DEVELOPMENT
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Development Ministry Wants To Increase EU Fund Absorption Rate To 30% In 2012
The Romanian Regional Development Ministry wants to contract all funds allotted by the European Union and reach a 30% fund absorption rate in 2012, Development Minister Cristian Petrescu sai...
Vlad, Selgros: There Are Three Romanias - Villages, Cities And Bucharest
Alexandru Vlad, the chief executive of the local operations of cash&carry retailer Selgros, a EUR766 million business, says that Romania is divided into three distinct "countries," each of t...
Distributor: The Construction Equipment Market Doubles In 2011, But Abrupt Rises Are Not Healthy
The start of new infrastructure projects and the fact that increasingly more constructors are using EU funds to buy equipment fueled a doubling of the construction equipment market in 2011,...
Development Ministry To Hold New Auction For Road Upgrade In NE Romania
The Romanian Development Ministry has published a new auction announcement to award a contract worth 360.4 million lei (EUR83 million), VAT excluded, to upgrade roads in Suceava county, nort...
Development Ministry Auctions Off Water Supply, Sewage Works Worth RON285M
Romania’s Regional Development Ministry has launched an open auction to award a contract for the design and construction of 39 sewage and water purification systems and 60 water supply syste...
Romanian Tourism Development Projects To Consider Multiannual Programs
Romanian tourism promotion and development projects will be carried out starting next year based on multiannual programs drawn up by the Regional Development and Tourism Ministry, the instit...
Romania To Implement Development Pilot Program Trageting Three Tourist Destinations
The Romanian Regional Development Ministry will implement an integrated urban development pilot program to modernize spa towns Borsec and Baile Herculane and Sulina, the ministry said Wednes...
Development Ministry, Authorities In Deva Sign Four Contracts Worth RON37M
Romanian Development Ministry state secretary Razvan Murgeanu and Deva mayor Mircia Muntean on Friday signed four financing contracts worth about 37 million lei (EUR8.52 million) through reg...
Parliament Adopts Development Ministry’s 2012 Budget
The Romanian Parliament on Tuesday adopted with 170 to 71 votes the 2012 budget of the Ministry of Regional Development and Tourism.