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Commission launches infringement procedures against ROMANIA regarding retail trade of agricultural and food products

Tuesday, February 21, 2017

The Commission decided today to send letters of formal notice to Hungary and Romania on the grounds that their national rules on retail of agricultural and food products run against EU law. In Hungary, a new law obliges retailers to apply the same profit margins to domestic and imported agricultural and food products, despite the fact that the cost of imported products is ...

Real estate: Tallest building in Romania to be erected in Timisoara

Tuesday, February 21, 2017

Works on the tallest building in Romania (155 m) will start in Timisoara, this spring, as part of the multifunctional project Openville. According to a press release issued by Iulius Mall Timisoara on Thursday, Iulius company will start works for three class A office buildings with a total area of 73,000 sq.m in spring. Among them there will be the tallest building in Romania, of 155 metres. The buildings will be part of the ...

50% of real estate transactions still occur through First Home Program

Tuesday, February 21, 2017

Real estate developers welcome the recent decision of the Executive to supplement with 175.5 million lei the guarantees for First Home in 2017, after the Government announced, at the end of January, a possible reduction of 15% of the ceiling for the granted guarantees compared to the last year, a statement sent to ACTMedia by Conlux Development reads. First Home Program remains the real estate engine having a significant 9% share in GDP. ...

Agriculture: Gov't approved 531.870 million lei in 2016 financial aid for vegetable farmers

Tuesday, February 21, 2017

The Romanian Government has approved the allocation of 531.870 million lei in 2016 financial aid for the country's vegetable farmers, for which 681,000 such farmers are expected to qualify. The approval came as on Thursday the Government set the size and ceiling of the relevant transitional national ...

Romania sharply decreased imports of soybean meal

Tuesday, February 21, 2017

During September-November 2016/17 Romania sharply decreased imports of soybean meal due to higher own crop of oilseeds in 2016, UkrAgroConsult notes. Total production of oilseeds rose in average by 16% compared to 2015. Thus, over the reporting ...

Telecom.IT :  Blockchain technology, a real basis for future public policies - experts

Tuesday, February 21, 2017

 Blockchain technology, considered by IT experts a real basis for future public policies, represents one of the most important concepts that will mark the next four years, according to the experts of Cisco ...

Infrastructure : The three fastest growing airports in Europe are în Romania

Tuesday, February 21, 2017

The three fastest growing airports in Europe are all inRomania, led by the little-known city of Oradea in the north-west of the country, which experienced nearly 500 per cent growth in 2016, telegraph.co.uk ...

Wizz Air ups frequency on three Romanian routes to London

Tuesday, February 21, 2017

Hungarian low-cost airline Wizz Air said on Thursday it will increase the frequency of flights from the Romanian cities of Suceava, Constanta and Iasi to London starting June 18, seenews.com informs. "Frequencies on some of WIZZ’s most popular routes will also increase with the arrival of the new aircraft: Suceava will run five times per week, Constanta four times per week and Iasi flights will operate daily," Wizz Air said in a press ...

Cars: New passenger car registrations in Romania rise 22% in Jan - ACEA

Tuesday, February 21, 2017

New passenger car registrations in Romania increased 21.7% to 7,059 last year, provisional data from the European Automobile Manufacturers' Association, ACEA, indicated on Thursda, seenews.com reads. Romanian car maker Dacia's sales in the EU increased by 9.5% year-on-year, reaching 33,183 units in January, ACEA said in a statement. Dacia's market share decreased to 2.8% in January compared to 2.9% in the same period of last ...

Second hand cars registered in the first month of 2017 is 7,708 units

Tuesday, February 21, 2017

The number of second hand cars registered in the first month of 2017 is 7,708 units, a significant decrease of 53.20pct compared to the same period in 2016, when 16,471 units were registered, shows the statistic of the Directorate for Driving Licenses and Vehicle Registration ...

