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News 09 July 2008
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20:08, 8.07.2008 Romanian Central Bank To Implement New...
All newsBUCHAREST / 20:08, 8.07.2008 Romanian banks will calculate the debt ceiling for loans granted to the population based on income less than 20% higher than the one stated with the fiscal authorities, in the previous year, and not only depending on the... (0 views)
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19:16, 8.07.2008 Romanian Energy Watchdog Hikes 11.2% ELCEN...
All newsBUCHAREST / 19:16, 8.07.2008 Romanian energy watchdog, or ANRE, hikes by 11.2% as of July 1, the thermal power prices of state-owned power producer Electrocentrale Bucuresti (ELCEN), the Local Council settling the thermal power prices for population... (0 views)
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19:11, 8.07.2008 Romanian Leu Further Gains Vs Euro,...
All newsBUCHAREST / 19:11, 8.07.2008 The Romanian leu further strengthened against the euro on Tuesday, mirroring emerging markets, amid high traded volumes, dealers said.The leu closed at RON3.5715 to the euro Tuesday, up from RON3.5910/3.5930 at... (0 views)
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17:24, 8.07.2008 Microsoft Sues Romanian Co. Over...
All newsIASI / 17:24, 8.07.2008 U.S. software giant Microsoft has sued Romanian call center and outsourcing operator XL World Iasi for illegal usage of 640 software programs and requested damages of EUR180,226, local police said Tuesday.XL World Iasi,... (0 views)
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16:47, 8.07.2008 OMV, Rompetrol, Petrom To Operate 10 Gas...
All newsBUCHAREST / 16:47, 8.07.2008 Romanian Ministry of Transportation selected Tuesday Austriaa€™s OMV, local Rompetrol Group NV, and Petrom SA oil companies for the construction of the ten gas stations on Bucharest-Constanta Highway, the Highway... (0 views)
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16:29, 8.07.2008 Romanian Passenger Rail Co CFR Calatori...
All newsBUCHAREST / 16:29, 8.07.2008 Romaniaa€™s state-owned passenger rail company CFR Calatori asked the Transport and the Finance Ministries to approve a 7% price increase for train tickets as of Aug 1, citing high inflation"If the increase... (0 views)
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16:13, 8.07.2008 Romaniaas Rompetrol Hikes Pump Prices By...
All newsBUCHAREST / 16:13, 8.07.2008 Romaniaa€™s second-largest oil company Rompetrol Group NV hiked Tuesday its pump prices by up to 0.06 lei (EUR1=RON 3.5934) per liter and RON0.04 per liter, for gas and diesel oil, respectively, the company said in a... (0 views)
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15:47, 8.07.2008 Romaniaas Ex-PM Proposes Tax Per Income...
All newsBUCHAREST / 15:47, 8.07.2008 Former social democrat prime minister Adrian Nastase said Tuesday he proposed differentiated taxes per income ranging from the current 16% flat tax to no tax at all, as part of the Social Democratic Partya€™s governing... (0 views)
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Billionaire Zoltan Teszari owns 43% in RCS&RDS - Azi
All newsBusinessman Zoltan Teszari, 38, holds the controlling interests in telecom operator RCS&RDS, 43.01%, with the shares owned either directly or indirectly through two other companies (RCS Management and Cable Communications Systems N.V.). Information... (0 views)
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GSK transfers Paroxetine production to Brasov - Azi
All newsBritish giant GlaxoSmithKline (GSK), leader of the local pharmaceutical market, which acquired the Europharm plant in Brasov in 1998, will start exports of Paroxetine this year, an antidepressant which will find its way from the Brasov plant to over... (0 views)
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A new "Arad case" on shopping centre market - Azi
All newsTiago Mall, Era Shopping Park and a Stop.Shop shopping centre will be opened within a year on Calea Aradului of Oradea. After Calea Aurel Vlaicu in Arad became "famous" for the fact that five shopping centres are going to be built here by... (0 views)
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Gloomy forecasts for credit insurance market - Azi
All newsThe future of credit insurance looks dim, after having been a thriving business for insurers for many years. Players expect the market to stall, just like last year, or contract, whilst it doubled each year from 2002 through 2006. "Because of... (0 views)
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Brewers, past two-digit growth period - Azi
All newsBeer sales advanced by only 5% in the first four months of this year against the same period of 2007, with last year"s performance, a 27% increase, not being repeated this year. Thus, 2008 is the first year after 2005 when brewers see a growth... (0 views)
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Equest postpones listing of Technomarket Domo until...
All newsEquest Investment Balkans (EIB) investment fund, which took over IT retailer Domo last year and Bulgarian-based Technomarket, has put off until September the flotation of 25% of the shares of the new Technomarket Domo (TMD) group, due to the... (0 views)
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Dealers trade 34bn euros in June - Azi
All newsTransactions on the Bucharest forex market have stabilised at around 34-36 billion euros over the last few months, a lot lower than the all-time high of 41 billion euros, reached in January. The total volume of transactions on the Bucharest forex... (0 views)
