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Romtelecom’s revenues stagnate at 870m euros

March 31, 2009

The revenues of Romtelecom, one of the biggest telecom operators in Romania, last year stagnated at around 870 million euros, though the company boosted the overall number of subscribers by over 12%, amid the aggressive promotions and the tough competition on the market.

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Romanian phisher gets 50 month prison term – Register

March 31, 2009


Novinite.com
Romanian phisher gets 50 month prison term
Register, UK
By Dan Goodin • Get more from this author A Romanian man has been sentenced to serve more than four years in US prison for taking part in a sophisticated phishing scam that cost financial institutions at least $150000. Ovidiu-Ionut Nicola-Roman, 23,
Romanian citizen sentenced in phishing schemeThe Associated Press
Foreign Phisher Sentenced to 50 Months in US PrisonWired News
Romanian Sentenced To Prison For Phishing SchemeDark Reading
NetworkWorld.com - HotNews.co
all 167 news articles

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Romanian Senate Legal Committee: Only Courts Allowed To Suspend Driving Licenses

March 31, 2009

The Romanian Senate’s committee for legal matters on Tuesday approved an amendment to Government Emergency Ordinance 9/2009 stipulating that, in fraud cases, driving licenses can be suspended only by courts, not by the issuing authority.

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Merril Lynch Sees Romanian Economy Contracting 3.4% In ‘09, 3.1% In 2010

March 31, 2009

Merrill Lynch revised downwards its forecast on Romania’s GDP contraction in 2009 to 3.4% from the previous 1.5%, but changed upwards the predictions for 2010 to a 3.1% economic contraction from the 5% previously estimated, due to the possible fiscal-adjustment driven by the IMF agreement.

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EBRD backs Romania's Petrom with loan – Reuters

March 31, 2009


Wall-Street
EBRD backs Romania's Petrom with loan
Reuters
BUCHAREST, March 31 (Reuters) – The European Bank for Reconstruction and Development granted a 150 million euro ($199 million) loan to Romania's top oil and gas firm Petrom SNPP.BX in support of the company's restructuring plans.
EBRD in €300 million environmental loan to Romania’s PetromThe FINANCIAL
EBRD reconfirms commitment to RomaniaPortalino
Romanian companies to receive inexpensive fundsBusinessStandard.RO
Khaleej Times - Reuters
all 27 news articles

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