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News 11 September 2008
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19:00, 10.09.2008 Romania, Austriaas Voestalpine To Sign...
All newsBUCHAREST / 19:00, 10.09.2008 Romanian government and representatives of Austria"s steelmaker Voestalpine will sign a memorandum of understanding (MoU) in the first half of October and the Austrian group will decide in December the country to... (0 views)
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18:58, 10.09.2008 Romanian Govt Sees 8.5-9.1% Econ Growth...
All newsBUCHAREST / 18:58, 10.09.2008 The Romanian Government said Wednesday this yeara€™s economy is expected to grow by 8.5-9 percentage points, compared with a gross domestic product growth of 6% the year before.Economy and Finance Minister Varujan... (0 views)
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16:56, 10.09.2008 Romanian Low-Cost Airliner Blue Air Goes...
All newsBUCHAREST / 16:56, 10.09.2008 Romanian low-cost airliner Blue Air will launch its first international flight in October, on the Brussels-London route, the airliner said in a statement Wednesday.Blue Air will operate two flights weekly on the... (0 views)
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16:12, 10.09.2008 2008 Red Bull Romaniacs Hard Enduro Rally...
All newsBUCHAREST / 16:12, 10.09.2008 The fifth edition of the Red Bull Romaniacs Hard Enduro Rally will line up 210 participants from 29 countries, including 17 Romanian riders, organizer Martin Freinademetz said Wednesday. Romanian rider Emanuel Gyenes,... (0 views)
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15:59, 10.09.2008 Romania a08 Wheat Crop Doubles To 7.75M...
All newsBUCHAREST / 15:59, 10.09.2008 Romanian wheat and rye output stood at 7.75 million tons in 2008, more than double from some 3 million tons a year ago, boosted higher crop yield, the Ministry of Agriculture said Wednesday.Average wheat and rye output... (0 views)
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15:38, 10.09.2008 Romanian Govt Ups Min Wage To RON540 From...
All newsBUCHAREST / 15:38, 10.09.2008 The Romanian government decided on Wednesday to increase the minimum monthly gross wages to 540 lei (EUR1=RON3.5974), based on the agreement the representatives of trade unions and employers signed with the government... (0 views)
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15:31, 10.09.2008 Romanian Social Democrats Want...
All newsBUCHAREST / 15:31, 10.09.2008 Romanian social democrat leader Mircea Geoana and former prime minister Adrian Nastase discussed Wednesday several amendments to the Constitution, many of which aim to limit prerogatives for the head of state.The... (0 views)
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15:16, 10.09.2008 EC To Probe Romaniaas EUR57M State Aid To...
All newsBUCHAREST / 15:16, 10.09.2008 The European Commission has launched an investigation regarding a state aid worth EUR57 million given by Romania to Ford Motor Co. (F) for training the employeesa€™ at Automobile Craiova, alleging it might represent a... (0 views)
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Tight battle among importers of Ford, Renault, Skoda, and...
All newsWhereas last year Renault won the "race" of imported automotive brands, with 6,000 cars more than its second place competitor, this year"s ranking will most likely be decided in December, as the volumes of the top four imported brands... (0 views)
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Top 4 insurance players account for 60% of market"s profit...
All newsThe insurance market recorded a total net profit of 32.9 million euros in the first half of the year, while losses amounted to 37.2 million euros. Four insurance companies - Allianz-Tiriac, Omniasig, ING Viata and AIG Life, accounted for almost 60%... (0 views)
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Heidi: Distribution makes the difference - Azi
All newsFrom the outside, the small Heidi chocolate plant in Pantelimon, close to Bucharest, does not appear to have more than a few dozen employees. However, around 150 people work here in three shifts each day, and six days out of seven each week.... (0 views)
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Major private energy traders" profits evaporate - Azi
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What made IKEA give up production in Romania? - Azi
All newsThe business model that brought IKEA annual sales of over 20bn euros, which targets the lowest possible costs, was the reason why the Romanian plant, held by its production unit, Swedwood, was forced to close down. The retailer is pursuing a maximum... (0 views)
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Banks achieve better cost control in H1 - Azi
All newsThe banking system succeeded in improving cost management over the last year, so the share of costs in overall revenues fell by over 6 percentage points, from 62.73% in the first half of 2007, to 56.55% in the first half of 2008. At the end of last... (0 views)
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Michael Lafferty: Card market still has a lot of room to...
All newsThe Romanian bankcard market still has a significant growth potential, even in comparison with other markets in the region, according to Michael Lafferty, Chairman of Lafferty Group - a renowned independent international organisation involved in... (0 views)
