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      January 23, 2006


  FIC
No news for today
  Financial News
Piraeus Bank founded the accommodation investment fund Trieris Real Estate Fund
ING Life Insurances reported a business increment of 44%, in 2005
In 2005, the income of the insurance company Allianz-Tiriac increased with 23% comparing with 2004
In 2005, Procredit Bank registered, a profit of EUR 1.75 millions
  Macroeconomic News
A number of 20 buildings from the public area will be rehabilitated regarding the heating system
loan Niculae, the president of Interagro, declared that it exists the risk of closing the chemical fertilizer plants
The Government approved the economical cooperation agreement with Moldavia
  Investment News
Eurotrend will build a residential complex in Cluj-Napoca
A company from Israel will develop, in Romania, a network of shopping centers mark Plaza Centers
  Legislative News
The members of the General Unions of the Industrial Workers from Romania disagree with the stipulations from the law of the reform in health system
The Romanian Patronage Association from the Milk Industry contests the stipulations of the Governmental Decision number 1853/2005
  Politics
The state minister George Copos declared that he will be present at DNA, on 23 January
PSD continues to sustain Adrian Nastase in the function of president of the Deputy Room

 

   Financial News

  Piraeus Bank founded the accommodation investment fund Trieris Real Estate Fund

   Piraeus Bank founded the flat investment fund, with a capital of EUR 50 millions, designated to the South-Eastern Europe. The company is called Trieris Real Estate Fund and it be sponsored mainly by Piraeus Bank investors. The purpose of Trieris is to attract incomes, by investing in accommodation projects with high productivity and in accommodation development.
   (CURIERUL NATIONAL 5 Andreea Toader) --- Read article here

 ING Life Insurances reported a business increment of 44%, in 2005

   In 2005, ING Insurances subscribed bonuses of over EUR 108 000, increasing with 44% comparing with the previous year. From these, EUR 30 000 are brute bonuses subscribed from the so - called " private pension insurances ''. Bram Boon, general manager at ING Insurances, declared that is " very pleased with the changes made in the regulations for the private pensions funds ''.
   (ZIARUL FINANCIAR 4 SORIN PASLARU) --- Read article here

 In 2005, the income of the insurance company Allianz-Tiriac increased with 23% comparing with 2004

  Cristian Constantinescu, general manager of Allianz-Tiriac, declared that in 2005, the company registered brute bonuses of " over EUR 220 000 ''. The subscriptions increased with 23% comparing with 2004, when Allianz-Tiriac had business of EUR 179 000.
   (ZIARUL FINANCIAR 4 SORIN PASLARU) --- Read article here

 In 2005, Procredit Bank registered, a profit of EUR 1.75 millions

  In 2005, Procredit Bank registered, a profit of EUR 1.75 millions. The total stocks of the bank increased " with approximatively 90% '' during 2005. The bank registered " in the same period '' a loan fund of EUR 89 millions, increasing with 73%, comparing with 2004.
   (ZIARUL FINANCIAR 4 LIVIU CHIRU) --- Read article here

   Macroeconomic News

 A number of 20 buildings from the public area will be rehabilitated regarding the heating system


  A number of 20 buildings from the public area, that have social assistance or/and health assistance purposes, will be rehabilitated regarding the heating system ''in the next period''. The money sums for this project are evaluated at " over 15.5 millions RON ''.

   (ECONOMISTUL 7 ) --- Read article here

 loan Niculae, the president of Interagro, declared that it exists the risk of closing the chemical fertilizer plants


   loan Niculae, the president of Interagro, declared that " if some major changes regarding the taxes for natural gases won't take place it exists the risk of closing the chemical fertilizer plants ''. The tax for the natural gas is EUR 150 for 1 000 cubic meters.

   (ECONOMISTUL 8 Emil CIULEI) --- Read article here

 The Government approved the economical cooperation agreement with Moldavia


   On 16 November 2005, the Government approved the economical industrial and technical - scientifically cooperation agreement with Moldavia. The agreement wants to identify the interest domains for a mutual cooperation. The cooperation regards the industry and agriculture, the science and technology, the regional development, the environment protection and the increment of the living level in the two countries.

   (ZIUA 7 OB) --- Read article here

   Investment News

 Eurotrend will build a residential complex in Cluj-Napoca

  Eurotrend will build, in the central area of Cluj-Napoca, a residential complex of 18 villas, called Eden Residence, with a total surface of 10 300 square meters. The invested area is EUR 4.5 millions. Alina Felezeu, sales manager of Eurotrend, estimates that the project will be finished in the fourth trimester of 2006.
  (ECONOMISTUL 6 ) --- Read article here

 A company from Israel will develop, in Romania, a network of shopping centers mark Plaza Centers

  The company Elbit Medical Imaging from Israel will develop " in the next years '', in Romania, a network of shopping centers mark Plaza Centers. The company regards the construction of two complexes of this type, in Bucharest and the extension in other cities, with minimum 100 000 inhabitants. The company is present on the Romanian market from 2000, with the Elcint company, major shareholder at hotel Bucharest.
  (ECONOMISTUL 6 ) --- Read article here

   Legislative News

   The members of the General Unions of the Industrial Workers from Romania disagree with the stipulations from the law of the reform in health system

  The members of the General Unions of the Industrial Workers from Romania disagree with the stipulations, regarding the modification of the managing method of the health fund, from the law of the reform in health system. " The Industrial Workers '' consider that, by doing so, it is estimated that the Administration Council of the National House of Health Insurances will become just a consultative council that will rarely meet and whose president will have a veto right concerning any decision of the Administration Council.
  (CURIERUL NATIONAL 8 Lucien Botoc) ---  Read article here

   The Romanian Patronage Association from the Milk Industry contests the stipulations of the Governmental Decision number 1853/2005

  The Romanian Patronage Association from the Milk Industry organized an press conference in order to contests the stipulations of the Governmental Decision number 1853/2005. The decision regards the subventions accordance, in 2006, to the producers from the animal and fish sectors. The representatives of the association consider that the normative act " can lead to the reduction of the animal raisers incomes ''.
  (ECONOMISTUL 3 Dragos CHIRIAC) ---  Read article here

   Politics

 The state minister George Copos declared that he will be present at DNA, on 23 January

  The state minister George Copos declared that he will be present at DNA, on 23 January, in order to find out the accusations, regarding the accommodation business made by one of his companies, Ana Electronic, with the National Lottery. On 21 January, Copos solicited the Permanent Bureau of the Conservator Party (PC), to take notice of his decision of quiting from all the functions he has in PC, until he will find out what are the accusations.
  (JURNALUL NATIONAL 1 ) ---  Read article here
  (JURNALUL NATIONAL 9 ) ---  Read article here

 PSD continues to sustain Adrian Nastase in the function of president of the Deputy Room

  Mircea Geoana, the president of PSD, declared that the party he represents will continue to support Adrian Nastase in the function of president of the Deputy Room. On 22 January 2006, the representatives of PSD adopted, at Poiana Brasov, a declaration in which it is shown that the " political fight must be with the political rivals, not in the interior of the party ''.
  (COTIDIANUL 1 ) ---  Read article here
  (COTIDIANUL 7 ) ---  Read article here
   
   
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