Info Bucharest » Business http://www.infobucharest.ro Fresh daily news from Bucharest.Romania. Mon, 12 Jul 2010 22:07:20 +0000 en hourly 1 http://wordpress.org/?v=3.0 What the newspapers say: May 17, 2009 http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-17-2009/ http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-17-2009/#comments Mon, 17 May 2010 01:05:30 +0000 admin Why is the Romanian state budget losing tens of millions of euros from hunting? Elsewhere in the news, guidelines for the coming job cuts are out. Last but not least, austerity reduces the consumption.

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]]> http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-17-2009/feed/ 0 Romania reassures S’pore on Ionescu’s case http://www.infobucharest.ro/2010/05/romania-reassures-spore-on-ionescus-case/ http://www.infobucharest.ro/2010/05/romania-reassures-spore-on-ionescus-case/#comments Mon, 17 May 2010 04:05:16 +0000 admin SINGAPORE: Romania’s foreign minister has given the assurance that the authorities in his country have a strong commitment to fully observe the legal procedures in the hit-and-run case involving Dr Silviu Ionescu.

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]]> http://www.infobucharest.ro/2010/05/romania-reassures-spore-on-ionescus-case/feed/ 0 ‘Mercury likely to soar in the Mediterranean’ http://www.infobucharest.ro/2010/05/mercury-likely-to-soar-in-the-mediterranean/ http://www.infobucharest.ro/2010/05/mercury-likely-to-soar-in-the-mediterranean/#comments Mon, 17 May 2010 04:05:05 +0000 admin By Alister Doyle Oslo – People in cities around the Mediterranean including Athens, Rome and Marseilles are likely to suffer most in Europe from ever more scorching heatwaves this century caused by climate change, scientists said on Sunday.

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]]> http://www.infobucharest.ro/2010/05/mercury-likely-to-soar-in-the-mediterranean/feed/ 0 Businessmen Cornel Penescu and Liviu Facaleata were retained again http://www.infobucharest.ro/2010/05/businessmen-cornel-penescu-and-liviu-facaleata-were-retained-again/ http://www.infobucharest.ro/2010/05/businessmen-cornel-penescu-and-liviu-facaleata-were-retained-again/#comments Tue, 11 May 2010 04:05:40 +0000 admin Businessman Cornel Penescu, owner of FC Arges football club was retained on Monday morning for 24 hours, for bribe offering in a new corruption case, Romania news agency Agerpres informs. He will spend the next 24 hours in the arrest of the Arges Police. 

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]]> http://www.infobucharest.ro/2010/05/businessmen-cornel-penescu-and-liviu-facaleata-were-retained-again/feed/ 0 Jeffrey Franks: if taxes in Romania are collected efficiently, there is no need to increase them http://www.infobucharest.ro/2010/05/jeffrey-franks-if-taxes-in-romania-are-collected-efficiently-there-is-no-need-to-increase-them/ http://www.infobucharest.ro/2010/05/jeffrey-franks-if-taxes-in-romania-are-collected-efficiently-there-is-no-need-to-increase-them/#comments Tue, 11 May 2010 04:05:12 +0000 admin Romania will receive the next IMF installment, worth 900 million euro after the government imposes the measures agreed on, IMF chief of mission in Romania Jeffrey Franks declared on Monday morning.

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]]> http://www.infobucharest.ro/2010/05/jeffrey-franks-if-taxes-in-romania-are-collected-efficiently-there-is-no-need-to-increase-them/feed/ 0 Fiscal authority to have department dedicated to control of high-income individuals http://www.infobucharest.ro/2010/05/fiscal-authority-to-have-department-dedicated-to-control-of-high-income-individuals/ http://www.infobucharest.ro/2010/05/fiscal-authority-to-have-department-dedicated-to-control-of-high-income-individuals/#comments Tue, 11 May 2010 05:05:33 +0000 admin The National Agency for Tax Administration – ANAF would have a special department to control private individuals with high income. The measure, announced in a letter of intent of Romanian authorities to the IMF, was confirmed by ANAF sources for HotNews.ro.

