SPORTS

NEWS IN BRIEF

Tennis: Sorana Cirstea defeats Schiavone


Romanian tennis player Sorana Cirstea has qualified for the second round of the women’s international grass court tournament in Eastbourne (England), a tournament with total prizes worth USD 600,000, after defeating Italy’s Francesca Schiavone (top seed 2, winner of the Roland Garros tournament), score 7-5, 6-3. With this result Sorana Cirstea has secured a check for USD 8,000 and 60 WTA points. In other developments, Romanian tennis players Simona Halep and Monica Niculescu have won their first round games at Wimbledon. Simona Halep defeated France’s Yulia Fedossova, score 6-7 (8-10), 7-6 (7-2), 6-2, and will next play against Belarus’s Anastasia Yakimova. Monica Niculescu defeated Britain’s Jocelyn Rae, score 6-3, 6-4, and will next play against Russia’s Vitalia Diatchenko.


European beach
volleyball championship in Mamaia



The first edition of the CEV Satellite Beach Volleyball Championship will take place on June 16-20 on Mamaia’s Cazino Beach. The points won in the event will be taken into account in international standings. The organizers plan to make this novel event an annual tradition. 58 men’s and women’s teams from 21 countries will take part in the tournament. Romania will be represented by nine teams (four women’s teams and five men’s teams). The competition has total prizes worth EUR 14,000.


Rugby: Romania 24 – Argentina Jaguars 8


Romania defeated Argentina Jaguars (Argentina’s second rugby team) on Tuesday, score 24-8 (18-5 at half time). The game counted for the IRB Nations Cup. Romania’s points were scored by Dan Dumbrava (five penalties and a drop goal) and Florin Vlaicu (two penalties). Argentina’s points were scored by Francisco Cuneo (try) and Tomas Rosati (penalty). In the other games that took place on Tuesday, Italy A defeated Georgia (21-3) and Namibia defeated Scotland A (23-20). Romania lost its first game against Namibia, score 17-21.


Piturca, ultimatum
for Gigi Becali



After Steaua Bucharest owner Gigi Becali boasted with having secured Victor Piturca’s services for next season, the latter is not in a hurry to take over the team. Piturca is asking for clear guarantees that Becali paid the club’s debts and wants to see the budget earmarked for next season. The former head coach met Steaua’s owner and agreed to give him three more days, adding that if his terms are not met he will not sign the contract. Meanwhile, Steaua’s players are taking part in training sessions coordinated by Leo Strizu, the head coach of Steaua II.


NBA: Lakers find key
to unlock Celtics
in big Game Six win



The Los Angeles Lakers concentrated on dominating the backboards against the Boston Celtics on Tuesday to stave off an NBA Finals defeat and seize the momentum in the series by forcing a deciding Game Seven. The defending NBA champions controlled play in the key on the way to a 89-67 victory, outmuscling and out-rebounding the Celtics by a 52-39 margin to set up a winner-take-all showdown at the Staples Center on Thursday.. “It’s huge. Every game the team that has won has been the winner of the rebounding battle,” Spanish forward Pau Gasol told reporters after leading the interior assault with 17 points and 13 rebounds.

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BUSINESS

NEWS IN BRIEF

Bulgaria Suspends Contract with Fitch Ratings


Bulgaria’s Council of Ministers gave the go ahead to Deputy Prime Minister and Finance Minister, Simeon Djankov, to annul the contract with Fitch Ratings Ltd, informs novinite.com. The agreement dated from 2004 and was renewed in 2007. The cabinet’s press center informs the decision to suspend the contract had been made “after a thorough analysis and assessment of the need to maintain contracts with multiple rating agencies offering the same service, especially in the light of cuts in public expenses.” Bulgaria has contacts with Moodys, Standard and Poors and JCRA, which serve the needs of the country, the cabinet said. Bulgaria’s Finance Ministry made the decision to suspend the State contract with Fitch Ratings agency at the beginning of March, accusing it of high prices and manipulation of the public opinion.


