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Romania’s Mediafax News Agency Expands Into Czech Republic

11:29, 11 Iun. 2008
Romania's Mediafax news agency enters the Czech market Wednesday, where it is the only private news agency providing real time information on all fields of interest.

Romanian May CPI +0.49% On Mo, +8.46% On Yr, Meets Expectations

10:22, 11 Iun. 2008
Romania's consumer price index picked up 0.49% on the month in May, on higher prices for food products and fuels, in line with analysts' expectations, the National Statistics Institute said Wednesday.

Romanian Govt Bans Zoo, Botanical Garden Land Exchanges

19:49, 10 Iun. 2008
Romania’s executive on Tuesday decided to limit real estate speculation by forbidding land transfers in areas where green spaces, zoos, botanical gardens or dendrologic parks are located, the Environment Ministry said in a statement.

Italian Couple Kills Romanian Worker Over EUR1M Life Insurance Policy

15:48, 10 Iun. 2008
An Italian couple in Verona killed a 28-year old Romanian worker in order to collect the life insurance policy worth EUR1 million.

Wirom Romania Calls For 25% Consumer Gas Price Hike In ’08

15:40, 10 Iun. 2008
Romania should increase natural gas prices by 25% this year, as they are too low and bring losses to gas suppliers, but the authorities are not willing to take this step because this is an electoral year, Wirom Gas Romania said Tuesday.

EC To Advise Romania Wed To Avoid Excessive Budget Def – Sources

15:38, 10 Iun. 2008
The European Commission will make Wednesday a recommendation to Romania to keep this year’s budget deficit below the Maastricht limit of 3% of gross domestic product, European sources told MEDIAFAX news agency.

Romanian Parliament May Annul Social Gas Fund

15:22, 10 Iun. 2008
The Romanian Parliament may annul the social gas fund established earlier this year based on an agreement with Romania’s gas producer Romgaz Medias and the country’s largest vertically integrated oil company Petrom, aiming to provide financial support to 850,000 families for paying gas bills.

Bucharest Ranks 108 In World Quality of Living Chart – Mercer

15:00, 10 Iun. 2008
Romanian capital Bucharest is ranked 108 among 215 cities worldwide with respect for living standards. The city is also ranked second last in the EU, in a world chart led by Zurich, Vienna and Geneva, according to data issued by consultancy company Mercer.

Romania May Import Gas Directly From Russia In 8 Yrs – Econ Ministry

14:48, 10 Iun. 2008
Romania might import gas directly from Russian natural gas monopoly OAO Gazprom (GSPBEX.RS) in about eight years, when the local gas production diminishes and the imported gas supply reaches 50% of the country’s consumption, a director in the Ministry of Economy and Finance said Tuesday.

Regional Wage Differences In Romania To Level On Investments

14:23, 10 Iun. 2008
Wage increases for employees in Romania up to a level similar to that in capital city Bucharest are possible on the medium term if investments increase locally and if companies relocate staff to regional offices, human resources experts said.

Flood Damage In Romanian NW Cluj Rises To RON12M

13:27, 10 Iun. 2008
Damages caused by floods mid-May in Romania’s northwestern county of Cluj amount to 12 million lei (EUR1=RON3.6658) and the prefect’s office is to request compensations from the government, prefect Calin Palton said Tuesday.

Romania’s Petrom Mulls Gas Storage Facilities Ahead Of Nabucco Construction

13:04, 10 Iun. 2008
Romania’s dominant oil company Petrom (SNP.RO) is considering building a two billion cubic meters gas storage facility for the gas transported through Nabucco pipeline, Petrom’s CEO Mariana Gheorghe said Tuesday.

Romania, Most Optimistic About Hiring In 3Q- Survey

12:18, 10 Iun. 2008
Romania is among the European countries where companies and institutions are most optimistic about hiring in the third quarter, while Spain, Italy, Ireland and the Czech Republic are the least optimistic in the region and globally, according to the Manpower Employment Outlook Survey.

