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Agriculture : European Commission & European Investment Bank launch EUR 1 billion loans package for young farmers in Europe

Tuesday, May 7, 2019

The European Commission and the European Investment Bank (EIB) have launched a loans package of EUR 1 billion that specifically targets young farmers, based on the finding that in 2017, 27 percent of the loan applications submitted to banks by young farmers in the EU were rejected, compared to only 9 percent for other farms, the EC said in a statement. The package, announced on Monday by Agriculture commissioner Phil Hogan ...

Tourism: Over 2.4 million tourists participated in actions organized by travel agencies in 2018

Tuesday, April 30, 2019

The total number of tourists participating in tourist actions organized in 2018 by tour operator travel agencies  and by travel agencies with sales activity was 2.422 millions. 77.4% of them participated in actions organized by tour operators, according to data centralized by the National Statistics Institute. The largest part of Romanian tourists preferred to go abroad. For the outgoing activity, Romanian tourists who benefited from tourist activities organized by tour ...

Infrastructure: PorrConstruct will double Mogosoaia – Balotesti railway to Otopeni Airport

Tuesday, April 30, 2019

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CFR SA national company  and Porr Construct SRL signed the contract for doubling the railway between Mogosoaia and Balotesti for Otopeni Airport, with a value of 50.5 million lei, to be carried out in 17 months, CFR announced. According to the source, financing will come from funds of the state budget. “The investment will last 17 months and includes two stages, the elaboration of the technical project and execution of railway infrastructure and superstructure on a ...

Real estate : Housing prices in Romania similar to those of 2010

Tuesday, April 30, 2019

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In the first quarter of 2019, residential properties in Romania went up by 0.8%, compared to the last three months of 2018, and reached a level similar to that of 2010. Botosani was the town with the highest prices in the first three months, according to the latest market report made by Imobiliare.ro and released last Monday. The latest data published by Eurostat and the National Statistics Institute (INS) show that in the fourth quarter of 2018, there was an annual housing price ...

Healthcare: Corin Cretu, Commissioner for Regional Development, warns Romania could lose the European funds for regional hospitals

Tuesday, April 30, 2019

Although the social agenda and political promises have included the building of regional hospitals for years, Romania could lose the European funds for these objectives because the Government failed to do its job, European Commissioner for Regional Development Corina Cretu said on Tuesday. Cretu stressed that the achievements include only the location and the feasibility studies. “There are projects for regional hospitals, in four years all it was achieved was to set ...

Romanian government to allow patients’ copayment to private medical services providers

Tuesday, April 30, 2019

The Romanian government prepares to allow copayment of patients to private medical services providers, a measure that could boost private health services market in the country. An emergency decree project will be discussed on Wednesday by the government on the copayment of patients to private medical services  “Health insured persons who choose to benefit from some medical services provided by private providers concluding contracts with health insurance houses ...

Telecom. IT : Bucharest to get free Wi-Fi in public spaces

Tuesday, April 30, 2019

The Bucharest City Hall announced that citizens will be able to access free wireless internet in public spaces through the WiFi4EU programme, which uses non-reimbursable funding from the European Union. The project was approved unanimously by the General Council. “Through this programme’s implementation, people living in Bucharest will have free access to WiFi in public spaces like parks, public squares, public buildings, libraries, museums, etc., as the European ...

Eurostat: Bulgaria and Romania, the first in the EU to the percentage of girls studying ITC

Tuesday, April 30, 2019

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About 1.3 million people were studying Information and Communication Technologies (ICT) in the European Union (EU) in 2016. Girls and women were largely in a minority, accounting for only 17 % of all ICT students. Across the EU Member States, their share ranged from less than 10 % in Netherlands (6%) and Belgium (8 %) to over 30 % in Bulgaria (33 %) and Romania (31 %), Eurostat informs . Only 8 Member States have a share of at least 20% of girls and ...

Agriculture : Surplus of 135.2 mln euro in international grain trade

Tuesday, April 30, 2019

Romania recorded a surplus of 135.2 million euro in international trade in grains in January 2019, with exports amounting to 170.4 million euro and imports to 35.2 million euro, according to data centralized by the National Institute of Statistics (INS).Grain exports rose by 7.7pct in the first month of this year, while imports increased by 102pct.According to the INS data, maize exports totaled 86.326 million euro, and wheat and meslin exports stood at 77.732 million ...

Tourism : Bucharest will have four new hotels

Tuesday, April 23, 2019

Four new hotels will be finalized this year in Bucharest following an investment of EUR 50 million by Cumulus, the full-service architecture office. The hotels’ construction meant two years of work by 5 senior partners and 15 architects in the company. The total number of new rooms available will be over 800. The four hotels developed by Apex Alliance are Courtyard by Marriott (4 stars), the first hotel of the Courtyard by Marriott ...

