The Russian executive that has run Philip Morris Romania cigarette producer over the past six months, Sergey Slipchenko, says the Otopeni plant has already started exporting Marlboro cigarettes to Japan. … [Read more...]
Earthquake Pulls Japan Back In Recession
May 20, 2011 By Leave a Comment
After the devastation caused by the earthquake and tsunami in March, Japan’s economy, known as the world’s third largest, has slid back into recession. The gross domestic product shrank 0.9 pc in the … [Read more...]
Japan Tobacco Moves Its Production To Romania
May 10, 2011 By 1 Comment
Japan Tobacco Inc. cigarette producer will close down its factory in Hainburg, Austria, transfering the production to Romania and Poland. The move should materialize by the end of this year, when 320 … [Read more...]
OECD: Japan’s GDP Growth At 0.8% This Year
April 26, 2011 By Leave a Comment
The Organization for Economic Cooperation and Development said that, because of the earthquake and tsunami that devastated parts of the country, growth in Japan’s gross domestic product (GDP) will slow … [Read more...]
12 Nuclear Reactors 1,000 km From Romania’s Rorders
March 31, 2011 By Leave a Comment
The future of nuclear energy is matter of dispute in some states, after the Japan disaster. At the same time, already existing plants are undergoing new security tests in case of natural disaster. In Romania’s … [Read more...]
Japan rebuilts 300 km of Tohoku highway in 13 days
March 30, 2011 By 1 Comment
After Japan's March 11th earthquake and tsunami, we've been watching, hypnotized by the devastation of the country: houses and businesses destroyed, whole towns wiped out, families torn apart by the … [Read more...]
Romanians In Japan To Be Repatriated With A Special Flight
March 21, 2011 By Leave a Comment
The Romanian Foreign Ministry (MAE) reports in a press release that Romania's Tarom national air carrier dispatched on Friday afternoon a special flight for Japan from the Henri Coanda International Airport … [Read more...]
Japan Nuclear Crisis Contaminates Stock Markets World Wide
March 16, 2011 By Leave a Comment
The Tokyo Stock Exchange lost 10.6%.Shares across the world fell. A new major earthquake hit. The situation in Japan remains critical after a third blast at the Fukushima nuclear power plant. Also, a rise … [Read more...]
Euro Will Fall To 4 Lei
March 14, 2011 By Leave a Comment
Analysts of American giant JP Morgan believe the leu will continue to strengthen throughout 2011 to an exchange rate of 4 lei per euro in December. They come with the most optimistic exchange rate forecast … [Read more...]
The Ol’ 1-2 … Defined
March 14, 2011 By Leave a Comment
There’s an American phrase called “giving ‘em the ol’ 1-2.” It’s a boxing term that describes the penultimate and ultimate blows that end a contest. When I was a little kid, I knew it was … [Read more...]
