November 11 (SeeNews) - Following are some of the main stories in the online versions of Romanian media on Wednesday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
ZIARUL FINANCIAR
- Patrick Gelin, the president of Romanian bank BRD, a unit of Societe Generale, will give up his post as of January. BRD's shareholders proposed Guy Marie Charles Poupet to replace Gelin for a four-year term.
- Romanian oil and gas equipment manufacturer Armax Gaz reported a nine-month gross profit of 5.05 million lei ($1.8 million/1.2 million euro), more than double compared to the 2.4 million lei gross profit projected for the whole 2009.
- Austria’s Erste Group has set up a non-banking company, good.bee credit, which offers microcredits and consultancy to small enterprises from Romania’s small towns and rural areas.
MEDIAFAX
- The Romanian Chamber of Deputies amended the legislation in order to enable the country's interim cabinet to draft the 2010 budget and present it to parliament. Passing the 2010 budget law by December 10 is one of the conditions Romania has to meet in order to receive the next loan tranche of a 20 billion euro loan package led by the IMF.
- Romania’s President Traian Basescu said if the cabinet lineup led by premier-designate Liviu Negoita is rejected by Parliament, he would nominate a new prime minister, other than Negoita.
BUSINESS STANDARD
- In the past year capital hikes of Romanian banks totalled 468 million euro ($704 mllion), including 225 from cash injections made in the past six months, Florin Georgescu, deputy governor of Romania's central bank, said.
AGERPRES
- The number of AH1/N1 flu cases in Romania has reached 1001, the Health Ministry said.
- The average rent for apartments in the capital Bucharest hit a three-year historic low in October, according to data from the latest real estate monitoring report by AnunturiParticulari.ro. Last month the average asked price by the owners for a bachelor flat stood at 279 euro, 4.0% lower than in September. The average rent for a one-bedroom flat was 390 euro and for a two-bedroom apartment was 533 euro.
(1 euro = 4.2955 Romanian lei)