Reforms 2009 - 2012 Romanian Government 25th January 2012 1 SUMMARY I. Economic recovery track………………..…3 II. Reforms taken between 2009 – 2012.........67 III. Economic impact…………………….........90 IV. Short and medium term governmental priorities……………………………..........110 2 I. ECONOMIC RECOVERY TRACK 1. Where we started from? 2. Government’s vision in dealing with the economic and financial crisis 2.1 Avoiding major economic slippages 2.2 Measures to reduce the budgetary deficit 2.3 Measures to boost economic recovery 3 1. The Government had three major opponents in 2008 THE ECONOMIC CRISIS – the most severe in the last 60 years BUDGETARY DEFICIT of 5.7% (according to the European methodology) in the year with the highest economic growth (7.3%) that led the EU Commission to trigger the excessive deficit procedure. AN UNREFORMED STATE and UNREASONABLE DECISIONS of the Tariceanu Government, which undertook social spending on debt, without coverage: • 7 normative acts which approved salary increases in 2008 • increase of the pension point in 2008, from 581,3 RON to 697,5 RON. 4 2. Government's vision in dealing with the economic and financial crisis 2.1. Avoiding major economic slippages 2.2. Measures for reducing the budget deficit and for the recovery of public finances through a major effort of the Government, out of which : Two-thirds focused on improving and reducing public expenditure; One third focused on increasing the revenues. 2.3. Measures for relaunching a healthy economic growth and on the long run, at times of major accumulated macroeconomic imbalances that limited the fiscal space necessary for triggering the economic recovery. 5 2.1. Avoiding major economic slippages The general budget deficit would have been close to 10% of GDP in 2009 and to 14% of GDP in 2010 and 2011, in the absence of the austerity measures taken by the Government: 0 -2 -4 -6 2008 2009 2010 2011 -4.2 -5.7 -5.7 -7.3 -6.9 -8 -10 -12 -14 -16 -9.9 -13.7 -14 Current/estimated budgetary deficit (%GDP) Budgetary deficit without governmental measures (%GDP) 6 The Government Treasury received 8.15 bn. euro according to the stand - by agreement with IMF, European Commission and World Bank Total amounts drawn up to present: 17.94 bn. euro, out of which 11.94 bn. euro from IMF. 8,15 bn. 9.791 bn. euro euro 1 bn. euro World Bank European Union 5 bn. euro International Monetary Fund 2.151 bn. euro National Bank of Romania Ministry of Public Finance * There is another 1 bn. Euro from EBRD and EIB for investment projects in the private sector (no implication from the state) 7 The reduction of the gap between public and private sector average gross wage 2.500 2,217 Budgetary sector 2,223 2,185 2,067 2,117 1,988 2.000 Total economy 1,902 2,026 1,845 1,761 1,878 1,885 1,890 2010 2011 2012 1,745 1,654 Private sector 1.500 2008 *) 2009 Data refers to the statistics from the economic activities (aggregated by homogeneous activity) according to NACE REV2 in public administration, education, health and social care (including the private sector in education – around 3%, respectively in health and social care - around 5%) excluding the armed forces and persons assimilated (MApN, SRI, 8 MAI, etc.). Average net wage in the economy increased by 13% during 2008 – 2011 from 1,309 Ron to 1,478 Ron Average net wage in the economy during 2000-2012 (RON) 1.800 1.600 1,478* 1.400 1,309 1,540* 1,361 1,391 1.200 1,042 1.000 866 746 800 599 600 484 400 302 379 214 200 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 9 Source: National Forecast Commission, January 2012 *) forecasts of the National Forecast Commission Real wage growth slightly resumed in 2011 If there had not been the irresponsible decision of increasing wages without financial resources coverage in 2008, the actual government would not have been obliged to adopt the severe austerity measures to restore the economy. 10 Source: National Institute of Statistics *) Forecasts of the National Forecast Commission, January 2012 Adjusting the public expenditure: 2008 vs. 2012 - bn. Ron 50 45 40 35 45.6 40.3 39.8 36.1 38.1 32.6 30 25 20 15 10 5 0 Personnel expenditure 2010 Investment expenditure 2011 2012 11 Source: Ministry of Public Finances Romania came out of the economic recession GDP evolution in 2010 - 2011 - year-on-year basis, unadjusted series - forecast Quarterly GDP Annual GDP Source: National Forecast Commission, January 2012 12 GDP growth and budgetary deficit in 2009-2012 13 GDP/inhabitant increased by 10% during 2008-2011 35.000 Evolution of GDP/inhab. 2000-2012 (Ron) 30.000 27,870* 26,277* 23,935 25.000 23,341 24,383 19,315 20.000 15,968 15.000 13,363 11,413 9,084 10.000 6,975 5,263 5.000 3,610 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 14 Source: National Forecast Commission, January 2012 *) forecasts of the National Forecast Commission 2.2. Measures to reduce the budgetary deficit A. Measures to reduce the public expenditures 50% reduction of fuel consumption expenditure for public institutions and 20% spending reduction for goods and services remained to be executed in the second half of 2010. Reduction of 8,000 positions by reorganising institutions, public authorities and 120 governmental agencies. Prohibition to cumulate pension with salaries in the budgetary system, for individuals with pensions higher than the gross average salary per economy. 25% wage reduction in the public sector, 15% reduction of unemployment benefits and those for child raising. Improvement and reduction of the public expenditure Recalculation of the special pensions – the service and State military pensions – and their inclusion into the public pension system. 67 hospitals restructured Blocking the access to vacant positions and allowing the occupancy of 15% only of any positions that subsequently became vacant in the budgetary system. The pension point value freezing in 2010 and 2011 15 2.2. Measures to reduce the budgetary deficit B. Measures to increase the budgetary revenues Increasing the standard rate of VAT from 19% to 24%. Increasing the duty on tobacco, alcohol, petrol and gas oil. Increasing the social contributions percentage up to the January 2008 level Measures to increase the budgetary revenues Tax increase for individuals owning more buildings and for the means of transport with capacity displacement over 2000 cm³. Extension of the health insurance contribution of 5.5% for pensions higher than740 RON per month. Broadening tax basis by vouchers taxing and by increasing tax on interest and some local taxes. Increasing charges and tax collection by reducing tax evasion. 16 2.3. Measures to boost economic recovery A. Measures to save jobs and boost the absorption of the unemployed…..18 B. Fostering public investments……………………………………………..21 C. Fostering private investments……………………………………………22 a) b) D. E. F. G. H. Programmes to support industry and sustainable development………40 “Prima Casă” Programme………………………………………….……43 The programme to boost exports…………………………………….…..44 Measures to accelerate the absorption of EU funds……………….…....47 Diminishing the fiscal and administrative burden………………….…..50 a) b) c) d) I. J. Fostering private investments through state aids……………………………....22 Fostering private investments through state guarantees……………………….37 Simplifying and improving tax administration…………………………….…..51 Measures for supporting taxpayers in difficulty…………………………….…53 Tax incentives for the business environment and public institutions……….…55 Recent changing of the Accounting Law………………………………………56 Measures to fight fiscal evasion.................................................................57 Supporting the agriculture.........................................................................61 17 A. Measures to support firms that hire young, redundant and vulnerable people Temporary measures Regulation of technical unemployment by exempting the employers from paying social security contributions and social insurance, for a period not exceeding three months. The employee receives 75% of the basic salary for his/her job. Beneficiaries: 548,999 persons employed companies until 31st December 2010. and 13,459 Companies hiring unemployed persons are exempt from paying social security contributions. Beneficiaries: 6,072 persons employed and 3,625 companies until 31st December 2010. 18 A. Measures to support firms that hire young, redundant and vulnerable people (cont.) 1. Subsidies for companies hiring redundant people aged over 45 years or those that are single parents. The employers are exempted one year from paying unemployment social contributions for those persons employed on a permanent basis. Amount of the subsidy: 500 RON/month/employed person, for maximum 12 months. The employers are obliged to keep the employees in activity at least 2 years. 20,312 beneficiaries until 31st December 2011 (out of 14,650 estimated for 2011) 2. Subsidies for employers that hire redundant people who have 3 years until retirement Employers benefit monthly from a subsidy of 500 RON, for maximum 3 years. 266 beneficiaries until 31st December 2011 (out of 315 estimated for 2011) 3. Companies that hire persons with disabilities on a permanent basis benefit monthly from 500 RON, for 12 months. The employers are obliged to keep the employees in activity at least 2 years. 233 beneficiaries until 31st December 2011 19 A. Measures to support firms that hire young, redundant and vulnerable people (cont.) 4. Subsidies for employers that hire young graduates The employers are exempted one year from paying unemployment social contributions for those persons employed on a permanent basis. The subsidy period is 12 months (18 months for the graduates – persons with disabilities), and the monthly subsidy depends on the level of studies: • 500 RON for primary school and gymnasium; • 600 RON for secondary school and post-secondary school; • 750 RON for tertiary education . The employer is obliged to keep in activity the employer for another 2 years after the end of the subsidy period. 6,574 beneficiaries until 31st December 2011. Budget in 2011 for these 4 measures: 93.4 mil. RON. Fostering the apprenticeship and the young people employment during holidays. 250 RON/month for employers and the monthly value of the services for the theoretical training of the apprentice, not surpassing 100 RON/month. 250 RON/month for student/pupil employed during holidays, for at most 60 days. 947 youngs were employed during holiday until 31st December 2011. B. Fostering public investments Increasing the budgetary allocations for public investment: In 2008: 32.6 bn. Ron In 2011: 36.1 bn. Ron In 2012: 38.1 bn. Ron Romania ranks 1st in the EU, followed by Poland, with the highest share of public investments in GDP in 2010 (5.8%, respectively 5.6% GDP according to Eurostat revision in November 2011). The adoption of the Public-Private Partnership Law Advantages of PPP • Various sources of private financing for public projects. • Increased efficiency as a result of private management of projects. • Reducing costs for local and central administrations. C. Fostering private investments a) Fostering private investments through state aids Budget allotted for state aid in 2012: 850 mil. Ron I. First pillar: large investment projects 1. State aid scheme for sustainable economic development 2. State aid scheme for regional development Results of the state aid approved between 2009-2011: • 19 investment projects; • 4,433 new jobs; • approved state aid: 229.13 mil. euro. 1. State aid scheme for sustainable economic development Implementation period: 2009 – 2013 Total budget: 1 bn. euro Conditions to be fulfilled ◦ ◦ ◦ ◦ Investment of 5 - 10 mil. euro minimum 50 new jobs created Investment of 10 - 20 mil. euro minimum 100 new jobs created Investment of 20 - 30 mil. euro minimum 200 new jobs created Investment higher than 30 mil. euro minimum 300 new jobs created The amount of the state aid ◦ Investment in Bucharest–Ilfov region max. 40% of the eligible costs (no more than 22.5 mil. euro) ◦ Investment in the other regions max. 50% of the eligible costs (no more than 28.125 mil. euro) 18 beneficiaries between 2009-2011: Delphi Diesel Systems, Automobile DACIA, Premium Aerotec, LUFKIN Industries, REMAR, International Automotive Components, Toro, Rombat, Styria Arcuri, Gral Medical, Honeywell, Metale International, Altius International, Cord Romania, IPORO, Contitech, Aplast Glass. 23 2. State aid scheme for regional development Implementation period: 2008 – 2012 Total budget: 575 mil. euro Conditions to be fulfilled Investment of 100 mil. euro with eligible costs of 50 mil. euro minimum 500 new jobs created; Beneficiary contribution of at least 50% of eligible costs (not subject to another public aid). State aids exceeding 30 mil. euro for investments in Bucharest – Ilfov region or 37.5 mil. euro in other regions are individualy notified to the European Commission. 1 beneficiary: Turceni energy efficiency project. The investment amounts to 296,5 mil. euro, out of which 36 mil. euro represents state aid. 24 a) Fostering private investments through state aids (cont.) II. Second pillar: support for SMEs Mihail Kogălniceanu Programme for financing the SMEs Beneficiaries: out of 3,762 applicants until 25th of January 2012, 3,661 files were evaluated, 2,822 files were approved by AIPPIMM and 606 contracts were signed with the banks. Subsidy for maximum 70% of the interest rate, but no more than 6.5% per year. State guarantees for maximum 80% of the credit amount, but no more than 100,000 RON The Programme is implemented online to reduce bureaucracy. Total buget of the subsidies (2011-2013): 165 mil. RON • 2011: 24 mil. RON – 4,000 potential beneficiaries • 2012: 70 mil. RON – 13,000 potential beneficiaries • 2013: 71 mil. RON – 13,000 potential beneficiaries Total guarantee fund: 400 mil. RON. The credit line cannot surpass: 125,000 RON/year/beneficiary 30%, respectively 50% of the turnover on the last 12 months for the beneficiaries 25 having other credit lines, respectively the beneficiaries without other credit lines. Kogălniceanu Programme – scheme 26 a) Fostering private investments through state aids (cont.) “Minimis” state aid scheme Beneficiaries: the projects of 905 SMEs were approved during 2009-2011. The total payments amounted to 330.8 mil. RON. Support for women's entrepreneurship development in the SMEs sector through the multiannual national programme during 20052012 Budget allotted in 2011: 405,000 RON. 8 courses for entrepreneurial training : 295 women 8 informative seminars: 310 women Budget allotted in 2011: 500,000 RON. Credit for entrepreneur women – EximBank Credit line with interest rate subsidied for the SMEs that have women as major stakeholders or are managed by women that are also stakeholders. Interest rate: 5 points under the market interest rate (minimis aid) 27 Credit value: maximum 100,000 euro. a) Fostering private investments through state aids (cont.) III. Third pillar: microenterprises The “START” Programme for the development of entrepreneurial skills among young people and the facilitation of their access to financing The Programme is created for microenterprises active for less than 2 years. Grants of maximum 70% of the eligible expenses for the investment project, but no more than 100,000 RON / beneficiary. Budget allotted in 2011: 10 mil. RON (almost 30% higher than in 2010). 1st phase: 800,000 RON – workshops for entrepreneurial training (8 locations) 2nd phase: 9.2 mil. RON – financing business plans through grants within budget. Budget allotted in 2012: 10 mil. RON Beneficiaries: 100 companies (out of 416 aplicants) 28 a) Fostering private investments through state aids (cont.) The Programme for young entrepreneurs Grants up to 10,000 euro, but no more than 50% of the business plan’s value. Both the young who obtains the credit and the one cofinancing the business plan from own sources can benefit from the grant. The National Guarantee Fund provides guarantees for the loans needed for the business plan, covering 80% of the loan, but no more than 80,000 euro. The new employer is exempt from the payment of social security contributions for up to 4 employees, but he must employ at least two persons. 