Dacian Ciolos: Level of subsidies per hectare to be raised 20% starting 2010

� The level of subsidies per hectare can be increased by 20% as of 2010 against the current level, in order to reach a level close to the older European Union member states, Agriculture Minister Dacian Ciolos told Agerpres. � "We have permission to increase subsidies per hectare granted from the national budget as of 2010 and up [...]

Bumper crop of 2008 to lower wine import and raise export

� Wine makers predict increased wine export in 2008, as Romania reported the highest grape yield per hectare in the past years."Murfatlar exported 15% of the total wine production in 2006. The year 2007 saw a 10% increase compared to 2006, whereas a 20% growth of the export is predicted for 2008", Laura Musat, public relations [...]

Austrotherm debuts new production facility in Horia

� Austrotherm, a member of Austria’s Schmid Industrie Holding (SIH), opened its third production capacity in Romania, in the northern locality of Horia; alongside Bucharest, this is the site of another of the company’s polystyrene facility, commissioned in 2006, reads a company release. � The new plant, representing a total investment higher than eight million euros, is to [...]

Chinese wind energy system implemented in Romania

� A revolutionary technology based on full permanent magnetic suspension puts out wind energy at a wind speed starting from 1.5 meters/sec, much slower than that the other systems require, ranging between 2.5 and 3 meters per sec. � The system belongs to Zkenergy Company and it has been its single distributor Vornado Energy Company that brought it [...]

Textiles industry, strongly hit by slumping demand

� Romania’s textiles industry is strongly affected by slumping global demand. In less than one year, the textiles industry lost 53,000 jobs, and the staff size of textiles factories has shrunk to some hundreds or just tens of employees, compared with thousands of people customarily working with the production facilities of such factories four-five years ago. � For [...]

As many as 61,463 companies active in industry at end of 2007

� Industrial sector totalled at the end of last year as many as 61,463 companies, namely 12.3% of the total of companies activating in the economic sector (industry, constructions, trade and services), the biggest share being held by trade companies, namely 42.3%, according to the information centralized by the National Statistics Institute (INS). � The enterprises in industry [...]

New tractor maker in Brasov, next year

� The Romanian-Chinese HOZO-SHK Modern Agricultural Equipment Joint Venture Co. Ltd will start building a tractor assembling factory due to be operational in Brasov (central) in mid 2009, the Company’s official representative Consultancy and Financial Investments president Ionel Blanculescu told a news conference in Brasov, on November 17. � The investment is worth 20 million USD and starts [...]

IFC to create funds for bank recapitalization and investment, in 2009

� International Financial Corporation (IFC), the World Bank’s investment division will set up in the spring of 2009, a fund for bank recapitalization, worth 1 billion dollars, and a fund to support investment in infrastructure, Ana Maria Mihaescu, head of the IFC mission in Bucharest said. � "The IFC will set up such a recapitalization fund to support [...] 2031

Local euro payments at mere 300,000 payment orders

� Local payments in euro are still low, but they are expected to rise as soon as a SEPA-compliant banking transfer structure is set in place, experts say."The amount of euro payments in Romania does not go beyond 300,000 payment orders a month, which is around the amount of payments in national currency made in just [...]

Battle for insurance marketa��s top spot

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� After the financial results for January-September 2008 were made public, the local insurance market leader is still uncertain, with Q3 of the year likely to cast light on the matter. � The 2009 RCA campaign (third-party liability auto insurance) could bring about a change in insurance market leader in the last quarter of this year, a position [...]

BCR Administrare Fond de Pensii ranks 1st among bank-controlled pension fund trustees

� With 141,346 contributors, BCR Administrare Fond de Pensii climbed on the first position in the ranking of bank-controlled pension fund trustees, reads a November 19 bank release to Agerpres.According to data available for November and centralized by the National Pensions and Other Welfare Benefits Office (CNPAS), BCR Administrare Fond de Pensii advanced on position 7 [...]

