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News 07 July 2008
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19:25, 6.07.2008 Romanian Democrat Liberals Reject...
All newsBUCHAREST / 19:25, 6.07.2008 Romaniaa€™ democrat liberal head Emil Boc Sunday said his party rejects any future alliance with leftist social democrats, as well as any collaboration with the liberals as long as they are led by people like Calin... (0 views)
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18:40, 6.07.2008 Romanian Official In Food Industry Urges...
All newsBUCHAREST / 18:40, 6.07.2008 Sorin Minea, head of the employersa€™ federation in the food industry Romalimenta, urged the government to adopt the measure regarding a cut in the value added tax food products, stressing this is the only way to keep... (0 views)
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17:06, 6.07.2008 Romanian Official Urges PM To Account For...
All newsBUCHAREST / 17:06, 6.07.2008 Iulian Iancu, head of the committee for industries within Romaniaa€™s Chamber of Deputies, urged Prime Minister Calin Popescu Tariceanu to publicly explain why the countrya€™s energy watchdog ANRE, in his subordination,... (0 views)
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14:41, 6.07.2008 Leak In LPG-Loaded Tank Isolated, No...
All newsBUCHAREST / 14:41, 6.07.2008 Firefighters rushed Sunday morning to the railway station in Zam locality, in Romanian western county of Hunedoara, and prevented a powerful blast after liquefied petroleum gas (LPG) leaked from a tank car carrying... (0 views)
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Ioan Ciolan, Ambient: We need 300 million euros to expand -...
All newsConstruction supplies distributor Ambient, controlled by businessman Ioan Ciolan could raise approximately 300 million euros from banks to finance the expansion of the store chain, which currently numbers 14 stores, according to the latest data... (0 views)
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How Timisoreana became the best-selling beer brand - Azi
All newsTimisoreana, the best-selling beer brand in terms of value in Romania, saw a 2.5% market share increase last year, climbing 4 places in the ranking of best-selling brands, leaving behind rivals such as Bergenbier (InBev), Burger (European Drinks)... (0 views)
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ECB rate hike to boost borrowing costs - Azi
All newsAnalysts anticipate ECB"s decision to raise its benchmark rate by a quarter of a percentage point to 4.25% per annum will drive financing costs up, at least by a similar amount, but the time and scope of adjustments will depend on each bank.... (0 views)
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Romania"s trade deficit expected to stabilise - Azi
All newsKazakhstan this year climbed onto the 3rd position among the countries Romania registered a trade deficit with, a situation generated by the imports of crude oil worth almost 600m euros through KazMunaiGaz, the company that bought Rompetrol last... (0 views)
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Staer: Furniture sales rise 40% during summer months - Azi
All newsStaer furniture producer, a top ten player domestically, sees sales soar by 40% during summer months compared with the first months of the year as a result of stepped up deliveries of new homes. "As a rule, summer months bring bigger furniture... (0 views)
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Each Romanian will be able to calculate his or her "own"...
All newsThe National Statistics Institute (INS) intends to enable Romanians to calculate their own consumer price index based on the prices paid and on each individual"s spending structure, with the institution"s website to feature a calculator... (0 views)
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Finance Ministry sells only half of T-Bills in H1 - Azi
All newsThe Ministry of Economy and Finance (MEF) sold T-Bills worth half the originally estimated value in the first six months, but the estimated value of issues in the first three quarters reached 13 billion RON, exceeding the original full-year... (0 views)
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Slowdown of car sales could hurt leasing market - Azi
All newsThe rise of the leasing market could be affected this year by the slowdown in vehicle sales, after the leasing market experienced a major leap last year, by 54%, exceeding 4.9 billion euros. Almost 70% of the funding granted by leasing companies are... (0 views)
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Wizz Air: Six-month results are close to last year"s - Azi
All newsHungarian airline Wizz Air transported 370,000 passengers in the first six months of this year on flights to and from Romania, close to last year"s level of 415,500 passengers. The company"s target is to reach 1 million passengers on the... (0 views)
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Eureko in negotiations to sell Euroclinic hospital - Azi
All newsDutch group Eureko, owner of insurance company Interamerican and of the first private hospital in Romania, Euroclinic, is in advanced negotiations to sell the hospital, with the deal to be potentially concluded by the end of this year. "We wish... (0 views)
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Chayton Capital invests 110m euros in offices - Azi
All newsReal estate investment company Chayton Capital, headquartered in London, will develop an office park on a 55,000 square-metre plot in the Pipera area of Bucharest, an investment amounting to over 110 million euros, of which 93 million euros will... (0 views)
