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News Archive for February 2nd, 2010

News from Romania. News Archive for February 2nd, 2010



Banca Transilvania posts 15 million-euro profit despite spike in risk provisions

Banca Transilvania (TLV), the biggest local bank without a foreign majority shareholder, posted 62 million RON (15 million euros) in net profit last year, [... more]

Raiffeisen thinks Petrom shares are expensive

Analysts of Austrian bank Raiffeisen Centrobank recommend to investors to sell Petrom shares (SNP) (Petrom is the largest company on the Romanian market), [... more]

Sucu: I wouldn’t take a plant right now even if it were for free

Businessman Dan Sucu, one of the best-known domestic entrepreneurs, says he would not take a furniture plant at this moment even if someone gave it to him [... more]

With 320m-euro turnover, Nelu Iordache becomes the biggest builder

Giurgiu-based Romstrade company, controlled by businessman Nelu Iordache, has become the biggest builder on the domestic market and also the first that has [... more]

Murfatlar: After the crisis, people will be tempted to save more

Daniel Negrescu, brand manager of wine producer Murfatlar, says the wine market will resume growth a year after the recession is over, and the economic [... more]

Dictator Ceausescu's only remaining son takes theatre play to court

The only remaining child of the Elena and Nicolae Ceausecu, ex-communist dictatorial couple, namely Valentin Ceausescu intends to ask in court for the theatre [... more]

Romania and Azerbaijan memorandum to provide Europe with gas

Romania and Azerbaijan signed a cooperation memorandum in the energy sector, according to Azeri publication Trend.az. A paragraph of the memorandum addresses [... more]

Greek-owned ship with one Romanian sailor on board freed by Somali pirates

M/V Filitsa, the Greek-owned ship, carrying one Romanian sailor on board, has been freed two months and a half after it was captured, a Romanian Foreign Affairs [... more]

Greek-owned ship with one Romanian sailor on board feed by Somali pirats

M/V Filitsa, the Greek-owned ship, carrying one Romanian sailor on board, has been freed two months and a half after it was captured, a Romanian Foreign Affairs [... more]

Five new swine flu cases during the last 24 hours

Romanian Health Ministry announced that there have been five new infections with A/H1N1 recorded over the last 24 hours. No patient infected with the pandemic [... more]

Romania and Moldova agreed to open Lipscani-Radauti Bridge in ten days

Romanian President Traian Basescu and Moldavian PM Vlad Filat discussed and decided over the phone to open the Radauti-Lipscani Bridge in ten days, Jurnal.md [... more]

Brits worried that Romania's tight links with Republic of Moldova will result in more immigrants

Romania's policy of close ties with the Republic of Moldova makes the British think twice. They worry that this will generate a new East European [... more]

Ex-Romanian PM proposes to lift the President's immunity

The lift of Romania's President immunity and the introduction of the Parliamentary pass for the designations made by the chief of state - these are two [... more]

Herta Muller: getting Marius Oprea out of the Institute for Investigations Communism Crimes and the Romanian Exile Memory's management means a battle won by the old regime

Literature Nobel prize award winner writer Herta Muller claims in an open letter addresses the naming of Marius Oprea as the head of the Institute for [... more]

What the newspapers say: February 2, 2010

Romanian LibDem party (PDL) exports First Home programme to Haiti. Elsewhere in the news, Romanian administration authority vice-president is suspect [... more]