Search Results for: Romanian

BY KEITH NUTHALL
In another step expected to smooth the distribution of the country’s electricity, the World Bank’s Programmatic Adjustment Loan (PAL) programme for Romania will privatise all six distribution companies. In recent months, four European investors have taken over the companies that form the heart of the Romanian energy sector, in transactions totalling around €2.25 billion.…

BY MARK ROWE
THE YEAR 2007 will be a significant one for Romania. It is the year that the country is scheduled to join the European Union (EU); it is also the year that Romania’s second nuclear power unit is expected to come on line.…

BY LIZ HALL
SPAIN’S paint and coating industry has every right to be self-congratulatory at present: the widespread investment and business improvements of recent years have paid off with the sector securing a well-earned place alongside its counterparts elsewhere in the developed world.…

BY ALAN OSBORN
IT’S fair to say that neither Bulgarian nor Romanian wine stands very high in wine-lovers’ affections at the moment. That wasn’t always so.

The wines were held in some esteem in the 80s, for instance, under the last years of communist rule, but standards have slipped pretty drastically in the score of years since then.…

BY KEITH NUTHALL
WHILE discussions continue over how to ensure the security of energy supplies to the European Union (EU), Brussels institutions are sinking money into one sure bet, eastern Europe and the former Soviet Union. The European Bank for Reconstruction and Development (EBRD), for instance, is lending US$170 million to SOCAR, the State Oil Company of Azerbaijan, to fund two Caspian gas projects.…

BY KEITH NUTHALL
ROMANIA’S newly appointed minister for European integration has raised concerns that European Union (EU) demands for the country to slash its steel industry subsidies ahead of its anticipated EU accession in 2007 will cause widespread plant closures. Ene Dinga told Brussels news wire Euractiv (CORRECT SPELLINGS) that this was of “particular concern” to him, as it is anticipated that at least 8,500 out of the current 52,000 Romanian steel industry jobs will go.…

BY KEITH NUTHALL
EU food producers and manufacturers will gain duty free penetration of the Romanian market by 2007, with Romanian duties being phased out on lines ranging from confectionary and dairy products to bread and vegetables. In return, Romanian producers get duty free access by 2007 for a similarly wide range of food products.…

BY KEITH NUTHALL
EUROPEAN Union (EU) meat producers will gain duty free penetration of Romania by 2007 for some key by-products, even if the country’s planned EU accession that year falls through. Under a free trade deal Romanian duties would be phased out on animal fats and oils, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, as well as animal fats that are boiled, oxidized, dehydrated, sulphurised, blown, or even polymerised.…

BY KEITH NUTHALL
EUROPEAN Union (EU) drinks producers will gain duty free penetration of the Romanian market by 2007, even if the country’s planned EU accession on that year falls through. Under a free trade deal designed to ease its membership, Romanian duties of 60% on brandy, rum, gin, vodka, liqueurs and vermouth imported from the EU would disappear on January 1 of that year, as would 35% duties on EU whiskies.…

BY KEITH NUTHALL
DUTIES on a range of Romanian confectionary exported to European Union (EU) will be phased out by 2007, easing the country’s oncoming EU membership. Affected lines range from chewing gum, liquorice extract, white chocolate, boiled sweets and toffees.…