Archive » October 2006 » 03 October 2006 The english news from 03 October 2006
Romania: EU Accession Will Determine Economy's Growth Rate
Romania’s accession into the structures of the European Union will determine the acceleration of the economic development and the growth of the living standard, estimate the managers of the big companies operational on the Romanian market, Nine o' Clock reports.…
Romania Cooperates w/Canada for IT Projects
During the Francophone summit, the minister of communications and IT, Zsolt Nagy and Percy Mockler, the minister in charge of Francophony of New Brunswick province signed a letter of intention establishing the setting up of a work group made of an equal number of experts from Romania and New Brunswick in the field of technology application and use, ACT Media news agency reports.…
Romania: Real Estate Investments Worth €260 mil to Take Place in Timisoara, Brasov
The Spanish real estate promoter Riofisa will develop, in partnership with the firm Tiriac Investments Limited, two real estate projects in Timisoara and Brasov, amounting to 260 million euros, announced the Spanish company, ACT Media news agency reports.…
Romania: Final Bid Offers for CEC Due Oct. 5
The improved financial offers for the privatization of the Romanian Savings House - CEC will be submitted on October 5, according to Hungarian online newspaper Portfolio.hu, quoting Bloomberg, ACT Media news agency reports.…
Romania: Holcim Expects a Sales Rise after EU Accession
Holcim Romania cement maker is estimating that the large number of infrastructure projects to be started after Romania's EU accession will bring an increase of 10-15 percent a year in its sales, Ziarul financiar writes, ACT Media news agency reports.…
Romania: Generali Group Enters Agriculture Ins. Market
Fata Assicurazioni, a company specialised in agriculture insurance, part of the Italian Generali Group, has recently entered the Romanian relevant market by establishing Fata Asigurari Agricole, Fata Assicurazioni President Giuseppe Perissinotto stated…
Romania: ING Launches €1bn Real Estate Investment Fund
ING Real Estate Investment Management (ING-REIM), the real estate investment division of ING Group, launched an investment fund with a capitalization goal of minimum EUR 1 billion, which targets real estate projects in Poland, the Czech Republic, Hungary, Slovakia, Romania and Austria, Nine o' Clock reports.…
Romania- China Trade is the Largest in CEE
Chinese-Romanian trade exchanges have reached $3.49 bn from January to July 2006, according to the statistics on the Chinese part, ACT Media news agency reports.…
Romania: Fin Min to Sign Concessions Contract for Petrotrans Ploiesti Pipelines
Minister of Economy and Commerce Codrut Seres announced that the Ministry of Economy and Commerce (MEC) intends to sign a concession contract on the crude pipelines, Nine o' Clock reports.…
Romania: Electrica Branches Will be Privatized Separately
Minister of Economy and Commerce Codrut Seres announced the privatisation procedure to be adopted for the last three electricity utilities in which the State is a major shareholder, Nine o' Clock reports.…