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]]> http://www.infobucharest.ro/2010/05/fiscal-authority-to-have-department-dedicated-to-control-of-high-income-individuals/feed/ 0 President Traian Basescu and PM Boc to meet with Parliamentarian groups http://www.infobucharest.ro/2010/05/president-traian-basescu-and-pm-boc-to-meet-with-parliamentarian-groups/ http://www.infobucharest.ro/2010/05/president-traian-basescu-and-pm-boc-to-meet-with-parliamentarian-groups/#comments Tue, 11 May 2010 04:05:03 +0000 admin President Traian Basescu and PM Emil Boc will meet on Monday at 1PM with all Parliamentarian groups, including the independents, Romanian news agency Agerpres informs. The main issue on the agenda is the country's economic situation.

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]]> http://www.infobucharest.ro/2010/05/president-traian-basescu-and-pm-boc-to-meet-with-parliamentarian-groups/feed/ 0 Environment minister: by Tuesday night, the volcanic ash cloud will leave Romania http://www.infobucharest.ro/2010/05/environment-minister-by-tuesday-night-the-volcanic-ash-cloud-will-leave-romania/ http://www.infobucharest.ro/2010/05/environment-minister-by-tuesday-night-the-volcanic-ash-cloud-will-leave-romania/#comments Tue, 11 May 2010 01:05:09 +0000 admin Romanian Environment minister informed, on Monday afternoon that the volcanic ash cloud over Romania will cross towards East by Tuesday, May 11, 2010. Experts appreciate that in the next 24 hours the air will not be polluted.

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]]> http://www.infobucharest.ro/2010/05/environment-minister-by-tuesday-night-the-volcanic-ash-cloud-will-leave-romania/feed/ 0 What the newspapers say: May 11, 2010 http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-11-2010/ http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-11-2010/#comments Tue, 11 May 2010 04:05:45 +0000 admin Romania's government decided to tax meal tickets. Elsewhere in the news, state employees with lavishing salaries escape the salary cut. Last but not least, journalists vs. Romania at CEDO.

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]]> http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-11-2010/feed/ 0 Finance Ministry: Everything above 9,500 RON with salaries of state company employees would be taxed by 90% http://www.infobucharest.ro/2010/05/finance-ministry-everything-above-9500-ron-with-salaries-of-state-company-employees-would-be-taxed-by-90/ http://www.infobucharest.ro/2010/05/finance-ministry-everything-above-9500-ron-with-salaries-of-state-company-employees-would-be-taxed-by-90/#comments Tue, 11 May 2010 02:05:59 +0000 admin Romania's Finance Ministry is working on a bill that would provide the grounds for a 90% taxation of the amount of money that exceeds 9,500 RON in the salary of an employee of state-controlled companies. The move aims to create a so-called "solidarity fund", ministry sources confirmed for HotNews.ro. Minister Sebastian Vladescu said on Monday that the Government planned to impose a "solidarity tax" on high salaries within state companies.

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]]> http://www.infobucharest.ro/2010/05/finance-ministry-everything-above-9500-ron-with-salaries-of-state-company-employees-would-be-taxed-by-90/feed/ 0 Romanian Government to reactivate privatization program aggressively: CFR Marfa by April 2011, liquidation of Termoelectrica by July 2011 http://www.infobucharest.ro/2010/05/romanian-government-to-reactivate-privatization-program-aggressively-cfr-marfa-by-april-2011-liquidation-of-termoelectrica-by-july-2011/ http://www.infobucharest.ro/2010/05/romanian-government-to-reactivate-privatization-program-aggressively-cfr-marfa-by-april-2011-liquidation-of-termoelectrica-by-july-2011/#comments Tue, 11 May 2010 01:05:04 +0000 admin The Romanian Government would reactivate the privatisation program "aggressively", according to the letter of intent of the Romanian Government to the IMF. The first targets are the privatization of railroad service company CFR Marfa by April 2011 and the liquidation of Termoelectrica by June 2011 with the separation of viable activities and the closure of the rest.

