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Bucharest Citizen Sought In France, Caught In Romania

13:38, 06 Nov. 2008
One Romanian citizen sought by French authorities, under suspicion of being involved in an erotic website network, was arrested Wednesday evening in Bucharest, after several raids performed by Romanian and French police officers in the Baba Novac area of Bucharest.

Romania Could Be Net Exporter Of Food In Less Than 10 Yrs – Min

13:00, 06 Nov. 2008
Romania could become a net exporter of food products in less than ten years if it has a good fiscal policy and farmers are well organized, agriculture minister Dacian Ciolos said Thursday.

Romanian Troops To Have Safer Missions If They Stay in Iraq – Defense Min

12:48, 06 Nov. 2008
Romanian defense minister Teodor Melescanu said Thursday that new Romanian missions in Iraq would focus on advice and assistance for Iraqi troops, not patrolling and security.

European Commission Extends Romania’s SAPARD Program Until End 2009

12:19, 06 Nov. 2008
The European Commission approved Romania’s request for a one year extension, until end 2009, in the country’s SAPARD fund absorption, agriculture minister Dacian Ciolos said Thursday.

Passenger Train Catches Fire In NW Romania, No Casualties

12:13, 06 Nov. 2008
One passenger train travelling between northwestern Romanian towns Oradea and Jibou caught fire Thursday morning around the locality Ip in Salaj county. There were no victims and several firefighter crews intervened to put out the flames.

Romania’s Petrom 9-Mo Net Pft Up 48% to RON2.29B -2-

09:05, 06 Nov. 2008
Romania’s oil company Petrom SA (SNP.RO) reported a net profit of RON2.29 billion in the first nine months of the year, up 48% compared with RON1.548 billion in the same period a year earlier, the company said in a statement Thursday.

Foreign Currency Unpaid Loans In Sep Up 23% On Mo, Leu Unpaid Loans Up 8%

19:36, 05 Nov. 2008
Foreign currency unpaid loans rose 23% on the month in September, compared with a growth of 8.21% for unpaid loans made in Romanian currency lei, according to central bank data.

Romania Should Have Public Sector Wage Law Enforced In Six Months

16:42, 05 Nov. 2008
Romania should have a functional salary law for the public sector in six months at most, and political parties meet next week to sign an agreement on the final law, union leaders said Wednesday.

Romania’s Protan Declines Official Info On Activity Suspension

16:30, 05 Nov. 2008
Romanian non-hazardous waste collector Protan SA (PRON.RO) on Wednesday said it has not received any official notice to suspend activity and that it will carry on operations “in the interest of public health in Romania.”

Drunk Driver, Allegedly Romanian, Hits 13 People In Bus Station In Rome

16:26, 05 Nov. 2008
A 26 year-old drunk driver of Roma origin, Romanian according to Italian media, caused a serious accident in Rome, Italy, where he hit 13 people at a bus stop, Cronacaqui.it reported.

Romanian President Decorates 16 Journalists Of National Radio Company

15:13, 05 Nov. 2008
Romanian President Traian Basescu decorated Wednesday, at his office, sixteen former and current journalists of the National Radio Company (SRR) during the event celebrating the station’s 80th anniversary.

Romania’s Protan Sees 6-Mo Activity Suspension On Environ Irregularities

14:41, 05 Nov. 2008
Romanian environment inspectors on Wednesday decided to suspend for six months the activity of non-hazardous waste collector Protan SA (PRON.RO) for having failed to build a used water purifying facility in due time.

Romanian Leu Recovers Early Losses, On Weaker US Dollar

14:12, 05 Nov. 2008
The Romanian currency appreciated against the euro in mid-trade Wednesday, due to the appreciation of the euro against the US dollar, recovering from its losses in early trades, dealers said.

Fin Crisis To Affect Telecom Indus Less Than Bk Sector – Vodafone

14:01, 05 Nov. 2008
The international financial crisis will affect the entire economy, and the telecom market as well, but the impact on the telecom industry will be lower than that on the banking sector, Vodafone Romania's general manager Liliana Solomon said Wednesday.

