Community of Expats in Romania

Latest local news headlines - all sources

Sources : YahooNews

Romanian city mayor arrested in bribery case [Nov 11, 2011] BUCHAREST, Nov 11 ? Romanian police arrested the mayor of the western city of Cluj on suspicion of taking bribes from private companies in exchange for awarding public contracts, anti-graft prosecutors said today. Romania, rated the third most corrupt European Union state, joined the bloc in 2007, which many say was too early because it had ... [via YahooNews] More >>

Tax authority seizes Nokia's assets in Romania [Nov 11, 2011] Romania's tax authority have seized the assets of Nokia's plant in Transylvania over an unpaid debt of about $10 million (euro7.33 million). [via YahooNews] More >>

Romania wants to join the eurozone - despite crisis [Nov 11, 2011] Romanian President Traian Basescu has affirmed his country aims to join the eurozone by 2015. A strict austerity program should pave the way. [via YahooNews] More >>

Romania hopes Ukraine, EU will complete talks on association agreement soon [Nov 11, 2011] Romania hopes for the speedy completion of talks between Ukraine and the EU on the signing of an association agreement, Romanian Foreign Minister Teodor Baconschi has said. [via YahooNews] More >>

Leave a Reply [Nov 10, 2011] The 100 pc RO couture collection, the pilot project of the eponymous cultural initiative to promote Romania, created with the support of dozens of Romanian designers and folk artisans, was launched yesterday evening at the French Embassy in Bucharest, according to a press release quoted by Mediafax. [via YahooNews] More >>

Hryschenko: New checkpoints to open on Ukrainian-Romanian border [Nov 10, 2011] Ukraine and Romania are planning to open more checkpoints on their joint border, Ukrainian Foreign Minister Kostiantyn Hryschenko has said after talks with his Romanian counterpart Teodor Baconschi. [via YahooNews] More >>

Romania Firm on Making the Euro Zone in 2015 [Nov 10, 2011] Romania remains firmly focused on its target of joining the eurozone in 2015, Romanian President Traian Basescu said in an interview with Thursday's edition of the Frankfurter Allgemeine Zeitung. The 2015 target is "realistic" and an "incentive," said Basescu, on a visit to Berlin and with meetings scheduled Thursday with President German Christian Wulff and German Chancellor Angela Merkel, as ... [via YahooNews] More >>

Research and Markets: The Pharmaceutical Market: Romania. Enhanced Strategic Intelligence in a User-friendly Format [Nov 10, 2011] DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ede5d4/the_pharmaceutical) has announced the addition of the "The Pharmaceutical Market: Romania" report to their offering. Romanian healthcare reform has been slow over the years due to ongoing political difficulties. The Romanian pharmaceutical market will be the fourth largest in Central & Eastern ... [via YahooNews] More >>

Romania's Translectrica posts 153.5 mln lei 9-mth net profit [Nov 10, 2011] BUCHAREST, Nov 10 (Reuters) - Romania's state-owned powergrid operator Transelectrica posted a nine-month netprofit of 153.5 million lei ($47.8 million), it said onThursday.The company had been expected ... [via YahooNews] More >>

Could Bucharest Old Town become a property investment hotspot? [Nov 09, 2011] The Old Town district of Romania's capital Bucharest is in need of refurbishment, with foreign investors showing an increasing interest in properties in this area of Romania. [via YahooNews] More >>

Romania to Meet Investors on Nov. 11 for the Planned Sale of Dollar Bonds [Nov 09, 2011] Romania will meet investors starting Nov. 11 to discuss the sale of dollar-denominated bonds under a 7 billion-euro ($9.6 billion ) medium-term notes plan, Deputy Finance Minister Bogdan Dragoi said. [via YahooNews] More >>

Ex-Romanian TV boss, union leader, others arrested [Nov 09, 2011] share: digg facebook twitter Ex-Romanian TV boss, union leader, others arrested BUCHAREST, Romania (AP) ? A court on Tuesday ordered the arrest of a former TV boss and a union leader on charges they bankrupted a company and laundered tens of thousands of euros. The Bucharest court ordered the arrest of Sorin Ovidiu Vantu, until recently the owner of influential Realitatea TV, and union leader ... [via YahooNews] More >>

Romania's Petrom posts 1.18 bln lei in Q3 net profit [Nov 09, 2011] BUCHAREST, Nov 9 (Reuters) - Romania's top oil and gascompany Petrom , majority-controlled by Austria's OMV posted a net profit of 1.18 billion lei ($374 million)in the third quarter on Wednesday, ... [via YahooNews] More >>

UPDATE 1-Romania - Factors to watch on Nov 9 [Nov 09, 2011] (Adds press digest, Petrom Q3 results)BUCHAREST, Nov 9 (Reuters) - Here are news stories, pressreports and events to watch which may affect Romanian financialmarkets on Wednesday.FOREIGN TRADEThe National ... [via YahooNews] More >>

Romania has agreed to liberalize prices for gas and electricity [Nov 09, 2011] Romania's leadership agreed with the IMF on the privatization of the energy complex and mining industry, as well as the liberalization of prices for gas and electricity. [via YahooNews] More >>

Hometownstations.com-WLIO- Lima, OH News Weather SportsEx-Romanian TV boss, union leader, others arrested [Nov 08, 2011] BUCHAREST, Romania (AP) - A court on Tuesday ordered the arrest of a former TV boss and a union leader on charges they bankrupted a company and laundered tens of thousands of euros. [via YahooNews] More >>

Ex-Romanian TV boss, union leader, others arrested [Nov 08, 2011] (11-08) 08:33 PST BUCHAREST, Romania (AP) -- A court on Tuesday ordered the arrest of a former TV boss and a union leader on charges they bankrupted a company and laundered tens of thousands of euros. The Bucharest... [via YahooNews] More >>

Ex-Romanian TV boss, union leader, others arrested [Nov 08, 2011] A court on Tuesday ordered the arrest of a former TV boss and a union leader on charges they bankrupted a company and laundered tens of thousands of euros. [via YahooNews] More >>

Cannes-winning Romanian film director Liviu Ciulei dies at 88 [Nov 08, 2011] BUCHAREST, Romania - Romanian film and theatre director Liviu Ciulei, whose career spanned 50 years and included winning a top award at the Cannes Film Festival, died at 88. [via YahooNews] More >>

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HIT Association Timisoara Non-profit organisation which promotes member hotels, restaurants, catering firms and clubs nationally and internationally. Your best guide to Timisoara's hospitality industry. More >>

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