1,256 files submitted, out of which 807 files approved (the maximum limit was reached) – up to 11th October 2011. 29 Budget allotted in 2012: 21 mil. RON. Programme for young entrepreneurs – scheme 30 a) Fostering private investments through state aids (cont.) The National Multiannual Programme for the creation and development of technological and business incubators. Budget allotted and spent in 2010: 2.9 mil. RON (absorption rate: 100%). Budget allotted in 2011: 6.15 mil. RON, double as compared to 2010. 3 incubators created in 2006 Alba Iulia – 13 incubated firms (86 new jobs) Braşov – 17 incubated firms (37 new jobs) Sfântu Gheorghe – 17 incubated firms (48 new jobs) 2 incubators created in 2010 Tg-Mureş – 20 incubated firms Mangalia – 8 incubated firms 1 incubator created in 2011 up until now: Bacău 4 incubators by the end of 2011: Timişoara, Satu Mare, Câmpia Turzii, 31 Dorohoi. Other state aid schemes to boost private investment 1. Regional state aid scheme for capitalization of renewable energy resources 2. Horizontal state aid scheme for regional sustainable development and reduction of emissions 3. Regional state aid scheme “Financing initial investment in research, development and innovation” 4. State aid scheme „Financing RDI projects through Sectoral Operational Programme – Increase of Economic Competitiveness” 32 1. Regional state aid scheme for capitalization of renewable energy resources Implementation period: 2008 – 2013 Total budget: 200 mil. euro The amount of the state aid ◦ Investment in Bucharest–Ilfov region max. 40% of the eligible costs ◦ Investment in the other regions max. 50% of the eligible costs Beneficiary contribution of at least 30% of eligible costs (not subject to another public aid). Aid under present scheme is not awarded for investment projects with total expenditure exceeding 50 mil. Euro. Beneficiaries: 14, out of which 6 projects completed. 33 2. Horizontal state aid scheme for regional sustainable development and reduction of emissions Implementation period: 2008 – 2013 Total budget: 318.8 mil. euro • The amount of the state aid Investment in Bucharest–Ilfov region max. 40% of the eligible costs Investment in the other regions max. 50% of the eligible costs • Beneficiary contribution of at least 30% of eligible costs (not subject to another public aid). • Aid under present scheme is not awarded for investment projects with total expenditure exceeding 50 mil. euro. • Beneficiaries: 3 (2 energy efficiency projects and a sulphuration project). 34 3. Regional state aid scheme “Financing initial investment in research, development and innovation” Implementation period: 2008 – 2013 Total budget: 180 mil. euro • The amount of the state aid Investment in Bucharest–Ilfov region max. 40% of the eligible costs Investment in the other regions max. 50% of the eligible costs • Beneficiary contribution of at least 30% of eligible costs (not subject to another public aid). The scheme corresponds to the following operations in the Sectoral Operational Programme - “Increase of Economic Competitiveness”, priority Axis 2: Research, Technological Development and Innovation for Competitiveness: 2.3.2 Development of business R&D infrastructure and creation of new R&D jobs – 44 beneficiaries 35 2.3.3 Promoting innovation in enterprises – 43 beneficiaries 4. State aid scheme „Financing RDI projects by means of Sectoral Operational Programme – Increase of Economic Competitiveness” Implementation period: 2008 – 2013 Total budget: 300 mil. euro • The amount of the state aid industrial research: 50% experimental development: 25% activities within projects developed by young innovative enterprises: 100% for the period of time the beneficiary meets the conditions of young innovative enterprise, but not more than 1 mil. euro The scheme corresponds to the following operations in the Sectoral Operational Programme “Increase of Economic Competitiveness”, priority Axis 2: Research, Technological Development and Innovation for Competitiveness: 2.1.1 R&D projects in partnership between universities/ research institutes and enterprises – 29 beneficiaries 2.1.2 R&D projects (high scientific level) with foreign participation – 42 beneficiaries 36 b) Fostering private investments through state guarantees 1. Budget allotted in 2012: 10 bn. Ron (Ministry of Public Finances) 2. Support for SMEs through FNGCIMM • 2009-2011: o o 240,000 jobs were saved 1.35 bn. euro guarantees for supporting credits of over 2 bn. euro • 2012 (250 mil. Ron raise of the capital fund): o o 580 mil. euro for supporting credits of 1.1 bn. euro 100,000 jobs maintained and created 37 b) Fostering private investments through state guarantees (cont.) 3. Credit Guarantee Fund for Agriculture • • 2009-2011: 3,6 bn. Ron 2012: 1,6 bn. Ron 4. Guarantees through EximBank • • 2009-2011: 3.1 bn. Ron 2012: over 550 mil. Ron 5. Providing government guarantees of 80% of the loan for beneficiaries of projects financed from structural funds in priority areas for the Romanian economy, for maximum 4 years Beneficiaries: FNGCIMM issued guarantees that amount to approx. 19 mil. RON in 2010 for the implementation of investment projects of about 450 mil. RON. Total ceiling of guarantees that may be issued in 2011 amounts to 300 mil. euro. 38 D. Programmes to support the industry and the sustainable development The programme for the improvement of the industrial products competitiveness Eligibility criteria: no minimis aid in the last 2 fiscal years and in the current fiscal year that exceed 200,000 euro (equivalent in RON) together with the amount requested in the project. Funds allotted in 2011: 11.7 mil. RON Funds allotted in 2012: 19 mil. RON Submitted projects in 2011: 56, out of which 23 accepted Support for market traders and services development and modernization Programme through the Eligibility criteria: annual net turnover of max. 50 mil. euro / total assets not exceeding 43 mil. euro and up to 250 employees. Budget allotted in 2011: 7 mil. RON (40% higher than in 2010) Beneficiaries in 2011: 78 projects (out of 684 submitted products). Budget allotted in 2012: 7 mil. lei. 39 D. Programmes to support the industry and the sustainable development (cont.) “Rabla” Programme 2010 Beneficiaries • 189,323 used cars traded-in scrappage • 62,550 new cars purchased, out of which 25,263 Romanian cars Total funds: 722 mil. RON 2011 Beneficiaries (until 31st December 2011) • 116,641 cars taken from collectors • 39,216 new cars purchased, out of which 15,006 are Romanian cars. Total funds: 544.5 mil. RON, out of which 88.5 mil. RON payments for 2010 are from the budget allotted for 2011. 2012: The programme has not started yet. 40 D. Programmes to support the industry and the sustainable development (cont.) “Casa Verde” Programme – for individuals Potential beneficiaries: owner / co-owner of the property covered by the project and without outstanding obligations to the state budget. 2010 18,361 files submitted, out of which 16,146 files financed Budget: 110.7 mil. RON 2011 (session between 01.06.2011-15.07.2011) Number of files submitted: 23,938, worth 144.4 mil. RON Budget: 100 mil. RON The national multiannual programme for increasing the energy efficiency in residential buildings Potential beneficiaries: owners associations of residential buildings constructed after projects developed between 1950-1990 Budget allotted in 2011: 137.5 mil. RON. Budget allotted in 2012: 70 mil. RON Beneficiaries during 2010-2011: 29,000 flats. D. Programmes to support the industry and the sustainable development (cont.) The programme regarding the growth of energy production from renewables Eligibility criteria: • Legal entities with at least 6 months of economic activity at the date of presenting the financing file and at least a financial year ended. • Do not receive and will not receive funding from other public and/or European funds for the same eligible expenditures of the project, if the state aid intensity exceed 50%. Beneficiaries (9th January 2012): 76 ongoing projects, worth 1.3 bn. RON. “Buy Romanian” programme Aims at increasing the institutional capacity of Ministry of Economy to formulate, implement, coordinate and monitor public policies and boosting the Romanian economy. The funding (5.2 mil. RON) comes from European funds (Operational Programme Administrative Capacity Development). The programme duration: one year from the signing of the financing contract. 42 E. “Prima casă” programme has been improved Overall programme Prima Casă (1-4), until 31st December 2011: 55,106 guarantees, worth approx. 2.2 bn. euro. Prima Casă 4 (from 1st June 2011): Beneficiaries: every person who not owns a dwelling in exclusive property or with the husband / wife, no matter how and when it was acquired, or owns at most a dwelling in exclusive property or with husband / wife, acquired in any other way than through the Prima Casă Programme, having a surface area of maximum 50 sqm. The funders (banks) have the possibility to use a threshold level of 50% of the guarantees provided under the Prima Casă Programme, with a proportional sharing of risks and losses between the state and the funder. 43 F. The programme to boost exports Promoting the strategic sector for the Romanian export through advertising actions. ◦ Current sectoral brands: Romania, your reliable trade partner – industrial sector brand Zoom into Romanian Fashion – clothing sector brand România IT, creative talent, technical excellence – for the IT industry Wines of Romania – to promote wines Romanian furniture, style, durability and comfort – for furniture The information portal for foreign trade, www.portaldecomert.ro ◦ Provides information on business opportunities and is connected to the EU database. ◦ Over 50,000 visitors, one year after the launch. Financing the actions to promote exports: ◦ Budget: 36.4 mil. RON, used to partially or totally cover the costs of necessary 44 actions to promote exports. F. The programme to boost exports (cont.) Annual participation at approx. 55 international fairs and exhibitions ◦ ◦ ◦ ◦ ◦ Hannover Messe – for the industrial sector Cebit – for the IT sector Vinexpo – for wine exporters Koln – for furniture exporters Pret a Porter – for clothing sector Organizing trade missions to countries concerning the Romanian exporters. Providing market studies, based on proposals from the business environment. ◦ A minimis aid of 50% from the total expenses is granted to the service provider. 45 Exports are higher than in 2008, reaching record levels in Romania’s history Source: National Institute of Statistics *) forecasts of National Forecast Commission G. Measures to accelerate the absorption of EU funds Strengthening of the public procurement control in case of projects financed from structural instruments: determine the role and the functions of structures implied in monitoring public procurement, make these structures accountable and increase the efficiency of public procurement monitoring. Accelerating the audit procedures of expenses made by beneficiaries and the reimbursement procedures by management authorities: introduction of compliance by all management authorities to process a reimbursement demand within 45 working days. Increasing fairness in the management of structural and cohesion funds: approval of the Code of Conduct by the Government, in order to avoid incompatibility and interest conflicts situations in case of staff implied in the management of programs financed from EU funds. Ensuring a high level of transparency in fund management system development of the List of priority projects financed from structural and cohesion funds, which includes major importance projects for national social and economic development. 47 Contact pentru informaţii suplimentare: Dna. Antoaneta Popescu, 021.302.53.40, antoaneta.popescu@mfinante.ro, Direcţia Monitorizare, ACIS Major ongoing investment projects SOP Environment The rehabilitation and extension of the water and wastewater systems in Tulcea district – 498 million RON The extension and rehabilitation of the water supply and sewerage systems in Călăraşi district – 440 million RON Extension and rehabilitation of water supply and sewerage systems in Giurgiu district – 317 million RON A system of integrated waste management in Suceava district – 269 million RON The rehabilitation of the urban heating system in Botoşani (2009-2028) – 192 million RON SOP Transportation Building the Cernavodă – Constanţa highway – 1.8 billion RON Building the Arad - Timişoara highway (including the Arad detour) – 1.7 billion RON Building the Constanţa detour – 946 million RON Modernization of DN5, Bucharest - Adunații Copăceni area - 214 million RON Modernization of railway stations in Bistrița, Zalău - 125 million RON 48 Major ongoing investment projects (cont.) The Regional Operational Program Modernization of Dorobantilor Boulevard, Braila Town – 125 million RON Rehabilitation of county road DJ 108 A : DN 1F - Românaşi-Creaca-Jibou-Benesat, Salaj county - 102.7 million RON Rehabilitation of county road 252, Huruiesti - Gaiceana - Parancea - Bibiresti - Buhoci, Km 75+300 - 130+100, Bacau county – 98 million RON Rehabilitation of Vâlcea Emergency Hospital – 73.8 million RON Modernization of tram line route Manastur - Piata Garii in Cluj Napoca town – 76.8 million RON SOP Increasing Economic Competitiveness Integrated information system for electronic health file – 164.3 million RON Efficiency of energy consumption of SC Prefabricate Vest Patru SA – 105 million RON Competitiveness, extension, development – 96.8 million RON National electronic access to Scientific Research Literature – 93.3 million RON Institute of Research – Development – Innovation High Tech Products for sustainable development – 86.2 million RON 49 H. Diminishing the fiscal and administrative burden Despite the budgetary constraints, the flat tax rate of 16% was maintained. Until now, 237 of taxes and tariffs were reduced/unified, from 491 at the beginning of 2009. The minimum tax was eliminated starting from 1st October 2010. The Single Statement 112 regarding the social contributions and the record of insured persons was implemented from 1st January 2011. At present, the statement is filled in quarterly by small taxpayers, compared with previous monthly filling of the statement. Beneficiaries: aprox. 237,000 employers, persons and companies (with max. 3 employees and with a maximum turnover of 100,000 euro in the previous year) – 54.7% of those who fill the Single Statement. Flat tax rate of 1% on the hotel tax, irrespective of the accomodation category, compared to 1-5% according to the Local Councils decisions. Central and public administration debt has halved between June 2010 – November 2011, from 1,847 mil. RON to 937.2 mil. RON. Creation of the sole virtual portal One Stop Shop: www.immoss.ro 50 a) Simplification and improvement of fiscal administration • Declaration and payment of social security contributions (SSC) for individual taxpayers to a single institution, The National Agency for Fiscal Administration (ANAF), instead of 4 institutions. o The basis for the SSC calculation is the income declared, that cannot be lower than 35% of the gross average earning, nor higher than the equivalent of 5 times the gross average earning. o If the realized income is below the minimum specified, the taxpayer does not owe any social security contribution. o Budgetary impact: positive influence on estimated budgetary revenues of around 10 million in 2012 as a transitional year, with real growth opportunities in the coming years. 