English

Romanian Leu Exch Rate Touches 5-Yr Low Vs Euro, At RON4.1385

13:36, 08 Ian. 2009
The Romanian leu strongly depreciated Thursday against the euro, and the central bank computed an indicative of RON4.1385 to the euro, the leu's weakest value in five years.

Romania’s Gas Consumption Totally Covered This Winter – Econ Min

13:27, 08 Ian. 2009
Romania’s gas consumption nationwide is totally covered by the local production and gas deposits, while thermal power plants using alternative fuel, due to the halt in Russian natural gas imports, are functioning normally, the Economy Ministry said Thursday.

Romania’s High Council Of Magistrates Worked Intensely In ’08 To Reform Judiciary

13:26, 08 Ian. 2009
The head of Romania’s High Council of the Magistrates, Lidia Barbulescu, said Thursday the council worked intensely throughout 2008 to reform the judiciary, to increase transparency and to be closer to citizens.

Ales Jindra To Coach Romanian Football Champion CFR Cluj

12:41, 08 Ian. 2009
Czech coach Ales Jindra is the new main coach of Romania’s football champion CFR Cluj, while Dusan Uhrin, recently fired from Poli Timisoara, will be the team’s new sports adviser, the team’s official website read.

Romania’s Tarom To Take Lawmakers To Internal Destinations For RON2.3M

12:28, 08 Ian. 2009
Romania’s national airline Tarom will ensure lawmakers’ transport to internal destinations according to a contract worth 2.33 million lei (EUR1=RON4.0720).

Romanian Retailers Drop Free Plastic Bags, Sell Biodegradable, Reusable Ones

11:40, 08 Ian. 2009
Romanian fast moving consumer goods retailers no longer offer free plastic bags to shoppers following the introduction on Jan 1 of an eco tax of 0.2 lei (EUR1=RON4.0720) for these bags.

I Hope Econ Crisis Won’t Affect Justice – Romanian President

11:00, 08 Ian. 2009
Romanian President Traian Basescu said Thursday he hopes the justice system won’t have to suffer from the economic crisis, adding judges will have to find solutions to the moral crisis, if such a crisis exists.

Romanian Pres, PM Discuss Gas Crisis

20:54, 07 Ian. 2009
Romania can overcome the gas crisis is the outer temperature does not drop below minus 15 degrees Celsius or if there are no malfunctions in the system, said Romanian prime minister Emil Boc, confirming that he has talked with president Traian Basescu regarding the cease of gas imports.

E.ON Gaz Romania Asks Ind Consumers To Rationalize Gas Use

18:58, 07 Ian. 2009
Gas supplier E.ON Gaz Romania asked the industrial consumers to rationalize their gas consumption and use other fuels, if possible, warning them that a larger period in Russian gas imports cease and lower temperatures might create fuel supply problems.

Romania’s ELCEN To Buy 200,000 Tons Of Fuel Oil From Petrom For $60M

18:27, 07 Ian. 2009
Romanian power producer Electrocentrale Bucuresti ELCEN, part of state-owned power distributor Termoelectrica, wants to buy 200,000 tons of fuel oil from the country’s largest oil company Petrom (SNP.RO), for which it can pay around $60 million, sources within ELCEN said Wednesday.

Romanian Govt Withdraws The 4 Legal Codes From Parliament To Improve Them

17:05, 07 Ian. 2009
Romania’s Government withdrew from Parliament the Civil and the Criminal Code, as well as the Codes of Civil Procedure and of Criminal Procedure, minister-delegate for the Relationship with Parliament Victor Ponta told MEDIAFAX Wednesday.

Romanian Labor Min, Unions, Employers Discuss Social Agreement

15:36, 07 Ian. 2009
Romanian labor minister Marian Sarbu said Wednesday, before talks with unions and employers, that the representatives of the Executive wish to conclude a four-year social agreement with the social partners, as such an agreement is necessary for Romania.

Romanian Nationals In UK Urge British PM To Lift Restrictions On Labor Mkt

14:57, 07 Ian. 2009
An association of Romanian nationals in the United Kingdom addressed a petition to British Prime Minister Gordon Brown, urging him to lift labor restrictions for Romanian workers, according to information on the official website of the British Prime Minister's Office.

