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News Archive for February 3rd, 2010

News from Romania. News Archive for February 3rd, 2010



Moody's: Romania's rating will not be increased in the near future

Romania's rating will remain at its lowest level in the investment grade category according to the Moody's financial evaluation analyst Kenneth Orchard, [... more]

The SIF sector on BSE ends session with a 0.74% advance, as investors cashed in profits

The Bucharest Stock Exchange (BSE) [... more]

NBR puts more pressure on banks to make loans cheaper

The persistent decline of non-governmental lending and RON’s appreciation trend against the euro have convinced the NBR to cut the key rate by another 0.5% [... more]

Investors’ Stock Exchange wealth rose by 4bn RON last year

The overall value of portfolios held by Stock Exchange investors rose 52% to 11.5 billion RON (2.74 billion euros) last year, with indexes of the Bucharest [... more]

Siemens reorganises operations of 4 production facilities and hires people in Timisoara

Cristian Secosan, general manager of Siemens Romania, a company that covers markets such as energy, health and transportation, believes its business [... more]

Roche makes more than 100m euros from three drugs

Neorecormon (renal insufficiency), Pagasys (hepatitis) and Avastin (cancer), the best-selling drugs in Romania, belonging to Switzerland's Roche company, [... more]

January consumer spending still in negative territory

Sales on the main consumer goods markets, food, drinks, electrical home appliances, furniture, apparel and cars, where 20 billion euros are generated [... more]

French press: Romania has potential to become a heaven for sky lovers / Romanian tourist resorts are well known among European tourists

Romania has the potential to become a heaven for sky lovers: it has plenty of projects destined for the sky resorts and many investors and authorities are [... more]

Two Romanians froze to death in Italy / Authorities attempt to find their relatives

The cold wave, which provoked tens of victims in Romania reached Italy as well. Among those severely affected by the extremely low temperatures are two [... more]

SIF shares on BSE boost 4% at closing bell, on a market soaring slightly

The SIF sector on the Bucharest Stock [... more]

Romanian diplomat Silviu Ionescu officially accused for the incident at Singapore

Prosecutors started a penal investigation in the case involving Romanian diplomat Silviu Ionescu, Romania's business attache in Singapore. Ionescu was [... more]

The SIF sector on BSE climbs 2.4% at closing bell, pending decision on the ownership threshold

Discussions in the Chamber of Deputies [... more]

A year after Romanian sportsman Marian Cozma was murdered, the investigation ended

The investigation of the events that lead to the murder of Romanian handball player Marian Cozma ended, a year after his death. Hungarian authorities will [... more]

Michael Jackson's personal doctor could be arrested today for involuntary murder

Michael Jackson's doctor, Conrad Murray might be arrested today, February 3 for manslaughter. The doctor's lawyer, quoted by the international press [... more]

What the newspapers say: February 3, 2010

A Democrat Liberal Parliamentarian wants to compel all journalists to declare their wealth. Find out how journalists react to the proposal. In politics today, [... more]