51 51 a) Simplification and improvement of fiscal administration (cont.) • The statement and the establishment of income tax based on standard income for the rental of rooms located in privately owned housing (whose accommodation capacity ranges from 1 to 5 rooms) for tourism). Licensing and registration as independent contractor (PFA) is no longer mandatory. • A safer and more efficient mechanism for tax collection, through: o The elimination of the requirement to declare one’s income from renting privately owned agricultural tools. o The settlement of the mechanism of tax collection by withholding at source and its payment by the lessee. • Advancing the deadline for payment of excise duty for the registered recipient, in order to avoid tax evasion, since the recipient does not benefit of duty suspension while holding the excisable goods. 52 52 b) Measures for supporting taxpayers in difficulty • Rescheduling the payment of the fiscal obligations for maximum 5 years. • Up to 30th of November 2011, 3,211 application for installment payments amounting to 2.3 bn. Ron were recorded, out of which 2,162 applications amounting to 996,5 mil. Ron were approved. Other 408 applications are about to be solved and 641 applications were rejected. • Incentives for the voluntary payments of outstanding debt obligation through: ◦ cancellation of delay penalties related to these on condition of voluntary payment of principal and interest rate until 31st December 2011. ◦ 50% reduction in penalties in the case of principal and interest rate payment until 30th June 2012. • Regulation of automatic compensation: the cancellation of state tax receivables and of the taxpayer’s tax receivables if both sides are simultaneously creditor and debtor. 53 b) Measures for supporting taxpayers in difficulty (cont.) • Reordering the payment of fiscal obligations: first fulfilling the principal fiscal obligations and the secondary fiscal obligations subsequently, in the order in which they were incurred. • In the fiscal certificate there will be written the debts of the taxpayer to the state and the debts of the state to the taxpayers, to provide taxpayers with the possibility to participate to public procurements auctions. • VAT collection at the preparation and acceptance of works situations, for services with successive offsetting or payments and elimination of the obligation to collect VAT at the expiration of 1 year from the date when the works began or from the last offset. • Reduction of interest rate level due for tax debts to the state budget, social security budget, not paid on time, from the 0.05% (18.25% annually) to 0.04% for each day of delay (14.6% annually). 54 54 c) Tax incentives for the business environment and public institutions • Introduction of fiscal rules for the taxpayers who apply the International Financial Reporting Standards (IFRS) o Taxation of income arising from the application of IFRS once they are used. o Deduction of the provisions of IFRS and of the additional provisions due to the prudential filters imposed by the National Bank of Romania (NBR). • Deductibility of 50% on fuel expenses when calculating income tax and corporation tax and on VAT on the purchase of road vehicles for the exclusive carriage of passengers and on the fuel necessary for the functioning of the said vehicles. • Introducing the possibility of opting either for a quarterly payment system or for an annual payment system of the income tax, with advance payments amounting to 25% of the income tax due for the previous year - from 1 January 2013. • Supporting civic activities: sponsorship expenditures are deducted from the corporation tax, up to 20% of corporation tax and 3 ‰ of the turnover. 55 55 d) Recent changing of the Accounting Law 2 specific objectives: reduction of costs for companies drawing up financial statements; reduction of bureaucracy in financial administration. We introduce a simplified accounting system for small businesses that meet two cumulative conditions: their assets and turnover are less than 35,000 euro: these companies will prepare 2 financial statements instead of 5; these companies do not report the balance sheet biannually, but the annual balance sheet only; the balance sheet and the profit and loss account will be elaborated in the simplified accounting system with a small number of components and a plan of 50 accounts instead of 400 accounts; accounting documents can be signed also by people with higher economic studies, not only by expert accountants, based on a civil convention. 349,000 companies (57% of the total active companies in the market) 56 are benefiting from these measures. 56 I. Measures for fighting fiscal evasion Extending the control of individuals through the implementation of indirect methods of control with a view to taxing the undeclared income or that income with unidentified source. Granting extended competences to tax inspection bodies. Implementing the control of electronic trading. Completion of the integrated border security customs system. Elimination of the illegal trade with cigarettes from the duty-free shops. Creation of the Register of intra-EU operators, comprising all the taxable and non-taxable legal persons who perform intra-EU operations. Development of IT trans-european systems, which exchange information between them, and which support customs functions in the “Electronic Customs” programme. 57 I. Measures for fighting fiscal evasion (cont.) Monitoring the movement of excise products under suspension. Romania was one of the first EU Member States to implement the computer system of surveillance and control of the flow of these products at intra – EU level. Revoking the liability for payment of VAT for the taxpayers not engaged in economic activities, not submitting VAT returns for a certain period or involved in acts of tax evasion. Transition to determining the annual net income in real system, for the taxpayers recording a gross annual income higher than the equivalent in RON of 100,000 euros in the previous fiscal year. Extending the application of reverse charge provided by Article 160 of the Tax Code for all categories of wastes specified in European Directive 2006/112/EC. 58 58 I. Measures for fighting fiscal evasion (cont.) Results obtained in 2011, by the tax inspection bodies, Garda Financiară and Autoritatea Naţională a Vămilor, following the 265,720 inspection and control actions: Supplimentary amounts determined: 9.188 bn. RON Value of established damages: 7.38 bn. RON Precautionary measures: 4.252 bn. RON The value of outstanding amounts from returns with negative amounts of VAT with refund option, presented by taxpayers, recorded a downward trend: from 3.382 mld. RON in December 2008 to 1.886 mld. RON in November 2011. The number of days which exceeds the legal term for processing the requests for reimbursement has been reduced, and is represented by the decreasing number of requests for reimbursement which exceeded the legal term of 90 days: from 1,814 requests in December 2008 to 985 requests in 59 November 2011. ANAF budget revenues increased by 5.7% in October 2011 ANAF collected budgetary revenues worth 15.1 bn. RON in October 2011. 10.9 bn. RON were collected at the state budget, which is 2.6% higher as compared to the same month of last year: o Profit tax receipts were 2.1 bn. RON. o Income tax receipts were 1.6 bn. RON. o VAT receipts were 4.6% lower, as a consequence of accelerated rise of VAT refunds. o Receipts from excise duties were 1.8 bn. RON. For the social security budgets, in October 2011 as compared to October 2010: o The revenues of the single national health insurance fund rose by 27.7%. o The state social insurance budget increased by 9.3% o The unemployment insurance budget increased by 14.2%. 60 60 J. Supporting the Agriculture „Primul siloz” Programme Beneficiaries: 663 certificates of deposit have been issued since 2009 until 13th January 2012; At the moment, 370 certificates are in circulation worth 509.8 mil. RON guaranteed by the Rural Credit Guarantee Fund, of the amounts allotted by the Ministry of Agriculture and Rural Development. The National Rural Development Programme (2nd pillar of the CAP) Projects completed until 20th January 2012: 2,432 Submitted projects: 96,821 worth 15.38 bn. euro. Selected projects : 48,394 worth over 4.8 bn. euro. Contracted projects: 46,255 worth approx. 4.2 bn. euro. Payments: 3.4 bn. euro (33% of the 2007-2013 allocation). For 2012: 15 sessions for the projects’ submission, with a total financial allocation of 1.5 bn. euro. 61 J. Supporting the Agriculture (cont.) Support for the agricultural producers in 2012: 14 bn. RON, out of which 5.9 bn. RON from European funds. Achievements within the 1st pillar of the Common Agricultural Policy in 2011: 99.7% of the farmers have submitted on-line applications for direct payments; an absorption rate of 99.76% of the European fund (EAGF) for direct payments, and of 100% of the European fund (EAGF) for market measures; payments of over 80% in the first three months of 2011, ensuring considerable sums for farmers at the beginning of the spring; advance payments from F.E.G.A. - SAPS 2011 of over 99% for 1,071 mil. farmers in the period 16 October – 31 November 2011, ensuring the funds available for farmers for the fall campaign; performance in Romania: a 9 month advance payment in the period 21-23 December 2011 for the amounts from NRDP Axis II (disadvantaged mountain area, agricultural-environmental measures) for 340,000 farmers; Total payments: 2.34 bn. Euro, out of which 1.43 bn. Euro from European 62 funds (EAGF + EAFRD); J. Supporting the Agriculture (cont.) Achievements within the 1st pillar of the Common Agricultural Policy in 2011: closure of the Action Plan in the relationship with the European Commission, which ensured the continuity of the APIA activity and of the payments from European funds for farmers; full internalization of the updating process of LPIS - Land Parcel Identification System, in partnership with the Ministry of Defense; completion with a 5 months advance of the on-site controls for the application of direct payments in 2011 campaign; an error rate below 5% for SAPS 2010, which ensured the reduction of the on-site control effort and the normal functioning of APIA in terms of regulations and procedure; an error rate of 2.7% for SAPS 2011, which puts APIA among the most efficient agencies in the EU as regards quality indicators. 63 Main financial support schemes 2011 Scheme Source Payment by unit Budget Beneficiaries Area Subsidy payments (/ha) EAGF (UE) 100.65 €/ha 877.3 mil. € 3.7 bn. RON 1.1 mil. farmers 8,716,370 ha National Budget 73.57 €/ha 454.3 mil. € (1.9 bn RON) 6,175,000 ha Subsidy for pig welfare National Budget 415-1376 RON/UVM (if all 7 measures are accessed) 304.1 mil. RON 225 farms Subsidy for bird welfare National Budget 722-2062 RON/UVM (if all 6 measures are accessed) 388.7 mil. RON 180 chicken farms 150 hen farms Subsidy per bovine capita National 410 RON/capita (as Budget in 2010) 593.2 bn. RON 229,545 farmers 1.447 mil. capita Subsidy per ovine/goats capita National Budget 299.1 mil. RON 47,121 farmers 7.5 mil. capita 40 RON/capita (as in 2010) 64 Main financial support schemes 2011 (cont.) Scheme Source Subsidy for diesel duty National Budget Support for insuring the agricultural production Specific aid for cow milk producers Payment by unit Budget Beneficiaries 1.2 RON/litre 1 July 2010 30 Sept. 2011 398.0 mil. RON 11,000 beneficiaries in 2011 National Budget 50% or 70% of the insurance prime, according to the insured risks 19 Aug. 2010 31 Dec. 2011 16.87 mil. RON 5,481 beneficiaries in the first half of 2011 EAGF (UE) Up to 250 €/cow capita (2-15 cows) in the disadvantaged areas 22.45 mil. € (94.3 mil. RON) 221,134 dairy cows in the disadvantaged areas (39.2% of the quota beneficiaries) 65 Main financial support schemes 2011 (cont.) Scheme Source Specific support for ecological agriculture / conversion EAGF (UE) Support for improving the breed and pedigree records management Agricultural life annuity Payment by unit Budget Beneficiaries 500-5800 / exploitation 3.10 mil. € (13.02 mil. RON) 1,067 beneficiaries in 2011 8-80 RON/capita 12.25 mil. RON 1,739 beneficiaries in 2011 50-100 €/ha 74.8 mil. RON 83,000 beneficiaries in 2011 National Budget National Budget 66 II. REFORMS 2009 - 2012 1. Fiscal Framework reform…………………………………………...68 2. Public Administration reform………………………………………69 3. Reform of the Public Sector Employees’ Payment………………...71 4. The reform of Internal Administration…………………………….73 5. The reform of the Public Pension System………………………….74 6. The reform of the Labour Legislation……………………………...81 7. The reform of the Social Dialogue………………………………….83 8. The reform of the Education System……………………………….84 9. The reform of the Health System…………………………………...85 10. The reform of Social Assistance…………………………………….86 11. The reform of the Legal System…………………………………….88 67 1. Fiscal Framework Reform Objectives: gradual reduction of the budgetary deficit to 3% in 2012 diminishing the tax and administrative burden. The Fiscal-budgetary responsibility Law establishes the principles, objectives and priorities of the multiannual budgetary and fiscal policy: introduces expenditure ceilings reduces the number of budget adjustments eliminates the risk of populist decisions around election campaigns sets up The Fiscal Council. 68 2. Public Administration Reform By imposing personnel norms for central and local public authorities, the public apparatus was reduced from 1,398,757 people in December 2008 to 1,202,234 people at the 1st of December 2011. The policy of employment in the public sector was restricted: one new employee / 7 vacant positions. 141 governmental agencies were abolished, merged or restructured. E-governance to eliminate bureaucracy: Development of e-ROMANIA National Platform and National Electronic System. Electronic Single Point of Contact - sets out the online interaction between public institutions in Romania and service providers. Results: in 2010 there were savings of around 3 bn. RON as a result of the development of the transparent procedures for electronic procurement SEAP. 69 Number of occupied positions in the public sector decreased by 196,523 from 2008 to December 2011 1.500.000 1.450.000 1.398.757 1.395.485 1.379.892 1.400.000 1.352.627 1.350.000 1.300.000 1.266.550 1.250.000 1.200.000 1.202.234 1.150.000 1.100.000 1.050.000 1.000.000 Dec. 2008 June 2009 Dec. 2009 June 2010 Dec. 2010 1 Dec. 2011 3. Reform of the Public Sector Employees’ Payment The Unitary Payment System Law provides a coherent payment framework for the personnel paid from public funds, unlike the previous period when this remuneration was comprised in 39 laws. Expected results: Eliminating the luxury wages from the budgetary system. Reduction of the distance between the basic minimum and maximum salary to 1 to 15, getting closer to the best European practices. Harmonization of the payment system according to the responsibilities, complexity of the activity and required level of education; Salary increases take into account the macroeconomic indicators and the evolution of social indicators. 71 Evolution of personnel expenditure * *Includes social security contributions for the military and policemen worth 1.6 billion RON 4. The reform of Internal Administration 2009 – 2011: the total number of positions foreseen by the job chart of the Ministry decreased by 43,110 (including vacancies). 2011: the total number of positions decreased by 37,762, out of which 10,322 represented personnel reduction. 73 5. The reform of the Public Pension system Under the legislation adopted in the pension system: the financial sustainability of the pension system on the medium and long term is ensured; the contributiveness principle is enforced in the public pension system; special laws regarding retirement have been eliminated (“the luxury pensions"); special pensions were recalculated based on the contributiveness principle; the retirement age is gradually increased to 65 years for men and to 63 years for women, in 2030; a minimum social pension of 350 RON was established; 74 5. The reform of the Public Pension system (cont.) the cumulation of pension incomes with salary incomes in the public sector is prohibited for those with pension incomes higher than the average gross salary in the economy; reduction of the number of early retirements; more severe criteria are implemented for granting disability pensions; starting with the 1st of January 2011, working groups I and II are entitled to payments, this means 1,541,000 pensioners; the budgetary effort amounts to 403 mil. euro in 2011. 