Archive » June 2009 » 02 June 2009The english news from 02 June 2009
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02 Jun 2009 Romania's Romgaz inks first agreement with Russian gas giant Gazprom since 1989 State-owned gas producer Romgaz and Russia's gas monopoly Gazprom signed a memorandum for collaboration which set the grounds for a future joint venture, declared the Romanian Economy Minister, Adriean Videanu, during a press conference. The joint venture could be set up in September… read more
- 02 Jun 2009 Giants bid for Euro 100-500 mln frigate modernization deal The modernization of two frigates owned by the Navy is attracting top international navel defense industry companies to Romania, such as Thales Nederlands BV, Lurssen Lar Investment, Finmeccanica (Orizzonte Sistemi Navali), Damen Shipyard, Lockheed Martin, STX Shipbuilding (STX Norvegia), Rodriquez Cartieri Navali (InterMarine), BAE Systems, and Thyssen Krupp… read more
- 02 Jun 2009 Colliers: Bucharest Apartment Prices Slightly Dn M-M In May The prices of both old and new apartments in Romania's capital city, Bucharest, fell by an average 1% on the month in May, and they were down 10% compared with the beginning of the year, according to a report of real estate company Colliers International. Apartment prices were 28% lower compared with the maximum value touched in April 2008… read more
- 02 Jun 2009 EUR 4.8 bln from IMF ups BNR reserves by EUR 1.966 bln in May The currency reserves of the National Bank of Romania (BNR) rose by EUR 1.966 bln in May, to EUR 24.886 bln, according to a the central bank release on Monday, in the context of the 4.27 bln Special Drawing Rights (EUR 4.8 bln) inflow accounting for the first instalment with IMF accord. Inflows equal EUR 6.288 bln, accounting for tranche 1 in the stand-by agreement with the IMF… read more
- 02 Jun 2009 Premier says 16 banks confirm intent to join first house program Romania's prime minister Emil Boc said that the first house buying program (Prima Casa) addressing young families could be started earlier than planned and that 16 banks voiced interest over joining the program. The program could become operational by the end of the month, Boc said, adding that the government will come up with a bill including all the conditions imposed on banks to get involved in the program… read more
- 02 Jun 2009 Romanian President To Meet Bankers On Wednesday Romanian President Traian Basescu will meet on Wednesday with representatives of the central bank, of the Romanian Association of Banks and of major banks on the market, official sources told MEDIAFAX Tuesday. They are expected to discuss the economic situation, the agreements signed with parent banks to keep financing in Romania and the "First House" program… read more
- 02 Jun 2009 Business leaders demands to curb unemployment Looser fiscal measures for the workforce, Labor Law changes to iron out employee-employer relations, stimulating career change by granting fiscal facilities to companies that are training employees, and state subsidies for companies that hire unemployed workers are the main demands of business leaders to stop increasingly higher unemployment… read more
- 02 Jun 2009 INS: Investments in national economy maintain pace in Q1 According to the data provided by the National Statistics Institute (INS) on Tuesday, the investments in the national economy have dropped in Q1 by only 0.3 per cent to RON 12.77 bln compared to the level registered in the same period last year, showing they have kept the pace as compared to 2008… read more
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3.2831 RON
