News 16 August 2008


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    19:05, 15.08.2008 Ukraine Stops Works At Bystroe Canal

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    BUCHAREST / 19:05, 15.08.2008 The Ukrainian authorities annulled their decision to carry on with the second stage of works at the Danube-Black Sea deep-water navigation canal (the "Bystroe Canal Project"), Romanian Foreign Ministry said in... (0 views)

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    18:17, 15.08.2008 Fitch Affirms Romania"s Banca Comerciala...

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    BUCHAREST / 18:17, 15.08.2008 Rating agency Fitch Ratings affirmed Romaniaa€™s Banca Comerciala Romana BCR rating at Long-term foreign and local currency Issuer Default (IDR) A minus, the agency said Friday in a press statement.Fitch also affirmed... (0 views)

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    18:13, 15.08.2008 Romania Might Assign 6% Of GDP To Upgrade...

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    TARGU MURES / 18:13, 15.08.2008 The Romanian government might gradually assign 6% of the gross domestic product, starting with 2009 until 2012, to upgrade the countrya€™s road infrastructure, health minister Eugen Nicolaescu told a press conference... (0 views)

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    17:16, 15.08.2008 Romaniaas Healthcare Might Get 5% Of GDP...

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    TARGU MURES / 17:16, 15.08.2008 The Romanian government might allocate funds matching 5% of the gross domestic product to the healthcare field in 2009, with the percentage to reach 7% of the GDP in 2012, Health Minister Eugen Nicolaescu said... (0 views)

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    14:26, 15.08.2008 Romania Received EUR560M In EU Funds For...

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    BUCHAREST / 14:26, 15.08.2008 Romania received the first tranche of European Union funds for rural development worth nearly EUR560 million, namely, a 7% downpayment of the total sum assigned until 2013 to fund projects contracted via the National... (0 views)

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    14:18, 15.08.2008 Romania Did Send Weapons To Georgia -...

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    BUCHAREST / 14:18, 15.08.2008 Romania did deliver weapons and ammunition to government authorities in Georgia, under the Charter of the United Nations, the international weapon export control regime and the EU code on weapon exports, the Romanian... (0 views)

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    14:15, 15.08.2008 Romania Did Not Export Weapons To Georgia...

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    BUCHAREST / 14:15, 15.08.2008 Romanian defense minister Teodor Melescanu said Friday Romania did not export weapons to Georgia, but there will be check-ups to see whether any such exports were made using intermediaries. "The Ministry of... (0 views)

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    13:48, 15.08.2008 Romania Extended Yellow Code Warning For...

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    BUCHAREST / 13:48, 15.08.2008 The Romanian meteorological authorities (ANM) extended the yellow code warning for heat until Saturday for 14 counties and for the capital city Bucharest, expecting temperatures will continue to rise to 37-38 degrees... (0 views)

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    Distrigaz Sud: 1,645 redundancies cost 17 million euros -...

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    Distrigaz Sud, the largest natural gas transmission and supply company in Romania, has paid out around 17 million euros to 1,645 employees who opted for voluntary redundancies packages, initiated by the company on June 16. Distrigaz Sud currently... (0 views)

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    Pepsi registers faster growth for carbonated drinks - Azi

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    Cora Stolz"s strategy for a new Gregory"s - Azi

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    Training a new team at Gregory?s is one of the new management?s top objectives, whilst the employees? lack of experience is said to be only temporary and due to a shortage of personnel.In March, Cora Stolz, 33, was appointed general manager of... (0 views)

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    Omniasig Pensii: Mandatory pensions to surge in autumn - Azi

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    Around 250,000 university students graduated this year, but not all will join a pension fund because some are already working, whist others will continue their studies and not get a job. However, the number of mandatory pension fund clients will see... (0 views)

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    Loans in Swiss francs could become more tempting - Azi

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    Loans in Swiss francs could become more attractive considering that the franc could strengthen to 1.58 francs against the euro in December, from 1.6211 francs at present, according to an exchange rate forecast released by Raiffeisen Bank. According... (0 views)

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    Water bottlers struggle to attain 2007 sales peak - Azi

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    After a milder-than-usual summer, the mineral water market increased just 11% in terms of volume in the first seven months of the year against the same time last year, half of the water bottlers? forecast. According to data from the National Mineral... (0 views)

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    Kubo Ice Cream shareholders negotiate sale - Azi

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    The producer of Amicii ice cream could be taken over by a foreign private equity fund for 20 million euros, sources from the market told ZF. Shareholders of Kubo Ice Cream, one of the top five ice cream producers on the local market, with annual... (0 views)