75 The average pension in the economy increased to 772 Ron in 2011, 30% higher than in 2008, and the average pension with complete stage of contribution and legal retirement age increased to 1,065 in the same year, 21% higher than in 2008 - Ron - 76 Source: National Forecast Commission, January 2012 *) Forecasts of the National Forecast Commission The populist decisions in 2008 led to an unsustainable structural deficit of the pension fund and threw Romania totally unprepared in the crisis 77 Source: National Forecast Commission, January 2012 *) For 2011 and 2012 data represent forecasts of the National Forecast Commission The evolution of the ratio between the average pension and the average gross wage in the period 2000-2012 % 78 Source: National Forecast Commission, January 2012 *) Forecasts of the National Forecast Commission Evolution of public pension expenditure between 2008 and 2012 Source: Ministry of Public Finances *) For 2012 data represent forecasts of the Ministry of Public Finances Avoiding unsustainable increase in the structural deficit of the public pension fund The structural deficit of the public pension fund would have been over 40% higher in 2011, reaching 21 bn. RON, without the reform of the public pension system adopted by the Government. 80 6. The reform of Labour Legislation A new Labour Code was implemented. Main objectives: adapting the work relationships to the dynamics of the labour market; increasing the flexibility of the work relationships; establishing performance as a criteria in the labour contracts and in the work relationships; discouraging the illegal employment by adopting tougher sanctions: prison sanction for more than 5 employees working illegally; fine from 10,000 Ron la 20,000 Ron for person, in case that up to 5 people are working without individual employment contract; fine from 500 Ron to 1,000 Ron for a person working without individual employment contract. maintaining the Code’s regulations in line with the European legislation. 5,277,369 active employment contracts at 15th January 2012 The number of registered active employment contracts are currently 110,012 higher as compared to August 2011. 92,5% of the registered active employment contracts have an indefinite 81 duration. The number of registered active employment contracts are currently 110,012 higher as compared to August 2011 * Data are in line with the new registration system of the active employment contracts used by the Ministry of Labour since December 2011. 82 7. The reform of the Social Dialogue The Government decided to promote the Social Dialogue Law by assuming responsibility, according to art. 114 in the Romanian Constitution. The Social Dialogue Law completes the Labour Code: it reforms the way the trade unions, the employers unions, the Economic and Social Council are organized; it abolishes the national employment contracts, keeping only the contracts at the branch and unit level; it adapts to Romania’s present needs the rules that concern the collective work contracts and labour conflicts solving. 83 8. The reform of the Education System By implementing the National Education Law, the Romanian educational system was fundamentally reformed. The main modifications concern : the establishment of an educational system based on competencies and not on the assimilation of information defining categories of universities, university classification and ranking study programs introducing financing per student, according to the funding follows the student principle; ensuring a high degree of decentralization in the pre-university education system; redefining the doctoral studies by establishing the scientific doctoral studies and the professional doctoral studies modernization of university management; reorganization of the pupil evaluation system and establishment of an Educational Portfolio; competitive funding and encouraging excellence at the university level; fostering lifelong learning; providing equal education opportunities for disadvantaged groups; 84 the introduction of the School after School Programme; 9. The reform of the Health System Structural measures to reform the system: the decentralization of the health system and the increase of the degree of participation of the local authorities in the management of the hospitals • of the 435 public hospitals subordinated to the Ministry of Health, 370 were transferred to the local public authorities • 67 public hospitals were closed in order to channel the financial resources to efficient hospitals. requiring all pensioners with pensions over 740 lei/month to pay 5.5% as health insurance contribution: the number of health insurance payers increased from 8.5 million to approximately 10 million people introducing the co-payment mechanism, except for the social vulnerable groups or for those with a small income the control of the expenditure on medicines by imposing the clawback tax. Measures under preparation: introduction of a national health card; introduction of the electronic prescription and the patient electronic file establishment of the health care service minimum package (within the 5.5% 85 contribution) 10. The reform of the Social Assistance System At least the following objectives are envisaged: restructuring the generous social assistance programs and their orientation to the vulnerable categories reconsideration of the guaranteed minimum income scheme and imposing a correct assessment scale for those who are subject to guaranteed minimum income reconsideration of subsidies for covering the heating expenses by eliminating the generalized heating subsidy and by targeting the grants exactly for paying the heating bills. carrying out the decentralization process of social services. rethinking the child allowance resizing the social protection measures for people with special needs and for their families. 86 Change of the heating aid system for home heating Cold season 2010-2011 Cold season 2011-2012 Observations Beneficiaries of subsidies allotted from central level 200,000 330,000 The number of beneficiaries will increase by approx. 130,000 people Differentiated subsidy according to the income 120 mil. RON 345 mil. RON Budget of Ministry of Work, Family and Social Protection (MMFPS) Total amounts allotted from the central level 474 mil. RON 345 mil. RON Economy of 129 mil. RON at the state budget Aids granted by local authorities 700 mil. RON 700 mil. RON Local budgets Maximum income threshold for granting the subsidy 615 RON 786 RON/family 1082 RON/ single person A new category (2011-2012): single people with incomes between 786 and 1082 RON 87 11. The reform of the Legal System Four new codes were implemented – the Civil Code, the Criminal Code, the Civil Procedure Code and the Criminal Procedure Code – in order to restore the judicial system’s credibility, by enhancing the transparency, by simplifying the legal framework and by improving the accessibility degree. Expected results: : shortening the duration of judicial processes; the simplification of the procedures; reducing the judiciary costs improving the justice system, by increasing the degree of accountability and specialization of judges and prosecutors a more judicious sharing of material competence, unification of judicial practice and increase of the predictability of the justice system. 88 National Anti-Corruption 2011-2014 The National Action Plan is based on three types of interventions: Prevention: the inventory of mandatory measures for all the public institutions strengthening the integrity of the legal system and the Parliament transparent financing of the political parties and the electoral campaigns public procurements business environment local government Education: training for the employees public information campaigns Control: DNA and ANI: the main pillars of the fight against corruption - legislative and institutional stability protection of the financial interest for the European Union strengthening administrative mechanisms of control and internal audit confiscation and turning to advantage of the products of corruption. 89 III. ECONOMIC IMPACT 1. Correcting deficits and vulnerabilities………...91 2. Favourable economic developments…………..98 3. Public and private investments………………..103 4. Completed investment works in infrastructure…………………………………..106 5. Absorption of European funds………………..109 90 1. Correcting deficits and vulnerabilities Collected budgetary revenues in GDP reached in 2010 the highest level in the last 6 years: 33% of GDP. In 2011: 33.3% GDP In 2012: 33.7% GDP Budgetary deficit is under control As compared to 7.3% in 2009, the budgetary deficit was 4.2% in 2011. The budget was elaborated in 2012 in order to reduce the deficit to less than 3% of GDP. Current account deficit is 6.6% lower In the first 11 months of 2011, it amounted to 4.23 bn. euro, which is 6.6% lower as compared to the first 11 months of 2010. Romania's public debt is one of the lowest in EU In 2011, public debt was 34% of GDP. 91 1. Correcting deficits and vulnerabilities (cont.) Vulnerability caused by the large short – term external debt was corrected In 2010, the short-term external debt was 19.55 bn. euro, as compared to 20.6 bn. euro irresponsibly engaged in 2008. The share of short-term external debt in the total external debt decreased from 28.5% in 2008 to 21.1% in 2010. The share of short-term public debt in the total public debt decreased from 45.1% in 2008 to 32.9% in 2010. Inflation is decreasing From an average inflation of 7.85% in 2008 to 5.9% in 2011. For 2012, the inflation target is 3%. Credit recovery is taking place through the major cost reduction Monetary policy interest rate decreased form 10.25% in 2008 to 5.75% at the moment. 92 Public debt, private debt and total external debt dynamics (dec. 2004 - nov. 2011) 100 92.5 bn.€ 90 96.88 81.2 80 72.35 70 58.6 60 50 41.2 40 30 30.9 21.5 20 10 10.1 11 56 54.1 55.8 56.2 19.36 22.2 45 29.5 18.6 14.1 11.3 10.7 10.4 10.85 dec. 2005 dec. 2006 dec. 2007 dec. 2008 0 dec. 2004 Public debt Private debt dec. 2009 dec. 2010 nov. 2011 Total external debt *Total external debt include the public debt, the private debt, the medium and long term deposits for non residents and loans from IMF (entered in the National Bank of Romania reserve). 93 Source : National Bank of Romania, http://www.bnro.ro/Raport-statistic-606.aspx External debt service* (dec. 2004 - nov. 2011) 60 bn.€ 49 50 45.6 43.8 40 34.9 29.9 30 19.8 20 13.6 10 4.97 0 dec. 2004 dec. 2005 dec. 2006 dec. 2007 dec. 2008 dec. 2009 dec. 2010 nov. 2011 *External debt service include repayments of external loans rates and the payment of the interests dobânzilor, commissons and another expenses related to the external debt, payable in the considered year. 94 Source : National Bank of Romania, http://www.bnro.ro/Raport-statistic-606.aspx Romania wins the battle with inflation 95 Source: National Institute of Statistics *) the target established by the Romanian National Bank Structure of budgetary revenues in GDP: 2009 – 2012 (%) 96 Structure of public expenditure in GDP: 2009 – 2011 (%) 97 2. Favourable economic developments The fourth consecutive quarter of economic growth In the third quarter of 2011, the GDP has grown by 4.4% (adjusted series), as compared to the same period of 2010, respectively by 1.8% as compared to the second quarter of the current year. GDP growth in the first 9 months 2011: 2.7%. Romanian industry remains a pillar of economic growth: Industrial production grew by 5.5 % in 2010 as compared to 2009 and by 6.3% in the first 11 months of 2011, as compared to the same period of last year; Work productivity is increasing considerably in this sector, by 17% in 2010 as compared to 2009, by 30% as compared to 2008 and by 8% in the first semester of 2011, as compared to the same period of 2010; The turnover in industry grew by 16,6% in the first 11 months of 2011; new industrial orders increased by 14.9% in the first 11 months of 2011. In 2010, exports recorded their highest level in the whole history of Romania. The total value of 37.3 bn. euro in 2010 exceeded by 3.6 bn. euro the level recorded in 2008; Trade deficit (FOB-FOB) in 2010 diminished with 69% as compared to 2008. In the first 11 months of 2011, goods export was 23% higher than in the same period of 98 2010, totaling 176.6 bn. RON. The exchange rate remained stable in 2009-2011 99 Source: National Forecast Commission *) Forecasts of the National Forecast Commission Evolution of FDI flows attracted by Romania during 2000-2011 Source: National Bank of Romania 2. Favourable economic developments (cont.) FDIs amounted to over 1.639 bn. euro in the first 11 months of 2011, covering 38.7% of the current account deficit. Construction works remain on an upward trend The volume of construction works increased by 2.1% in the first 11 months of 2011, as compared to the same period of the previous year. The unemployment rate is stabilizing this year at the level recorded in 2008: After an increase from 4.4% in 2008 to 8.36% in March 2010, the unemployment rate started decreasing, reaching 5.06% in November 2011. The number of people receiving redundancy payments has diminished by 147.1 thousand people in December 2011 as compared to December 2010. 366,113 people got employed in 2011, exceeding by 40,000 the number of people estimated to be employed (324 thousand people). 101 The unemployment rate is decreasing towards the level recorded in 2008 - %- 9,0 - mii persoane Thousand pers. - 765,3 750,0 700,0 8,0 650,0 7,0 600,0 8,4 550,0 6,0 455,0 5,0 4,0 500,0 450,0 444,9 5,06 400,0 4,9 350,0 300,0 3,0 250,0 200,0 2,0 150,0 100,0 1,0 50,0 0,0 Source: National Forecast Commission, January 2012 Oct. Nov. Aug. Sept. Iul. Mai Rata somajului inregistrat (axarate st) Recorded unemployment Iun. Apr. Mar. Feb. Ian. 2011 Dec. Oct. Nov. Sept. Iul. Aug. Mai Iun. Apr. Mar. Feb. Dec. Numar someri inregistrati (axa dr) No. of recorded unemployed Ian. 2010 Oct. Nov. Sept. Iul. Aug. Mai Iun. Apr. Mar. Feb. Dec. Ian. 2009 Nov. Oct. Aug. Sept. Iul. Mai Iun. Apr. Mar. Feb. Ian. 2008 0,0 102 3. Public and private investments According to Fitch Agency, in July 2011, Romania came back to “investment grade” category. The budgetary allotment for public investments increased to 36.1 bn. RON in 2011 and to 38.1 bn. RON in 2012 compared to 32.6 bn. RON in 2008 (the year with the highest economic growth). In the first 11 months of 2011, the public investment expenditure was 30 bn. RON, which is 3.2 bn. RON higher as compared to the same period in 2010. The percentage of total investments in GDP was 24% in 2011 (according to Eurostat estimates in January 2012). In 2011, Romania ranked 2nd in EU-27, as percentage of total investments in GDP, after the Czech Republic (24.7%). The forecasts for the current year point to a share of total investments in GDP in Romania of 24.2%, the highest level in the EU. 103 Fitch: Romania rating was upgraded AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC CC C RD Austria & France Italy Spain Portugal Romania Greece iul.08 nov.08 ian.09 apr.09 iul.09 nov.2009 ian.10 apr.10 iul.10 nov.10 ian.11 apr.11 iul.11 oct.11 ian.12 Data source: Fitch, 16th of January 2012 S&P: Stable rating for Romania Austria & France Spain Italy Portugal Romania Greece Jul 08 Oct 08 Jan 09 Dec 09 Jan 10 Apr 10 Jan 11 Mar 11 May 11 Jun 11 Jul 11 Sep 11 Oct 11 Jan 12 Data source: S&P, 16th January 2012 4. Investments in Infrastructure Works completed in 2009-2011 Road infrastructure: Highways: 106,68 km o 54.18 km Drajna – Feteşti section and Feteşti – Cernavodă section o 52.5 km Câmpia Turzii - Gilău section Detours of highways: 51.56 km (Sibiu, Pitesti) Modernized / rehabilitated national roads: 737 km Detours of national roads: 72.305 km Roads – thorough repairs: 78.68 km Bridges: 3.4 km (9 bridges) Railroad infrastructure and Metro: Railroad infrastructure: o o o o o o o Rehabilitation of railroads: 258.84 km; Rehabilitated tunnels: 1.37 km; Reconstruction, rehabilitation of railroad bridges and small bridges: 43 bridges Thorough repairs: 4 passages, 1 pedestrian tunnel, 18 railway platforms Modernizing railway stations: 21 stations Implementing the Schengen demands : 4 border crossing points Computerization of stations: 7 stations 106 4. Investments in Infrastructure Works completed in 2009-2011 (cont.) Metro o Line 4 – metro connections - section Nicolae Grigorescu - linia de centură and section 1Mai – Parc Bazilescu 6 stations - 7,3 km; o Modernizing the electric equipment: 9 electric traction substations o Facilities for the access of persons with disabilities: 81 elevators Naval Infrastructure Refloating the Transilvania wreck Decontamination area for the de-polluting equipments Complex pontoon for controlling the border crossing in the Galaţi harbor Airborne Infrastructure Developing and Modernizing the Henri Coandă International Bucharest Airport Internal Arrivals Terminal at the Traian Vuia International Timişoara Airport Building rollways and extending the Traian Vuia International Timişoara Airport Track for light airplanes at the Strejnic Aerodrome – The High School for Civic Aviation 107 THE HIGHWAYS CONSTRUCTION PROGRAMME 1 E8 Radauti Prut DARABANI 29A George Enescu Manoleasa E85 E81/E58 Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni 1C 19 Ralos Vicovu SIGHETU Livada Stanca Varful 29B Petea de Sus RADAUTI MARMATIEI 18 Cimpului Stefanesti BOTOSANI 1C OAS Feresti V ama Dorolf Sucevita Marginea2 29D 29C Seini 18 29A VISEU DE SUS Mara SATU MARE UrziceniE671 1C BAIA MARE 17A Moisei 29 Rutani Vatra E58 BAIA SPRIE Ilisesti Borsa Moldovitei Ardud Sacel E5 19 CAREI SUCEAVA 8 Vama Nicolae Balcescu 19A Cirlibaba 1F Satulung 28B E85 Romuli E671 17D GURA HUMORULUI E81 Valea lui Mihai 18 6 CIMPULUNG Somcul Mare 7 FALTICENI Supuru de jos E5 MOLDOVENESC HIRLAU TUSNAD Rodna 17C Iacobeni 1C SCULENI Chiril Praxia Rastoci Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA NASAUD VATRA 1H Sacueni 58 R uginoasa Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Supiacu E583 SILVANIEI 28A Vinatori Surduc Gilgau 1H 17D 28 de Bacau 1C TIRGU PASCANI 17C Nusfalau 15B Tihau Strunga TIRGU FRUMOS Borca Cracaoani NEAMT ZALAU Biharia IASI E60 P rundu B irgaului Miclauseni 1 1H Poiana BUCIUM E8 BISTRITA DEJ BORS 28 ORADEA Largului Romanasi 1 Dobreni Sabaoani GHERLA Sinmihaiu Almasului 15 24 28 Baile Felix ALESD E60 15C B OR S E C Deda Les 15D E576 ROMAN Zimbar 15 76 Dragesti E581 P IA T R A NE AMT B ICAZ A 1 15D 1G 15 Inana TOPLITA Rascruci 15 12C Tarcau 12 ALB IT A E79 E671 V ulturesti NEGRESTI 1F 24B Apahida Camarasu Ditrau HUEDIN 15 15D 16 SALONTA Lacu Rosu REGHIN Copaceni 16 CLUJ NAPOCA Dimbu Joseni GHEORGHIENI Pocola HU SI VASLUI 2F 79 BUHUSI E60 BEIUS 24B 13B 12 SecuieniDragomiresti 15 VARSAND Ghimes-Faget SOVATA Sindominic BACAU Crasna TIRGU CIMPIA TURZII 12A 79A CHISINEU-CRIS TURDA corteni MURES 13A Praid Buru Sirbi 24A MOINESTI2GS Arieseni Nadab 79A VASCAU NUCET Corund Sanduleni E81 Albac E60 INEU 15 COMANESTI 13A 75 Iernut Lupsa Singeorgiu 76 Balauseri E581 E574 E85 Darmanesti VLAHIT A Lupeni Falciu MIERCUREA CIUC TIRGU Miraslau E671 Zorleni 13 TIRNAVENI BIRLAD CIMPENI OCNA 79A 24A Virfurile Sinmartin AIUD ODORHEIU ONESTI Turnu ABRUD 14A SIGHISOARA E68 Podu Turcu SLANIC 12B SECUIESC Murgeni Gurahont 11A Cozmeni NADLAC MOLDOVA 74 Bucium 26 Blajel E79 Oituz 11A 7 14 DUMBRAVENI Teius 14B BRAD Buces BAILE TUSNAD Cenad Paulis 11B 11 ADJUD ALBA IULIA ARAD 1 MEDIAS E68 BLAJ SINNICOLAU 14B Capruta COPSA MICA Criscior E581 69 74 Bretcu LIPOVA 6 MARE ZLATNA RUPEA E85 TIRGU Vinga Axente Sever Lovrin SECUIESC Gara Berheci Lepsa Oancea Savirsin 76 Hoghiz 12 2D Ortisoara 59C 7 14 Vidra 24 ILIA MARASESTI SFINTU 7 13 Soimus Biled E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES FAGARASSercaia JIMBOLIA E68 E673 SIMERIA Carpinis Voila 2D DEVA 11 Reci 57C 1 Foltesti Cosava E70 ORASTIE 68A 59A SIBIU 68B Chichis E68 E68 Sinca 26 TIMISOARA 1 Sugag CODLEA Prejmer INTORSATURA FOCSANI V eche Cirtisoara 1/7 Hanu Conachi HUNEDOARA Avrig CALAN BUZAULUI BRASOV 10 73A LUGOJ Talmaciu 25 66 Tulucesti 59B SACELE 59 VESTEM Bilea Lac RISNOV E81 HATEG GALATI 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti E79 Pui Voiteg PREDEAL Cheia 73 Bran 68 Sarmisegetuza Nehoiu DETA Sendreni 1A Berzovia 58B 66 RIMNICU SARAT Garvan R ucar CARANSEBES E60 58 22 Balta Alba BRAILA 2B Smirdan Voineasa ManeciuPETROSANI 7A 22 7 Obirsia Lotrului SINAIA Saceni E574 Ungureni Movila Lacu Poienari ISACCEA MACIN URICANI 66A BOCSA E70 CIMPULUNG 7A Ciuta 10 71 Miresii Sarat MORAVITA Malaia RESITA COMAR NIC Cimpu Cislau Traian E87 BREZOI 7C Domnesti lui Neag TULCEA E79 Moroeni 73C 67A VALENII Carasova RIMNICU Ianca 22D Vernesti BUZAU Schitu 2B CernaNalbant Cataloi DE MUNTE 21 Golesti NOVACIPolovraci FAUREI VILCEA CURTEA FIENI 66 57 CIMPINA 73C DE ARGES E70 Horia 72A Gradinari 58 64 2B Cilibia HOREZU Bumbesti22 Jiu 67 Budau Runcu 22D 22A 1B Costesti 6 E574 BengestiMaldaresti BAILE OCNELE E577 57B ANINA 2C PLOIESTI 1 E87 MIZIL GOVORA MARI 7C Cimpu Mare 67 Ciucurova ORAVITA 57B E 81 T IR GOVIS T E Albesti Insuratei 73 Pogoanele 67D Topolog 67D Scoarta Babeni 22D BABADAG 72 TIRGU CARBUNESTI BAIA DE ARAMA 67 TIRGU JIU Dragomiresti I.L.Caragiale Iablanita Pieptani Rohman Naidas Bozovici PITESTI ROVINARI Caugagia 67B 22A 1D GIURGENI 65C Socol 57 BAILE HERCULANE 64 1A 72 71 Gradistea Pesteana-Jiu 7 E85 21A HIRSOVA Dobroteasa Grivita 57A Pojejana Topleta 67B Vedea E60 Scraiu 9 Cerbu Mihai URZICENI Floresti MOTRU Hurezani67B E7 Cringasi Viteazu GAESTI 2C COSTESTI E70 Brosteni Giulesti TANDAREI MOLDOVA NOUA ORSOVA 67 E 60 6 E7 3B 65A E 60 6 E60 TITU Amara 0 67A E87 DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea BUFTEA TURNU SEVERIN SLOBOZIA 2A E771 OTOPENI Bildana7 Tintareni E85 B alcesti 6 S imian 22 21 57 Pasarea 3 Lehliu STREHAIA 65 Ungheni Dragalina Branesti Fundulea FETESTI A1 3A Mihail A2 Lehliu 3A Crevedia Mare 56B Drajna FILIASI 65C K ogalniceanu Gara Ganeasa SLATINA 22B Capul Midia BUCURESTI Stefan Voda CERNAVODA E70 VINJU MARE NAVODARI Vlad Tepes 21 22C E79 BALS Clejani 3 Cuza Brincoveni Ovidiu CONSTANTA Adunatii-4 V oda B udesti 6 65A Copaceni Basarabi 61 3B CRAIOVA Minastirea Agigea 31 56A 64 Ghimpati CALARASI Corvin Calugareni Pietreni 3 EFORIE NORD Daneasa Greaca OLTENITA Cobadin ROSIORII Draganesti Vlasca 5B E70 39 Leu CARACAL Ostrov Baneasa EFORIE SUD E 70 DE VE DE E 675 6 41 Stoenesti 56 Rodovan COSTINESTI 5 Amzacea Cetate E79 6 6 NEPTUN Daia E87 JU 38 PITER ALEXANDRIA 55 E85 Negru voda VENUS Maglavit 54 SATURN 65A GIURGIU MANGALIA Smirdioasa E79 CALAFAT 52 Rast 55A CORABIA TURNU MAGURELE Vama Veche Dabuleni 5C 51 Bechet 54A E87 54 E70 51A ZIMNICEA FINISHED HIGHWAYS E58 17 17 17 E58 E576 17 CAMPIA TURZII - GILAU Length: 51,8 KM Financing: The state budget In exploitation Road diversion ARAD Length: 12,25 KM Financing: state budget, EIB, CF In exploitation MOARA VLASIEI – PLOIESTI (sector 1b) Length: 14,29 KM Financing: The state budget In exploitation 6 E6 0 ARAD - TIMISOARA Length: 32,25KM Financing: state budget, EIB, CF In exploitation Road diversionSIBIU Length: 17,56 KM Financing: ISPA, The state budget In exploitation E70 MEDGIDIA - CONSTANTA Length: 14,57KM Financing: state budget, EIB, CF In exploitation LEGENDA Finished highways Length: 418 km Value: 1,862.96 M EUR BUCURESTI - PITESTI Length 109,66 KM Financing: The state budget In exploitation Bucuresti BUCURESTI - CERNAVODA Length 151,7 KM Financing: The state budget, EIB, ISPA In exploitation E85 VARIANTA DE OCOLIRE CONSTANTA Length: 10,88 KM Financing : The state budget, EBRD, FC In exploitation 5. Absorption of European Funds at 23rd January 2011 In the first 11 months of 2011, payments made for projects financed from EU funds have increased by 54.9%, as compared to the same period of 2010. Payments made to beneficiaries: approx. 3.22 bn. euro (15.47% of the 2007-2013 allocation), out of which: Prefinancing of 1.58 bn. euro Reimbursements of 1.6 bn. euro Intermediate payments reimbursed by the Commission: 5.55% of the 2007-2013 allocation. Submitted projects: 31,574 worth 56.5 bn. euro Approved projects: 10,022 worth 23.7 bn. euro EU contribution = 14.7 bn. euro (76% of the 2007-2013 allocation) Contracted projects: 7,868 worth 16.1 bn. euro EU contribution = approx. 12.8 bn. euro (66% of the 2007-2013 allocation)109 IV. Short and Medium Term Governmental Priorities 1. Absorption of the European Funds……………………………..111 2. The prioritization of the multiannual strategic investments…….……………………………………………….....112 3. Implementing the National Infrastructure Development Programme……………………………………………….....….....113 4. Investments in Infrastructure Works started in 20092011……………………………………………………….....…......115 5. Solving the problem of arrears………………………..……........122 6. Restructuring of the state-owned enterprises……………..….....123 7. Priorities in state companies privatization…………….....…......125 8. Public – Private Partnership Law implementation………….…127 9. Further Health System Reform………………………….....…....129110 1. Absorption of European Funds Main objectives in 2012: Attracting 6 bn. euro of EU funds • 2.5 bn. euro in agriculture 1.2 bn. euro direct payments 1.3 bn. euro rural development • 3.5 bn. euro from cohesion funds Absorption rate of over 20% 111 2. Prioritization of multi-annual strategic investments The creation, by a working group under the authority of the Prime Minister, of a database / a list of primary investment projects to provide fund-raising over the next 3-5 years. The improvement of the monitoring and evaluation for the investment projects, at the central authorities level, in particular by improving the database on equity investments managed by the Minister of Public Finances, which will include information on the state of the projects, such as delays in implementation or cost overruns. The implementation of the Government’s Action Plan in order to accelerate the absorption of EU funds and of the National Infrastructure Development Programme. Capital public expenditure reorientation towards a gradual shift from investments financed entirely from domestic sources to investments cofinanced from EU funds; providing about 4% of GDP for capital expenditures corresponding to the investments cofinanced from EU funds, including those from external loans, in 112 2012. 3. National Infrastructure Development Programme 3 subprogrammes: The 10,000 km roads subprogramme In all counties there have been auctions for construction works. The first opening bid: the end of June, followed by the opening of all offers in 8th July. 9,016 km of roads will be repaired. The modernization subprogramme for localities About 650 nurseries and kindergartens will be built in urban and rural areas (an average of 15 per county) on 3 categories, depending on the number of children groups. Procurement procedures are in progress for 635 nurseries/kindergartens, valued at approx. 760 mil. RON. Water supply and sewage subprogramme The approval of the technical and economical indicators for water supply systems of localities is in work. The amount allotted is 700 mil. euro for almost 600 localities, depending on the volume and type of work. 113 4. Investments in Infrastructure Works started in 2009-2011 Road Infrastructure Highways: 241.29 km, for parts of the following sections: Orăştie – Sibiu, Timişoara – Lugoj, Lugoj – Deva, Nădlac – Arad, Arad – Timisoara, Cernavodă – Medgidia, Medgidia - Constanţa Detours: 88.36 km (Sibiu, Deva-Orastie, Arad, Constanţa) Rehabilitated / Modernized national roads: 1,400.207 km National Roads – thorough repairs: 5.94 km Bridges: 0.116 km (1 bridge) Railroad Infrastructure and Metro: Railroad Infrastructure: o Rehabilitation of railroads: 25.41 km o Reconstruction, rehabilitation of railroad bridges and small railroad bridges: 5 bridges and small bridges o Embankment consolidation, slopes: 4 works o Implementing the Schengen demands: 3 border crossing points o Rehabilitation of railroad infrastructure affected by the 2005 floods: 64 114 objectives 4. Investments in Infrastructure Works started in 2009-2011 (cont.) Metro: o Line 5: Drumul Taberei – Pantelimon, section Drumul Taberei Universitate o Modernizing the electric equipments on Lines 1, 2 and the and the connecting metro sections o Facilities for the access of the persons with disabilities to the metro network Naval Infrastructure Road bridge at km 0+540 of the Danube – Black Sea Chanel and works connected with the road infrastructure and the access in the Constanţa harbor Quay berth 23 and partly 25 of the Brăila harbor and the vertical berth 31 of the Galaţi Harbor Management system of the naval traffic on the Danube and on the Danube – Black Sea Chanel and the Poarta Albă – Midia Năvodari Chanel Modernizing the naval signalizing system on the Danube – Black Sea Chanel A system for collecting the waste generated by the ships in the Danube harbors115 THE HIGHWAYS CONSTRUCTION PROGRAMME Radauti Prut DARABANI 29A George Enescu Manoleasa E85 E81/E58 Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni 1C 19 Ralos Vicovu SIGHETU Livada Stanca Varful 29B Petea de Sus RADAUTI MARMATIEI 18 Cimpului Stefanesti BOTOSANI 1C OAS Feresti V ama Dorolf Sucevita Marginea2 29D 29C Seini 18 29A VISEU DE SUS Mara SATU MARE UrziceniE671 1C BAIA MARE 17A Moisei 29 Rutani Vatra E58 BAIA SPRIE Ilisesti Borsa Moldovitei Ardud Sacel E5 19 CAREI SUCEAVA 8 Vama Nicolae Balcescu 19A Cirlibaba 1F Satulung 28B E85 Romuli E671 17D GURA HUMORULUI E81 Valea lui Mihai 18 6 CIMPULUNG Somcul Mare 7 FALTICENI Supuru de jos E5 MOLDOVENESC HIRLAU TUSNAD Rodna 17C Iacobeni 1C SCULENI Chiril Praxia Rastoci Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA NASAUD VATRA 1H Sacueni 58 R uginoasa Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Supiacu E583 SILVANIEI 28A Vinatori Surduc Gilgau 1H 17D 28 de Bacau 1C TIRGU PASCANI 17C Nusfalau 15B Tihau Strunga TIRGU FRUMOS Borca Cracaoani NEAMT ZALAU Biharia IASI E60 P rundu B irgaului Miclauseni 1 1H Poiana BUCIUM E8 BISTRITA DEJ BORS 28 ORADEA Largului Romanasi 1 Dobreni Sabaoani GHERLA Sinmihaiu Almasului 15 24 28 Baile Felix ALESD E60 15C B OR S E C Deda Les 15D E576 ROMAN Zimbar 15 76 Dragesti E581 P IA T R A NE AMT B ICAZ A 1 15D 1G 15 Inana TOPLITA Rascruci 15 12C Tarcau 12 ALB IT A E79 E671 V ulturesti NEGRESTI 1F 24B Apahida Camarasu Ditrau HUEDIN 15 15D 16 SALONTA Lacu Rosu REGHIN Copaceni 16 CLUJ NAPOCA Dimbu Joseni GHEORGHIENI Pocola HU SI VASLUI 2F 79 BUHUSI E60 BEIUS 24B 13B 12 SecuieniDragomiresti 15 VARSAND Ghimes-Faget SOVATA Sindominic BACAU Crasna TIRGU CIMPIA TURZII 12A 79A CHISINEU-CRIS TURDA corteni MURES 13A Praid Buru Sirbi 24A MOINESTI2GS Arieseni Nadab 79A VASCAU NUCET Corund Sanduleni E81 Albac E60 INEU 15 COMANESTI 13A 75 Iernut Lupsa Singeorgiu 76 Balauseri E581 E574 E85 Darmanesti VLAHIT A Lupeni Falciu MIERCUREA CIUC TIRGU Miraslau E671 Zorleni 13 TIRNAVENI BIRLAD CIMPENI OCNA 79A 24A Virfurile Sinmartin AIUD ODORHEIU ONESTI Turnu ABRUD 14A SIGHISOARA E68 Podu Turcu SLANIC 12B SECUIESC Murgeni Gurahont 11A Cozmeni NADLAC MOLDOVA 74 Bucium 26 Blajel E79 Oituz 11A 7 14 DUMBRAVENI Teius 14B BRAD Buces BAILE TUSNAD Cenad Paulis 11B 11 ADJUD ALBA IULIA ARAD 1 MEDIAS E68 BLAJ SINNICOLAU 14B Capruta COPSA MICA Criscior E581 69 74 Bretcu LIPOVA 6 MARE ZLATNA RUPEA E85 TIRGU Vinga Axente Sever Lovrin SECUIESC Gara Berheci Lepsa Oancea Savirsin 76 Hoghiz 12 2D Ortisoara 59C 7 14 Vidra 24 ILIA MARASESTI SFINTU 7 13 Soimus Biled E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES FAGARASSercaia JIMBOLIA E68 E673 SIMERIA Carpinis Voila 2D DEVA 11 Reci 57C 1 Foltesti Cosava E70 ORASTIE 68A 59A SIBIU 68B Chichis E68 E68 Sinca 26 TIMISOARA 1 Sugag CODLEA Prejmer INTORSATURA FOCSANI V eche Cirtisoara 1/7 Hanu Conachi HUNEDOARA Avrig CALAN BUZAULUI BRASOV 10 73A LUGOJ Talmaciu 25 66 Tulucesti 59B SACELE 59 VESTEM Bilea Lac RISNOV E81 HATEG GALATI 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti E79 Pui Voiteg PREDEAL Cheia 73 Bran 68 Sarmisegetuza Nehoiu DETA Sendreni 