Main headlines from Romanian and international media for Friday, July 30, 2010

Carmaker Automobile Dacia has delivered a car fleet made of 46 Duster cars to telecom operator Orange Romania. The car fleet will be used by Orange's technical department for its telecom network repairing and for rapid interventions.

Online retailer eMag.ro has sold over 240 products which were mistakenly discounted by more than ten times, due to a website technical error, the company's manager Radu Apostolescu wrote on the firm's website. The mistake has a cost of around RON 132,000 (the equivalent of around EUR 31,000) for eMag.ro, which has decided to validate the sales even so.

Telecom operator Vodafone has signed agreements with advertising sales companies to sell targeted advertising on the mobile versions of websites, introducing a new feature, based on each user's profile characteristics, Vodafone has announced. The mobile advertising service, which is called AdPlus, uses several profile criteria, such as the potential revenues, age, sex, location or the type of mobile phone used to view a certain website.

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

Romanian state-owned companies Avioane Craiova, IOR, Mangalia Shipyard, Cuprumin and Moldomin will be privatized, according to the Economy Minister Adriean Videanu. This is not the first attempt to privatize these companies, which were already on the list of state participations which will be sold on the stock market.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Private health care operator Centrul Medical Unirea (CMU) posted EUR 10 million in revenues in the first half of the year, a 36 percent improvement on the same period of last year. CMU's Regina Maria maternity grew its turnover more than two fold during this period.

Pharmaceutical group A&D Pharma posted a sales figure of EUR 303 million in the first half of this year, up 30 percent on the same period last year, the company has announced. Its net profit went up even more – by 90 percent, to EUR 17.45 million.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Main headlines from Romanian and international media for Friday, July 30, 2010

Carmaker Automobile Dacia has delivered a car fleet made of 46 Duster cars to telecom operator Orange Romania. The car fleet will be used by Orange's technical department for its telecom network repairing and for rapid interventions.

Online retailer eMag.ro has sold over 240 products which were mistakenly discounted by more than ten times, due to a website technical error, the company's manager Radu Apostolescu wrote on the firm's website. The mistake has a cost of around RON 132,000 (the equivalent of around EUR 31,000) for eMag.ro, which has decided to validate the sales even so.

Telecom operator Vodafone has signed agreements with advertising sales companies to sell targeted advertising on the mobile versions of websites, introducing a new feature, based on each user's profile characteristics, Vodafone has announced. The mobile advertising service, which is called AdPlus, uses several profile criteria, such as the potential revenues, age, sex, location or the type of mobile phone used to view a certain website.

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

Romanian state-owned companies Avioane Craiova, IOR, Mangalia Shipyard, Cuprumin and Moldomin will be privatized, according to the Economy Minister Adriean Videanu. This is not the first attempt to privatize these companies, which were already on the list of state participations which will be sold on the stock market.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Private health care operator Centrul Medical Unirea (CMU) posted EUR 10 million in revenues in the first half of the year, a 36 percent improvement on the same period of last year. CMU's Regina Maria maternity grew its turnover more than two fold during this period.

Pharmaceutical group A&D Pharma posted a sales figure of EUR 303 million in the first half of this year, up 30 percent on the same period last year, the company has announced. Its net profit went up even more – by 90 percent, to EUR 17.45 million.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.