English

Pro TV News In The Race For 2008 International Emmy Awards

14:16, 28 Iul. 2008
Romania’s private television station Pro TV on Monday said will compete in the semifinals at the 2008 International Emmy Awards – the “News” category – with three news coverage within the campaign called “How is your child? Do you Know?”

CEZ Says Construction Of Romanian Nukes 3, 4 To Be Delayed By 1-Year

12:55, 28 Iul. 2008
The construction of the nuclear reactors 3 and 4 at Cernavoda nuclear power plant will be finalized with at least one-year delay, on Romanian Government failing to officially notify Czech power group CEZ AS about its decision to increase nuclear energy company Nuclearelectrica stake in the project.

One Dead, Three Injured In Car Crash SE Romania

12:03, 28 Iul. 2008
A 22-year-old woman died and other three were severely injured Sunday night after their car bumped against a tree on national road DN 39, between southeastern cities of Constanta and Mangalia, on Romania’s Black Sea coast.

Romania’s Econ Outlook Seen Positive During Jul-Sep-INS

10:10, 28 Iul. 2008
Romanian managers said that they are positive about the four major sectors of the Romanian economy, namely the industrial, service, construction and retail sectors, between July and September, the National Institute for Statistics, or INS, said Monday.

Romania Flooding Kills 4, Situation Still Critical

19:39, 27 Iul. 2008
Four people died, two are reported missing and 12,862 others have been evacuated in northern Romania over the past few days after heavy rains caused massive flooding that affected 174 localities in seven counties, state secretary Victor Paul Dobre said Sunday.

Romanian Social Democrats Consider Censure Motion Over Energy Holding Proj

16:06, 27 Iul. 2008
Romania’s leftist opposition Social Democratic Party, or PSD, might file a censure motion against the executive unless the authorities reconsider setting up a national power holding, Deputy Iulian Iancu said Sunday.

Steaua Owner To Pay EUR9.25M For Agric Co. Comaico – Sources

15:03, 27 Iul. 2008
FC Steaua football club owner, George Becali will pay some EUR9.25 million to Romanian businessman Dumitru Bucsaru for the 99.99% stake in agriculture company Comaico, people close to the matter said Sunday.

Floods Strike NE Romania, Hundreds Evacuate

15:38, 26 Iul. 2008
Nearly 300 people have been evacuated in northeastern Romania over the past few days after heavy rains caused massive flooding that affected some 2000 households, local authorities said Saturday.

Romanian Presidents Wishes Olympians Good Luck In Beijing

14:16, 26 Iul. 2008
Romanian President Traian Basescu on Saturday attended the presentation ceremony of the Beijing-bound athletes, wishing them good luck for the Olympic Games starting August 8.

Romanian Govt, Unions, Ownerships Sign Min Wage Hike Agreement

18:45, 25 Iul. 2008
The representatives of the trade unions and ownerships signed on Friday with the government the agreement that envisages a minimum wage hike to 540 lei ($239.5), from RON500 at present.

Romanian Astronomers Discover Over 100 Asteroids

15:56, 25 Iul. 2008
A team of nine Romanian astronomers, both professional and amateurs, discovered over 100 asteroids within an astronomic observation mission unfolded between March 10 and March 13 at the European Southern Observatory (ESO) in Chile.

Fitch Affirms Romanian Banca Transilvania BB minus rating, outlook positive

15:20, 25 Iul. 2008
Fitch Ratings affirmed Friday the BB minus rating for Romanian lender Banca Transilvania’s long-term foreign currency debt, with positive outlook, reflecting expectations that the bank's franchise and key performance indicators will continue to improve.

Romanian Culture Ministry Seeks Special Protection For Dacian Fortresses

15:06, 25 Iul. 2008
Romania’s Ministry of Culture plans to include six Dacian fortresses located in Orastiei Mountains, central western region, in a special preservation program meant to eliminate degradation risks, according to a draft ordinance of the ministry.