Romanian Carmaker Dacia Sees Record Low Sales 16.7% Dn On Yr, 54.9% Dn In Dec

14:14, 07 Ian. 2009
Sales of Romanian carmaker Dacia dropped on the local market in December 54.9% on the year to 3,622 units, while the deliveries on the entire year 2008 were down 16.7% to 84,719 units.

Romanian Leu Dn Vs Euro, Exch Rate At RON4.0720

14:11, 07 Ian. 2009
The Romanian leu depreciated Wednesday against the euro, trading at around RON4.08 to the euro in mid trade, and the central bank computed an indicative of RON4.0720, a fresh low in four years and two months.

Romanian Insolvency Survivor Rafo Onesti Vies To Stay On Map

14:02, 07 Ian. 2009
The unionists at Romanian refinery Rafo Onesti requested a hearing with Romanian prime minister Emil Boc between January 7 and 15, in order to find a solution that would prevent the layoff of 1,200 employees.

Romanian Ex President Says Authorities Should Be More Politically Involved In Talks With Russia

13:55, 07 Ian. 2009
Romania’s former president Ion Iliescu said Wednesday that Romania’s political relationship with Russia is very important and cannot be ignored and urged Romanian authorities to be more involved, adding President Traian Basescu contacted Vladimir Putin in the morning.

Russia’s Gazprom Says Not Responsible For Gas Cut – Romania’s Econ Min

13:32, 07 Ian. 2009
Russian natural gas monopoly Gazprom declined its responsibility for Romania’s gas deliveries cut, saying it continues to supply gas to Imex Oil and Wintershal, the companies that import Russian gas to Romania, economy minister Adriean Videanu stated Wednesday.

Romanian Health Min Plans Amendment To Decree Banning Cumulated Pensions And Wages In Public Sector

13:19, 07 Ian. 2009
Romanian health minister Ion Bazac will propose to the prime minister the amendment of the recently adopted emergency decree that bans pensioners hired in the public sector to receive both pensions and salaries.

Romanian Econ Min Calls State Of Emergency Over Russian Gas Cut

13:07, 07 Ian. 2009
Romanian Economy Minister Adriean Videanu called Wednesday state of emergency in the energy system, following the cut of Russian gas supplies to Romania.

Romanian Cap City Not Affected By Gas Cut

12:31, 07 Ian. 2009
Romania's capital city Bucharest will not be affected by the cut of Russian gas supplies to Romania, as part of the thermal stations will switch to fuel oil, Virgil Ramba, head of the city's municipally-owned heating company Radet, told MEDIAFAX on Wednesday.

Romania’s Fin Ministry Ups ’09 Budget Def, Inflation Targets

12:09, 07 Ian. 2009
Romania’s new Government will include in 2009 budget draft a slightly higher budget deficit and annual inflation rate than previously announced, a Finance Ministry press release showed Wednesday.

Romania Education Fed Urges Govt To Assign 6% Of GDP To Education Sector

12:02, 07 Ian. 2009
Romania’s National Education Federation urged the government to assign at least 6% of gross domestic product to the education sector, which, it said, should also include the funds needed to hike teachers’ wages.

Putin Discussed Gas Problem With Bulgarian PM, Romanian Pres

11:27, 07 Ian. 2009
Russian Prime Minister Vladimir Putin discussed problems involving Russian gas transit via Ukraine with Bulgarian Prime Minister and Romanian President Traian Basescu over the phone on Tuesday, Itar-Tass reported.

Low Gas Pressure At Mediesu Aurit Station – Transgaz Rep

10:33, 07 Ian. 2009
The regional representative of Romanian state-owned gas pipeline operator Transgaz at Mediesu Aurit gas import station, Dumitru Godanca, confirmed Wednesday that the Russian gas deliveries were halted at the station, saying the gas pressure is lower and lower.

Russian Gas Supplies To Romania Halted

10:03, 07 Ian. 2009
All Russian gas supplies to Romania were halted Wednesday morning, after deliveries were also cut at Mediesu Aurit gas import station at around GMT0700.

A 50% Wage Hike For University Professors Is Too High – Romanian Education Min

19:53, 06 Ian. 2009
The teachers’ wage hike will be included in the draft budget, but a 50% increase is too high for university professors, Romanian Education Minister Ecaterina Andronescu said after talks with the union representatives.

