Archive » October 2006 » 30 October 2006 The english news from 30 October 2006
Romania: Transelectrica's Investment Program Amounts to €140m
According to CEO Stelian Gal, the national power grid company Transelectrica has an investments program of RON 490m (€140m) for 2007 and intends to keep the same price (updated with the inflation rate) for energy over the next 10 years.…
Romania: Orange, Vodafone and Petrom, the Most Profitable Companies in 2005
In 2005, the most profitable Romanian companies were Petrom, Orange Romania and Vodafone Romania, with a cumulated gross earning of more than RON 3.8 bln. (EUR 1.05 bln.), based on a hierarchy developed by National Council for Private SMEs (CNIPMMR), Nine O'Clock reports.…
Serbia: 25% NIS stake on sale in Q1/07
"The sale may be closed in the Q1 of next year," Rados Ilincic, the head of the Serbian office of Raiffeisen Investment AG, which is advising the government on the transaction, told media. European oil companies are looking to the Balkans, where economies and fuel use are growing faster than they are in the west, reports Serbia and Montenegro Today (SMT).…
Romania: Ericsson Launches the Market Survey on Telecommunications
Ericsson, the main supplier of telecommunications worldwide, has recently launched a new market survey draft in four countries of South – Eastern region, which are Romania, Bulgaria, Greece and Serbia.…
Romania: Red Management invests €38 mln
Real estate developer Red Management Capital will invest in the next two years EUR 380 million in projects in Bucharest, Iasi, Brasov, Arad, Baia Mare, Timisoara and Cluj.…
Greece: Romania Rejects Cosmote's Appeal on 3G License
Romania rejected CosmOTE’s appeal on the decision not to be granted a 3G license.…
Romania: Renault Design Centre on the Site of Former Military Base
A Renault centre designing and developing vehicle models for the emerging markets, a 125 million-euro project, will be built on a 258 ha plot of land of the decommissioned air base in Titu - Boteni, Dambovita county, according to Ziarul Financiar.ro…
Romania: Mondostar Plans Expansion
Sibiu-based textile manufacturer Mondostar plans to expand on the foreign markets with one of its own brands - Boulevard, amid the general downward trend witnessed by the outsourcing market. Mondostar also intends to increase its domestic store network, aiming to reach 17 units by the end of 2007, Ziarul Financiar.ro reports.…
Romania: Vodafone Customers Can Use their Mobiles in All Subway Stations
Vodafone Romania customers can now use their mobile phones in all 42 subway stations, in the capital, according to Smart Financial news Romania.…
Romania: Ex-EU negotiator to Replace Senator as EU Commissioner Nominee
Leonard Orban, a state secretary at the Romanian EU Integration Ministry who had a key role in accession negotiations over the past several years, is the second nominee the Romanian government will push to represent the country in the European Commission, according to HotNews Romania reports.…