Archive » January 2008 » 21 January 2008 The english news from 21 January 2008

  • Romania Cannot Eliminate Its Car Tax

    Bogdan Olteanu, chairman of the Chamber of Deputies, said Romania cannot accept the European Commission's request to eliminate its car tax, since Romania and the Commission do not share the same interests in this respect.…

  • Office equipment market to exceed 80 million euros in 2008

    The Romanian office equipment market will reach 370,000 units this year, 23 percent more than last year's 300,000 units. Officials of the Association of Information Technology and Communication Equipment Producers and Distributors (APTEDIC) are estimating that the market value will exceed 80 million euros. …

  • Luxury, a domestic residential niche of up to 7000 euros per sqm

    An obvious tendency at the level of Capital's residential market is the developers' orientation towards satisfying middle class exigencies and demands. A perfectly natural thing, given the fact that this category forms the majority of Bucharest's population. …

  • Nokia's factory in Cluj will generate 15,000 jobs

    Nokia's investments in the factory in Jucu, Cluj County (Western Romania), will trigger the creation of some 15,000 jobs, according to the mayor of Cluj, Emil Boc.The official told Realitatea TV he met with the representatives of the world's leading mobile phone manufacturer and these assured him further investments with the factory in Cluj will be made. …

  • Porsche Romania invests €60 mln in 2008 to expand sales network

    Porsche Romania, largest local car importer, plans to invest €60 million to expand its sales and service networks by 30 units, according to a statement for Business Standard by General Manager Brent Valmar.…

  • Putin bags multi-billion-dollar energy deals in Bulgaria

    Russian President Vladimir Putin wrapped up a two-day visit here Friday, heading home with a bunch of major contracts in his suitcase that will strengthen Moscow's grip on European energy markets. Of the eight different deals that were signed by Moscow and Sofia during the visit, the most important concerned the South Stream pipeline project.…

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