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Italy’s Marcegaglia To Set Up Car Parts Plant NW Romania

20:56, 21 Oct. 2008
Italian cold steel re-roller and tube maker Marcegaglia will invest some tens of million of euros in a car parts and damping device plant in Tetarom III industrial park, in Jucu, Cluj County, northwestern Romania, which will create up to 500 jobs.

Transgaz Denies Talks With Gazprom On Involving Romania In South Stream Proj

19:40, 21 Oct. 2008
Officials in Romania's state-owned gas pipeline operator Transgaz (TGN.RO) claim they did not discuss last week in Moscow with the representatives of Russian natural gas monopoly Gazprom about the possibility to include Romania in the South Stream gas pipe project, as the media said.

Romania, Hungary To Mutually Recognize Diplomas

17:13, 21 Oct. 2008
The Romanian and Hungarian governments agreed Tuesday in a joint meeting in Szeged, Hungary, that diplomas granted by the education institutions accredited in both countries will be mutually recognized.

Bechtel Holds Romania’s Transylvania Highway Back, Not Funding – Romanian PM

16:49, 21 Oct. 2008
The problems with the construction of the Romanian highway between Brasov and Bors are not brought by the lack of budget funding, but by the inability of American company Bechtel to observe contract provisions, Romanian Prime Minister Calin Tariceanu said Tuesday.

Romanian PM Abandoned All Hope That Lawmakers Will Adopt Natiaonl Minorities’ Law This Year

16:40, 21 Oct. 2008
Parliament debates on the statute of national minorities will be inherited by Romania’s future government, Romanian Prime Minister Calin Taricaenu said Tuesday, adding there is no hope the law would be adopted in the current parliament session.

Romanian Healthcare Employees Demand Higher Wages, Threaten General Strike

15:46, 21 Oct. 2008
Members of Romania’s Sanitas Federation threaten to stage protests in capital city Bucharest on Nov 4 and a general strike on Nov 20, considering that health minister Eugen Nicolaescu went aboard although they had to meet Tuesday and discuss potential wage hikes for employees in the healthcare system.

Road Toll Stickers For Romania, Hungary Available In Customs Points

15:32, 21 Oct. 2008
Romanian car drivers who travel to Hungary and Hungarian drivers who enter Romania can buy road toll stickers at customs Nagylak and Varsand, and by end-October, the stickers will also be available in other border crossing points.

Bucharest Public Finance Auth Forecloses TV Station

15:07, 21 Oct. 2008
Bucharest’s District 3 Public Finance Administration foreclosed the company Ocram Televiziune SRL, by cashing 847,500 lei (EUR1=RON3.6207) following 82 decisions of the National Audiovisual Council (CNA) to fine the television station OTV, between January 1, 2004 and September 30, 2008.

Ctrl Bker: Romanian Cos Should Speed Up EU Funds Attraction Process

14:42, 21 Oct. 2008
Romanian companies should speed up the process of attracting EU funds, as financing from banks will become more expensive, given the current international financial crisis, central bank deputy governor Eugen Dijmarescu said Tuesday.

Number Portability Tariffs In Romania Set At EUR11/13

14:41, 21 Oct. 2008
Mobile network operators and hard-line operators will have to pay EUR11 and EUR13, respectively when a client wishes to switch to a different telecom operator and keep the number, Liviu Nistoran, head of Romania's telecom regulator ANC, said Tuesday.

EC Backs Lower Mobile Interconnection Tariffs In Romania

13:56, 21 Oct. 2008
The European Commission endorses Romania’s IT&C authority ANC in its move to lower interconnection tariffs for mobile telephony networks, spokesman of EU commissioner for Information Society and Media, Martin Selmayr, said Tuesday.

Romanian PM Calls For Romania, Hungary EU Coordinated Strategy In Pwr Field

13:38, 21 Oct. 2008
Romania and Hungary should coordinate their electric power strategies at a European Union level and should complete, as soon as possible, the inter-governmental agreement on Nabucco pipeline, Romanian Prime Minister Calin Tariceanu said Tuesday.

Romanian Senators OK Creation Of New Commission In Charge Of Revolutionary Certificates

13:31, 21 Oct. 2008
The Romanian Senate adopted Tuesday an amendment to the law on gratitude toward martyr heroes of the 1989 Revolution, creating a new commission to certify the authenticity of revolutionaries’ certificates.

