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May 16, 2021
SPORTS

NEWS IN BRIEF

Lucescu Jr favourite for taking over national football team

According to the sports media, Razvan Lucescu, the head coach of FC Brasov, is a favourite for taking over Romania’s national football team after Victor Piturca was sacked because of the poor results that led to the failure to qualify for the World Cup 2010.

Former head coach Gica Hagi and Unirea Urziceni’s current head coach – are among Razvan Lucescu’s counter-candidates. These days the Romanian Football Federation will officially present the new head coach of the national team.

Romania to play Hungary friendly in August

Romania’s football team will play a friendly against Hungary in Budapest, August 12, according to the official website of the Romanian Football Association, quoted by Agerpres.

‘The football associations of Romania and Hungary agreed on a friendly game between their national teams,’ the press release reads. The encounter will take place in Budapest, with further details to be announced in due time.

The last time the two squads faced one another was on September 5, 2001, in Budapest too, when the ‘three-coloured’ won 2-0 in 2002 World Cup a group 8 qualifier, thanks to goals scored by Arian Ilie (12th minute) and Marius Nicolae (27th).

Raluca Olaru misses out on Fes tournament round 2

Tennis player Raluca-Ioana Olaru failed to make it into round 2 of the USD 220,000 tournament at Fes (Morocco), according to the website w.tatour.com. Olaru was beaten 7-6 (7/5), 6-4 by no 6 seed, Russia’s Ekaterina Makarova. Olaru won a cheque of USD 1,725 and a WTA point.

Victor Crivoi defeats no 16 ATP ranking James Blake at Rome’s Masters 1000

Tennisman Victor Crivoi, ATP no 112), on Monday managed one of the greatest feats of his career, winning over the seed 14 of the USD 2.75 M Masters 1000 tournament in Rome, American James Blake. Crivoi defeated the American in a 70-minute round 1 match, 7-5, 6-3. His deed will be rewarded with a cheque if EUR 14,500 and 45 ATP points. In the next round, the Romanian will take on the winner of the game between Swede Robin Soderling and Spaniard Marco Granollers.

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Social

NEWS IN BRIEF

Romanian escapes death sentence in the USA

The only Romanian ever convicted to death in the USA, Gabby Tennis, escaped the conviction. The execution was commuted to lifetime imprisonment for having murdered a war veteran, according to the daily paper Evenimentul Zilei. In 2003, the 23-year-old Gabby Tennis brutally beat his 91-year-old victim and according to marks found on the latter’s body, the criminal also stomped him. The Romanian accepted to waive his right to make an appeal in his case in the future, and this is why the prosecutors accepted to change the sentence.

Popoviciu, Pitcovici appeals rejected by court

Businessman Puiu Popoviciu and the former head of the judiciary department within the Interior Ministry’s General Anticorruption Directorate, Serban Pitcovici, remain with the interdiction of leaving the country, after the Bucharest Court of Appeals rejected their appeals on Monday evening. A request by the former head of the Interior Ministry’s Intelligence Department, DGIPI, Cornel Serban, will be discussed today. The Court of Appeals’ ruling can be challenged with the High Court. The three were banned from leaving the country while under investigation in a case of corruption. Serban and Pitcovici are accused of having tried to convince an anticorruption prosecutor not to start a criminal investigation against Popoviciu. The former rector of the Bucharest Agronomy University, Ioan Alecu, is also probed in the case.

Folklore singer Valeria Peter Predescu passed away

Folklore artists are mourning again, this time because of the decease of singer Valeria Peter Predescu on Monday evening, according to Realitatea TV. Predescu, aged 62, suffered a cardio-respiratory arrest at her residence in Bis­tri­ta. A team of doctors of the County Ambulance Service attempted to resuscitate her, yet they failed. At the age of 40, she was diagnosed with a heart condition. Predescu was one of Transylvania’s most famous folklore singers. Throughout her career, she recorded 61 folklore recordings.

FM: Reconstruction – a difficult process involving people’s mentality

Foreign Minister Cristian Diaconescu said yesterday on the second day of a Bucharest conference on post-conflict state reconstruction that one of the most difficult kinds of reconstructions is the one that involves the people’s mentality. “A post-conflict society doesn’t mean only a society after a war. It can also mean a conflict between various social categories,” he said. Diaconescu added that reconstruction is also “a good business” for recent EU members, which put up great effort to build infrastructure and experience so as to reduce disparities in the EU. The conference “Current developments in post-conflict reconstruction and stabilization” was held on Monday and yesterday in Bucharest, under the guidance of the Foreign Ministry, in collaboration with the European Commission and the EU Council.

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BUSINESS

NEWS IN BRIEF

Sonae Sierra loses over EUR 50 M after reevaluation of two projects in Romania

Portuguese commercial center developer Sonae Sierra lost more than EUR 50 M last year following the reevaluation of lands and works completed in southern cities of Ploiesti and Craiova, according to the company’s executive manager, Alvaro Portela, Mediafax informs. EUR 50 M was already spent. Construction works were started only at the complex in Craiova, but were stopped soon afterwards, despite the fact that 60-70 percent of the areas were booked. The other two projects were delayed. Banks are willing to finance less than 60 percent of the necessary investment to open a commercial center in the current economic conditions, according to Portela.

Funds for promoting wines of 2008/2009 campaign shall not be available to vineyard owners

The Romanian vineyard owners shall not be able to access EUR 425,000 to promote wines belonging to the wine campaign 2008/2009 to third countries because of the delays in drafting the terms of reference and the difficult terms required by banks, according to representatives of Ministry of Agriculture, Forests and Rural Development (MAPDR) and Association of Wine producers, APEV, quoted by The Money Channel. In the opinion of the representatives of the Directorate for market policies in horticulture and in food industry within MAPDR, the vineyard owners cannot submit applications to receive funding to promote wines in third countries, one of the reasons being that that the terms of reference have not yet been finalized.

Transgaz has a new board director

The Economy Ministry, the controlling stockholder of Transgaz Medias (TGN), yesterday named five new company administrators, as the mandates of some of the administrative board members expired. Victor Alexandru Schmidt, the company’s director, is also the new director of the Board of Administrators.

The new Transgaz board members are: Victor Schmidt, Mihai Busuioc, Mihai Albulescu and Ionica Raicu. The terms of Nicolae Turdean, Constantin Zidaru, Elena Ianda and Nicolae Simescu, who were appointed in March 2003, have expired. Same for the term of Transgaz general director, Ioan Rusu, yet his tenure was renewed.

‘The Chamber of 2009’ award for BRCC

The British Romanian Chamber of Commerce – BRCC was awarded the prize “The Chamber of the Year 2009”, which is an acknowledgement for the strong dynamics of the activity in the local market and, implicitly, for the development of the British business activity in Romania, according to those declared yesterday, for Agepres, by Anne – Marie Martin, CEO of BRCC. Other 30 organisations members of the Council of British Chambers of Commerce in Europe – COBCOE competed for this award.

Enescu & Cuc Law Firm-survey about foreign investors’ problems

Enescu & Cuc Law Firm has initiated an online survey targeted at foreign investors and their representatives in Romania in order to discover the problems they encounter in the country’s business environment. “Over 90 per cent of our clients are foreign companies doing business in Romania,” explains Mihai Cuc, a partner of Enescu & Cuc, in a press release. “A part of these investors encounter a variety of difficulties which discourages them to continue doing business here and to recommend the country to other investors.”

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