1A Berzovia 58B 66 RIMNICU SARAT Garvan R ucar CARANSEBES E60 58 22 Balta Alba BRAILA 2B Smirdan Voineasa ManeciuPETROSANI 7A 22 7 Obirsia Lotrului SINAIA Saceni E574 Ungureni Movila Lacu Poienari ISACCEA MACIN URICANI 66A BOCSA E70 CIMPULUNG 7A Ciuta 10 71 Miresii Sarat MORAVITA Malaia RESITA COMAR NIC Cimpu Cislau Traian E87 BREZOI 7C Domnesti lui Neag TULCEA E79 Moroeni 73C 67A VALENII Carasova RIMNICU Ianca 22D Vernesti BUZAU Schitu 2B CernaNalbant Cataloi DE MUNTE 21 Golesti NOVACIPolovraci FAUREI VILCEA CURTEA FIENI 66 57 CIMPINA 73C DE ARGES E70 Horia 72A Gradinari 58 64 2B Cilibia HOREZU Bumbesti22 Jiu 67 Budau Runcu 22D 22A 1B Costesti 6 E574 BengestiMaldaresti BAILE OCNELE E577 57B ANINA 2C PLOIESTI 1 E87 MIZIL GOVORA MARI 7C Cimpu Mare 67 Ciucurova ORAVITA 57B E 81 T IR GOVIS T E Albesti Insuratei 73 Pogoanele 67D Topolog 67D Scoarta Babeni 22D BABADAG 72 TIRGU CARBUNESTI BAIA DE ARAMA 67 TIRGU JIU Dragomiresti I.L.Caragiale Iablanita Pieptani Rohman Naidas Bozovici PITESTI ROVINARI Caugagia 67B 22A 1D GIURGENI 65C Socol 57 BAILE HERCULANE 64 1A 72 71 Gradistea Pesteana-Jiu 7 E85 21A HIRSOVA Dobroteasa Grivita 57A Pojejana Topleta 67B Vedea E60 Scraiu 9 Cerbu Mihai URZICENI Floresti MOTRU Hurezani67B E7 Cringasi Viteazu GAESTI 2C COSTESTI E70 Brosteni Giulesti TANDAREI MOLDOVA NOUA ORSOVA 67 E 60 6 E7 3B 65A E 60 6 E60 TITU Amara 0 67A E87 DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea BUFTEA TURNU SEVERIN SLOBOZIA 2A E771 OTOPENI Bildana7 Tintareni E85 B alcesti 6 S imian 22 21 57 Pasarea 3 Lehliu STREHAIA 65 Ungheni Dragalina Branesti Fundulea FETESTI A1 3A Mihail A2 Lehliu 3A Crevedia Mare 56B Drajna FILIASI 65C K ogalniceanu Gara Ganeasa SLATINA 22B Capul Midia BUCURESTI Stefan Voda CERNAVODA E70 VINJU MARE NAVODARI Vlad Tepes 21 22C E79 BALS Clejani 3 Cuza Brincoveni Ovidiu CONSTANTA Adunatii-4 V oda B udesti 6 65A Copaceni Basarabi 61 3B CRAIOVA Minastirea Agigea 31 56A 64 Ghimpati CALARASI Corvin Calugareni Pietreni 3 EFORIE NORD Daneasa Greaca OLTENITA Cobadin ROSIORII Draganesti Vlasca 5B E70 39 Leu CARACAL Ostrov Baneasa EFORIE SUD E 70 DE VE DE E 675 6 41 Stoenesti 56 Rodovan COSTINESTI 5 Amzacea Cetate E79 6 6 NEPTUN Daia E87 JU 38 PITER ALEXANDRIA 55 E85 Negru voda VENUS Maglavit 54 SATURN 65A GIURGIU MANGALIA Smirdioasa E79 CALAFAT 52 Rast 55A CORABIA TURNU MAGURELE Vama Veche Dabuleni 5C 51 Bechet 54A E87 54 E70 51A ZIMNICEA LEGEND 1 E8 Finished highways E58 17 Highways in construction Ungheni Highways to be started in 2010-2011 17 17 E58 E576 17 Bors Highways in preparation Tg. Mures Albita Nadlac E6 0 Arad Deva Sibiu Brasov Timisoara Lugoj 6 Orastie E70 Ploiesti Pitesti FINISHED IN CONSTRUCTION ABOUT TO BE SIGNED UNDER AUCTION 334,40 KM 433,35 KM 25,62 KM 72,10 KM TOTAL 865,47 KM 1.344,54 MEUR 3.015,81 MEUR 131,57 MEUR 923,07MEUR Bucuresti Bucuresti 5414,99 MEUR Cernavoda Constanta E85 HIGHWAYS UNDER CONSTRUCTION 1 E8 Radauti Prut DARABANI 29A George Enescu Manoleasa E85 E81/E58 Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni 1C 19 Ralos Vicovu SIGHETU Livada Stanca Varful 29B Petea de Sus RADAUTI MARMATIEI 18 Cimpului Stefanesti BOTOSANI 1C OAS Feresti V ama Dorolf Sucevita Marginea2 29D 29C Seini 18 29A VISEU DE SUS Mara SATU MARE UrziceniE671 1C BAIA MARE 17A Moisei 29 Rutani Vatra E58 BAIA SPRIE Ilisesti Borsa Moldovitei Ardud Sacel AUTOSTRADA BRASOV – BORS E5 19 CAREI SUCEAVA 8 V ama Nicolae Balcescu Section Suplacu de Barcau – Bors 19A Cirlibaba 1F Satulung 28B Length: 64 km E85 Romuli E671 17D GURA HUMORULUI E81 Valea lui Mihai 18 Value: 1.928,14 mil. lei 6 CIMPULUNG Somcul Mare 7 FALTICENI Supuru de jos E5 MOLDOVENESC HIRLAU Constructor: Bechtel TUSNAD Rodna 17C Iacobeni 1C SCULENI Chiril Praxia Current status: in execution Rastoci Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA NASAUD VATRA 1H Sacueni 58 R uginoasa Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Supiacu E583 SILVANIEI 28A Vinatori Surduc Gilgau 1H 17D 28 de Bacau 1C TIRGU PASCANI 17C Nusfalau 15B Tihau Strunga TIRGU FRUMOS Borca Cracaoani NEAMT ZALAU Biharia IASI E60 P rundu B irgaului Miclauseni 1 1H Poiana BUCIUM E8 BISTRITA DEJ BORS 28 ORADEA Largului Romanasi 1 Dobreni Sabaoani GHERLA Sinmihaiu Almasului 15 24 28 Baile Felix ALESD E60 15C B OR S E C Deda Les 15D E576 ROMAN Zimbar 15 76 Dragesti NADLAC – ARAD connecting road Lot 1 – km E581 P IA T R A NE AMT B ICAZ A 0+000 – km 22+180 1 15D 1G 15 Inana TOPLITA Rascruci 15 NADLAC – ARAD and connection road 12C Tarcau Length : 22,218 km 12 ALB IT A E 79 E 671 V ulturesti NEGRESTI Lot 2 – km 22+180– km 38+882 Value : 474,87 mil. Lei 1F 24B Apahida Camarasu Ditrau HUEDIN 15 Length : SALONTA16,664 km Constructor: Asocierea Romstrade – 15D 16 Lacu Rosu REGHIN Value : 510,25 mil. LeiCopaceni 16 Monteadriano Engenharia e Construcao CLUJ NAPOCA Dimbu Joseni GHEORGHIENI Constructor: Alpine Bau GmbH Pocola HU SI – Donep Construct VASLUI 2F 79 status: in execution BUHUSI Current E60 BEIUS 24B Current status: in execution 13B 12 SecuieniDragomiresti 15 VARSAND Ghimes-Faget SOVATA Sindominic BACAU Crasna TIRGU CIMPIA TURZII 12A 79A CHISINEU-CRIS TURDA corteni MURES 13A Praid Buru Sirbi 24A MOINESTI2GS Arieseni Nadab 79A VASCAU NUCET Corund S anduleni E 81 60 Albac E INEU ORASTIE – SIBIU si Bypass SEBES 15 DEVA – ORASTIE COMANESTI 75 – km 43+855 ORASTIE – SIBIU si Bypass SEBES 13A Iernut Singeorgiu Lot 2Lupsa –km 24+100 76 Balauseri E581 E574 E85 Darmanesti Length : 32,80 km VLAHIT A Lot 3 – km 43+855 – km 65+965 Lupeni Falciu Length : 19,74 km MIERCUREA CIUC TIRGU Miraslau Value : 945,13 mil. lei E671 Zorleni Length : 22,11 TIRNAVE NI km 13 BIRLAD CIMPENI Value (VAT included): 468,45 mil. Lei OCNA Constructor: 79A Strabag AG / Strabag 24A VirfurileSRL / Sinmartin D SRL ODORHEIU ONESTI Value Lei Turnu ABRUD Constructor: Asocierea Straco AIU Grup 14A (VAT included): 749,94 SIGHISmil. OAR A E68 Podu Turcu SLANIC 12B SECUIESC Straco Grup Murgeni Gurahont 11A Constructor: Impregilo SpA Cozmeni NADLAC Studio Corona SRL Civil Engineering MOLDOVA Current status: in execution 74 Bucium 26 Blajel E79 Oituz Current status: in execution 11A 7 14 DUMBRAVENI Teius 14B BRAD Buces BAILE TUSNAD Cenad Paulis 11B 11 ADJUD ALBA IULIA ARAD 1 MEDIAS E68 BLAJ SINNICOLAU 14B Capruta COPSA MICA Criscior E581 69 74 Bretcu LIPOVA 6 MARE ZLATNA RUPEA E85 TIRGU Vinga Axente Sever Lovrin SECUIESC Gara Berheci Lepsa Oancea Savirsin 76 Hoghiz 12 2D Ortisoara 59C 7 14 Vidra 24 ILIA MARASESTI SFINTU 7 13 Soimus Biled E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES FAGARASSercaia JIMBOLIA E68 E673 SIMERIA Carpinis Voila 2D DEVA 11 Reci 57C 1 Foltesti Cosava E70 ORASTIE 68A 59A SIBIU 68B Chichis E68 E68 Sinca 26 TIMISOARA 1 Sugag CODLEA Prejmer INTORSATURA FOCSANI V eche Cirtisoara 1/7 Hanu Conachi HUNEDOARA Avrig CALAN BUZAULUI BRASOV 10 73A LUGOJ Talmaciu 25 66 Tulucesti 59B SACELE 59 VESTEM Bilea Lac RISNOV E81 HATEG GALATI 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti E79 Pui Voiteg PREDEAL Cheia 73 Bran 68 Sarmisegetuza Nehoiu Sendreni 1A Berzovia 58B TIMISOARA - LUGOJ DETA 66 RIMNICU SARAT Garvan LUGOJ - DEVA ORASTIE – SIBIU and Bypass SEBES R ucar CARANSEBES E60 58 22 Balta Alba BRAILA 2B Smirdan Lot 1 – km 44+500 – km 54+000 Voineasa ORASTIE –OS SIBIU SEBES ManeciuLot 1 Lugoj – Dumbrava, PETR ANI si Bypass 7A 22 4 – km 65+965 – 7 km 82+070 ObirsiaLot Lotrului SINAIA Saceni E574 Ungureni Length : 9,5 km Lacu Lot 1 U –R km 0+000 – km 24+100 AUTOSTRADA BUCURESTI – Movila PLOIESTI km 0+000 Poienari ISACCEA MACIN ICANI BOCS A – km 27+400 Length : 16,1 km E70 66A CIMP U L U NG S arat 7A Ciuta 71 Miresii Value (VAT included): 260,86 mil. Lei Length : 24,1 km Length: 27,4 km 10 Section Moara Vlasiei – Ploiesti Value (VAT included): 601,2 mil. Lei MORAVITA Malaia R E S IT A COMAR NIC Cimpu Cislau Traian E87 Constructor: Asocierea Spedition UMB Value (VAT included): 683,29 mil. Lei Length : 42,5 km BREZOI Value (VAT included): 844,49 mil. Lei SpA7C – Domnesti lui Neag TULCEA E79 Moroeni 73C 67A Constructor: Asocierea Astaldi VALENII SRL – Technostrade SRL – Carena SpA CarasovaAsocierea Tirena Scavi SpA – Constructor: SC STRABAG SRL which 14,29 km open to traffic since December 2011 RIMNICUSA Ianca Constructor: 22D VernestiOut of Schitu B U Z AU Euroconstruct ‘98 SRL – Astalrom 2B CernaNalbant Cataloi DE MUNTE 21 Golesti NOVACIPolovraci FAU Impresa de Construzioni VILCEA CURTEA Current status: in execution Value : 1073,8 mil. leiREI per Condotte d’Acqua SpA – FIENI 66 57 Societa Italiana Current status: in execution CIMPINA 58 73C DE ARGES Horia Current status: in execution E70 72A Gradinari 64 2B Cilibia Constructor: UMB, PA&CO, Com-Axa,Euroconstruct HOREZU Cossi Constructioni Bumbesti22 Jiu 67 Budau Current status: in execution Current status: in execution Runcu 22D 22A 1B Costesti 6 E574 BengestiMaldaresti BAILE OCNELE E577 57B ANINA 2C PLOIESTI 1 E87 MIZIL GOVORA MARI 7C Cimpu Mare 67 Ciucurova ORAVITA 57B E 81 T IR GOVIS T E Albesti Insuratei 73 Pogoanele 67D Topolog 67D Scoarta Babeni 22D BABADAG 72 TIRGU CARBUNESTI BAIA DE ARAMA 67 TIRGU JIU CERNAVODA – CONSTANTA Dragomiresti I.L.Caragiale Iablanita Pieptani Rohman Naidas Bozovici PITESTI Section Medgidia - Constanta ROVINARI AUTOSTRADA BUCURESTI – NI PLOIESTI Caugagia 67B 22A 1D GIURGE 65C Socol 57 BAILE HERCULANE 64 1A 72 Constructor: Astaldi – Max Bogl 71 Section Bucuresti – Moara Gradistea Pesteana-Jiu 7 E85 21A Vlasiei HIRSOVA Dobroteasa Grivita 57A Pojejana Topleta Length : 31,5 km 67B Vedea E60 Length : 19,5 km Scraiu 9 MOT R U Cerbu Mihai URZICENI Value : 1031,72 mil. lei Floresti Hurezani67B E7 Out of which 17,56 km open to traffic since Cringasi Viteazu GAE S T I 2C COS T E S T I B rosteni Giulesti T ANDAR E I E 70 MOLDOVA NOUA ORSOVA 67 September 2011 E60 Constructor: Pizzarotti & Tirrena 3B Scavi E7 65A E60 66 E60 TITU Amara 0 67A Value : 709,3 mil. Lei Current status: in execution E 87 DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea B U FT E A Current status: in execution TURNU SEVERIN SLOBOZIA 2A E771 OT OP E NI B ildana Tintareni 7 E85 B alcesti 6 S imian 22 21 57 Pasarea 3 Lehliu STREHAIA 65 Ungheni Dragalina Branesti Fundulea FETESTI A1 3A Mihail A2 Lehliu 3A Crevedia Mare 56B Drajna FILIASI 65C Kogalniceanu Gara Ganeasa SLATINA 22B Capul Midia BUCURESTI Stefan Voda CERNAVODA E70 VINJU MARE NAVODARI Vlad Tepes 21 22C E79 BALS Clejani 3 Cuza Brincoveni Ovidiu CONSTANTA Adunatii-4 V oda B udesti 6 65A Copaceni Basarabi 61 3B CRAIOVA CERNAVODA Minastirea– CONSTANTA Agigea 31 56A 64 Ghimpati Corvin Section Cernavoda - MedgidiaCALARASI Calugareni Pietreni 3 EFORIE NORD Length Daneasa NITA : 20,49 km Greaca OLTE Cobadin ROSIORII Draganesti Vlasca 5B E70 39 Leu CARACAL Ostrov Baneasa Value : 618,51 mil. lei EFORIE SUD E 70 DE VE DE E 675 6 41 Current status: auction finalized Stoenesti 56 Rodovan COSTINESTI 5 Amzacea Cetate E79 6 Constructor : Asocierea Astaldi-Max Boegl 6 NEPTUN Daia E 87 38 JUPITER Current status: in execution ALEXANDRIA 55 E85 Negru voda VENUS Maglavit 54 SATURN 65A GIURGIU MANGALIA Smirdioasa E79 CALAFAT 52 Rast 55A CORABIA TURNU MAGURELE VARIANTA DE OCOLIRE CONSTANTA Vama Veche Dabuleni 5C 51 Constructor: FCC Construction / Astaldi Bechet 54A E87 54 E70 51A Length : 22,1 km ZIMNICEA E58 17 6 E6 0 17 17 E58 E576 17 E70 Bucuresti LEGEND Highways under construction Length: 346,07 KM Value: 2.757,46 MEUR E85 Out of which 10,88 km open to traffic since September 2011 Value : 521,03 mil. lei Current status: in execution NATIONAL ROADS REHABILITATION WITH AGREEMENTS OF CONSTRUCTION SIGNED IN SEPT. 2010 – JAN. 2012 PERIOD E85 E81/E58 1 E8 Radauti Prut DARABANI 29A George Enescu Manoleasa Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni DN 18, Baia Mare – Sighetu Marmatiei, 1C 19 Ralos Vicovu SIGHETU Livada Stanca Varful 29B de Sus RADAUTI MARMATIEI 18 Km 3+522 – km 62+234 Petea Cimpului Stefanesti BOTOSANI 1C OAS Feresti 18 V ama Sucevita Marginea2 29D 29C Constructor: Aktor SA Dorolf Seini 18 29A VISEU DE SUS Mara SATU MARE DN 29, SUCEAVA – BOTOSANI Value : 53,85 MUEUR rziceniE671 1C BAIA MARE 17A Moisei 29 Rutani Vatra E58 KM 0+000 – KM 39+071 BAIA SPRIE Ilisesti Length : 58,7 km Borsa Moldovitei Ardud Sacel E5 19 CAREI SUCEAVA 8 Vama Nicolae Balcescu Constructor: 19A Current status: in execution Cirlibaba 1F Satulung 28B E85 Romuli E671 As. SC SPEDITION UMB, Technostrade, ARCADA 17D GU R A H U MOR U L U I E81 Valea lui Mihai 18 6 CIMPULUNG Somcul Mare 7 DN 1H, Zalau - Alesd FALTICENI Supuru de jos E5 MOLDOVENESC Company SA, SC Consitrans HIRLAU TUSNAD Rodna DN 18, Sighetu Marmatiei – Moisei, 17C Iacobeni 1C SCULENI Chiril P raxia Lot 2 – km 26+510 – km 69+334 Value : 38,25 M EUR Km 62+234 –Rastoci km 131+627 Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA Constructor: Asocierea SC SPEDITION UMB SRLLength : 39,07 KM NASAUD VATRA 1H Sacueni 58 R uginoasa Constructor: Spedition UMB Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Supiacu E 583 Tehnostrade SILVANIEI 28A Current status : in execution Vinatori SurducMGilgau 1H 17D 28 Value: 40,28 EUR1C de Bacau DN 18, Moisei –15B Iacobeni, TIRGU PASCANI TIRGUFRUMOS 17C Nusfalau1H Value (VAT included): 25,66 M EUR Tihau Strunga B orca ZALAU Biharia Length : 69,3 km Cracaoani NEAMT IASI km 131+627 – km 220+088 E60 P rundu B irgaului Miclauseni 1 1H Poiana Length : 42,824 KM BORS BUCIUM E8 BISTRITA DEJ 28 ORADEA Current status: in execution Largului Constructor: Saphir Structures Romanasi 1 Stadiul actual: in execution Dobreni Sabaoani DN 24 / DN 24B, Limita jud. Galati/Vaslui GHERLA Sinmihaiu Almasului 15 24 28 Value: 100,40 M EUR Baile Felix ALESD E60 15C B OR S E C Deda Les 15D Crasna – Albita E576 ROMAN Zimbar 76 Dragesti Length : 15 88,46 km E581 P IA T R A NE AMT B ICAZ A 1 15D 1G LOT 3–DN 24B, km 22+000 – km 47+881 15 Inana TOPLIT A Rascruci 15 Tarcau Current status: in execution 12C 15A 12 ALB IT A E79 E671 V ulturesti Constructor: Asocierea SC Spedition UMB NEGRESTI DN 15A, Reghin – Saratel 1F 24B Apahida Camarasu Ditrau HUEDIN 15 15D 16 DN 1H, Zalau - Alesd SALONTA L acu R osu SRL - Tehnostrade km 0+000 – km 46+597 REGHIN Copaceni 16 CLUJ NAPOCA Dimbu Lot 1 – km 0+000 – km 26+510 24B Value : 21,02 M EUR Joseni GHEORGHIENI Pocola HU S I DN 15, Reghin – Tg. Mures VASLUI 2F 79 B U H U S I E 60 BEIUS 24B 13B Constructor: Asocierea OHL ZS – PEYBER Length : 25,8 KM 12 SecuieniDragomiresti km 78+800 – km 103+700 15 15 VARSAND Ghimes-Faget S OV AT A HISPANICA SL – SC Societatea de intretinere si Current status: in execution Constructor: Strabag AG BACAU DNSindominic 24 / DN 24B,12A Limita jud. Galati/Vaslui Crasna TIRGU CIMPIA TURZII TURDA P raid corteni reparatii Drumuri Timisoara 79A CHISINEU-CRIS MU R E S 2GS 13A Buru Value Sirbi 24A MOINESTI Crasna – Albita Arieseni: 38,80 M EUR Nadab 79A VASCAU NUCET Corund S anduleni Value : 21,41 M EUR E 81 60 Albac E INEU Length : 71,5 KM 15 LOT 2 – DN 24, km COMANE 90+000 STI – km 105+070 13A 75 Iernut E85 Lupsa Singeorgiu 76 Length : 26,51 KM Balauseri E581 24 E574 Darmanesti km VLAHITA Current status: in execution DN 24B, 22+000 Lupeni Falciu MIER CUREAkm CIUC0+000 – TIRGU Miraslau 671 Zorleni 13 Stadiul actual: in Eexecution TIRNAVENI BIRLAD CIMPENI OCNA Constructor: Asocierea SC Spedition UMB 79A 24A Virfurile Sinmartin AIUD ODORHEIU ONE S T I T urnu AB R U D 14A SIGHISOARA E68 Podu Turcu SLANIC 12B SECUIESSRL C Murgeni Tehnostrade Gurahont 11A Cozmeni NADLAC MOLDOVA Bucium 26 Blajel E79 Sibiu – 74 OituzM EUR 11A 7 Value : TUSNAD 23,38 DN 14, Medias – Sighisoara 14 DUMBRAVENI Teius 14B BRAD Buces BAILE Cenad Paulis 11B 11 ADJUD ARAD MEDIAS Length : 37 KM km 3+500 – km 51+100ALBA IULIA 1 E68 BLAJ SINNICOLAU 14B Capruta COPSA MICA Criscior E581 69 74 LIPOVA 6 MARE ZLATNA : GU Bretcu in execution km 57+500 – km 89+400 RUPEA Current statusTIR E85 Vinga Axente Sever Lovrin SECUIESC Gara Berheci Lepsa Oancea Savirsin Constructor: 76 Strabag SA Hoghiz 12 2D Ortisoara 59C 7 14 Vidra 24 MARASESTI SFINTU 7 Value ILIA : 38,78 M EUR 13 14 Soimus Biled E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES Length : 79,5 KM FAGARASSercaia JIMBOLIA E68 DN 73, Pitesti – Campulung E673 SIMERIA Carpinis Voila 2D – Brasov