The Romanian National Waters Administration has said in a press release that the toxic sludge from Hungary has reached the Danube River and it will reach Romanian territory in six days at the latest.

Romanian president Traian Basescu has decided to send the unified pension law back to Parliament for debates on grounds that the retirement age for women should be 63 not 65 as set in the act. The President explained that the Romanian social reality proves women have a second job at home.

*Furniture, gadgets and do-it-yourself lost one customers out of five – in Ziarul Financiar
*Foreign investors: One solution to exit the crisis is to organize the European Soccer Championship – in Ziarul Financiar
*CEZ made EUR 1 million in a month from green certificates. It would make 42 times more in a year – in Ziarul Financiar
*BCR could become shareholder in Oltchim – in Ziarul Financiar
*Turkish from Azomures start the biggest investment from the privatization: EUR 115 million in new equipments – in Ziarul Financiar
*A&D Pharma playing hard on the private clinics market: contract for 10,000 employees – in Ziarul Financiar

Calendar of events for the week-end October 8-10 in Bucharest

Nelly Miricioiu is a Romanian opera singer and one of the most remarkable sopranos. She was highly acclaimed in the roles of different bel canto characters.

The toxic spill from the ecological accident in Hungary earlier this week has already started to affect the ecosystem of the main branch of the Danube river, with the first dead fish already found in the river, according to Tibor Dobson, the regional head of the Disaster Prevention service, quoted by AFP. “I can confirm we have seen sporadic fish loss on the main branch of the Danube,” said Dobson.

Multinational companies are interested in relocating their production activity from Romania to the Republic of Moldova to take advantage of the lower workforce and operations costs, according to the Moldavian Economy Minister Valeriu Lazar.

Dutch confectionery ingredients producer Zeelandia has recently opened a factory in Iasi, the first phase of a EUR 10 million larger project. The company has so far invested EUR 3 million in this project. It bought a 22,000 sqm land in Miroslava, near Iasi, in 2006. The factory covers 2,000 sqm and new production warehouses will be added, as well as an administrative building, in the later phases of the project.

A new International Monetary Fund (IMF) mission which will review Romania's economic performances will come to Bucharest on October 20 and stay until the beginning of November, according to Mihai Tanasescu, Romania's representative to the IMF, quoted by Agerpres.

The recent toxic spill in Hungary, which threatens to spread along the Danube river and endanger ecosystems, has triggered worries about Romania's own sledge beds, some of which have yet to be properly taken care of after the end of industrial activities in certain areas of the country. There are 17 such toxic residues deposits in Romania, according to local newspaper Ziarul Financiar, the biggest of these sludge bed being owned by Minvest Deva, with 290 hectares in total in Hunedoara, Harghita, Alba and Cluj.

The Romanian National Waters Administration has said in a press release that the toxic sludge from Hungary has reached the Danube River and it will reach Romanian territory in six days at the latest.

Romanian president Traian Basescu has decided to send the unified pension law back to Parliament for debates on grounds that the retirement age for women should be 63 not 65 as set in the act. The President explained that the Romanian social reality proves women have a second job at home.

*Furniture, gadgets and do-it-yourself lost one customers out of five – in Ziarul Financiar
*Foreign investors: One solution to exit the crisis is to organize the European Soccer Championship – in Ziarul Financiar
*CEZ made EUR 1 million in a month from green certificates. It would make 42 times more in a year – in Ziarul Financiar
*BCR could become shareholder in Oltchim – in Ziarul Financiar
*Turkish from Azomures start the biggest investment from the privatization: EUR 115 million in new equipments – in Ziarul Financiar
*A&D Pharma playing hard on the private clinics market: contract for 10,000 employees – in Ziarul Financiar

Calendar of events for the week-end October 8-10 in Bucharest

Nelly Miricioiu is a Romanian opera singer and one of the most remarkable sopranos. She was highly acclaimed in the roles of different bel canto characters.

The toxic spill from the ecological accident in Hungary earlier this week has already started to affect the ecosystem of the main branch of the Danube river, with the first dead fish already found in the river, according to Tibor Dobson, the regional head of the Disaster Prevention service, quoted by AFP. “I can confirm we have seen sporadic fish loss on the main branch of the Danube,” said Dobson.

Multinational companies are interested in relocating their production activity from Romania to the Republic of Moldova to take advantage of the lower workforce and operations costs, according to the Moldavian Economy Minister Valeriu Lazar.

Dutch confectionery ingredients producer Zeelandia has recently opened a factory in Iasi, the first phase of a EUR 10 million larger project. The company has so far invested EUR 3 million in this project. It bought a 22,000 sqm land in Miroslava, near Iasi, in 2006. The factory covers 2,000 sqm and new production warehouses will be added, as well as an administrative building, in the later phases of the project.

A new International Monetary Fund (IMF) mission which will review Romania's economic performances will come to Bucharest on October 20 and stay until the beginning of November, according to Mihai Tanasescu, Romania's representative to the IMF, quoted by Agerpres.

The recent toxic spill in Hungary, which threatens to spread along the Danube river and endanger ecosystems, has triggered worries about Romania's own sledge beds, some of which have yet to be properly taken care of after the end of industrial activities in certain areas of the country. There are 17 such toxic residues deposits in Romania, according to local newspaper Ziarul Financiar, the biggest of these sludge bed being owned by Minvest Deva, with 290 hectares in total in Hunedoara, Harghita, Alba and Cluj.