English

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.

Energias De Portugal Group Buys Two Romanian Wind Power Cos For EUR8.4M

15:06, 19 Oct. 2008
Energias de Portugal Group (EDP), the world's fourth-largest wind project developer, paid EUR8.4 million to Cyprus-based Renovatio Group Limited for 85% of shares in Romanian companies Renovatio Power and Cernavoda Power, which unfold wind power projects totaling 736 megawatts (MW).

Bucharest District 4 Mayor Sacks Community Police Dept Heads

19:01, 18 Oct. 2008
Bucharest district 4 mayor Cristian Popescu Piedone on Saturday sacked the heads of the district’s Community Police Department, following a sudden checkup at the police precincts, which revealed over police cars had not been used for over three months.

Romania Finds Solution To Drug Supply Crisis

18:04, 18 Oct. 2008
Romania’s Health Ministry and the Romanian Association of International Drug Producers (ARPIM) on Saturday decided to recalculate drugs’ entry price into the country so that drug prices, the insurance budget and the prices of compensated drugs will not be affected.

Romanian Democrat Liberal VP Urges Caution In Public Spending

15:49, 18 Oct. 2008
Theodor Stolojan, vice-president of Romania’s Democratic Liberal Party (PDL) said Saturday that Romania could be affected by the international financial crises unless prudential measures are taken in this respect.

EXCLUSIVE: Romanian Anticorruption Prosecutors Probe High Official In Graft Case

15:12, 18 Oct. 2008
Romanian anticorruption prosecutors launched a probe against media mogul and politician Dan Voiculescu for alleged influence peddling in the file concerning the privatization of the Food Research Institute (ICA).

Two Romanians Die Following Explosion In Spain

19:58, 17 Oct. 2008
Two Romanian citizens died on Friday, in the locality Ledanca, Guadalajara, following an explosion at a gasoline warehouse located in a car park on the highway A-2.

Romanian President Might Choose Not To Promulgate Teachers’ Wage Hike Law – Minister

17:00, 17 Oct. 2008
Romanian labor minister Mariana Campeanu said Friday that president Traian Basescu might not promulgate the law raising teachers’ wages considering he called for prudence in the context of the international financial crisis the day before.

Romania’s Car Tax Revenues To Decrease With Lower Car Sales – Minister

16:36, 17 Oct. 2008
Romania’s revenues from the pollution tax on cars reached 80 million lei (EUR1=RON 3.7353) in the two months since the tax was instated and are seen lower over the next few months following fewer car sales, environment minister Attila Korodi said Friday.

Romanian Democrat Liberal VP Crashes PM In Public Sector Wage Scandal

16:24, 17 Oct. 2008
Cezar Preda, vice-president of Romania’s Democratic Liberal Party (PDL) said Friday, following talks on public sector wages between the government and officials of political parties, that PDL would not get involved with the work group Prime Minister Calin Tariceanu wishes to set up in this respect.

Nokia’s Romanian Unit Employees Demand 50% Wage Hike

15:56, 17 Oct. 2008
Members of the Nokia Romania Free Union demanded Friday a 50% wage raise and the granting of a loyalty bonus of 1% for each year of employment at Finnish mobile giant Nokia’s plant in Jucu, in the northwestern Romanian county of Cluj.

Interim Romanian Police Chief Suspends Procurement Contract Pending Investigation Completion

15:02, 17 Oct. 2008
The interim chief of Romanian Police, Gheorghi Plai, said Friday that procedures have been unfolded for the suspension of the procurement contract targeting police cars, pending the completion of investigations by the National Anticorruption Department.

Romania 6th In The EU On 7-Mo Trade Def – Eurostat

15:00, 17 Oct. 2008
Romania ranks on the sixth position in the EU by the seven-month trade deficit, with a gap of EUR12.9 billion, similar with Portugal's, according to the European Statistics Institute, or Eurostat.

Romanian PM Calls For Work Group On Wage Law

15:00, 17 Oct. 2008
Romanian Premier Calin Popescu Tariceanu on Friday urged for the establishment of a work group to draw up a series of minimum requirements regarding the bill on wages in the public sector.

Romanian Pres Fears State Money Are Placed In Bks With Problems – Sources

14:52, 17 Oct. 2008
Romanian president Traian Basescu told bankers he was afraid that the state’s money might be placed in financial institutions that have problems, a source close to the talks said Friday.

Romanian Pres Invites Bks, Govt For Talks Over Limiting Intl Crisis Effects

14:34, 17 Oct. 2008
Romanian president Traian Basescu invited the National Bank of Romania and the lenders’ representatives to discuss with the government on ways to limit the negative effects of the international financial crisis.

Romanian Ambassador To Israel Says Romanians Not Held Hostage In The Caribbean

14:24, 17 Oct. 2008
The four Romanians who are allegedly among a group of foreigners, mostly Israelis, held hostage by disgruntled Chinese laborers on isolated Caribbean island, were never in danger and were never taken hostage, the public Romanian radio said citing the Romanian ambassador to Tel-Aviv.

Greater Romania Party Wants To File No-Confidence Motion To Bring Down Tariceanu Govt

14:04, 17 Oct. 2008
The Greater Romania Party is preparing a no-confidence motion to bring about the fall of the current Government led by Calin Tariceanu, and will ask for the support of the democrat liberals and the social democrats for obtaining the sufficient number of signatures, senator Gheorghe Funar said.