Bank of Cyprus gives up increasing capital in Banca Transilvania


The Bank of Cyprus Group decided, taking into consideration the rest of its priorities, to withdraw its application to the National Bank of Romania for the increase of its participation in the share capital of Banca Transilvania to up to 20 per cent, a press release informs. This decision does not affect the Bank of Cyprus Group’s strategy in Romania. Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. In addition to retail and commercial banking, the Group’s activities include finance, factoring, investment banking, brokerage, fund management, life and general insurance.

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BUSINESS

NEWS IN BRIEF

Orange to bring iPhone 4 to Romania


iPhone 4, the latest generation of the Apple phone, will come to Romania in the upcoming weeks, according to a release by Orange Romania, the new phone’s official dealer on the local market. All those interested to purchase the new model need to fill out a form available at www.orange.ro/phone, and will then get more insight into the new phone model. Apple presented the new iPhone generation, the fourth, earlier this month. It is 24 per cent thinner than the model launched last year, and has a 40 per cent longer battery lifespan than that of the previous model. In the US, the iPhone is priced between USD 199 and USD 299, for At&T subscribers.


Vodafone’s myDomain, a solution for extending internet presence


Vodafone Romania yesterday launched VodafonemyDomain, the new hosting services whereby users, legal entities and private individuals, may create their own webpage, easy, fast and at minimum costs, according to a Vodafone release. The services Vodafone myDomain offers a broad range of domains to choose from – *.ro, *.com, *biz., *eu., *. org and *.mobi. and its hosting, creating Internet pages no matter how complex , hosting space for site and e-mail. Depending on the package chosen, , customers may benefit from 10 to 100 email accounts on the domain registered, each with a space of 3 GB and a website hosting space from 3 GB to unlimited space. The VodafonemyDomain offer contains four packages: myDomainStart – EUR 3.99/month; myDomain Extra – EUR 7.99/month; myDomainPro – EUR 11.99/month, and Hosting Business – EUR 17.99/month.


US business mission to Chisinau


The American Chamber of Commerce in Romania (AmCham Romania) and the American Chamber of Commerce in the Republic of Moldova (AmCham Moldova), with assistance from the US Embassies in Bucharest and Chisinau, held for the first time a US business mission in Chisinau, June 16, reads a communiqué.. The business mission was aimed at providing information about business investment opportunities and the means for doing business in the Republic of Moldova, and at facilitating business relations between companies operating in Romania and the Republic of Moldova. The delegation from Bucharest, headed by His Excellency Mark Gitenstein, the US Ambassador to Bucharest, joined representatives of 24 US, international and Romanian Am Cham member companies, delegates of AmCham Romania and from the Commercial Service at the US Embassy to Bucharest. A series of companies that have been doing business in the Republic of Moldova shared their experience in such strategic fields as: energy, infrastructure, business financing opportunities, taxation, legal framework and mass-media in Moldova.

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BUSINESS

NEWS IN BRIEF

BCR internet banking users’ total tops 800,000


The number of registered users of BCR’s internet banking service – natural persons, self-employed persons and micro-enterprises – has grown from over 740,000 at the end of 2009 to over 800,000 at the end of May, Mediafax reports. BCR has a total of 4 M retail customers, Catalin Moise, director with BCR, said. The bank official also added that the service use rate among registered users is of over 60 per cent. ‘Our target is not set on the number of users, but on the number of operations made as weight in the bank’s total operations. Our intention is to have 63 per cent – as number – of total bank operations made via alternative channels. Our monthly average in the last three-four months has been 61 per cent’, Moise said.


MCSI wants EUR 84 M rerouted
to e-Romania project



The Ministry of Communications and Information Society (MCSI) would like to allocate EUR 84 M of the EU funds meant to finance the development of the broadband infrastructure to the e-Romania project, e-Romania project head in the ministry Toma Campeanu said on Wednesday. ‘We are trying to allocate EUR 84 M to the e-Romania project, because we have identified an interest among operators in what concerns the expansion of the access to broadband internet in the entire territory. The project development strategy spans from 2010 to 2013, but the process as such will not be over in 2013. We have good use of the EUR 84 M, we are very much behind the European Union in the area of e-governance,’ Campeanu is quoted by Mediafax as saying during a specialised seminar. He also added that almost 170 services within the e-Romania project would become operational in 2010 and 2011.


