English

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.

Reservists Propose Amnesty For Military Actions During Romanian Revolution

18:36, 22 Iul. 2008
Romania’s reservists association on Tuesday reiterated a proposal for a draft act granting amnesty for military actions committed during the Romanian Revolution of December 1989.

Romania’s First 4-Mo Wine Imports, More Than Double Vs. Exports

18:36, 22 Iul. 2008
Romania’s wine imports reached 11,782 tons in the first four months of 2008, more than double the quantity of wine exports, which totaled 5,106 tons, according to the data offered by the country’s Ministry of Agriculture and Rural Development.

Seven Cos Interested In Helicopter Mker Sale-AVAS

17:50, 22 Iul. 2008
Seven companies are interested in the sale of Romania’s sole helicopter maker IAR Ghimbav, namely Czech’ Aero Vodochody, French Eurocopter, Israeli’s Marcovici Capital Ltd and Romanian Rups, UTI Systems, Grivco, and RO Mike Trade, the privatization authority AVAS said in a statement Tuesday.

Foreign Investors’ 5-Mo Ownership In Romanian Cos Double On Yr To EUR1.86B

16:38, 22 Iul. 2008
Foreign direct investments as contribution to the share capital of companies registered in Romania reached EUR1.86 billion in the first five months, more than double compared to EUR890 million in the corresponding period of 2007, Romania’s Trade Register ONRC said Tuesday.

Romania Gets Code Orange Weather Warning For Rain, Thunderstorms

15:18, 22 Iul. 2008
The Romanian meteorological authority issued a code orange warning valid until Wednesday 8 a.m. for eight counties, expecting heavy rains and thunderstorms, said environment minister Attila Korodi.

Romanian Transp Min Accused Of Alleged Shady Deals With Rail Co Land

14:20, 22 Iul. 2008
Romania’s former transport minister, democrat liberal Radu Berceanu, on Tuesday accused acting minister Ludovic Orban of preparing several shady real estate deals using land belonging to the National Rail Company CFR.

Romania Ranks Third In Europe’s Best Locations For Logistics Facilities

12:38, 22 Iul. 2008
Romania ranks third of 25 European countries offering the best locations for industrial/logistics facilities, according to the European Distribution Report 2008, produced by global real estate consultant Cushman & Wakefield (C&W), outranking states like Spain and Finland.

Romanian Drivers May Get Cars’ First Registration Date From Car Registration Dept

11:24, 22 Iul. 2008
Romanian car owners may get documents certifying the date of their car’s first registration, needed to calculate car tax differences, from the Registration Service within the Driving License and Car Registration Department, as the Romanian Automobile Registry doesn’t keep such information.

Three Romanian Trade Unions To Sign Minimum Wage Agreement

20:52, 21 Iul. 2008
Three out of five trade unions decided to sign the agreement with the Romanian government on the minimum wage hike, while the other two unions will make a decision in this respect Tuesday.

Electrica Receives Offers For Association In Pwr Cos Construction In Romania

20:18, 21 Iul. 2008
Romania’s state-owned power grid Electrica SA has received offers from two foreign companies that plan to build hydropower plants of at least 500 MW in Romania.

Romania’s IT&C Regulator Sets New Interconnection Fees For Fixed Telecom Ops

20:17, 21 Iul. 2008
Romania’s IT&C regulator on Monday said RomTelecom, the largest hard-line telephony operator on the local market, alongside 37 other relevant peer operators will apply interconnection fees of EUR1.16 per minute (VAT excluded) starting with September 1.

Drivers In Romania Lacking Road Toll Stickers Not To Be Fined By End July

16:40, 21 Iul. 2008
Romania’s Transport Ministry will suspend between Jul 21 and Jul 31 the application of fines for drivers lacking road toll stickers, following the introduction of new sticker models, which may affect stocks of several distribution points.

Bucharest Heat Distributor RADET Might Halt Hot Water Supply Over Debts

14:13, 21 Iul. 2008
Bucharest thermal power distributor RADET might halt hot water supply in the capital city as of Jul 23, over debts of 700 million lei (EUR1=RON3.5474) dating back from 1996, the manager of Bucharest’s energy regulator AMEREB, Tudor Popescu, said Monday.

Turner Broadcasting Opens Bucharest Office

13:24, 21 Iul. 2008
Turner Broadcasting System (TBS, Inc.), a Time Warner company, has opened an office in Romania’s capital city Bucharest in line with its expansion strategy in Central and Eastern Europe, the company said in a statement Monday.

Romania Eyes Selling Large Cos In ’08- Official

20:40, 20 Iul. 2008
Romania’s privatization authority AVAS plans to put up for sale this year large companies in which it holds majority stakes, AVAS head Teodor Atanasiu said Sunday.

Romania’s AVAS Head Comments On Airplane Mkr Sale

20:14, 20 Iul. 2008
Czech AERO Vodochody, which own the auction for the sale of the majority stake in Romania’s aircraft maker Avioane Craiova, will produce parts and equipment for different types of aircrafts at the plant in Craiova, Teodor Atanasiu, head of Romania’s privatization authority AVAS, said Sunday.

Romania Celebrates National Aviation Day

14:28, 20 Iul. 2008
Romania celebrated Sunday the National Aviation Day and the National Air Force Day with an elaborate flypast by ten MIG 21 Lancer fighter aircrafts and five IAR 330 helicopters originating from the Campia Turzii military airfield, in Cluj County, central Romania.

Preventive Arrest For Romanian Customs Office Head On Cigarette Smuggling Charges

19:04, 19 Iul. 2008
A Iasi court on Saturday approved prosecutors’ request to issue 29-day preventive arrest warrants for Ghita Berbece, head of the customs office in Albita, eastern Romania, and other three accomplices, on cigarette smuggling charges.

