Archive » October 2009 » 08 October 2009 The english news from 08 October 2009
Coca-Cola HBC Opens Cogeneration Pwr Plant In S Romania
Coca-Cola Hellenic Bottling Company (HBC) announced Wednesday the inauguration of a combined heat and electricity plant in southern Romanian city of Ploiesti, the first out of 15 such cogeneration units that are to be built in the company's bottling facilities.…
Gov't aggregate deficit put at 5pc of GDP in first nine months 2009
The Romanian Government aggregate deficit for the first nine months of 2009 is estimated at 5 percent of the Gross Domestic Product (GDP), which is lower than the 5.4-percent-of-the-GDP target agreed upon with the International Monetary Fund, Finance Minister Gheorghe Pogea said on Tuesday.…
Octavian Radu considering listing on the Stock Exchange
Businessman Octavian Radu, owner of RTC Holding, a major retail, distribution, and services group on the local market, is considering listing his company on the Stock Exchange and is thinking twice about his decision to sell some divisions of the business in order to obtain liquidities.…
Study: Bucharest, the cheapest city in Europe for companies
Bucharest ranks first among 34 European cities for the lowest costs companies have with employees, on the rise by one position against 2008, according to a rating of European cities made by Cushman & Wakefield real estate consulting company.…
Job increase after one and a half years
The increase of the number of jobs will not take place sooner than one and half years, according to the chairman of the National Council, of Small and Medium Private Companies in Romania, Ovidiu Nicolescu. "After periods of crisis, the increase of the number of jobs takes place six months after the consecutive GDP growth by 1%.…
Statistics: New orders in industry down by almost 21 percent
The new orders in industry went down by 20.8 percent in all, compared with the similar period of 2008, because of the falls in the industry of intermediary goods (minus 40.9 percent), the industry of durables (minus 21.5 percent), and the industry of consumer goods (minus 10.6 percent), according to data from the National Statistics Institute, INS.…
Nicolescu: TVA increase will slow down national economy recovery
A possible TVA increase will extend the recovery process of the national economy following the present crisis, Ovidiu Nicolescu, the chairman of the National Council of Small and Medium Private Companies in Romania. "A VAT increase would only slow down economic growth and would extend recovery processes," Nicolescu said.…