01.11.2012

Andrei Georgescu, head of the emergency room of the University Emergency Hospital in Bucharest, told MEDIAFAX Wednesday he accepted his appointment as Health Ministry deputy secretary of state to more

01.10.2012

Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped off their more

01.09.2012

Light commercial vehicles (lighter than 3.5 tons) will require a technical inspection every year, instead of every other year, according to a draft government ordinance, published by Romania's more

01.09.2012

Romania’s Finance Ministry on Monday sold 2.38 billion lei (EUR546 million) in one-year treasury bills, almost double the planned amount, at an average yield of 6.23% a year, lower than at the more

01.06.2012

Romania’s communications market regulator ANCOM announced at the end of last year that it plans to sell at auction new mobile communications licenses in 2012. A series of decisions has been more

01.05.2012

Romania’s Finance Ministry on Thursday sold two-year bonds worth 1.48 billion lei (EUR342 million), double the planned amount, in the first debt sale of the year, at an yield slightly lower than at more

01.04.2012

A EUR700 million eurobond, almost EUR800 million worth of bonds issued on the domestic market, as well as the first larger installment on the giant loan from the International Monetary Fund and the more

01.03.2012

The Romanian Regional Development Ministry will demolish about 100 illegal buildings in tourist resorts, most of them located on the Black Sea coast, and building owners will cover demolishing costs, more

12.30.2011

Romania's Regional Development Ministry has launched three auctions for the upgrade of 23.5 km of county road and 757.2 km of local roads in counties Teleorman, Ialomita and Arges, for a total more

12.28.2011

Romania's Labor Ministry has said in a statement that child allowance benefits will not be cut if the beneficiaries fail to pay their local taxes, as previously reported, under a Government emergency more

12.28.2011

Ford Romania, the second-largest car manufacturer present in Romania, which owns the Craiova plant, will receive the state aid that the Romanian government has committed to only when the American more

12.27.2011

Romania’s Finance Ministry negotiates issuing 15-year bonds on the domestic market, while planning two road-shows for foreign investors next year, state secretary Bogdan Dragoi said Tuesday. more

12.27.2011

All the companies whose shareholders include the Romanian Communication Ministry expect to turn a profit in 2012, according to their revenue and expense budgets for next year, minister Valerian Vreme more

12.27.2011

Romania’s Finance Ministry plans to sell state paper worth between 14 billion lei (EUR3.2 billion) and RON16 billion in the first quarter of 2012, according to an announcement posted Tuesday on the more

12.27.2011

Romania’s consolidated budget posted a deficit of 16.9 billion lei (EUR3.9 billion) after the first 11 months, equivalent to almost 3% of the gross domestic product, a Finance Ministry official said more

12.22.2011

Romanian tourism promotion and development projects will be carried out starting next year based on multiannual programs drawn up by the Regional Development and Tourism Ministry, the institution said more

12.22.2011

Romania’s Finance Ministry on Thursday sold 405 million lei (EUR94.16 million) in 10-year treasury bonds, above the planned amount, while the average yield fell to 7.25% a year. more

12.22.2011

Orange and Vodafone, the largest mobile telephony operators on the Romanian market, which cumulate more than 18 million customers and annual revenue of EUR1.8 billion, will be left without their more

12.21.2011

Romanian government Wednesday authorized the Finance Ministry to sell at auction its carbon credits granted by the Kyoto committee, the executive said in a statement. more

12.21.2011

The Romanian Regional Development Ministry will implement an integrated urban development pilot program to modernize spa towns Borsec and Baile Herculane and Sulina, the ministry said Wednesday. more

12.19.2011

Romania’s Finance Ministry on Monday sold 1.71 billion lei (EUR397 million) in one-year treasury bills, above the planned amount, at an average yield of 6.55% a year, lower than at the previous more

12.19.2011

The Finance Ministry will expand maturities of government securities, according to the requests of institutional investors and can even launch “specific instruments,” according to investor more

12.16.2011

Romania’s EU fund absorption rate through the operational program for human resources development (POSDRU) has doubled since September 2011, but the increase pace is far from satisfactory, Romanian more

12.15.2011

Romanian President Traian Basescu said Thursday the Interior Ministry will continue layoffs. more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. more