Groupama operations in Romania
profitable in 2012



Operations of French group Groupama will reach the breakeven point in 2011 and will start making a profit in 2012, Groupama Asigurari General Manager Dennis Rousset stated during an economic forum. ‘The Groupama business in Romania in 2009 fell by 10 per cent to EUR 209 M. The management’s objective this year is to render premium writing activities cost-effective and expand its product portfolio,’ Rousset said, according to Mediafax. He added that the number one objective of the French group in 2009 had been the integration of the operations of BT Asigurari, Asiban and OTP Garancia as a single brand – Groupama Asigurari.


Baicusi: Black Sea has huge
gas reservoirs



The Black Sea is one of the planet’s major natural gas reservoirs with resources worthwhile exploring, the General Manager of national electricity transmission operator Transelectrica, Adrian Baicusi, stated yesterday, during the Regional Energy Forum FOREN 2010 in Neptun, according to ‘Romania Libera’ daily. ‘Europe and not China is the biggest consumer these days. It seems there are prospects for the gas source to become promising in the next years,’ Baicusi said. According to him, hydrocarbons will be used much faster than the depleted deposit replacement rate in the future. Transelectrica is electricity transmission and grid operator in Romania and manages, operates, maintains, modernizes and develops the transmission grid including 78 transformation stations with an approximate capacity of 35,000 MVA and 9,028 Km of overhead power lines with voltages of 110/220 kV, 400 kV and 750 kV, managed by eight power transmission branches.

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POLITICS

NEWS IN BRIEF

Fate of PDL “traitors” in stand-by


PDL is postponing a decision in what concerns the Democrat-Liberals that voted in favor of the no-confidence motion. Traian Igas, leader of Democrat-Liberal Senators, stated for Agerpres that PDL’s group of Senators will not propose any sanctions against the Democrat-Liberals that voted for the motion whether on purpose or by mistake, with their fate set to be decided next Monday by the party’s Permanent Bureau. Mircea Toader, leader of Democrat-Liberal Deputies, stated that the National Permanent Bureau will analyze the MPs’ situation on a case-by-case basis. Transport Minister Radu Berceanu stated that three Democrat-Liberal MPs voted in favor of PSD’s no-confidence motion by mistake.


Mircea Giurgiu, Daniel Oajdea, Teo Trandafir, Georgica Severin also voted in favor of the motion, just like former Democrat-Leader Silviu Prigoana did. Trandafir pointed out yesterday that she will not leave PDL on her own, waiting for the party to take a decision in that regard. Cristian Preda, Teo’s spokesperson during her campaign, expressed his regret that Teo made the wrong calculations. Severin also pointed out that he risks being expelled from the party but added that he will respect the decision. Prigoana stated that he will return to PDL when the party reconsiders its stance towards businessmen.


After a meeting with PDL lawmakers yesterday, afternoon, Boc said it was up to the group to decide sanctions for those who backed the no-confidence vote. PDL will analyse the situation of each MP who voted for the government’s dismissal in a session on June 21.


Independent MPs, more intransigent


The National Union for the Progress of Romania (UNPR) acted promptly, excluding four MPs that voted in favor of the motion. The four MPs are: Eugenia Barna, Tudor Ciuhodary, Adrian Mocanu and Ioan Munteanu. PSD President Victor Ponta did not rule out the possibility of allowing the MPs to join his party. Analysts however argue that if PDL also expels its MPs that did not vote for the Government the ruling coalition could lose its majority in Parliament.


List of shame


PSD has launched the www.listarusinii.ro website, a website that alphabetically lists the Senators and Deputies that voted against the no-confidence motion. “The list of shame consists of the MPs that have validated the social genocide by adopting one of the following attitudes: they voted openly against the motion; they hid their vote against the motion; they were present in Parliament but did not vote; they were not present or left before the voting started. Each of these attitudes represented support for the Boc Government’s blanket pension and salary cuts,” the aforementioned website reads. The website also points out that PM Boc and President Basescu top the list of shame.

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