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Romania Grand Prix In Bucharest

18:39, 13 Mai 2008
The owner of the license for the organization around the Romanian Parliament Palace of a FIA GT race, Nicolae Serbu, and the former managers of the Imola circuit met Tuesday to discuss the possibility of unfolding in Bucharest one round in the World Championship.

Romanian Agric Ministry Employees Protest For 75% Pay Hike

16:32, 13 Mai 2008
Employees within the Romanian Ministry of Agriculture initiated a protest action against the government emergency ordinance cancelling the 75% hike of base salaries. The employees threaten to go on strike in the upcoming days if the executive does not reconsider the decision.

Romanian Govt Already Regulated Car Tax Issue – PM

15:58, 13 Mai 2008
The Romanian government already solved the car tax issue with the ordinance that introduces the pollution tax for cars, Prime Minister Calin Tariceanu said Tuesday after the Senate decided to cancel the car tax.

Romanain Parliament Bans Fast-Foods In Schools

15:47, 13 Mai 2008
The Romanian Chamber of Deputies enacted Tuesday a legislative initiative stating that state and private schools are not allowed to prepare, sell and distribute food that is inadequate for pupils and school children.

Romanian Aro Buyer Says PM Is Misinformed

15:14, 13 Mai 2008
Nicolae Ratiu, owner of Landmark Management, which bought last year the country’s sole off-road vehicle manufacturer Aro Campulung, said Prime Minister Calin Tariceanu is misinformed when he says the company is looking into real estate.

Romania’s Dacia Starts Trading New Sandero Hatch In June

15:00, 13 Mai 2008
Automobile Dacia SA, the Romanian unit of French carmaker Renault (13190.FR), will launch its brand new five-door hatch Sandero in June, Dacia president Francois Fourmont said Tuesday.

Romanian Senate Cancels Car Tax, Stipulates Refunds In 90 Days

14:20, 13 Mai 2008
The Romanian Senate in plenary session Tuesday adopted a daft law initiated by the Democratic Liberal Party which cancels the car tax and stipulates the money collected for the tax is to be paid back within 90 days of the payer’s request.

Romanian PM Urges Indus Park Creation S Romania

13:05, 13 Mai 2008
Romanian Prime Minister Calin Tariceanu said Tuesday he will ask the Arges county council and the mayoralty in Campulung, southern Romania, to set up an industrial park to attract Renault’s suppliers and criticized the buyer of off-road vehicle maker Aro saying it is interested in real estate.

Renault To Invest EUR600M In Romania In Next 3 Yrs – PM

12:58, 13 Mai 2008
French automaker Renault Group plans to invest around EUR600 million over the next three years in Romania, in a bid to match the investment plans of its rival U.S. giant Ford, Romanian Prime Minister Calin Tariceanu said Tuesday.

French Carmaker Renault Opens Gearbox Plant In S Romania

12:34, 13 Mai 2008
French carmaker Renault Tuesday opened a gearbox plant on the platform of its local division Dacia in Mioveni, southern Romania.

Romanian Road Transporters Protest On Bucharest Beltway

11:20, 13 Mai 2008
Over 150 road transporters put their trucks in motion Tuesday morning, around 08:00 local time, in the area of Bucharest - Pitesti A1 highway, on Bucharest’s beltway, after a nearly five-hour protest on Monday morning.

Christian-Democrat VP Sues Romanian President Over Political Discrimination

20:25, 12 Mai 2008
Aurelian Pavelescu, vice-president of the National Christian-Democratic Peasants' Party (PNTCD), who runs for the Bucharest mayor seat, Monday said he would sue democrat liberal President Traian Basescu over political discrimination.

Romania’s Economy Seen Growing 7.5% In 1Q – Fin Min

18:56, 12 Mai 2008
Romania’s economy is seen growing by 7.5% in the first quarter of 2008 compared with 6% growth in the same period last year, on higher output in the construction and services sectors, Romanian Finance Minister Varujan Vosganian said Monday during a press conference.

