Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

Agriculture : Romania to keep single area payment scheme through 2020

Tuesday, July 29, 2014

Romania intends to maintain the single area payment scheme (SAPS) from the European Agricultural Guarantee Fund (EAGF) up to and including 2020; meanwhile, it has to draw up a blacklist of beneficiaries excluded from these payments, officials of the Ministry of Agriculture and Rural Development pointed out at consultations with the farmers on last Tuesday.According to a media release of the ministry, Minister Daniel Constantin and state secretaries Daniel Botanoiu ...

AgriMin Constantin: 9.3 billion euro to go towards integration of agricultural production

Tuesday, July 29, 2014

140729094643images.jpeg

Minister of Agriculture and Rural Development Daniel Constantin has stated on Friday during a press conference in Alba Iulia (northwest of Bucharest), that 9.3 billion euro, European and state budget funds, are to go towards integration of agricultural production.'My concern is not only to export the grain, the maize, they are the champions of exports, but to integrate production. That is why the next 9.3 billion euro coming from European and state budget funds on ...

Freshly established AGROALIMENT National Consortium holds first meeting

Tuesday, July 29, 2014

The operators of the agri-food sector have recently established the AGROALIMENT National Consortium, at the initiative of the non-governmental organisations with activities in the area, which are represented in the European bodies and in the consultative groups of the European Commission, Consortium President Sorin Minea announced on Friday.The AGROALIMENT National Consortium held its first meeting on July 24, when the leadership was ...

Romanian Cotnari Tamaioasa wins Grand Gold Medal in world competition

Tuesday, July 29, 2014

140729094908mselec_tama_2005_450x800.jpg

Romania's winemaker Cotnari SA has won a grand gold medal at the International Wine Championship in Quebec, Canada, for its Romanian Tamaioasa, Cotnari SA manager Constantin Deleanu said Monday. He said two more gold medals went to Chateau Cotnari vintage 2012 and Grasa de Cotnari 1992, while Grasa de Cotnari 2005 won a silver medal at this ...

Tourism : Techirghiol Spa and Sanatorium (Constanta), refurbished, modernised and operating at full capacity

Tuesday, July 29, 2014

140729095849harta_techirghiol_1.jpg

The Techirghiol Spa and Sanatorium (SBRT), which in June 2014 celebrated its 115th anniversary, is an oasis of hope for body and mind wellness where more than 14,000 patients a year come. The beneficial health effects of the stimulating local climate, of sapropel, of water rich in chlorine, sodium and iodine as well as the professionalism of the medical staff make the sanatorium, which has a capacity of ...

The number of cruising tourists in Romania will increase by approximately 20% in 2014

Tuesday, July 29, 2014

140729095022cruise_ship_tourism.jpg

  The number of cruising tourists coming to Romania will record an increase of approximately 20% in 2014 and one of the factors contributing to this evolution is the unfavourable political context in Ukraine, according to a press release of the Association for the Promotion and Development of tourism Sea Side – Danube ...

Telecom.IT: Romania continues to make progress in achieving European Digital Agenda targets

Tuesday, July 29, 2014

Romania has continued to make progress in achieving the objectives of the European Digital Agenda (DAE) in 2012/2013, a report released on Tuesday by the European Commission referring to the telecommunications market in the EU and the current regulations shows. The fixed broadband coverage in Romania is 90 percent. It grew by 18.9 percent, a level still below the 29.9 percent average in EU. The number of fixed broadband lines exceeded 3.79 million in January 2014, ...

European Funds Ministry wants to purchase software services for 3.2 mln lei

Tuesday, July 29, 2014

The European Funds Ministry (MFE) wants to purchase support services for the IBM software products used by the MySMIS application, for over 3.241 million lei, reads a call posted on e-auction.ro. 'The objective of the acquisition is to provide the necessary support for the IBM software products held by the MFE so that SMIS-NSRF MySMIS application thus operate smoothly and with high availability, until October 31, 2015. The facilities offered by the requested ...

Cars: Romanians buy second hand cars at average price of 3,500 euro

Tuesday, July 29, 2014

The Romanians purchase second hand cars at an average price of 3,500 euro, dropping after the economic crisis from 6,000 euro, said Mihai Cune, business manager at Autovit.ro, the largest online platform for automobile advertising, part of Naspers group.According to Cune, the average purchase price in 2013 was 3,500 euro and for 2014 it is estimated at a similar ...

Real Estate: CBRE: Real estate investments up by 222 pct in H1

Tuesday, July 29, 2014

Some EUR 402.4 million was invested in Romania in the first semester of this year in real estate transactions totaling more than 630,000 sqm, according to a CBRE report. This was up by 222 percent compared to the first semester of last year and by 17 percent over the entire volume reported in 2013. The market has also seen an increased diversity in ...

