Press Review - January 27, 2016

01.27.2016 By Gabriela Stan

Hidroelectrica To Exit Insolvency In March 2016 - Fondul Proprietatea Manager

Romania's state owned hydropower producer Hidroelectrica will exit insolvency in March 2016, said Greg Konieczny, manager of Romanian investment fund Fondul Proprietatea (FP.RO), at the anniversary of five years from the fund’s listing on Bucharest Stock Exchange, on January 25, 2011.

“We believe Hidroelectrica will exit insolvency in March this year and the listing on the stock exchange will take place in the second half of the year,” Konieczny stated.

The manager added that, despite the evolution in the past years, the only way to ensure progress is the listing of new companies.

“Companies like Hidroelectrica, Aeroporturi Bucuresti, Constanta Harbor, Posta Romana and Salrom are viable candidates and we hope to see them listed in 2016 and 2017,” the manager stated. (Evenimentul Zilei)

PNL Sends Open Letter To Romanian Ombudsman

The National Liberal Party (PNL) has sent an open letter to the Romanian ombudsman, asking for the notification of the Constitutional Court on the electoral law, which stipulates the election of mayors in a single round of elections.

“The opened letter to the ombudsman is a document of position from PNL regarding the necessity to return to the election of mayors in two rounds of elections',“ PNL co-chair Alina Gorghiu stated.

On the other hand, PSD president Liviu Dragnea said that the party would resort to boycotting the elections if they continue the steps to change the electoral legislation. (Adevarul)

Moldovan PM Pavel Filip Pays Official Visit To Romania

Prime Minister of the Republic of Moldova, Pavel Filip, has paid an official visit to Bucharest to meet with the Romanian President, PM Dacian Ciolos and the two chairmen of the Chambers of the Parliament.

Klaus Iohannis told Filip that the Moldovan government should engage in serious reforms and gave assurance of Romania’s support through bilateral relations, as well as at European level.

 “A first step would be resuming the dialog with the International Monetary Fund for closing a new agreement, which is essential for the economic stability of the Republic of Moldova,” Iohannis stated, according to a statement of the Presidential Administration. (Puterea)

Liberal, Social-Democrat Candidates For Local Elections Face Legal Or Incompatibility Issues

Some of the liberal and social-democrat candidates for local elections are facing legal issues or incompatibility issues.

Although, pressured by street protests, the representatives of the parties said that their parties will observe the integrity criteria, some of the candidates are trying to trick them, sometimes with the complicity of the parties, which drew up flexible criteria.

For example, PNL candidate for Botosani City Hall, Catalin Flutur, is subject to criminal proceedings for abuse of office since September 2015. Another example would be PNL candidate for Galati City Hall, Nicusor Ciumacenco, who was declared incompatible by the National Integrity Agency (ANI). Last year, Ciumacenco won the case involving the conflict of interests, but ANI appealed the decision at the Supreme Court.  (Evenimentul Zilei)

Most Of Shampoos On Romanian Market, Inappropriate For Babies

Most of the shampoos on the Romanian market are inappropriate for babies, according to a study conducted by Romanian Consumer Protection Association, which launched the national campaign "SOS – cosmetic and personal care products". 

Thus, the Consumer Protection representatives analyzed 55 types of shampoos for babies and children, in terms of ingredients and the correctness of the information on the label. 

According to the results, only 45% of the shampoos had “no tears” formula, only 38% don’t have parabens, only 25% don’t include synthetic colorants. At the same time, 16% of the analyzed shampoos are not recommended by producers for the use of children under 3, while 13% of them were appropriate for baby use. (Adevarul)