Archive » November 2009 » 18 November 2009 The english news from 18 November 2009

  • Extraction industry, pharmaceuticals, energy, and financial services post highest salary increases in past year

    The salaries of employees in certain fields of activity continued to rise, in spite of the economic downturn, increasing up to 35 percent, according to the National Institute of Statistics (INS). The extraction industry, pharmaceuticals, energy, and financial sectors registered salary increases above the inflation level…

  • Two Foreign Bks Take Out EUR2B From Romania On Scarce FX Facilities - Sources

    Two international lenders have temporarily withdrawn EUR2 billion in capital from the Romanian market recently, because they were unable to invest in short-term foreign currency facilities, people from the central bank told MEDIAFAX. "The parent banks didn't lower their exposure to Romania, but they lack instruments to invest in on short-term," said the sources, who declined to name the banks that withdrew capital from the local market…

  • A competition version of Dacia Duster to contest 2009/2010 Trophee Andros in Alain Prost's hands

    Dacia, a brand of the Renault group, is to contest France's celebrated Trophee Andros ice-racing series and the former Formula 1 pilot Alain Prost will drive a competition version of Dacia Duster in the series set to take place this winter, in France…

  • Bucharest paralyzed by subway strike

    Nightmarish traffic in a city in which traffic is arduous on a regular day as it is. Bucharest has been choked on a day in which 650,000 subway passengers were forced to choose other means of transportation. The term bumper to bumper was more appropriate than ever. Meanwhile, the politicians are blaming each other and interim Transport Minister Radu Berceanu is considering settling the protest in court…

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