News 17 July 2008


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    16:39, 16.07.2008 Romanian Basketball Women Juniors Face...

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    BUCHAREST / 16:39, 16.07.2008 The Romanian women basketball players, in the junior category, who attended two friendly tournaments in western Europe in June, were victims of discrimination in France and Italy, said the president of the Romanian... (0 views)

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    15:40, 16.07.2008 Romanian Govt Grants RON3.7M For...

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    BUCHAREST / 15:40, 16.07.2008 The Romanian government approved an additional 3.7 million lei (EUR1=RON3.5952) from budget reserves to pay for lifeguard services on the Romanian Black Sea coast.A The sum will be divided between the local councils in... (0 views)

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    15:06, 16.07.2008 Romanian PM Proposes 8% Minimum Wage Hike...

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    BUCHAREST / 15:06, 16.07.2008 Romanian Prime Minister Calin Popescu Tariceanu proposed Wednesday to the trade unions a minimum wage hike to 540 lei (EUR1=RON3.5952) from RON500 at present, which is to grow to RON600 on January 1, 2009.On long term,... (0 views)

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    13:30, 16.07.2008 Romanian June Annual CPI 8.7%, Fifth...

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    BUCHAREST / 13:30, 16.07.2008 Romania ranks fifth among EU member states with respect for the annual inflation rate in June, which is 8.7%, double the 4.3% average calculated on a community bloc level, according to a report issued by the Statistical... (0 views)

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    13:25, 16.07.2008 Romanian PM Urges Italian Authorities Not...

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    BUCHAREST / 13:25, 16.07.2008 Romanian Prime Minister Calin Tariceanu asked Italya€™s ambassador to Bucharest to tell Italian authorities that Romania is concerned about Italya€™s decision to fingerprint nomads across the country, adding the... (0 views)

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    13:09, 16.07.2008 Romanian Govt OKs 2nd Budget Revision In...

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    BUCHAREST / 13:09, 16.07.2008 The Romanian government Wednesday approved the second budget deficit revision this year, giving more funds to Transportation, Economy, Defense and Environment Ministries.On Tuesday, government sources said the general... (0 views)

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    12:26, 16.07.2008 Romaniaas Union of Plastic Artists...

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    BUCHAREST / 12:26, 16.07.2008 The Romanian Union of Plastic Artists lost its main residence in Bucharest, and the building was being evicted Wednesday morning, following the mayoraltya€™s decision to return it to previous owners.A The Romanian Union... (0 views)

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    11:12, 16.07.2008 Romaniaas 5-Mo Curr Acct Def +11.08% On...

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    BUCHAREST / 11:12, 16.07.2008 Romaniaa€™s current account deficit rose 11.08% on the year in January-May period to EUR6.526 billion, due mainly to a rise of the trade deficit, the central bank said in a statement.In the first five months the year... (0 views)

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    Petrom and Romgaz derived highest profits in 2007 - Azi

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    Raiffeisen Locuinte poised to absorb HVB Locuinte - Azi

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    Housing banks Raiffeisen Banca pentru Locuinte (RBL) and HVB Banca pentru Locuinte, which specialise in saving-lending, could merge by the end of this year, after RBL shareholders signed an agreement on Tuesday to take over the full stake in HVB... (0 views)

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    Altex revises estimated turnover down by 30m euros - Azi

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    Altex, the largest electronics and home appliances retailer on the local market, has downwardly revised its estimates for this year"s turnover to 400 million euros, after, at the beginning of 2008, the company forecast turnover worth 430... (0 views)

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    MOL: Fuel sales up 10%, despite higher pump prices - Azi

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    Volumes of petrol and diesel oil sold are up 10% since the beginning of the year against last year, despite the unprecedented rise in pump prices, after oil prices repeatedly hit record highs."A large part of the advance is due to transport... (0 views)

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    Brandient in talks with international partner - Azi

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    Aneta Bogdan, managing partner of Brandient, the leading branding agency on the local market, says the company is in negotiations with an international strategic partner to sell a stake. However, she rules out giving up control of the... (0 views)

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    Czechs buy Avioane Craiova for 16 million euros - Azi

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    Czech AERO Vodochody, held by private equity fund Penta Investments, will take over the majority interest in aircraft manufacturer Avioane Craiova, after the State Assets Resolution Authority (AVAS) deemed its financial bid worth 16.3 million euros... (0 views)

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    Martinsa-Fadesa Romanian project still unaffected - Azi

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    Spanish construction and real estate development group Martinsa-Fadesa, which operates on the Romanian market, has become the first Spanish publicly listed company forced to seek bankruptcy protection after failing to get a loan to refinance debt.... (0 views)