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RADOR: News from Romania, 97-09-17
September 17th, 1997
CONTENTS
[01] PHARE Programme for Promoting Romanian Export
[02] RENEL Is to Be Restructured
[03] Radio Frequency Phoning System in the 5th and 6th Bucharest Districts
[04] Fourth Edition of the Domestic Goods Fair
[05] Weather in Romania
[06] Currency Rates
[01] PHARE Programme for Promoting Romanian Export
The President of the Romanian Chamber of Commerce and Industry George
Cojocaru believes that the actual mentality and the poor management are two
of the problems the Romanian economy and especially the exports have to
face. Some 120 Romanian companies are to deal away with this problem thanks
to a PHARE programme offering 1.5 million ECU for promoting these firms in
the export field. The project has been launched in June and it is to be
initiated by a Romanian and foreign experts consortium. RADOR, September
17
[02] RENEL Is to Be Restructured
The RENEL general manager Aureliu Leca presented the restructuring
programme of the power field in Romania to the Coordinating Council of the
governing coalition. According to this programme, the electricity producing
companies are to become independent while the distribution companies are to
remain under state control. This will avoid financial losses generated by
some consumers failing to pay their fees in time. RADOR, September 17
[03] Radio Frequency Phoning System in the 5th and 6th Bucharest Districts
ROMTELECOM signed on Tuesday a contract with the Erikson company for
enabling a radio frequency phoning system in the 5th and 6th districts of
Bucharest. This will allow to satisfy 10,000 requests from legal bodies for
connecting phone lines - the minister for telecommunications Sorin Pantis
announced. He said that a number of 95 FM frequencies and 44 local
television ones would also be auctioned. Sorin Pantis also said that the
average 7.45% raise of the Romanian Post Corporation prices are caused by
inflation, but that it is not appliable in case of international calls.
RADOR, September 17
[04] Fourth Edition of the Domestic Goods Fair
Miercurea Ciuc is the venue for the 4th edition of the HARMASTERS Domestic
Goods Fair organized by the Harghita Chamber of Commerce and Industry. This
fourth edition's new element is the NETCOMP company offering access on the
INTERNET through cable Tv. In this context, discussions will be held over
increasing trade activities of economic units if the businessmen are to use
the INTERNET system. Another major concern of the Harghita Chamber of
Commerce and Industry is to promote economic units with joint Romanian-
foreign capital, and create facilities for them to take part in the
exhibitons the Harghita Chamber of Commerce and Industry will organize in
the future. RADOR, September 17
[05] Weather in Romania
Weather in Romania will be nice in most of the country. Temperatures will
range from 2-12 centigrades to 16-22 centigrades. Northern and central
Romania will be covered by rime in the morning but there will be no rain.
RADOR, September 17
[06] Currency rates
1 USD = 7,505 lei; 1 DEM = 4,256 lei; 1 CHF = 5,182 lei; 1 FRF = 1,267 lei;
1 GBP = 11,991 lei. RADOR, September 17
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