Search Results for: Romanian

BY KEITH NUTHALL

A ROMANIAN chemical company making caustic soda flakes and hydrogen peroxide has abandoned an attempt to takeover a troubled supplier after opposition from the European Commission. It was probing concerns about the legality under European competition law of a Romanian government 80% loan guarantee of a Euro EUR62 million bank loan to help Oltchim buy Arpechim.…

BY ROBERT STOKES

A SURGE in e-book reading in Spain coincides with exhibition space being devoted to digital publishing for the first time ever at LIBER, the International Book Fair for the Spanish speaking world, from Wednesday to Friday this week in Madrid.…

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EUROPEAN chemical industry federation CEFIC has called for a review of administration under European Union (EU) chemical control system REACH to help small-and-medium-sized companies (SMEs) deal with its burden. As the first key REACH chemical deadline of November 30 approaches, CEFIC director general Hubert Mandery has looked ahead to subsequent deadlines, which involve chemicals used in smaller volumes.…

BY KEITH NUTHALL

THE LATEST European Commission monitoring report on Bulgaria and Romania’s fight against fraud and corruption has said Sofia has made progress, while Bucharest has slipped back. Since the victory of the centre right Citizens for European Development of Bulgaria last June, robust policies have tackled organised crime, fraud and corruption.…

BY MARK ROWE

WHEN it comes to the power sector, it certainly pays to be green in eastern Europe right now. The London-based European Bank for Reconstruction and Development (EBRD), whose mandate is to bring sustainable development to eastern Europe and central Asia, has been especially active in promoting green energy across the region.…

BY KEITH NUTHALL

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is considering taking the lead in refinancing the bulk of the debt owed by south-east Europe’s largest aluminium producer – Romania’s Alro.

The London-based EBRD has drafted a plan to lend Alro up to US dollars USD180 million, of which at least USD105 million would be syndicated to commercial banks (including the company’s current lenders).…

BY KEITH NUTHALL

THE EUROPEAN Parliament is seeking a European Union (EU) ban on using cyanide technologies in mining, notably to prevent a repeat of the year 2000 Baia Mare gold mine disaster in Romania. Then toxic tailings were released into the River Danube system when a dam penning them up collapsed.…

BY KEITH NUTHALL

ROMANIAN customs officers participating in an international anti-smuggling action have seized 20 tonnes of undocumented perfume from a lorry – containing scents in Gucci, Versace, Calvin Klein, Chanel and other packaging. The raid was coordinated with other actions across Europe by European Union anti-fraud unit OLAF.…

BY KEITH NUTHALL

OFFICIALS from the European Union’s (EU) anti-fraud unit OLAF have revealed to just-drinks how an international EU customs operation seized 6,400 litres of counterfeit and smuggled alcohol. OLAF said the Matthew II operation was organised by the Czech Republic, working closely with Poland and OLAF: all EU countries were invited to participate.…

BY KEITH NUTHALL

THE NEW European Union (EU) agriculture Commissioner will have reassured liberalisers with a clear commitment today that he supports scrapping restrictive EU dairy production quotas in 2015. Romanian Dacian Ciolo?’ appointment came amidst mutterings in Brussels, London and elsewhere that he might reinstate dairy quotas.…