Romanian Internet Users To Reach 9M By Yr-end – Vodafone

13:50, 05 Nov. 2008
Romanian Internet users are seen reaching 9 million by yearend, and the number of mobile telephony Internet connections will continue to grow faster than fixed ones, the general manager of mobile operator Vodafone Romania, Liliana Solomon, said Wednesday.

Romania’s Rompetrol Cuts Gasoline, Diesel Oil Prices

13:24, 05 Nov. 2008
Romania’s second-largest oil company Rompetrol Group NV cut Wednesday its gasoline and diesel oil reference prices by 0.08 lei (EUR1=RON3.6838) per liter and RON0.05 per liter respectively, the company said in a statement.

Construction Contract For Romania Comarnic-Brasov Highway To Be Signed Early ‘09- Min

12:55, 05 Nov. 2008
The contract targeting construction works on the highway section linking Comarnic town, southern Romania, to Brasov, central Romania, will be signed early 2009, Romania’s transport minister Ludovic Orban said Wednesday.

Bucharest’s Central Blvd Magheru Ranked 19th In Top 25 Prime High Streets Europe

12:33, 05 Nov. 2008
Magheru Boulevard in the center of Romania’s capital city Bucharest is ranked 19th in the top 25 most expensive commercial streets in Europe, drawn up by real estate consultancy firm Jones Lang LaSalle (JLL) based on rents perceived in various European cities.

Romanian Transport Min Threatens To Sue Unionists If They Go On Strike

11:52, 05 Nov. 2008
The strike of the employees of the Romanian Railway company CFR is illegal, the files of all participants to it will be sent to the police and prosecutors, and the unionists will be sued to recover losses, transport minister Ludovic Orban said Wednesday.

Romanian President Congratulates New U.S. President Elect

11:19, 05 Nov. 2008
Romanian President Traian Basescu addressed a message Wednesday congratulating the United States’ new President elect Barack Obama and wishing him all the best in carrying out his mandate, the website of the presidency informed Wednesday.

Romania’s Pwr Plant Turceni GM Gets RON149,000 Annual Bonus

19:54, 04 Nov. 2008
The general manager of Romanian state-run thermal power producer Turceni, Dumitru Cristea, received in June an annual bonus of 149,000 lei (EUR1=RON3.6838), according to his wife’s wealth statement.

International Drug Ring Leader Arrested In Bucharest

19:13, 04 Nov. 2008
One Bucharest citizen, wanted for 13 years by Australian authorities under charges of running a network that organized at least 18 transports of cocaine from Latin America to Australia, was arrested by Romanian border police on a street in Bucharest.

Romanian Soldier Dies In Car Accident At Military Range

18:17, 04 Nov. 2008
A Romanian conscript died Tuesday in a car accident during a military exercise at the Sendreni firing range, eastern Romania.

Romanian Citizen Arrested For Cocaine Possession In Belgium

16:52, 04 Nov. 2008
A Romanian citizen, aged 20, was arrested Saturday on the Belgian airport Zaventem after authorities found over eight kilograms of cocaine in his luggage, Belgium’s federal police informed.

Railway Employee Strike Not The Best Solution To Solve Problems – Fin Min

16:29, 04 Nov. 2008
Going on strike is not the best solution to problems in the railway sector, Romanian economy and finance minister Varujan Vosganian said Tuesday after railroad unionists decided to halt trains for a few hours Friday.

Romanian Railroad Traffic to Be Halted Friday Due To Union Strike

16:25, 04 Nov. 2008
The managers of the national railroad company passenger and infrastructure divisions failed to reach common ground in talks held with unionists, thus Friday, between 07:00 and 13:00 local time railroad traffic will be halted in protest.

Romanian Cos Delay Paying Taxes On Liquidity Shortage – Fin Min

16:06, 04 Nov. 2008
Companies in Romania have liquidity problems, as banks cut their credit lines, and postponed paying their taxes, causing losses of 1.5 billion lei (EUR1=RON3.6838) to the state budget, Economy and Finance Minister Varujan Vosganian said Tuesday.

