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

  • Romania:E .ON Gaz - Petrom Purchase Agreement

    Natural gas supplier E.ON Gaz Romania signed with Petrom a natural gas purchase contract for November and December, and Distrigaz Sud may sign a similar contract by the end of the week, Minister of Economy and Commerce Codrut Seres stated, according to Nine O'Clock reports.…

  • Romania: Bucharest Airport may be Upgraded on Private Money

    The strategic development programme for the Henri Coanda International Airport can be financed from non-reimbursable funds, legal private capital sources and other legally established sources as well, under a draft law passed in the cabinet meeting yesterday,Nine O'Clock reports.…

  • Romania: Trends in the Evolution of Economic Activity Oct - Dec 2006

    According to the estimations expressed in October 2006 by the managers of the companies, a growth of activity in manufacturing, retail trade and services and a decrease of activity in construction is foreseen for the fourth quarter in comparison with the three previous month, according to Romanian National Institute of Statistics.…

  • Romania: Unemployment Rate 5%

    The unemployment rate in Romania reached 5% of the active population, according to the data from the Ministry of Romanian Labor.…

  • Romania: Energy Trading Market to Diversify

    Until the end of 2010, Romania plans to reach an energy weight coming from regenerating sources in the overall energy primarily sources of 11 percent, to this end introducing mandatory quotas for the acquisition, as well as the green certificates that can be sold and bought on the energy trading market, ACT Media news agency reports.…

  • South East Europe should do more to attract foreign investment, says OECD

    South Eastern European countries should step up their fight against corruption, further encourage competition and intensify regional co-operation on trade in order to attract more and better foreign direct investment, according to a new OECD report.…

  • Romania: Rompetrol to Produce Biofuels from Vegetal Oils

    Rompetrol will build, in the next 2 years, in Romania, an installation for producing biodiesel from vegetal oils, in conformity with European standard EN 14214, ACT Media news agency reports.…

  • Romania: Rompetrol to Build a Thermal Power Plant in 2007

    The Rompetrol Group will build its own thermal power plant in 2007 that will fire naphtha and natural gas, with a power of over 110 MW, on an investment of between 40 and 45 million euros, Rompetrol Chairman Dinu Patriciu told a news conference upon the signature of a contract between Rompetrol Rafinare and US business group Solomon, ACT Media news agency reports.…

  • Romania: Rompetrol Aims Top-25 European Ranking of Oil Companies

    Rompetrol Refinery and US consultant HSB Solomon Associates LLC, world leader in the supply of benchmarking services to the refining, petrochemical, pipe manufacturing and power generation industries, signed a consultancy agreement meant to promote Rompetrol within shortest among the top 25 companies in the European oil sector, ACT Media news agency reports.…

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