24 October 2010

The Romanian Government approved a draft act which introduces a highway toll system alongside the existing road toll system, according to Mediafax newswire. The reason behind this decision is that the sums allotted from the state budget and from the country's public roads authority CNADNR are not enough to upkeep highways to be constructed with funds from the European Union.

22 October 2010

*IMF asking for Oltchim and Cuprumin privatization in the new agreement, which also includes EU funding – in Ziarul Financiar
*Provident makes half a million euro in nine months – in Ziarul Financiar
*Goodyear Dunlop will open five Premio franchises by the end of the year – in Ziarul Financiar
*Patriciu's stores on wheels start selling in Bucharest – in Ziarul Financiar
*EC grants EUR 124 million for Arad- Timisoara highway – in Gandul

21 October 2010

A Chinese – Romanian public- private partnership will fuel the development of a EUR 500 million production units for cellulose and paper at the Somes Dej factory in Cluj – Napoca county. Chinese company Avic International Holding will partner SCR Romania, the majority shareholder in Somes SA Dej. The Romanian company will have to invest EUR 150 million into the project.

24 October 2010

The Romanian Government approved a draft act which introduces a highway toll system alongside the existing road toll system, according to Mediafax newswire. The reason behind this decision is that the sums allotted from the state budget and from the country's public roads authority CNADNR are not enough to upkeep highways to be constructed with funds from the European Union.

22 October 2010

*IMF asking for Oltchim and Cuprumin privatization in the new agreement, which also includes EU funding – in Ziarul Financiar
*Provident makes half a million euro in nine months – in Ziarul Financiar
*Goodyear Dunlop will open five Premio franchises by the end of the year – in Ziarul Financiar
*Patriciu's stores on wheels start selling in Bucharest – in Ziarul Financiar
*EC grants EUR 124 million for Arad- Timisoara highway – in Gandul

21 October 2010

A Chinese – Romanian public- private partnership will fuel the development of a EUR 500 million production units for cellulose and paper at the Somes Dej factory in Cluj – Napoca county. Chinese company Avic International Holding will partner SCR Romania, the majority shareholder in Somes SA Dej. The Romanian company will have to invest EUR 150 million into the project.

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