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News 23 July 2008
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20:53, 22.07.2008 ECas Report On Romania To Leave Out...
All newsBRUSSELS / 20:53, 22.07.2008 The European Commissiona€™s report on Romania, due for release tomorrow (July 23), will most likely leave out a section that would condition Romaniaa€™s accession to Schengen and Euro areas by its progresses in fighting... (0 views)
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19:37, 22.07.2008 Lukoil Romania Cuts Gasoline, Diesel Oil...
All newsBUCHAREST / 19:37, 22.07.2008 Lukoil Romania, a unit of Russian oil company Lukoil Holdings, cut last week certain gasoline and diesel oil pump prices, after they were hiked by up to RON0.12 per liter early July.Thus, one liter of COR 98 unleaded... (0 views)
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18:51, 22.07.2008 Romania To Hike Pensions On Nov 1- Labor...
All newsBUCHAREST / 18:51, 22.07.2008 Romaniaa€™s labor minister Paul Pacuraru Tuesday said pensions will be hiked on Nov 1, adding the social insurance budget surplus allows pension hikes two months before the deadline. Pacuraru said last week the social... (0 views)
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18:36, 22.07.2008 Reservists Propose Amnesty For Military...
All newsBUCHAREST / 18:36, 22.07.2008 Romaniaa€™s reservists association on Tuesday reiterated a proposal for a draft act granting amnesty for military actions committed during the Romanian Revolution of December 1989.In reply, the members of the... (0 views)
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18:36, 22.07.2008 Romaniaas First 4-Mo Wine Imports, More...
All newsBUCHAREST / 18:36, 22.07.2008 Romaniaa€™s wine imports reached 11,782 tons in the first four months of 2008, more than double the quantity of wine exports, which totaled 5,106 tons, according to the data offered by the countrya€™s Ministry of... (0 views)
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17:50, 22.07.2008 Seven Cos Interested In Helicopter Mker...
All newsBUCHAREST / 17:50, 22.07.2008 Seven companies are interested in the sale of Romaniaa€™s sole helicopter maker IAR Ghimbav, namely Czecha€™ Aero Vodochody, French Eurocopter, Israelia€™s Marcovici Capital Ltd and Romanian Rups, UTI Systems, Grivco,... (0 views)
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16:38, 22.07.2008 Foreign Investors" 5-Mo Ownership In...
All newsBUCHAREST / 16:38, 22.07.2008 Foreign direct investments as contribution to the share capital of companies registered in Romania reached EUR1.86 billion in the first five months, more than double compared to EUR890 million in the corresponding... (0 views)
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15:18, 22.07.2008 Romania Gets Code Orange Weather Warning...
All newsBUCHAREST / 15:18, 22.07.2008 The Romanian meteorological authority issued a code orange warning valid until Wednesday 8 a.m. for eight counties, expecting heavy rains and thunderstorms, said environment minister Attila Korodi.A The orange code... (0 views)
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How Marius Ghenea tripled his construction investment in...
All newsMarius Ghenea, one of the first business angels on the local market, has invested around one million euros in a metal roofing business and is set to cash three million euros.Ghenea, 39, one of the founders of electronics retailer Flamingo, is in... (0 views)
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General Electric gets close to 1,500 employees in Romania -...
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Smithfield bets on small farmers - Azi
All newsSmithfield Ferme, the farm division of the US-based Smithfield group, which posted turnover worth 100 million euros last year, will seal partnerships with small farmers in Timis county and neighbouring counties in order to support the company"s... (0 views)
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Consumer finance makes up 15% of GDP - Azi
All newsThe appetite for consumer loans puts Romania second in the region in terms of the share of this type of financing in last year"s GDP, but at the same time the country is a laggard in terms of its penetration rate of corporate lending, a survey... (0 views)
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One switch among top mandatory pension funds - Azi
All newsBRD has managed to move ahead of the mandatory pension fund managed by BT Aegon, after the third round of contribution collections, which took place at the beginning of this week. All in all, the second pillar pension funds received 27.15 million... (0 views)
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Hot weather drives Borsec"s sales up 36% - Azi
All newsThe Romaqua group posted 36% increase in sales of Borsec mineral water in May and June compared with the annual average, as revealed by the data supplied by the company. May and June are the beginning of the peak season of sales for soft drinks... (0 views)
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Martens" growth slows down - Azi
All newsMartens Galati, one of the main independent brewers on the domestic market posted 6% higher sales in the first five months of the year compared with the same time in 2007. The results, however, reveal a slowdown of the annual growth rate compared... (0 views)
