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Romania’s Ctrl Bk Ups Rates By 25 Bps To 10.25%

13:35, 31 Iul. 2008
Romania’s central bank decided in Thursady board session to raise the key monetary policy rate by 25 basis points to 10.25%, in its seventh consecutive hike since October last year.

Romanian Fixed Telephony Numbers To Reach 10 Digits As Of Aug 1

13:32, 31 Iul. 2008
Fixed telephony numbers in Romania will function, starting with August 1, only if the prefix is used, and starting with this date calls without prefixes will no longer be redirected to the destination.

Romanian President On Visit To Italy

11:08, 31 Iul. 2008
Romanian President Traian Basescu left for Italy’s capital city of Rome Thursday on a one-day working visit at the invitation of Italian Prime Minister Silvio Berlusconi.

One Dead, Three Badly Injured In Car Crash, E Romania

11:04, 31 Iul. 2008
One person died and three were injured Wednesday night in a car accident in Buzau county, eastern Romania.

Romanian Chamber Of Deputies To Meet In Extraordinary Session On Aug 13

15:58, 30 Iul. 2008
The Romanian Chamber of Deputies will meet in an extraordinary session on August 13, regarding the approval of criminal investigations against former ministers Miron Mitrea and Adrian Nastase, a session requested by president Traian Basescu.

Romanian Automotive Registry To Check Car Parts For Road Safety

15:39, 30 Iul. 2008
The Romanian Automotive Registry will be able to refuse acknowledging or certifying equipment, spare parts and exploitation material for vehicles if these items, even if they comply with European regulations, present road hazards or can be damaging for public health.

Romanian Social Democrats Threaten No-Confidence Motion Over Pwr Holding Proj

15:33, 30 Iul. 2008
Romania‘s leftist opposition Social-Democratic Party (PSD) will start procedures to draft a no-confidence motion if the government approves the setting up of the new vertically-integrated power holding, social democrat lawmaker Iulian Iancu told a press conference Wednesday.

Erste CEO Welcomes Romanian Ctrl Bk New Household Lending Rules

15:10, 30 Iul. 2008
The new regulations on household lending proposed by the Romanian central bank are welcome, since there are banks in Romania that act in “an almost reckless” fashion chasing bigger market shares, Erste Bank CEO Andreas Treichl said Wednesday.

Romania’s Romtelecom To Operate Social Services Numbers 116000 And 116111

15:09, 30 Iul. 2008
Romania’s telecom operator Romtelecom was granted licenses to use national six-digit numbers for social services 116000 and 116111, the country’s IT&C regulator ANRCTI said in a statement Wednesday.

Romania Puts Off DraCOOLa International Film Festival For 2009

14:45, 30 Iul. 2008
The Association Promoting the Romanian Film (APFR) rescheduled the DraCOOLa International Horror and Fantasy Film festival for next year, citing management problems, the head of the association, film director Tudor Giurgiu, said Wednesday.

CME Romania 1H Rev $137.83M Vs $91.56M YY

14:08, 30 Iul. 2008
Central European Media Enterprises Ltd., a European broadcaster founded by Ronald Lauder, son of the founders of Estee Lauder Inc., on Wednesday said its net revenues in Romania stood at $137.83 million in the first semester, up 50.5% from $91.56 million in the corresponding period a year ago.

UK’s Westhill To Invest Over EUR500M In Real Estate Proj In Romania

13:49, 30 Iul. 2008
United Kingdom’s Westhill Development will invest over EUR500 million over the next five years, in real estate projects in Romania, Westhill Romania’s director Andrei Panculescu said Wednesday.

Flood Aftermath: Over 15,800 People Evacuated In Northern Romania

12:09, 30 Iul. 2008
Over 15,800 people were evacuated, of which over 9,300 were evacuated from the eastern county of Neamt alone, five people died and 150 localities in six counties were flooded, according to Victor Paul Dobre, state secretary within the Ministry of Interior and Administrative Reform.

Romanian Ftbl Clubs To Have Accounts Blocked In Players Transfers Case – Sources

17:19, 29 Iul. 2008
Romanian prosecutors Tuesday launched legal procedures to block the accounts of football clubs Dinamo and Rapid from Bucharest, Gloria Bistrita and Otelul Galati, in a case involving alleged illegal transfers of 12 Romanian players abroad, people close to the matter said.

Romanian Automotive Registry Explains Handicap Mod Procedure For Cars

17:02, 29 Iul. 2008
Romanian owners of vehicles modified to be used by people with handicaps need to submit with the Romanian Automotive Registry (RAR) a statement of conformity, when the changes are written in the Vehicle’s Identity Card (CIV), and not documents mentioning the degree of invalidity.

Over Forty People Injured In Car Crash SE Romania

16:29, 29 Iul. 2008
Over 40 people were injured after several vehicles collided on national road DN 2A, on Constanta-Medgidia route, southeastern Romania.

Lifting Facilities For Romanian Programmers Hinders IT Sector Development – Employers

14:28, 29 Iul. 2008
The Romanian government changed the calculation of contributions programmers owe to the health insurance budget without prior public debates and the measure has negative effects on the IT&C industry, the employers’ association in the sector said.

Romania’s 1H Residential Building Permits Up 12.9% On Yr

12:23, 29 Iul. 2008
Romania issued 29,394 building permits for residential projects in the first half of the year, up 12.9% on the year, the country’s statistical board INS said Tuesday.

New York Prison Authorities Cling To Romanian Convict

16:27, 28 Iul. 2008
A Romanian citizen convicted to life imprisonment in the United States of America has been requesting a transfer to a Romanian prison for ten years now, but US authorities appose his request.

Flood Aftermath In NE Romania – Report

14:45, 28 Iul. 2008
The situation on the Prut river at the border with Moldova remains critical, but the number of people evacuated because of the recent flooding is down to 11,720 state secretary Victor Paul Dobre said Monday.

Romanian Fin Min Says ’08 Headline Inflation At 6-7%

14:19, 28 Iul. 2008
Romania’s headline inflation will be between 6% and 7% this year, exceeding the central bank’s target of 2.8-4.8%, Economy and Finance Minister Varujan Vosganian said Monday.

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.