Romanian Presidency Submits Education Strategy For Public Debate

13:30, 21 Oct. 2008
The leader of the presidential commission on education, Mircea Miclea, drafted a strategy for the upgrade of education, based on the propositions made by some of the participants in the Pact for Education.

Court Allows Medical Expertise For Romanian Ex General Stanculescu

13:01, 21 Oct. 2008
The Bucharest Military Court allowed Tuesday the request made by Victor Athanasie Stanculescu for a medical expertise at the National Forensic Medicine Institute, meant to establish of Stanculescu can carry out his 15 year sentence in prison.

Telecom Op Vodafone Romania To Cover Number Portability Costs By Yearend

12:26, 21 Oct. 2008
Telecom operator Vodafone Romania, owned by giant telecom group Vodafone, will cover all portability costs by the end of the year for users wishing to switch to its network.

Over 50 Romanian Foresters Picket Agriculture Ministry, Demanding 25% Risk Benefit

11:50, 21 Oct. 2008
Over 50 Romanian foresters are picketing Tuesday the building of the Agriculture and Rural Development Ministry, demanding the granting of the 25% risk benefit stipulated in the Forestry Code, and its inclusion in the next year’s budget.

It Is Time Romania Resumed Relations With Syria – Romanian President

11:37, 21 Oct. 2008
Romanian President Traian Basescu said Tuesday in a meeting with the representatives of the Syrian Chambers of Commerce and Industries Federation that the message he brings in his official visit is that Romania wishes to resume relations between the two states.

Actress, Singer Give Up Candidacy Along Greater Romania Party In General Elections

10:48, 21 Oct. 2008
Romanian actress Oana Zavoranu and singer Aurelian Temisan decided to give up their candidacy in the upcoming parliamentary elections along the far-right Greater Romania Party (PRM), citing artistic career moves.

Romanian Econ Growth Seen At 4%- 6% In ‘09 –PM

10:23, 21 Oct. 2008
Romanian economic growth is seen at 4% to 6% in 2009, provided that wages stay at an economically sustainable level, Prime Minister Calin Tariceanu said Monday, pointing to the talks with Government economic analysts on the international financial crisis.

The Economic Growth Is Good, But Not Healthy – Romanian Pres

19:49, 20 Oct. 2008
Romanian president Traian Basescu said Monday in Damascus, in a meeting with the members of the Romanian community in Syria, that "Romania’s economy is working and is growing, though it cannot be called a healthy growth," adding that investments in infrastructure will be unfolded next year.

U.S. Energy Quest, Italy’s COFAMM Set Up Energy-From-Waste Venture In Romania

19:48, 20 Oct. 2008
U.S. Energy Quest Inc. on Monday said it has signed a memorandum of understanding (MOU) with Italy’s recycling machine manufacturer COFAMM on the construction of a 500 ton per day municipal solid waste gasification plant in Romania, which will generate 20 megawatts of power.

Romania 9-Mo New Car Sales Dn 2.6% YY To 222,997 Units

19:15, 20 Oct. 2008
New car sales in Romania fell 2.6% on the year to 222,997 units in the first nine months, the Automotive Manufacturers and Importers Association, or APIA, said in a statement Monday.

Romanian Privatization Agency To Sack Avioane Craiova’s GM

18:36, 20 Oct. 2008
Romania’s privatization authority AVAS authorized the institution's representative in the Board meeting of airplane maker Avioane Craiova to vote on Wednesday for the dismissal of Anatolie Boldisor from his current position of plant’s general manager, following the company’s employees protests.

Romanian Ctrl Bker: Mkt Worries Cause Lending Slowdown, Not Ctrl Bk Rules

18:28, 20 Oct. 2008
The lending slowdown in the last period was caused by the uncertainties on the local and international financial market, not by the central bank’s new regulations regarding household lending, Romania’s central bank governor Mugur Isarescu told a press conference Monday.

Romanian Competition Council Fines Retailers Billa, Pic, Spar For Incorrect Data

16:52, 20 Oct. 2008
Romania’s Competition Council fined retailers Billa Romania, Pic and Spar with a total of 3.22 million lei (EUR1=RON3.6691) for providing incorrect information in the institution’s investigation concerning the sale of food products, the Council announced Monday.

Ctrl Bker: Money Mkt Malfunctions Are Temporary

16:08, 20 Oct. 2008
Romania’s central bank governor Mugur Isarescu said Monday the recent malfunctions on the monetary market are only temporary and the market will solve them in time.

