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August 15, 2022


Canoeing-Kayaking: Three world medals
for Romania

Romanian athletes have won three medals (1 Gold, 1 Silver and 1 Bronze) at the Duisburg Regatta, a competition that counted for stage 3 of the Canoeing-Kayaking World Cup. Romania finished on 9th place. Germany topped standings with 12 Gold medals, 5 Silver medals and 2 Bronze medals, followed by Great Britain with 3 Gold medals, 1 Silver medal and 3 Bronze medals. Romania won the Gold medal in the men’s K-4 race (Mihai Simion, Florin Comanici, Silviu Simioncencu, Nicolae Bogdan). Poland finished on second place and Canada on third. Romania’s Liviu Dumitrescu and Victor Mihalachi won the Silver medal in the men’s K-2 race (500 meters). The race was won by Azerbaijan, with Poland finishing on third place. The two Romanians also finished on third place in the 1,000-meter race won by Germany. Azerbaijan finished on second place.

Women’s handball: Powerful opponents
in EC

Romania will play in Group A alongside Spain, Denmark and Serbia in the European Championships scheduled at the end of this year. The top three teams will qualify for the next stage of the competition (main groups). Group B: Russia, Montenegro, Iceland, Croatia; Group C: Germany, Netherlands, Sweden, Ukraine; Group D: Norway, Slovenia, France, Hungary. The European Championships will be hosted by Denmark and Norway from December 7 to December 19.

Boxing: Selcuk Aydin defeats Jo Jo Dan

Last week-end Romania’s Ion Ionut (Jo Jo Dan) lost his bout against Turkey’s Selcuk Aydin in Istanbul. The bout took place in front of 9,000 fans and counted for the interim title of the WBC semi-middleweight category, Mediafax informs. Nicknamed ‘Mini Tyson,’ Selcuk defeated Ion Ionut who was forced to box in a higher category (he usually boxes in the super-lightweight category). Aydin won the bout on points; this was Ion Ionut’s first defeat in his boxing career.

New teams enter League I

Sportul Studentesc will play in League I next season after defeating Gloria Buzau in League II, score 2-1. The Regie-based “wild bunch” will return to League I after a 4-year absence. Sportul will be the fourth Bucharest-based team in League I. Victoria Branesti and FCM Targu Mures have also secured a place in the top league, while Dacia Mioveni and U Cluj will fight for the fourth ticket to League I. FCM Targu Mures qualified thanks to its 2-1 win against Muresul Deva. With 66 points in the League II standings the team coached by Adrian Falub has secured its qualification for League I one leg before the end of the League II season. FCM Targu Mures was established in 2005.

World Champion Extends Hammer Throw Mark

The Polish world champion Anita Wlodarczyk broke her own women’s hammer world record with a throw of 256 feet 11 inches (78.30 meters) in Bydgoszcz, Poland, the International Association of Athletics Federations reported. Wlodarczyk, 24, surpassed the record of 255-9 (77.96 meters) she set in winning last year’s world championships in Berlin. Her record throw came on her third attempt at the European Athletic Festival.

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Holiday bonuses of almost RON 4,000, at ANI

A department head at the National Integrity Agency (ANI) and a higher integrity inspector received, in April, holiday bonuses of almost RON 4,000, according to statistics of incomes made by employees of the institution in April. The highest portion of the four holiday bonuses granted by the institution was claimed by a higher integrity inspector, who took home RON 3,936, while the department head received RON 3,888. The highest income at ANI in April went to the president, Catalin Macovei, who earned RON 8,415. The salary of the secretary general, Horia Georgescu, amounted, in April, to RON 5,117, below that of a general director, a director and even below the wages of some department heads. The wages of integrity inspectors range from approximately RON 1,700, earned by the lower employees, to approximately RON 4,000.

Hrebenciuc complains that cell phones are jammed at PSD

Social-Democrat Party (PSD) deputies’ leader Viorel Hrebenciuc told party leader Victor Ponta, at the beginning of the National Standing Bureau meeting, that he needs a signal on his mobile phone to be able to summon MPs at a group meeting, after the party leader had made a request to this effect. Ponta stated, at the beginning of the PSD Standing Bureau meeting, that the party is in for “an incendiary week” and asked the two parliamentary group leaders, Ion Toma and Hrebenciuc, to summon senators and deputies to a joint meeting, as soon as possible. “Provided there is a signal”, Hrebenciuc replied, and Ponta assured him he would fix the problem. At PSD’s central office on Kiseleff, as well as in the yard of the building, phone signal is constantly jammed on Monday morning, during the party’s Standing Bureau meetings, Mediafax news agency writes.

