Archive » April 2006 » 30 April 2006 The english news from 30 April 2006
Romania: Austrian OMV Posts €3bn Profit After Petrom's Takeover in '05
Austrian petroleum group OMV is making a 3 billion-euro profit on paper from the takeover of the biggest Romanian company, Petrom, less than two years ago, ACT Media news agency reports.…
Romania: Gov't Allocates Extra 4mn RON for National Projects
The Agency for Governmental Strategies (ASG) received the government's approval for an extra budget of 4 million RON to finance four new projects, Bursa reports.…
Romania: Mittal Steel Galati to Raise Share Cap by 61.6 mln RON
Galati-based Mittal Steel announced that it will increase its share capital by 61.6 million RON. Mittal Steel Holdings AG has underwritten some 24.664.800 shares after the general shareholders meeting that was organized on February 9, Bursa reports.…
Romania and Hungary Cooperate on SMEs Growth
Romania and Hungary will support each other with a view to drawing up and implementing programmes for development of small and medium-sized enterprises (SMEs), according to the Memorandum of Understanding between the National Agency for Small and Medium-Sized Enterprises and Cooperation from Romania and the Ministry of Economy and Transport of the Republic of Hungary, which was approved by the government, ACT Media news agency reports.…
Romania: Romaero Privatization Task Book to be Released in June
The Ministry of Economy and Commerce (MEC) will publish in two-month time the task book for the foreign investors interested in the privatisation of the Romanian producer of airplanes and air structures Romaero, according to the Board of Directors president, Aurel Cazacu, Nine o'Clock reports.…
Romania To export to United Arab Emirates helicopters upgraded by IAR Brasov
Romania will export to United Arab Emirates the first two helicopters upgraded by IAR Brasov under a contract of 89 million dollars, according to Radio Romania Actualitati.…
Romania Prepares National Strategy on Nuclear Safety
The reactors 2 and 3 of Cernavoda Nuclear Power Plant (southeastern Romania) will be commissioned at a time when Romania will already be a member of the European Union, which means enhanced responsibility related to the enforcement of the nuclear safety standards in line with the national strategy correlated with the EU strategy, said the chairman of the National Commission on Nuclear Activity Control (CNCAN), Vilmos Zsombori, ACT Media news agency reports.…
Romania Trade rise by over 25 % yoy in Q1 06
The foreign trade increased by 25.6 percent in the first three months of this year, the exports exceeded the level registered in the similar period of the previous year by 21.9 percent, and the imports by 28.4 percent, said a release of the Romanian Ministry of Economy and Trade. The FOB exports reached 6.21 billion euros, up 1.12 billion euros from the same period last year, mainly due to the capitalization of the advantages of the Romanian products on the foreign markets, "ACT Media News Agency" reports.…
Romania: Olli Rehn praised country's progress but warned over reforms' consistency
Olli Rehn, the European commissioner for enlargement declared that his objective is the accession of Romania and Bulgaria in January 2007. At the same time his duty is to make sure both countries are prepared for accession, the BBC correspondent to Brussels informs.…
Romania: Vodafone gives up Connex brand
The Romanian Connex subscribers were taken over on Thursday by the international operator Vodafone, the disappearance of the Connex brand being inevitable after Vodafone had bought MobiFon (former owner of Connex brand),"ACT Media News Agency" reported.…