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Romania’s 10-Mo Trade Def Up 11.2% On Yr To EUR19.19B

10:03, 10 Dec. 2008
Romania's January-October trade deficit rose 11.2% on the year to EUR19.19billion, from EUR17.26 billion in the same period a year earlier, but exports grew at a higher pace than imports during the first ten months,the National Statistics Institute reported Wednesday.

Romanian Soc Democrat Leader Confident New PM Appointed Wed

22:28, 09 Dec. 2008
Romania might have a new premier tomorrow evening, following a new round of consultations between President Traian Basescu and the two parties most likely to form a coalition government, namely the leftist Social Democratic Party and the centrist democrat liberals, social democrat leader, Mircea Geoana said Tuesday.

Kevin Reynolds Named Romania’s Automobile Craiova New Chairman

20:32, 09 Dec. 2008
Kevin Reynolds, the strategy and financial department manager of Ford Europe, was officially named Tuesday as the new chairman of the Managing Board of Romania’s auto assembly plant Automobile Craiova (AUCS.RO), owned by U.S. automaker Ford.

Romania’s GDP To Grow By 3.2% In ’09 – World Bank

20:31, 09 Dec. 2008
Romania’s economic growth will slow down to 3.2% in 2009, from 8.6% in 2008, according to the World Bank’s Global Economic Prospects 2009 report, released on Tuesday.

Romanian Minority Party UDMR Wants Equal Partnership In Coalition Govt

20:15, 09 Dec. 2008
The Democratic Union of Hungarians in Romania, or UDMR, would rather join the Opposition than be treated as the “fifth wheel” in the coalition government, UDMR deputy president Laszlo Borbely said Tuesday.

Romanian Car Dealers Stage Protests Against Triple Car Tax

19:13, 09 Dec. 2008
Officials of 40 used-cars dealerships in Salaj County, northwest Romania, said will organize protests on Thursday against the government’s recent decision to triple the registration tax for used cars.

Romanian Suspect Arrested In Killing Of Chad Leader’s Son

19:06, 09 Dec. 2008
Romanian Marin Cioroianu – former member of the Foreign Legion accused of being involved in the murder of the Chad President’s eldest son – said he was not at the scene of the crime, as he had been drinking with his employer throughout the entire night before the murder, according to his lawyer.

Lukoil Romania Cuts Gasoline, Diesel Oil Prices

17:51, 09 Dec. 2008
Lukoil Romania, a unit of Russian oil company Lukoil Holdings, cut Tuesday its gasoline and diesel oil prices by 0.12 lei (EUR1=RON3.8998) and RON0.06, respectively, the company announced.

Romanian Environment Min Refused To Sign Decree Tripling Car Tax

16:23, 09 Dec. 2008
Romanian environment minister Attila Korodi said he is discontent by the haste with which the Romanian government decided to triple the car tax without internal consultations or approval from the European Commission and refused to sign the government emergency decree on the tax.

Romanian IM, Communication Service Alonia Reports 30,000 Clients

16:21, 09 Dec. 2008
The total number of users of the online communications service Alonia, launched by communication services operator Media Sat on December 1, reached 30,383 clients Tuesday, according to data provided by the company.

Romania’s Car Tax Tripled As Of Monday Upon Govt Decision Publication

16:20, 09 Dec. 2008
Romania’s pollution tax on cars tripled as of Monday, when the government decision amending the tax was published in the country’s Official Gazette.

Romania’s Fertilizer Plant Nitroporos To Lay Off 500 Staff In ‘09

16:02, 09 Dec. 2008
Romanian-British joint venture InterAgro will lay off some 500 employees at its Nitroporos company, trade union officials said Tuesday, threatening full-scale protests against the decision.

EC: Romania Should Lift Car Tax For Used Cars Registered In EU Until Dec 2009

15:48, 09 Dec. 2008
The European Commission officially responded to the Romanian government’s decision to introduce a one year exemption from the car tax, but noted a “technical problem”, saying the exemption should be granted for used cars registered in EU during the exemption period but brought into Romania later.

Some 4,000 Liters Of Blood Donated In Romanian National Blood Donation Program

15:30, 09 Dec. 2008
Some 4,000 liters of blood were donated in the past five months within the Romanian national blood donation program "A chance for life," which will be extended to another ten counties in Romania.

