Archive » August 2006 » 10 August 2006 The english news from 10 August 2006

  • Romania: €400,000 for Waste Management Projects

    Six counties making up Romania's Center development region will receive financial grants worth 400,000 euros for waste management projects. ACT Media news agency reports.…

  • Romania: Industrial Enterprises Turnover Rises by 5.5 % in June

    Overall turnover of the enterprises mainly engaged in industrial activities posted in the first half of the year, in real terms, an increase of 5.5 percent as against the similar period in 2005, ACT Media news agency reports.…

  • Romania: Bucharest Ranks 58th World's Most Expensive Cities

    Four European cities (Oslo, London, Copenhagen and Zurich) and Japan's capital city (Tokyo) are the world's most expensive cities, while Bucharest ranks 58th in this classification included in the "Prices and salaries" study drawn up every year by Swiss bank UBS , ACT Media news agency reports.…

  • Romania: BCR has Network of 440 Territorial Units

    In July and the first days of August the Romanian Commercial Bank (BCR) opened another 20 banks in several counties and thus came to control a network of 440 subsidiaries and agencies nationwide, of which 73 units in Bucharest, ACT Media news agency reports.…

  • Romania: Interest in Creating Wind Power Parks

    Romanian and foreign investors are seeking locations and taking measurements for future wind power parks and two new units of wind power production are to be implemented in South-eastern Romania, in Doborogea, ACT Media news agency reports.…

  • Romania: Rompetrol Launches First Mobile Station

    The Retail arm of the Rompetrol Group has inaugurated its first mobile station to distribute fuels and intends commission some 300 such outlets by the end of the year, ACT Media news agency reports.…

  • Romania: Wind-Power Installations in North Moldova

    Representatives of a group of investors from Italy specialising in the production of electricity through unconventional systems on Monday met at Botosani prefecture delegates of the local administration of 17 neighbouring localities, ACT Media news agency reports.…

  • Romania: Modernisation of Thermal Energy Distribution Costs 20 mln RON

    State secretary in the Ministry of Administration and Interior (MAI) Mircea Toader stated that the state will allocate next year, 20 million RON to continue the modernisation of the local network of thermal energy distribution, ACT Media news agency reports.…

  • Romania: Inflation Slows to 6.9% y/y in July

    Referring to the ability of the Romanian economy to maintain inflation within the limits targeted by the authorities, CNP president estimates that inflation will be around 6% at the end of the year, in the conditions in which the maximum target assumed by Government and BNR is to exceed 6.8 per cent, Nine O'Clock reports.…

  • Romania: Economic Growth in H1 Estimated at 7%

    The Romanian economy could grow by seven per cent in the first half of the year, and by six per cent in the whole year, subject to the evolution of agriculture, estimates the president of the National Forecasting Commission (CNP), Ion Ghizdeanu, Nine O'Clock reports.…

  • Romania: Economist Conference in Bucharest

    Building on business success in post-accession Romania is the subject of the Economist Conference which will take place in October 30th-31st 2006 at theJW Marriott Grand Hotel, Bucharest, according to Romanian- American Chamber of Commerce.…

  • Romania: Banca Transilvania Reaches 290 Units

    At the beginning of August, Banca Transilvania's territorial network reached 290 locations, according to Banca Transilvania news.…

  • Romania: Thermal Energy Network Upgrade to Cost 20 mil RON

    State secretary in the Ministry of Administration and Interior (MAI) Mircea Toader stated that the state will allocate next year, 20 million RON to continue the modernisation of the local network of thermal energy distribution, ACT Media news agency reports.…

  • Romania: Expenditures for Closing Loss-making Mines Amount to €125 mil

    Total expenditures for loss-making mines (drawing up the technical and closure documentation, including greening) amount to 447.899 million RON (some 125 million euros), under a decision adopted by the Government on August 2, ACT Media news agency reports.…

  • Romania: Proprietatea Fund Takes Over 12% of Electrica Transilvania Nord

    The Electrica Transilvania Nord AGM approved the takeover by the Proprietatea fund of 12% of the company’s stock which previously were owned by Electrica SA, according to a decision published in the Official Gazette, ACT Media news agency reports.…

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