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]]> http://www.infobucharest.ro/2010/05/romanian-government-to-reactivate-privatization-program-aggressively-cfr-marfa-by-april-2011-liquidation-of-termoelectrica-by-july-2011/feed/ 0 Statement letter to the IMF: fiscal evasion increases, effective payments of Rompetrol is uncertain / Early retirements are frozen. Budgetary personnel needs to be laid off http://www.infobucharest.ro/2010/05/statement-letter-to-the-imf-fiscal-evasion-increases-effective-payments-of-rompetrol-is-uncertain-early-retirements-are-frozen-budgetary-personnel-needs-to-be-laid-off/ http://www.infobucharest.ro/2010/05/statement-letter-to-the-imf-fiscal-evasion-increases-effective-payments-of-rompetrol-is-uncertain-early-retirements-are-frozen-budgetary-personnel-needs-to-be-laid-off/#comments Tue, 11 May 2010 04:05:18 +0000 admin Romania's statement letter to the IMF reveals that accumulated fiscal revenues are considerably lower than those initially projected. The letter reads that in the next months supplementary measures will be taken to decrease the number of budgetary personnel.

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]]> http://www.infobucharest.ro/2010/05/statement-letter-to-the-imf-fiscal-evasion-increases-effective-payments-of-rompetrol-is-uncertain-early-retirements-are-frozen-budgetary-personnel-needs-to-be-laid-off/feed/ 0 LeasePlan expects fleet to double to 5,000 cars http://www.infobucharest.ro/2010/05/leaseplan-expects-fleet-to-double-to-5000-cars/ http://www.infobucharest.ro/2010/05/leaseplan-expects-fleet-to-double-to-5000-cars/#comments Tue, 11 May 2010 02:05:39 +0000 admin LeasePlan operational leasing company estimates the number of managed vehicles will rise to 5,000 this year, double last year's volume, with sale & leaseback as the main growth line



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]]> http://www.infobucharest.ro/2010/05/leaseplan-expects-fleet-to-double-to-5000-cars/feed/ 0 Tough price competition and recession force telecom operators to make investments again http://www.infobucharest.ro/2010/05/tough-price-competition-and-recession-force-telecom-operators-to-make-investments-again/ http://www.infobucharest.ro/2010/05/tough-price-competition-and-recession-force-telecom-operators-to-make-investments-again/#comments Tue, 11 May 2010 03:05:25 +0000 admin Recession and the fierce price competition in Romania, along with the rising sales of mobile data, have led to a situation forcing major telecom operators to give up their 2009 'wait and see' strategy to find ways to boost revenues, say the representatives of Hewlett Packard (HP), the world's biggest IT company



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]]> http://www.infobucharest.ro/2010/05/tough-price-competition-and-recession-force-telecom-operators-to-make-investments-again/feed/ 0 Romainian Police Apprehend Phishing Gang http://www.infobucharest.ro/2010/05/romainian-police-apprehend-phishing-gang/ http://www.infobucharest.ro/2010/05/romainian-police-apprehend-phishing-gang/#comments Tue, 11 May 2010 05:05:52 +0000 admin Via The H Security . Romanian police investigators have exposed a gang of criminals who fraudulently gained online access to bank accounts and for months, continued to draw money from these accounts.

