23 ian 2013

General Electric has installed 265 wind turbines in Romania so far, each of which with a capacity of 2.5 megawatts. At an average cost of EUR1.5 million for installing one megawatt in a wind farm, more

18 ian 2013

A foreign manager says what the Economy minister should have said: Romania stands to gain too little from the green energy boom because most equipment is not built locally. more

6 iul 2011

Romania's Government has approved a bill introducing extended confiscation, an act that will be sent to the Parliament for adoption. more

6 iul 2011

Cigarette smuggling to Romania has dropped to 12% in May 2011, from 36.2% in 2009, following the efforts of the Customs authority, Prosecutor's office, National Anticorruption Department, cigarette more

6 iul 2011

Romania maintains its position on the Israeli-Palestinian conflict and supports the resumption of direct negotiations between the two parties, to ensure peace in the region, Prime Minister Emil Boc more

5 iul 2011

Romania's Justice Ministry on Tuesday put up for public debate a bill introducing extended wealth confiscation, arguing that current instruments have not done enough to ensure trans-border more

5 iul 2011

Romania's Government will make a decision regarding the new version of the car pollution tax in the next two weeks, while considering a new idea – to introduce a general pollution tax applicable to more

5 iul 2011

Romania's agriculture support agency (APIA) transferred EUR700.42 million in area aid by the end of June, making up 97.77% of the scheme's total allocation, as well as subsidies for milk producers in more

5 iul 2011

More than 3,900 cases of illegal employment have been revealed in Romania since the new Labor Code entered force and authorities gave out fines of over 23 million lei (EUR5.5 million), while the more

5 iul 2011

The sales of Microsoft Romania stagnated in the 2011 financial year, which ended on June 30, as the local software market shrunk by 5%. more

4 iul 2011

Bucharest subway operator Metrorex has called off its auction to buy electricity, because of the lack of bidders for the 52 million lei (EUR12.31 million) contract, and will launch a new procurement more

1 iul 2011

Romania's Government has decided to raise the salaries of employees handling the financial contribution allotted for Romania by Switzerland through a program to reduce economic and social gaps in the more

1 iul 2011

Romania's Government plans to extend, until 2020, the fiscal incentives granted to companies that invest in industrial parks, make these companies eligible for EU funds and open another five parks in more

30 iun 2011

The European Commission will analyze, in July, the requests for compensation filed by producers affected by the E.coli outbreak, Dacian Ciolos, commissioner for Agriculture, said Thursday. more

30 iun 2011

Romania will continue to charge drug distributors a tax clawback, in the form of quarterly contributions to the public healthcare system, in an amount to be set within 30 days. more

30 iun 2011

Romania will refund the cost of a project financed with EU funds only after an inspection of the way the contract was awarded, cutting 2%-100% of the returned amount if the investigation reveals more

30 iun 2011

Romanian mobile operators must reduce roaming charges for calls to other EU member states and Norway, Iceland and Liechtenstein, starting with July 1, to no more than EUR0.35/minute for outgoing calls more

29 iun 2011

Romania's Government has decided to hold back the ordinance eliminating state heating subsidies, which will lead to higher heating bills, until it completes a state aid scheme for low-income more

29 iun 2011

Romanian small and medium enterprises may take out loans of up to 125,000 lei (EUR30,000), partially guaranteed and subsidized by the state, in order to cope with the problems caused by the economic more

29 iun 2011

Romania's Communications Ministry has attracted around 10% of its European fund allocation for 2007-2013, amounting to EUR383 million, but its absorption rate will exceed 50% once payments start being more

29 iun 2011

Romanian union confederation BNS on Wednesday presented their plan for the energy sector to President Traian Basescu, stressing the need for investments and the improvement of the heating distribution more

29 iun 2011

Romania's Communications Ministry will sign the contract to provide broadband Internet access in areas currently not covered by operators in November and the project, costing EUR84 million, will be more

28 iun 2011

Romanian President Traian Basescu will meet Wednesday at Cotroceni Palace with a delegation from the National Union Bloc (BNS), to discuss energy and agriculture issues. more

28 iun 2011

More than 80% of Romanians are dissatisfied with their quality of life, the largest share in the 34 European and Central Asian states included in the "Life in Transition" survey conducted by more

28 iun 2011

Romania’s unemployment rate fell to 4.97% in May, from 5.41% a month earlier, the national employment agency ANOFM said Tuesday. more