English

Romanian RCA Insurers Tariffs 30% Below Mkt Value-Exec

16:11, 19 Dec. 2007
Romanian insurers licensed to sell civil liability car insurance policies, or RCA, offer prices some 30% lower compared to the level imposed through the overall mandatory reserves set up for their contracts, Allianz-Tiriac Asigurari general manager Cristian Constantinescu said Tuesday.

Drug Dealers Allegedly Funding PKK, Busted In Romania

14:44, 19 Dec. 2007
Three members of an international group of drug dealers, who supposedly financed the PKK, were arrested for 29 days for helping with the transport of 58 kilograms of heroin.

Italian Govt Repeals Expulsion Decree, Drafts Another

12:54, 19 Dec. 2007
The Italian government officially confirmed it would repeal the decree allowing the expulsion of EU citizens, minister for the relation with parliament Vannino Chiti said Wednesday, adding a new decree would be issued, according to Italian daily La Repubblica.

Bucharest Intl Airport Invests RON6.7M In Explosive Detection

12:05, 19 Dec. 2007
Bucharest’s international airport “Henri Coanda” plans to spend over RON6.7 million in February next year on explosive detection equipment, the airport said in a statement.

Romania’s President Reluctant To Moldova’s “Games”

11:40, 19 Dec. 2007
Romania’s President Traian Basescu said Tuesday at the public television that he finds it hard to understand the policy of the Communist Party in Chisinau, but stressed that the aggressive gestures displayed by the Moldovan President, Prime Minister and foreign affairs minister will not change Romania’s stand toward the Republic of Moldova.

Renault Recalls Over 10,000 Logans In Brazil

11:08, 19 Dec. 2007
Renault will recall over 10,000 Logan cars, made in 2007, off the Brazilian market, to check and possibly replace parts that could affect the well functioning of the steering system, the French carmaker said Monday, quoted by Brazilian publication Folha.

Romanian President Says US Is A Very Important Partner

11:01, 19 Dec. 2007
Romanian President Traian Basescu said Tuesday evening on the public television network TVR that he is one of the United States’ best friends as long as the US treats Romania as a partner.

Romania’s Accession To The EU Was A Success – Barroso

22:53, 18 Dec. 2007
The president of the European Commission, Jose Manuel Barroso, said in an interview for Romanian radio station RFI Romania, that the first thing he can say, one year after Romania and Bulgaria’s accession to the EU, that the integration was a success, and critics were wrong.

Romania Avoids 25% Slash In EU Farm Aid

19:51, 18 Dec. 2007
The European Commission on Tuesday said it decided not to slash Romania’s farm aid by a quarter after establishing Bucharest authorities have taken sufficient steps to improve controls on payments to farmers.

Automobile Dacia Says Romania Should Replace Car Tax With Lower Environ Tax

18:38, 18 Dec. 2007
Automobile Dacia, the Romanian unit of French carmaker Renault, on Tuesday recommended the executive to replace the country’s controversial tax on car registration with a lower environment tax, Automobile Dacia general manager Francois Fourmont said.

Romanian Pro TV Group Runs MTV Romania

17:02, 18 Dec. 2007
Central European Media Enterprises, the largest media group in Central and Eastern Europe, and MTV Networks International signed, on December 17, 2007, a license contract spanning over several years.

Romanian Constr Mkt 170,000 Workers Short – Official

16:03, 18 Dec. 2007
Romania’s construction market is 170,000 workers short and the numbers are seen rising, the Romanian Association of Construction Entrepreneurs, or ARACO, said Tuesday.

Constantin Balaceanu-Stolnici Quits Romanian Academy Activity

15:59, 18 Dec. 2007
Romanian Academy honorary member Constantin Balaceanu-Stolnici quit his activity at the Academy on Tuesday, Academy president Ionel Haiduc told MEDIAFAX.