DEVA 11 Reci 57C 1 Foltesti Cosava Current status: E70 ORASTIE 68A 59A SIBIU 68Bin execution Chichis KM 13+800 – KM 42+850; E68 E68 Sinca 26 TIMISOARA 1 Sugag CODLEA Prejmer INTORSATURA FOCSANI V eche DN 73, DN 24 / DN 24B, Limita jud. Galati/Vaslui KM 54+050 – KM 128+250 Cirtisoara 1/7 Hanu Conachi HUNEDOARA Avrig CALAN BUZAULUI BRASOV 10 Constructor: As. AZVI SA – STRACO –25 73A LUGOJ Talmaciukm 7+000 and Enlargement to 4 lanes between Crasna – Albita 66 Tulucesti 59B SACELE 59 STEM 73DBilea Lac km 11+100 and connection roadE81 withVEDN RISNOV PIOMAR DEVELOPMENT – TRACTABEL GALATI LOT 1 – DN 24, km 51+000 – km 90+000 HATEG 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti Constructor: Genesis & Straco Constructor: Asocierea SC Spedition UMB E79 Pui Voiteg PREDEAL CheiaENGINEERING, lider Asociatie AZVI SA 73 Bran 68 Sarmisegetuza Value : 131,24 M EUR DETA Sendreni SRL - Tehnostrade 1A ValueNehoiu Berzovia 58B 66 : 62,56 M EUR RIMNICU SARAT Garvan Rucar CARANSEBES E60 58 22 Balta Alba BRAILA 2B Value Length: 7,287AKMObirsia LotruluiVoineasa 7 Maneciu22,03 M EUR Length : 103,25 KM Smirdan : 22 P E T R OS ANI SINAIA Saceni E574 Ungureni Movila Lacu Poienari ISACCEA MACIN URICANI BOCSA E70 Current 66A status : in execution 7A Length : 39 KM Current status : in execution CIMPULUNG Ciuta 10 71 Miresii Sarat MORAVITA Malaia RESITA COMAR NIC Cimpu Cislau Traian E87 BREZOI Current status: 7C Domnesti lui Neag TULCEA in execution E79 Moroeni 73C 67A VALENII Carasova RIMNICU Ianca 22D Vernesti BUZAU Schitu Cataloi 2B CernaNalbant DE MUNTE 21 Golesti NOVACIPolovraci FAUREI VILCEA CURTEA DN 6,66Alexandria – Craiova FIENI 57 CIMPINA 73C DE ARGES E70 Horia 72A Gradinari 58 64 2B Cilibia EZU umbesti22 Lot 3 –BJiu km 185+230HOR – km 222+182 67 DN 71, Baldana – Targoviste – Budau Costesti Runcu 22D 22A 1B 6 E 574 B engesti ANINA BAILE Romania E577 OCNELE 57B Constructor: Secol Maldaresti SPA – Secol 2C PLOIE STI 1 E87 Sinaia MIZIL GOVORA MARI 7C Cimpu Mare 67 Ciucurova ORAVITA 57B E 81 T IR GOVIS T E Albesti Insuratei SRL Scoarta 73 67D Topolog 67D Babeni 22D BABADAG 72 Length: 102,99 kmPogoanele TIRGU CARBUNESTI BAIA DE ARAMA 67 Value TIRGU:JIU Dragomiresti I.L.Caragiale Iablanita 35,24 M EUR Pieptani Rohman Naidas Bozovici Value : 72,83 M EUR PITESTI ROVINARI Caugagia 67B 22A 1D GIURGENI 65C36,952 Socol 57 BAILE HERCULANE 64 Length : KM 1A 72 71 Gradistea Constructor:Spedition UMB/ Grivita 21A Pesteana-Jiu 7 E85 HIRSOVA Dobroteasa 57A Pojejana Topleta E60 Scraiu Stadiul in execution67B Vedea Cerbu 9 actual: MihaiDN 21, URZICENI Consitrans/ IPTANA Floresti MOTRU Hurezani67B E7 Cringasi Viteazu GAESTI 2C COSTESTI E70 Brosteni Giulesti TANDAREI MOLDOVA NOUA ORSOVA 67 E 60 km 70+900 – km 87+850 6 Current status : in execution E7 3B 65A E 60 6 E60 TITU Amara 0 67A E87Length: 16,95 km DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea BUFTEA TURNU SEVERIN SLOBOZIA 2A E771 OT OP E NI B ildana Tintareni Value: 11,11 M EUR DN 6, Alexandria – Craiova 7 E85 Balcesti Simian 6 22 21 57 DN 5, Bucuresti Pasarea 3 Lehliu – Adunatii Copaceni STREHAIA Ungheni Lot 1 –65km 90+190 – km 132+435 Dragalina Branesti FETESTI Fundulea – km 19+220 A1 km 7+573 3A Mihail A2 Lehliu 3A Crevedia Mare 56B Drajna FILIASI 65C K ogalniceanu Constructor: Shapir Structures 1991 Gara Ganeasa SLATINA 22B Capul Midia BUCUREST I Stefan Voda Constructor: SC ROMSTRADE SA CERNAVODA E70 VINJU MARE NAVODARI Value : 41,53 M EUR Vlad Tepes 21 22C Value : E79 BALS Clejani 3 Cuza 19,11 M EUR Brincoveni Ovidiu CONSTANTA Adunatii-4 Length : 42,245 KM V oda B udesti 6 65A Copaceni Length : Basarabi 11,647 KM 61 3B CRAIOVA Minastirea Agigea Current status : in execution 31 56A 64 Ghimpati CALAR ASI Corvin in execution Calugareni Current status : Pietreni 3 EFORIE NORD Daneasa Greaca OLTENITA Cobadin ROSIORII Draganesti Vlasca 5B E70 39 Leu CARACAL Ostrov Baneasa EFORIE SUD E 70 DE VE DE E 675 6 41 Stoenesti 56 Rodovan COSTINESTI 5 Amzacea Cetate E79 6 6 NEPTUN Daia E87 JU 38 PITER ALEXANDRIA DN 55 E 85 6, Alexandria – Craiova Negru voda VENUS Maglavit 54 SATURN 65A GIURGIU Lot 2 – km 132+435 – km 185+230 DN 56, Craiova – Galicia Mare MANGALIA Smirdioasa E79 CALAFAT 52 Rast Constructor: Asocierea Romstrade – 55A – 47+000 Km 0+000 CORABIA TURNU MAGURELE Vama Veche Dabuleni 5C 51 Ezentis – Euroconstruct Trading 98 SRL Length: 47 km Bechet 54A E87 54 E70 51A Value: 40,32 M EUR ZIMNICEA Value: 75,3 M EUR E58 17 6 E6 0 17 17 E58 E576 17 E70 Rehabilitation DN, with agreements signed: (Sept. 2010 – Jan. 2012): •Length: 1076,23 KM •Value (VAT included): 938,02 MEURO Out of which: Financing from ERDF Length: Value (VAT included): 314,78 KM 249,69 MEURO Financing from the State Budget Length: Value (VAT included): 269,54 KM 284,08 MEURO Financing from EIB Length: Value (VAT included): 491,91 KM 405,03 MEURO Constructor: DELTA ACM 93 Current status: in execution E85Length: Current status: 52,8 KM in execution Radauti Prut DARABANI 29A George Enescu Manoleasa E85 E81/E58 Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni 1C 19 Ralos Vicovu SIGHETU Livada Stanca Varful 29B Petea de Sus RADAUTI MARMATIEI 18 Cimpului Stefanesti BOTOSANI 1C OAS Feresti V ama Dorolf Sucevita Marginea2 29D 29C Seini 18 29A VISEU DE SUS Mara SATU MARE UrziceniE671 1C BAIA MARE 17A Moisei 29 Rutani Vatra E58 BAIA SPRIE Ilisesti Borsa Moldovitei Ardud Sacel E5 19 CAREI SUCEAVA 8 Vama Nicolae Balcescu 19A Cirlibaba 1F Satulung 28B E85 Romuli E671 17D GURA HUMORULUI E81 Valea lui Mihai 18 6 CIMPULUNG Somcul Mare 7 FALTICENI Supuru de jos E5 MOLDOVENESC HIRLAU TUSNAD Rodna 17C Iacobeni 1C SCULENI Chiril Praxia Rastoci Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA NASAUD VATRA 1H Sacueni 58 R uginoasa Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Supiacu E583 SILVANIEI 28A Vinatori Surduc Gilgau 1H 17D 28 de Bacau 1C TIRGU PASCANI 17C Nusfalau 15B Tihau Strunga TIRGU FRUMOS Borca Cracaoani NEAMT ZALAU Biharia IASI E60 P rundu B irgaului Miclauseni 1 1H Poiana BUCIUM E8 BISTRITA DEJ BORS 28 ORADEA Largului Romanasi 1 Dobreni Sabaoani GHERLA Sinmihaiu Almasului 15 24 28 Baile Felix ALESD E60 15C B OR S E C Deda Les 15D E576 ROMAN Zimbar 15 76 Dragesti E581 DN 24, Crasna –Iasi, P IA T R A NE AMT B ICAZ A 1 Km 105+700 – km 197+040 15D 1G 15 Inana TOPLITA Rascruci 15 12C Tarcau 12 ALB IT A E79 E671 Length: 77,45 km V ulturesti NEGRESTI 1F 24B Apahida Camarasu Ditrau HUEDIN 15 15D 16 Value SALONTA L acu R osu DN 76, Beius Oradea REGHIN Copaceni 16 OCA Dimbu Joseni GHEORGHIENI km 133+660 –CLU kmJ NAP 184+390 Pocola HUSI VASLUI 2F 79 B U H U S I E 60 BEIUS 24B 13B Length: 50,73 km 12 SecuieniDragomiresti 15 VARSAND Ghimes-Faget SOVATA Value: 66,75 M EUR Sindominic BACAU Crasna TIRGU CIMPIA TURZII 12A 79A CHISINEU-CRIS TURDA P raid corteni MU R E S 2GS 13A Buru Sirbi 24A MOINESTI Arieseni Nadab 79A VASCAU NUCET Corund Sanduleni E81 Albac E60 INEU 15 COMANESTI 13A 75 Iernut Lupsa Singeorgiu 76 Balauseri E581 E574 E85 Darmanesti VLAHIT A Lupeni Falciu MIERCUREA CIUC TIRGU Miraslau E671 Zorleni 13 TIRNAVENI BIRLAD CIMPENI OCNA 79A 24A Virfurile Sinmartin AIUD ODORHEIU ONESTI Turnu ABRUD 14A SIGHISOARA E68 Podu Turcu SLANIC 12B SECUIESC Murgeni Gurahont 11A Cozmeni NADLAC DN 76, Stei - Beius MOLDOVA 74 Bucium 26 Blajel E79 Oituz 11A 7 14 DUMBRAVENI Teius –14B BRAD Buces BAILE TUSNAD Cenad Km 102+660 km 133+660 Paulis 11B 11 ADJUD ALBA IULIA ARAD 1 MEDIAS DN 25, Tecuci – Sendreni, E68 B LAJ SINNICOLAU Length: 14B Capruta COPSA MICA Criscior E581 69 74 31 km Bretcu LIPOVA 6 MARE ZLATNA Km 0+000 – km 68+130 RUPEA E85 TIRGU Vinga Axente Sever Value: 39,96 M EUR Lovrin SECUIESC Gara Berheci L epsa Oancea Length: 64,63 km Savirsin 76 Hoghiz 12 2D Ortisoara 59C 7 14 Vidra MARASESTI 24 ILIA SFINTU Value: 71,58 M EUR 7 13 Soimus Biled E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES FAGARASSercaia JIMBOLIA E68 E673 SIMERIA Carpinis Voila 2D DEVA 11 Reci 57C 1 Foltesti Cosava E70 ORASTIE 68A 59A SIBIU 68B Chichis E68 E68 Sinca 26 TIMISOARA 1 Sugag CODLEA Prejmer INTORSATURA FOCSANI V eche Cirtisoara 1/7 Hanu Conachi HUNEDOARA Avrig CALAN BUZAULUI BRASOV 10 73A LUGOJ Talmaciu 25 66 Tulucesti 59B SACELE 59 VESTEM Bilea Lac RISNOV E81 HATEG GALATI 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti E79 Pui Voiteg PREDEAL Cheia 73 Bran 68 Sarmisegetuza Nehoiu DETA Sendreni 1A Berzovia 58B 66 RIMNICU SARAT Garvan R ucar CARANSEBES E60 58 22 Balta Alba BRAILA 2B Smirdan Voineasa ManeciuPETROSANI 7A 22 7 Obirsia Lotrului SINAIA Saceni E574 Ungureni Movila Lacu Poienari ISACCEA MACIN URICANI 66A BOCSA E70 CIMPULUNG 7A Ciuta 10 71 Miresii Sarat MORAVITA Malaia RESITA COMAR NIC Cimpu Cislau Traian E87 BREZOI 7C Domnesti lui Neag TULCEA E79 Moroeni 73C 67A VALENII Carasova RIMNICU Ianca 22D Vernesti BUZAU Schitu 2B CernaNalbant Cataloi DE MUNTE 21 Golesti NOVACIPolovraci FAUREI VILCEA CURTEA FIENI 66 57 CIMPINA 73C DE ARGES E70 Horia 72A Gradinari 58 64 2B Cilibia HOREZU Bumbesti22 Jiu 67 Budau Runcu 22D 22A 1B Costesti 6 E574 BengestiMaldaresti BAILE OCNELE E577 57B ANINA 2C PLOIESTI 1 E87 MIZIL GOVORA MARI 7C Cimpu Mare 67 Ciucurova ORAVITA 57B E 81 T IR GOVIS T E Albesti Insuratei 73 Pogoanele 67D Topolog 67D Scoarta Babeni 22D BABADAG 72 TIRGU CARBUNESTI BAIA DE ARAMA 67 TIRGU JIU Dragomiresti I.L.Caragiale Iablanita Pieptani Rohman Naidas Bozovici PITESTI ROVINARI Caugagia 67B 22A 1D GIURGENI 65C Socol 57 BAILE HERCULANE 64 1A 72 71 Gradistea Pesteana-Jiu 7 E85 21A HIRSOVA Dobroteasa Grivita 57A Pojejana Topleta 67B Vedea E60 Scraiu 9 Cerbu Mihai URZICENI Floresti MOTRU Hurezani67B E7 Cringasi Viteazu GAESTI 2C COSTESTI E70 Brosteni Giulesti TANDAREI MOLDOVA NOUA ORSOVA 67 E 60 6 E7 3B 65A E 60 6 E60 TITU Amara 0 67A E87 DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea BUFTEA TURNU SEVERIN SLOBOZIA 2A E771 OTOPENI Bildana7 Tintareni E85 B alcesti 6 S imian 22 21 57 Pasarea 3 Lehliu STREHAIA 65 Ungheni Dragalina Branesti Fundulea FETESTI A1 3A Mihail A2 Lehliu 3A Crevedia Mare 56B Drajna FILIASI 65C K ogalniceanu Gara Ganeasa SLATINA 22B Capul Midia BUCURESTI Stefan Voda CERNAVODA E70 VINJU MARE NAVODARI Vlad Tepes 21 22C E79 BALS Clejani 3 Cuza Brincoveni Ovidiu CONSTANTA Adunatii-4 V oda B udesti 6 65A Copaceni Basarabi 61 3B CRAIOVA Minastirea Agigea 31 56A 64 Ghimpati CALARASI Corvin Calugareni Pietreni 3 EFORIE NORD Daneasa Greaca OLTENITA Cobadin ROSIORII Draganesti Vlasca 5B E70 39 Leu CARACAL Ostrov Baneasa EFORIE SUD E 70 DE VE DE E 675 6 41 Stoenesti 56 Rodovan COSTINESTI 5 Amzacea Cetate E79 6 6 NEPTUN Daia E87 JU 38 PITER ALEXANDRIA 55 E85 Negru voda VENUS Maglavit 54 SATURN 65A GIURGIU DN 56, Galicia Mare - Calafat MANGALIA Smirdioasa E79 CALAFAT 52 Rast Km 47+000 – 84+020 55A CORABIA TURNU MAGURELE Vama Veche Dabuleni 37,02 km 5C 51 Length: Bechet 54A E87 E70 51A Value: 44,09 M EUR 54 ZIMNICEA NATIONAL ROADS REHABILITATION WITH AUCTIONS IN PROGRESS 1 E8 E58 17 6 E6 0 17 17 E58 E576 17 E70 Rehabilitation DN, under auction: •Length: 183,38 KM •Value (VAT included): 222,38 MEURO Out of which: Financing from the State Budget Length Value (VAT included): Financing from EIB Length Value (VAT included): 64,63 KM 71,58 M EURO 118,75 KM 150,80 M EURO E85 ROADS / BRIDGES / PASSAGES DIVERSIONS WITH AGREEMENTS OF CONSTRUCTION E85 2012 SIGNED IN SEPT. 2010 – JAN. E81/E58 1 E8 Radauti Prut DARABANI 29A George Enescu Manoleasa Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni 1C diversion 19 CAREI Ralos Vicovu Road SIGHETU Livada Stanca Varful 29B Petea de Sus RADAUTI MARMATIEI Cimpului Stefanesti Road diversion SACUIENI Length: 10,46 KMFeresti 18 BOTOSANI 1C OAS V ama Road diversion Dorolf Sucevita Marginea2 29D RADAUTI 29C Seiniincluded): 18 Length: 7,62KM 29A Value (VAT 11,36 M EUR VISEU DE SUS Constructor: SC SPEDITION UMB+Technostrade Mara SATU MARE UrziceniE671 Value (VAT included): 9,45 M EUR BAIA MARE 1C agreement 17A Current status: of constructionMoisei about to 29 Rutani LengthE:58 16,579 KM Vatra BAIA SPRIE Ilisesti Borsa Moldovitei Current status: agreement of construction Ardud Sacel E5 be signed 19 CAREI SUCEAVValue A 8 Vama Balcescu 24,21 M EUR (VATNicolae included): 19A Cirlibaba 1F about to be signed Satulung 28B E85 Current status: in execution Romuli E671 17D GURA HUMORULUI E81 Valea lui Mihai 18 Somcul Mare 76 CIMPULUNG FALTICENI Supuru de jos E5 MOLDOVENESC HIRLAU TUSNAD Rodna 17C Iacobeni SCULENI Chiril Praxia Uneven1C passage on DN19 la Moftin Rastoci Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA Constructor: Betonut ZRT&AlfaromNASAUD VATRA 1H Sacueni 58 R uginoasa Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Length: 0,123 km Supiacu E583 SILVANIEI 28A Vinatori Surduc Gilgau 1H 17D 28 de Bacau 1C TIRGU PASCANI 17C Nusfalau Value: 15B Tihau4,54 M EUR Strunga TIRGU FRUMOS Borca Cracaoani NEAMT ZALAU Biharia IASI E60 P rundu B irgaului Miclauseni 1 1H execution Poiana BUCIUM E8 Current status: in BISTRITA DEJ ORS 28 ORKM ADEA540 Largului Uneven passage on the road diversion BArad (DN7, Romanasi 1 Dobreni Sabaoani GHERLA Sinmihaiu Almasului 15 24 28 +248) over CF Arad - Bucuresti Baile Felix ALESD E60 15C B OR S E C Deda Les 15D E576 ROMAN Zimbar 15 76 Dragesti E581 Constructor: SC Confort SA Timisoara &SC Vel Service SA P IA T R A NE AMT Uneven passage on the road diversion Arad overCF B ICAZ A 1 15D 1G 15 Inana TOPLITA Rascruci 15 Buc. 12C Tarcau 12 ALB IT A Brad - CF Curtici - DJ 709B E79 E671 V ulturesti NEGRESTI 1F Length: 0,72 KM 24B Apahida and Camarasu Ditrau HU EDIN 15 Constructor: SC CCCF Drumuri Poduri TImisoara 15D 16 SALONTA Lacu Rosu REGHIN Copaceni Value (VAT included): 8,1 M EUR 16 SRL CLUJ NAPOCA Dimbu Joseni GHEORGHIENI P ocola HU SI VASLUI Current status: in execution79 2F BUHUSI E60 Length: 1,37 KM BEIUS 24B 13B 12 SecuieniDragomiresti 15 VARSAND Ghimes-Faget SOVATA Value (VAT included): 7,18 M EUR Sindominic BACAU Crasna TIRGU CIMP IA TURZII 12A 79A CHISINEU-CRIS TURDA Current status: Buru in execution corteni MURES 13A Praid Sirbi 24A MOINESTI2GS Arieseni Nadab 79A VASCAU NUCET Corund Sanduleni E81 Albac E60 INEU 15 COMANESTI 13A 75 Iernut Lupsa Singeorgiu 76 Balauseri E581 E574 E85 Darmanesti VLAHIT A Lupeni Falciu MIERCUREA CIUC TIRGU Miraslau E671 Zorleni 13 TIRNAVENI BIRLAD CIMPENI OCNA 79A 24A Virfurile Sinmartin AIUD ODORHEIU ONESTI Turnu ABRUD 14A SIGHISOARA E68 Podu Turcu SLANIC 12B SECUIESC Murgeni Gurahont 11A Cozmeni NADLAC MOLDOVA 74 Bucium 26 Blajel E79 Oituz 11A 7 14 DUMBRAVENI Teius 14B BRAD Buces BAILE TUSNAD Cenad Paulis 11B 11 ADJUD ALBA IULIA ARAD 1 MEDIAS E68 BLAJ SINNICOLAU 14B Capruta COPSA MICA Criscior E581 69 74 Bretcu LIPOVA 6 MARE ZLATNA RUPEA E85 TIRGU Vinga Axente Sever Lovrin SECUIESC Gara Berheci Lepsa Oancea Savirsin 76 Hoghiz 12 2D Ortisoara 59C 7 14 Vidra 24 ILIA MARASESTI SFINTU 7 13 Soimus Biled E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES FAGARASSercaia JIMBOLIA E68 E673 SIMERIA Carpinis Voila 2D DEVA 11 Reci 57C 1 Foltesti Cosava E70 OR ASTIE Craiova Sud-Vest, 68A 59A SIBIU 68B Chichis E68 E68 Sinca 26 TIMISOARA 1 ugag CODLEA Prejmer INTORSATURA FOCSANI DN 56 – DN S55 – DN 6 1/7 V eche Cirtisoara Hanu Conachi HUNEDOARA Avrig CALAN BUZAULUI BRASOV 10 Length: 9,87Talmaciu KM 73A LUGOJ 25 66 Tulucesti 59B SACELE 59 STEM Value (VAT included): 17,28 MVEEUR Bilea Lac RISNOV E81 HATEG GALATI 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti E79 Pui Constructor: Asoc. SCT Bucuresti Voiteg PREDEAL Cheia 73 Bran 68 SA&Doprastrar Bridge over Dunare at Giurgeni Sarmisegetuza Nehoiu DETA Sendreni 1A Berzovia 58B 66 RIMNICU SARAT Garvan R ucar CARANSEBES E60 Current7Astatus: in execution, 58 pe DN 2A km 114+134 22 Balta Alba BRAILA 2B Smirdan Voineasa with ManeciuPETROSANI 22 7 Obirsia Lotrului SINAIA Saceni E574 U ngureni Bridge on DN 54, KM 67+774 over Sai and the new L acu Movila Poienari IS ACCEA agreement signed in December 2011 MACIN Constructor: Bilfinger Berger URICANI 66A BOCSA E70 CIMPULUNG 7A 71 Miresii Sarat 10 MORAVITA Malaia alternative route DNCiuta 54, Turnu Magurele, KM 65+950 – RESITA COMAR NIC Cimpu Cislau Baugesellsch AFT MBH Traian E87 BREZOI 7C Domnesti lui Neag TULCEA E79 Moroeni KM 70+600 73C 67A VALENII Carasova