Archive » September 2006 » 28 September 2006 The english news from 28 September 2006

  • Romania, Bulgaria: More Reforms Are Required, Says Barroso

    The accession of Romania and Bulgaria to the European Union, a historical moment both for the two countries and for EU, after seven years of negotiations, reforms, changes, legislative modifications and the adoption of the acquis communautaire, required and will still need reforms for the completion of a cycle of the modern history of the old continent, said Juan Barroso, Nine o' Clock reports.…

  • Romania: Enel to Expand to Power Production Mkt

    Italian Enel that recently won the tender for the acquisition of Electrica Muntenia Sud, quoted as the most valuable electricity distribution network in Romania, has as the immediate strategy the takeover of production capacities so as to create an integrated portfolio on the electric power market, ACT Media news agency reports.…

  • Romania: 24 Co's Interested in Purchase of 20 Micro-Hydroelectric Power Plants

    Some 24 companies among which E.ON Moldova, Romenergo and Luxten Lighting are interested in buying the 20 micro-hydroelectric power plants put up for privatization by Hidroelectrica,daily Ziarul Financia rquotes head of the privatisation department with Hidroelectrica Mihai Teleanu, ACT Media news agency reports.…

  • Romania: Distrigaz Sud Posts H1 Net Profits Up Fivefold

    Romanian natural gas distributor Distrigaz Sud posted 35.9 million euros in net profit in the six months of the current year, up from 6.8 million euros in the first half of 2005, the Ziarul financiar quotes company officials as saying, ACT Media news agency reports.…

  • Romania: New Regulations for Public Procurement Contracts Are in Effect

    Participation of business operators in new public procurement contracts will be conditional on their meeting obligations undertaken in previous public procurement contracts, stipulates a Resolution passed by the Government, Nine o' Clock reports.…

  • Romania: Exports to Francophone Countries Amount to 32%

    Romanias exports to the Francophone countries, including the observers, totalled EUR 4,743.4 M, namely 31.9% of total exports, in the first seven months of year 2006, 21.9 per cent more than the same period last year, stated the Ministry of Economy and Commerce, Nine o' Clock reports.…

  • Romania: Inspection of Community Funds Management Will Strengthen

    The lawfulness and conformity in the spending and management of Community and co-financing funds will be checked through two inspection forms, in-house inspection and operative inspection missions, under a normative act passed by the Government, Nine o' Clock reports.…

  • Romania: BOS Automotive To Expand Production In Arad

    BOS Automotive Products, one of the world's leading manufacturers of sunshields and cloth for the inside of motor vehicles will expand their production capabilities in the Curtici - Arad Freezone shortly after closing a factory in Britain, Bursa reports.…

  • Romania: Metav - Bucharest Borrows 600,000 For Investments

    Metav - Bucharest intends to take a 600,000 EUR loan from BRD - Groupe Societe Generale to finance operational investments, Bursa reports.…

  • Romania: Romnav - Braila - 8.2 Mln RON In H1 Turnover

    Inland waterway shipping company Romnav concluded H1 with a turnover of 8,243,070 RON, up by 5.23 percent year-on-year, Bursa reports.…

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