Archive » July 2006 » 13 July 2006 The english news from 13 July 2006

  • Romania: Private Companies Investing in Healthcare

    Thus, in 2006, IOMC will benefit from 20,000 USD for the renovation of two wards in section 4, the ORL Institute will be allocated 10,000 USD for the acquisition of medical equipment, while the University Hospital will use the amount of 12,000 USD for the purchasing of furniture and medical equipment as well as the setup of the orthopedics department, according to Romanian Business Resources reports.…

  • Romania Releases Short Term Indicators Prices

    The main short term indicators during Jan-May 2006, according to NATIONAL INSTITUTE OF STATISTICS reports.…

  • Romania: Marr Invests 70 mln in a Residential Area

    Marr Capital allocated 70 million euros to the construction of two residential areas located in Corbeanca, according to the company's Chairman Marat Safin, according to Bucharest Daily News.…

  • Romania: Romtelecom Changes Tariff Plan

    The monthly subscription fee for the landline carrier Romtelecom will increase by an average of 25.4 percent starting on August 25, as the National Regulatory Authority for Communications (ANRC) approved the demand of 'rebalancing' retail tariffs, according to Bucharest Daily News reports.…

  • Romania: Investments in Water Quality Sector Exceed 14 bln

    The total estimated costs for investments in fields relating to the quality of drinking water and the cleaning of the urban residual waters exceed 14 billion euros, while meeting the commitments assumed in the EU talks regarding Chapter 22 on Environment, Minister of Environment and Water Management Sulfina Barbu said , ACT Media news agency reports.…

  • Romania: National Strategy for Biomass

    The Government decided yesterday during its Wednesday session that the Ministry of Economy and Commerce and the Ministry of Agriculture Forests and Rural Development shall jointly draw up a National Strategy for Biomass and a relevant National Plan of Action, ACT Media news agency reports.…

  • Romania: Luxten Purchases Seven Micro-Hydropower Stations

    Luxten Lighting, one of the most profitable companies in Romania, is to become an electricity producer, after having recently acquired a group of seven micro-hydropower stations along the Doftana river (southern Romania), ACT Media news agency reports.…

  • Romania: Advertising Business Grows with 100 mln in 2005

    The total business turnover of the most important advertising groups and agencies in Romania rose by almost 100 million euros in 2005 compared to 2004, according to a poll conducted by Business Magazin among the most significant advertising companies, its results being published by Ziarul financiar, ACT Media news agency reports.…

  • Romania: New Law on Bankruptcy

    The new law on bankruptcy is to come into force on July 21 aiming mainly at speeding up the exit out of the market of the non-viable entities upon request of the European Commission, ACT Media news agency reports.…

  • Romania: Opportunities for Romanian Companies in Liban

    The Minister of Economy and Trade Ioan Codrut Seres while on an official visit in Liban, tries to find investment opportunities for the Romanian companies, according to a MEC press release, ACT Media news agency reports.…

  • Romania: Romgaz's Q1 Profit Reaches 40 mil

    The last valuable asset in the state's portfolio, natural gas producer Romgaz Medias made a net income of 39.8 million euros (139.3 million RON) in Q1:06, an increase of 38 percent vs. the same time in 2005, according to the data provided by the company.…

  • Romania: S&P's Upgrades Rompetrol's Outlook to Stable

    Standard & Poor's Services announced that it revised its outlook on Netherlands-based oil refiner and marketer the Rompetrol Group N.V. to stable from negative. At the same time, Standard & Poor's affirmed its 'B-' long-term corporatecredit rating on Rompetrol, ACT Media news agency reports.…

  • Romania: Public Debate Starts on Construction of Bucharest Brasov Motorway

    The Bucharest District 2 Hall launched public debates on the project concerning construction of the Bucharest Brasov motorway, Nine o' Clock reports.…

  • Romania: FinMin Proposes Lebanon to Establish Joint Ventures

    The Minister of Economy and Commerce Codrut Seres, in a visit to Lebanon, proposed the establishment of Romanian Lebanese joint ventures in the industry sector, Nine o' Clock reports.…

  • Romania: Raiffeisen Bank to Finance Real Estate Projects w/ 350 mln

    Raiffeisen Bank may finance by the end of the year real estate projects amounting to a total EUR 350 M, Nine o' Clock reports.…

  • Romania: Telephone Operators Put Most Attractive Offers on the Market

    On a dynamic market where the number of mobile phone users is expected to go beyond the 15 million mark by the end of the year, operators are trying hard to increase the number of subscribers, according to Romanian Business Resources and Nine O'Clock reports.…

  • Romania Releases Short Term Indicators Status

    The main short term indicators during Jan-May 2006, according to NATIONAL INSTITUTE OF STATISTICS reports.…

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