27 August 2010

The CET Govora thermal power plant will receive EUR 57 million for retooling through the Sectoral Operational Programme (SOP) for Environment. The money will go to electrostatic rehabilitation, desulphurisation equipments and compliance with environmental standards. All the paperwork for this project will be sent to Brussels by October 1, manager of CET Govora Mihai Balan said.

27 August 2010

US online retailer Amazon has leased 1,400 sqm of offices in the Palas compound in Iasi, developed by local businessman Iulian Dascalu. Amazon Development Center will open its headquarters in September within Palas, according to developer Iulius Group.

27 August 2010

Vladescu tells foreigners Romania is out of recession – in Ziarul Financiar, Zara opens the first store in Pitesti in one century old building – in Ziarul Financiar, Over 12,000 Romanians have more than EUR 100,000 in deposits – in Ziarul Financiar, Valentin Ionescu is the new general manager of the Bucharest Stock Exchange – in Ziarul Financiar, Five-star Rex hotel's owners take EUR 500,000 from BCR for Spa center – in Ziarul Financiar, Hundreds of millions of euros in investment in a new seaside resort – in Gandul

26 August 2010

The European Bank for Reconstruction and Development (EBRD) is analyzing the possibility to lend up to EUR 200 million for the Kaulfand operations in Poland and Bulgaria and for Lidl's activity in Romania and Bulgaria, according to Bulgarian media. The funding should cover the market entry costs for the two retailers on these new markets.

26 August 2010

BNR admits: Banks passed the crisis by throwing the burden to consumers – in Ziarul Financiar, Kazakhs menace the state with Petromidia shutdown, while having the most powerful lawyers aside – in Ziarul Financiar, Raiffeisen, ING and BRD will list Fondul Proprietatea – in Ziarul Financiar, Flanco escapes bankruptcy after eight months of emotions – in Ziarul Financiar, Consumer loans from 2005 have the biggest arrears – in Ziarul Financiar, Chaos for submitting declarations for intellectual property rights and registered individuals – in Gandul

25 August 2010

Local lender BCR has taken a EUR 75 million loan from the European Bank for Investments (EIB), which will be channeled towards financing for small and medium enterprises. Companies with up to 249 employees, including new companies, which work in industry, tourism, services, agriculture and construction can ask for financing from this line.

27 August 2010

The CET Govora thermal power plant will receive EUR 57 million for retooling through the Sectoral Operational Programme (SOP) for Environment. The money will go to electrostatic rehabilitation, desulphurisation equipments and compliance with environmental standards. All the paperwork for this project will be sent to Brussels by October 1, manager of CET Govora Mihai Balan said.

27 August 2010

US online retailer Amazon has leased 1,400 sqm of offices in the Palas compound in Iasi, developed by local businessman Iulian Dascalu. Amazon Development Center will open its headquarters in September within Palas, according to developer Iulius Group.

27 August 2010

Vladescu tells foreigners Romania is out of recession – in Ziarul Financiar, Zara opens the first store in Pitesti in one century old building – in Ziarul Financiar, Over 12,000 Romanians have more than EUR 100,000 in deposits – in Ziarul Financiar, Valentin Ionescu is the new general manager of the Bucharest Stock Exchange – in Ziarul Financiar, Five-star Rex hotel's owners take EUR 500,000 from BCR for Spa center – in Ziarul Financiar, Hundreds of millions of euros in investment in a new seaside resort – in Gandul

26 August 2010

The European Bank for Reconstruction and Development (EBRD) is analyzing the possibility to lend up to EUR 200 million for the Kaulfand operations in Poland and Bulgaria and for Lidl's activity in Romania and Bulgaria, according to Bulgarian media. The funding should cover the market entry costs for the two retailers on these new markets.

26 August 2010

BNR admits: Banks passed the crisis by throwing the burden to consumers – in Ziarul Financiar, Kazakhs menace the state with Petromidia shutdown, while having the most powerful lawyers aside – in Ziarul Financiar, Raiffeisen, ING and BRD will list Fondul Proprietatea – in Ziarul Financiar, Flanco escapes bankruptcy after eight months of emotions – in Ziarul Financiar, Consumer loans from 2005 have the biggest arrears – in Ziarul Financiar, Chaos for submitting declarations for intellectual property rights and registered individuals – in Gandul

25 August 2010

Local lender BCR has taken a EUR 75 million loan from the European Bank for Investments (EIB), which will be channeled towards financing for small and medium enterprises. Companies with up to 249 employees, including new companies, which work in industry, tourism, services, agriculture and construction can ask for financing from this line.

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