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Articole despre euros

23% less foreign investments

The foreign investments as a contribution to the capital of companies registered in Romania totaled nearly 1.3 billion Euros in the first four months of the year, 23% less than in the same period of last year. The...

Too little EU money spent on the environment

In the two years since the integration in the European Union, Romania has absorbed almost 18% of the money that were supposed to get into our country from the European Commission, sources from the Ministry of...

19 billion euros for credibility

Radu Berceanu ready to swear that the IMF will be indulgent with Romania The loan package that Romania wants to take from the global financial institutions reaches 19 billion euros, only 4 of which will be used. The...

11 Residential Projects To Start Up This Year

Real-estate developers said in January that 11 new projects would take shape in 2008, promising to deliver 7,800 housing units over a two-year period. Real-estate developers said in January that 11 new projects...

ENEL bought Electrica

ECONOMY - June 19 2004 The Italian group ENEL will pay 112 million euros for the majority stake in two of the Electrica regional subsidiaries: Electrica Banat and Electrica Dobrogea. ENEL will thus control a f...

6,000 euros are guaranteed in the bank

ECONOMY - June 24 2004 The banking deposits of the people and companies will be guaranteed in the limit of 6,000 euros starting from next month. Until January 2007 this limit will reach the level of 20,000 euros...

Romania lags behind in FDI

ECONOMY - July 2 2004 Romania is behind Albania in terms of Foreign Direct Investment (FDI), in a survey of European countries. Still, Romanian authorities hope two billion dollars in FDI to enter the...

The Foreigners Hardly Find Vacations in Romania

TOURISM The foreign tourists, who wish to travel to Romania, confront with difficulties when it comes to all included trips to Romania. On the most popular French or German websites the vacation offers having...

ENEL bought Electrica Banat and Dobrogea

ECONOMY - July 20 2004 The Italians from ENEL signed yesterday the privatization contract for the Electrica Banat and Dobrogea subsidiaries. The officials tried hard to prove that the transaction is a success, e...

Petrom, a 1.5 Billion Euros Deal

ECONOMY - July 24 2004 The contract that certifies the funding of the greatest oil company in the Central and South-Eastern Europe, the privatization contract of Petrom, has been signed yesterday. This contract...

Out and Wide Open With the Gift Boxes

POLITICS August 5 2004 The Official Journal of July 28 carries the rules drafted by the Executive for enforcing the bill which makes mandatory to declare the gifts received by elected or appointed officials du...

270 Million Euros, Dirty Money

ECONOMICS - August 12 2004 Hungary and Turkey are the main countries from which the greatest amounts of illegal money got into Romania. By CATALIN BUDESCU From Hungary came 16.7 million euros, Turkey sent ...

Big Money Goes to Managers in the West

BUSINESS - September 15th 2004 [A study of the HRMC Company shows that] top Romanian managers get on average 35,000 euros [per year], which is less than half the earnings of their counterparts...

Gaz de France took Distrigaz Sud

ECONOMICS - October 19th 2004 With 311 million euros, the French from Gaz de France will become the majority share holders. Following this transaction the jobs will remain the same and there won’t be...

Ruhrgas Took Distrigaz Nord

ECONOMICS - October 22nd 2004 The week of gas distribution privatization reached the culmination point when the contract with Ruhrgas-E.on for Distrigaz Nord has been signed. Approximately 2 million Romanian...

Some Presidential Candidates’ Fortunes

POLITICS - November 10th 2004 The Presidential candidates, registered on the parliamentary lists, made their fortunes public, and their statements are listed on the Deputies’ Chamber and...

King of Glass wants GES Scaieni

BUSINESS - November 20th 2004 Saint-Gobain will invest approximately 40 million euros in building a glass wool factory which is to isolate the area around Ploiesti city, stated Michel Hue, representative of the...

Vacations for People in Love

ECONOMICS - January 22nd 2005 Saint Valentine Day is an opportunity for travel agencies to launch new travel packages for couples willing to spend a romantic vacation on the Black Sea shore, or in destinations abr...

860 Million Euros Insurances

The insurances’ market has gone over 860 million euros in 2004, and the total amount of the subscribed bonuses reached 1.5% of the GNP. By IOHANNA ONACA PURDEA ...

The Costs of the Integration - 14 Billions for a Signature

Romania will pay 376,000 euros, meaning 14 billion lei, just for the moment of signing the Treaty of adherence to the European Union, in Luxembourg. The Romanian officials thought of entertaining their hosts with an ar...
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