Romanian Carmaker Dacia To Consider Other Measures If Production Halts Don’t Unfreeze Mkt

15:08, 09 Dec. 2008
Romanian Carmaker Dacia, a unit of France’s Renault, will consider other measures in spring if further production halts set for January and February don’t “unfreeze the market”, general manager Francois Fourmont said late Monday.

Romanian Court Closes Consultancy Fee File On RomTelecom’s Privatization

14:34, 09 Dec. 2008
Romania’s Supreme Court on Tuesday ruled against reopening the file on the privatization of telecom operator RomTelecom, in which several dignitaries were investigated in relation to embezzlement and corruption charges.

Romanian November Jobless Rate Rises To 4.1% – Employment Agency

14:34, 09 Dec. 2008
Romania’s unemployment rate rose to 4.1% in November, 0.1 percentage point higher from 4% in October, the Romanian employment agency, or ANOFM, said Tuesday.

Transparency International: Romanian Anticorruption Measures Are Insufficient

13:43, 09 Dec. 2008
The Romanian unit of Transparency International sent a series of propositions to Romanian Parliament parties, suggesting the improvement of Government agendas by adding more concrete anticorruption measures. The organization now awaits acknowledgement from the politicians.

Ghanese Goalkeeper Dies At 36 Following Severe Car Accident Near Bucharest

11:42, 09 Dec. 2008
Ghanese goalkeeper Ibrahim Dossey died Monday night in Bagdasar Arseni Emergency Hospital in Bucharest, Ionut Dragomir, player for the Romanian team Minerul Lupeni, told MEDIAFAX.

Global Employment Outlook Weaker For 1Q 2009 – Survey

11:33, 09 Dec. 2008
Only 28% of companies worldwide are seeking to hire people in the first quarter of 2009, down four percentage points from the fourth quarter of 2008, and Romania has the most positive hiring outlook in the Europe, Middle East and Africa region, according to a survey of human resources company Manpow

Romanian Ambassador To Malaysia Evacuated Following Landslide

09:59, 09 Dec. 2008
Romanian ambassador to Malaysia Petru Petra and his wife Emilia are among the hundreds of people who were evacuated from a neighborhood in Kuala Lumpur due to the landslides brought about by massive rain, Malaysia Star daily reported in its Tuesday electronic edition.

New Romanian PM Could Be Announced On Dec 10

23:07, 08 Dec. 2008
Romanian President Traian Basescu will announce, most likely Wednesday, the name of the appointed Prime Minister, sources close to the talks between the head of state and the political leaders told MEDIAFAX.

Romanian President, Parliament Parties Talk On Forming Govt

21:48, 08 Dec. 2008
Romanian President Traian Basescu on Monday evening held talks with the leaders of parliamentary parties in view of forming a coalition government.

Romanian Prosecutors Seize RON20M In Fraudulent Privatization Case

19:35, 08 Dec. 2008
Romanian anticorruption prosecutors seized a building and 20 million lei (EUR1 = RON3.8573) from the property of Conservative Party leader Dan Voiculescu, in the case involving the privatization of the Food Research Institute.

The Romanian Liberals Are Not Officially In Opposition – Head

18:55, 08 Dec. 2008
Romanian liberal head Calin Tariceanu, said Monday at the end of the party’s Central Political Office meeting that the liberals are not officially in opposition, and they have the same position as last week. He added the party can choose to make “major concessions” or go to opposition.

Over 35,000 Romanians Lose Jobs In Spain In Oct ’08 – Employment Agency

17:53, 08 Dec. 2008
Nearly 32,000 Romanians lost their jobs in Spain in September this year and over 35,000 in October, which indicates that over 3,000 Romanians were sacked in one month alone, Romania’s employment agency ANOFM informed Monday.

Two Thirds Of Romanian Employees Fear For Their Jobs Over Crisis – Poll

17:37, 08 Dec. 2008
Two out of three Romanian employees fear for their jobs because of the international financial crisis, and the most concerned are people aged 18 to 25 and those working in agriculture, real estate, telecom, finance and administration, according to a poll conducted by online recruiter NetJobjs.

