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

11.12.2013

Romani could list energy companies Hidroelectrica and Electrica both in Bucharest and London next year, following a similar public offering for Romgaz’s shares, Prime Minister Victor Ponta said more

11.11.2013

Romania’s government will keep gross wages in the public sector unchanged in 2014 and only novice teachers will get a raise of up to 10%. more

11.08.2013

No new public hospital has been built in Romania’s capital city Bucharest after the fall of communism in December 1989, but this year works have started on a new Foisor hospital and are ongoing on more

10.29.2013

Contracting authorities last year awarded contracts worth a total of EUR15 billion through the electronic public procurement system (SEAP) - 103,911 contracts granted to a total of 9,268 companies, more

10.11.2013

Employees of Bucharest subway operator Metrorex and public transport company RATB will go on strike Monday and Tuesday between 4 a.m. and 4 p.m. if negotiations with Transport Ministry more

10.03.2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

10.01.2013

Public offerings conducted by state-run companies on the stock exchange have created a favorable environment for privately-held companies looking for capital, says Matei Filipidescu, head of the more

09.27.2013

Romania’s Government will approve a list of priority projects in the next three or four weeks, including several multiannual infrastructure projects, minister-delegate for the state budget Liviu more

09.26.2013

Unionists with Bucharest public transport companies Metrorex and RATB have postponed until October 14 a full-blown strike planned for September 30, union leader Ion Radoi said Thursday. more

09.19.2013

Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56 more

09.16.2013

Employees of the Bucharest subway company Metrorex will go on a two-hour warning strike Tuesday, between 4 and 6 a.m. and plan to follow-up with a general strike on September 30 unless their wage more

09.09.2013

The lack of transparency, efficiency and responsibility of the public local administrations can be a major risk for Romania’s economy and more transparency could be the way to avoid potential more

08.28.2013

Romania’s Competition Council has extended until September 16 the deadline for public debate on the commitments proposed by local mobile operators Cosmote, Orange, RCS & RDS and Vodafone Romania. more

07.19.2013

Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdings and a more

07.16.2013

Romanian President Traian Basescu has called for the reexamination of a government emergency ordinance amending public procurement laws, citing the need for systematic legislation in the field. more

07.07.2013

Romania’s public sector wages will include both a fixed amount and a variable sum based on employee job performance and the new system will be regulated through a new bill regarding public wages in more

06.30.2013

Romania has doubled the threshold on public services and product contracts awarded directly from EUR15,000 to EUR30,000 and raised the threshold on public works contracts awarded directly from more

06.26.2013

Romania will lay off employees of ten ministries by eliminating 2,860 occupied positions, or 4% of total staff, and will wipe out vacancies in local and central administration, except vacant executive more

06.25.2013

The current fiscal climate in Romania doesn’t afford much space for massive public investment and the country’s only solution would be to become friendlier towards the markets, an official of BRD more

06.21.2013

Romania’s Government plans to amend norms on public procurement to have the technical part of an offer assessed primarily instead of the lowest price. more