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April 18, 2021
SPORTS

NEWS IN BRIEF

Handball: Oltchim plays the grand final


Women’s handball team Oltchim Ramnicu Valcea plays away the first leg of its European Champions’ Legue final against Danish team Viborg HK. The second leg match will be played at Bucharest’s Polivalenta Hall May 15. Oltchim coach Radu Voina predicts the final will be fiercely fought, with the trophy winner to only be decided in the dying seconds of leg 2.


Cristi Chivu wins Italy’s Cup with Inter Milan


Internazionale Milan, the team of which Romanian international footballer Cristian Chivu is a player, defeated AS Roma 1-0 (1-0) to win Italy’s Cup at the Olimpico in Rome, with 60,000 people in attendance. Argentine striker Diego Milito scored the only point in the game, on 40 minutes. This is the 6th time Internazionale wins this trophy. Chivu, who played throughout the game, earned a yellow card on 47 minutes. Romanian goalkeeper Bogdan Lobont, with the AS Roma side, remained on the substitutes’ bench for the whole game.


League 1: Steaua – Astra 2-0


Steaua Bucharest was victorious 2-0 against Astra Ploiesti in the last leg of Romania’s top flight, and stands but three points behind leader CFR Cluj, whichj has a game in hand. Rapid’s goalless tie against Gaz Metan deprives the Bucharest team of almost any hope to play in the Europa League the next season. The result puts Andone’s players four points behind Dinamo. Universitatea Craiova lost its third game in a row, against Ceahlaul Piatra Neamt, 1-2, on the last minute of injury time. Pandurii Tg. Jiu and Poli Iasi drew 1-1.

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NEWS IN BRIEF

NATO chief meets President Basescu


NATO Secretary General Anders Fogh Rasmussen arrived in Romania yesterday for a two-day visit, at the invitation of President Traian Basescu. Rasmussen met the head of state at Cotroceni Palace in the evening, after ‘Nine O’Clock’ went to print, and both leaders were scheduled to hold a joint press statement after the talks. Rasmussen was then set to attend a special dinner at Cotroceni Palace. The visit takes place in the context of NATO’s preparations for the November summit in Lisbon, a press release from the presidential administration notes. On the second day of the visit on Friday, Rasmussen is scheduled to meet Defence Minister Gabriel Oprea and discuss NATO operations in Afghanistan and Kosovo, the alliance’s new strategic concept and other issues. The NATO chief is also set to have a meeting with Parliament speakers Mircea Geoana and Roberta Anastase.

CoE rapporteur: Romanian initiatives have to be compatible with EU laws


The Legislative in Bucharest needs an expert department to examine the compatibility between legislative proposals and the European legislation, in order to avoid Romania being sentenced by the European Court of Human Rights (ECHR), Christos Pourgourides, a rapporteur for the Parliamentary Assembly of the Council of Europe (APCE), said yesterday, after meeting Senate Law Commission Chairman Toni Grebla, referring to the implementation of decisions handed by the ECHR. Agerpres quoted the APCE official saying he learned there is political will to take measures aimed at improving the situation, so citizens feel they can find justice at local level and needn’t seek it in Strasbourg. Mr. Pourgourides also said there is a general feeling steps need to be taken towards increased public trust in the Romanian judiciary system, yet, when it comes to actually putting them into practice, a great deal of work still needs to be done, so that, in future, Romania will be increasingly less present in Strasbourg in this respect.

Court rejects Ionescu’s request to cancel arrest warrant


Bucharest Court of Appeal rejected yesterday Silviu Ionescu’s request to cancel the international arrest warrant issued in his name in the case of the Singapore car accident, in December 2009, which resulted in the death of a person. The court rejected the petition of Romania’s former charge d’affaires to Singapore, arguing such a request is out of the question. However, the ruling may be appealed at the high court.


Ionescu claimed, in court, that his rights was impaired, insofar as he was banned from leaving the country, arguing that Singapore authorities had taken this measure in his case to exercise pressures. Ionescu added he was persuaded he would not be tried in the case of the December 2009 accident, as prosecutors did not have the evidence to support charges against him.


