Archive » February 2009 » 26 February 2009 The english news from 26 February 2009

  • Top five Romanian farmers, 400m-euro turnover and almost 170,000 cultivated hectares

    Culita Tarata, manager of TCE 3 Brazi, still owns the largest area of farmed land, of over 55,000 hectares, while Ioan Niculae, owner of Interagro, still is the entrepreneur boasting the biggest turnover in agriculture in 2008. Together with Adrian Porumboiu, chairman of Racova Agro Pan group of Vaslui, Mihai Anghel, running Cerealcom Dolj, and Stefan Poienaru, who set up Fetesti-based Agrofam Holding…

  • Romanian Comm Min To Negotiate Infringement Removal With EC

    The Romanian Government delegated communications and information society minister Gabriel Sandu to negotiate with the representatives of the European Commission the manner in which the infringement procedures against Romania might be ceased. Late January 2009, the Commission decided to launch an infringement procedure against Romania for breaching EU rules regarding the independence of its telecom regulator…

  • Top managers willing to help Romania overcome the crisis

    "This real partnership between the Romanian government and the business environment will provide solutions for the re-launching of the economy. I believe in this partnership, and the proposed measures will be carefully analyzed by the government," said Prime Minister Emil Boc, when he received the document containing the recommendations of businesspeople, involved in the Business Standard- initiated "Private Government" project…

  • Switzerland's UBS advises to buy Erste Group shares, which it sees at 15 euros

    The Swiss financial group UBS recommends buyers to go for shares of Austrian lender Erste Group and established a target unitary price of 15 euros, despite grim outlooks from investors, who are selling stocks tied to Central and Eastern Europe, a UBS report shows. UBS analysts consider that at present investors are selling all shares of companies with exposures in Central and Eastern Europe (CEE) without making any differences…

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