Orphans, AIDS-Infected Children Form Romania’s Image On Europe’s Digital Library

18:10, 06 Ian. 2009
Photos taken in 1990 of orphans and of AIDS-infected children dominate the first page of the European digital library in the search of “Romania”, while other countries are represented by objects of their national patrimony.

Ctrl Romanian Cos To Layoff Over 2,700 Employees In Jan, Feb

16:45, 06 Ian. 2009
The central Romanian Brasov county employment agency published a new list of collective layoffs to be unfolded in January and February. Thus, over 2,700 people in 20 companies will be laid over these two months.

Romania’s Transelectrica, 41 European Pwr Transport Cos Set Up ENTSO-E Org

16:02, 06 Ian. 2009
More than 40 European power transmission operators, including Romania’s power grid operator Transelectrica (TEL.RO), set up an organization aiming to integrate the energy market within the European Union, named the European Network of Transmission System Operators for Electricity, or ENTSO-E.

Romania’s Transelectrica Hikes Tariffs By Up To 7.8% Jan 1

16:00, 06 Ian. 2009
Romania’s state-owned power grid operator Transelectrica (TEL.RO) rose electricity transport and system tariffs by up to 7.8% as of January 1, but kept unchanged the tariffs for the services provided by Romanian power exchange Opcom, based on an order of Romania’s Energy Authority ANRE, the company announced Tuesday.

Romanian Ctrl Bk Keeps Key Rate Unchanged At 10.25%

15:34, 06 Ian. 2009
Romania’s central bank kept unchanged its key monetary policy rate at 10.25% on the year in a Board meeting held on Tuesday.

Romania ’08 Online Credit Card Purchases Reach EUR53.1M, Up Over 50% On Yr

15:23, 06 Ian. 2009
Romanians spent EUR53.1 million in online credit card purchases in 2008, up 53% from 2007, while the local e-commerce market reached 652,000 transactions in 2008, according to Romanian card payment systems provider RomCard.

Some 14,000 Romanians Switched Telephony Ops, Kept Numbers

14:39, 06 Ian. 2009
Some 14,000 Romanian mobile telephony users switched to a different operator in the past two months, without changing their telephone numbers. Most users went to Cosmote Romania – 5,960, followed by Orange Romania – 4,167 and Vodafone Romania – 3,778.

Romanian Businesspeople Eye Lease Of Projects Of National Interest

14:12, 06 Ian. 2009
Romanian business people ask authorities to lease projects of national importance which cannot be funded by the state to private companies, and at the same time come up with arguments why the Government does not resort to international funding institutions to salvage the economy.

EC Pledges To Seek Sol On Russian Gas Supplies Issue – Romanian Govt

14:05, 06 Ian. 2009
Romanian Prime Minister Emil Boc called Tuesday the European Commissioner for Energy, Andris Piebalgs, who gave assurance that he and the European Commission president will jointly seek solutions regarding the Russian gas supplies cut, according to a press release of the government.

Romanian Govt To Notify EC On Russian Gas Issue – PM

13:01, 06 Ian. 2009
The Romanian Government will notify the European Commission and the European Commissioner for Energy on the issues related to the Russian gas supplies cut, in order to inform EC on Romania’s precise condition, the country's Prime Minister Emil Boc said Tuesday.

Romania’s Gas Deficit Covered By Local Supplies, Lower Consumption – PM

12:31, 06 Ian. 2009
Romania’s natural gas deficit will be covered by local companies, gas storage facilities and also by cutting thermal power plants’ consumption and the use of alternative fuels, Romanian Prime Minister Emil Boc said Tuesday.

Nearly 900 Employees Of Romanian Car Parts Mkr Dräexlmaier Hunedoara Resume Work

11:43, 06 Ian. 2009
Nearly 900 employees of Romanian car parts maker Draexlmaier Hunedoara, of the 2,000 employees put on technical unemployment in December 2008, resumed work on January 6 and all employees will get back to work on January 12, union leader Marin Andreescu said Tuesday.

Romanian Leu Keeps Dnward Trend Vs Euro

11:14, 06 Ian. 2009
The Romanian leu opened slightly higher against the euro Tuesday, then it started to depreciate, following the downward trend of foreign currencies on emerging markets.