Lazio Eyes Dinamo Bucharest Keeper Lobont – Paper

15:23, 18 Dec. 2007
Lazio Roma voiced interest in transferring Romanian goalkeeper Bogdan Lobont from FC Dinamo Bucharest, Italian news agency Calciomercato quoted Corriere dello Sport as saying on Tuesday.

Romania To See Typical Winter, Normal Weather Next Year

14:38, 18 Dec. 2007
Winter in Romania this year will not be atypical as last year, while 2008 will also be a normal year as far as weather phenomena are concerned, said Tuesday Ion Sandu, head of the national meteorology authority ANM.

Eurostat: Romania 9-Mo Trade Deficit EUR15B Vs EUR9.6B On Yr

14:37, 18 Dec. 2007
Romania ranks fifth in Europe by trade deficit in the first nine months of the year, up two places against the corresponding period a year ago, according to the statistical office of the European Union, Eurostat.

Romania Wins Second Place In „Dancing Around The World” Competition

14:36, 18 Dec. 2007
Romanian singer Andreea Balan and her dance partner Petrisor Ruge, Romania’s representatives in the international competition "Dancing around the world” won second place in this year’s edition that took place in Mexico.

European Parliament Hosts Rosia Montana Exhibition

14:04, 18 Dec. 2007
The “Past, present and future of Rosia Montana” photography exhibition opened Tuesday at the European Parliament.

Romanian PM Urges Lawmakers To Vote For 2008 State Budget

11:28, 18 Dec. 2007
Romanian Prime Minister Calin Tariceanu asked lawmakers to forget political feuds and voter-friendly actions and vote for the 2008 state budget, which he said is balanced and allows the country to continue developing.

Romanian Accused Of Murder Sentenced To 16 Years In Italian Prison

20:45, 17 Dec. 2007
An Italian court on Monday convicted Romanian national Doina Matei to 16 years in prison, Italian news agency AGI reported.

Romania Pushes For 1yr Delay On Animal Welfare Norms

20:13, 17 Dec. 2007
Romanian authorities will try to convince European Commission to accept a on-year derogation, for 2008, from EU norms on the stunning of pigs before slaughter. Talks are currently unfolding in Brussels.

Swiss Political Shift Might Trigger Referendum On Free Movement

15:57, 17 Dec. 2007
Switzerland’s former justice minister, far-rightist Christoph Blocher, might propose the organization of a referendum against the expansion of the agreement on free movement for Bulgaria and Romania, according to a well-known Swiss journalist, quoted by swissinfo.org.

Romanian PM Proposes One Third Of Car Tax Revenue For Environmental Projs

15:43, 17 Dec. 2007
Romanian Prime Minister Calin Tariceanu asked the ministers of finance and environment to come up with a system to allow the country’s controversial car tax to be collected as state budget revenue, with about one third of the money going into environmental projects.

Austria To Gradually Drop Labor Restrictions Come ’09

14:52, 17 Dec. 2007
Austrian finance minister Wilhelm Molterer, who is also Vice Chancellor in the Austrian Cabinet, said Monday, in Bucharest, that Austria will gradually lift restrictions imposed on the labor market, starting with the year 2009.

E.ON Gaz Romania Sees Household Gas Prices Up 30% In 2008

13:19, 17 Dec. 2007
E.ON Gaz Romania sees the country’s household gas prices rising 10% in January 2008 and estimates prices will grow by 30% at the end of next year, the Romanian unit of Germany’s giant E.ON said Monday.

Traffic Doubles At W Romanian Border As Romanians Return For Holidays

13:05, 17 Dec. 2007
Romanians working abroad have started to return in the country for the winter holidays and authorities are taking all necessary measures to decongest traffic at the western border.

Intercity Train Smashes Truck In W Romania

10:57, 17 Dec. 2007
An intercity train going on route Budapest-Bucharest derailed on Sunday night near the town of Arad, western Romania, after colliding with a truck.

