October 21 (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.
- Romania's parliament backed on Tuesday the launch of a criminal investigation against Tourism Minister Elena Udrea and former Youth Minister Monica Iacob Ridzi for abuse of power in spending public funds, the daily reported.
- Romania's state-owned power grid operator Transelectrica plans to borrow 40 million lei to finance upgrades of its distribution network this year, the company's CEO Adrian Baicusi said.
- The Romanian unit of German building materials maker HeidelbergCement, Carpatcement Holding, sees its profit decreasing 30% to 60 million euro this year as non-residential investments stagnated and infrastructure projects decreased drastically, said the president of the Romanian unit, Mihai Rohan.
- Romanian executives are the most optimistic in central and eastern Europe regarding the consequences of the global crisis on their business, as 15% of them consider that the crisis has positive influence on local companies, a research carried by IMAS Vienna showed. Some 63% of Romanian population consider that current economic problems have limited impact on their companies, while 7.0% believe the crisis has a strong negative impact on their business.
- Romania will receive the first 300 million euro loan from the World Bank’s 1.0 billion euro financial package in few days, deputy Finance Minister Bogdan Dragoi said.
- Polish retailer LPP Fashion will open three new stores by the end of October in the Romanian capital Bucharest following 1.5 million euro investments, LPP Fashion's Romanian unit director general Alexander Zeciu said.
- Romania lost several positions and ranked 50th in the 2009 Freedom of the Press world ranking, released on Tuesday by Reporters Sans Frontieres.
(1 euro=4.2933 Romanian lei)