Articole scrise de Florentina Gagiu
The mix formed by the financial crisis and the new regulation of the National Bank concerning the loans seem to be fatal for the crediting system in Romania. Even the bankers recognize it and they appreciate that if those two events hadn’t taken place in the same time, the loaning wouldn’t have frozen, it would have just slowed down. October is considered one of the blackest periods since the post Decembrist loaning period, and November or the following three months don’t seem to be different.
It’s difficult to say what has affected more the...
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Igor Hulak, president of the Czech company Aero Vodochody, has visited on Tuesday IAR Ghimbav and carried on discussions with the administration and trade unions. Aero Vodochody is the single company that remained in race for taking over IAR, after AVAS excluded from negotiations Marcovici Capital Ltd. Israel.
Igor Hulak stated that it was impressed by the organization of the society from Brasov. “However, the technology should be changed, starting with the production equipments and the ones that operate the chemical process or at least should be modernized the already existent...
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Germany and Italy have officially stated that they have entered in economic crisis. The shock wave has touched also the Romanian economy, through the collapse in demand on the main two export markets, and also on other European markets, where our country still had profitable businesses.The group of the European Union member states that meet the criteria of an economy in recession, respective two consecutive quarters of decrease in the gross domestic product, is more and more numerous. According to the data published by the Statistical European Office, Germany that was considered not...
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Year 2008 started promising for the aggregate works in Romania. The intermediary financial results forecasted economic performances above the ones in 2007 and
it was mentioned about a huge investment next to the shore. The world economic crisis has ruined the plan of the siderurgists. Now, at the end of the year it’s being spoken about reducing the production and about unemployment.
At the middle of September, the Ministry of Economy has sent to Brussels a study that shows that the Romanian siderurgy is profitable, that there is consumption and that the commercial balance...
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The drop in world demand for crude oil caused by the financial crisis generated a sudden fall of international quotations for oil on the international market. If during the summer we were referring to a price of 140 dollars per barrel, now the quotation has dropped under 60 dollars. The oil companies from Romania have adopted crisis measures and are on the look-out, although they say that aren’t affected yet.
However, they have record quantities of commercialized fuels.
The oil companies that operate in Romania sustain that the effects of the world financial crisis...
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Revised sales in fall, reduced orders, dismissal of personnel, these are only a few of the effects which the crisis has in Iasi. More and more companies from Iasi say that they follow to reorganize their activity, as a result of worsening the economic conditions. The first signal was drawn by the metallurgy and scrap metal recycling industry. The owner of the companies Remat and Pieta was among the first ones that have operated reorganizations within the group of companies which he controls, after the iron’s price has suddenly fallen. The auto dealers appreciate that the...
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During this year, the number of operational spa centers in Romania increased with over 50%, mainly on the hotels segment, up to a total of 190 rooms, according to the data supplied by the consultancy agency MondoSpa. “In 2009, the evolution of this market will follow the trend of 2008: an increase that will mainly focus on the hotel spa segment. Moreover, next year the profile market will come up with something new: the set up of the first real estate spas inside the Stejarii in Baneasa and Silver Mountain in Poiana Brasov assemblies”, the general director of MondoSpa, Liliana...
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Even if the sales for New Year’s Eve don’t put up to the expectations, the Romanian tour-operators are already preparing touristic offers for the next year. The “coordinates” of the touristic year that starts in 2009 consist in inserting new charter flights, the decrease of price to some worldwide touristic services (due to the decrease in demand generated by the economic crisis) and aggressive promotion of some destinations. So the Romanians will be able to choose among the new charter flights to Santorini, Mykonos, Chefalonia, new products being also...
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The major players inside the Internet industry appreciate that the moments of crisis, as it also happened in 2000-2001, are a perfect timing for launching new projects, sites that will gain billion of dollars in a few years. At least this is the conclusion drawn by the founder of Digg.com, Kevin Rose, to Web 2.0 Summit 2008 which just ended at San Francisco. It’s also true that the only concrete event of the conference was the launch of MySpace Music and the rumor that the online division of News Corp. will launch an MP3 player under its own brand, for competing with iPod. Does...
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Microsoft pours even more money in promoting its search engine, announcing that will offer discounts up 25% to all those that are searching products through Live Search and buy from eBay, for example. For sure, there are many conditions, and the limit of the prices is of about 200 dollars, the payments being mandatory through PayPal. Obviously, only for the users from United States. Microsoft also offers points for the ones that frequently use the searching engine, and certain sums of points can be transformed into prizes.
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