Forecast: Changeable Weather Advisory Valid Across Romania Through Wednesday Morning
The National Weather Administration issued a changeable weather advisory valid for the entire Romania Monday through Wednesday morning.
Meteorologists warn that between August 22 (9:00 a.m.) and August 24, 6:00 a.m.) it is expected highly changeable weather comprising rain showers, thunderstorms, gusts and isolated instances of hail.
The phenomena will start predominantly in the western, north-western and mountainous areas, to cover in the end the entire country. Heavy rain showers will bring 20 liters of water per square metre, and even 40-50 liters per sqm in some areas. (Adevarul)
Insolvent Chemical Plant Oltchim Put Up For Sale Piece By Piece
Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO), which has been insolvent since January 2013, is put up for sale piece by piece, through nine asset packages.
The selection process of investors is expected to be completed at the end of 2016, according to an announcement made by the company.
“Oltchim will launch a competitive process for the sale of its assets grouped in several packages, and the company currently targets nine asset packages,” according to the announcement. Interested investors have until September 30, 2016 to submit letters of intent for any or all asset packages. The selection process is due for completion by the end of 2016,” the announcement also says.
Deputy prime minister Costin Borc, who is also Economy minister, said that despite being insolvent, the company’s financial situation has improved, therefore, there is hope of finding an investor “for a sustainable future of the company’s economic operations,” under market conditions. (Adevarul)
Half Of Romanian Tourists Spent Their Vacation In Greece
Over the last ten years, Greece and Turkey have been Romanians’ most sought-after summer holiday destinations.
Over the last year, however, Turkey lost several million tourists, mainly Russians, due to terrorist attacks. Tourists focused on other secure destinations such as Spain, Italy, Portugal and Croatia, but the bulk of them chose Greece, which gained ground due to the instability in other countries.
Tourism consultants say Greece will remain the number one foreign destination for Romanians, followed by Bulgaria and Turkey, depending on the number of tourists. (Puterea)
PSD And ALDE May Form An Alliance With UDMR
Calin Popescu-Tariceanu, co-president of the Alliance of Liberals and Democrats for Europe (ALDE), said he wants the Social Democratic Party (PSD) and ALDE to make an offer to the Democratic Union of Hungarians in Romania (UDMR) after the parliamentary elections due in fall.
Tariceanu said he wants a larger majority in Parliament formed of PSD-ALDE-UDMR, adding there currently is “a trend outlining the PSD – ALDE majority, but anything can happen and change the situation.” (Evenimentul Zilei)
ALDE Head Speaks About Upcoming Parliamentary Elections
Asked whether he wants to become prime minister, considering that PSD Head Liviu Dragnea is likely not to run for parliamentary elections due to his criminal conviction, ALDE head Calin Popescu-Tariceanu said France also had a former PM running in elections despite his criminal conviction.
Tariceanu, co-president of the Alliance of Liberals and Democrats for Europe (ALDE), said he just read that former French prime minister Alain Juppe, sentenced to 18 months suspended prison sentence for abuse of power, stands a good chance of becoming France’s next president at the next elections. (Adevarul)