Market of office space transactions in Bucharest up 27 pct in H1

Tuesday, July 29, 2014

140729095742office_space.jpg

The market of office space transactions in Bucharest rose by 27 percent in the first half of 2014, compared to the same period of 2013, up to a total volume of 132,009 square meters, shows an analysis of ESOP Consulting.The engine of the market was the relocation segment, which advanced by 61 percent as against the segment of contract renewals having moved 33 percent down.'The office rental market maintains the dynamism of the last two years also in ...

Prologis leases out nearly 520,000 sqm of industrial spaces in Central and Eastern Europe, in Q2 2014

Tuesday, July 29, 2014

Prologis has leased out in Q2 2014 nearly 520,000 square meters in Central and Eastern Europe (CEE), on the rise by 86% compared to the same period in 2013, informs the developer of industrial real estate spaces. The transactions in Poland accounted for over 57% of all lease contracts signed in the region. This lease activity included a number of new contracts for a total area of 157,000 square meters, renewal ...

Demand on Bucharest's real estate market, up 20% in July, (analysis)

Tuesday, July 29, 2014

The demand on the real estate market rose by 20% in July, due to the decrease in the prices of housing, the news on the exhaustion of the 'First Home' programme's funds, the low interest rates paid by banks and the statements by Romania's Central Bank governor on the risk of a new housing bubble, shows an analysis of the website Imobiliare.NET.The highest increase was recorded in terms of two-room flats, ...

Infrastructure: Transport sector represents highest risk of loss on EU funds

Tuesday, July 29, 2014

The EU Funds Minister Eugen Teodorovici on Monday said that the transport sector represented the highest risk of European funds loss in Romania.'The transport sector is the sector representing the highest risk of loss on European funds both because contracts on very high amounts were signed and because of the well-known problems of the past few years. The people in Transports in charge of these projects [European Rail Traffic Management System (ERTMS)] should ...

New flights to Bari, from Timisoara, Cluj-Napoca, by WizzAir

Tuesday, July 29, 2014

Low-cost airline WizzAir is expanding its network in Romania, as it is to operate two new weekly flights from Timisoara and Cluj-Napoca to Bari, Italy, as of November 1, 2014 and March 14, 2015 respectively. 'We are confident that our passengers in Romania will be delighted to visit the Adriatic Sea and the province of Bari, whilst Italians may discover the regions of Romania by traveling on a new Airbus A320 to enjoy affordable holidays,' said Daniel de Carvalho, ...

Romania to get 7.2 bl euros from EU for road and rail infrastructure by 2020

Tuesday, July 29, 2014

Romania is going to receive 7.2 billion euros from the European Union (EU) by 2020 for its road and rail infrastructure, Transport Minister Ioan Rus told the Realitatea TV private television broadcaster on Thursday evening.He said that Romania is going to receive 1.2 billion euros from the EU by 2015 for its road and railway infrastructure, to which 300 million euros will add in co-financing from the state budget.The overall amount spent on motorways ...

More than 3.7 million passengers through Bucharest airports in six months

Tuesday, July 29, 2014

More than 3.7 million passengers transited the two airports of Bucharest over the first half of 2014. The figure is 7 percent up year-on-year, while the number of airplanes also advanced 4 percent, the Bucharest Airports National Company informed in a release on Wednesday.June set a record with 800,993 passengers, up nearly 11 percent compared to the same months of 2013; also in June, 10 ...

Healthcare: Health Ministry attaching special attention to transplantation medicine

Tuesday, July 22, 2014

Health Minister Nicolae Banicioiu is hailing the Association of Romanian Transplant Patients (ATR) and the National Transplantation Agency (ANT) marking Transplantation Day, saying that he attaches special attention to the transplantation activities.The Romanian Health Ministry has this year continued on a rising trend of identifying and caring for brain-dead organ donors recorded in 2013 (136), having so far found more than 75 ...

Health Ministry study: Romanian children have normal weights

Tuesday, July 22, 2014

Romanian children have normal weights, with the prevalence of overweight being slightly higher in girls than in boys and significantly higher in urban areas than in the countryside. These are the conclusions of a study conducted by the Health Ministry via the National Public Health Institute under the European Childhood Obesity Surveillance Initiative (COSI) project coordinated by the World Health Organization (WHO).'Child ...

Agriculture : Romanian Tamaioasa wins gold and silver at Muscat competition in France

Tuesday, July 22, 2014

The Tamaioasa Romaneasca - Domeniul Coroanei Segarcea vintage 2013 wine has won a gold and a silver medal at the world competition of Muscat wines called 'Muscats du Monde', the world's Muscat wines, held early this July in southern France.At the same competition, where 23 countries ran, Tamaioasa Romaneasca Zestrea - Murfatlar Romania vintage 2011 won a silver medal, according to data posted on the www.muscats-du-monde.com ...

Premium News

Daily

Tuesday, July 29, 2014

Financial & Banking

Monday, July 28, 2014

Economic

Tuesday, July 29, 2014

Companies

Wednesday, July 23, 2014

Energy & Environment

Thursday, July 24, 2014