Monthly Archives June 2013

Private labels have gained ground at an accelerated pace in recent years, coming to account for 12 percent of the total value of the consumer goods market, compared to 2% in 2007, shows a GfK survey sent to Agerpres. The number of households that bought at least once a private label from any retail format has reached the maximum as early as in 2011 – with more than 9 out of 10 Romanian households having bought private labels. The increase compared to 2011 was 3%, with the market share advancing from 9% to 12%. Thus, whereas so far the segment
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Romanian and Bulgarian PMs, Commissioner Hahn attending The Calafat-Vidin bridge, the second across the Danube to connect Romania and Bulgaria, was inaugurated today in the presence of Prime Minister Victor Ponta, his Bulgarian counterpart Plamen Oresharski and European Commissioner for Regional Policy Johannes Hahn. The ribbon was cut by the Romanian and Bulgarian constructors who participated in building the cable-stayed bridge. Two children wearing traditional costumes – the boy in Bulgarian folk garments, the girl – in Romanian national clothing, held the ribbon in the colors of the flags of Romania, Bulgaria and the European Union. The only other bridge
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Prime Minister Victor Ponta said, during the inauguration of the works of construction of the laser project at Magurele, that this is a historic project and he wishes, in the coming years, to see here an area that is exceptionally developed, a true “Laser Valley”. The Prime Minister expressed his belief that many foreign researchers are to come to work on this “absolutely special” project, together with Romanians. “There are many things to do in order for this project to be completed and to develop. Things can happen in Romania that we did not think possible. Yes, we can have
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Minister Delegate for Infrastructure Projects of National Interest and Foreign Investments, Dan Sova, had a meeting with a group of Austrian investors interested in projects to be developed under a public-private partnership (PPP) in Romania. According to a release of the Department for Infrastructure Projects of National Interest and Foreign Investments (DPIIS), the Austrian delegation was made up of representatives of a group operating internationally specialized in financial services and of a company interested in developing projects under a public-private partnership in the field of healthcare. Dan Sova presented to the Austrian delegation the projects that are about to be
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Austerity measures are a must when, as a result of political mistakes or out of political demagoguery, a government destroys a country’s macroeconomic balance, but the big concern now is the social problem generated by the crisis, specifically unemployment, President Traian Basescu declared in Bratislava. “One thing that seemed extremely important to me is that we all agreed that we are now in a post-crisis situation and that we need to find solutions for growth. I find it is highly important to make this point about the crisis, austerity, growth, and job creation. The theory emerged lately at European level
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A student of the Radu Greceanu National College, in Slatina (southwestern Romania) Adrian Vulpe- Grigorasi winner, in May of the second prize of an international contest for projects on the development of an international space station organized by NASA wants to achieve a robotic arm controlled by brain waves. Adrian Vulpe Grigorasi, a 11 form student, told Agerpres that although in May he had won two prizes in international informatics contests, he wants to stay and study in Romania, and attend the Military Technical Academy, and go on developing his projects. He also won the gold medal in InfoMatrix international
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Over 220 million euros are set aside for investing in upgrading the Danube – Black Sea canal and the Poarta Alba – Midia Navodari canal, according to a decision passed by the Government. ‘This investment objective will facilitate access to a viable long-term transport system for nearly 350,000 inhabitants. At the same time, a larger capacity of the locks as well as reduced maintenance and repair costs will bring about a cut in lock fees as well, thus stimulating transport on the canal,’ the Government explains in a press release. The total value of the investment is put at 1.022
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Foreign Affairs Minister Titus Corlatean, who had a meeting with Minister Delegate for European Affairs Thierry Repetin, in Paris, highlighted that the Republic of Moldova was the most performing among the Eastern Partnership countries. ‘The dialogue provided an opinion exchange on the European Neighbourhood policy, the two Ministers evoking the progress of the states within the Eastern Partnership on the association agreements and underscored the importance of reaching some ambitious results within the summit of Vilnius this autumn. Minister Corlatean highlighted that the Republic of Moldova was the most performing among EaP countries, the meeting of Vilnius representing a great
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Agerpres special correspondent Victoria Vioara reports: The government will keep the corporate flat tax at 16% in the coming years, Prime Minister Victor Ponta announced, yet without shutting out a possible reconsideration of the tax system for individuals. “The tax rate has always been 16% for companies. Yesterday (on Monday), at Deutsche Bank, I said that a 16% tax rate is set forth under the political agreement between the coalition partners and that it would be preserved in the years to come because they (the investors – Ed. note) work out their business plans for several years and it is
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Romania’s Prime Minister Victor Ponta, national leader of the Social Democratic Party (PSD), major in the ruling Social Liberal Union (USL), on Sunday met former British Prime Minister Tony Blair, who visited Bucharest after a previous visit in 2012. Ponta posted on his Facebook page several pictures of him and Blair in an album called ‘Special meeting with Tony Blair.’ After a meeting at the headquarters of PSD, Ponta and Blair walked to a restaurant, where, Ponta says, Blair enjoyed Romanian food. Ponta says discussing with somebody who was prime minister for ten years was an extraordinary opportunity. ‘On the
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