Archive » December 2006 » 04 December 2006 The english news from 04 December 2006
Romania: Euro-PEC and Energy Holding Sign Electricity Purchase Contract w/CE Turceni
Euro-PEC and Energy Holding companies accepted to sign contracts for electricity purchase from CE Turceni for next year, for the prices asked by the electricity producer, stated the general director of the power complex Dumitru Ilinca, Nine o' Clock reports.…
Romania: Wheel Service Market Grows Slower Than Car Sales
The car wheel and auxiliary service market, valued at some 90 million euros by the players operating on this segment, is witnessing a growth pace below the car market's annual average, namely 30%, according to Ziarul Financiar.ro reports.…
Romania Will Not Have a Minority Government, said Prime Minister Tariceanu
Romanian prime minister Calin Popescu Tariceanu said on Monday that in the existing political framework he would not lead a minority government as speculated by the media, according to Hotnews Romania reports.…
Romania: Holiday Season for Bucharest Stock Exchange
December 19 will be the last day of trading for the Bucharest Stock Exchange (BVB), it was announced today, HotNews Romania reports.…
Romania: Ranbaxy's Romanian Subsidiary Contributes to its Core 2007 Profit
The Indian group Ranbaxy Laboratories, which has purchased this year the Romanian medicine producer Terapia, estimates that the operations in Romania will represent a core element for the profit growth in 2007, said General Manager, Malvinder Singh.…
Romania: Tiriac Leasing to Borrow €25 mln from BR Banca
Romanian Tiriac Leasing, part of Tiriac Holdings, announced that it will borrow 25 mln euro from local bank Banca Romaneasca (BR) to finance its operations, the company said on December 4, 2006.…
Romania: Drug Mkt Reaches €1.53 bn in Oct '05-Sept '06
The Romanian drug market reached 5.24 bln Romanian lei (1.53 bln euro) in the period from October 2005 to September 2006, according to data released by market researcher Cegedim.…
Romania: 10m Budget Surplus Reaches 2.04% of GDP
Romania's consolidated budget registered a surplus of 2.04% of GDP in the first 10 months of this year, up from 1.7 percent till the end of September, according to data released by the finance ministry.…
Romania: Leumi Bank Launches €10,000 Consumer Loan
Bank Leumi Romania, former Eurom Bank, launched a new consumer loan of up to €10,000.…
Romania: Continental to Invest €125.7m in Network Expansion
The hotel operator Continental controlled by businessman Radu Enache, announced plans to invest €125.7m for expanding the hotel network in Bucharest as well as in the major cities of the country.…
Romania: Cosmote Achieves Record Time Network Coverage Expansion
COSMOTE Romania announced that following substantial investments of over 220 million euros, the company has reached in record time nearly 92% population coverage and more than 76% geographical coverage to date, Cosmote Romania press release.…
Romanian Software for Business in China
Romanian software company Kepler-Rominfo entered last year the Chinese market, with solutions for revenues management for fiscal administration of a region and for McDonald's China, intending to launch some applications of meteorological supervision for airports' administration, according to Rompres quoted by ING Financial News Romania.…
Romania: Women Represent 25% of Individual Bourse Investors
One third of the Romanian individuals who invest on the Bucharest Stock Exchange (BVB) are women, says BVB general manager Stere Farmache, according to Rompres quoted by ING Financial News Romania.…
Romanians Happy About EU Accession, BCS Poll Reveals
Almost half of the Romanians are happy with the fact that their country will join the European Union on January 1, reveals a survey conducted by the Social Research Bureau (BCS), according to Rompress quoted by ING Financial News Romania.…