Campaigning intensified Saturday ahead of Romania’s presidential election with incumbent Traian Basescu attacking the opposition and the media in his bid for a second term. While his Social-Democrat opponent Mircea Geoana is offering more investment to beat recession Basescu is pledging to cut spending ahead of the vote on Sunday November 22. „I will not abandon the fight against parliament and the media moguls. I want a second term,” Basescu told thousands of supporters gathered in Cluj 600 kilometres (370 miles) northwest of Bucharest).
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Romanian deal tops landmark year for JSR
JSR Genetics, the UK’s leading pig genetic specialists, has made another major advance into the key Eastern European market. Agro Expert of Cluj Napoca, Romania has been signed to distribute JSR’s superior genetics to pig producers throughout the country.
Read MoreBlackburn Rovers should look at Cluj for new striker
If Blackburn Rovers are still looking for a target man in January, should Franco Di Santo return to Chelsea, might I point them in the direction of a young chap from Cluj. Not the most obvious of places to look, granted, but if you’re searching for a 19-year-old, 6ft 6in forward who has pace, finishing skills and the ability to hold the ball up and win headers as a lone striker, he seems to be the fellow.
Read MorePrices of old two-room apartments continue to fall
The average calling price asked by sellers for a two-room apartment situated in the blocks built before the Revolution, in the main cities of Romania, fell slightly in October, by 2-4,5%, a trend that will continue into the next period, too, according to a survey of imobiliare.ro.In the Capital, in October, the average calling price asked by sellers for a two-room apartment situated in the blocks built before the Revolution fell 2%, from 70,414 euros to 69,284 euros. By mid-month, prices fell below the threshold of 69,000 euros, but the trend was relatively upward in the last decade. In districts such as Drumul Taberei or Military, calling prices for two-room apartments start at 42.000-43.000 euros, the offers being guaranteed by real estate agencies.
Read MoreBOC: 907 cases of A/H1N1 confirmed in Romania
As many as 907 cases of infection with A/H1N1 influenza virus were recorded in Romania by Monday, at noon, with 352 people still being under treatment, the interim Premier Emil Boc informed. The other 655 people infected have already finished treatment, currently being out of danger.
Read MoreCFR Cluj in first place in League I
Former champions CFR Cluj are the new leaders of League I after matches on week-end.
Read MoreBM: When holidays are a luxury
Less than three quarters of Romanians went on holiday this year, caution being the keyword, with increasingly more people deciding to give up their holiday altogether or cut the budgets allocated for it. The effervescent spending of the past few years, which saw bank clients borrow money to go on holiday is a thing of the past. Now, the tendency is to cut spending. As a result, only 57% of Romanians in urban areas decided to go on holiday this summer, reveals a survey conducted by market research company 360insights. Another 18% said they intended to go on holiday, but at a later time, in September-October. „Most people choose to travel within Romania, and the range of destinations is not very wide,” says Manuela Danila, Omnibus project manager at 360insights. As concerns those who did go on holiday, seven out of ten decided to spend it in Romania, while the preferred destinations for those travelling abroad were Greece, Italy, Bulgaria, Turkey and Spain. „I think during the winter holidays, a large number of tourists will remain in Romania, more than in other years,” believes Sorin Stoica, CEO of Eturia travel agency.
Read MorePolitical crisis puts Romania on a diet
The current political environment and the lack of a government to submit the 2010 budget to the Parliament has held back the completion of the program review of the International Monetary Fund and European Commission. International institutions have thus decided to put off the disbursement of the following tranches under the aid deal with Romania.
Read MoreShares of Banca Transilvania push the BET index up 2.53% on BSE at closing bell
The BET index on the Bucharest Stock Exchange (BSE) closed session with a 2.53 percent advance, underpinned by a spectacular increase of Banca Transilvania shares, which reached a new annual peak, while the five SIFs soared an average 2.6 percent, in line with the external markets.
Read More39 new AH1N1 cases registered this weekend in Romania
39 confirmed new AH1N1 cases were registered in Romania in the last 24 hours, Romanian Health ministry informs. The total number of cases confirmed in our country reached 882.
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