14 December 2010

*New highway segment out for bid between Lugoj and Deva: EUR 260 million for 27 km of roads – in Ziarul Financiar
*Vienna trams will have body carriages made in Romania – in Ziarul Financiar
*Lindab expects EUR 25 million in sales for next year, similarly to 2009 – in Ziarul Financiar
*Hornbach expects EUR 93 million from the new Prisma store in 2011 – in Ziarul Financiar

13 December 2010

Andy Fletcher, one of the founding members of Depeche Mode, will throw a show in Bucharest on January 29 at The Ark Underground, 150 Uranus St – formerly 196A Calea Rahovei, from 21,00 hours. Tickets for the event cost RON 50. The event is organized by The Ark and supported by Emagic.

13 December 2010

Romanian Senate Chairman Mircea Geoana (in picture) has been suspended for six months from the Social Democratic Party, through a decision by the party's Standing National Bureau, party leader Victor Ponta said Monday. Ponta made it clear that Geoana would still have the Social Democratic Party's endorsement as head of the Parliament's upper house.

13 December 2010

Romania started 2010 under the shadow of the International Monetary Fund (IMF), which, together with the European Commission and the World Bank, gave the country a EUR 20 billion loan in 2009 to weather its economic storm. Initially set out as a safety net loan, the money proved to be life saving. But, as with any loans, this came with a set of strict conditions and paved the way for another loan, expected for 2011.

13 December 2010

Over 30,000 Romanian employees in the mining and energy sectors threatened to go on full-blown strike starting January 10 if power company Electra is not set up and negotiations to create new jobs and prevent collective layoffs in the two sectors are not initiated.

14 December 2010

*New highway segment out for bid between Lugoj and Deva: EUR 260 million for 27 km of roads – in Ziarul Financiar
*Vienna trams will have body carriages made in Romania – in Ziarul Financiar
*Lindab expects EUR 25 million in sales for next year, similarly to 2009 – in Ziarul Financiar
*Hornbach expects EUR 93 million from the new Prisma store in 2011 – in Ziarul Financiar

13 December 2010

Andy Fletcher, one of the founding members of Depeche Mode, will throw a show in Bucharest on January 29 at The Ark Underground, 150 Uranus St – formerly 196A Calea Rahovei, from 21,00 hours. Tickets for the event cost RON 50. The event is organized by The Ark and supported by Emagic.

13 December 2010

Romanian Senate Chairman Mircea Geoana (in picture) has been suspended for six months from the Social Democratic Party, through a decision by the party's Standing National Bureau, party leader Victor Ponta said Monday. Ponta made it clear that Geoana would still have the Social Democratic Party's endorsement as head of the Parliament's upper house.

13 December 2010

Romania started 2010 under the shadow of the International Monetary Fund (IMF), which, together with the European Commission and the World Bank, gave the country a EUR 20 billion loan in 2009 to weather its economic storm. Initially set out as a safety net loan, the money proved to be life saving. But, as with any loans, this came with a set of strict conditions and paved the way for another loan, expected for 2011.

13 December 2010

Over 30,000 Romanian employees in the mining and energy sectors threatened to go on full-blown strike starting January 10 if power company Electra is not set up and negotiations to create new jobs and prevent collective layoffs in the two sectors are not initiated.

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