Archive » February 2008 » 05 February 2008 The english news from 05 February 2008
French car maker Renault to inject EUR300 m into the Romanian Dacia plant to hike production
Renault, France's second biggest auto maker, plans to invest 300 million euros at the Dacia plant in Pitesti, southern Romania to expand the production capacity and research activities for the Logan model.…
Monetary policy interest-BNR continues anti-inflation fight, this being the 3rd such increase
The Central Bank of Romania (BNR) today increased to 9 percent the monetary policy interest, this being the third such move since October last year, when the monetary policy interest grew to 7.5 percent and January this year, when a 0.5 percentage points increase took place.…
Furniture producer Mobexpert sees sales going up 28% year-on-year in 2007
Furniture producer Mobexpert saw 28 percent higher sales last year against the previous, with more than three quarters of the sales belonging to the household area, according to a company release.…
Romania's Angst posts 50% higher revenues in 2007, to EUR 60m
Angst, one of the key players in the Romanian meat processing industry, posted revenues of approximately 60 million euros last year, up 50 percent against the previous year, according to the company's president Sorin Minea.…
EC asks Romania to strengthen the high level anticorruption fight, criticizes justice reform delays
Romania must speed up efforts regarding the high level anticorruption fight, according to the European Commission's preliminary report on the justice reform and the anticorruption fight.…
Romania's Baneasa airport to spend EUR 15m to build departures terminal and hangar
"Aurel Vlaicu" Bucharest-Baneasa International Airport angles to ink two association contracts for constructing a "Departures" terminal and a hangar; the total investment reaches almost 15 million euros, according to airport manager, Stefan Mladin.…
Romania's leu rises to 3.6250 against the euro, after the monetary policy interest grew to 9%
Romania's leu increased to 3.6250 lei against Europe's single currency at the end of the day and could continue hiking depending on the interests on the monetary market, after the Central Bank of Romania (BNR) rose the monetary policy interest to 9 percent per year, dealers said.…