Archive » December 2006 » 20 December 2006 The english news from 20 December 2006
Romania: Cuprom Highest Bidder for Serbian RTB Bor
Cuprom Romania, which entered the race for the privatisation of copper maker Rudarsko Topionicarski Bazen Bor mining/smelting firm (RTB Bor) of Serbia, had the highest bid, namely $400 million, ACT Media News Agency reports.…
Romania: Car Liability Insurance to Cost More, '07
Starting 2007, once the effectiveness of the local car liability insurance policy expands to the community space, car owners will be charged more, ACT Media News Agency reports.…
Romania: Development Rates Over 5%, Estimates Orban
Disinflation and the appreciation of the Leu will continue in 2007, the year when foreign investments of at least EUR eight bln are predicted, most of those investments being made in industry, the European Commissioner Leonard Orban said, Nine o'Clock reports.…
Romania: Transelectrica Expects RON 2.462 mil Revenues
Transelectrica company will conclude this year with a gross profit estimated at RON 200 M, given RON 2.462 M revenues and expenses of RON 2.262 M, Nine o'Clock reports.…
Romania: Insurance Market to Increase by 33%, '06, says Tecau
The insurance market will increase by 33 per cent this year, to EUR 1.6 bln, and until 2011 the value of the subscriptions from the insurance contracts will rise to EUR three bln, said Mihail Tecau, CEO BCR Asigurari, Nine o'Clock reports.…
Bulgaria,Romania: Labour Restrictions at Netherlands,Portugal,Italy
The Netherlands, Portugal, and Italy will most likely impose restrictions on the access of Romanian and Bulgarian workers after the two countries’ accession on January 1, 2007, spokesperson for the Foreign Ministry (MAE) Corina Vintan announced, Nine o'Clock reports.…
Romania: BCR's net profit at EUR 478 mil, '09, analysts say
Erste Bank, owner of the Romanian Commercial Bank (BCR), will make EUR 27 M profits before taxes from the sale of own stock that it had redeemed from BCR employees for a price below the stock exchange quotes, analysts said.…
Bulgaria,Romania's EU Entry to Bring Changes
Bulgaria and Romania's EU accession as of January 1, 2007 will bring about changes in the three major institutions of the union - the European Parliament, the EU Council and the European Commission, Sofia News Agency reports.…
Romania:Ebyl Automotive Expects Turnover up 14%, '06
Ebyl Automotive Romania, a branch of the Austrian group Ebyl International AG, supplier of car parts to the automotive industry, expects a turnover worth 16 million euros in 2006, up 14 percent than in 2005 when it reported turnover worth 14 million euros, ACT Media News Agency reports.…
Romania: UK Fabian to buy EUR 60 mil buildings
UK investment fund Fabian announced the intention to buy office buildings worth up to 60 million euros, and to invest in all the segments of the local real estate market, ACT Media News Agency reports.…