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18:53, 4.09.2008 Romanian Magistrates Reject Serbanescuas Nomination For Head Of Anticorruption DeptBUCHAREST / 18:53, 4.09.2008 Romanian magistrates Thursday reject the nomination of prosecutor Monica Serbanescu for president of the countrya€™s anticorruption department DNA, vice-president of the High Council of Magistrates, Gratiana Isac said. The deliberations regarding Serbanescu’s nomination lasted for... [related news and comments]
15:55, 4.09.2008 Romanian Ctrl Bk Household Lending Rules Could Slow Dn Econ Growth In 2009 - BCRBUCHAREST / 15:55, 4.09.2008 Romania could see a slowdown in economic growth starting 2009, especially in construction and services, as an effect of the central banka€™s regulations limiting household lending risk, Romaniaa€™s largest lender Banca Comerciala Romana, or BCR, said in a report. Analysts added a positive... [related news and comments]
15:13, 4.09.2008 Romanian Contributors To Get Pvt Pension Contribution Back If DisabledBUCHAREST / 15:13, 4.09.2008 Romanian contributors to the mandatory private pension system (Pillar II) will have the right to receive contributions back if disabled, and heirs may receive contributions in case of death, according to a norm of the private pension system regulator CSSPP. The CSSPP approved Thursday the... [related news and comments]
14:45, 4.09.2008 No. Of Foreign Tourists At Romanian Seaside Dn 20% YY To 100,000BUCHAREST / 14:45, 4.09.2008 Some 100,000 foreign tourists spent their summer holiday at the Romanian seaside, a nearly 20% drop compared to last summer, Romaniaa€™s tour operators association ANAT said Thursday. The weaker figures were due to a decrease in the number of German and Scandinavian tourists, as well as... [related news and comments]
12:57, 4.09.2008 Romanian High Council Of Magistrates To Appoint Chief Prosecutors, Not President12:57, 4.09.2008 The Romanian Senatea€™s commission for legal matters adopted an amendment Thursday to Law 303/2004, setting that chief general, anticorruption and organized crime prosecutors are to be appointed by the High Council of Magistrates, not the head of state. Senators in the commission adopted seven to... [related news and comments]
12:43, 4.09.2008 French Authorities Disband Biggest Roma People CampBUCHAREST / 12:43, 4.09.2008 French authorities disbanded the biggest camp of Roma people established in Saint-Ouen, in the northern suburbs of Paris, but the problems this minority is facing are yet to be solved. Of over 600 Roma people that have been living in the suburbs of Paris for two years, only 25 families... [related news and comments]
10:10, 4.09.2008 Romania"s Jul Net Salary Up 2.7% M-M To RON1,308BUCHAREST / 10:10, 4.09.2008 Romania"s net average salary was up 2.7% to 1,308 lei (EUR1=RON3.5487) in real terms in July 2008, compared with June 2008, the National Institute for Statistics said Thursday. The net salary in July was up on the month as employees were given holiday or loyalty bonuses and a higher... [related news and comments]
Rents push Bucharest up seven places among world"s most expensive cities - 04 Sep 2008The increase in real estate prices and the strengthening of the domestic currency against the dollar have pushed Bucharest up to the middle of the ranking of the world"s most expensive cities. Bucharest climbed seven places in the ranking against last year, and is the only city in Romania included in the survey... [related news and comments]
Top 15 car part producers see higher sales, but lower profits - 04 Sep 2008[related news and comments]
Copos hopes to keep Crowne Plaza profit margin at 48% - 04 Sep 2008Bucharest five-star hotel Crowne Plaza, controlled by businessman George Copos, expects a 48% gross profit margin this year, although seven-month figures show the hotel is not on schedule to reach the 5% growth target in terms of this year"s forecast revenues. Crowne Plaza aims to reach turnover worth around 11m euros... [related news and comments]
Bankers helplessly watch credit/deposit spreads shrink - 04 Sep 2008The spread of interest rates between credits granted to the population and deposits continued to drop in June, and reached an all-time low, amid tightened competition from banks on deposits. While in January the interest rate margin for RON stood at 5.5 percentage points, in June the margin went down to just 3.26... [related news and comments]
Another Bucharest plant up for sale: Munplast - 04 Sep 2008The assets and the 23,500 square-metre plot of a plastic products plant owned by Munplast, located in the Bucharest district of Drumul Taberei, has been put up for sale, with the company"s operations to be relocated to the outskirts of the capital, near the route to the city of Alexandria. "We have transferred the... [related news and comments]
Seat: old and new Ibiza models both in demand - 04 Sep 2008Bogdan Militaru, Seat brand manager at Porsche Romania, the largest automotive importer in terms of turnover, says the launch on the local market of the new Ibiza has not affected sales of the current model, which will continue to be sold. In July, the first month in which dealers of Porsche Romania, the Seat importer... [related news and comments]
Most indebted local entrepreneurs - 04 Sep 2008Local entrepreneurs in sectors such as real estate, communications, energy and pharmaceuticals have taken out credits worth tens or even hundreds of millions of euros for developing their businesses, but they can also render their businesses, and, implicitly their fortunes, more vulnerable to market fluctuations.... [related news and comments]
Russian media: Moscow may respond to missile shield with its own missiles in Kaliningrad[related news and comments]
Vodafone Romania: Not the right moment to announce winner of new mobile communications license[related news and comments]
Some 40% of all Romanians waste time in the office using instant messaging services[related news and comments]
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