Archive » October 2006 » 10 October 2006 The english news from 10 October 2006
Romania: EU Grants €3.5 bil in HR Development over 2007-2013
Romania can access EU funds worth 3.5 billion euros over 2007-2013 for the development of human resources, if viable projects exist in the field, said on Monday the Minister of Labour, Social Solidarity and Family Gheorghe Barbu, ACT Media news agency reports.…
Romania: Posta Romana Estimates FY06 Profit Up by 81%
Romanian state-owned postal company, Posta Romana (CNPR), sees its 2006 profit increasing by 81% y/y to 20 mln euro, said the general director Dan Mihai Toader.…
Romania: A&D Pharma Holdings to List on London Stock Exchange
A&D Pharma Holdings NV expects to raise between 120 million and 155 million euros in an initial public offering, being Romania's first company to list on the London Stock Exchange.…
Romania: Moody's Upgrades 3 Romanian Banks
Moody's upgraded to Baa3/Prime-3 with a stable outlook the foreign currency deposit ratings of three Romanian banks.…
Romania Puts up for Sale Glass Factory
Romania’s privatization authority, (AVAS), will launch a bid to sell the glass factory Stipo Dorohoi with a starting price of $1.17 million to retrieve a receivable of over RON4.6 million taken over by AVAS from Electrica and Distrigaz.…
Romania: Judiciary System Makes Significant Progress, EU Official Says
Head of the European Commission's Delegation to Bucharest Jonathan Scheele stated, in the framework of the seminar on "Judicial power and the democratic rule of law: Spain-Romania experience exchange," that Romania's judiciary system made remarkable progress in the past two years.…
Romania: Industrial Output Rises 6.7% in Aug.
Romania's industrial output rose 6.7% on the year in August, compared with a 1.5% rise in the corresponding month last year, according to data released by the National Institute for Statistics.…
Romania: Average Salary to Rise by 11.8% in '07
The average salary estimated for 2007 will be 948 lei, 11.8% higher than in 2006, vicepremier Bogdan Pascu stated during a meeting with IMF representatives on delegation led by Emmanuel van der Mensbrugghe, a press release of the government informs.…
Romania: Budget Spending Increases on Education, Health Care and Pensions
Education, health care and pensions are the fields where the biggest budget spending increases are expected in 2007, stated the President of the National Liberal Party (PNL, in the ruling coalition) Premier Calin Popescu-Tariceanu, at the end of the Standing Committee's meeting focused on 2007 draft budget.…
Romania: BCR Registers ROE Up 23.9% in Aug. '06
The index cost/income of BCR improved, being 51.9% at the end of August, as compared to 56.2% in August 2005. ROE reached 23.9% in August 2006, as compared to 17.9% a year ago, ACT Media news agency reports.…