Two Romanian Women Arrested In Greece For Alleged Prostitution Network Affiliation

17:03, 19 Iul. 2008
Two Romanian women aged 22 were arrested by police officers in Attica, Greece, on suspicion of affiliation with a prostitution network luring foreign women to Greece for prostitution, Greek publication Kathimerini informed Saturday.

Romanian Bank Reps Held Meeting On Ctrl Bk Draft Regulations

17:53, 18 Iul. 2008
Representatives of credit institutions members of the Romanian Banks Association (ARB) held a meeting Friday, where they discussed the draft regulations issued by the central bank in a bid to keep household lending risk in check.

Romanian Transp Ministry To Have Attributions In Certifying Civil Airports

17:50, 18 Iul. 2008
Romanian civil airports will be certified using orders of the minister of transports instead of government decisions and flights linking Romanian airports to other states applying the Schengen acquis will be considered domestic flights, according to a draft government decision.

Romanian Subway Station Reopened After False Alarm

17:13, 18 Iul. 2008
A subway station in the center of Romania’s capital city Bucharest was closed Friday at noon and passengers were evacuated following a bomb alert, subway company manager Gabriel Mocanu told MEDIAFAX.

Romanians Working Abroad Can Request Higher State Allowance For Kids

16:35, 18 Iul. 2008
Children of Romanian citizens working legally in EU states can receive the equivalent of the state allowance granted in the country where their parents are working, but the number of requests is low at the moment, Theodora Bertzi, secretary of state within the Ministry of Labor, told MEDIAFAX Friday.

Romanian Pres Urges Lawmakers To Reexamine Controversial Law

15:55, 18 Iul. 2008
Romanian President Traian Basescu urged lawmakers Friday to reexamine the law amending the normative act regarding the buildings seized during the communism regime.

Head Of Eastern Romanian Customs Arrested By Organized Crime Prosecutors

15:29, 18 Iul. 2008
Romanian prosecutors of the Department for the Investigation of Organized Crime and Terrorism (DIICOT) detained Friday Ghita Berbece, head of the customs office in Albita, eastern Romania, along underworld leaders Vasile Rodideal and Bogdan Ionut Radu, on cigarette smuggling charges.

Romania Ranks 22nd In EU By 4 Mo Trade Balance

14:32, 18 Iul. 2008
Romania ranked 22nd among European Union states by trade balance in the first four months of the year, with a EUR7 billion deficit, according to Eurostat, the Statistical Office of the European Communities.

Romanian Govt Urges More Fiscal Checkups To Crack Down On Tax Evasion

13:49, 18 Iul. 2008
The Romanian government decided to intensify checkups at companies via the country’s fiscal agency ANAF, in a move to fight tax evasion.

Romanian Farmers Disappointed With Govt Decision Diesel Fuel Excises

11:49, 18 Iul. 2008
The Romanian Farmers’ League (LAPAR) said Friday that the sum allotted by the government to lower excise duties for diesel fuel used in agriculture is insufficient and would not bring about a significant cut fuel prices for farmers.

Bucharest General Mayor Sacks City’s Head Architect

23:19, 17 Iul. 2008
Bucharest general mayor Sorin Oprescu Thursday dismissed the city’s head architect Adrian Bold following the report submitted by the municipal discipline commission.

Romanian Democrat Liberal VP Not Running For Legislative, Justice Min Seats

19:21, 17 Iul. 2008
Valeriu Stoica, vice-president of Romania’s Democratic-Liberal Party (PDL), said Thursday he would neither run for a legislative seat in the upcoming elections nor join the race for the position of justice minister.

Romanian Leu Ramps Up Vs Euro, On 1H Intl Results

18:56, 17 Iul. 2008
The Romanian leu continued to strengthened against the euro on Thursday, driven by the positive sentiment in the region following the financial results reported by GP Morgan, Nokia and Coca-Cola, dealers said.

One Pedestrian Dead, One Injured In Car Accident In Bucharest

15:11, 17 Iul. 2008
Two young women were severely injured late Wednesday, when they were hit by a reportedly speeding car at a pedestrian crossing. One of the women died in the hospital Thursday.

Romgaz Finds Natural Gas Deposit E Romania

14:08, 17 Iul. 2008
Romania’s Romgaz Medias, one of the country’s largest gas producers, found a new natural gas deposit in Roman, eastern Romania, with a potential output of some 200,000 cubic meters per day, the company said in a statement Thursday.

Romanian Rock Band The MOOoD To Open For Lenny Kravitz

12:26, 17 Iul. 2008
Romanian alternative rock band The MOOoD will be the opening act for the Lenny Kravitz concert on Cotroceni stadium in Bucharest, on July 26, event organizers, Emagi!c Entertainment, said Thursday.

Romanian President Agrees With Italian Decisions On Treatment Of Roma People – Paper

12:04, 17 Iul. 2008
Italian interior minister Roberto Maroni said Romanian President Traian Basescu did not object to the measures taken by the Italian Government towards the Roma camps and deemed “ungrounded” Romanian Prime Minister Calin Tariceanu’s objections.

Romania To Lower Excises For Diesel Fuel Used In Farming By RON0.65/Liter

11:30, 17 Iul. 2008
Romania will lower excise duties for diesel fuel used in agriculture by 0.65 lei (EUR1=RON3.5952) per liter, for a quantity of 48 liters per hectare, agriculture minister Dacian Ciolos said Thursday.

Romania’s Former President Iliescu Not Running For Senator

11:24, 17 Iul. 2008
Romania’s former head of state, social democrat senator Ion Iliescu, said he will not run for senator in the upcoming parliament elections, saying he is not motivated to run in a uninominal constituency.