18 mai 2011

Romania's European fund absorption continues to be the lowest in Central and Eastern Europe (CEE), with especially low payment ratios recorded for transport and environmental programs, according to a more

18 mai 2011

Romania's National Water Administration (ANAR) has accessed more than EUR40 million through 10 financing contracts for projects run on ten basins, as part of the "Plan for flood prevention, protection more

17 mai 2011

Strabag (Austria), Shapir (Israel), Aktor and Mochlos (Greece) and the Romanian consortium Spedition UMB-Tehnostrade have bid on the project for the rehabilitation of a 200 km long segment of road DN more

17 mai 2011

The employees of Romanian railway electricity network administrator Electrificare CFR are threatening to stop working Wednesday at 7 a.m., as they have not received their full salaries for April. more

17 mai 2011

The number of active cards in Romania decreased by 619,815 in the first quarter, to 10.58 million, the lowest level since March 2008, although the total value of transactions has grown compared to the more

17 mai 2011

Romania's Chamber of Deputies on Tuesday tacitly adopted a proposal to eliminate the obligation to teach Romanian history and geography in the languages of national minorities. more

17 mai 2011

Romanian education union federation FEN has sent the European Commission a complaint against the Government, which it accuses of serious violations of human rights and fundamental liberties. more

17 mai 2011

Mamaia SA, controlled by Romania's Ministry of Regional Development and Tourism, will again put three of its assets – a hotel complex, a villa and a plot of land – on sale through an open auction more

17 mai 2011

The Romanian police protest outside the Parliament on Tuesday ended early, after lawmakers postponed the debate on the bill cutting 9500 jobs in the Interior Ministry. more

17 mai 2011

Vienna Insurance Group (VIG) reported a loss before taxes of EUR5 million in Romania in the first quarter, compared to a profit of EUR7.4 million in the same period a year ago, as gross underwritten more

17 mai 2011

Romania's Agency for Agriculture Payments and Intervention (APIA) announced Tuesday that 1.04 million farmers have filed requests for area-based aid, for 9.2 million hectares. more

17 mai 2011

Bucharest subway operator Metrorex wants to add two stations to the M4 line, as well as a terminal hub with a parking lot, dispatcher and bus station, through an investment of about 1.22 billion lei more

17 mai 2011

Romania's Government will issue "ethical codes" applying to private pension fund management, in an effort to improve public confidence in fund administrators and ensure that contributors' money is more

16 mai 2011

The company set up to build the International Brasov-Ghimbav Airport in central Romania will be put forward for voluntary dissolution by its shareholders, as negotiations with the main investor, more

16 mai 2011

Romania's Senate on Monday adopted the bill ratifying the letter of intent to the International Monetary Fund, of September 2010, through which Romania drew the final tranche of the loan, worth $767 more

16 mai 2011

The local authorities of Otopeni, Ilfov County, want to contract an infrastructure project worth an estimated 710.8 million lei (EUR173 million) for road modernization and the extension of the city's more

16 mai 2011

Romania’s ING Asigurari de Viata will pay its major shareholder, Dutch company ING Continental Europe Holding, dividends worth 36 million lei (EUR8.8 million), amounting to 93% of the company’s more

15 mai 2011

Romania's Government has postponed for August its plan to raise the level of turnover after which the registration and payment of VAT becomes mandatory to EUR50,000, from EUR35,000, says the letter of more

15 mai 2011

Romania's Government will appoint, by July, legal advisors for the stock it plans to sell in state companies CFR Marfa, Tarom, Petrom, Transelectrica, Transgaz, Romgaz, Hidroelectrica and more

15 mai 2011

Romania's Government will begin negotiations with Russia to revise the existing agreements on the transit of natural gas through pipelines on Romania's territory, says the memorandum of understanding more

15 mai 2011

Romania's Government will adopt an ordinance restructuring revenue service ANAF before the IMF's board meeting in June and will finish taking stock of all state company and budget arrears from 2010, more

15 mai 2011

Romania's Government has promised the International Monetary Fund that, by the end of August, it will amend legislation to allow state-owned transport companies CFR Calatori and Metrorex to increase more

15 mai 2011

Romania's government has pledged to cut more than 7000 jobs in state railway companies, energy suppliers and the national postal company, while lowering their running costs through renegotiated more

15 mai 2011

Romania's government committed in the letter of intent to the International Monetary Fund to eliminate the thermal energy subsidy by the end of August at the latest, and direct such aid only to more

13 mai 2011

The shareholders of Romanian insurer Aviva Asigurari de Viata have decided to reduce the share capital by 83.3 million lei (EUR20.2 million), to RON109.8 million, by canceling a number of shares. more