Romania’s Yawning Curr Acc Gap Raises Growth Sustainability Concerns – World Bank

12:16, 10 Iun. 2008
Romania’s widening current account deficit raises concerns about the sustainability of the country’s economic growth, the World Bank said in a report Tuesday.

Additional 1,500 Tickets To Go On Sale For Metallica Bucharest Gig

10:56, 10 Iun. 2008
Organizers of the Metallica concert in Bucharest and the band’s management decided to put up for sale an additional 1,500 tickets for the July 23 gig, to curb the black market sale of tickets.

Romanian Pensioners Might Be Compensated For Unused Train Tickets

16:14, 09 Iun. 2008
Romania’s Labor Ministry might compensate pensioners for unused train tickets, according to a draft decision subject to public debate.

Romanian Revolutionary Descendants Protest In Front Of High Court

14:45, 09 Iun. 2008
Members of the organization "Descendants of Martyr-Heroes of Timisoara” protest Monday, Tuesday and Wednesday chained in front of the High Court of Justice, after the court postponed the trial of the Revolution in Timisoara in December 1989.

Romania’s Ruling Liberals Open To Political Alliances After Legislative Elections

14:03, 09 Iun. 2008
Romanian liberals are open to political alliances and plan to be part of the future government coalition to be created after general elections, liberal vice-president Teodor Melescanu told MEDIAFAX Monday.

Romanian Anticorruption Prosecutors Indict Ex Agriculture Ministers In Graft Case

13:38, 09 Iun. 2008
Romanian anticorruption prosecutors indicted former agriculture ministers Traian Decebal Remes charged with favoring a firm to win a public procurement auction in exchange for a luxury car, food products and EUR15,000.

Romanians Euro 2008 Holiday 40% More Expensive In Austria Than At Home

13:17, 09 Iun. 2008
Romanians’ stay in Austria for the European Football Championship will be 40% more expensive in terms of goods and services than in Romania, due to differences in the standard of living, Bank Austria said in a report Monday.

Transelectrica To Select Co For Romania, Serbia’s Electric Pwr Sys Connection

12:37, 09 Iun. 2008
Romania’s state-owned power grid operator Transelectrica (TEL.RO) will select through bid in July the company in charge with drafting the papers on the interconnection of Romania and Serbia’s electric power systems.

Romanian President To Be In Zurich For Romania-France Match

12:32, 09 Iun. 2008
Romanian President Traian Basescu will watch Romania’s match against France from the grandstand of the stadium in Zurich, Switzerland, the country’s first match in the European Football Championship.

Romania’s 4-Mo Trade Deficit Widens 14% On Yr To EUR6.9B

10:11, 09 Iun. 2008
Romania trade deficit widened 14.3% in January-April period to EUR6.902 billion, from EUR6.035 in the year-earlier period, with exports continuing to grow at a faster pace than imports, the National Statistics Institute said Monday.

Underworld Head Stabbed To Death In E Romania

10:00, 09 Iun. 2008
A man, known as one of the heads of the underworld in Romania’s eastern town of Galati, died Sunday night after he was stabbed in the neck outside a local bar.

Dead Engineer In S Romania, Unlikely Hit Be Helicopter – Investigators

16:11, 08 Iun. 2008
The farming engineer found dead Saturday in Bujoreni, Teleorman, southern Romania, is unlikely to have been hit by the propeller of a helicopter, said Sunday Mircea Ciuca, the head of the aeronautic investigation department with Romania’s Transports Ministry.

Romania, Bulgaria In Talks To Link Gas Pipelines

15:17, 08 Iun. 2008
Romania's state-owned gas pipeline operator Transgaz Medias and Bulgarian state-owned gas pipeline operator Bulgargaz are in talks on an inter-grid connection for the pipelines in the two neighboring countries, Focus News reported.

Zdob si Zdub Band Members Injured In Car Crash

16:43, 07 Iun. 2008
Members of Moldovan hardcore band Zdob si Zdub were injured in a car accident Friday night near the Moldovan Capital of Chisinau.

