Archive » October 2006 » 13 October 2006 The english news from 13 October 2006

  • Romania: Senators and Deputies Voted Their Budgets for 2007

    RON 363.322 M will be spent by people’s representatives in the first year after Romania’s accession to EU, Nine O'Clock reports.…

  • Romania: Competition Council to Recover RON 80,000 in Ilegal State Aid

    The Competition Council will recover illegal State-funded aid of over RON 80,000 from four companies operating in under-privileged areas, which exceeded the maximum ceiling permitted under the law, Nine O'Clock reports.…

  • Romania: Roundtable on Romanian-German Research Cooperation

    The Embassy of the Federal Republic of Germany in Bucharest and the German Research Society (DFG) organise today, October 13, a roundtable on the German-Romanian cooperation in Romania, Nine O'Clock reports.…

  • Romania: Anchor Grup Launched InCity Residences

    Anchor Grup, the company that holds shopping centres Bucuresti Mall and Plaza Romania, has announced its extension in real estate field through the construction of residential complexes, Nine O'Clock reports.…

  • Romania: 8.8 % of GDP for Social Policies

    Minister of Labour, Social Solidarity and Family Gheorghe Barbu presented yesterday, one day before submission of the 2007 Budget bill for Government endorsement, the social security budget and the State budget share allotted to the institution and agreed on with the Ministry for Public Finances, Nine O'Clock reports.…

  • Romania: Petrom will Extract Oil from Bulgaria

    OMV will concede Petrom, until the middle of the next year at most, the rights of exploration and production in a perimeter in Bulgaria, declared on Thursday in Vienna the OMV director of exploration and production division, Helmut Langanger, Nine O'Clock reports.…

  • Romania: OMV Invests €1bln in Petrobrazi

    OMV, the Austrian oil group that controls the biggest Romanian company - Petrom, has announced it will invest one billion euros in the Ploiesti-based refinery Petrobrazi, according to Ziarul Financiar.ro reports.…

  • Romania: More Mutual Funds for Trading on Sibiu Stock Exchange

    More and more mutual funds have been turning to the Sibiu Monetary-Financial and Commodities Exchange over recent months, due to good profit margins and the growth of liquidity, according to Ziarul Financiar.ro…

  • Romania: ECE Close to Partnership for Sema Parc Mall

    Local firm River Invest, developer of the mixed project Sema Parc, is close to entering a partnership with German developer ECE Projektmanagement to build the project’s mall, Liviu Birau, general director of River Invest, said last week, BusinesRomania .com reports.…

  • Romania: Average Net Monthly Salary of Manager is €2800

    The average net monthly salary of the manager of a multinational company in Romania stands at 2,800 euros, while a Romanian who is at his or her first job is paid a salary five times lower, says a Paywell 2006 study carried out by PricewaterhouseCoopers.…

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