Iran’s Nuclear Program Should Be Transparent – Romanian President

15:40, 20 Oct. 2008
Iran is free to unfold civil nuclear programs, but should keep them transparent to avoid suspicions that it might be developing nuclear weapons, Romanian President Traian Basescu said Monday in Damascus after a meeting with Syrian President Bashar al-Assad.

Romanian Medicine Distributors, Importers Demand Imported Drug Price Recalculation

15:39, 20 Oct. 2008
Romanian medicine distributors warned that the situation of imported medicine found on the compensated list and included in the National Programs is not solved, and demanded the immediate recalculation of the price for the mentioned products.

Romanian PM To Discuss Fincl Crisis With Economic Experts

15:24, 20 Oct. 2008
Romania’s Prime Minister Calin Popescu Tariceanu meets Monday, at 1200 GMT, with economic experts to discuss the necessary measures to limit the effects of the international financial crisis on the Romanian economy.

Romania Integrity Agency Eyes Amendments To Wealth Statement Regulations

15:00, 20 Oct. 2008
Romania’s National Integrity Agency (ANI), an institution checking the correctness of wealth statements submitted by dignitaries, plans to urge amendments to the law regulating the agency’s activity to eliminate the EUR5,000 threshold from wealth statements, ANI head Catalin Macovei said Monday.

Intl Fincl Turmoil To Cause Layoffs In Romania – Businessmen

14:34, 20 Oct. 2008
The international financial turmoil could trigger layoffs in Romania, as local companies are already revising their costs and staff structure, but some companies, especially the market leaders, could take advantage to create new business opportunities, according to the country’s businesspeople.

Romanian Democrat Liberals To Submit Symbolic No-confidence Motion

14:19, 20 Oct. 2008
Romanian Democratic Liberal Party (PDL) leader Emil Boc said Monday the party will submit a symbolic no-confidence motion against the "government" of liberals and social democrats.

Romanian, Syrian Presidents Talked About Runaway Terrorist Omar Hayssam

14:00, 20 Oct. 2008
Romanian President Traian Basescu said Monday after a meeting with Syrian President Bashar al-Assad that talks included Syrian business man Omar Hayssam, tried and convicted in Romania for terrorism and thought to be hiding in Syria.

Romania’s Ex- Econ Min Accounts For Past Actions In Front Of Prosecutors

12:33, 20 Oct. 2008
Romania’s former economy minister Codrut Seres appeared Monday morning before the prosecutors with the Department for the Investigation of Organized Crime and Terrorism, or DIICOT, to answer questions targeting the file of state-owned hydropower generator Hidroelectrica.

Romania’s Rompetrol Cuts Gas, Diesel Oil Pump Prices By RON0.02, RON0.03 Per Liter

12:12, 20 Oct. 2008
Romania’s second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, will cut Monday its gasoline and diesel oil pump prices by 0.02 lei (EUR1= RON3.7353), and RON0.03 per liter, respectively, the company said in a statement.

Romanian Film „Boogie” Gets Award For Script At Hamptons International Film Festival

11:43, 20 Oct. 2008
Romanian director Radu Muntean’s feature film "Boogie" received the Zicherman Family Foundation for its script Sunday at the Hamptons International Film Festival (Oct 15 - 19), where the film had its U.S. premiere, the Romanian Cultural Institute in New York (ICRNY) said.

Romanian Airplane Mker Avioane Craiova Employees Resume Protests

10:26, 20 Oct. 2008
Romanian airplane maker Avioane Craiova’s employees resumed protests on Monday morning, and some 200 people urged the resignation of the plant’s general manager Anatolie Boldisor.

Romanian Defense Minister Voices Out Core Issues For Military

22:05, 19 Oct. 2008
Romania’s defense minister Teodor Melescanu said Sunday that a young soldier starts his military career with a salary of nearly 1,100 lei (EUR1=RON3.7353), adding this is one of the reasons pushing many soldiers to pursue other careers.

Romania Defense Ministry Budget Seen At Nearly 1.5% Of GDP In ‘09- Def Min

17:36, 19 Oct. 2008
Romania’s Defense Ministry budget for 2009 is seen at nearly 1.5% of the gross domestic product, or GDP, acting minister Teodor Melescanu said Sunday at the MIL FEST event.