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]]> http://www.infobucharest.ro/2010/05/romainian-police-apprehend-phishing-gang/feed/ 0 UPDATE Civil aviation: the air space will not be closed / Environment ministry: the Icelandic volcanic ash cloud will cover Romania's air space by Tuesday morning http://www.infobucharest.ro/2010/05/update-civil-aviation-the-air-space-will-not-be-closed-environment-ministry-the-icelandic-volcanic-ash-cloud-will-cover-romanias-air-space-by-tuesday-morning/ http://www.infobucharest.ro/2010/05/update-civil-aviation-the-air-space-will-not-be-closed-environment-ministry-the-icelandic-volcanic-ash-cloud-will-cover-romanias-air-space-by-tuesday-morning/#comments Tue, 11 May 2010 03:05:01 +0000 admin Romania's Environment ministry announced that the volcanic ash cloud, present on Monday in West and North West Romania will advance steadily and will position, by Tuesday morning over most of the Romanian sky. The ministry presented on Monday the latest data regarding the evolution of the ash cloud.

UPDATE According to the Civil Aviation Department chief, Catalin Radu, the Romanian air space will not be closed. He said that the night evolution of the cloud does not affect airline traffic. He said air space is closed in Spain, Portugal, North Italy, Germany and the Czech Republic.

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]]> http://www.infobucharest.ro/2010/05/update-civil-aviation-the-air-space-will-not-be-closed-environment-ministry-the-icelandic-volcanic-ash-cloud-will-cover-romanias-air-space-by-tuesday-morning/feed/ 0 The government plans to set up a special department within the Fiscal Administration Agency to control individuals with high incomes http://www.infobucharest.ro/2010/05/the-government-plans-to-set-up-a-special-department-within-the-fiscal-administration-agency-to-control-individuals-with-high-incomes/ http://www.infobucharest.ro/2010/05/the-government-plans-to-set-up-a-special-department-within-the-fiscal-administration-agency-to-control-individuals-with-high-incomes/#comments Tue, 11 May 2010 03:05:37 +0000 admin Romania's National  Fiscal Administration Agency will set up a special department to control individuals with high incomes. The measure, announced in the statement letter to the IMF, was confirmed for HotNews.ro by sources from the Agency. 

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]]> http://www.infobucharest.ro/2010/05/the-government-plans-to-set-up-a-special-department-within-the-fiscal-administration-agency-to-control-individuals-with-high-incomes/feed/ 0 How Wizz Air reached 18% of air transport market http://www.infobucharest.ro/2010/05/how-wizz-air-reached-18-of-air-transport-market/ http://www.infobucharest.ro/2010/05/how-wizz-air-reached-18-of-air-transport-market/#comments Tue, 11 May 2010 02:05:39 +0000 admin By operating from secondary airports and airports outside Bucharest, targeting passenger masses through low prices, levying extra taxes for additional services and by distributing plane tickets online, Wizz Air airline came to hold an over 18% slice of the market last year, according to ZF estimates taking into account a total of 9 million passengers transported in Romania last year



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]]> http://www.infobucharest.ro/2010/05/how-wizz-air-reached-18-of-air-transport-market/feed/ 0 Romania's commercial deficit decreased by 13.6% in Q1 to 1.92 billion euro http://www.infobucharest.ro/2010/05/romanias-commercial-deficit-decreased-by-13-6-in-q1-to-1-92-billion-euro/ http://www.infobucharest.ro/2010/05/romanias-commercial-deficit-decreased-by-13-6-in-q1-to-1-92-billion-euro/#comments Tue, 11 May 2010 03:05:00 +0000 admin Romania's commercial deficit decreased in the first quarter of the year by 13.6% to 1.92 billion euro from 2.22 million euro in the same period in 2009 Romania's National Statistics Institute revealed. The decrease was a consequence of an increase of exports and a decrease of imports.

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]]> http://www.infobucharest.ro/2010/05/romanias-commercial-deficit-decreased-by-13-6-in-q1-to-1-92-billion-euro/feed/ 0 What the newspapers say: May 10, 2010 http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-10-2010/ http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-10-2010/#comments Tue, 11 May 2010 04:05:14 +0000 admin Old people and budgetary personnel need to suffer because politicians refused reforms, one newspaper reads on Monday. After the President delivered the bad news for retired people and budgetary personnel, PM Boc released a positive inventory of what is next. Last but not least, the Icelandic volcanic ash might reach West Romania on Monday morning.

