06 October 2010

Registrations of Romanian Dacia cars in Spain tripled in the first nine months of the year, to 15,559 units, from 5,193 cars in the same interval last year, said Spanish carmaker association ANFAC.

06 October 2010

The proposal to cut the income tax from 16 to 10 percent has passed the budget commission in the Senate. The proposal to diminish the flat tax was submitted to the Senate in June this year by a group of senators from the Democratic Liberal Party (PDL), among which current Economy Minister Ion Ariton.

06 October 2010

*Bankruptcies take a break. Number of insolvencies drop – in Ziarul Financiar
*The car market goes back to plus in September, close to the end of the Clunkers program – in Ziarul Financiar
*Patriciu – Rompetrol's debt has never existed – in Ziarul Financiar
*Texas-based Lufkin make their biggest investments in Ploiesti: “We're going against the tide” – in Ziarul Financiar

05 October 2010

Oil and gas company Petrom has externalized its data center to IBM, in a contract worth several million dollars and valid for ten years, the two companies have announced. IBM will provide data center services and run Petrom's data center in Petrom City. “[...] The shared use of the space and the facilities will have a positive impact on our costs,” said Reinhard Pichler, Petrom CFO.

05 October 2010

Romania doubled the volume of exports to China in the first half of this year, sending EUR 154 million worth of goods to the country, according to data from the European Statistics Institute (Eurostat). Meanwhile, the country's imports from China grew too, from EUR 826 million in the first half of last year, to EUR 1.17 billion in the same period of this year.

05 October 2010

State-owned metro company Metrorex will choose the consultant for the airport metro line next year in spring. The consultant will decide whether the metro line connecting downtown Bucharest to the Otopeni airport will start from 1 Mai or Piata Victoriei existing metro stations.

05 October 2010

The European Commission has sent Romanian authorities a letter asking for further details on how a European directive was transposed into local legislation through Government Emergency Ordinance 50/2010 on consumer lending contracts. The document was sent to the local Department for European Affairs, and, according to government sources, it is the first step in a potential infringement procedure.

06 October 2010

Registrations of Romanian Dacia cars in Spain tripled in the first nine months of the year, to 15,559 units, from 5,193 cars in the same interval last year, said Spanish carmaker association ANFAC.

06 October 2010

The proposal to cut the income tax from 16 to 10 percent has passed the budget commission in the Senate. The proposal to diminish the flat tax was submitted to the Senate in June this year by a group of senators from the Democratic Liberal Party (PDL), among which current Economy Minister Ion Ariton.

06 October 2010

*Bankruptcies take a break. Number of insolvencies drop – in Ziarul Financiar
*The car market goes back to plus in September, close to the end of the Clunkers program – in Ziarul Financiar
*Patriciu – Rompetrol's debt has never existed – in Ziarul Financiar
*Texas-based Lufkin make their biggest investments in Ploiesti: “We're going against the tide” – in Ziarul Financiar

05 October 2010

Oil and gas company Petrom has externalized its data center to IBM, in a contract worth several million dollars and valid for ten years, the two companies have announced. IBM will provide data center services and run Petrom's data center in Petrom City. “[...] The shared use of the space and the facilities will have a positive impact on our costs,” said Reinhard Pichler, Petrom CFO.

05 October 2010

Romania doubled the volume of exports to China in the first half of this year, sending EUR 154 million worth of goods to the country, according to data from the European Statistics Institute (Eurostat). Meanwhile, the country's imports from China grew too, from EUR 826 million in the first half of last year, to EUR 1.17 billion in the same period of this year.

05 October 2010

State-owned metro company Metrorex will choose the consultant for the airport metro line next year in spring. The consultant will decide whether the metro line connecting downtown Bucharest to the Otopeni airport will start from 1 Mai or Piata Victoriei existing metro stations.

05 October 2010

The European Commission has sent Romanian authorities a letter asking for further details on how a European directive was transposed into local legislation through Government Emergency Ordinance 50/2010 on consumer lending contracts. The document was sent to the local Department for European Affairs, and, according to government sources, it is the first step in a potential infringement procedure.

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