News 05 August 2008


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    20:29, 4.08.2008 Romanian Culture Min Shrugs At Plastic...

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    BUCHAREST / 20:29, 4.08.2008 Romanian culture minister Adrian Iorgulescu said his ministry will not buy the former residence of the Romanian Union of Plastic artists, following discussions with the mayor to find ways to buy the building from its... (0 views)

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    18:01, 4.08.2008 Bucharest Mayoralty To Ban Motorcycles On...

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    BUCHAREST / 18:01, 4.08.2008 Bucharesta€™s mayoralty plans to ban the access of the motorcyclists at night on the large boulevards of the capital city, according to a draft document the mayoralty intends to develop, stirring biker... (0 views)

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    17:04, 4.08.2008 S&P Lowered Estimates On Incidence Of...

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    BUCHAREST / 17:04, 4.08.2008 Standard&Poor"s Ratings Services changed Monday its estimate of the incidence of gross problematic assets in the Romanian financial system under a reasonable (but not catastrophic) scenario of economic recession to... (0 views)

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    16:33, 4.08.2008 Rabid Foxes Trigger Quarantine In N...

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    BUCHAREST / 16:33, 4.08.2008 A total number of 24 localities in northern Romanian county Bistrita-Nasaud are in third degree quarantine for rabies, a record in the past decade, and locals are not allowed to take animals that may carry the virus... (0 views)

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    16:08, 4.08.2008 Romanian Social Democrats Mull...

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    BUCHAREST / 16:08, 4.08.2008 Romaniaa€™s leftist opposition Social Democratic Party might call for an extraordinary parliament session end August to debate measures hindering effects of recent floods, social democrat lawmaker Bogdan Niculescu Duvaz... (0 views)

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    15:55, 4.08.2008 Romanian Govt Needs To Manage...

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    BUCHAREST / 15:55, 4.08.2008 The Romanian Government must manage the efforts aimed at reconstructing the areas affected by the recent floods, president Traian Basescu said Monday during his visit in the county of Neamt, northeastern Romania.A The... (0 views)

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    15:46, 4.08.2008 Romanian Social Democrats Request Spending...

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    BUCHAREST / 15:46, 4.08.2008 Romanian social democrat MP Bogdan Niculescu Duvaz said Monday, in a press conference, his party would propose, in the beginning of the next Parliament session, the amendment of the Law on political party financing. This... (0 views)

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    13:02, 4.08.2008 Romanian a08 Econ Growth Seen At 8%, 9%...

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    BUCHAREST / 13:02, 4.08.2008 Romaniaa€™s economic growth is seen at 8% or 9% in 2008, and the inflation rate at 6% or 7% at yearend, central bank governor Mugur Isarescu said Monday."We have good chances to have an economic growth between 8%... (0 views)

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    July: Bad month for equity funds on the BSE - Azi

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    Rothschild to organise Ozone sale - Azi

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    Ozone shareholders have hired investment bank Rothschild to assist them in the sale of the pharmaceutical company, according to market information. Rothschild is in the process of drawing up the sale prospectus for Ozone. The investment bank has... (0 views)

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    Ryanair takes a step backwards in Romania - Azi

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    48m-euro profit for UniCredit Tiriac in H1 - Azi

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    UniCredit Tiriac Bank, the local branch of the Italian financial giant UniCredit, posted net profit worth 177 million RON (48 million euros) in the first half of the year, up 17% against the first six months of 2007. "In the first half of this... (0 views)

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    Lafarge sees 28% sales increase - Azi

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    The cement division of the French group Lafarge reported a 27.8% sales increase on the local market in the first half of the year against the same time last year, a slower growth rate than that of the aggregate and concrete division (39%). In terms... (0 views)

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    LCR targets 50 Lee Cooper stores by end of 2009 - Azi

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    LCR Jeans, the company that holds the licence for 31 Lee Cooper stores locally, wants to open another 19 units by the end of next year, following an almost 3 million-euro investment. "By the end of 2008, we will open between two and four stores... (0 views)

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    Angst halves operating margin - Azi

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    Bucharest-based Angst, one of the leading local producers of charcuterie, posted an operating margin of 2% of turnover in H1 of this year, almost 550,000 euros, which is half the result derived in the first half of 2007. "In the first six... (0 views)