March
2006
4
REPORTS
 
4
Vol. 2 No.2  
 
 
Battle over the heritage to Brancusi

     Wonder why there are no models or t-shirts of Brancusi in Romania? Copyright law places the reproduction of his work out of the hands of its owners, finds Anca Pol.
     In 1927, a version of sculptor Constantin Brancusi’s sculpture ‘The Bird in Space’ was transported from Europe to the American continent, following its purchase by an American for 600 USD. Seeing the lean and simple abstract figure, the American customs clerks labelled the merchandise ‘industrial object’ and charged the buyer a 40 per cent import tax.

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Scale of capital’s stray dog problem unknown

     Following the savage death of a Japanese businessman by a stray dog in Bucharest’s most exclusive retail avenue, city authorities are making steps to solve the problem of strays in the capital, but the scale of the problem remains unknown.
     Hajime Hori, the 68-year-old former head of a local unit of a ball-bearing manufacturer, was attacked by a dog last month outside his apartment on Calea Victoriei, near the seat of the Government.

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Cosy detention

     With Romania set to become the longest border of the European Union, authorities expect a rise in illegal immigrants. Ana-Maria Smadeanu looks at a local solution, imported from Belgium.

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Local credit risks ease

     Romania has overtaken Bulgaria in the risk management stakes for the first time, according to credit risk management group Coface, though it still lags behind Slovakia and Poland.
     Romania has an A4 rating, up from the B+ rating in June 2005. This means businesses in the country have an “average” level of risk when undertaking monetary transactions in the short-term.

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