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BUCHAREST / 21:04, 14.08.2008 Romaniaa€™s FC Vaslui on Thursday secured a 2-0 away win over Lithuanian Metalurg Liepajas in the UEFA Cup second qualifying round. Senegalese Ousmane N"Doye opened the scoring in the 69th minute, and Stanislav Ghencev made it two only four minutes later. The return match is set for... [related news and comments]
CLUJ-NAPOCA / 19:48, 14.08.2008 Potential problems with the construction of Transylvania Motorway, which connects central Romanian Brasov to western Bors, should be linked to U.S. constructor Bechtel, as the Romanian authorities have done their part of the deal, economy and finance Minister Varujan Vosganian said... [related news and comments]
BUCHAREST / 19:24, 14.08.2008 Romaniaa€™s state-owned railway company CFR on Thursday said train drivers were instructed to reduce speed during daytime, when track temperatures can exceed 50 degrees Celsius. CFR said the heatwave in the country has increased the chance of rail lines buckling. Passenger trains are not... [related news and comments]
BUCHAREST / 19:22, 14.08.2008 A bear attacked a group of three German tourists in Bucegi Mountains, central Romania, severely wounding a man while he was asleep, mountain rescuers said Thursday. They said the three German tourists, together with a Romanian national, were camped in a forbidden area in Lunca Padinei. ... [related news and comments]
BUCHAREST / 17:28, 14.08.2008 Romaniaa€™s Association of Credit Brokers, or ARBC, on Thursday warned individuals not to disclose sensitive data or to present personal documents and information when applying for a job, following a recent incident when several people were victims of a fraud. Under the pretext of... [related news and comments]
BUCHAREST / 15:54, 14.08.2008 Twelve bears were captured in mountain resort Sinaia, central Romania, and will be taken to a reservation in Arges county, southern Romania, as they had come down into town numerous times over the last few days, Sinaia mayor Vlad Oprea said Thursday. A Oprea said the local authorities... [related news and comments]
BUCHAREST / 15:23, 14.08.2008 Romaniaa€™s trade union Cartel Alfa on Thursday urged Russian and Georgian authorities to cease fire and peacefully resolve their differences, after the Caucasus conflict left ten members of the Longshoremen Union in Georgiaa€™s port of Poti dead and 15 others injured. "We urge the... [related news and comments]
WASHINGTON / 13:33, 14.08.2008 U.S. Secretary of State Condoleezza Rice on Wednesday said NATO membership allows states to resolve old conflicts, giving as example the differences between Romania and Hungary and between Bulgaria and Turkey. "(…) one of the reasons for NATO Membership Action Plan and,... [related news and comments]
Companies that employ the around 10,000 expats that work in Romania fork out 100 million euros each month (1.2 billion euros per annum), given that the average salary package of a foreign manager revolves around 10,000 euros a month. "For the multinational companies present on the Romanian market, there are at least... [related news and comments]
IKEA, the Swedish-based furniture and home decor retailer, which opened its first unit in Romania last year, could bring its mobile telephony service to Romania. The service was recently launched in Great Britain, in partnership with German operator T-Mobile. "There?s a partnership between IKEA and T-Mobile, through... [related news and comments]
The first acquisition on the private pensions market could occur by the end of the year, according to Mircea Oancea, head of the Private Pensions Supervisory Commission (CSSPP). Private pensions are considered the business of the next few decades, with companies forecast to manage sums worth billions of euros. "We... [related news and comments]
The liberalisation of the petroleum market at the beginning of 2007 took the business of local petroleum trader Oscar Downstream straight into the top ten of local petroleum companies, after Petrom, Rompetrol, Lukoil and Mol. The company?s presence in the ranking, right behind these companies, makes Oscar Downstream... [related news and comments]
Autoitalia Group, the importer of Maserati on the local market, sold 23 cars on behalf of the Italian manufacturer in the first seven months of the year, to which another two will be added and will be delivered this month. "Maserati?s turnover in Romania will exceed 2.6m euros at the end of this month, which... [related news and comments]
MOL Romania, the local branch of the Hungarian group MOL, posted a 24% increase in turnover in RON, to around 1,052.9 million RON (286.9 million euros), compared with the same time last year, when it reported turnover worth 849.15 million RON (255 million euros). "Considering the increase in the demand for fuel in the... [related news and comments]
Home appliances producer Arctic, held by Turkish group Ar?elik, saw a 3% decline in sales and a 5% drop in turnover in the first six months of the year against the same time last year, amid a decline in exports of the Gaesti-based plant. In the first half of this year, Arctic sold 667,000 home appliances, down by... [related news and comments]
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