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July 23, 2021


Football: Barcauan returns to Dinamo

Fullback Cosmin Barcauan took part on Thursday morning in the medical checkups alongside Dinamo Bucharest’s other players at the National Institute of Sports Medicine. The player pointed out that he will sign for Dinamo, with the contract’s length yet to be established. Barcauan (31) played for Dinamo before (2002-2004 and 2005-2006). In recent years he played in Greece’s championship for PAOK Thessaloniki and OFI Crete. ‘I’m glad to return to Dinamo. I’ll probably sign the contract before the summer; we haven’t established its length yet. I’ve had other offers too, however the best of them came from Dinamo, the team with which I tasted glory,’ Barcauan stated for Agerpres.

Romania 4 – Slovenia 4

Romania’s national futsal team draw in its friendly game against Slovenia on Wednesday in Tolmin (Slovenia), score 4-4, the Romanian Football Federation informs. Romania’s goals were scored by Florin Matei (2), Ion Al-Ioani and Marian Sotarca. Romania’s national futsal team is in Slovenia from January 11 to January 15 where it will play two friendly games against the host nation’s team. The second game took place yesterday at 7.30 PM.

Russia wins world chess championship

The Russian men’s national chess team has won the world title in Turkey, being followed by the US and India in the final standings. Apart from Russia, Brazil, Egypt and India, the tournament also consisted of continental champions, of the top three teams in the Chess Olympics (Armenia, Israel and the US) as well as three teams that won the wild card (Turkey, Azerbaijan and Greece).

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Car burns down in Bucharest city centre

A taxi caught fire in the Victoriei Square in Bucharest yesterday morning. Several other motorists went to help the taxi driver with fire extinguishers without success. ‘I notices the flame at one of the wheels while I was driving, a very tiny flame. I intervenes using the fire extinguishers. I had three passengers in the car, two adults and a child. We all got out in time. The car had no technical faults’ said the driver. The causes of the fire remain unknown. ‘After the fire is put out, we will investigate into the causes of the incident’ Bucharest Police spokesman Christian Ciocan said, according to Mediafax.

The fire rescue teams acted with two fire engines using water and foam, accompanied by a SMURD ambulance. The vehicle was 90 per cent damaged. No one was hurt. The apparent cause of the fire is a short-circuit.

Crushed by the train at Golesti, Vrancea County

Maricel R, aged 39, from Vorona, Botosani county, died crushed by the train close to Golesti, Vrancea county, Realitatea TV informs. The body of the man was noticed Wednesday morning, by 6.00 o’clock, by the mechanic of the locomotive of passenger train 5058, who announced TF Focsani Police. The victim had been allegedly hit by several trains because pieces of his body were scattered within a radius of 100 m.

Suspect of ATM robberies in Bucharest remanded

Four persons, a woman and three men, are investigated by the Criminal Investigation Office from Police Section 1 for robbery, the victims being persons from Bucharest who were withdrawing money from ATMs.

According to Christian Ciocan, spokesman of Bucharest Police, quoted by Agerpres, the suspects, aged between 28 and 33, have allegedly dispossessed three women of money last December.

The police officers dealing with the case will formulate a proposal of preventive arrest of the suspects, for robbery and aggravated theft. Robbery is punished with prison from 3 to 15 years.

Roma illegally occupying a house in London ask 2,000 pounds to leave

The family of Roma who moved illegally into the house of a British family in London, requested the owners 2,000 pounds to leave; they were subsequently evicted through court order, Daily Mail, quoted by Mediafax, informs. The Romanians requested 2,000 pounds from the British, saying that this was the amount paid by them to a man who pretended to be the lawful owner.

They were however evicted through an injunction, on Wednesday at noon. The family of Romanians moved illegally into the house of the British from London, before Christmas, after the owners had left temporarily their house during the rehabilitation works. The Romanians, three adults and seven children, who had changed the lock of the house door, had already brought their own furniture.

Craiova teacher found hanged

A 37-year old teacher of Informatics at the Ion Mincu High School in Craiova was found hanged in her family’s holiday home in the Pielesti village, Wednesday night. No note was found on her.

