Archive » August 2006 » 17 August 2006 The english news from 17 August 2006
Romania: Industrial Ecological Services at Ecomaster
The company dealing with industrial ecological services Ecomaster estimates to report a 2006 turnover worth around 10.5 million dollars (8.3 million euros), up by about 15 percent compared to one year ago, ACT Media news agency reports.…
Romania: Enel Confirms its Interest in Building Reactors 3 and 4 in Cernavoda
Enel's executive managing director Fulvio Conti confirmed last week, in his meeting with Economy and Trade Minister Codrut Seres, the particular interest of the company in supporting the construction and the operations of reactors 3 and 4 in the nuclear power plant at Cernavoda, ACT Media news agency reports…
Romania: AVAS to Privatize 53 Companies by year-end
The State Assets Realization Authority (AVAS) wants to start the privatization process for 53 companies by year-end, ACT Media news agency reports.…
Romania: MOL Group Increases H1 Fuel Sales by 49.4 %
Fuel sales of Magyar Olaj es Gazipari (MOL) group increased by 49.4 percent in the first six months of 2005, compared with 2004. At present, MOL owns 138 petrol stations in Romania and is to open three more until the end of this year, ACT Media news agency reports.…
Romania: Oil Terminal Posts 501,524 Ron in H1 Net Profit
Oil Terminal company made 812,204 lei in gross profit in the first half-year, while the net profit amounted to 501,524 lei, according to the financial report sent to the Bucharest Stock Exchange, ACT Media news agency reports.…
Romania to Chair International Commission on Danube River Protection in 2007
Romania will take over the chairmanship of the International Commission on the Protection of the Danube River (ICPDR) in 2007; in view of this move, State Secretary at the Ministry of Environment and Water Management, ACT Media news agency reports.…
Romania: Rompetrol Well Services, profit €1,11 mln in H1
Rompetrol Well Services got profit of 3.92 million lei ( 1.11 million euros) for the first semester 2006, turnover of 26.49 million lei ( 7.54 million euros)according to the company’s balance, ACT Media news agency reports.…
Romania: EU Financing of €34 mln for Cross-Border Cooperation Projects
The European Union allocated to Romania non-repayable funds worth 34 million euros in the framework of Phare 2005 cross-border cooperation programme, ACT Media news agency reports.…
Romania: Energopetrol Got €0.023 mln Profit on Q1
Energopetrol Campina company got profit of 83,000 lei ( 23,000 million euros) for Q1 2006, turnover of 6.70 million lei ( 1.90 million euro), according to the company’s balance presented on Friday to the BVB, ACT Media news agency reports.…
Romania: Petrol Export- Import Registered 840,000 Ron Profit
Petrolexportimport company registered over Q1 2006 profit of 840,552 lei, down by 93% as comapred to the same period of last year – 13,31 million lei, ACT Media news agency reports.…
Romania: RAFO Refinery to Invest €15 mil in Environmental Projects
RAFO refineries at Onesti region will invest about 15 million euros in 2006 in environmental projects, according to a Company's statement.…
Romania: Foreign Companies in Favor of Acquiring/Merging w/Romanian Co's
Clear fiscal regulations, as well as Romania's forthcoming EU accession lead an increasing number of companies from Europe and the United States to acquire or merge with Romanian companies.…
Romania: Population's Debts for Credits Rise to RON 238 mil
The total value of the outstanding debts for the credits taken up by the individual clients increased in one month by almost RON 18 M, amounting to almost RON 238 mil by the end of July, according to data presented by the Credit Bureau, Nine o' Clock reports.…
Romania: RON Appreciation to be Concluded by September
The appreciation of the Romanian currency was one of the most important registered this year by the currencies of the emergent states, however, the appreciation of the RON is expected to cease towards the end of the year, thus it would not reach the 4.5 per cent increase against EUR registered in 2006, a series of analysts predict,…
Romania: Obor Market to Become Shopping Center by end of '07
Obor market from Bucharest will turn by the end of next year into the fourth mall from Bucharest, according to the mayor of District 2, Neculai Ontanu, Nine o' Clock reports.…
Romania: Asitrans Asigurari Reports €10 Mln In H1
Asitrans reported the collection of gross premiums of 35.01 million RON (approximately 10 million EUR) in the first half of the year, up by 131.06 percent year-on-year, Bursa reports.…
Romania: Herlitz Turns Into Ltd.
Herlitz Romania, the stationery and office supplies company, has changed its legal status from a Plc. into an Ltd., Bursa reports.…
Romania: Tuborg Posts 30% Sales Growth In H1
Tuborg Romania posted a 30 percent increase in sales at the end of H1 amid an outstanding growth of 45 percent logged in May, Bursa reports.…
Romania: Flaros S.A. Posts 600,000 RON Profit For H1
Flaros S.A> Bucharest (FLAO) posted a net profit of 619,767 RON for the first half of the year, Bursa reports.…
Romania: Iorom Industry S.A. Posts 22 Mln RON Profit
Iorom Industry S.A. (ATTM) has reported a net profit of 22,643,915 RON for the first half of the year and a reduction in turnover from 6,031,852 RON to 4,989,688 RON, Bursa reports.…