Bucharest Old Apartment Prices Fall By Up To 13% M-M – Colliers

17:35, 08 Dec. 2008
Prices of old apartments in Romania's capital city Bucharest fell on average by up to 13% on the month in November, with the largest price decrease in the third district, according to the most recent report on apartment price index of real estate consultancy company Colliers.

Romanian Car Mkr Dacia Drops 620 Temps, Halts Production Until January 11, ‘09

17:34, 08 Dec. 2008
Romanian car maker Dacia decided not to extend 620 temporary labor contracts that expire late December, confirmed a new cease of activity, between December 11 and January 11, and announced it is switching to a lower output.

Romanian Social Democrats, Liberal Democrats To Start Talks On Coalition Govt

17:29, 08 Dec. 2008
Romania’s leftist Social Democratic Party, together with centrist Democrat Liberal Party will start negotiations in view of forming a coalition government, social democrat head Mircea Geoana said Monday.

Romanian Fondul Proprietatea Listing Is Private Hldrs Decision – Official

16:41, 08 Dec. 2008
Romanian investment fund Fondul Proprietatea will be listed on the Bucharest Stock Exchange when the private minority shareholders’ want to, and their decision will be respected by the fund’s main stockholder, the Finance Ministry, Sebastian Vladescu, head of the selection committee, said Monday.

Fincl Crisis To Peak In 3-12Mos, Romanian Govt Should Cut VAT – Rompetrol Head

16:07, 08 Dec. 2008
The global economic crisis might peak in the next three to twelve months, so that thee Romanian government should support the economy and even consider a cut in the value added tax, or VAT, to 15%, the general manager of Romanian oil company Rompetrol, Dinu Patriciu, said Monday.

Kraft Foods Romania Employees, Mgmt Reach No Agreement In Severance Pay Negotiations

14:42, 08 Dec. 2008
Employees of Kraft Food’s chocolate factory in Brasov, central Romania, reached no agreement with management on severance pay and will resume talks Wednesday.

Romania’s Rompetrol To Cut Gas, Diesel Oil Pump Prices By RON0.12, RON0.06/Liter

14:41, 08 Dec. 2008
Romania’s second-largest oil company Rompetrol, owned by Kazakhstan's KazMunaiGaz, will cut Tuesday its gasoline prices by 0.12 lei (EUR1=RON3.8545) per liter and diesel oil prices by RON0.06, the company said in a statement.

Romanian Textile Cos To Lay Off Over 40,000 Employees In ‘09 – Employers Assoc

14:10, 08 Dec. 2008
Over 40,000 employees in the textile industry, or 15-20% of the total jobs in the industry, might be laid off next year, due to a cutback in exports, Maria Grappini, head of Textiles, Fabrics and Leather Employers Federation, or FEPAIUS, said Monday.

Romanian Authorized Individuals Have Until Apr 25 ’09 To Declare Themselves Active

13:58, 08 Dec. 2008
Romanian authorized individuals, individual enterprises and family enterprises can choose, until April 25, 2009, to continue commercial activities, otherwise they will be removed from the registry, said the Romanian National Trade Registry (ONRC).

Romanian Children Attempt To Write Longest Letter To Santa

13:18, 08 Dec. 2008
Over one thousand school children aged 8 to 14 in Brasov county, central Romania, started writing Monday what they hope will be the longest letter to Santa Claus.

Romania’s Petrom Cuts Gasoline, Diesel Oil Prices

12:18, 08 Dec. 2008
Romania’s largest oil company Petrom SA (SNP.RO) will cut Monday gasoline prices by 0.12 lei (EUR1=RON3.8545) per liter and diesel oil prices by RON0.06, the company said in a statement.

Magyar Democratic Union Backs Coalition With Romanian Democrat Liberals

11:58, 08 Dec. 2008
Romanian democrat liberals prefer to have the Magyar Democratic Union in any of their Government structure scenarios, which means that the ethnic party is offering support to a democrat liberal Prime Minister, democrat liberal leader Emil Boc said after talks with the Magyars on Monday morning.

Romanian Carmaker Dacia Resumes Prod After Nearly 3 Weeks Of Inactivity

11:15, 08 Dec. 2008
Romanian carmaker Dacia, the local unit of French Renault, resumed production Monday morning after it previously halted operations for nearly three weeks, citing lower demand on the local and export markets.