Romanian Senate Legal Commission Fails To Enact Report On Delay Of Teachers’ Pay Hike

15:51, 04 Nov. 2008
The commission for legal matters in the Romanian Senate failed to adopt a report Tuesday rejecting or approving the government ordinance which puts off a 50% wage increase for staff in education.

Romanian President Passes Law On Home Insurance Against Natural Disasters

13:51, 04 Nov. 2008
Romanian president Traian Basescu Tuesday promulgated the law obligating private individuals and legal entities to ensure their homes against natural disasters, which will be enforced 120 days after its publication in the Official Gazette.

Romanian Parliament Elects Mircea Vasile Popescu Vice-president Of Court Of Accounts

13:22, 04 Nov. 2008
The Romanian parliament in plenary session decided Tuesday with 224 votes to appoint Mircea Vasile Popescu vice-president of the Court of Accounts.

Romanian Fuel Mkt To Mature Over Tens Of Yrs – MOL

12:53, 04 Nov. 2008
Romania's fuel market will mature over a couple of decades although it has the highest growth compared with Slovakia and Hungary, the key-countries of Hungarian oil and gas company MOL, the company's Vice-President for Corporate Communications, Szabolcs Ferencz, said Tuesday.

Romanian Pvt Auth Negotiates IAR Ghimbav Sale With Czech Aero Vodochody

12:18, 04 Nov. 2008
The Romanian Privatization Authority AVAS excluded Israel's Marcovici Capital Ltd from the sale process of state-owned helicopter maker IAR Ghimbav, and continues negotiations with Czech aircraft producer Aero Vodochody, AVAS said in a statement Tuesday.

Romanian Senate To Debate Act Putting Off Teachers’ Wage Hikes Next Monday

11:39, 04 Nov. 2008
Romania’s Senate Standing Office decided Tuesday that the Government Emergency Ordinance postponing the 50% increase in teachers’ wages until April 1, 2009 would be debated in its plenary meeting next Monday.

Romanian Chamber Of Deputies To Vote On Lustration Draft Law Tuesday

11:05, 04 Nov. 2008
The draft law on lustration will be submitted for debate to the Chamber of Deputies on Tuesday, after the majority of the Chamber's Standing Office voted in favor of this, head of the Chamber of Deputies Bogdan Olteanu said.

EIT-Forum Auto To Launch Volvo XC60 In Romania, For EUR33,558, VAT Included

10:11, 04 Nov. 2008
EIT-Forum Auto, importer of Swedish Volvo brand in Romania, will launch Friday the new Volvo XC60 on the Romanian market at prices ranging from EUR33,558 to EUR46,565, VAT included, and eyes selling nearly 40 XC60 units in 2008.

Romania’s Sept Net Salary Up 1.5% M-M To RON1.296

10:02, 04 Nov. 2008
Romania's net average salary was up 1.5% on the month in September to 1,296 lei (EUR1=RON3.6844), the National Institute for Statistics said Tuesday.

Romania, USA Sign Visa Waiver Interim Declaration

20:43, 03 Nov. 2008
Romanian ambassador in the USA Adrian Vierita and Michael Chertoff Unites States Secretary of Homeland Security, signed Monday a statement on the Visa Waiver program, said a press release posted on the Homeland Security Department website.

First Day Of Talks Between Romanian Govt, Unionists Ends Without Results

20:09, 03 Nov. 2008
Romanian union representatives and the ministers appointed by the Prime Minister failed to reach a result in the meeting held Monday. The only decision made was to continue talks Tuesday and Wednesday together with experts from both parties.

Romanian Rail Employees To Launch Warning Strike Against Mgmt Friday

19:00, 03 Nov. 2008
The employees of Romanian railway company Caile Ferate Romane SA, or CFR, will launch a six-hour warning strike on Friday to protest against “poor managing decisions” regarding company’s infrastructure, unionist said Monday.

Romania Ctrl Bker: GDP Growth Below Potential Next Yr, Seen Recovering In 2010

18:41, 03 Nov. 2008
Romania’s gross domestic product growth will stand below its 6% potential next year, and the economy will return to a normal trend towards 2010, central bank deputy governor Cristian Popa said Monday.