Archive » November 2006 » 28 November 2006 The english news from 28 November 2006
Romania: Major shareholder in OMV - Petrom, still unknown, President says
President Traian Basescu claimed that Romanian authorities may not know the major shareholder in OMV, owner of Petrom, Nine o' clock reports.…
Romania: Flamingo International Estimates €160 Mln Turnover For 2006
Flamingo International has released a 160 million EUR turnover estimate for 2006 and projections of 180 million EUR for 2007 and of 220 million EUR for 2008, Bursa reports.…
Romania: Fabryo Invests €2.2 Mln In Environment Care
Fabryo, formerly known as Guzu Chim, is investing 2.2 million EUR in environmental projects, Bursa reports.…
Romania: Rompetrol Petrochemicals Estimates 40 % Increase in Turnover
Rompetrol Petrochemicals, the petrochemical division of Rompetrol, estimates a 40 percent increase in 2007, after the opening of a new $31 million production unit, according to Credit Info Romania reports.…
Romanian Foreign Affairs Minister Starts a Visit to Slovakia
Romanian Foreign Affairs Minister Mihai-Razvan Ungureanu will pay an official visit to Slovakia over Nov. 29-30 at the invitation of his counterpart Jan Kubis, ACT Media news agency reports.…
Romania: Luxury Apartments Become top-pick Locations
The main characteristics of luxury apartments are top locations such as Kiseleff, Aviatorilor, Primaverii, Dorobanti areas which have in their vicinity parks, lakes, transport means, commercial galleries and centers and recreation areas, ACT Media news agency reports.…
Romania: Co-Brands Make Arctic Sales Grow Considerably
Arctic brand's expansion from fridges to washing machines, cookers and TV sets increased the Turkish comapny Arceliks's market share by 14 percent within three years, ACT Media news agency reports.…
Romania: Single-digit Inflation Allows for 10% Wages Raise
Pegging the wages of budget-paid employees twice a year should be eliminated, now that Romania succeeded in attaining a one-digit inflation rate, governor of the National Bank of Romania (BNR) Mugur Isarescu told the Romanian Banking Forum, ACT Media news agency reports.…
Romania: Finansbank Borrows Money from IFC for SMEs
International Finance Corporation, the private division of the World Bank will grant Finansbank Romania SA ( the bank) financing of 50 million USD for the development of SMEs, ACT Media news agency reports.…
Romania: Foreign Banks to Enter Local Market in 2007
Foreign banks such as KBC, Fortis, Millenium, Bank of Cyprus and Banca Nazionale del Lavoro intend to enter the Romanian market through acquisitions or greenfield projects, ACT Media news agency reports.…
Romania: Gov't is indifferent on energy issue, says Basescu
President Traian Basescu emphasised the Government’s lack of “concern” with drawing up a national energy policy, Nine o'clock reports.…