Search Results for: Romanian
10 results out of 198 results found for 'Romanian'.
HUNGARY AND ROMANIA AGREE CROSS-BORDER GAS LINK
BY KEITH NUTHALL
THE HUNGARIAN and Romanian governments have agreed to connect their gas distribution systems, a move hailed by the European Commission as being important for eastern Europe security of energy supplies. Brussels is particularly happy the network operators of the two countries (Hungary’s FGSZ Ltd and Romania’s Transgaz will build the pipeline link, without any third country assistance, (such as Russia).…
ROMANIA FOOD RETAIL SECTOR IS BOOMING
BY MARK ROWE
THE FOOD retail sector in Romania has witnessed extraordinary growth in the past five years. Despite the fact that VAT in Romania is 19%, above the eastern European average, between 2002 and 2007, the grocery retail sector rose by 134.5% and is forecast to grow by a further 53.6% by 2012.…
ROMANIAN GOVERNMENT SUBSIDY FOR FORD CRAIOVA PLANT APPROVED BY EUROPEAN COMMISSION
BY KEITH NUTHALL
A NEW and potentially well-priced source of Ford models has emerged, the European Commission approving the payment of Euro 143 million in subsidies from the Romanian government to help the multinational turn around the formerly state-owned Craiova vehicle manufacturing complex.…
BULGARIA AND ROMANIA ATTACKED OVER CORRUPTION AND ORGANISED CRIME
BY KEITH NUTHALL
THE NEWEST members of the European Union (EU) – Bulgaria and Romania – have been roundly attacked in Brussels over failures to combat organised crime and corruption. Their inaction could cost them dear. Keith Nuthall reports.
BEING criticised by the European Commission could easily be compared to being slapped with a wet fish: unpleasant, but nothing to lose sleep about.…
ROMANIAN GOVERNMENT SUBSIDY FOR FORD CRAIOVA PLANT APPROVED BY EUROPEAN COMMISSION
BY KEITH NUTHALL
THE EUROPEAN Commission has approved the payment of Euro 143 million in subsidies from the Romanian government to Ford, to help turn around the Craiova vehicle manufacturing complex, which it took over in March. The decision is the latest in a bumpy ride for Ford, which in February saw the Commission demand it effectively hand over an additional Euro 27 million for its plants, which it had secured for Euro 57 million.…
EUROPEAN NUCLEAR ENERGY FORUM WORKING GROUPS START INVESTIGATING EU REFORMS
BY KEITH NUTHALL
WORKING groups for the new European Nuclear Energy Forum have started investigating the opportunities and risks facing Europe’s nuclear power sector, while examining how it can improve its transparency.
Following up an inaugural conference held in Bratislava last November 2007, three groups of high level nuclear experts have staged meetings and circulated papers.…
BRITAIN OPPOSES PIGMEAT EXPORT REFUNDS DESPITE PORK PRODUCER DEMOS
BY KEITH NUTHALL
THE BRITISH government has opposed Polish government proposals for introducing export refunds to promote European Union (EU) pigmeat sales abroad, despite recent London demonstrations by UK pork producers. Around 200 pig rearers picketed the 10 Downing Street residence of prime minister Gordon Brown earlier this month, protesting at low prices paid by supermarkets.…
FRANCE'S CARREFOUR PUSHES AHEAD WITH ROMANIA EXPANSION
BY ALAN OSBORN
THE FRENCH-OWNED Carrefour food retailer has announced major plans for expansion in Romania where it expects to achieve sales of exceeding Euro 1 billion in 2008. The company’s eleventh Romanian hypermarket was recently opened in Braila, with an investment of Euro 20 million, and nine more will be opened in 2008-2009, said a company spokeswoman.…
EU MOVES TO FIGHT CORRUPTION IN EUROPE
BY KEITH NUTHALL
CORRUPTION is hard to pin down and is by nature the most insidious commercial crime. While the European Union (EU) has been showing its concern that Europe’s governments and international organisations are at risk, news about a probe into European Parliament financial misdemeanours have highlighted the EU’s own failings.…
CHINA PRESSES ON WITH POLICY OF NATIONAL CHAMPIONS. TOBACCO CONTROL HOWEVER IS STARTING TO CATCH ON
BY MARK GODFREY, in Beijing
LONGYAN Cigarette Factory reflects the kind of good fortune and ambition which characterised China’s tobacco industry in 2007. Located in the city of the same name in southeastern Fujian province, the factory’s almost US$1 billion revenues for 2007 are a 24.5% increase on figures for the previous year.…