Conde Nast Traveller: Transylvania among the top holiday destinations for 2019

Tuesday, April 23, 2019

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Conde Nast Traveller platform has chosen several destinations for the tourist in 2019, including places in Tahiti, Greece, India, Scotland and Egypt, among them is also Transylvania, Romania. The destination is presented under the title Transylvania, Romania: A corner of Romania steeped in folklore and superlative beauty and is described as “the rural region of Romania known for its Gothic myths and dark fairytales. Its very name means ...

Real Estate: In Romania, CTP to expand its industrial parks by 200,000 sqm in 2019

Tuesday, April 23, 2019

Logistic and industrial park developer CTP has exceeded 1 million sqm in leasable surface in Romania and continues its expansion, planning to add another 200,000 sqm to its local portfolio, economica.net reports. In 2018, the developer delivered over 300,000 sqm of logistic spaces and reached 50 ...

Healthcare: World Class to open its first health & fitness club in Bra?ov

Tuesday, April 23, 2019

World Class announces a strategic expansion to a new major city with World Class Afi Brasov. Starting in 2020, the largest health & fitness network in Romania will cover 7 metropolitan areas: Bucharest, Iasi, Timisoara, Cluj, Brasov, Constanta and Ploiesti, with over 40 health & fitness centers, 85,000 members and a team of more than 700 health and fitness experts. “Our presence in Brasov, voted in 2018 as the best Romanian city to live ...

Cars: Motor vehicles and motorcycles trade turnover up 5 pct in January-February

Tuesday, April 23, 2019

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Motor vehicles and motorcycles trade turnover increased by 5 per cent in the first two months of the year 2019 against the same period in 2018, while turnover for market services provided to the population advanced by 16.5 per cent, according to data published on Monday by the National Institute of Statistics (INS).Thus, in the said interval, the turnover of retail, maintenance and repair of motor vehicles and motorcycles, gross series, increased by 5 per cent, ...

Romania's new automotive sales up 6.3 pct in Q1

Tuesday, April 23, 2019

Romania's new automotive sales were up 6.3 pct in Q1 2019 compared to the same period last year, standing at 38,253 units, the Association of Automotive Manufacturers and Importers (APIA) said in release on Tuesday.The market analysis shows that domestic sales are further mainly supported by legal entities that account for 72 pct of the total car purchases in the first three months of 2019.Romania's flagship car maker Dacia tops the brand ranking (cars ...

Telecom. IT: Bitdefender: Romania, most affected worldwide by the computer threat of the moment

Tuesday, April 23, 2019

Bitdefender IT Security Specialists have discovered an aggressive computer threat that hides on the infected device and has access to all personal data. Called Scranos, the threat is rapidly spreading globally, with extremely intense activity in Romania, India, Brazil, France, Italy and Indonesia. Scranos infects the user’s device both through legally apparent applications, such as e-readers, video players, drivers, or even security solutions, as ...

Romania to cap prices of calls to EEA countries as from May 15

Tuesday, April 23, 2019

Fixed and mobile calls made from Romania to any country within the European Economic Area (the EU countries, plus Norway, Iceland and Liechtenstein) will not exceed 0.19 euro (excluding VAT) per minute, or 0.06 euro for a text message starting May 15, 2019, Romania's National Communications Regulation and Administration Authority (ANCOM) reported on Monday.The reasons behind the caps are found in Regulation (EU) 2018/1971 of the European Parliament and of the ...

Agriculture: The quantity of cow’s milk collected by processing units in February 2019

Tuesday, April 16, 2019

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in February 2019 decreased by 5.1% compared to January 2019 and was up 7.2% from February 2018. The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in the 1.I-28.II.2019 period rose by 6.4% compared to the 1.I-28.II.2018 period. ...

Infrastructure: TAROM inaugurates direct Bucharest-Erevan flight and resumes Bucharest-Cairo flight

Tuesday, April 16, 2019

TAROM company inaugurated the Bucharest- Erevan flight and resumes Bucharest-Cairo flight, TAROM spokesperson informs. Bucharest Cairo and Bucharest-Erevan flights are operated with two frequencies a week, on  Wednesday and Sunday and Wednesday and Friday. For a round trip between Bucharest and Cairo, prices start from 193 euro. The price includes hand luggage, cargo luggage  up to 23 kg and all fees, catering services ...

New terminal to be built at Henri Coanda airport

Tuesday, April 16, 2019

Henri Coanda Airport (Otopeni) will complete all the expropriations for a new terminal this year, and the works will start next year, said Dragoa Titea, State Secretary at the Ministry of Transport, present at Aviation Day conference. Asked by journalists what measures are taken to reduce airline delays, he replied: “Even though studies show that delays have increased, I can tell you that there has been a lot of investment in Romanian airports, ...

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