Anna Maria Vikarius, manager of Heineken Romania’s Miercurea-Ciuc-based brewery, says one of the reasons for dropping the malt production division within the plant was the fact that it accounted for less than half of the facility’s required production.”We will keep the malt storage area and will most probably use the remaining space for other purposes,” said Anna Maria Vikarius, who has been managing the biggest beer plant within Heineken Romania for almost six years. Vikarius has not mentioned what the area will be used for.
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ZF: Billa wants to double its expansion pace next year
Billa network, the biggest player on the domestic supermarket market, plans to step up expansion next year, after having reached the highest number of store openings in one year since entering Romania at the end of 2009. „Year 2010 will see stepped-up expansion on the Romanian market, as we’re due to double the average growth pace of recent years,” Billa representatives stated.In the past three years, the retailer has opened 22 new stores, with the average annual expansion pace standing at seven.
Read MoreFinanciarul: France’s ambassador: Romania starts being aware of agriculture importance
Romania must restructure its agriculture very well in order it could export its farm produce, during the years ahead, France’s Ambassador in Bucharest Henri Paul told Agerpres, on Tuesday.There are farm products, which Romania can export, depending on the season and the achievements of the local agriculture. In Romania, people start becoming aware of the importance of the agriculture, and this is a relatively new thing. Due to the communist mentality on the priority role the industry plays, the agriculture was not seen as the economy’s main branch.
Read MoreZF: Who are the brokers of the billionaires on the Stock Exchange?
The transactions conducted on the Bucharest Stock Exchange this year, after the 2008 collapse of the market, have revealed who the most powerful stock market investors are that have got the money and the intuition to take advantage of the opportunities arisen, but also who their brokers are that helped them gain millions of euros are.
Read MoreRomania: Unique Plan for Church to be „Visible and Useful” in Community
Seventh-day Adventists in Romania are implementing the second stage of a five-year plan for raising the church’s public profile, through a commitment to being „visible, active, and useful” in local communities. More than 350 pastors attended two training seminars held…
Read MoreFinanciarul: Sarah Kane”s “Cleansed” directed by Andrei Serban to be staged in Santander Drama Festival
Sarah Kane”s “Cleansed” directed by Romanian Andrei Serban and produced by the Cluj-Napoca National Theatre will be staged in the 20th edition of the Santander Drama Festival, to be held October 14 – December 19. The Romanian production will be mounted twice, October 15 and October 16, at the Sports Complex of the Cantabria University, the Romanian Culture Institute (ICR) in Madrid reports.
Read MoreRFE Interview: Herta Mueller On Growing Up In Ceausescu’s Romania
Romanian-born author Herta Mueller on October 8 won the 2009 Nobel prize for literature. In 1999, Mueller, whose parents were members of the German-speaking minority in Romania, spoke to Mircea Iorgulescu from RFE/RL’s Romania-Moldova Service about growing up under dictator Nicolae Ceausescu, her encounters with the secret police, and how her background has shaped her work.
Read MoreThe index of the power sector on BSE falls 2% at closing bell, pulled down by Rompetrol shares
The Bucharest Stock Exchange (BSE) closed down today’s session, the composite index losing 0.38 percent, while the power sector plummeted 2 percent, as Rompetrol shares plunged significantly.Liquidity totaled 18.55 million lei at day-end, similar to the 17.65 million lei reported yesterday.
Read MoreTwo workers die at a Transylvania Motorway building site
Two workers died in work accidents at a Transylvania Motorway building site last night (Thurs/Fri) in Cluj county, and labour inspectors are currently investigating it.
Read MoreFinanciarul: New Board of the National Bank of Romania, approved by the Parliament
The new Board of Directors of the National Bank of Romania on Thursday got the approval in the Parliament, with 251 votes having been cast for and 42 against. The new team will stay in office for the next 5 years. BNR governor Mugur Isarescu presented himself before the Parliament with the new team to operate the National Bank for the next five years, with the Deputies and the Senators validating the 9 members of the BNR Board of Directors.
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