Udrea: Hotel owners will have the option to submit project applications for EU funding through Casa Verde


Hotel owners on the seaside shall have the option to submit project applications, in ten days, to receive funds for alternative heat energy sources through the program “Casa Verde”, with the aim of extending the tourist season, as Tourism Minister, Elena Udrea, said this Saturday in Neptun, according to Mediafax.


Udrea, who secures interim for Environment Ministry as well, informed this Tuesday that she was planning to extend by one more year the program “Casa Verde” in order to enable co-financing of private projects, the key beneficiaries being owners of hotels on the seaside. She explained that she has had several talks with hotel owners at the seaside who told her that they could not afford being open in months such as April, May, September or October, since the rooms have to be warmed. In this respect, the interim Environment Minister estimates that the whole budget of the program Casa Verde, amounting to RON 13 M, could be used even if not until end of 2009.


PCC accuse Ministry of Economy


The German company PCC, minor investor in Oltchim Ramnicu – Valcea (OLT), claims that the Ministry of Economy, major shareholder in the plant, has abusively withdrawn its right to be represented within the plant administration board, Mediafax informs. Oltchim shareholders approved last Friday the starting of the liability action against Waldemar Preussner and Wojciech Zaremba, former and respectively current administrator, on behalf of PCC, for actions against the company interests.


The decision was adopted “on the bases of not documents charges” to which PCC provided “itemized and legally documents answers”, as the German company claims in a press release. Constantin Roibu was mandated to pursue, on behalf and on the account of Oltchim, the actions required in court against Preussner and Zaremba. Alina – Eugenia Tirlea was appointed administrator replacing Zaremba.


On the other side, company Prochem Invest, former Oltchim MBO, established in 2008 by Oltchim (OLT) employees to participate in the privatization of the chemical fertilizer producer, was dissolved, the shareholders maintaining that the authorities have abandoned the intention to privatize the plant.


Constantin Toma leaves Omniasig


Constantin Toma, one of the most powerful persons from the insurance industry, general manager of Omniasig for 14 years, could give up this position soon, sources from the insurance market say. The information was confirmed by Vienna Insurance Group, Ziarul Financiar informs.


“Vienna Insurance Group is involved in negotiations with Mr. Toma to finalize his mandate at the end of this year,” said Alexander Jedlicka, in charge with PR, Vienna Insurance Group. Toma was elected on Thursday president of the group of firms that will manage the compulsory dwelling insurance, even if Omniasig, controlled by Vienna insurance Group, is not a member of it. The quoted sources say that this is how one of the most durable directors of a major insurance company from Romania, who practically contributed to the creation of a market of EUR 2 bln, will withdraw from the position of CEO of Omniasig.


The insurance market is EUR 1.26 bln. worth after seven months


The insurance market has reached RON 5.3 bln. after the first seven months of this year, according to the most recent data of the Commission responsible for Insurance Monitoring (CSA), following that in July, the insurers underwrote premia amounting to RON 759.2 M, by 8 per cent over the level reported in the previous month, according to the daily newspaper Ziarul Financiar. CSA started this year to ask the insurers for monthly reports regarding the gross underwritten premia, these reports being quarterly until 2008. the indemnities paid by insurers in July amounted to RON 468 M, by 9 per cent over June. Over the first seven months, the total indemnities amounted to over RON 3.4 bln.


“The market had a good evolution considering that it was growing as against the same time period of last year, even if it is not a two digit growth. Based on the talks we had wit the insurers, it seems that September was a better month than the others”, according to Angela Toncescu, CSA Chair.