Healthcare: Romania ranks last in EU for health expenses

Tuesday, February 21, 2017

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Romania is the EU state which allocates the lowest GDP percentage (5.1% in 2014) for health. Sweden, France, Germany and the Netherlands are at the opposite pole allocating 11% of GDP in 2014, Eurostat data published on Wednesday show. Bulgaria allocated in 2014 8.5% of GDP for health, the Czech Republic 7.6%, Hungary 7.2% and Poland 6.3%. Romania ranks last when it comes to per capita expenses for health, with 388 euros in ...

Healthcare: Romanian private healthcare network MedLife buys local peer Anima

Tuesday, February 14, 2017

Romanian privately-owned medical services provider MedLife [BSE: M] said on Monday it has acquired local healthcare services provider Anima for an undisclosed sum, seenews.com reports. MedLife has acquired Anima in order to consolidate its leading position, becoming the only player in Romania with two stratified brands on the market of outpatient care services and corporate subscription and occupational medicine, it said in a filing to the Bucharest ...

Infrastructure: Romania lost close to EUR 1 bln worth of EU funds on transport under 2007-2013 budget

Tuesday, February 14, 2017

Romania lost the most European funds during 2007-2013 period in the Operational Sectorial Transport Program, business-review.eu informs. The public authorities were not able to attract EUR 973.1 million just in this segment, according to official data. On the second place is the Environment Operational Sectorial program with EUR 946.6 million and on the third place is the Operational Sectorial Human Resources Development program (POSDRU) with around ...

Cars: In 2016, compared to 2015, the new registrations of cars increased by 19.4%

Tuesday, February 14, 2017

In Quarter IV 2016, the new registrations of road vehicles for passenger transport increased by 6.0 % compared to Quarter IV 2015. In Quarter IV 2016, the new registrations of vehicles for goods transport ...

9,480 vehicles newly registered în the first month of 2017

Tuesday, February 14, 2017

 The first month of 2017 saw 9,480 vehicles newly registered in Romania, an increase by 14.18pct compared to the same period of the previous year, most of the registrations being recorded on cars, namely 7,059 units, shows the data of the Directorate for Driving Licenses and Vehicle Registration ...

National fleet advanced 6.21 pct in 2016 from the year before

Tuesday, February 14, 2017

 Romania's national fleet advanced 6.21 pct in 2016 from the year before to more than 7 million vehicles of which over 1.25 million registered in Bucharest, shows data of the Driving Licenses and Vehicle Registration Department ...

Telecom. IT : More than 3.66 million mobile and fixed telephony changed service providers since 2008

Tuesday, February 14, 2017

More than 3.66 million mobile and fixed telephony customers have switched service providers since 2008, the year the portability service was rolled out, shows a statistical report of the National Communications Administration and Regulation Authority (ANCOM) released on Thursday. According to ANCOM, of this total 3,010,150 are mobile phone customers (accounting for ...

One third of Romanian Internet users provided, in 2016, online personal data

Tuesday, February 14, 2017

About one third of Romanian Internet users (31 pct) provided, in 2016, online personal data, half the registered average at the level of the European Union (UE), which stands at 71 pct, reveal the results of a study, released publicly on ...

iSense Solutions Study: 10 pct of Romanians watching online video content pay for it

Tuesday, February 14, 2017

Only 10 percent of the Romanians that watch video online content pay for it, shows a study conducted by the research company iSense Solutions, for the media agency Initiative, business-review.eu reads. According to the data gathered for every device, only 8 percent of the people that are watching video online content on the smartphone pay for it, a similar percentage being for the laptop/PC, while in the case of the smart TV the openness for this type ...

Agriculture: RNP-Romsilva : the volume of illegally felled timber from the state owned woods dropped with over 16% in 2016

Tuesday, February 14, 2017

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The volume of illegal timber felling from the state owned woods administered by the National Department of Forests (RNP) – Romsilva dropped in 2016 with 16.27% against the previous year down to 47,788 cubic metres, announced RNP in a press release. Comparative data show that in 2015 the volume of illegally felled timber from the woods administered by RNP Romsilva was of 57,080 cubic metres. According to the quoted source, ...

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