Community of Expats in Romania

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Leading Global Insurer Positions for Growth in Romania with IBM Smarter Computing [Mar 14, 2012] BUCHAREST, Romania, March 14,?2012 /PRNewswire/ -- IBM (NYSE: IBM - News ) announced that AXA Insurance, a global insurer with over 95 million clients in 61 countries, has turned to IBM and its smarter computing ... [via YahooNews] More >>

Romania Opens Transelectrica Share Sale at 13% Price Discount [Mar 14, 2012] The Balkan nation, which plans to sell minority stakes in six energy companies this year, opens the subscription period today for 15 percent of the grid operator at a minimum price of 14.9 lei ($4.50) per share, 13 percent below the last closing market price, and a maximum price of 19.2 lei, it said yesterday. [via YahooNews] More >>

OTP Bank raises capital by ?32 mln at Romanian unit [Mar 14, 2012] OTP Bank on Tuesday said a 140 million Romanian lei (?32 million) capital raise was registered at its unit in Romania. Shareholders of OTP Bank Romania took a decision on the raise at a general meeting on February 29, the bank said. [via YahooNews] More >>

Romania invests $97.5 mln to help Ford production [Mar 13, 2012] The Romanian government says it will invest $97.5 million (euro75 million) of state aid in Ford Motor Co. to help production at its compact van factory in southern Romania. [via YahooNews] More >>

Universal Alloy Corporation Europe to Implement Epicor [Mar 13, 2012] DUBLIN, CA and BUCHAREST, ROMANIA-- - Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced that ... [via YahooNews] More >>

OTP Bank Raises Capital In Romanian Arm [Mar 13, 2012] BUDAPEST -(Dow Jones)- OTP Bank Nyrt (OTP.BU) Tuesday said it raised capital at its Romanian arm, OTP Bank Romania S.A. [via YahooNews] More >>

Canadian mining project under attack from Romanian revolution figure [Mar 13, 2012] A key figure of Romania's 1989 revolution, MEP Laszlo T?kes, has resigned from his party over a controversial Canadian gold mine project in northwestern Romania. [via YahooNews] More >>

Canadian mining project under attack from Romanian revolution figure [Mar 12, 2012] A key figure of Romania's 1989 revolution, MEP Laszlo T?kes, has resigned from his party over a controversial Canadian gold mine project in northwestern Romania. [via YahooNews] More >>

Romania to hike public sector wages [Mar 12, 2012] Romania's ruling coalition says it will hike public sector wages that were axed almost two years ago as part of conditions for securing international rescue loans. [via YahooNews] More >>

Romania trade deficit more than doubles in January [Mar 12, 2012] BUCHAREST : Romania 's trade deficit more than doubled on the year in January to 463 million euros ($607.2 million), as export growth slowed, the National Statistics Board said on Monday. [via YahooNews] More >>

Leave a Reply [Mar 11, 2012] Raising salaries in the public sector without an increase of budget incomes might endanger Romania?s programme with the European Union (EU) and the International Monetary Fund (IMF), such a measure being the main risk for the Romanian economy, Deutsche Bank warns, quoted by Mediafax.The German Bank revised downwards its forecast of Romania?s economic growth this year, from 1.9 pc to 1.7 pc ... [via YahooNews] More >>

The tragedy of poverty [Mar 11, 2012] Over the past 20 years, Romania?s population has lost over 2 million people, 10 pc, from its 1990 counterpart. [via YahooNews] More >>

World Football - Steaua to axe all foreign players [Mar 11, 2012] Steaua Bucharest plan to offload every foreign player on the Romanian club's books after the end of the season. [via YahooNews] More >>

Steaua planning to build all-Romanian team [Mar 11, 2012] Steaua Bucharest plan to offload every foreign player on the Romanian club's books after the end of the season and build a squad made up entirely of locals. [via YahooNews] More >>

Romanian coal miners pursue pay dispute [Mar 10, 2012] Thousands of miners in western Romania have marched for the fourth day running in a pay protest, after talks with the new government broke down. The? [via YahooNews] More >>

Research and Markets: Intellinews Romania Pharmaceutical Report: Complete Coverage of the Latest Developments, Trends ... [Mar 08, 2012] Research and Markets has announced the addition of the "Intellinews Romania Pharmaceutical Report" report to [via YahooNews] More >>

US Chevron Meets with Romanian PM over Shale Gas Drilling [Mar 08, 2012] Romanian Prime Minister Mihai Razvan Ungureanu has met representatives of US energy giant Chevron in Bucharest to discuss the start of shale gas drilling in Romania. Chevron, the second largest oil and gas company in the US, recently lost the opportunity to conduct shale gas exploration and production activities in neighboring Bulgaria over environmental concerns, Romanian news agencies remind ... [via YahooNews] More >>

Romanian senator hit with holocaust charges [Mar 07, 2012] Bucharest - Two Romanian civic rights groups on Wednesday petitioned for criminal charges against a prominent politician over his denial of the Jewish Holocaust in the country. [via YahooNews] More >>

Romania, in 18 London Olympics cultural projects [Mar 07, 2012] Romania will present 18 projects at the cultural Olympics to animate London in the run-up to the Summer Olympic Games July 27-August 12 this year, part of a program coordinated by the Romanian Cultural Institute (ICR). The event ?Poetry and Sports: great sports people reading great poets?, June 11 will have Olympians Nadia Comaneci, Tanni Gray-Thompson, Edwin Moses and Steve Williams read poetry. [via YahooNews] More >>

Romania to debate ratification of SAA [Mar 07, 2012] BUCHAREST -- Romanian Foreign Affairs Committee President Titus Corlatean will urge support of ratification of the Stabilization and Association Agreement (SAA) with Serbia. [via YahooNews] More >>

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Handymen service Handyman service is a professional company based in Bucharest specializing in repair and maintenance works for homes and offices. We provide hassle free service for house and office repair works and we are English speaking. Our team of experienced handymen can handle electrics, plumbing, painti... More >>

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