euros

Tuesday, November 25, 2014


Romania counts on a software and IT services market worth one billion euros, with 80,000 programmers and engineers employed, Software and Services Industry Owners Association (ANIS) chair Andrei Pitis claimed at a press conference on Wednesday. 'There are 80,000 programmers and software engineers in Romania at present. The figure is ...

Healthcare: Personalized treatment for cancer patients in a European-funded project

Tuesday, November 25, 2014

Personalized treatment for cancer patients has become available in a project implemented by the Victor Babes National Institute, financed from European funds, in a campaign launched by the European Commission Representation in Romania and the Council of the European Union. The PersoTHER project began in 2010; it got funds ...

The Government has adopted the National Strategy for Health for 2014-2020

Tuesday, November 25, 2014

The Government has adopted in its Tuesday session a decision approving the National Strategy for Health for 2014-2020 and the Action Plan for the 2014-2020 period for implementing the National Strategy, said the Executive's spokesperson, Corneliu Calota, at the Government ...

Cars : Car sales grew by 25% in 10 months while production dropped by 4%

Tuesday, November 25, 2014


New car sales grew by 25% in the first 10 months of the year, to 83,116 units, while local production dropped by 4.1% to 329,405 units, according to Automotive Manufacturers and Importers Association ( APIA ) data. Compared to September, car deliveries went up by 4.2% in October, while production increased by 19,%, APIA shows. New car sales grew by 24.2% in the first 10 months, to the previous month.   Exports advanced by ...

Exclusiv cars sales totaled 87 units over the first 10 months of 2014

Tuesday, November 25, 2014

Lexus, Lancia, Maserati, Ferrari and Lamborghini lead the top of exclusive new cars registered in Romania over the first 10 months of 2014; their sales totaled 87 units, according to data of the Driving Licences and Car Registration Directorate (DRPICV) of the Interior Ministry .The figures were as follows: 44 new Lexus cars, down 16.98 ...

Dacia cars sales ecorded a significant rise in Europe

Tuesday, November 25, 2014


 Sales of Romanian-made Dacia cars recorded a significant rise in Europe (EU plus EFTA) over Jan.-Oct. 2014, with the domestic carmaker's market share expanding to 2.8 percent from 2.3 percent, according to statistic figures made public by the Association of European Automobile Manufacturers Association (ACEA) on Tuesday. Dacia ...

Romania's car market recorded, last month, a 31.3% growth

Tuesday, November 25, 2014

Car sales in the European Union and EFTA countries recorded, in October, the 14th consecutive month of growth as the recovery of the Eurozone's economy encouraged consumers to purchase new models, according to the European Automobile Manufacturer's Association /ACEA/, Reuters reports. Romania's car market recorded, last month, a ...

Tourism : Ibis Romania receives 9 pct more tourists in first 9 months of the year

Tuesday, November 25, 2014

Ibis Romania hotel chain, part of international group Accor, recorded an occupancy rate of 66 percent in the first nine months of the year and 136,000 overnight stays booked, up 9 percent compared to the same period last year.   Ibis operates four 3-star hotels in Romania: two in Bucharest and one in Constanta and Sibiu. Out of the total overnight stays sold in Romania, 71.5 percent were booked for ...

Infrastructure : Trans-Carpathian motorways to be ready by 2018

Tuesday, November 18, 2014


Transport Minister Ioan Rus promises his ministry will extensively deal with trans-Carpathian motorways over the coming years, to provide strong links between the Romanian provinces by the centenary of the country's union, in ...

Tourism : Hotel owners are looking to turn Bucharest Romania into a winter destination

Tuesday, November 18, 2014

Hotel owners are looking to turn Bucharest into a winter destination, according to the Romanian Tourism Owners Federation (FPTR) quoted by Mediafax. “The target is to reach, within five years, 50,000 tourists in December, coming especially for these programs,” said Dragos Raducan, the vice-president of the Romanian Tourism Owners ...

Bulgaria, Romania To Attract Asian Tourists With Joint Efforts

Tuesday, November 18, 2014

Bulgaria and Romania will develop joint tourist projects to attract more tourists from China, Japan and India, said Bulgaria's Tourism Minister Nikolina Angelkova after a meeting with Florin-Nicolae ...

Telecom .IT: China Electronics to sell 50,000 phones in Romania in 2014

Tuesday, November 18, 2014


China Electronics Corporation (CEC), one of the largests Chinese manufacturers of telecom equipment, which bought Philips' mobile phone division in 2007, will exceed the threshold of 50,000 smartphones sold in Romania by the end of 2014 and aims to double its market share in 2015, according to local paper Ziarul Financiar citing Radu Ionescu, a distribution representative for Philips mobile phones in Romania.   The company ...

AgriMin: agriculture will have a much better contribution to the GDP

Tuesday, November 18, 2014

Agriculture will have a much better contribution to the Gross Domestic Product and to the economic growth of Romania, since the farm production this year will be higher than in 2013 and in the third quarter there is a record in terms of the trade in agri-foodstuffs, Minister of Agriculture and Rural Development Daniel Constantin told ...

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Tuesday, November 25, 2014

Financial & Banking

Monday, November 24, 2014


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Wednesday, November 19, 2014

Energy & Environment

Thursday, November 20, 2014