Romania: Romanian insolvent chemical producer Oltchim gets new (...)

March 18, 2013

Romanian insolvent chemical producer Oltchim gets new GM
Mar 18, 2013

Romanian insolvent chemical producer Oltchim gets new GM.
Romania’s insolvent chemical producer Oltchim has been appointed a new general manager. Mihail Talpasanu is the new general manager of the factory, taking over from the former manager Mihai Balan, whose mandate ended on March 15. The Romanian Government approved Oltchim’s insolvency on January (...)
[Read the article in Romania Business Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Lufkin Industries celebrated official opening of Romania facility Powered by Max Banner Ads Romania has proved itself to be a good partner to the companies having invested in this country, including Ford, IBM, Oracle and Lufkin, President Traian Basescu said. Lufkin Industries, Inc. announced yesterday the official opening of its new manufacturing facility (...)

Romania buys 12 used F16 from Portugal According to a memorandum discussed by the Government, the level of commitment and budget credit for the procurement of multirole aircraft was calculated at EUR 628 M in the 2013-2017 period. The draft law on the acquisition of a total of 12 used F16 multirole jet fighter aircraft for EUR 628 M (...)

CFR Marfa privatisation goes on just with Grup Feroviar Roman Romanian-Austrian association Transferoviar Grup – Donau Finanz yesterday dropped out of the privatisation and challenges the procedure with relevant authorities. The privatisation of CFR Marfa continues only with Grup Feroviar Roman (GFR), company owned by the businessman Gruia Stoica, after (...)

Constitution revision draft adopted by revision commission Commission president Crin Antonescu says a first debate with the representatives of the Venice Commission will take place on July 4-5. The draft will be translated into English. The Constitution revision commission yesterday took the final vote on the draft law for the revision of the (...)

Basescu urges women to assume natality ‘mission' The president said that Romania’s big problem is not economic migration, but birth-rate. President Traian Basescu said on Tuesday that, at the current pace of demographic decline, by 2030, Romania would have a population of 15 M inhabitants and the structure would also change as the Roma (...)

Statute of MPs unconstitutional The Court has admitted the appeal filed by President Basescu concerning the amendment on the Statute of MPs referring to parliamentary immunity. The law had previously been attacked twice at the CC by PDL too. The Constitutional Court (CC), which has three new members – Mona Pivniceru, Daniel (...)

Obama calls for U.S., Russia to cut nuclear warhead supply by one-third The U.S leader announced the goal during a speech in Berlin President Barack Obama asked Russia to join the United States in slashing its supply of strategic nuclear warheads by about one-third, a senior administration official said, CNN reports Obama announced the goal during a speech (...)