NEWS IN BRIEF

July 29, 2010138

Nicoleta Grasu wins silver at EC

Romanian athlete Nicoleta Grasu has won the silver medal in the discus throw event at the European Athletics Championships in Barcelona with a 63.48-metre throw. Grasu chalked up a 63.48-metre throw on her first try. Her second and third throws landed at 61.02 metres and 63.07 metres respectively. Croatia’s Sandra Perkovici won the event with a 64.67-metre throw. Poland’s Joanna Wisniewska was third with 62.37 metres. Grasu, 38, hoped to win the first gold medal in her career. Her record includes two bronze medals won at European Championships in 1998 and 2006 as well as a silver medal (2001) and three bronze medals (1999, 2007 and 2009) won at the World Championships.

Tecau/Lindstedt qualify for L.A. quarterfinals

Horia Tecau (Romania) and Robert Lindstedt (Sweden), the top seed 2 pair, qualified on Wednesday for the quarterfinals of the doubles event at the Los Angeles tournament, a tournament with total prizes worth USD 619,500, atpworldtour.com website informs. Tecau/Lindstedt defeated Andre Sa (Brazil)/Horacio Zeballos (Argentina) in the first round, score 7-6 (7/2), 6-1. The two will next play against Eric Butorac (US)/Jean-Julien Roger (Dutch Antilles).

Water Polo WC: Romania 11 – Australia 9

Romania’s national water polo team defeated Australia in a Group A game at the Water Polo World Cup in Oradea, score 11-9 (1-3, 4-3, 2-1, 4-2). On Tuesday Romania defeated Iran, score 26-1 (8-0, 8-0, 6-0, 4-1).

Cycling: Tour champion Contador to leave Astana

Tour de France champion Alberto Contador has decided not to renew his contract with Astana and will leave the Kazakh-funded team at the end of the season, the Spaniard said on Wednesday. “Although the position of both parties was not so far from each other, the team wanted to know urgently whether or not (he would renew his contract)”, said a statement from Contador’s press officer. “Alberto Contador has rejected the ultimatum of Astana,” the statement read, adding the team had expected a decision by Tuesday at the latest on their offer to extend his contract for an unspecified number of seasons. “His contract will end at the end of this season.” “With Astana, Contador won the Tour de France twice in 2009 and 2010 as well as the Giro d’Italia and Vuelta (both 2008).

Murray parts company with coach Maclagan

British world number four Andy Murray sacked his coach Miles Maclagan on Tuesday a little more than a month before the final grand slam event of the year. Australian Darren Cahill is widely believed to be Maclagan’s likely successor but Murray said he would review the situation only after the Aug. 30-Sept. 12 U.S. Open. According to Murray’s management team, the Scot made the decision “following a review of his coaching needs” and he was now focused on the U.S. hardcourt season. “I’ve had a great relationship with Miles over the past two-and-a-half years and I want to thank him for his positive contribution to my career,” Murray, 23, said on his official website.

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Romanian short receives Sarajevo Festival award

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BUSINESS

NEWS IN BRIEF

July 29, 20109

Finance Ministry wants to borrow RON 4.6 bln in August

The Public Finance Ministry (MFP) wants to borrow from banks a total RON 4.6 bln (EUR 1.1 bln) in August, via state bond issues, similar to the value scheduled for July, but far above the sum actually attracted this month, Mediafax reports. In July, the Ministry only borrowed RON 1.38 bln through state bond issues, much under the initial target of RON 4.65 bln, as the Treasury tried to keep the average yield under 7 pc a year. The first bid of the month is set for the 2nd of August, when the state will try to sell bonds worth RON 800 M maturing in a year.

GE Garanti Bank wins Global Finance award

GE Garanti Bank was appointed “The bank offering the best Internet banking services for individuals in Romania in 2010,” during the annual award gala organised by the prestigious Global Finance magazine. The award was granted based on a complex study conducted by the Global Finance editing team and took into account several criteria: web design and the complexity of functions on offer, the rising number of clients for the service, the degree of use, as well as the efficiency of strategies to draw new clients, according to a release remitted to our editing office.

IBM launches zEnterprise system

IBM Romania announced yesterday the launching of the zEnterprise mainframe server and of a new systems architecture that will allow mainframe applications for POWER7 and System x servers to partition resources and to be administered as a single virtual system. IBM officials have stated that the new system can be bought for a sum starting at approximately EUR 1 M. The new technology enhances complex analysis performances ten times and makes internal business data available in a matter of minutes instead of hours.

PSD urges agriculture minister’s resignation

Social-Democrats urge that Agriculture Minister Mihail Dumitru should resign without further delay, the argument being that the minister is completely overwhelmed by the situation, spokeswoman Lia Olguta Vasilescu announced yesterday. The PSD senator added the party would come up with a legislative package designed to remedy the situation in agriculture over the upcoming period. Vasilescu said that, while being the best of the last ten years in terms of water reserves, this year has also brought along major reported losses on farms, all because of the government’s uninvolvement. PSD recommends farmers not to sell wheat crops right now, as their price will grow in a few weeks from now. In addition, trade unions and professional associations in the field of agriculture have decided to start social dialogue with the authorities to deal with the issues the sectors of stock breeding, fruit farming and viticulture are currently facing.

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