ARTS & LEISURE

NEWS IN BRIEF

Romanian director receives awards
in Berlinale shorts



Director Adrian Sitaru has won the DAAD award ( the German service for academic exchange) in a Tuesday evening gala during the festival The award will consist of a three month scholarship in Berlin. Sitaru vied in the short film competition with “The Cage,” the story of a boy who finds a sick sparrow and tries to persuade his parents to keep the wounded bird at home. Adrian Sitaru is one of the best Romanian shorts directors. In 2007 he won the Golden Leopard trophy in the Locarno Film Festival. He is also the author of “Sports Fishing,” awarded in Salonic and Estoril.


Another shorts director vying in the same category this year was Paul Negoescu with “Derby.”


Tickets for The Cranberries concert,
on sale



The event that will bring in premiere on a Romanian stage the famous Irish band The Cranberried will be hosted on July 20 by the Rugby stadium Arcul de Triumf. According to organizers the tickets are on sale as of yesterday, for prices ranging between RON 120 and 190. Tickets can be found online and in the Eventim network shops, such as Carturesti, Humanitas and phone shops Germanos and Vodafone. After six years’ of Sabbatical absence from stages, one of the ‘90s sensation bands is back to music as 2009, this year touring throughout Europe and US to celebrate the launch of a new album.

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Social

NEWS IN BRIEF

Turkish terror suspect caught in Bucharest


A man from Turkey, under international pursuit for joining a terrorist organization was identified in Bucharest. He was captured further to an action organized by officers from the Monitoring Office of the Romanian General Police Inspectorate, in District 3 of Bucharest, according to a press release of the Police, quoted by Agerpres. The man will be presented at Prosecutor’s Office of Bucharest Court of Appeal and, subsequently, to court which, according to the legal regulations in effect regarding the international judicial cooperation in criminal matters, will rule over his remanding in view of extradition.


240 kilograms pregnant woman transferred from Craiova to Bucharest


A woman from Draghiceni commune, Olt County, who is seven-months pregnant and weighs 240 kilograms, was transferred yesterday from the Craiova Emergency Hospital to the University Hospital in Bucharest because the former has no operating table capable of supporting the young woman’s weight. The 25-year-old woman was taken to the Craiova Emergency Hospital several weeks ago. ‘We did build a special consultation table for her. Unfortunately, the operating table cannot support more than 170 kilograms. She is in good health, however there could be complications after she gives birth,’ Dr. Nicolae Cernea stated. According to the aforementioned source, her case could be unique in Romania.

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BUSINESS

NEWS IN BRIEF

Intesa Sanpaolo Bank cuts retail credit interest


Intesa Sanpaolo Bank, a subsidiary of the Intesa Sanpaolo Group, is cutting retail mortgage loan interests in RON and in EUR, according to a press release. The bank operates amendments on its range of loans for individual customers both in terms of interest rates and with regard to relaxing EUR financing criteria. ‘Having offered the most attractive interest rates on saving deposits on the market last year, Intesa Sanpaolo Bank now pursues a major growth on the lending market as well. We are confident that the local economy will resume its growing trend this year when credit is expected to be one of the main growth drives’ Intesa Sanpaolo Bank Deputy CEO Riccardo Parasporo states.


The current interest margin for EUR of Intesa Sanpaolo Bank is 6.10 per cent – mortgage loans and 7.10 per cent – secured personal loans – plus the 3-month interbank interest rate Euribor. With regard to the bank’s loans in RON, the bank’s interest margin is 3 per cent – mortgage loans and 3.25 per cent – secured personal loans, on top of the 3-month interbank interest rate Robor.


CMU: The biggest transaction on the private medical service market


Unirea Medical Center (CMU) has finalized this month the sale of a majority participation of 80 per cent to the investment fund Advent International. This is the biggest transaction on the private medical service market from Romania, stresses a press release. CMU initiated the process of choosing an investor five months ago, when 12 investors interested in the transaction joined the race. Until the completion of the transaction, CMU shareholding has divided between the investment fund 3i, which held 49 per cent of the titles, and the cardiologist Wargha Enayati, who held the majority package of 51 per cent. Further to the takeover of 80 per cent of CMU shares, the remaining 20 per cent will be held by the medic Wargha Enayati.


“The investment budget of EUR 30 M that we allot will go first of all to the opening of the first greenfield hospital specialized in surgery from Bucharest, an investment of EUR 12 M, and also to a range of important projects that we plan for the period 2010-2011,” Dr. Wargha Enayati, general director Unirea Medical Center, declared. CMU registered in 2009 a growth of 72 per cent of the turnover, reaching a value of RON 69.5 M, being the most spectacular rise in the market of the private medical services, the center states.


MTI: RON M 53.49 for expropriations on Bucharest-Ploiesti expressway


Transport and Infrastructure Ministry (MTI) will pay additional damages of RON M 53.49 for the expropriation of some estates with a total surface of 767,270 sq m, which are on the location of the construction of Bucharest-Ploiesti expressway segment.


The additional damages have to be paid further to the modification of the technical project and will be financed from the state budget, Mediafax informs. The total surface which remained to be expropriated corresponds to 967 estates.


The value of the damages for expropriation on Bucharest-Ploiesti segment rises so far to RON 61.53 MN, according to a draft governmental resolution worked out by the Transport and Infrastructure Ministry. MTI will transfer the established amount into the account of the National Expressway Company from Romania within maximum 30 days as of the date when the funds were requested. The finalization of the two segments is scheduled for 2010, except for the first 7.5 km.

