September 24 (SeeNews) - Following are some of the main stories in the online versions of Romanian media on Thursday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
MEDIAFAX
- McDonald’s Romania Director General Marian Alecu will leave the company and Karen Bishop, McDonald's COO for Russia and Eastern Europe, will take over as of October 1, McDonald’s Romania’s PR supervisor, Atena Balint, said.
- The Minister for Small and Medium-Sized Enterprises, Constantin Nita, said he plans to propose new legislation, aiming to attract holding companies with Romanian capital that are currently registered in offshore zones.
ZIARUL FINANCIAR
- A Romanian parliamentary commission recommended the launch of a criminal investigation against Tourism Minister Elena Udrea over alleged misuse of public funds.
- The International Monetary Fund (IMF) on Wednesday disbursed the second loan tranche to Romania worth some 1.85 billion euro; half of the money went to the foregn exchange reserves of the central bank and the rest went to the state Treasury, deputy finance minister Bogdan Dragoi said.
- The Minister for Small and Medium-Sized Enterprises Constantin Nita will propose amendments to current legislation that will enable people younger than 35 years of age to set up a company with initial capital of 10 lei and pay no profit tax in the first three years after startup.
BUSINESS STANDARD
- Romanian businessman Valer Blidar, majority owner of local Feroviara bank that started operations last month, has invested some six million euro in the head office and four branches of the lending institution.
- Romanian IT solution developer and integrator Genesys expects net sales of 28-29 million euro this year, some 20% down from 2008 due to the financial crisis that has reduced demand for the company's products, the group’s Chief Executive Officer, Sorin Baltag, said.
($= 0.6775 euro)