Romania’s Foreign Ministry Issues Recommendations For Tourists Going To Beijing OG

14:57, 25 Iul. 2008
The Romanian Ministry of Foreign Affairs recommended Friday to Romanian citizens flying to China for the Olympic Games to have a full health insurance, to avoid Sichuan province and stay away from the use of drugs, as drug dealing is punishable by death in China.

Romanian Police Annihilated Drug Dealers Network

14:01, 25 Iul. 2008
A Romanian drug dealers group, formed of six young people from eastern Romanian counties Galati and Braila, was caught by the police, and three of the members were arrested based on mandates issued by the Galati Court.

Rompetrol, Lukoil Romania Cut Pump Prices

13:57, 25 Iul. 2008
Romania’s second-largest oil company Rompetrol Group NV and Lukoil Romania cut Friday gasoline and diesel oil pump prices, the companies said.

Romania’s Econ Growth Seen Robust, Inflation Still A Risk – ICEG

13:51, 25 Iul. 2008
Romania’s economic growth is seen robust on short term but domestic demand will remain the main engine of growth in the upcoming period, raising risks of economy overheating and a sharper slowdown in the medium term, the International Center for Economic Growth, ICEG said in a report.

Romania Issues Red Code Flood Warning For Siret River, Extends Yellow Code Warning For Five Counties

13:07, 25 Iul. 2008
Romania’s national meteorological authority extended the yellow code weather warning for five counties until Saturday at noon, and issued a red code warning for floods on the river Siret in the northeastern part of the country.

Romanian Nova Trade To Launch RON19.65M Offer To Buy Lido Co

13:06, 25 Iul. 2008
Romanian Nova Trade aim to launch a 19.65 million lei (EUR1=RON3.5721) public buying offer for 93.38% stake in Lido company that owns minority stakes in several hotels in the capital city Bucharest, the company said in a statement sent to the Bucharest Bourse Friday.

Romania’s Rompetrol Sues Govt For Lower CO2 Emission Quota

19:21, 24 Iul. 2008
Romania’s second-largest oil company, Rompetrol Group NV sued the Government for assigning an insufficient quota of carbon dioxide, or CO2, emissions, to its Petromidia refinery, compared with the plant’s refining capacity, Rompetrol said Thursday.

Eastern Romania Gets Code Orange Warning For Floods

16:39, 24 Iul. 2008
Romania’s National Institute for Hydrology and Water Administration issued code orange warning for floods in seven counties in the country’s eastern region of Moldavia, the National Water Administration (ANAR) said Thursday, citing the Institute’s updated warning.

Romania To Hike Pensions 20% On Nov 1 – Labor Min

15:06, 24 Iul. 2008
Romania will increase pensions by 20% on Nov 1, two months earlier than planned, and the pension point will be 45% of the gross average salary, labor minister Paul Pacuraru told MEDIAFAX Thursday.

Romania’s CFR To Get Funds For Debt Payment If Ops Become Efficient–Econ Min

13:59, 24 Iul. 2008
Romanian Economy Ministry said it could grant funds to Romania’s state-owned railway company Caile Ferate Romane SA, or CFR, to pay its debts worth 1 billion lei (EUR1= 3.5721) to electricity suppliers if the company pays its current debts and draws up a program for a more efficient activity.

Romanian Health Min Encourages Church To Have Its Own Healthcare Network

13:35, 24 Iul. 2008
Romanian health minister Eugen Nicolaescu intends to amend current laws to enable the Romanian Orthodox Church Patriarchy to have its own healthcare network.

French Carmaker Renault To Up Prices, Freeze Recruiting, Delay Projs On Adverse Mkt Conditions

13:07, 24 Iul. 2008
French carmaker Renault will increase sales prices, temporarily freeze staff recruitment in Europe, and is considering postponing several low-priority projects citing difficult market conditions, the company said Thursday.

