Finance, Banking and Economic News - 31 January 2011 - financiare.ro
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Finance, Banking and Economic News
31 January 2011



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Six people were injured Monday morning in Brasov county, central Romania, where a train hit a bus at a railway crossing. read more...


Foreign Minister Teodor Baconschi participates on Monday, in Brussels, in the meetings of the General Affairs Council (GAC) and of the Council on Foreign Affairs (CFR), MAE informs in a press release. read more...


Romanian Finance Minister Gheorghe Ialomitianu on Monday said the International Monetary Fund and the European Commission appreciated Romania’s results under the stand by agreement, adding value added tax revenue covered arrears and kept the budget deficit within agreed margins. read more...


Romania has enough money to pay pensions and salaries and is likely to overcome recession this year, Finance Minister Gheorghe Ialomitianu said Monday. read more...


A man died and three other people suffered burns after a gas tank exploded in an auto service shop in Otelu Rosu, Caras-Severin county, southwestern Romania, police said Monday. read more...


Communications ministry owing about 46% of Romtelecom, the biggest telecom operator in Romania, will cash in dividends o the net profits of the company worth 43.5 million euro, the minister announced on Monday. read more...


EPP Conservative group in the European Parliament, demanded France and Germany to give a “powerful political signal” to Romania and Bulgaria regarding their perspectives to adhere to Schengen, AFP informs. EPP group considers it necessary to send a political message to Bulgaria and Romania to ensure that perspectives are correct and explicit. read more...


The Romanian ruling Democratic Liberal Party’s delegates will convene on May 14 to elect the party’s new leaders, democrat liberal vice-president Gheorghe Flutur said Monday, after the meeting of the party’s standing bureau. read more...


31.01.2011, 14:51 | Health | 843 views
No Flu Epidemic In Romania - Health Ministry
Health Ministry specialists have announced that there is no influenza epidemic in Romania, but they have provided the national healthcare network with a series of recommendations. read more...


The Department for the Relation with Parliament sent to the Parliament the government’s legislative priorities for the first ordinary session of 2011, considering that parliamentary works start on February 1st. read more...




The Romanian Gendarmerie has announced its intention to purchase "riot repression equipment," including protective helmets, pepper spray, submachine guns, rifles, smoke grenades, tear gas grenades and others, for an estimated 42 million lei (EUR1=RON4.2549). read more...


Romanian pharmacies may issue algocalmin and other drugs containing metamizole without prescription only until April 1, although some producers are authorized to sell these products as prescription-only as of February. read more...


Equity funds boasted the strongest performances among mutual funds in January, owing to Fondul Proprietatea (FP) listing, as well as to a better-than-expected trend of banking stocks. read more...


The falling consumption was felt differently in Pizza Hut restaurants. Thus, whereas Bucharest saw declining sales, in the restaurants in the rest of Romania sales are rising. read more...


31.01.2011, 23:22 | Business | 634 views
DPD courier expects 35% higher turnover
The first figures reported by couriers show the market is recovering and this year's forecasts are even more upbeat. read more...


Real estate developers offer as part of sales contracts for new homes warranties of up to two years for finishings, lower than when you purchase a car, although the life of a home is 50 years on average, and the investment in a home is much higher than in a car. read more...


Renault Romania group, currently employing 18,500 people domestically, is seeking at least 1,500 college graduates and workers for Mioveni, Titu and Bucharest this year. read more...


RON flood on the currency market considerably cheapened the state's borrowings in January, and bankers also started revising the "lavish" interest rates paid for clients' deposits, which dropped by as much as one percentage point. Instead, nobody is speaking about cheaper loans for private sector clients, with bankers preferring to thus fatten their profit margins. read more...


Egypt protests could take nearly 15 million euros from the pockets of Romanian travel operators, who say if the situation in Egypt fails to stabilise, Egyptian travel destinations could be compromised, reveals a ZF analysis. read more...


Thousands of Romanians have been attracted in the past few years by the mirage of the big gains you can make in a very short span of time via Forex transactions, which offer the benefit that you can conduct transactions several hundred times larger than you could if you used only your own money. read more...



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