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President Basescu meets Enel head

President Traian Basescu yesterday met with ENEL S.p.A Chief Executive Officer and General Manager Fulvio Conti, at Cotroceni Palace, according to a pres release. The head of state congratulated the investment plan of the Italian group in Romania, for EUR 700 M, a sum which he said that is impressive for the current period of economic crisis. Since the beginning of the year, ENEL has concluded agreements worth a rough total of EUR 100 M for grid refurbishment works in Banat, Dobrogea and South Muntenia, including the Capital Bucharest, part of a total investment of EUR 700 M spanning five years, the company announces.

April net average salary down RON 73 from March

The net average salary in April matched RON1,436 , down RON 73, 4.8 per cent, against March, according to a release by the National Institute of Statistics (INS). The banking sectors posted the highest salaries – RON 3,260, up 4.5 per cent from those in the hotel and restaurant sector, RON 803. April salaries in most of the economic sectors were lower compared to March, when incomes were boosted by annual bonuses, the 13th salary for 2009, the Easter bonus, along with net profit-derived amounts and gift vouchers. Underproduction, temporary unemployment and financial straits also contributed to April pay being lower than March’s. The sharpest decline was reported by the tobacco industry, financial brokerage, superior and inferior coal extraction and crude petrol and natural gas extraction sectors. January-April household electricity consumption was up 2.4 per cent compared to the earlier-year period, while overall consumption exceeded 17.23 bln KWh, down 2.2 per cent from the first four months of 2009, amid lower output.

January-April debtor number fell slightly

The number of bank loan-takers who owe loans of minimum RON 20,000 from at least two banks or non-banking financial companies (NBFCs) fell 5.6 per cent in late April, from 123,843, legal entities and private individuals, to 116,92, according to data from the National Bank of Romania (BNR) quoted by Mediafax. The number peaked late last year, after NBFCs reports were included in the count, according to data supplied by the Bank Risk Department (CRB) of the Central Bank. Also, the number of debtors who owe in excess of RON 20,000 dropped by over 1 per cent, to nearly 975,000 private individual and companies. The debtor rate fell 3.7 per cent from April of 2009. The number of loan debtors, private individuals and companies, came to 215,671, up 6.95 per cent in April, against December, and nearly 17 per cent, from a year ago, accounting for more than 22 per cent of the overall debtors. The loans given out and pledges made by credit institutions amounted to RON 254.7 bln in April, slightly up from the end of 2009 and the similar month last year.

January-May company mergers and acquisitions up 67 pc

The fusions and takeovers of enterprises in Romania totalled EUR 211 M during January through April of this year, up 67 per cent from the year-earlier period, according to a survey conducted by Capital Partners, Mediafax cited Doru Lionachescu, Capital Partners principal partner, having told a press conference yesterday. According to the Capital Partners study, the number of transactions was up 60 per cent, with 33 takeovers being concluded. Last year, the market amounted to roughly EUR 1 bln.

Betting establishments go on strike today

Betting establishments will be closed starting Tuesday, to protest against the government’s decision to remove the threshold of RON 600 under which gambling winnings were not taxable income, Dan Matei Agathon, Spokesman for the Alliance of Employers’ Confederations of Romania (ACPR), states, according to a press release. He explained that, starting today, a total of 1,455 betting establishments representing 96.7 per cent of the total. ‘The protest action aims at making government aware of the fact that small winnings’ overtaxing can only lead to unemployment, lesser revenue for the state and would encourage illegal betting,’ Agathon said. He explained that the tax exemption threshold being abrogated would translate into state budget losses of about RON 4.9 M. An impact study by the Association of Betting Organisers in Romania shows a similar measure, adopted in 2005, brought about 47.5 per cent lower revenues for betting houses on average, and a 30 per cent decrease in the number of agencies. Nearly 70 per cent of revenues go back to gamblers as winnings, and 70 per cent of those are amounts smaller than the non-taxable threshold of RON 600.

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