Romanian Fin Min, Fuel Prod, Traders To Have Talks On Price Hike

18:49, 12 Mai 2008
Representatives of Romanian Ministry of Economy and Finance will have talks with fuel producers and traders on increasing prices, Romania’s Finance Minister Varujan Vosganian said Monday.

Romanian CPI Seen Rising 0.45%-0.5% On Mo In May – FinMin

18:42, 12 Mai 2008
Romania’s consumer price index is expected to rise 0.45%-0.5% on the month in May compared with a 0.52% monthly rise in April, Romania’s Finance Minister Varujan Vosganian said Monday.

Romania’s Rompetrol Ups Pump Prices By RON0.08/ Liter

14:31, 12 Mai 2008
Romania’s second-largest oil company Rompetrol Group NV will hike Tuesday its gasoline and diesel oil pump prices by 0.08 lei (EUR1=RON3.6675) per liter between May 13 and 18, the company said in a statement Monday.

Romania To Have Cell, Tissue Bank In Autumn

14:12, 12 Mai 2008
A tissue and cell bank could become operational this fall in Romania’s central city of Targu Mures, Ovidiu Butuc, manager of the local emergency hospital, told a news conference Monday.

EBRD Settles Pvt, Pwr, Infrastructure Fields As 3-Yr Priorities For Romania

12:57, 12 Mai 2008
European Bank for Reconstruction and Development, or EBRD, adopted new strategy for Romania, settling the priorities for the next three years in the private, electric power and infrastructure fields.

Apocalyptica To Play Romanian Stufstock Festival

12:21, 12 Mai 2008
Finnish cello rock band Apocalyptica confirmed its presence in the sixth annual edition of Romania’s Stufstock festival, taking place Aug 14 - 16 in Vama Veche, on the Back Sea coast, event organizers said.

Romanian Road Transporters Ask To See PM, Threaten With Protests

10:30, 12 Mai 2008
Several tens of road transporters on Monday gathered in front of the Romanian government building in Bucharest requesting a meeting with Premier Calin Popescu Tariceanu over their demands.

UPDATE: Romanian Apr CPI +0.52% On Mo, +8.62% On Yr

10:22, 12 Mai 2008
Romania’s consumer price index rose at a slower pace of 0.52% on the month in April, on lower telecom prices, taking to annual rate to 8.62%, almost the highest level since January 2006, the National Statistics Institute said Monday.

Indian BPO Co Eyes Acquisitions In Eastern Europe, Romania

15:22, 11 Mai 2008
Indian business process outsourcing firm ExlService Holdings said it will invest $10 million in India and is also planning to expand its operations in Eastern Europe and Romania through acquisitions, according to the online version of The Economic Times newspaper.

Arab Emirates Investor Reveals $490M Plan To Build Six Factories, Romania Included

14:04, 11 Mai 2008
Cable producer Emirates International Investment Company (EIIC), from the United Arab Emirates has announced ambitious plans to build six hi-tech factories in several countries including Romania, at an estimated cost of Dh1.8 billion ($490 million), according to Arabian site Business 24-7.

One Dead, Four Injured After Train Goes Off Rail In SE Romania

12:52, 11 Mai 2008
A fast train going on the route Ploiesti-Iasi went off the rails on Saturday at 17:00 local time, near the train station in Valea Calugareasca city, Prahova county, and one person, a 17 year-old girl, lost her life in the incident.

Romanian Pres Says Citizens Should Not Be Afraid Of State Institutions

15:34, 10 Mai 2008
Romanian president Traian Basescu said on national television that people no longer have to be afraid to “have contacts with the state’s institutions,” stating that the main purpose of the state’s control bodies is to “control.”

Romania Must Start Accessing EU Funds –President

14:54, 10 Mai 2008
Romanian president Traian Basescu said on national TV station TVR 1 that the most important objective for Romania is the accessing of European funds without which the country cannot develop the infrastructure and environment projects nor overcome the problems in the agriculture sector.

