English Section

7 septembrie 2009

"Iproeb" Bistriţa wins part of a contract in Poland

Ştefania Ciocîrlan (Tradus de Cosmin Ghidoveanu)Ziarul BURSA #English Section / 7 septembrie 2009

Wire and electrical cabling producer "Iproeb" Bistriţa (symbol: IPRU on the Rasdaq market) won, in association with several companies, an auction for the reconstruction of an electric line between two power stations in Poland, worth approximately 43 million Euros, excluding VAT, according to the auction contract.

Shares of "Amonil" Slobozia, in freefall

Izabela Sîrbu (Tradus de Cosmin Ghidoveanu)Ziarul BURSA #English Section / 7 septembrie 2009

Shares of fertilizer maker "Amonil" Slobozia (symbol: AMO) have lost approximately 40% in the last three trading sessions, following Wednesday"s announcement that the company"s current creditor, "Chemgas Holding Corporation" SRL, would request the seizing of the company"s assets.

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Unions threaten overthrowing the Government

Cătălin Deacu (Tradus de Cosmin Ghidoveanu)Ziarul BURSA #English Section / 7 septembrie 2009

Prime Minister Emil Boc announced yesterday on the public radio station that he signed the letter by which the Government takes full responsibility for the three draft bills (ed. note: The Draft for the Law of National Education, The Draft for...

Desintco Affair Enters New Phase

MAKE (TRADUS DE ANDREI NĂSTASE)Ziarul BURSA #English Section / 7 septembrie 2009

Traian Basescu had better provide the explanations that he promised to us all in the press release issued eleven days ago: "The President of Romania will explain, at the right time, what is behind the political and media manipulation aimed at...

WSE Launches Bond Trading Platform

Adina Ardeleanu (TRADUS DE ANDREI NĂSTASE)Ziarul BURSA #English Section / 7 septembrie 2009

CATALYST, the first organized market in debt securities in Poland and a unique such market in Central and Eastern Europe will be launched by the Warsaw Stock Exchange on 30 September, according to a WSE press release.

SIF Moldova Signs To Postpone BCR Listing

Adina Ardeleanu (TRADUS DE ANDREI NĂSTASE)Ziarul BURSA #English Section / 4 septembrie 2009

SIF Moldova, a minority shareholder in Banca Comerciala Romana (BCR) on 1 September signed an agreement to postpone the listing of the bank on the Bucharest Stock Exchange (BSE) after having finalized negotiations regarding the postponement of...

Baxi Starts Boiler Trade-In Programme

C.I. (Tradus de Andrei Năstase)Ziarul BURSA #English Section / 3 septembrie 2009

Baxi Romania, the local subsidiary of Baxi Group, a leading European manufacturer and distributor of domestic and commercial water and space heating systems, as well as a pioneer in technologies powered by renewable energy, has initiated a...

CEZ Could Acquire CET - Galati By Year-End

Marilena Dinu, Galati (Tradus de Andrei Năstase)Ziarul BURSA #English Section / 3 septembrie 2009

The Municipality of Galati met with representatives of Czech-based energy company CEZ early this week to define the last details of the planned takeover of the Galati-based power company Electrocentrale by the Czech counterpart.

CEZ Could Acquire CET - Galati By Year-End

Marilena Dinu (Tradus de Andrei Năstase)Ziarul BURSA #English Section / 2 septembrie 2009

The Municipality of Galati met with representatives of Czech-based energy company CEZ early this week to define the last details of the planned takeover of the Galati-based power company Electrocentrale by the Czech counterpart.

Asian Shockwave Pushes BSE Into The Red

S.C.English Section / 1 septembrie 2009

Asian markets incurred significant decline yesterday, the shockwave reaching as far as Bucharest and pushing all the indices of the Romanian capital market into the red at the end of the week.

No More Regulated Energy Prices For Legal Entities

A.T.V.English Section / 1 septembrie 2009

The European Commission in June initiated an infringement procedure against Romania in several cases concerning the domestic market for gas and electricity. The Commission objects to the fact that Romania"s National Energy Regulatory...

The Orient Express Defies Economic Crisis

P.B.English Section / 1 septembrie 2009

The famed Orient Express long-distance train connecting Paris to Istanbul does not seem affected by the ongoing economic crisis, as customers often need to sign up on a waiting list for the journey. The train entered Romania on Sunday night...

700,000 EUR For Tuborg Parties In 2009

Viviani Mirica (Tradus de Andrei Năstase)Ziarul BURSA #English Section / 1 septembrie 2009

United Romanian Breweries Bereprod (URBB) has allocated a budget of 700,000 EUR for the Tuborg Parties in 2009, according to URBB officials attending the launching of the Tuborg Green Fest, scheduled to take place in Izvor Park, Bucharest, on 4-6...

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