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NEWS IN BRIEF

Boloni, on list of possible head coaches for Belgium

Romania’s Ladislau Boloni, the head coach of Standard Liege, is on the list of candidates for Belgium’s national football team following Tuesday’s sacking of head coach Rene Vandereycken. Belgium’s head coach was sacked because of the poor results that the ‘Red Devils’ registered, the Belgian press informs.

According to the Belgian dailies, Eric Gerets, the head coach of Olympique Marseille is a favourite contender, his contract with the club set to expire at the end of this season.

Adrian Mutu, 21st place in world’s best strikers table

Romanian football player Adrian Mutu ranks 21st in the table of the best strikers of the world, a table drawn by Germany’s ‘SportBild,’ Agerpres informs. The hierarchy is dominated by Argentina’s Lionel Messi, followed by his FC Barcelona team-mate and Cameroon national Samuel Eto’o. Spain’s David Villa (FC Valencia), the goal getter of the EURO 2008 tournament, ranks third. Portugal’s Cristiano Ronaldo (Manchester United), nominated by FIFA the world’s best football player in 2008, ranks 5th after Sweden’s Zlatan Ibrahimovic (Inter Milan).

Radoi proves decisive for Al Hilal in AFC Champions League

Romanian football player Mirel Radoi scored the decisive goal in Al Hilal’s home-side victory against Al Ahli (United Arab Emirates) on Tuesday, score 2-1. The game counted for the third round of the AFC Champions League.

Ahmed Khalil put the visitors ahead in the 12th minute but Yasser Al Qahtani equalized for Al Hilal in the 32nd minute. Radoi converted a penalty kick in the 93rd minute after Al Qahtani was brought down in the box. This is Radoi’s second goal in the AFC Champions League.

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BUSINESS

NEWS IN BRIEF

AutoItalia group to open new showroom in Bucharest

AutoItalia group will open in July a new showroom in Bucharest on the premises of the business center Alexander Center, intended for the luxury brand Infinity, a press release of the car dealer informs. The materialization of the project was possible thanks to the transaction mediated by BNP Paribas Real Estate Romania. AutoItalia group hired 500 sq m of commercial space on the premises of the trade center located on DN1, close to Henri Coanda international airport.

INS: Construction works volume up in first two months

According to the National Statistics Institute (INS) data, the construction works volume, a series adjusted on the basis of the number of working days and of the season, has risen in the first two months of the year by 5.5 per cent compared to the level registered in the same period last year, Agerpres informs. The hike was felt on the residential buildings segment (+21 per cent) and on the non-residential buildings segment (+17.8 per cent), while the engineering construction works segment has registered a drop of 4 per cent. The new construction works have registered a growth of 18.1 per cent, while drops were registered on the major repairs (-6.9 per cent) and current maintenance and repair works (-3.9 per cent) segments. In February 2009 the gross construction works volume rose by 6.7 per cent compared to the previous month and dropped by 8.6 per cent as a series adjusted on the basis of the number of working days and of the season.

E.ON: Gas price should go down on a medium term

Natural gas price should drop on a medium term in correlation with the costs of supply rather than immediately, starting from May 1, because any subsequent price increase would become more difficult to bear, reads a press release of gas and electricity supplier E.ON Romania, Mediafax informs. Any decision to cut the end price needs to be based on a sustainable solution on a medium term: an immediate end price cut not correlated to the actual gas supply costs, would only lead to an even lower endurance of the end price as far as consumers are concerned. It will have to include tariffs permitting both the return of the cost differences resulting from the anticipated end price reduction and operators’ costs under the applicable regulations.

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BUSINESS

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The business of Saint-Gobain group in Romania up 16.87 pc in 2008

The affairs of Saint-Gobain corporation, which operates in the domain of production and distribution of construction materials, registered in Romania a growth of 16.87 per cent in 2008 over the previous year, the consolidated turnover of the nine companies members of the group reaching EUR 214 M, over EUR 30 M more than the EUR 183.1 M from 2007, a press release of the company remitted to the editorial office informs. Moreover, last year all the nine Saint-Gobain companies from Romania obtained turnovers bigger than in 2007. Even in the conditions of the explosive growth of the demand of construction materials on the Romanian market in the first half of the past year, the companies of the group made last year exports of over EUR 56.2 M. In terms of value, the various assortments of glass produced at the location from Calarasi had in 2008 the biggest weight in the structure of the exports of Saint-Gobain Romania.

Antibiotice Iasi registers net profit of RON 10 M

Antibiotice Iasi has registered a net profit of RON 10 M in Q1 of this year, up by 43 per cent compared to the same period last year, according to the data published by the company on the stock market, Agerpres informs. Its gross profit has reached RON 8.38 M, up by 55 per cent compared to the one registered in Q1 of last year, in the context in which Antibiotice has reported a sales hike of 13.4 per cent to RON 46.4 M on the domestic market, representing the highest sales level in the last three years. Thus, at the end of March 2009 Antibiotice’s turnover has registered a hike of 18.4 per cent compared to the same period last year, reaching a level of approximately RON 57.5 M.

The construction of Adunatii Copaceni bypass road, 50 pc ready

The construction of Adunatii Copaceni bypass road and the rehabilitation of the existing road are finished in a proportion of 50 per cent, their finalization being due in July 2009, according to a press release of the consultant Search Corporation, Agerpres informs. The contract was signed on January 14, 2008. The total value of the works amounts to EUR 8 M, without VAT. EUR 5.22 M of that sum is the contribution of the European Commission through Ex-ISPA Facility, while the balance is funded by the Government of Romania. The total project consists of the construction of a bypass road with a length of 4.22 km, four lanes (two in each direction), and the rehabilitation of 3.8 km of the existing road from the locality, through the execution of maintenance works, including the pouring of an asphalt cover and the improvement of the road shoulders without affecting the alignment or widening the road.

New players on the life insurers market: BRD, Ergo

The Council of the Insurance Monitoring Commission (CSA) authorized yesterday the operation of BRD Asigurari de Viata, the number of the authorized insurance companies in Romania rising now to 45. According to the information of the Commission, another company, namely Ergo Asigurari de Viata, received the setting up authorization; in order to receive the operation authorization it has to forward the specific documentation stipulated by the applicable laws.

Blue Air to introduce in May the first flights from Sibiu to Italy

The air operator Blue Air will introduce from May two new flights from Sibiu to Milan and Rome (Italy) while from Bacau it will launch in June two flights to London (Great Britain) and Valencia (Spain), the company announced yesterday. Thus, the flights to Rome and Milan and those operated from Bacau to Valencia and London will be operated twice a week. Blue Air has also supplemented with one frequency the flights on the route Bucharest-Barcelona, reads the press release.

The air operator registered last year a turnover of over EUR 124 M and carried more than 1.1 million passengers, up around 30 per cent vs. the previous year.

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