Pension funds collect contributions of 27.7 million euro

� he 14 private pension funds have collected this month 27.7 million euro representing September’s contributions.The sum wired by the National Pension and Social Insurance Commission (CNPDAS) is thus close to the one wired last month.The contributions for 3.4 million insured, out of a total of 4.46 million, were wired in September. � The mandatory private pension clients [...]

BVB turnover, estimated at below 10 million euro in 2009

� The 2009 turnover of the Bucharest Stock exchange /BVB/ will reach 10 million euro at the most, which represents the median level in 2008, the president and CEO of BVB, Stere Farmache, told Agerpres on November 17.He said the BVB shareholders would discuss in the 18 December General Assembly the 2009 budget draft and this [...]

Development of Credit Unions, solution to curb impact of financial crisis 20bf

� The advantage of credit union in the context of the current global financial crisis is that they have a very conservative, cautious functioning, and the associated risks are not numerous, with a rate of non-payment of loans of 2% at present, Florin Simion, CEO of the Federation of Credit Unions of Romania (FEDCAR) said. � The European [...]

Presedintele Basescu a urat romanilor "La Multi ani de Ziua Nationala"

� Presedintele Traian Basescu le-a transmis romanilor, sambata (29 noiembrie 2008) de la Alba Iulia, "de la umbra statuii lui Mihai Viteazul", urarea de "La Multi ani de Ziua Nationala". � Seful statului le-a spus celor prezenti la ceremonialul de depunere de coroane de flori la statuia ecvestra a fauritorului primei uniri ca au de ce sa fie [...]

Participation du président roumain Traian Basescu à la Fête de la Réunion à Alba Iulia

� Le pr�sident de la Roumanie, Traian Basescu, a particip� samedi (29 nov) dans la ville d'Alba Iulia (centre) � une partie des manifestations d�di�es aux 90 ans depuis la Grande R�union de 1918. � Apr�s avoir pass� en revue la Garde d'honneur du 30e r�giment "Michel le Brave", le chef de l'Etat a prononc� une allocution."Le 1er [...]

"Arcomind" s-a mutat la Bucuresti si a inceput sa emita cecuri fara acoperire

�n primele trei saptamani ale lunii noiembrie 2008, societatea bucuresteana a tras "tepe" de aproape 5 miliarde lei vechi Unic asociat si administrator este Tudor Nita, dar "tepuitii" sustin ca firma a fost reprezentata de alte persoane, unele dintre acestea prezentand acte de identitate false Continuarea pe www.ANTITEPARI.ro

"Combat Kristyne" a emis cecuri fara acoperire in valoare de 7,86 miliarde lei vechi

Unic asociat si administrator al societatii bucurestene este caracaleanul Gigi Claudiu Toma Refuzurile la plata au fost consemnate in numai 8 zile�� "Combat Kristyne" Bucuresti - acelasi scenariu, alti "interpreti": o firma curata, cu rezultate pozitive, este cumparata de un individ pus pe "tepuit", care intr-un timp foarte scurt (maxim doua [...]

"Iorom Trading" vrea sa "ingroape" datorii catre furnizori de 2,785 milioane RON

�n septembrie 2008, societatea s-a transformat in SRL cu un singur asociat, Romeo Gangler, in timp ce fostii actionari au infiintat alte firme �n lunile octombrie si noiembrie, societatea a refuzat la plata 100 de cecuri si Bilete la Ordin � "Iorom Trading" a fost infiintata in anul 1993, iar pe site-ul propriu se prezinta [...]

"Expert Construct" a intrat in interdictie bancara

Firma suceveana a refuzat la plata 3 cecuri si 14 Bilete la Ordin, in valoare totala de 4,5 miliarde lei vechi Unic asociat si administrator al societatii este Andrei Dorin Laza-Friedel � �nfiintata in anul 2005 si avand ca obiect principal de activitate extractia pietrisului si nisipului, "Expert Construct" SRL Liteni a [...]

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