Archive » August 2006 » 25 August 2006 The english news from 25 August 2006

  • Romania: Consultation for the Romanian Post Co. Privatization

    The Ministry of IT&C and Roland Berger Strategy Consultants have agreed on the content of the consultancy contract for the restructuring of the Romanian Post Co. (CNPR) and the document is pending the Government's approval, Bursa reports.…

  • Romania: Daewoo Craiova Contract to be Signed Next Week

    Automobile Craiova, a minor shareholder in Daewoo Automobile Romania, will take over next week the major stake in the carmaker from South Koreas Daewoo Motor. Officials from the South-Korean company are expected to arrive in Bucharest next week, to sign the sales contract with Automobile Craiova, ACT Media news agency reports.…

  • Romania: BCR Holds Mortgage Over Oil Rigs in Iran Conflict

    The main shareholder of Grup Servicii Petroliere (Oil Services Group - GSP), the company whose oil rig came under Iranian fire on Tuesday, has deemed the incidents as piracy against Romanian property, ACT Media news agency reports.…

  • Romania: Cetelem Becomes Stock Company

    Cetelem Romania, leader on the Romanian market for consumer loans has become a stock company, following a decision by its single shareholder, Credisson Holding, ACT Media news agecny reports.…

  • Romania:Foreigners Buy Shares and Bonds of 541 mln in 7-mo '06

    The volume of purchases of shares and bonds made by foreigners in Romania in the first 7 months is of 541.25 million euros (1.92 billion lei), ACT Media news agecny reports.…

  • Romania: All Customs Exemptions Eliminated After EU Accession

    According to a draft order of the Finance Ministry all customs exemptions granted by law will be eliminated after Romanias EU accession, as EU customs laws will be applied, ACT Media news agency reports.…

  • Romania: Foreign Minister Attends GAERC Meeting in Brussels

    Romanian Minister of Foreign Affairs Mihai-Razvan Ungureanu is to participate in the meeting of the General Affairs & External Relations Council of the European Union to take place in Brussels, ACT Media news agecny reports.…

  • Romania: Iran's President Says Orizont Incident no Hostility Act Towards Romania

    Iran's President Mahmoud Ahmadinejad gave assurances to Romania's President Traian Basescu late on Wednesday that the incident having taken place on the Romanian oil rig Orizont is not an act of hostility towards Romania, but a commercial conflict involving procedures in accordance with Iranian legislation, ACT Media news agency reports.…

  • Romania: 1,700 Official Delegates at the Francophonie Summit

    The 11th Summit of Francophonie, to which Bucharest will play host in September, will be a very good opportunity for creating a good image abroad, says State Secretary Cristian Preda, Nine O'Clock reports.…

  • Romania: Holcim Sales Increased 13.9 % in H1

    The sales of the Swiss cement producer Holcim in Romania increased in the first six months of the year 13.9 per cent, as compared to the similar period of 2005, and the delivery prices in national currency dropped 1.8 per cent, Nine O'Clock reports.…

  • Romania: Iprolam Reports Growing Profit

    Iprolam posted 372,229 RON in profit over the first half of the year, up 43 percent year-on-year, Bursa reports.…

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