People Evacuated, Children’s Camp Isolated Following Major Flood In N-E Romania

10:45, 24 Iul. 2008
Forty-five people were evacuated from their homes Wednesday night and 70 children who were camping in the area were isolated because of the floods affecting 18 localities in Suceava county, northeastern Romania.

Powerful Flashflood Hits NW Romania

21:03, 23 Iul. 2008
Over two hundred hectares of land and dozens of households were affected by a powerful flashflood Wednesday afternoon in Cluj County, northwestern Romania.

Romania Fin Min Plans To List Bonds June 28

18:36, 23 Iul. 2008
Romania’s Economy and Finance Ministry plans to introduce Monday on a secondary market on the Bucharest Stock Exchange the trading of bonds so far sold by the ministry, Finance Minister Varujan Vosganian said Wednesday.

Romania’s Rompetrol To Cut Pump Prices By RON0.05/Liter

18:34, 23 Iul. 2008
Romania’s second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, will cut Thursday its pump prices by 0.05 lei (EUR1=RON3.5842) per liter, the company said in a statement.

Romania Welcomes EU Criticism, Pledges To Step Up Corruption Fight

17:40, 23 Iul. 2008
Romania pledged Wednesday to intensify fight against corruption and reinforce existent progress, after the European Commission criticized the new member for poor results in tackling abuses, especially at high levels.

Romania Ranks 2nd In EU By Indus Orders Growth In May

16:20, 23 Iul. 2008
Romania ranked second in European Union with a 20.2% increase of the industrial new orders on the year in May, while industrial new orders fell by 2.8% in EU states in the same period, according to the Statistical Office of the European Communities, Eurostat.

Romania June Pvt Resident Deposits Up 40.1% YY To RON140.72B

16:19, 23 Iul. 2008
Private resident deposits rose 40.1% on the year in June to 140.72 billion lei (EUR1-RON3.5842), Romania’s central bank said Wednesday.

Romanian Petrom Deems Gas Use More Convenient For Electric Pwr Production

16:18, 23 Iul. 2008
Romania’s largest vertically integrated oil company Petrom (SNP.RO) considers the 1.2 billion cubic meters of gas from own output to be more appropriate for the electric power production rather than for its further supply on the market, Petrom’s CEO Mariana Gheorghe said Wednesday.

Romanian Head Of Customs Office Albita Remains Under Arrest

13:52, 23 Iul. 2008
The Romanian Court decided to keep the head of the Albita customs office, eastern Romania, under arrest for allegedly facilitating transport for smuggled cigarettes.

Romania Extends Code Yellow Weather Warning For 11 Counties

13:28, 23 Iul. 2008
The Romanian meteorological authority issued a code yellow warning forecasting rain and thunderstorms for 11 counties in north-eastern Romania on Thursday and Friday.

Romanian Oil Co Petrom Mulls Producing Electric Pwr From Renewable Sources

13:21, 23 Iul. 2008
Romania’s largest vertically integrated oil company Petrom (SNP.RO) and OMV Future Energy Fund will analyze some projects on producing electric power from renewable sources and on making investments for higher electric power efficiency, Petrom said in a statement sent to the Bucharest Bourse Wednesd

Romania June Private Lending +50.5 On Yr At RON178.1B

12:47, 23 Iul. 2008
Romanian private lending rose 50.5% on the year in June in real terms to 178.1 billion lei ($79.4 billion), due to higher loans in both local and foreign currencies, the central bank said Wednesday.

Romanian Pwr Distributor Electrica Muntenia Sud Continues To Supply Thermal Power Distributor RADET

12:20, 23 Iul. 2008
Romanian electricity distributor Electrica Muntenia Sud will not halt the distribution of electric power to Bucharest heat distributor RADET, but sent warning notices to RADET urging it to pay its outstanding debt of over 5.5 million lei (EUR1=RON3.5666).

Lukoil Romania Cuts Gasoline, Diesel Oil Pump Prices

19:37, 22 Iul. 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.

Romania To Hike Pensions On Nov 1- Labor Min

18:51, 22 Iul. 2008
Romania’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.