Archive » October 2008 » 13 October 2008 The english news from 13 October 2008
Traffic on Baneasa Airport to be resumed tomorrow, airport official says
Works on the Aurel Vlaicu Airport in Baneasa are according to plan and will be finished on October 12 so that traffic can be resumed the following day, the airport's GM Stefan Mladin announced…
Bucharest joins the crisis cell with world leaders
The world's leaders gathered recently in New York and Paris, at the conclusion of a week of historic lows on stock markets around the world, in an attempt to administer some "oxygen" to crisis-riddled financial markets. Bucharest was no exception, with its stock exchange dropping €7 billion, and trading suspended twice in a single week…
Romtelecom lays off 1,900
Romtelecom, the largest fixed telephony operator on the market, let 1,900 people go in the first nine months of this year, the harshest round of layoffs the company has implemented in recent years, in a move to streamline its operations…
Romania's Ctrl Bk Hikes Minimum Deposit Guarantee To EUR50,000
The minimum deposit guarantee in Romanian banks will be increased to EUR50,000 from EUR20,000 over the next few days, the central bank said in a statement. The Romanian authorities drew up a draft emergency Ordinance to increase population deposits in banks, Niculae Vulpescu, director with the Guaranteeing Fund of Deposits in the Banking System (FGDSB) said Sunday…