Search for more news

Custom Search

News Archive for February 9th, 2010

News from Romania. News Archive for February 9th, 2010



The SIFs crash 5% on BSE at closing, following deputies’ negative notice on the ownership threshold

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

Dacian Ciolos is officially the new European Commissioner for Agriculture

The European Parliament approved on Tuesday the new team of European Commissioners, lead by Portuguese Jose Manuel Barroso, which includes Romanian Dacian [... more]

Renault might produce Logan and Sandero models in Algeria

Renault might open a new factory in North Africa, in Algeria where 50,000 cars will be build, French daily Le Monde reads. Renault declared that the information [... more]

Finance Minister won’t do away with stock exchange tax

Public Finance minister Sebastian Vladescu says he will support the capital market development through an entrepreneur education programme and by floating [... more]

The first official explanations on the American anti missile shield: Romania will host terrestrial interceptors not naval systems or radars / the costs of implementation and location will be incurred by the US

The American anti-missile shield will be implemented in four steps and Romania will host standard missiles type Block 1B which will become operational starting [... more]

Copos seeks luxury tenants for a commercial space in Hilton hotel

Businessman George Copos, owner of the Ana Hotels group, which holds seven hotels across Romania, is seeking luxury brand tenants for a commercial space in [... more]

Russian army General: the anti-missile shield is against Russia, whatever Washington might say

The American anti missile shield targets Russia, despite the official statements from Washington, Russian General Nikolai Makarov declared quoted by AFP. He [... more]

Adamescu heading for 1bn-RON in insurance

Astra Asigurari reported a 23% rise in underwritten premiums last year and expects a similar increase this year, which could see its business hit the one [... more]

Primola: Cheaper media advertising is an opportunity

The owner of Primola, the third-largest company on the chocolate tablet segment, valued at 120-150m euros, decided to resume massive advertising investments [... more]

Crisis wipes out 600,000 jobs

The unemployment rate hit 8.1% in January, the peak of the past 8 years, and new job creation plummeted last year, as private companies created 700,000 fewer [... more]

Sonia Nastase, Howard Johnson: Things cannot be any worse than last year

Sonia Nastase, the only woman who runs a five-star hotel in Romania, says after four months at the helm of Howard Johnson that “things cannot go worse than [... more]

First public-private partnership for construction works on a Romanian airport

Blue Air, the largest low-cost operator on the Romanian market, held by businessman Nelu Iordache, has contributed 19 million euros to the share capital of [... more]

Can Romania do without the IMF money?

After Hungary decided to no longer draw money as part of its agreement with the IMF in order to shake its image as a country in need of financial aid, the [... more]

Hergan: Interest in real estate market is returning

Businessman Alexander Hergan, who developed 35 projects such as Charles de Gaulle Plaza (the headquarters of Petrom and of Vodafone) through Avrig 35, and [... more]

Justice minister Catalin Predoiu prepares a legislative project that would fast forward trial procedures

Justice minister Catalin Predoiu prepares a legislative project that will fast forward trial procedures to improve the time rate for each trial, Romanian news [... more]

Romania's commercial deficit decreased by 58.58% in 2009 to 9.73 billion euro

Romania's commercial deficit decreased last year with 58.58% to 9.73 billion euro from 23.51 billion euro in 2008, according to Romania's National [... more]

Romania's Ambassador proposal for Moldova Marius Lazurca approved in the Parliament / He puts forward a Romanian-Moldovan investment bank project

Diplomat Marius Lazurca, proposed for Romania's Embassy to the Republic of Moldova is heard in the Romanian Parliament. In his introductory speech he put [... more]

What the newspapers say: February 9, 2010

South Romania is paralyzed by heavy snow and many national and local roads are closed, most newspapers read on Tuesday. In this vein, Transports minister [... more]