Ploiesti being the capital of all oil-related activities in Romania and one of the most important centers of petrochemical technology
With the help of Prahova Chamber of Commerce and Industry (CCIPH) and its President Aurelian Gogulescu
we have conducted an analysis of Prahova economy
with a focus on the advantages attracting companies in this area
Currently, 4 refineries operate in Romania – Petrobrazi, Vega, Petrotel-Lukoil and Petromidia, of which the first 3 are within the municipality of Ploiesti. Also, the Petroleum-Gas University
the only one with this profile in South-Eastern Europe
In Prahova there are 24,250 active companies registered with the Trade Register
most of them (41.14%) activating in the industrial sector
The surface of the county is 4,716 km2 (2% of the country’s surface)
which leads to a density of 169 inhabitants/km2
Prahova having 2 cities (Ploiesti and Campina)
The oil industry accounts for 22% of the economic activity of the county and 65% of the turnover of the industrial sector
The 772 companies in the field have a total turnover of RON 11.9 billion (EUR 2.53 billion)
obtained with the 15,000 employees (10% of the employees of companies)
According to the President of Prahova Chamber of Commerce and Industry
“Prahova ranked among the top three counties at national level in terms of value of the Gross Domestic Product
our county is among the top 10 counties of Romania in terms of contribution to national export
even if not at the same level as in the past years
at a time when the issue of energy security at national
European and global level overlaps an economic and financial situation that many characterize as being on the verge of a new crisis”
In a ranking of the counties of Romania according to the value of the Gross Domestic Product
Prahova is the third county after Constanta and Cluj
“Another important challenge is the labour force crisis
CCI Prahova has organized in the last two years a number of actions to identify solutions
together with all the factors involved or the impacted companies
The immediate solution to diminish the effects of this crisis is import of workforce
to which many Prahova-based companies have already resorted,” Aurelian Gogulescu explains
The main arguments that attract foreign investors in the oil industry in Prahova County are:
In Prahova there are 5 industrial parks with public administration: Ploiesti Industrial Park (with 4 locations – Ploiesti
Barcanesti Industrial Park (Administrator: Prahova County Council)
Prahova Industrial Park (Administrator: Valenii de Munte Local Council) and 5 industrial parks with private administration: Allianso Business Park
the exports made by the companies from Prahova County totaled EUR 2.43 billion
which represents 3.5% of Romania’s exports (EUR 67.73 billion)
accounting for 4.6% of Romania’s import (EUR 82.86 billion)
The main partners of Prahova County for the export activity were: Italy (19%)
the United Kingdom (6.2%) and the Republic of Moldova (4.7%)
The main products and services exported by Prahova-based oil companies were: oil
drilling equipment: offshore and onshore; valves
Other chemicals and petrochemicals were exported – car LPG
meta-bisulphite in the Republic of Moldova
Other export benchmarks are: heavy bearings (India
engineering services in the oil and gas industry – design
technical studies in the field of oil and natural gas
All of the above make us believe that the oil industry has a good future in Romania
and Prahova will continue to be ‘the Capital of black gold’
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Justice Minister Radu Marinescu met on Monday with World Bank representatives in Romania for talks on the portfolio of investment projects in the judiciary for the present and the next five years
the Justice Ministry said in a release.According to the said document
judiciary investments for the next period consist of three main projects
which will be carried out with WB support.The first is the Judicial Services Improvement Project
which so far has seen contracts signed for approximately the entire value of the financing agreement
specifically some 59.025 million euros of the 60 million euros (98.37%)
As much as 49.7 million euros (82.85%) have been effectively spent to date
and the rest of the previously contracted amounts will be spent by November 30
essentially for the continuation of works at the new headquarters of the Targu Neamt Court (current completion stage is 52%)
the continuation of the design of the headquarters of the Corabia and Calafat courts
as well as the continuation of the micro works required for the restoration of the LAN communication networks at 37 court headquarters
grouped in 6 lots.The contracts signed under the project "Consolidation of the bases for judicial services improvement" amount to a combined 0.37 million euros of the 100 million euros available (0.37%)
