12.01.2016

The intention of the current government to count the employees in the public sector and create a complete data base of their salary incomes is met with significant resistance despite the attempts – more

11.02.2016

Romania will sign a loan agreement with the International Bank for Reconstruction and Development (IBRD), in the amount of EUR500 million, according to a memorandum discussed in Government’s more

09.06.2016

Private sector employees got 4.5% raises on average this year, according to the latest survey by consulting firm Mercer. Public sector employees, on the other hand, got 21% raises in the past year, more

07.05.2016

Franklin Templeton Investment Management, as Investment Manager of Romanian investment fund Fondul Proprietatea, on Tuesday informed shareholders of the decision to resume the public tender offer more

06.22.2016

Paving setts and curbstone manufacturer Symmetrica estimates that 60% of its turnover came from public projects last year, the company said on Wednesday. more

11.11.2015

Romania's lower house of Parliament Wednesday adopted a government emergency decree raising wages in the public health care sector by 25%, along with an amendment to give a 10% raise to all public more

10.06.2015

Romanian central bank governor Mugur Isarescu has warned that further growth in public debt could be dangerous and counterproductive. more

09.22.2015

Romania had about EUR6 billion available for healthcare this year, a budget wasted, considering too many actors get to decide how to spend it – the Health Ministry, the National Health Insurance more

09.16.2015

Nearly half of EU member states, including Romania, risk losing access to development funds worth hundreds of billions of euros unless they clean up public procurement contracts by the end of 2016, more

08.03.2015

Romanian Businessmen Association AOAR says that the new public procurement legislation is unclear, and calls for a public consultations period until September 30. more

07.30.2015

American Chamber of Commerce in Romania (AmCham) calls for a public consultations period of at least 30 days on the new public procurement legislation, from the ten days announced by the Finance more

02.17.2015

The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget. more

01.15.2015

Public Domain Administration (ADP) plans to contract street repair works worth 402.9 million lei (EUR89.7 million), VAT included, for capital Bucharest’s district 1, in a 44-month contract. more

01.13.2015

The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Association of more

12.11.2014

Public sector wages will be frozen in 2015 at this year's level, except for teaching staff, whose wages will be raised by up to 10% in two steps, and healthcare staff under certain conditions. more

11.06.2014

The lowering of public investments might represent a means of control over the spending of public funds as a result of the anticorruption actions taken lately, Romanian central bank governor Mugur more

11.04.2014

The lowering of public investments may be beneficial on long term, if it is based on financial discipline, by removing unrealistic projects and corruption, although it impacts the short-term economic more

10.31.2014

Shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) will place sale orders for around 85% of the total number of shares available in the public tender offer developed by the company, more

09.29.2014

Romania is not, by far, among the top countries in the European Union that back innovation and authorities ought to increase public investments in this sector, Gabor Sztaniszlav, general manager of more

09.08.2014

Romania should spend over $3 billion on public investments by the end of the year, but the funds, covered from the state budget, are difficult to spend due to procedural bureaucracy, Prime Minister more

08.21.2014

Romanian pharmaceutical producer Biofarm (BIO.RO) will buy back up to 10% of its own shares by public offering, at a price of RON0.305/share, thus, the value of the offering might reach RON33.3 more

07.07.2014

Romania's national integrity agency has awarded a RON30.41 million (EUR6.9 million) contract to a consortium consisting of Siveco, UTI Grup, SAP and Computer Sharing for software that wou more

06.06.2014

Romanian deputy prime minister Liviu Dragnea Friday said that the legislation on public acquisitions should be clarified and simplified as investments are currently delayed, adding that they should more

03.18.2014

Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea said Tuesday. more

03.06.2014

The main 20 public investment projects in 2013 totaled 6 billion lei (EUR1.33 billion), namely half of the total sum assigned from state budget, of nearly RON12 billion, with the first three projects more