Archive » July 2009 » 10 July 2009 The english news from 10 July 2009
Romania May Industrial Output Drops Further
Thursday, Romania's National Institute of Statistics announced that the industrial production decreased 10% year-over-year in May, compared with a 9.7% fall in the previous month. After adjusting for seasonal and working day effects, industrial production fell 9.8%…
Emerging Media Holdings Completes the Acquisition of Genesis International SA
Emerging Media Holdings Inc. (OTCBB:EMDH), announced today it has completed the acquisition of a 60% interest in privately-held Genesis International SA ("Genesis"), a rapidly growing Eastern European infrastructure company, for $4.8 million in cash…
Cooperation agreements between Romania and Belgium signed in Bucharest
Five Romanian-Belgian cooperation contracts in the economic field have been signed on Wednesday in Bucharest in the presence of Albert II of Belgium at the end of the Romanian-Belgian Business Forum which took place in the context of the state visit the Belgian sovereign is paying to Romania over July 7-9…
Romanian magistrates launch protests
Bucharest, Romania -- Magistrates announced nationwide protests Thursday (July 9th), demanding better working conditions, adequate funding and the resignation of Justice Minister Catalin Predoiu, who halted bonuses due them to compensate for being understaffed and over-worked…
Romania: PM Boc: Nemirschi and Ridzi dismissed the day they undergo criminal prosecution
PM Emil Boc said on Thursday in Sibiu (170 km north-west of Bucharest) that he maintains his standpoint regarding Minister of Environment Nicholae Nemirschi and Minister of Youth and Sports Monica Iocob-Ridzi, stressing that the two will be dismissed the same day when the Prosecution Office requests the start of criminal investigation against them…
Unemployment rate in Bucharest climbs to 1.83% in June, data show
The unemployment rate in Bucharest inched to 1.83 percent at the end of June and the number of jobless people counted by the local labor force agency (AMOFM) reached 19,733, the institution announced. Women account for 54.2 percent of the total jobless in Bucharest and of 53.7 percent of the people receiving an unemployment allowance. However, some 7,907 people do not receive any financial aid…