PLANT Romania will have the first tyre
\nplant without carbon dioxide emissions in the world. Construction works already
\nstarted on this plant in Oradea north-western Romania on Thursday. The total value
\nof this investment stands at around 600 million Euros and is being made by a
\nwell-known Finnish consortium. The Romanian government’s contribution stands at
\n100 million Euros. The output is due to commence next year and the new factory
\nwill provide hundreds of new jobs. The investment was launched in the presence
\nof Romania’s Prime Minister Nicolae Ciuca, who said: It is very important in
\nthe moves currently underway at the EU and world level to protect the
\nenvironment and is an example to be followed.<\/p>\n
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RISK Romania runs the risk of staying in the middle-income
\ntrap and unless it changes its present outdated economic model, it would find
\nit very difficult to become a state with a developed economy, NATO Deputy
\nSecretary General Romanian Mircea Geoana said. In my opinion, Romania’s
\npresent economic model is outdated. It has far too long been based on small
\nincomes, cheap labour and exports with much too little added value to be able
\nto be competitive and climb the ladder of the developed nations. That’s why it
\nis very clear that we need to build our future by learning from what went wrong
\nin the past years Geoana said at the Future is now summit held in Bucharest.
\nAccording to him only few countries have managed to get out of the
\nmiddle-income trap like South-Korea for instance. He has also mentioned the
\nefforts in this direction made by countries in our region such as the Czech
\nRepublic, Estonia and Poland. <\/p>\n
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FESTIVAL The Cinefemina Film Festival
\nhas kicked off in Bucharest. The festival promotes and supports women working
\nin the European film industry by screening features and short films directed by
\ntalented women filmmakers and producers. Running until May 14, the festival
\nwill bring to cinema halls 12 European features and 5 short films. Produced by
\nfilm studios from Italy, France, Greece, Romania, Austria, the Netherlands,
\nPortugal, Poland, Germany, Spain, Sweden and Hungary, the productions tackle a
\nvariety of genres, from comedy, drama to romance. This year, apart from film
\nscreenings, organizers have also prepared meetings with filmmakers as well as
\nexperts in a number of related fields, representatives of NGOs and journalists.
\nThese debates are aimed at promoting women in industries traditionally
\ndominated by men. <\/p>\n
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GRANTS European Transport Commissioner
\nAdina V\u0103lean on Wednesday distributed two grants worth 60 million euros to
\nRomanian beneficiaries for the construction of the rail bridge in Ungheni on
\nthe Romanian border with the Republic of Moldova and for the modernization of
\nthe Port of Constan\u021ba in the southeast. The funds are earmarked under the
\nConnecting Europe Facility. Regarding the bridge in Ungheni, Commissioner V\u0103lean
\nsaid the project will be an extension of the A8 motorway to the Republic of
\nMoldova, adding that Romania has applied for and secured funding for six
\nbridges. <\/p>\n
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(bill&VP)<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
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