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May 15, 2021
SPORTS

NEWS IN BRIEF

Romanian victories in European Judo Championship


Corina Oana Caprioru qualified, on Thursday, in the finals for the 57 kilos-weight category in the Vienna European Judo Championship. For the continental gold medal, the Romanian athlete will have to face Austrian Sabrina Filzmoser. Alina Dumitru also qualified in the finals, for the 48 kg-weight category, and is to face Eva Csernoviczki, from Hungary. In his turn, Dan Gheorghe Fisie (66 kg) will fight Austrian Andreas Mitterfellner, for the continental bronze medal.


Manchester United
is world’s richest club says Forbes



Manchester United is still the most valuable football club in the world, according to Forbes magazine, quoted by bbc.co.uk. The Premier League title holders, who came second in a list compiled by Deloitte in February, again topped the table ahead of Real Madrid. Forbes values United at £1.19bn($1.84bn), Real at £859m ($1.32bn), and Arsenal, in third, at £767m ($1,181m). It uses data on income streams such as broadcast rights, sponsorship and sales of tickets and merchandise.


Hanescu eliminated
in Barcelona



Romanian player Victor Hanescu has failed to qualify for the last-16 stage of the ATP tournament in Barcelona, being defeated by Brazil’s Thomaz Belluci, score 2-6, 6-1, 5-7. Being the tournament’s top seed 13, Bellucci easily won the first set but the Romanian player came back and took the second set. Bellucci won the decisive set, score 7-5, and qualified for the last-16 stage where he will play against Spain’s Guillermo Garcia-Lopez .

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BUSINESS

NEWS IN BRIEF

CFR launches trains
for youth



Railway authority CFR Calatori has introduced discount tickets for the May Day mini-holiday, HotNews reports Transport Ministry as announcing. The ‘Youth Trains’ offer is available April 29 through May 3rd and is aimed at youth under 26 going to travel to/from the seaside by ‘Youth Trains’ between Constanta and Mangalia. The 20 per cent discount applies to second class travelling and does not cover the seat reservation charge of 2.4 RON. CFR will also apply discounts of 25 to 30 per cent for groups of 10 to 50 people travelling second class. The offer does not apply for individual youth or groups of youth who already benefit from other discounts.


‘Cash for clunkers’
programme gets 50,000 more vouchers



The government will supplement the ‘Cash for clunkers’ programme by 50,000 more vouchers, by a resolution to be adopted next week, Minister of Environment Laszlo Borbely told a press conference yesterday, adding the 2010 edition of the government programme is a “spectacular” one, Mediafax informs. Of the 110,000 vouchers printed so far for the programme, 105,000 are destined for individuals and 5,000 to firms.

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BUSINESS

NEWS IN BRIEF

Romania, EU’s 8th biggest budget deficit as GDP percentage


Romania last year reported the eighth largest budget deficit as percentage of the GDP in the European Union and is among the member states with the lowest public debt levels, reads an Eurostat release cited by Mediafax. The EU states with the biggest budget deficits as percentage of the GDP are Ireland (14.3 per cent), Greece (13.6 per cent), Great Britain (11.5 per cent), and Spain (11.2 per cent). No member sate reported a budget surplus in 2009. The lowest deficits were registered in Sweden (0.5 per cent) Luxembourg (0.7 per cent) and Estonia (1.7 per cent). The budget deficit in 2009 decreased as percentage of annual GDP in only two of the member states: Estonia and Malta, with the remaining 25 posting an index growth.


Wind farm construction permit issued in 15 months


In a list of EU member states by time required for obtaining necessary permits and authorizations for the development of a wind farm, Romania occupies the third position, with procedures here being three times as fast as the EU27 average. To develop a wind farm in Romania, an investor needs to allow for an average of 15 months to procure all necessary authorisations from the 13 relevant authorities, reads a Wind Barriers report funded by the EU and co-ordinated by the European Wind Energy Association.


Vodafone Romania to launch 3G services in 900 MHz frequency band


This coming Wednesday, Vodafone Romania is having a nationwide launch of its 3G communications services using the 900 MHz frequency band specific for the GSM technology and plans to expand portfolio of subscriptions giving access to mobile broad-band internet, a press release informs. Vodafone Romania’s announcement comes after a decision adopted by the National Communications Regulator (ANCOM) in February, allowing Orange Romania, Vodafone Romania and Cosmote Romania to also provide 3G and mobile broad-band data services using the 900 MHz and 1,800 MHz radio frequency bands that, until now, have been reserved for GSM communications.

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CFR and Bucharest Mayor’s Office to build tram stop with access to North Railway Station

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Bucharest finally gets wastewater treatment plant

BUSINESS

NEWS IN BRIEF

Banks’ association
opposes personal
bankruptcy law



The Romanian Banks’ Association (ARB) received a “first favourable signal” on the personal bankruptcy law, after the Economic Policy, Reform and Privatisation Committee in the Chamber of Deputies rejected the bill, the chairman of the association, Radu Ghetea, stated yesterday. According to Mediafax, Ghetea added that banks reconfirmed their stance on this bill within the association’s shareholders assembly, arguing it was not the time to introduce such a law. “In Romania, the present situation and all elements prevent the implementation of such a law,” Ghetea said. The ARB chairman reiterated that the Romanian banking system is solid and does not need such an “account”, amounting, by banks’ estimations, at EUR 600 M. Senators adopted, on March 23, a bill on the insolvency of natural persons, which was initiated by Democrat-Liberal Party senators, but supported by all parliamentary groups in the assembly.


BCR raises social capital


Shareholders of the Romanian Commercial Bank (BCR) approved, yesterday, raising the bank’s social capital up to RON 1.03 bln, by including RON 237.7 M from the net profit obtained in 2009. Moreover, shareholders voted the present Monitoring Board for a new, three-year, term, Mediafax informs. The raising of social capital is operated by raising the current 1 RON/ share nominal value to RON 1.3/ share. BCR, the biggest Romanian bank, is the property of the Austrian group Erste.

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