Romanian prime minister Marcel Ciolacu announced during the first government meeting this year that over 200 kilometers...
*Duster orders double. Romanians queue up to get the car – in Ziarul Financiar
*President accuses Police of undermining state authority – in Ziarul Financiar
*IMF approves another EUR 900 million but state pledge on debt remains uncovered – in Ziarul Financiar
*90% of the telecom market stays in the hands of five companies – in Ziarul Financiar
*Tarom tries to shake off the old brand label with EUR 500,000 – in Ziarul Financiar
The International Monetary Fund Friday approved the disbursement of around EUR 900 million to Romania, following a new review of the country's performance under a EUR13 billion standby agreement.
Romania stands high chances in Friday's International Monetary Fund (IMF) analysis of the fifth evaluation mission report on country meeting its obligations assumed in the Stand-By Agreement with the Fund, so the Supplementary Letter of Intent will be positive, Romania's representative to the Fund Mihai Tanasescu told Agerpres.
*Central Bank blows up economic revival prognosis, doubts growth next year – in Ziarul Financiar
*Foreigners have bought 1.5 percent of local forests– in Ziarul Financiar
*OMV Petrom invests EUR 25 million to find new deposits – in Ziarul Financiar
*Leroy Merlin and Carrefour open the first units in Chitila Colloseum – in Ziarul Financiar
*EC has paid the third loan tranche, EUR 1.2 billion. FinMin goes to US for new loan – in Gandul
International hotel chain Hilton Worlwide has signed a contract with a local company to open the first Doubletree by Hilton hotel in Bucharest next year. VIS 7 Import Export SRL company will renovate the Bucharest City Unirii Square hotel in Bucharest and turn it into Doublee, which should open in the second half of next year. The Bucharest City hotel, opened in 2006, has 88 rooms.
Romania’s largest mobile operator, Orange, will launch Apple’s iPhone 4 in Romania on Friday, September 24. The telephone which will be available both online and in selected stores, the operator said Thursday. The iPhone 4 is enabled with video calling with FaceTime and comes with a high-resolution display, HD video recording, a 5-megapixel camera, Apple A4 processor and more, Orange Romania said in a press release.
With wines accounting for around 10 percent of real,- Hypermarket Romania's food and beverage sales a year, the retailer has decided to expand the selection of wines it sells in its stores. It has recently introduced new wines from Georgia, Turkey and China into its offer, reaching a selection of 600 wines from across the world. Out of these, 320 are Romanian wines. real,- Hypermarket has recently launched a printed catalog with the wines in its offer.
Romania has received the third loan tranche from the European Commission, some EUR 1.2 billion on Wednesday. So far, Romania cashed in EUR 3.5 billion from the EUR 5 billion EC loan.
Romania will emerge from recession behind most other countries, as the crisis hit with a six-month delay, Prime Minister Emil Boc has said. The recession didn't affect Romania until the end of 2008, while most of the world economies were impacted earlier that year, Boc told a meeting with the Romanian community in New York.
*Duster orders double. Romanians queue up to get the car – in Ziarul Financiar
*President accuses Police of undermining state authority – in Ziarul Financiar
*IMF approves another EUR 900 million but state pledge on debt remains uncovered – in Ziarul Financiar
*90% of the telecom market stays in the hands of five companies – in Ziarul Financiar
*Tarom tries to shake off the old brand label with EUR 500,000 – in Ziarul Financiar
The International Monetary Fund Friday approved the disbursement of around EUR 900 million to Romania, following a new review of the country's performance under a EUR13 billion standby agreement.
Romania stands high chances in Friday's International Monetary Fund (IMF) analysis of the fifth evaluation mission report on country meeting its obligations assumed in the Stand-By Agreement with the Fund, so the Supplementary Letter of Intent will be positive, Romania's representative to the Fund Mihai Tanasescu told Agerpres.
*Central Bank blows up economic revival prognosis, doubts growth next year – in Ziarul Financiar
*Foreigners have bought 1.5 percent of local forests– in Ziarul Financiar
*OMV Petrom invests EUR 25 million to find new deposits – in Ziarul Financiar
*Leroy Merlin and Carrefour open the first units in Chitila Colloseum – in Ziarul Financiar
*EC has paid the third loan tranche, EUR 1.2 billion. FinMin goes to US for new loan – in Gandul
International hotel chain Hilton Worlwide has signed a contract with a local company to open the first Doubletree by Hilton hotel in Bucharest next year. VIS 7 Import Export SRL company will renovate the Bucharest City Unirii Square hotel in Bucharest and turn it into Doublee, which should open in the second half of next year. The Bucharest City hotel, opened in 2006, has 88 rooms.
Romania’s largest mobile operator, Orange, will launch Apple’s iPhone 4 in Romania on Friday, September 24. The telephone which will be available both online and in selected stores, the operator said Thursday. The iPhone 4 is enabled with video calling with FaceTime and comes with a high-resolution display, HD video recording, a 5-megapixel camera, Apple A4 processor and more, Orange Romania said in a press release.
With wines accounting for around 10 percent of real,- Hypermarket Romania's food and beverage sales a year, the retailer has decided to expand the selection of wines it sells in its stores. It has recently introduced new wines from Georgia, Turkey and China into its offer, reaching a selection of 600 wines from across the world. Out of these, 320 are Romanian wines. real,- Hypermarket has recently launched a printed catalog with the wines in its offer.
Romania has received the third loan tranche from the European Commission, some EUR 1.2 billion on Wednesday. So far, Romania cashed in EUR 3.5 billion from the EUR 5 billion EC loan.
Romania will emerge from recession behind most other countries, as the crisis hit with a six-month delay, Prime Minister Emil Boc has said. The recession didn't affect Romania until the end of 2008, while most of the world economies were impacted earlier that year, Boc told a meeting with the Romanian community in New York.