Archive » May 2006 » 09 May 2006 The english news from 09 May 2006

  • Bulgaria, Romania: Barroso to Delay Decision on EU Entry

    The EU Commission President Jose Barroso has already decided to delay the decision on the accession date of Romania and Bulgaria by up to five months, Sofia News Agency reports.…

  • Romania Will Receive from EU €4bn for Transport in 2007-2013

    Romania will receive structural funds worth €4bn to be used for the transport sector over 2007-2013, said the expert in transport of the European Commission delegation to Romania Tudor Radu during a seminar on the local infrastructure development, organized by the Chamber of Commerce and Industry in Bucharest, ACT Media news agency reports.…

  • Bulgaria, Romania 2007 EU Entry Not at Risk, EC Official Says

    Bulgaria and Romania will undoubtedly become EU members on January 1, 2007, because they play an important protective role in respect of new Europe, Romania's European Integration Minister Anca Boagiu said, Bulgarian News Agency reports.…

  • Romania: Foreign Investments Up 40% in Jan-April '06

    The direct investment with a significant impact on the national economy – the value of which exceeds $1 mln – reached nearly $397 M in the first four months of the year, more by 40 per cent compared to the similar period last year, according to the Romanian Agency for Foreign Investment (ARIS). Investments in April 2006 totaled $103 M, standing for a growth by 85% compared to the same period of 2005, Nine o'Clock reports.…

  • Romania: Pharmaceuticals Mkt Projected to Reach €2.5bln in 2010

    The Romanian pharmaceuticals market might reach in the coming five years 2.5 billion euros, since the major players are engaged in an increasingly tougher competition, writes daily Ziarul Financiar, ACT Media news agency reports.…

  • Romania: Constanta Shipyard Posts '05 Revenues Over €50mil

    The Constanta Shipyard has been building ships exclusively for foreign ship owners since 1990. In 2005, it had revenues of over €50mn from that activity, according to the CEO of the company, said Radu Rusen, interviewed by ‘Bursa’ newspaper, Nine o'Clock reports.…

  • Romania: Higher Credits Granted for Investments in Agriculture

    The highest level of credits granted in 2006 to stimulate investments in agriculture through Sapard program was increased through an order of the minister of agriculture, which went into effect on April 11, 2006, once it was published in the Official Monitor, ACT Media news agency reports.…

  • Romania: Avg. Houselhold Income Up 11.9% y/y in Q4:05

    The total monthly average of incomes of a Romanian household amounted to 1,307 RON (373.4 euros) in the last quarter of 2005 and 445 RON (127 euro) per individual, up 11.9 percent from the first quarter of 2005, up 9.8 percent from the second quarter and up 10.3 percent from the third quarter, according to the data published by the Romanian National Institute of Statistics, ACT Media news agency reports.…

  • Romanian State to List its Stake in Romtelecom on Stock Exchange

    The first share package held by the Romanian state in Romtelecom is due to be listed on the Stock Exchange in September-October 2006, while the value of the package will be decided by the consultant selected to this end, Credit Suisse First Boston, said the Minister of Communications and Information Technology Zsolt Nagy, ACT Media news agency reports.…

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