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]]> http://www.infobucharest.ro/2010/05/what-the-newspapers-say-may-10-2010/feed/ 0 AmCham Romania President Sorin Mandrutescu: a big global IT company considers the opportunity to enter the Romanian market / We are talking of hundreds and thousands of possible jobs http://www.infobucharest.ro/2010/05/amcham-romania-president-sorin-mandrutescu-a-big-global-it-company-considers-the-opportunity-to-enter-the-romanian-market-we-are-talking-of-hundreds-and-thousands-of-possible-jobs/ http://www.infobucharest.ro/2010/05/amcham-romania-president-sorin-mandrutescu-a-big-global-it-company-considers-the-opportunity-to-enter-the-romanian-market-we-are-talking-of-hundreds-and-thousands-of-possible-jobs/#comments Tue, 11 May 2010 01:05:07 +0000 admin There are very big companies interested to invest in Romania, AmCham Romania president Sorin Mandrutescu declared in the HotNews.ro – RFI Monday talk by Dan Tapalaga. Mandrutescu said that he knows a big global IT company that considers the idea to enter the Romanian market.

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]]> http://www.infobucharest.ro/2010/05/amcham-romania-president-sorin-mandrutescu-a-big-global-it-company-considers-the-opportunity-to-enter-the-romanian-market-we-are-talking-of-hundreds-and-thousands-of-possible-jobs/feed/ 0 Constructions crisis: Just one construction site out of four busy in Militari-Lujerului http://www.infobucharest.ro/2010/05/constructions-crisis-just-one-construction-site-out-of-four-busy-in-militari-lujerului/ http://www.infobucharest.ro/2010/05/constructions-crisis-just-one-construction-site-out-of-four-busy-in-militari-lujerului/#comments Tue, 11 May 2010 04:05:56 +0000 admin ,000 new apartments were announced in early 2008 by developers that paid tens of million euros for plots of land in Lujerului area of Bucharest, confident that proximity to underground stations will facilitate sales of apartments off-plan. Just 343 of the 5,000 housing units have been finalised, though, with another 200 ones being under construction.



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]]> http://www.infobucharest.ro/2010/05/constructions-crisis-just-one-construction-site-out-of-four-busy-in-militari-lujerului/feed/ 0 RBS cuts exposure to Romania by 250m euros http://www.infobucharest.ro/2010/05/rbs-cuts-exposure-to-romania-by-250m-euros/ http://www.infobucharest.ro/2010/05/rbs-cuts-exposure-to-romania-by-250m-euros/#comments Tue, 11 May 2010 03:05:49 +0000 admin Britain's Royal Bank of Scotland cut down on loans granted in Romania by 250m euros, namely 12%, during the first quarter. Thus, the amount slid to 1.79bn euros in March, according to the data published in the British group's quarterly report



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]]> http://www.infobucharest.ro/2010/05/rbs-cuts-exposure-to-romania-by-250m-euros/feed/ 0 Car market remains above 10,000-unit mark in April http://www.infobucharest.ro/2010/05/car-market-remains-above-10000-unit-mark-in-april/ http://www.infobucharest.ro/2010/05/car-market-remains-above-10000-unit-mark-in-april/#comments Tue, 11 May 2010 01:05:23 +0000 admin Car sales continued to rise in April, to over 10,000 units, according to auto market players, up by around 10% against the previous month. Compared with the similar period of last year, last month's sales saw a 25% decline, the lowest in 15 months.



