Romania elections highlights
Sunday, November 30th, 2008Election day is over, we have the firs exit polls:
- far right extremists are finnally off the stage (2.7% PRM)
- hungarian minority party is here to stay (UDMR 7.2%)
- socialists win, but they’re far from majority (PSD 36-37%)
- liberal party is gaining despite the economic voes (PNL ~ 20%)
- presidential party is also gaining, but [...]
Romania IT market: above expectations, says IDC
Thursday, November 20th, 2008The Romanian IT services market performed above expectations last year and is expected to continue growing decently despite the current economic downturn. According to a recent study by IDC, spending on IT service in Romania exceeded $363 million, which represented year-on-year growth of 48.7% in U.S. dollar terms. In local currency, the market grew by [...]
Coffeeheaven to close up in Romania
Thursday, November 20th, 2008While Coffeeheaven is to withdraw from Romania and Slovakia, it plans to open further cafeterias in Hungary. Starbucks could follow suit soon, with its first coffee shop to open in downtown Budapest, in Váci utca, business daily Világgazdaság said on Thursday. The main reason to leave Romania behind was that infrastructural deficiencies and corruption would [...]
Rives, excellent show in Bucharest
Saturday, November 15th, 2008It’s brilliant, the first time you saw it really blows your mind. He’s not “a star”, he’s a normal person, but a genius too. It’s Ted Rives and he came to Bucharest invited by Orange. He’s also playin in some commercial for the mobile phone operator. But his show was so unsual, so smart and [...]
Dow Jones: Romania does not need help from IMF
Friday, November 14th, 2008Romania does not need help from the International Monetary Fund and the recent junking of its sovereign rating was unwarranted and misguided, Romanian central bank deputy governor Eugen Dijmarescu says. The recent downgrades of Romanian sovereign debt by Fitch and Standard & Poor’s - to a notch below Bulgaria, Latvia and Kazakhstan - could spur [...]
Romania bids for EURO 2020 championship
Wednesday, November 12th, 2008Bulgaria and Romania have proposed to Uefa president Michelle Platini that they co-host the 2020 European football championship, Bulgarian-language Dnevnik daily quoted Bulgarian Football Union president Borislav Miahailov as saying on November 12 2008. He made the statement after he met Platini in Sofia the same day.
Vodafone Romania:EURO 615 million in 6 months, 9.5 million customers
Tuesday, November 11th, 2008Vodafone Romania announces key performance indicators for the six months ended September 30, 2008, as reported today by Vodafone Group Plc. In the first semester on the financial year 2008/2009, ended September 30, 2008,, total revenue reached EURO 615 million, for a 7.7% year on year increase, at constant exchange rate. Service revenue reached EURO [...]
Vodafone Romania launches new packages for e-mail and Internet, new handsets
Wednesday, November 5th, 2008Vodafone Romania launches new packages providing mobile access to e-mail and Internet, minutes for national calls, as well as top handsets, at special prices.
IMF, WB to review Romania’s financial system
Sunday, November 2nd, 2008A joint International Monetary Fund (IMF) and World Bank think-tank will visit Romania on Nov. 3-14 to assess the country’s financial system, a press release of the regional IMF Office for Romania and Bulgaria said on Saturday.
FBI and romanian cops disable eBay fraud network
Wednesday, July 16th, 2008Romanian authorities have arrested 24 people for allegedly producing fake auction websites and using falsified credit cards, according to local police. The suspects were arrested in the capital Bucharest and other five cities across Romania, following a six-month investigation aided by the United States Federal Bureau of Investigation, FBI.
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