Romanian Democrat Liberals, Social Democrats Win 425 County Councilor Seats Each

18:45, 06 Iun. 2008
Romanian elections officials on Friday said democrat liberals and social democrats won an equal number of county councilor seats at the local elections held June 1, namely 425 seats each.

EC Sues Italy, Poland For Failure To Enact Free Movement Laws For Romanians

16:52, 06 Iun. 2008
The European Commission on Wednesday said it referred Italy and Poland to the European Court of Justice for failing to implement Community laws on freedom of movement, following the accession of Romania and Bulgaria.

Romanian Football Mogul Sues Anticorruption Department Over Bribery Scandal

16:14, 06 Iun. 2008
FC Steaua owner Gigi Becali sued the National Anticorruption Department (DNA) after prosecutor Lucian Papici rejected his request to get back the sum of EUR1.7 million, which had been seized by prosecutors on grounds the money was to be offered as bribe to Universitatea Cluj players.

Mazda2 1.3 Sport Launched In Romania

15:18, 06 Iun. 2008
Japanese carmaker Mazda’s dealer in Romania launched Thursday on the local market the three-door Mazda2 1.3 Sport model, which comes in two equipment versions for prices ranging from EUR12,490 to EUR13,190, VAT included.

Romanian Transport Min Proposes RON8.4B Railway Network Invest By 2020

15:16, 06 Iun. 2008
Romanian railway infrastructure requires annual investments of 700 million lei (EUR1=RON3.6422) annually between 2009 and 2020, namely RON8.4 billion, that might be granted from state budget, according to the Ministry of Transports.

Romanian Border Police Seizes 60,000 Packs Of Contraband Cigarettes

14:04, 06 Iun. 2008
Border police in Nadlac, in Romania’s western county of Arad, seized Thursday night this year’s biggest contraband cigarette transport. Police found 57,460 packs of cigarettes hidden in a truck going to Switzerland.

Romania’s Rompetrol Cuts Pump Prices By Up To RON0.02/Liter

13:07, 06 Iun. 2008
Romania’s second-largest oil company Rompetrol Group NV cut Friday its pump prices by up to 0.02 lei (EUR1= RON3.6198) per liter, the company said in a statement.

Romanian Ctrl Electoral Office Says S Romania Commune Vote Valid

13:04, 06 Iun. 2008
Romania’s Central Electoral Office rejected Friday requests to cancel elections in Iepuresti commune, Giurgiu county, southern Romania, spokesman Marian Muhulet said, adding the decision is final and irrevocable.

Logan Variant For High-End Buyers – Paper

12:36, 06 Iun. 2008
Mahindra-Renault will launch in sometime in July a limited edition of the Logan car, which will target high-end customers, IndiaTimes reported.

Heavy Rain Causes Havoc In SW Romania

11:22, 06 Iun. 2008
Dozens of households were flooded, and a warehouse caught fire Thursday evening in southwestern Romanian town Drobeta Turnu Severin, after heavy rain that lasted one hour and a half.

Romanian Jan-Apr Industrial Output +7.3% On Yr

10:02, 06 Iun. 2008
Romanian industrial output grew 7.3% on the year in January-April driven by growth in the energy and manufacturing sectors, the National Statistics Institute said Friday.

Virgin Media Apologizes To Romanian Embassy For Offensive Euro-2008 Clip

21:20, 05 Iun. 2008
British company Virgin Media on Thursday presented its apologies for “any offense” it may have brought Romanians with a Euro-2008 spot picturing Romania’s squad against several men wearing thick golden necklaces in the background.

Court Suspends Insolvency Proceedings Against Metro Cash&Carry Romania

18:51, 05 Iun. 2008
A Bucharest court Thursday decided to temporarily halt insolvency proceedings against retailer Metro Cash & Carry’s branch in Romania, allowing the appeal in the case filed by the retailer.