Grup Servicii Petroliere's shareholders have approved a USD 20 million revolving credit facility from Eximbank. The loan was contracted on a year.

Main headlines from Romanian and international media for Friday, July 30, 2010

Carmaker Automobile Dacia has delivered a car fleet made of 46 Duster cars to telecom operator Orange Romania. The car fleet will be used by Orange's technical department for its telecom network repairing and for rapid interventions.

Online retailer eMag.ro has sold over 240 products which were mistakenly discounted by more than ten times, due to a website technical error, the company's manager Radu Apostolescu wrote on the firm's website. The mistake has a cost of around RON 132,000 (the equivalent of around EUR 31,000) for eMag.ro, which has decided to validate the sales even so.

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Private health care operator Centrul Medical Unirea (CMU) posted EUR 10 million in revenues in the first half of the year, a 36 percent improvement on the same period of last year. CMU's Regina Maria maternity grew its turnover more than two fold during this period.

Pharmaceutical group A&D Pharma posted a sales figure of EUR 303 million in the first half of this year, up 30 percent on the same period last year, the company has announced. Its net profit went up even more – by 90 percent, to EUR 17.45 million.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Romania will use an integrated information system in its health sector, which includes the introduction of a health card, the electronic chart and the electronic prescription, which it hopes to introduce by the end of next year. This could save the country some EUR 300 million, according to Prime Minister Emil Boc.

Grup Servicii Petroliere's shareholders have approved a USD 20 million revolving credit facility from Eximbank. The loan was contracted on a year.

Main headlines from Romanian and international media for Friday, July 30, 2010

Carmaker Automobile Dacia has delivered a car fleet made of 46 Duster cars to telecom operator Orange Romania. The car fleet will be used by Orange's technical department for its telecom network repairing and for rapid interventions.

Online retailer eMag.ro has sold over 240 products which were mistakenly discounted by more than ten times, due to a website technical error, the company's manager Radu Apostolescu wrote on the firm's website. The mistake has a cost of around RON 132,000 (the equivalent of around EUR 31,000) for eMag.ro, which has decided to validate the sales even so.

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Private health care operator Centrul Medical Unirea (CMU) posted EUR 10 million in revenues in the first half of the year, a 36 percent improvement on the same period of last year. CMU's Regina Maria maternity grew its turnover more than two fold during this period.

Pharmaceutical group A&D Pharma posted a sales figure of EUR 303 million in the first half of this year, up 30 percent on the same period last year, the company has announced. Its net profit went up even more – by 90 percent, to EUR 17.45 million.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Romania will use an integrated information system in its health sector, which includes the introduction of a health card, the electronic chart and the electronic prescription, which it hopes to introduce by the end of next year. This could save the country some EUR 300 million, according to Prime Minister Emil Boc.