Mediafax informs the body was found by a neighbour who reported the event to 112. The Police and Coroners went there immediately. The teacher was married and had two children aged seven and ten. Investigators say she was receiving treatment for neuropsychiatry conditions.

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SME funding programme from Alpha Bank with EIB loans

Alpha Bank Romania contracted a EUR 50 M loan from the European Investment Bank for the financing of small and medium-sized companies. The loans to be granted within the programme are addressed to priority investment in infrastructure, energy, environment protection, industry, health and education, according to a press release. The maximum value of a loan in the programme is EUR 12.5 M and the maximum project cost is EUR 25 M. ‘The SME sector is a strategic priority for Alpha Bank Romania. The bank has implemented a dedicated approach of active customization and expansion of its range of products and services for the development of SMEs. Through the new EIB loan, Alpha Bank will continue its strategy of supporting Romanian entrepreneurs,’ said Sergiu Oprescu, CEO Alpha Bank Romania. So far, over 700 entrepreneurs have received amounts borrowed by Alpha Bank Romania within the EBRD SME funding facility.

ANAF filed over 2,400 criminal notices last year

The National Agency for Tax Administration (ANAF) conveyed last year to the criminal pursuit authorities over 2,400 notices for a total prejudice of around RON 2.82 bn, the president of the Agency, Sorin Blejnar, declared yesterday. The value of the prejudice represents the equivalent of 0.6 per cent of GDP in 2009. Blejnar mentioned that the verifications targeted among others the real estate transactions made by natural persons, the trade with cereals, the vegetable and fruit sector, and the bakery products.

ING: BNR could have to intervene if the Leu appreciates too much

The National Bank of Romania (BNR) could have to intervene and devalue the Leu if the currency significantly appreciates against the Euro, up to a level detrimental to the economy, consider the experts of ING Bank, quoted by Mediafax. “If the RON significantly increases against the EUR, due to a high yield and to an improvement of the global appetite for risk, the economic output might be put at risk,” writes an ING analysis. The bank anticipates an exchange rate of 4.15 RON/EUR at the end of the first quarter of 2010. The reference exchange rate calculated by BNR slightly increased Thursday, by 0.71 bani, to 4.1286 RON/EUR, following four consecutive sessions when the Romanian currency appreciated. According to dealers, the evolution was determined by a high demand for Euro from commercial clients.

Special Rosia Montana commission set up at Environment Ministry

Environment Minister Laszlo Borbely has decided to set up a special commission at the ministry to deal with the Rosia Montana matters, ‘Gandul’ daily informs. Laszlo Borbely has met with the Rosia Montana Gold Corporation (RMGC) representatives who want to start the gold mining project in the Western Mountains. The minister committed himself to holding talks with NGOs opposing the RMGC development and to personally visiting the place by the end of March. The mining project at Rosia Montana is a controversial one, the opponents mainly bringing environmental arguments. Canadian company Gabriel Resources owns 80 per cent and, State 19.3 per cent (via Mininvest Deva) and other shareholders 0.7 per cent of RMGC.

Micro enterprises to pay 16 pc profit tax or lump-sum tax

Micro enterprises will be taxed the 16 per cent flat rate or the lump-sum tax without having the option of paying 3 per cent revenue tax, Mediafax reports. ‘On January 1, the differential taxing system applicable to microenterprises – the 3 per cent revenue tax – was scrapped and replaced by a choice between 16 per cent profit tax or lump-sum tax’, said Finance Minister Sebastian Vladescu. During its debates on the draft budget law, the Parliament rejected an amendment made by PNL Deputy Daniel Chitoiu for the extension of the option. Up until the end of 2009, microenterprises had a special taxing system giving them the option between a profit tax and a revenue tax which had been progressively increased to 3 per cent over the recent years.

