Michelin To Close Tire Plant In Hungary, Relocate Production To Poland, Romania, Germany
French group Michelin will close its truck tire production plant in Budapest next year, and the plant’s production will be mainly relocated to the Michelin facilities in Olsztyn (Poland), Zalau (Romania), Karlsruhe and Homburg (Germany).
“In response to the adverse trends and aggressive competition in the European truck tire market, which remains volatile and 23% down on its historic peak in 2007, Michelin has announced its intention to close its truck tire production plant in Budapest. The decision reflects the fact that extending the facility is no longer possible, due to its location in an urban setting, and that improving its competitiveness would require excessive upgrading with new equipment,” Michelin said in a press statement.
In Romania, Michelin operates two tire production facilities, in Floresti (Prahova county) and Zalau (Salaj county), supplied with metallic cord produced at Zalau Cord plant.
„Michelin se muta din Ungaria in Romania” (Adevarul)
Antitrust Authority Estimates To Apply Fines Of EUR20M This Year, Same As In 2013
Romania’s antitrust authority will open around 20 new investigations this year and estimates it will apply fines totaling some EUR20 million, roughly the same as last, Competition Council president Bogdan Chiritoiu said Tuesday.
“Last year we opened 20 new investigations and applied fines of EUR20 million. This year we’ll take the same route in terms of fine levels and we plan to open around 20 new cases and complete major investigations,” Chiritoiu said at the Mediafax talks about Competition conference.
Chiritoiu said the antitrust authority is currently working on several investigations regarding cartels and price-fixing deals between competitors and cases to be finalized this year target the media market, rigged auctions and food trade. (Puterea)
Government Sent Notification On President’s Involvement In Electoral Campaign To Constitutional Court
The government sent the notification regarding the involvement of President Traian Basescu in the electoral campaign to the Constitutional Court, official sources told MEDIAFAX.
The president of the court, Augustin Zegrean, stated Tuesday that the notification was registered, being the first of such type. Zegrean refused to comment on the pictures with President Traian Basescu wearing the T-shirt with the logo of the People’s Movement Party (PMP). Official sources told Mediafax that the government’s notification will be debated by the judges of the Constitutional Court on May 21. (Adevarul)
Calin Popescu-Tariceanu Sends Open Letter To Liberals
Former member of the National Liberal Party (PNL), Calin Popescu-Tariceanu said, in “an open letter to liberals”, that, in his opinion, “the presence of PNL in the USL government was the mandate given by electors in 2012”.
The direction that PNL should follow must be decided during an Extraordinary Congress to be organized right after the elections for European Parliament, Tariceanu said.
The former PNL member added that, “following talks with many liberal colleagues lately”, he believes in the need of a liberal component in the governing, adding that he is “shocked” by the latest events and by the bossy attitude and position of PNL president Crin Antonescu. (Evenimentul Zilei)
Works For Bicycle Transport System In Bucharest City Center To Start In July – Mayor
Bucharest mayor Sorin Oprescu stated Tuesday that the works for the bicycle transport system in the center of the city will start in July, when the traffic is lighter as people go on vacation.
Oprescu said that they should carry out a technical project for the bicycle tracks in the central zone, so that the project will be completed at the end of 2015. The bicycle lanes will be carried out both on sidewalks and on the streets, depending on the roads, with the main concern being the bikers’ safety. (Evenimentul Zilei)