RIMNICU Ianca 22D Vernesti BUZAU Schitu Cataloi Length : 1,463 km 2B CernaNalbant DE MUNTE 21 Golesti NOVACIPolovraci FAUREI VILCEA CURTEA FIENI 66 57 CIMPINA Constructor: SC TELDRUM SA 2B 73C DE ARGES Value : 11,28 M EUR E70 Horia 72A Gradinari 58 64 HOREZU Cilibia Bumbesti22 Jiu 22A Length : 4,7 KM 67 Budau Runcu Current status: in execution 22D 1B Costesti 6 E574 BengestiMaldaresti Road diversion CARACAL BAILE OCNE E577 LE 57B ANINA 2C PLOIE STI 1 (VAT Value included): E87 MIZIL 6,72 M EUR GOVORA MARI 7C Cimpu Mare 67 Ciucurova ORAVITA 57B Constructor: ROMSTRADE E81 TIRGOVISTE Albesti 73 Pogoanele Insuratei 67D Topolog 67D Scoarta Current status: in execution Babeni 22D BABADAG 72 TIRGU CARBULength NESTI BAIA DE ARAMA 67 : 10,35 KM T IR GU JIU Dragomiresti I.L .Caragiale Iablanita Pieptani Rohman Naidas Bozovici PITESTI ROVINARI Caugagia 67B 22A 1D GIURGENI Value (VAT64included): 13,13 M EUR 65C Socol 57 BAILE HERCULANE 1A 72 71 Gradistea Pesteana-Jiu 7 E85 21A HIRSOVA Dobroteasa Grivita 57A Pojejana Current status: Topleta 67B Vedea in execution E60 Scraiu 9 MOT R U Cerbu Mihai URZICENI Floresti Hurezani67B E7 Cringasi Viteazu GAE S T I 2C COS T E S T I B rosteni Giulesti T ANDAR E I E 70 MOLDOVA NOUA ORSOVA 67 E60 E7 3B 65A E60 66 E60 TITU Amara 0 67A E87 DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea BUFTEA Modernization of the TURNU SEVERIN SLOBOZIA 2A E771 OTOPENI Bildana7 Tintareni E85Bucharest beltway B alcesti 6 S imian 22 21 57 Pasarea 3 Lehliu STREHAIA 65 Ungheni Branesti Fundulea – DN 73A Dragalina 3A FETESTI Bridge on DN 39 km SectionA1 A1 Mihail A2 Lehliu Crevedia Mare 56B Drajna FILIASI 65C K ogalniceanu Gara Capul Midia Ganeasa SLATINA 22B 8+988 la Agigea Constructor: Asoc. SDelta BUCUREST I tefan Voda CERNAVODA E70 VINJU MARE NAVODARI Vlad T epes 22C Constructor: Bilfinger Berger ACM 93&AZVIRT 3 Cuza21 E79 BALS Clejani Brincoveni Ovidiu CONSTANTA Adunatii-4 V oda Baugesellsch AFT MBH B udesti 6 65A Copaceni LLC&MAXIDESIGN Basarabi 61 3B CRAIOVA Minastirea Agigea 31 Length : 0,266 km Length: 8,7 km 56A 64 Ghimpati CALAR AS I Corvin Calugareni Pietreni 3 EFORIE NORD Daneasa OLTENIT A Greaca Value: 31,48 M EUR Cobadin ROSIORII Draganesti Vlasca 5B E70 39Value : 4,83 M EUR Leu CARACAL Ostrov Baneasa E FOR IE S U D E 70 DE VE DE E 675 6 Current status: in execution Current status: in execution 41 Stoenesti 56 Rodovan COSTINESTI 5 Cetate E79 6 Pod si viaducte peAmzacea DN 6 NEPTUN Road diversion CRAIOVA SUD Daia E87 JU 38 PITER 22C ALE XANDR IA 55 E 85 Negru voda VENUS Constructor: As. SECOL SpA/ SECOL Maglavit 54 SATURN 65A GIURGIU km 1+978 la Cernavoda MANGALIA Smirdioasa E79Romania 52 Rast CALAFAT Constructor: Arcada 55A Length : 6,28 KM Road diversion ALEXANDRIA CORABIA TURNU MAGURELE Vama Veche Dabuleni 5C 51 Company SA Value (VAT included): 13,95 M EUR Constructor: Bechet 54A E87 54 E70 SHAPIR STRUCTURES 1991 51A Length : 0,566 km ZIMNICEA Length : Current status: Works execution contract 13,276 KM E58 17 6 E6 0 17 17 E58 E576 17 E70 ROADS / BRIDGES/ PASSAGES DIVERSIONS WITH AGREEMENTS OF CONSTRUCTION SIGNED (Sept. 2010 – Jan. 2011): •Length: 92,33 KM •Value(VAT included): 191,16 MEURO Out of which: Financing from ERDF Length: Value(VAT included): 47,99 KM 63,50 MEURO Financing from the State Budget Length: 42,05 KM Value(VAT included): 99,50 MEURO Financing from EBRD Length: Value(VAT included): 2,30 KM 28,16 MEURO signed in 12.09.2011 E85 Value (VAT included): 15,60 M EUR Current status: in execution Value: 12,05 M EUR Current status: in execution ROADS / BRIDGES / PASSAGES DIVERSIONS WITH AUCTIONS COMPLETED OR INE85PROGRESS E81/E58 1 E8 Radauti Prut DARABANI 29A George Enescu Manoleasa Tarna 29 Mare 29C DOROHOI Sapinta SAVENI HALMEU SIRET Ungureni 1C 19 Ralos Vicovu SIGHETU Livada Stanca Varful 29B Petea de Sus RADAUTI MARMATIEI 18 Cimpului Stefanesti BOTOSANI 1C OAS Feresti V ama Dorolf Sucevita Marginea2 29D 29C Seini 18 29A VISEU DE SUS Mara SATU MARE UrziceniE671 1C BAIA MARE 17A Moisei 29 Rutani Vatra E58 BAIA SPRIE Ilisesti Borsa Moldovitei Ardud Sacel E5 19 CAREI SUCEAVA 8 Vama Nicolae Balcescu 19A Cirlibaba 1F Satulung 28B E85 Romuli E671 17D GURA HUMORULUI E81 Valea lui Mihai 18 6 CIMPULUNG Somcul Mare 7 FALTICENI Supuru de jos E5 MOLDOVENESC HIRLAU TUSNAD Rodna 17C Iacobeni 1C SCULENI Chiril Praxia Rastoci Cosbuc SINGEORZ-BAI 17B E583/E58 Sarmasag 19B MARGHITA NASAUD VATRA 1H Sacueni 58 R uginoasa Motoc E E 58 SIMLEU 1F P odu Iloaiei DORNEI Brosteni 15C JIBOU 19 Supiacu E583 SILVANIEI 28A Vinatori Surduc Gilgau 1H 17D 28 de Bacau 1C TIRGU PASCANI 17C Nusfalau 15B Tihau Strunga TIRGU FRUMOS Borca Cracaoani NEAMT ZALAU Biharia IASI E60 P rundu B irgaului Miclauseni 1 1H Poiana BUCIUM E8 BISTRITA DEJ BORS 28 ORADEA Largului Romanasi 1 Dobreni Sabaoani GHERLA Sinmihaiu Almasului 15 24 28 Baile Felix ALESD E60 15C B OR S E C Deda Les 15D E576 ROMAN Zimbar 15 76 Dragesti E581 P IA T R A NE AMT B ICAZ A 1 15D 1G 15 Inana TOPLITA Rascruci 15 12C Tarcau 12 ALB IT A E79 E671 V ulturesti NEGRESTI 1F 24B Apahida Camarasu Ditrau HUEDIN 15 15D 16 SALONTA Lacu Rosu REGHIN Copaceni 16 CLUJ NAPOCA Dimbu Joseni GHEORGHIENI Pocola HU SI VASLUI 2F 79 BUHUSI E60 BEIUS 24B 13B 12 SecuieniDragomiresti 15 VARSAND Targu Mures Ghimes-Faget SOVAT A Sindominic BACAU Crasna TIRGU Length : 11,6 KM CIMPIA TURZII 12A 79A CHISINEU-CRIS TURDA MURES 13A Praid 2GScorteni Buru Sirbi 24A Arieseni Nadab Value (VAT included): 29,18 M EUR MOINESTSI anduleni 79A VASCAU NUCET Corund E81 Albac E60 INEU 15 COMANESTI Current status: auction in progress 13A 75 Iernut Lupsa Singeorgiu 76 Balauseri E581 E574 E85 Darmanesti VLAHIT A Lupeni Falciu MIERCUREA CIUC TIRGU Miraslau E671 Zorleni 13 TIRNAVENI BIRLAD CIMPENI OCNA 79A 24A Virfurile Sinmartin AIUD ODORHEIU ONESTI Turnu ABRUD 14A SIGHISOARA E68 Podu Turcu SLANIC 12B SECUIESC Murgeni Gurahont 11A Cozmeni NADLAC MOLDOVA 74 Bucium 26 Blajel E79 Oituz 11A 7 14 DUMBRAVENI Teius 14B BRAD Buces BAILE TUSNAD Cenad Paulis 11B 11 ADJUD ALBA IULIA ARAD 1 MEDIAS E68 BLAJ SINNICOLAU 14B Capruta COPSA MICA Criscior E581 69 74 Bretcu LIPOVA 6 MARE ZLATNA RUPEA E85 TIRGU Vinga Axente Sever Lovrin SECUIESC Gara Berheci Lepsa Oancea Savirsin 76 Hoghiz 12 2D Ortisoara Tecuci 59C 7 14 Vidra 24 ILIA MARASESTI SFINTU 7 13 Soimus Biled Length : 6,95 KM E574 GHE OR GH E E 81 T E CU CI E671 Faget SEBES FAGARASSercaia JIMBOLIA E68 Value (VAT included): 20,64 M EUR E673 SIMERIA Carpinis Voila 2D Brasov DEVA 11 Reci 57C 1 Foltesti Cosava E70 ORASTIE 68A 59A SIBIU 68B Chichis 8 Current status: auction in progress Length : 13,63 1KM E6 E68 Sinca 26 TIMISOARA Sugag CODLEA Prejmer INTORSATURA FOCSANI Veche Cirtisoara 1/7 Hanu Conachi HUNEDOARA Avrig Value (VAT included): 61,03 M CALAN BUZAULUI 10 B R AS OV 73A LUGOJ Talmaciu 25 EUR 66 Tulucesti 59B SACELE 59 VESTEM Bilea Lac RISNOV 81 HATEG Current status: Eauction in GALATI 58A 2B Independenta Siriu 2 73A OTELU ROSU Cirnesti E79 Pui Voiteg progress PREDEAL Cheia 73 Bran 68 Sarmisegetuza Nehoiu DETA Sendreni 1A Berzovia 58B 66 RIMNICU SARAT Garvan R ucar CARANSEBES E60 58 22 Balta Alba BRAILA 2B Smirdan Voineasa ManeciuPETROSANI 7A 22 7 Obirsia Lotrului SINAIA Saceni E574 Ungureni Movila Lacu Poienari ISACCEA MACIN URICANI 66A BOCSA E70 CIMPULUNG 7A Ciuta 10 71 Miresii Sarat MORAVITA Malaia RESITA COMAR NIC Cimpu Cislau Traian E87 BREZOI 7C Domnesti lui Neag TULCEA E79 Moroeni 73C 67A VALENII Carasova RIMNICU Ianca 22D Vernesti BUZAU Schitu 2B CernaNalbant Cataloi Modernization of Bucharest DE MUNTE 21 Golesti NOVACIPolovraci FAUREI VILCEA CURTEA FIENI 66 57 CIMPINA 73C DE ARGES E70 Horia 72A Gradinari 58 64 2B Cilibia HOREZU Bumbestibeltway 22 Jiu 67 Budau Runcu 22D 22A 1B CostestiDN 2 – A2 6 E574 Section BengestiMaldaresti BAILE OCNELE E577 57B ANINA 2C PLOIESTI 1 E87 MIZIL GOVORA MARI 7C Cimpu Mare 67 Ciucurova Length: 11,45 km ORAVITA 57B E 81 T IR GOVIS T E Albesti Insuratei 73 Pogoanele 67D Topolog 67D Scoarta Babeni 22D BABADAG 72 TIRGU CARBUNESTI Value: 69,23 M EUR BAIA DE ARAMA 67 TIRGU JIU Dragomiresti I.L.Caragiale Iablanita Pieptani Rohman Naidas Bozovici PITESTI ROVINARI Caugagia 67B 22A 1D Current status: appealed GIURGENI 65C Socol 57 BAILE HERCULANE 64 1A 72 71 Gradistea Pesteana-Jiu 7 E85 21A HIRSOVA Dobroteasa Grivita 57A Pojejana Bridge on A2 km procedure Topleta 67B Vedea E60 Scraiu 9 Cerbu Mihai URZICENI Floresti MOTRU Hurezani67B E7 Cringasi Viteazu GAESTI 2C COSTESTI E70 157+600 Brosteni Giulesti TANDAREI MOLDOVA NOUA ORSOVA 67 E 60 6 E7 3B 65A E 60 6 E60at Cernavoda TITU Amara 0 67A E87 DRAGASANI E574 Malu2A DROBETA 1 Facaeni 2 Berzeasca Redea BUFTEA TURNU SEVERIN SLOBOZIA 2A E771 OTOPENI Bildana7 Tintareni E85 B alcesti 6 S imian 22 21 57 Pasarea 3 Lehliu STREHAIA 65 Ungheni Dragalina Branesti Fundulea A1 3A A2 km 3A FETESTI Mihail A2 Lehliu on Bridge Bridge o DN 2A km Crevedia Mare 56B Drajna FILIASI 65C K ogalniceanu Gara Ganeasa SLATINA 22B Capul Midia BUCURESTI Voda CERNAVODA E70 149+680 atStefan Borcea 196+739 at Ovidiu VINJU MARE NAVODAR I Vlad Tepes 21 22C E79 BALS Clejani 3 Cuza Brincoveni Ovidiu CONSTANTA Adunatii-4 Voda Budesti 6 65A Copaceni Basarabi 61 3B CRAIOVA Minastirea Agigea 31 Bridge on DN 3 km 56A 64 Ghimpati CALARASI Corvin Calugareni Pietreni 3 Mihailesti EFOR IE NORD at Basarabi 242+286 Daneasa Greaca OLTENITA Cobadin ROSIORII Draganesti Vlasca 5B E70 39 Leu CARACAL Ostrov Baneasa E FOR IE SUD E 70 DE VE DE Length: 3,18 KM E 675 6 41 Stoenesti 56 Rodovan COSTINESTI 5 Amzacea Cetate E79 6 Value (VAT included): 13,07 M EUR 6 NEPTUN Daia E87 JU 38 PITER Current status: auction in progress ALEXANDRIA 55 E85 Negru voda VENUS Maglavit 54 SATURN 65A GIURGIU MANGALIA Smirdioasa E79 CALAFAT 52 Rast 55A CORABIA TURNU MAGURELE Vama Veche Dabuleni 5C 51 Bridge on DN 39 km Bechet 54A E87 54 E70 51A Bridge on DN 22C km ZIMNICEA 49+157 at Mangalia E58 17 6 E6 0 17 17 E58 E576 17 E70 ROADS / BRIDGES/ PASSAGES DIVERSIONS WITH AUCTIONS COMPLETED OR IN PROGRESS (Sept. 2010 – Jan. 2011): •Length: 50,47 KM •Value(VAT included): 231,61 MEURO Out of which: Financing from ERDF Length: Value(VAT included): 35,36 KM 123,91MEURO Financing from the State Budget Length: 11,45 KM Value(VAT included): 69,23 MEURO Financing from EBRD Length: Value(VAT included): 3,655 KM 38,47 MEURO E85 38+002 at Poarta Alba 5. Solving the problem of arrears Implementing the action plan and the improved mechanism for the control of commitments and measures enforcement by the end of April 2011, in order to eliminate the existing arrears and to prevent the accumulation of new ones, both at the level of the consolidated general budget and at the level of the state enterprises. A better control of arrears at local authorities level, by setting an indicative target. Harmonisation of the accounting system with the Treasury system of payments (September 2011). Natural gas price liberalization. Starting with 1st July 2011, the price of natural gas for the industrial consumers was increased by 10%. For the households, the price remains unchanged until March 2012. 122 6. Restructuring the state-owned enterprises Improving the reporting system for the state-owned enterprises already included in the ESA definition of the consolidated general budget. Prevention of new arrears and losses in case of the companies reclassified by Eurostat as being a part of the consolidated general budget, and of those which will be reclassified in 2011 and 2012. The action plans for a big part of the 154 companies mentioned in the last Letter of Intention to the IMF have been finished. For the rest of the stateowned enterprises the plans will be elaborated by the end of December. In order to solve the governance related problems, we will elaborate (in consultation with the World Bank) and we will adopt the necessary legislation required to improve the governance of these companies; we will introduce the compulsory external, independent and regular audit activity at these companies and the financial control will be transferred from the line ministries to the Ministry of Public Finances by the end of September 2011. 123 Private Management in the companies subordinated to the M.E.C.M.A. 1. The dissociation of the position of general director and that of president of the Administration Board – accomplished 2. The selection of the consultant for establishing the technical specifications for the acquisition of the firms for the selection of managers – the selection was completed at 1st of September 2011 3. The acquisition of the firms for the selection of managers for each company (the first set of 7-10 companies) – by Octomber the 1st, 2011 4. A short list with the proposals for general directors and the selection criteria for the members of the Administration Board – by December the 1st, 2011 5. Changes in the specific legislations – by December 31st, 2011 6. Appointing the selected managers and of the members of the Administration Board – by the end of February 2012 124 7. Priorities in the privatization of the state companies 1. The sale of a minority stake of the state’s stakes in a company • PETROM The sale of a stake of 9.84% of the social capital • Transelectrica, Transgaz Mediaş, Romgaz Mediaş The sale of a stake of 15% of the social capital • Hidroelectrica and Nuclearelectrica Tender of minority stakes through a 10% raise in equity • Complexul Energetic Oltenia (formed through the merger of S.N. Lignitul Oltenia and the 3 energy complexes from Craiova, Rovinari 125 and Turceni). 7. Priorities in the privatization of the state companies (cont.) • Electrocentrale București • The Maintenance and Energy Services Subsidiary of “Electrica Serv” • S.C. Electrica S.A. 2. The privatization of the following state companies: • S.C. CUPRU MIN S.A. Abrud • ISCIR – CERT • S.C. OLTCHIM S.A. 126 8. Public – Private Partnership Priority Projects Transport and infrastructure Comarnic – Braşov Highway – under concession Sibiu – Piteşti Highway– 116 km Ploieşti – Buzău – Focşani Highway – 133 km Bucureşti South Beltway and North Beltway Târgu-Mureş – Iaşi – Ungheni Highway– 307 km Energy Tarniţa – Lăpuşteşti Hydroelectric Power Plant 3 and 4 Cernavodă Nuclear Facilities Doiceşti Steam Power Plant AGRI International Project (Azerbaidjan – Georgia – România) 127 8. Public – Private Partnership Priority Projects (cont.) Environment and Agriculture Siret – Bărăgan Channel lanscape Regional Development Eco Project in Ghencea district Esplanada Project Dunăre – Bucureşti Channel Dunăre Overpass, between Brăila and Tulcea Health Care System 6 regional emergency hospitals in Timişoara, Cluj-Napoca, Târgu-Mureş, Iaşi, Craiova and Bucureşti Turning to advantage the Health Care Center "Ana Aslan" Justice Building a penitentiary in PPP. 128 9. Continuing the health system reform Fixing the government sponsored care package in order to eliminate the coverage for non-essential costly medical services; the services that exceed the basic coverage will be provided through the supplementary insurance schemes, including private packages. Reviewing and rendering the clawback system efficient. Reviewing the formula for National Health Insurance Company by introducing a system where “money follows the patient”; Establishing indicative ceilings for quarterly contracts regarding services developed with hospitals and doctors and creating incentives for doctors who meet the indicative ceilings; Reviewing the list of compensated and free medicines approved by the Government Decision no. 720/2008, in order to amend it, for instance by replacing the products listed therein with generic medicines, wherever possible; Controlling the pharmaceutical costs for the most expensive medicines for 2012, by applying strict protocols for pharmaceutical use and by implementing the new module of electronic prescriptions for the Single Informational Integrated National Health System, in compliance with strict procedures. 129 For more information: Andreea PAUL State Adviser of the Prime Minister Lecturer, PhD Faculty of International Business and Economics Academy of Economic Studies Tel: 004021.318.11.86 Fax:004021.318.03.51 E-mail: andreea.vass@gov.ro andreea_vass@yahoo.com 130