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Pharmaceutical market under competition authority’s scrutiny

The Competition Council and the National Drug Agency (ANM) have concluded today a protocol of co-operation for ensuring and promoting competition on the market of drugs for human use, ‘Capital’ reports. The protocol was signed by CC President Bogdan Chiritoiu and by ANM President Daniel Boda. The document sets forth ways in which the two institutions will co-ordinate their work for a unitary enforcement of general competition legislation and of specific laws, for an efficient operation of the sector, including with regard to the needed changes of legislation.

The implementation of the protocol will be carried out by joint expert teams, by market research work necessary to both institutions, in the form of studies or analyses of the market or by a wide-scale publicity of the relevant legislation, measures and action in connection with the competitive environment.

Over 8 million new users have access
no. 118 800 now

The register of subscribers and the service of information regarding subscribers became accessible for Cosmote, Zapp, RCS&RDS and Atlas Telecom clients, as a result of the new interconnection agreements between InfoClick and operators, the supplier of 118 800 phone service announced yesterday, Mediafax informs. “Practically, over 8 million new users can now access 118 800 as a result of the new interconnection agreements. The number can be called also from Vodafone, Orange, Romtelecom and UPC networks,” reads an InfoClick press release. The subscriber register includes the most extended data base from Romania, including contact details of the private users and companies (including the users of prepaid cards), which accept this.

Heineken to close down beer factory in Hateg

Heineken Romania will close down its beer factory in Hateg and will transfer its production to the company’s other factories located in Miercurea Ciuc, Targu Mures, Craiova and Constanta, with the measure set to lead to the sacking of almost 100 employees, Mediafax informs. ‘The decision to transfer the production from the factory in Hateg to the other factories was taken in the current economic circumstances in view of optimizing the production and of strengthening Heineken’s position in Romania on the long term. Unfortunately, this will lead to the loss of 98 jobs,’ a Heineken communiqué reads. The company points out that it will offer financial compensation packages to the sacked employees and that it will open a center for reskilling in order to offer professional support and special assistance. Heineken also points out that the decision was taken ‘following a very careful analysis of all options, taking into account the interest of the whole company and of its entire employees.’

Swisscom sold division from Romania

The Swiss company Swisscom sold the division from Romania, the company Airbites, to the local RCS&RDS group, Ziarul Financiar informs. Airbites has several tens of thousands of clients on TV and Internet. The company had launched in 2008 IP TV services (through Internet) in Bucharest and Iasi and planned to extend the coverage also to the other four cities in which it had developed the network (Roman, Bacau, Onesti and Barlad). Airbites registered a turnover of EUR 2.9 M and a net loss of EUR 8.5 M in 2008. RCS&RDS registered affairs of EUR 387 M in 2008.

Moody’s estimates slight economic growth
of 0.5 pc in Romania in 2010

The rating agency Moody’s estimates a slight growth of the Romanian economy of 0.5 per cent this year and a budgetary deficit of 6.8 per cent of GDP, according to the most recent report regarding the Sovereign Rating Perspectives in Europe. In September, the financial rating agency anticipated an economic advance of 1.2 per cent and a budgetary deficit of 5.6 per cent of GDP. Moody’s notes that the states which concluded funding agreements with the international financial institutions fall within several categories, Romania being in the third category of the countries where there are implementation risks, alongside Bosnia and Ukraine. The authorities of the states from this category, which entered the crisis with a relatively poor financial situation, must convince the population that the main priority should be the settlement of the economic problems. On another hand, Moody’s appreciates that Hidroelectrica rating could be significantly affected. Some of the factors are the unfavourable evolution of the prices, the erosion of the market share, the significant growth of the indebtedness degrees, and possible “inconsistent, socially or politically motivated, decisions” of ANRE. Nevertheless, the rating of the company could be influenced also positively if Hidroelectrica succeeds to maintain its current, solid financial profile, making at the same time a good progress in terms of modernization of the base of assets and successfully finalizing the investment programme. On Wednesday, Standard&Poor’s announced it may upgrade Romania’s credit rating outlook, currently negative, as the Parliament is getting ready to pass the 2010 budget, a move that may trigger a new tranche release from the EUR 20 bln international loan.

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