Romanians To Get Earthquake Early Alerts Via Mobile Phones, Radio And Television
Romanian people will receive earthquake early warnings through text messages, radio and television, by means of an application which is currently developed by software experts.
Mihnea Costoiu, minister-delegate for higher education and technological research and development, said both the population and the authorities will get earthquake alerts, in real time, through an application which will be available on mobile phones and computers, via the Internet.
According to Costoiu, competent authorities are in talks with various companies, including telecom operators, to implement the application. (Evenimentul Zilei)
United Global Resources Eyes Investing In Romanian Remin Baia Mare
U.S. company United Global Resources (UGR), whose president and co-founder is Wesley Clark, retired general of the United States Army, has expressed interest in investing in Romanian insolvent mining company Remin Baia Mare.
Companies Glencore (Switzerland), Romaltyn, African Consolidated Resources and New Mineral Processing are also interested in restarting activity at Remin, Adrian Volintiru, head of Romania’s privatization authority AAAS, told news agency MEDIAFAX.
Remin Baia Mare is entirely owned by the state, through Romania’s state assets privatization office OPSPI, which plans to launch a public offering to select the investors willing to revive mining activities at Remin. (Jurnalul National)
Romgaz IPO Starts Tuesday
The initial public offering (IPO) of 15% in Romanian state-run natural gas producer Romgaz will start Tuesday, October 22, a day later than initially announced by the representatives of the Department of Energy.
Romania’s government could raise as much as 1.85 billion lei (EUR415.6 million) in Romgaz’s IPO, according to a pricing range it set Friday. The government has set a price range of 24 to 32 lei (EUR5.39 to EUR7.18) a share for Romgaz’s initial public offering of shares and global depository receipts (GDRs) to be traded in Bucharest and London, respectively. (Evenimentul Zilei)
Mihai Sturzu Elected Head Of Social Democratic Youth
MP Mihai Sturzu has been elected president of the Social Democratic Youth (TSD) organization of Romania’s Social Democratic Party.
Sturzu, 34, was the only leadership contender.
The youth organization’s leadership also includes Ioana Pop (executive president), Gabriel Petrea (secretary general), Marius Dunca (head of the National Council) and Andrei Tinu (vice-president). (Evenimentul Zilei)
Bucharest Mayor Says He Is “Not Inclined” To Run For President
Bucharest mayor Sorin Oprescu said he is not thinking about running for President of Romania right now.
“I am not thinking about running for president right now. I am saying it loud and clear,” Oprescu responded when asked during a TV show whether he will run for president in next year’s elections. (Jurnalul National)