Travelers To Enjoy Free Libraries In Six Romanian Train Stations

14:17, 10 Mai 2008
Romania’s Ministry of Transportation and the Writers Union have arranged public libraries in waiting rooms in six Romanian train stations, which aim to encourage reading and promote Romanian contemporary writers.

New Italian Interior Min Aims Limiting Rroma People Access To Italy

13:47, 10 Mai 2008
The new Italian interior minister, Roberto Maroni, drew up a plan aiming to limit the access of the Rroma population, mostly coming from Romania, on Italy’s territory.

Romania-US Bilateral Immunity Agreement Not In Effect – Official

16:34, 09 Mai 2008
The spokesman of the Romanian Foreign Affairs Ministry, Ilie Banica, told MEDIAFAX Friday that Romania did not ratify Bilateral Immunity Agreement with the United States, therefore it is not effective and cannot be rescinded.

Romanian Football Mogul Probed For Bribery

16:15, 09 Mai 2008
Romanian football club Steaua Bucharest officials Gigi Becali and Teia Sponte, as well as football club Universitatea Cluj president Anton Dobos and one of his acquaintances, Traian Bendorfean, are under criminal investigation for corruption, said the National Anticorruption Department (DNA).

Romanian PM Unalarmed Over Intl Financial Turmoil

13:53, 09 Mai 2008
The Romanian Prime Minister Calin Tariceanu said Friday the global financial turmoil and the weakening U.S. dollar aren’t causes for alarm in Romania, but expressed concern over the country’s poor infrastructure and communication sectors unsuitable for its robust economic growth.

Some 150 Miners Stage Peaceful Protest SW Romania

12:50, 09 Mai 2008
Some 150 miners in Zegujani, Mehedinti county, southwestern Romania, protested Friday when they heard the mine’s manager, Alexandru Mihart, would be sacked. The management said the protest is ungrounded.

Romanian Jan-Mar Trade Deficit Widens To EUR4.85B

10:01, 09 Mai 2008
Romania's trade deficit widened around 10% in January-March to EUR4.85 billion from EUR4.4 billion in the same period last year, on higher imports from the European Union, the National Statistics Institute said Friday.

EP Urges Romania To Rescind Bilateral Immunity Agreement With USA

18:48, 08 Mai 2008
The European Parliament Thursday urged Romania to rescind its bilateral immunity agreement with the U.S. regarding the International Criminal Court (ICC), EP said in its annual report on human rights in the world in 2007.

Romania Reports Fewer Smuggled, Counterfeit Cigarettes In 2007

16:47, 08 Mai 2008
The quantity of counterfeit cigarettes introduced in Romania slightly decreased in 2007 compared to 2006, on Thursday said Dan Bucur, head in charge with the Fraud Investigation Department.

BCR Says Romania May Adopt Euro In 2014, But Needs Economic Reform

15:34, 08 Mai 2008
Romania’s largest lender by assets Banca Comerciala Romana, or BCR, said Romania may adopt euro in 2014, but the process will depend on the economic reform, considering that the next three years are essential for meeting the target.

Romania Ctrl Bk Ups 08 CPI Forecast To 6% Vs 5.9%

11:40, 08 Mai 2008
Romanian central bank governor Mugur Isarescu said Thursday the bank expects the country’s consumer price index to rise 6% this year, slightly up from its previous forecast of 5.9%.

Romanian Anticorruption Prosecutors Probe Football Mogul In Bribe Case

11:30, 08 Mai 2008
Romanian anticorruption prosecutors started to probe FC Steaua owner Gigi Becali for alleged EUR1.7 million worth bribe found upon five of his close acquaintances.

Anticorruption Prosecutors Detained Five Acquaintances Of Football Mogul Becali

10:20, 08 Mai 2008
Romania’s anticorruption department DNA detained Wednesday evening in Cluj-Napoca, central Romania, five close acquaintances of football mogul Gigi Becali.

Romanian 1Q Industrial Output +5.4% On Year

10:00, 08 Mai 2008
Romanian industrial output grew 5.4% on the year in the first quarter of 2008 driven by energy and manufacturing growth, the National Statistics Institute said Thursday.