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BUSINESS

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EC to disburse next loan instalment to Romania in March


Romania will receive the next EUR 1 bn instalment of its loan under the agreement with the European Commission at the beginning of March, according to a recent ECOFIN decision. ‘The finance ministers have approved the revised decision on granting the loan to Romania in view of supporting the medium-term balance of payments and the Council Recommendation (according to art. 126.7) for the correction of Romania’s excessive deficit. (…) In what regards the medium-term financial assistance, following the adoption of the new Decision, Romania will get its next loan instalment of EUR 1 bln at the beginning of March’ a communiqué of the Ministry of Public Finance reads.


Romania,
second in EU subject
to tax evasion level



Romania ranks second in the European Union, after Italy, subject to the level of tax evasion, which accounts for 42.4 per cent of the taxable revenues in 2009, according to a survey made at the request of the Association of the Italian Taxpayers, Mediafax reports. In Italy, the level of tax evasion was 51.1 per cent last year, according to the survey made by KRLS Network of Business Ethics for the nonprofit organization of the taxpayers from Italy.

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BUSINESS

NEWS IN BRIEF

Transgaz net profit up 24.7 pc last year


Transgaz Medias (TGN) obtained last year a net profit of RON 298.06 M (EUR 70.3 M), up 24.7 per cent over the increase from 2008, for 7 per cent bigger revenues of RON 1.25 bln, as a result of the growth of gas transport tariffs and the international transit ones, Mediafax informs. For 2008, the company reported a net profit of RON 239 M and total revenues of RON 1.17 bln. The expenditures of the state company increased 0.7 per cent in 2009, from RON 890.74 M to RON 897.73 M, as a result of the increase of the expenditures involved with the amortization of the fixed assets, as a result of the reevaluation of the lands and constructions, and also by commissioning some investment objectives in 2009, according to the report regarding the preliminary results of Transgaz conveyed on Wednesday to Bucharest Stock Exchange.


New 110/20 kV
transformation station put into service at Dej



FDEE Transilvania Nord and its partners Siemens Romania and general designer SISE Transilvania Nord – AISE Oradea have developed a new 110/20kV transformation station in the southern part of the Dej city, Siemens informs by press release. ‘The area development by the emergence of new industrial consumers including the Dej Industrial Park (Cortusa, Fukijura, Treleborg), as well as major existing major consumers in the Salina Ocna Dej region (Metalic Plast, Rombio, OTK) to us are positive signs announcing more electricity demand in the area. Based on our analyses, it is already a certain fact’, reads the press release. The dismantling of overhead power lines and their introduction into underground cables are part of the concept for the reduction of the visual polluting impact aerial lines have upon the environment. It is a new vision and a new and very important concept for environmental protection to be further developed by the Transilvania Nord Electricity Distribution Subsidiary.

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POLITICS

NEWS IN BRIEF

Ghimpu: R. Moldova will never unite
with Romania



The Republic of Moldova will never unite with Romania, Moldova’s interim President Mihai Ghimpu stated yesterday, being quoted by ‘Romania Libera’ daily. ‘When we’re talking about the Romanian language that doesn’t mean the Republic of Moldova will unite with Romania. There will never be a union with Romania,’ Ghimpu stated, according to RIA Novosti. There are very influential forces in Moldova that plead for a union with Romania, but there is also a powerful opposition to the ideas that could lead to the Republic’s loss of sovereignty, RIA Novosti notes. ‘It became clear during Traian Basescu’s visit to the Republic of Moldova that no union with Romania is possible. The Republic of Moldova is a sovereign state. The speculations on the union with Romania should be forgotten. Now we have to deal with the economy most of all,’ Ghimpu said.

FM Baconschi
met Francophone ambassadors



Foreign minister Teodor Baconschi participated yesterday in a working breakfast organized by the Ambassador of France, Henri Paul, where he discussed about the events which will mark the International Day of the Francophonie, on March 20, the Foreign Ministry informs, quoted by Agerpres. The meeting was attended by chiefs of some Francophone diplomatic missions and representations from Romania, and by the directors of the regional bureaus for Central and Eastern Europe of the International Organisation of the Francophonie (OIF) and respectively the University Agency of Francophonie (AUF) with headquarters in Bucharest. During the discussions occasioned by the 40th anniversary of the International Organisation of the Francophonie which is due soon, the participants approached aspects connected with the events that are to be organized on March 20 by the Foreign Ministry in cooperation with the embassies of the Francophone states, and reviewed the preparations for the XIII Summit of the Francophonie that will be hosted by Switzerland, in Montreux, during October 22-24.

New border strategy under public debate


The Interior Ministry yesterday revealed the country’s new border management strategy for the next couple of years, which also covers the Schengen pre-accession period. The strategy will be under public debate until March 2. The ministry said national border strategies require regular updates, based on the dynamic of European standards in the field and internal realities. One of the main changes brought to the strategy is the fact it was divided into four filters: activities in third countries, international cooperation on border issues, control and surveillances of state borders, specific activities on national territory. The new strategy also covers the Schengen area pre-accession period in its entirety and a plan to relocate border police after Romania’s Schengen accession and the measures that will be taken in compensation of this measure on national level.

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