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News 04 July 2008
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21:14, 3.07.2008 Romanian Pres Signs Pardon Decree For...
All newsBUCHAREST / 21:14, 3.07.2008 Romanian President Traian Basescu signed Thursday a pardon decree "on humanitarian grounds," for Florentinei Plaiu, 26, sentenced to four months in prison for assault or other violent acts, the presidential... (0 views)
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18:57, 3.07.2008 Arbitration Court Lifts Penalties Against...
All newsBUCHAREST / 18:57, 3.07.2008 The Arbitration Court of Romaniaa€™s Football Federation (FRF) on Thursday lifted the sanctions against FC Steaua Bucharest and annulled the 7-point penalty against the club, club owner Gigi Becali said.Steaua "is... (0 views)
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16:59, 3.07.2008 Romaniaas Petrom Hikes Gas, Diesel Oil...
All newsBUCHAREST / 16:59, 3.07.2008 Romaniaa€™s largest oil company Petrom SA (SNP.RO) hiked Thursday gasoline and diesel oil pump prices by 0.07 lei (EUR1=RON 3.6365), and RON0.06 per liter, respectively, the company said in a statement.Petrom hiked Eco... (0 views)
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16:24, 3.07.2008 Romaniaas BCR Bk, Enel Romania Sign Pact...
All newsBUCHAREST / 16:24, 3.07.2008 Romaniaa€™s largest lender Banca Comerciala Romana, or BCR, and Enel Romania, the local unit of Italian utility Enel SpA (EN), signed an agreement based on which the companya€™s clients in the western and southeastern... (0 views)
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14:45, 3.07.2008 Romania Ranks 3rd In EU By May Retail...
All newsBUCHAREST / 14:45, 3.07.2008 Romania ranks third in the European Union by retail trading growth, with a 6.8% increase during May 2007- May 2008, according to a report published on Thursday by the Statistical Office of the European Communities,... (0 views)
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13:32, 3.07.2008 London Clinic Wonat Terminate Romanian 11...
All newsBUCHAREST / 13:32, 3.07.2008 Officials of the Marie Stopes Clinic in London said Thursday the Romanian 11 year-old girl, who is 22 weeks pregnant, will not have an abortion there, but the clinic will send her to another British medical unit and pay... (0 views)
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09:55, 3.07.2008 Utility Aircraft Crashes Near Bucharest,...
All newsBUCHAREST / 09:55, 3.07.2008 A utility aircraft crashed Thursday morning nearby Stefanesti commune, close to Romaniaa€™s capital city Bucharest, and caught fire immediately after impact. The two pilots were unharmed.The aircraft, used for... (0 views)
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Raiffeisen Investment: 3.3 billion euros" worth of...
All newsThe local merger and acquisitions market (M&A), which includes real estate sales, reached 3.3 billion euros in the first half of this year, compared with 1.1 billion euros during the same time in 2007, according to data provided by investment bank... (0 views)
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CEZ would invest 800m euros in Europe"s biggest wind farm -...
All newsCzech company CEZ, owner of former Electrica Oltenia, says it will invest as much as 800m euros if it wins the tender for the biggest wind farm developed in Europe so far, which is located in Dobrogea and available to buy from Polish investment fund... (0 views)
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NBR: 137m-euro profit after years of losses - Azi
All newsThe rising prices of gold and RON decline have driven the central bank"s balance sheet into the black. Last year, the National Bank generated net income worth a little more than 137m euros, after over the past years it logged massive losses due... (0 views)
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Store networks make massive investments in logistics - Azi
All newsFood retailers are expanding warehousing space and networks at the same rate. Retailers have announced overall investments worth above 50m euros on the logistics segment for this year alone. On a market that ranks second in the region in terms of... (0 views)
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NBFI market reaches 6.4bn euros - Azi
All newsThe market of non-bank financial institutions (NBFIs), which includes consumer finance and leasing companies, amounted to 23 billion RON (almost 6.4 billion euros) last year, according to the Financial Stability Report released by the NBR (National... (0 views)
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Dacia Sandero set to sell 13,000 units locally in 2008 - Azi
All newsDacia Sandero, the fifth model released by the local Automobile Dacia manufacturer and built on the Logan platform, is expected to account for over 20% of Dacia sales in Romania in the second half of the year. "The new Dacia Sandero will sell... (0 views)
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After six weeks pension funds yield between 2.4% and 3.7% -...
All newsFour of the 14 active mandatory pension funds yielded profits in the first six weeks since their launch, whilst the rest were in the red. Mandatory pension funds (2nd pillar) ranged from -2.43% and 3.68% in the first six weeks since the collection... (0 views)
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Agras, added bonus to Uniqa"s acquisition of Unita - Azi
All newsAgras, an agricultural insurance company, which transferred its portfolio to Omniasig in May, will be taken over by Austrian group Uniqa. Uniqa recently took over Unita, the majority shareholder of Agras, from Austrian group Vienna Insurance, with... (0 views)
