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Nov 23, 2009 11:11 EEST
November 23 (SeeNews) - Following are some of the main stories in the online versions of Romanian media over the weekend and on Monday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
- Romania's MKB Romexterra Bank said it plans to raise its share capital by 97.91 million lei to 292 million lei. The bank's shareholders will vote on the proposed capital hike on December 30.
- More than 29,000 employees will be laid off in Romania between November this year and April of 2010 with most of them losing their jobs by the end of 2009, the government's employment agency said.
- Lafarge Ciment, the Romanian unit of the French bulding materials producer Lafarge, sees its profit falling due to drop in sales by 28%-30% this year for the first time since 1997 when the company started operations in Romania, the head of Lafarge Ciment, Phillipe Questiaux, said.
- Japanese car parts maker Fujikura will move its car cables poduction from Spain to its two units in the Romanian northwestern county of Cluj, vice-president corporate Fujikura Automotive Group, Ignacio Ibarra, said.
- Romania's Health Ministry confirmed 1,921 infections with the A(H1N1) virus by Sunday with 72 of them registered in the last 24 hours.
- U.S. giant Kraft Foods closed its chocolate factory in the Romanian town of Brasov on Thursday and 220 its employees will lose their jobs from January next year, factory trade union leader Dragos Grigore said.
- Romania will fail to meet an IMF-prescribed budget deficit target of below 6.0% of the Gross Domestic Product in 2010, Erste Bank said, forecasting that the budget gap will be equivalent to 6.5% to 7.0% of GDP next year.
(1 euro=4.2824 Romanian lei)
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