approximately 35 million euros are in the process of contracting (international public tenders in progress or in the phase of documentation preparation) and 0.02 million euros (0.02%) have been effectively spent to date.This project will enable the construction
the completion of micro works necessary for the restoration of the LAN communication networks at the headquarters of 93 courts throughout the country
the continuation of the design of Bucharest's Justice District
the archiving and digitization of the passive archive of the Bucharest Tribunal
and various support measures in the field of judicial and extrajudicial assistance
including the possibility of creating a new profession in Romania (the community paralegal)
by a similar model found in other European countries (the Netherlands
New Zealand).The Justice Ministry also refers to the preparation of the Justice District Project
which is in the stage of the feasibility study and the expropriation moves.To date
contracts have been signed for approximately the entire value of the financing agreement
in a cumulative amount of approximately 2.44 million US dollars out of the 2.5 million dollars available (97.58%)
of which 2.02 million US dollars (80.8%) have been effectively spent to date
the cited source shows."The funds were used over 2020 - 2024 for the full development and approval of the Feasibility Study (which accounts for 50% of the complete design documentation that will be used in the execution of the works)
and the draft Government Decision was also prepared for the approval of the technical and economic indicators and the initiation of the expropriation of the private properties in the area of the Justice District investment project," the Justice Ministry reports.The rest of the previously contracted amounts can be spent until November 30
2025 (with the possibility of a one-year extension)
notably for the effective conduct of the expropriation and for the restoration of the cadastral documentation and the post-expropriation land registers.There are also other priorities related to the Justice District
which will continue over 2025-2026 and which refer to the continuation of negotiations with the World Bank and the Council of Europe Development Bank
for the financing of the necessary civil works through a separate project and loan agreement estimated at a total 926 million euros
to which Romania's contribution of approximately 385 million euros will add
(Photo:https://www.just.ro/)
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Developed by Codecraftsman
will be a speaker at at the 6th edition of Business Review’s re:FOCUS on eCommerce
The conference is set to take place on February 9
at the Courtyard by Marriott Bucharest Floreasca
Adrian Urda will feature in the second panel of the day
Adrian Urda will explore important topics such as the growth of offline traffic and the development plans of his company in 2023 and the trend of new retail parks in small and medium cities across Romania
Another key feature that Cometex has been implementing in its developments is green energy and photovoltaic panels on rooftops for retail projects:
“Also, the green energy area will no longer be just a trend, it is a new way of doing things. All our new locations will have mandatory photovoltaic energy on the rooftops and electrical recharging stations, we are including them from the design stage.” Says Adrian Urda, CEO Cometex, developer of retail parks part of the Altex Group.
Join Adrian Urda, and an entire roster of key players in the industry, at re:FOCUS on eCommerce, Retail & Logistics 2023
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Lidl is consolidating its position on the Romanian market
but also in smaller towns like Calarasi or Valenii de Munte
The last two openings programmed for this year will take place on December 21
Each new Lidl unit carries out the company’s strategy of offering Romanians the best quality, locally sourced and reasonably priced products every day.
All the stores open by Lidl in 2017 are aligned with the sustainable development goals to which the retailer has committed through its social responsibility platform Pentru un viitor mai bun (For a better future)
and has brought us even closer to our clients throughout the country
We’ve tried to anticipate their needs and expectations not only through the products we put on our shelves
but also by building several special stores
optimised after the particularities of the areas they were built in
we’ve also opened units built after an updated design concept
which is aimed at improving our clients’ shopping experience and creating a work environment that responds to our employees’ needs”
Lidl has also started work on its fifth logistics centre in 2017, in Codrun, close to the city of Roman, which will ensure the supply for Lidl’s network in the Moldova area.
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