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Prosecutor general demands approval to open criminal inquiry against former PM Nastase and Govt. official Serban Mihailescu[related news and comments]
Flood aftermath: Ruined homes to be rebuilt by the state, special clauses included in the contract[related news and comments]
19:13, 31.07.2008 Romaniaas Rompetrol To Cut Gas, Diesel Oil Pump Prices By RON0.08, RON0.05 Per LiterBUCHAREST / 19:13, 31.07.2008 Romaniaa€™s second-largest oil company Rompetrol Group NV, owned by Kazakhstan"s KazMunaiGaz, will cut Friday its gasoline and diesel oil pump prices by 0.08 lei (EUR1=RON3.5366) per liter, and RON0.05 per liter, respectively, the company said in a statement. Rompetrol will cut its... [related news and comments]
18:56, 31.07.2008 Romania Admits aPartial Failurea For Roma Situation In ItalyROME / 18:56, 31.07.2008 Romania admits "partial failure" regarding the situation of Roma minority in Italy, but it does not approve of all measures taken by the Italian authorities in their pursuit to tackle crime, Romanian President Traian Basescu said Thursday. Basescu, who went in a one-day working visit to Italy... [related news and comments]
18:40, 31.07.2008 Italian PM Says Romanians Are Not Discriminated Against In ItalyBUCHAREST / 18:40, 31.07.2008 Italian prime minster Silvio Berlusconi said at the end of the meeting with Romanian president Traian Basescu that Italian authorities are not discriminating, but the high number of foreign criminals in this country determined a certain amount of rigor towards unidentified foreigners.... [related news and comments]
18:33, 31.07.2008 Romanians Used As Slaves On A Spanish PlantationBUCHAREST / 18:33, 31.07.2008 Three Romanian citizens from counties Bihor and Teleorman are accused of having conned 34 people in Bihor, whom were taken to Spain where they were used as slaves on an orange plantation. The six defendants were sent to court on people trafficking charges. According to officer Nicolae... [related news and comments]
17:03, 31.07.2008 Romanian Govt OKs 40 Constituencies Total In BucharestBUCHAREST / 17:03, 31.07.2008 The Romanian governemnt on Thursday decided capital city Bucharest will have 28 uninominal constituencies for deputy seats and 12 constituencies for senator seats, secretary of state Victor Paul Dobre said. Romanian living abroad will be able to cast votes at four uninominal... [related news and comments]
17:01, 31.07.2008 Romanian Flood Victims Obligated To Insure Their State Rebuilt HomesBUCHAREST / 17:01, 31.07.2008 Romanian flood victims whose homes will be rebuilt completely with the help of authorities, will be obligated not to sell the homes within five years and to take out an insurance policy for the building in the same interval, said Romanian prime minster Calin Tariceanu. He announced that,... [related news and comments]
16:31, 31.07.2008 Drivers In Romania Lacking Road Toll Stickers To Be Fined As Of Aug 1BUCHAREST / 16:31, 31.07.2008 Romanian drivers will be fined as of August 1, if they are found not to have road toll stickers, which are now available on the market. Romania’s Transport Ministry halted between Jul 21 and Jul 31 the application of fines for drivers lacking road toll stickers, following the... [related news and comments]
15:25, 31.07.2008 Two Romanian Athletes Suspected Of Using EPOBUCHAREST / 15:25, 31.07.2008 Romanian athletes Elena Antoci and Cristina Vasiloiu, members of the Romanian athletics team for the 2008 Olympic Games, are suspect of having used Erythropoietin, or EPO, according to sample A of the drug test performed by the Lausanne lab. The test was requested by the Romanian... [related news and comments]
Orange in talks to take over Euro-GSM, last locally-held major GSM retailer - AziCluj-based businesspeople Silvia and Zsolt Fodor could relinquish control of the last big player in GSM retail, in order to focus on real estate (a five-star hotel and a housing & commercial space complex). Orange, the largest mobile phone operator in Romania, is in advanced talks to take over Euro-GSM, the last major... [related news and comments]
Strauss to invest 7m euros in brands - AziAfter a name change from Elite to Strauss, Matanya Schwartz, manager of the coffee company, says the focus will be on brands, whilst its market strategy will target the launch of premium brands from the company"s international portfolio. "We will invest 7m euros every year in our brands, in marketing and research. We... [related news and comments]
UTI and Romprest win 41m-euro contract with the Post Office - AziUTI Facility Management and Romprest have won a contract worth over 41 million euros (148 million RON) with the Romanian Post Office, under which they will supply cleaning and maintenance services for the company"s buildings over a four-year period. The auction was organised by the Romanian Commodities Exchange (BRM),... [related news and comments]
VB Leasing funding stagnates at 90m euros in H1 - AziFunding granted by VB Leasing, one of the top ten companies on the leasing market, stagnated at 90 million euros in the first half of the year, after the company registered two-digit increases over the last few years. This is one of the first signals of the market slowing down, with leasing affected by higher lending... [related news and comments]
Leo Burnett: Local and international brands should have similar shares - AziIoana Iordache, CEO of Leo Burnett, one of the leading communication groups on the local market, says she hopes Leo Burnett"s local and international brands will account for similar shares of the group"s revenues. "International clients make up about half of the clients of Leo Burnett & Target (the advertising agency)... [related news and comments]
Romania expects 2bn-euro investments by 2012 - AziForeign investors involved in the automotive industry, food production and construction materials have committed to projects worth two billion euros by 2012, and plan to hire 16,000 people, according to a ZF analysis, which only considered projects worth over 20 million euros. Foreign direct investment conducted in... [related news and comments]
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