Archive » June 2009 » 26 June 2009The english news from 26 June 2009
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26 Jun 2009 Car giant Ford appoints new administrator at Romanian automaker Automobile Craiova American car producer Ford Motor Company named Kenneth Macfarlane as the new administrator of the local carmaker Automobile Craiova, according to the decisions completed in the shareholder meeting. Kenneth Macfarlane will replace Dinel Staicu as SIF Oltenia (SIF5) is no longer shareholder at Automobile Craiova. SIF5 sold its 22.56 percent stake in April, for about 75 million lei… read more
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26 Jun 2009 Petrom oil production core relocates to Kazakhstan Romania's largest company, Petrom, part of the Austrian OMV oil and gas group, began production at Komsomolskoe, in Kazakhstan, following a €180 million investment, at a deposit which is due to become the most important in the company's portfolio, as of next year… read more
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26 Jun 2009 Romanian CEC Bank Offers Lowest Rate For RON Loans In "First House" Program Denominated loans granted through the "First House" program is at ROBOR rate plus 1.9 percentage points and was offered by Romanian state-owned lender CEC Bank, the head of the Guarantee Fund for small- and medium-sized enterprises loans Aurel Saramet said… read more
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26 Jun 2009 EC slams Bucharest over energy regulations, car pollution tax The Commission has taken firm actions on Thursday against 25 member states, including Romania, who prevent European consumers benefiting from the advantages of a competitive and open Energy Market by not complying with EU legislation, a press release reads… read more