Search Results for: Romanian

BY KEITH NUTHALL

THE EUROPEAN Commission may block the payment by the Romanian government of Euro 57 million to fund a training programme at the Ford plant at Craiova, south west Romania, because it fears it is illegal state aid. Brussels has launched a formal state aid inquiry into the planned subsidy, to check whether it does actually break European Union (EU) subsidy laws.…

BY KEITH NUTHALL

FORD’S plans to create a state of the art plant at Craiova, south west Romania, have hit yet another obstacle: the European Commission has declared a new subsidy from the Romanian government may be a handout too far.…

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).…

BY KEITH NUTHALL

FORMAL negotiations between the European Union (EU) and Russia over renewing the 1997 partnership and cooperation agreement between them are under way at last: formal talks started in Brussels on July 4, following a successful EU-Russia summit at the Siberian oil town of Khanty-Mansiysk..…

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.…

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.…

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.…

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.…

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.…

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.…