On December 15, 2009, a car belonging to the Romanian embassy to Singapore hit three pedestrians. One of the victims, Tong Kok Wai, aged 30, sustained a head wound and died on Christmas day. Initially, the Romanian diplomat claimed the car had been stolen. The Singapore investigation showed, however, that Ionescu was driving the car when the accident occurred.

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BUSINESS

NEWS IN BRIEF

Oltchim’s losses rise by 1.8 in Q1


Oltchim Ramnicu-Valcea chemical plant closed the first quarter with RON 52.8 M losses, 1.8 times higher than the losses reported for the same time last year, amounting to RON 28 M, at a 15.7 per cent lower turnover, Mediafax informs. For the January to March interval, the company reported a RON 239.92 M turnover, 15.7 per cent below the records for the same interval in 2009, at RON 284.61 M. Total revenue ebbed by 26.7 per cent, at RON 234.11 M, compared to the first quarter of the preceding year, from RON 319.68 M, while total expenditure slumped by 17.5 per cent, from RON 347.78 M to RON 286.91 M. In its exploiting sector, Oltchim reported losses of RON 54.39 M, compared to the RON 5.24 M profit collected for the same interval in 2009.


Blue Air to launch flights on Timisoara-Constanta route


Blue Air low-cost company will operate, between June 15 and September 15, roundtrip flights on the Timisoara-Constanta route, at the rate of three flights a week, Mediafax informs. The flights will operate on Monday, Wednesday and Friday, and prices for a trip start at EUR 20, fees included. The plane to perform these flights will take off at 11:00 from Timisoara and land at 13:00 in Constanta, while the return flight is to take off for Timisoara at 13:30. The company also launched its summer flight schedule, including flights from Bucharest to Bologna, Milan, Turin, Naples, Vienna, Thessaloniki and Stuttgart. The low-cost operator will also offer flights from Sibiu to Cologne, Madrid and Valencia, as well as a flight from Bacau to Bologna.


Baumit opens third plant in Romania


The new dry mortar plant, a EUR 16 M investment, has a production capacity of 300.000 tonnes per year; Baumit representatives told a press conference yesterday. The unit will be located in Bolintin Deal, Giurgiu County. The new plant, together with the other two units owned by the company in Bucharest-Militari and Timis-Alba, will help Baumit reach a total production capacity of 650.000 tonnes per year. Laurentiu Lupusor, general manager of Baumit Romania, expects to sell this year a total of 200.000 tonnes, 15% of which will be exported. “We have another announcement to make: we have recently bought a quarry in Alba County so we have also entered the market of road construction materials,” said Lupusor. 2010 is the 15th year of activity for Baumit Romania, the company’s turnover for 2009 being EUR 31 M. Baumit’s total investments in Romania amount to EUR 35 M.


All P& G divisions in Romania post 2009 positive results


Procter & Gamble yesterday reported positive results in 2009 for all its four legal entities operating in Romania, according to the company’s press release. Procter& Gamble Distribution SRL announced a net turnover of EUR 279,993,511 and a net profit of EUR 6,337,067. Procter& Gamble Marketing Romania, the division coordinating marketing operations for Romania and seven more markets in the region, reported a net turnover of EUR 27,932,457 and a net profit of EUR 2,459,971 and a net yield of EUR 1,785,168. SC Detergenti SA logged a net turnover matching EUR 18,566,104 and a net gain equal to EUR 1,785,168. In its turn, Procter& Gamble Materials Management posted a net turnover of EUR 42,388,759 and an after-tax profit of EUR 5,204,090. The results have been the outcome of a consumer-focused development strategy and a consequence of its brand portfolio in Romania, including detergents, house and fabric cleaning products, cosmetic products, baby care and hygiene products etc. Over its 17 years of operations on the Romanian market, P&G has remained one of the major foreign investors involved in advertising, employee and development training, partnership education programmes with central authorities and other fields.

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