Archive » April 2010 » 15 April 2010 The english news from 15 April 2010
TotalSoft opens branch in Bulgaria with 300,000 euro
Total Soft, the regional producer of business software, with businesses of 20 million euro in 2009, is opening a 300,000 euro investments in a branch in Bulgaria, company officials announce. The opening of the Sofia office is part of the strategy of international expansion which Total Soft…
Eurocopter participates in the 'Black Sea Defense & Aerospace 2010' international exhibition
More than 200 companies from 17 countries present their engineering and technology for defense, in Bucharest, for three days, at the third edition of the International Exhibition devoted to the Defence, National and Private Security and Aviation Industry - the 'Black Sea Defense & Aerospace 2010' (BSDA 2010)…
Foreign direct investments plunged three-fold in Jan-Feb
Foreign direct investment inflows in Romania came down to 466 million in the Jan-Feb period 2010, three-times lower than the same period of last year, and covered a mere 61.8% of current account deficit, data from the National Bank of Romania show.FDI inflows in Romania stood at Euro 1.326 billion in January-February 2009…
Canadian Ambassador pays visit to Rosia Montana
Canadian Ambassador to Romania, Philippe Beaulne, on Tuesday met, in Rosia Montana (Alba County, central-west), with representatives of the Romanian-Canadian joint venture Rosia Montana Gold Corporation (RMGC) and also with local authorities…
Petrom invests 100 mln euros in wind energy production
Petrom has bought the entire Wind Power Park SRL, holder of a power generating project based on wind turbines, the company informs in a release remitted AGERPRES. Total investments in the implementation of wind energy generating project held by Wind Power Park SRL is up to some 100 million euros…
Bank bankruptcy will be declared with BNR agreement only
The government approved an emergency ordnance according to which the bankruptcy procedures in the case of banks could be started only with the agreement of the National Bank of Romania ( BNR), the spokesperson of the government Ioana Muntean stated. The central bank cannot give the approval if they consider the institution is not in insolvency…
Seitan: No layoffs at Ministry of Labor
Ministry of Labor is not going to further lay off some staff because enough people have been made redundant and the restructuring plan asked by the Premier represents "only some data" to determine the needed staff numbers, announced Labor Minister Mihai Seitan…
Radioactive waste storage facility to complete in 2019
The storage facility that will provide a permanent place for the stockpile of low- and medium-activity radioactive waste, located in Saligny, near Cernavoda, the second of its kind in the country, will be completed in 2019, five years later than initially planned. The project will cost the country up to €220 million to build…
Romania, Georgia and Azerbaijan to bring gas to Europe: The project could be finalised before Nabucco
After almost one year of negotiations, Romania, Georgia and Azerbaijan have signed a memorandum regarding the set up of a company for a project that will be masterminded from the head office in Bucharest. The company will manage a feasibility study to assess whether a gas transport on the Azerbaijan-Georgia-Romania route is possible…
The 'Roadmap 2050' report: EU shown 2050 path to renewables-based economy
Europe could meet at least 80% of its energy needs from renewables by 2050 without paying more for electricity than it would by continuing with current fossil-fuel based infrastructure, according to a new report by the European Climate Foundation (ECF)…
China invests in wind power at Tulcea
The Chinese Development Bank will financially support the companies in the People's Republic of China to invest in the Romanian wind power sector, the People's Republic of China General Consul in Constanta Wang Tieshan said at Tulcea (eastern Romania) on Friday…
Isarescu: Euro adoption calendar is catalyst of coherent policies
The calendar for the accession to the European currency must represent a catalyst for coherent policies, Governor of the National Bank of Romania (BNR) Mugur Isarescu told a Thursday conference on economic competitiveness. "I believe that this 2014-2015 calendar must represent a catalyst for the accomplishment of coherent policies," said Mugur Isarescu…