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]]> http://www.infobucharest.ro/2010/05/car-market-remains-above-10000-unit-mark-in-april/feed/ 0 Representatives of state-controlled companies don't exclude possibility of salary cuts http://www.infobucharest.ro/2010/05/representatives-of-state-controlled-companies-dont-exclude-possibility-of-salary-cuts/ http://www.infobucharest.ro/2010/05/representatives-of-state-controlled-companies-dont-exclude-possibility-of-salary-cuts/#comments Tue, 11 May 2010 04:05:36 +0000 admin Representatives of state-controlled companies do not exclude the possibility that the recently announced measure to cut the budget salary fund by 25% be applied to them as well and not only to the public administration and services. Representatives of such companies said however they have not yet received any information on how a salary cut may be applied to them.

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]]> http://www.infobucharest.ro/2010/05/representatives-of-state-controlled-companies-dont-exclude-possibility-of-salary-cuts/feed/ 0 VAT and flat tax still in danger. Romania must reactivate privatisation programme http://www.infobucharest.ro/2010/05/vat-and-flat-tax-still-in-danger-romania-must-reactivate-privatisation-programme/ http://www.infobucharest.ro/2010/05/vat-and-flat-tax-still-in-danger-romania-must-reactivate-privatisation-programme/#comments Tue, 11 May 2010 01:05:04 +0000 admin Romania could remain in recession this year and will not be able to avoid tax hikes unless the public sector employee wages and pension cuts decided by the government pay off over the coming months, the supplemental memorandum of understanding agreed with the IMF reveals.



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]]> http://www.infobucharest.ro/2010/05/vat-and-flat-tax-still-in-danger-romania-must-reactivate-privatisation-programme/feed/ 0 Historic day for Bucharest Stock Exchange: BET index gains 11% http://www.infobucharest.ro/2010/05/historic-day-for-bucharest-stock-exchange-bet-index-gains-11/ http://www.infobucharest.ro/2010/05/historic-day-for-bucharest-stock-exchange-bet-index-gains-11/#comments Tue, 11 May 2010 04:05:45 +0000 admin The Bucharest Stock Exchange brought investors the biggest all-time one-day gains, with the shares of the top ten listed companies, included in the BET index gaining 11% on average, while SIFs (financial investment companies) rose by over 13%.



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]]> http://www.infobucharest.ro/2010/05/historic-day-for-bucharest-stock-exchange-bet-index-gains-11/feed/ 0 Analysts estimate that the annual inflation rate increased to 4.3% in April http://www.infobucharest.ro/2010/05/analysts-estimate-that-the-annual-inflation-rate-increased-to-4-3-in-april/ http://www.infobucharest.ro/2010/05/analysts-estimate-that-the-annual-inflation-rate-increased-to-4-3-in-april/#comments Tue, 11 May 2010 03:05:11 +0000 admin Consumption prices increased in April by 0.4% and the annual inflation rate increased to 4.3% from 4.2% in March, according to the opinions expressed by members of the Financial Analysts Association. Their opinions regarding the inflation varied from 0.2% to 0.5% and estimates regarding the annual rate were somewhere between 4.2% and 4.4%.

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]]> http://www.infobucharest.ro/2010/05/analysts-estimate-that-the-annual-inflation-rate-increased-to-4-3-in-april/feed/ 0 Analysts see RON continuing to appreciate http://www.infobucharest.ro/2010/05/analysts-see-ron-continuing-to-appreciate/ http://www.infobucharest.ro/2010/05/analysts-see-ron-continuing-to-appreciate/#comments Tue, 11 May 2010 02:05:29 +0000 admin The RON managed yesterday to regain much of the ground lost over the course of last week, taking advantage of optimism returning among international players after an impressive package of measures has been announced by the European authorities to calm down the markets, with analysts saying the RON could further appreciate.



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]]> http://www.infobucharest.ro/2010/05/analysts-see-ron-continuing-to-appreciate/feed/ 0 Car tax hike could generate an extra 150 million euros http://www.infobucharest.ro/2010/05/car-tax-hike-could-generate-an-extra-150-million-euros/ http://www.infobucharest.ro/2010/05/car-tax-hike-could-generate-an-extra-150-million-euros/#comments Wed, 05 May 2010 01:05:54 +0000 admin Radu Berceanu, Transport Minister, said yesterday that the Government considered charging higher taxes on homes and cars, without specifying the variants examined.



