Europe’s Largest GOLD mine; 12 years, 7 CEO's and $500 million
Posted by: ReporterPXT
Roman :: Romania | updated 2012-11-02 13:58:44 -0700 | business-news
Europe’s biggest mining project may be approaching the finish line after a dozen years of opposition and delays, and could enter its final stage late next year, a Rosia Montana Gold Corp executive told Reuters on Friday. Rosia Montana is...
Nokia: the 2200 Cluj employees will be unemployed in late 2011
Posted by: rsa76
Cluj Napoca :: Romania | updated 2012-03-11 21:14:11 -0700 | business-news
In Romania, the employees of the No. 1 worldwide in mobile phones, Nokia and local authorities are still in shock after the decision of the Finnish group to close its plant near Cluj at the end of the year.Nokia, benefiting...
Nokia announced it will lay off 3,500 employees
Posted by: Vicky247
Bucharest :: Romania | updated 2012-04-19 12:44:28 -0700 | business-news
Nokia announced the closure of its factory in Cluj in Romania, affecting 2,200 jobs.Also cut 1,300 jobs of its divisions and trading location. The latest layoffs, published this Thursday, in addition to plans to save 1,000 million through measures including...
Nomadic capitalism: Nokia moves again – from Romania to China
Posted by: PPW2010
Bucharest :: Romania | updated 2011-10-01 19:14:47 -0700 | business-news
«Nokia’s New Home in Romania» titrated with the large letters SPIEGEL INTERNATIONAL just three years ago. “Finns happened like to us now. Romanians will happen the same when will be cheaper to manufacture elsewhere” warned workers angry at Bochum closed...
Ministry of Finance drew nearly 700 million in Treasury bills in a year
Posted by: voodoobrb
Bucharest :: Romania | updated 2012-04-09 07:33:46 -0700 | business-news
Ministry of Public Finance (MFP) of 699.98 million lei on Tuesday drew a Treasury issue discount, with a maturity of 12 months at an average yield of 6.64% per year, according to NBR data. Announced at the auction value was...
BET index of the Bucharest Stock Exchange grew by 0.6% in the opening session on Tuesday
Posted by: voodoobrb
Bucharest :: Romania | updated 2012-04-09 07:33:48 -0700 | business-news
Bucharest Stock Exchange (BSE) opened up trading session on Tuesday, the only index which stood in negative territory as that of energy companies.European stocks opened down on Tuesday, pending the conclusions of the Franco-German summit on the governance of the...
Candidates and a record of unparalleled security for admission to the Institute of Magistracy
Posted by: voodoobrb
Bucharest :: Romania | updated 2012-04-09 07:33:49 -0700 | business-news
A total of 3433 people have signed up on the 200 seats for admission in National Institute of Magistracy, the figure is a record registered candidates and surveillance measures at the examination will be unprecedented, according to the Superior Council...
In the 'pub' tough call
Posted by: Shaziakhan
Bucharest :: Romania | updated 2012-04-18 14:44:24 -0700 | business-news
Andre A. Nike wearing a bright yellow one. On his shoulders drop sleeves a green sweatshirt brand JD. The carioca look contrasts with the rugged features of the Romanian 25. "I have another five shirts and five sweatshirts, all the...
Fitch: currency lending could resume in Romania, with the risk of financial instability
Posted by: voodoobrb
Bucharest :: Romania | updated 2012-04-09 06:18:57 -0700 | business-news
Romania is vulnerable to back lending in foreign currency, with the potential risk of financial instability, high inflation amid persistent, which will force the central bank to keep interest rates across euro area rating agency Fitch warned, according to Mediafax."It...
Cameron proposes ban twitter and Facebook to quell the violence in London
Posted by: Shaziakhan
Alexandria :: Romania | updated 2012-04-18 13:58:07 -0700 | business-news
British Prime Minister David Cameron blamed the riots that rocked the British capital London on the two networks as social "Facebook," and "Twitter," Cameron said during a speech to Parliament that "the free flow of information can sometimes be a...
Castilla-La Mancha threat to fine pharmacists who go on strike today
Posted by: Shaziakhan
Slobozia :: Romania | updated 2012-04-18 13:58:42 -0700 | business-news
Failing agreement, threat. The general director of Quality, Planning, Management and Inspection Ministry of Health of Castilla-La Mancha, Javier Hernández Pascual, has warned that the closure they intend to do now about 1,200 pharmacists are not allowed. "Violates the rules"...
Romania: Immigration Bulletin – Modification of Immigration Legislation In Effect Since July 31, ...
Posted by: moveone
Bucharest :: Romania | updated 2012-02-27 02:45:38 -0800 | business-news
Romania introduced important changes in its immigration legislation in order to create the necessary legal framework to meet EU requirements. New legislation is to unify the regulations with standards set forth by European Union. Romania, following most countries within the...
OGRA decides to increase gas price by 13.55 percent
Source: Pak Tribune
Ogra :: Romania | updated 2011-10-07 22:54:11 -0700 | political-news
Saturday decided to increase gas prices by 13.55 percent for all sectors...UFG losses from 4.5 percent to 8 percent, while the total burden of UFG losses is being shifted onto gas consumers through severe gas load shedding across the country....
Gabriel Resources has $175 million War Chest for Ancient Roman Gold Mine
Posted by: ReporterPXT
Bucharest :: Romania | updated 2012-11-02 20:20:04 -0700 | business-news
Gabriel Resources announced on Wednesday that it has accumulated over $175 million in cash and equivalents to move ahead its gold mining project in Transylvania in an area where tunnels used by Roman miners during the first century still exists....
Winter Tires Compulsory in Romania
Posted by: moveone
Bucharest :: Romania | updated 2012-02-27 02:52:27 -0800 | business-news
Although it is summer time, The Romanian Chamber of Deputies has just adopted a new ordinance concerning the use of winter tires in the country. Winter is normally the time when the majority of accidents are caused by inappropriate tires...
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