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August 9th, 2005

Foreign investments up 35% in the first half of 2005

 

The Romanian Agency for Foreign Investment aims at attracting a volume of foreign direct investments of EUR 3.2 bln - EUR 3.8 bln.

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August 9th, 2005

CEC expects letters of intent for its privatization by August 31st

 

The participating banks must be internationally known financial institutions.

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August 8th, 2005

Romanian government approves strategy to reform public procurement system

 

The strategy aims at law and institutional adjustment, the adoption of the EU practices in the field and at streamlining efficiency, transparency and competitiveness of the public procurement system.

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August 8th, 2005

Romanian Competition Council endorses HVB Tiriac

 

The merger of HVB Bank and Banca Tiriac resulted in the 4th largest player on the Romanian banking market.

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August 7th, 2005

Romanian government approves setting up of Holocaust institute

 

The main activity of the institute is the research into and the examination of the Holocaust.

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August 4th, 2005

Austrian Chancellor voices conviction that Romania and Bulgaria's accession to EU will happen on January 1, 2007

 

The themes of interest for the Austrian presidency of the EU - the development of the Danube infrastructures - is advantageous for Romania’s accession to the EU and its economic development.

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August 2nd, 2005

Romanian bank BCR ready for privatization
 
A number of leading international banks are vying for a major shareholding in Romania’s largest bank.

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July 28th, 2005

New harsher law to fight tax fraud

 

Fiscal evasion will be punished by jail

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July 26th, 2005

Romania's GDP estimated to advance 8.3% in 2005

 

Romania's industrial output is expected to advance 5.7% in 2005, while agriculture output is projected to grow by 2.8%.

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July 6th, 2005

Conditions for foreign direct investment in Romania to be improved

 

Romanian Agency for Foreign Investments and Foreign Investors Council work together to identify the investment priorities for each area and grant more facilities to investors

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News - full article
 

August 7th, 2005

Romanian government approves setting up of Holocaust institute

 

The government approved the setting up of the National Institute for Studying the Holocaust in Romania, which will work as a public institution with legal personality, subordinated to the Ministry of Culture and Religious Affairs.

 

The main activity of the institute is the research into and the examination of the Holocaust by finding and preserving the Romanian and foreign documents and publications on this phenomenon and setting up a warehouse to preserve them as evidence of the 20th century historical memory.

 

The National Institute for Studying the Holocaust will contribute its expertise to preserving the spiritual patrimony of the Jewish communities in Romania, which were affected during the Holocaust, and to organizing a Memorial to the Holocaust victims.

 

The above-mentioned institute gets integrated into an international network of similar organizations and coordinates the Romanian research into the Holocaust nationwide.

 

The activity of the institute will also focus on interesting questions connected to the preservation of the spiritual and cultural patrimony of the Jewish communities in Romania, which were affected during the Holocaust.

 

This request is made clear within the cooperation with the Task Force for International Cooperation on Holocaust Education, Remembrance and Research, whose full member Romania became in December 2004.  

 

 

(Sources: BBC, Rompres)

 

 



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