Number Of Foreign Tourists To Register Slight Increase In ’08 Compared To ‘07

18:36, 16 Dec. 2007
The number of foreign tourists to visit Romania and that or Romanians to spend their vacations abroad would slightly increase in 2008 against 2007 according to estimations of the Association of Employers in Romanian Tourism, or FPTR.

Romania’s Defense Council To Debate Moldova’s Shocking Gesture-Sources

17:53, 16 Dec. 2007
Romania’s Supreme Defense Council, or CSAT, will debate next week about the diplomatic relations between the country and the Republic of Moldova and the consequences of Moldova’s gesture to declare two Romanian diplomats personae non-gratae, official sources said.

Bronze Medal Slips Through The Fingers Of Romania’s Handball Team At World Championship

17:41, 16 Dec. 2007
Romania’s women’s handball team lost the bronze medal on Sunday in the small finals of the World Championship, after it was defeated 36-35 in extra time by Germany’s team.

Wind Energy Investments Remain Theoretical Plans For Romania

15:22, 16 Dec. 2007
Romania has great potential to produce wind energy as it can sustain wind turbines with a total power capacity of 14,000 MW. Unfortunately, projects were drawn up only in theory.

New Education Laws To Be Launched Monday For Public Debate

14:19, 16 Dec. 2007
Romania’s education minister Cristian Adomnitei will launch on Monday for public debate the new education law package, aiming to improve the financing system, to pay more attention to schools and open a larger perspective for universities.

MediaPro Group Has New Operations Manager

13:43, 16 Dec. 2007
Florin Alexandresu, current CME Sales Strategist for Slovakia, Romanian and Sales Director Nova TV, the Czech Republic, was appointed operations manager of MediaPro group, and is to coordinate the operational activity of all companies activating under the MediaPro brand.

German Star Sandra To Perform In Romania’s Sinaia Mountain Resort

15:25, 15 Dec. 2007
German singer Sandra, who is to perform on Saturday evening in Sinaia, one of Romania’s mountain resorts, asked organizers that a six-mirror room be placed near the stage, and that French Champaign be ready and waiting for her in her hotel room.

Ex APD Head Accuses Romania’s Pres Of Trying To Discredit The Association

14:36, 15 Dec. 2007
Cristian Parvulescu, the former president of the ProDemocratia Association, or APD, Saturday accused president Basescu of trying to discredit the Association.

Traffic On Romania’s Roads Blocked Due To Heavy Snows

13:33, 15 Dec. 2007
Traffic throughout Romania is blocked or restricted due to heavy snows and ice, according to the Info-Traffic Center.

Romania’s Liberal Democrats Vote Merger With Democrats

13:20, 15 Dec. 2007
The extraordinary congress of the Liberal Democratic Party, or PLD, Saturday voted with only one vote against and six abstentions in favor of the merger through absorption with the Democratic Party.

Romanian Pres Asks PM, Foreign Affairs Min Not To Expel Moldova’s Diplomats

21:00, 14 Dec. 2007
Romania’s president Traian Basescu asked Prime Minister Tariceanu and foreign affairs minister Adrian Cioroianu not to expel Moldova’s diplomats in Romania, as an answer to Moldova’s gesture to declare two Romanian diplomats personae non-gratae, official sources said.

Moldova To Receive Employment Rights Equal To Romania’s In EU-President

20:19, 14 Dec. 2007
Romania’s president Traian Basescu said Friday in Brussels he hopes that Modova’s citizens and those living in the Republic of Cape Verde receive, in the EU, employment conditions equal to those of Romanian citizens.

Romania’s Natural Gas Prices To Grow In Single-Digit Jan 1 – Econ Min

19:39, 14 Dec. 2007
Romania’s natural gas prices in 2008 will see a single-digit rise on January 1, 2008, Economy and Finance Minister Varujan Vosganian said Friday, adding the increase would have an anti-inflationary effect.