PM Emil Boc: Supermarkets may be forced to reserve 30% of space to Romanian productsThe Romanian government was analyzing a proposal from employers' unions to force supermarkets reserve 20 to 30% of their space to Romanian products, PM Emil Boc said on Friday. He made the statements following talks with employers' and trade unions on planned changes to the Labor code and on measures to improve the business environment.
UPC lost over 93,000 clients in Romania in 2010. Rumors of possible sale emergeUPC lost over 93,000 clients in Romania last year, reaching 1.15
million subscribers and a fall on all segments - TV, internet and wired
telephony, according to data published by owner Liberty Global. The
negative evolution is explained by the UPC management as the result of
the worsening economic climate which put pressure especially on
small-income clients. The results come as a Romanian journalist,
Catalin Tolontan, claimed on his blog
on Thursday that another telecom company, RCS&RDS, was negotiating
the acquisition of UPC in Romania, while economic newspaper Ziarul Financiar developed the story quoting market sources who it says confirm the allegations.
Romania National Bank left without electricity for 20 minutes. "An incident", provider saysRomania's National Bank (BNR) was left without electricity for about 20 minutes on Friday because of an "incident", as electricity provider Electrica put it when contacted by HotNews.ro. The BNR department which includes services such as monetary policy operations, treasury operations and the administration of international reserves used alternative resources once the electricity was cut.
Major Romanian bank BCR employees to protest on FridayEmployees of major financial group Romanian Commercial Bank (BCR) will organize street protests on Friday against what they call a lack of social dialogue, the elimination from working contracts of bonuses according to bank performance and the refusal to have their salaries indexed by 50% of the inflation rate, BCR trade union leader Ciprian Ionescu has told HotNews.ro.
Dacia Duster gets three stars only in Euro NCAP safety tests -4TuningDacia Duster has received 3 stars in the Euro NCAP (European road safety authority) tests, according to specialized website 4Tuning. The source notes this makes Duster pale in comparison with other low cost SUVs such as Mitsubishi ASX, Nissan Qashqai or Hyundai ix35, which received five stars.
Romanian Finance minister: A cut in social contributions for employers currently analyzedThe current Labor code has to be changed as more flexibility on the labor market cannot be accomplished without a cut in social contributions, Romanian Finance minister Gheorghe Ialomitianu said during a conference on Wednesday. He said authorities were analyzing the scenario as labor costs in Romania were high and many have claimed the government was not supporting firms.
Economy Ministry: Romania Government to privatize Oltchim next yearThe Romanian Government has initiated procedures for the privatization of Oltcim SA Ramnicu Valcea chemical company, the Economy Ministry announced on Tuesday. It showed that according to a draft letter of intention agreed by the Romanian Government with the IMF, World Bank and the European Commission, the Oltchim privatization is due to be launched in the first half of 2012.
INTERVIEW Romania Economy ministry may remain with 51% stake in most important state company HidroelectricaRomanian energy company Hidroelectrica may be listed as early as next year should the strategy establishing two major energy groups, Electra and Hidroenergetica, fail before the end of 2011. Packages of 10-15% of Hidroelectrica shares will be put on offer gradually so that the Romanian state retain a minimum of 51%, Hidroelectrica, general manager Constantin Trihenea has told HotNews.ro in an interview. He said all direct contracts concluded by the company with influential people known locally as "the smart guys" - intermediaries in energy deliveries - have been prolonged.
Over 10 Romanian companies to attend the IT fair CeBit HanovreOver ten Romanian companies will attend the most important European technology fair, CeBit Hanovre that starts on March 2nd. Among the companies are the producer of the AllView tablet and the producer of Smailo GPS. The National Software Industry in Romania claims that compared to 2009, the IT industry regained its balance together with the interest of foreign investors.
In 2010, the economy decreased its contraction to 1.2% Romania’s GDP in the fourth quarter for 2010 was in real terms, higher than 0.1% than in the third quarter in 2010. Compared to the last quarter in 2009, the GDP registered a 0.6% decrease on gross series and by 0.5% on adjusted series. In 2010, compared to 2009, the GDP (gross) decreased by 1.2%, a press release of the National Statistics Institute reads. The signal is good, some analysis estimating a contraction up to - 1.9% annually. The contraction rate decreased considerably and only the VAT increase blocked the economy from going on positive numbers, Macroanalitica managing partner Laurian Lungu said for HotNews.ro.
Lotus to open showroom in Romania British sports brand Lotus will open a showroom in Romania starting this year, officials declared, quoted by 0-100.ro. According to industry sources, Lotus cars will be brought in Romania by the Cazac famility, that controls the Forza Rossa company, importing Ferrari in Romania.
Foreign direct investments dropped b 25.5% in 2010 to 2.59 billion euro Foreign direct investments amounted in 2010 to 2.59 billion euro, a 25.5% decrease compared to last year, Romania’s National Central Bank data reports. In 2009 the FDI value was 3.48 billion euro. Direct investments of non residents in Romania financed by 50.3% the current account deficit in 2010 which amounted to 15.5 billion euro.
PM Emil Boc invited China to invest in Comarnic – Brasov and Sibiu – Pitesti highwaysPM Boc invited Chinese businessmen to invest in Romania in a series of projects that will be conducted in a public-private partnership, like the Comarnic Brasov highway or the Sibiu – Pitesti highway. The offer was launched during a meeting between the PM and representatives of the Chinese state, to mark the new Chinese year. According to sources who attended the meeting PM Boc invited Chinese businessmen to invest in hydro plants, road belts surrounding cities, airports, hospitals, and irrigation and environment projects. PM Boc underlined that the ministries are open to develop such partnerships.
Un barbat palid, amarat si aprope sfarsit merge la medic.- Aveti o nevroza endogena, zise medicul. Cum va petreceti timpul liber? - Stau acasa mai tot timpul... - De ce nu va gasiti o femeie sa iesiti cu ea in oras, sa va distrati? Nu v-ar placea? - Ba da...
Primeşti pe email, în fiecare dimineaţă, o sinteză a ştirilor din ziua precedentă
Daca doriti sa va personalizati newsletter-ul si sa primiti alerta pe mail pentru aparitia acelor articole care va intereseaza sau doriti sa va dezabonati de la newsletter intrati dupa logare pe MyHotnews.