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]]> http://www.infobucharest.ro/2010/05/car-tax-hike-could-generate-an-extra-150-million-euros/feed/ 0 Electrica ventures into wind power http://www.infobucharest.ro/2010/05/electrica-ventures-into-wind-power/ http://www.infobucharest.ro/2010/05/electrica-ventures-into-wind-power/#comments Wed, 05 May 2010 02:05:09 +0000 admin Electrica, a euro-billionaire company in terms of turnover generated by distribution and supply of power, is the only state-run company heading towards the completion of a wind farm, whereas investments worth up to one billion euros in “wind mills” are expected this year.



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]]> http://www.infobucharest.ro/2010/05/electrica-ventures-into-wind-power/feed/ 0 Romtelecom no longer sells Internet at same price in Bucharest and in Petrosani http://www.infobucharest.ro/2010/05/romtelecom-no-longer-sells-internet-at-same-price-in-bucharest-and-in-petrosani/ http://www.infobucharest.ro/2010/05/romtelecom-no-longer-sells-internet-at-same-price-in-bucharest-and-in-petrosani/#comments Wed, 05 May 2010 03:05:11 +0000 admin Romtelecom, no. 2 on the Romanian fixed line Internet services, has simplified its offer of data services, and now sells the same service at different prices, depending on competition, abandoning its strategy to charge the same fees on all “markets”, irrespective of the local context.



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]]> http://www.infobucharest.ro/2010/05/romtelecom-no-longer-sells-internet-at-same-price-in-bucharest-and-in-petrosani/feed/ 0 IMF representatives consider the VAT increase the best way to increase budgetary revenues http://www.infobucharest.ro/2010/05/imf-representatives-consider-the-vat-increase-the-best-way-to-increase-budgetary-revenues/ http://www.infobucharest.ro/2010/05/imf-representatives-consider-the-vat-increase-the-best-way-to-increase-budgetary-revenues/#comments Wed, 05 May 2010 01:05:19 +0000 admin Leader of the Alfa Cartel union, Bogdan Hossu declared for HotNews.ro that IMF representatives said during talks on Tuesday, May 4, that the VAT increase is the safest way to increase state budget revenues. On the other side, union members said that that VAT differentiation will be a better idea.

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]]> http://www.infobucharest.ro/2010/05/imf-representatives-consider-the-vat-increase-the-best-way-to-increase-budgetary-revenues/feed/ 0 Carturesti: Over 30 projects are shelved, waiting for the right moment http://www.infobucharest.ro/2010/05/carturesti-over-30-projects-are-shelved-waiting-for-the-right-moment/ http://www.infobucharest.ro/2010/05/carturesti-over-30-projects-are-shelved-waiting-for-the-right-moment/#comments Wed, 05 May 2010 01:05:22 +0000 admin Carturesti business was set up by Serban Radu and Nicoleta Dumitru in 2000 and last year reached 6.3m-euro turnover, up 12.5% from 2008. “We have three new stores, the one at the French Institute of Bucharest, one in Brasov, opened last December and a store opened last month in Arad.



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]]> http://www.infobucharest.ro/2010/05/carturesti-over-30-projects-are-shelved-waiting-for-the-right-moment/feed/ 0 ‘DCS powers Akta digital TV service with Harmonic’ http://www.infobucharest.ro/2010/05/dcs-powers-akta-digital-tv-service-with-harmonic/ http://www.infobucharest.ro/2010/05/dcs-powers-akta-digital-tv-service-with-harmonic/#comments Wed, 05 May 2010 04:05:43 +0000 admin Romanian cable and DTH satellite service provider Digital Cable Systems awarded a contract to Harmonic to deploy its digital video delivery products to power the new Akta TV digital service.

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