Results 326 - 350 from 367 for "state"
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Basescu: Romania To Further Reduce Number of Public Sector Employees
10.28.2011
Romania will continue to reduce the number of public sector employees, “especially in public administration,” President Traian Basescu said Thursday on public television. more
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World Bank: A Quarter Of Romania's State-Owned Cos Are Practically Bankrupt
10.26.2011
A quarter of Romania's 760 state-owned enterprises, such as RADET, CFR or Oltchim, are unprofitable, with nonviable assets and de facto bankrupt, meaning almost 100,000 employees would be left jobless more
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Franks, IMF: Romania Made Insufficient Progress In Dealing With Money-Losing Companies
10.26.2011
Romania has fallen behind in honoring its commitments to reorganize the state-owned companies and these have begun to behave like a lead ball, pulling down the economy, an official of the more
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State Paper Is Best Shelter From Crisis For Pension Funds
10.21.2011
Mandatory private pension funds have sheltered from the sovereign debt crisis by investing preponderantly in government bonds, seeking to offset the significant losses recorded by shares, as well as more
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Romania Could Slip Back Into Recession Anytime, PM Says
10.18.2011
Romania could slip back into recession anytime next year, Prime Minister Emil Boc said Tuesday, adding the Government needs to continue its restructuring measures and prioritize investments. more
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Government Delays Budget Again, Freezing Business People’s Plans
10.17.2011
The state budget, the most important act of a fiscal year, has not been completed within the legally allotted deadline, October 15, and will reach the Parliament late, again. As a result of this, Boc more
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Boc: Romania Provided EUR300M In State Aid To 20 Major Investments
10.07.2011
Romania has provided EUR300 million in state aid for 20 investment projects worth more than EUR1.1 billion, through an aid scheme approved by the European Union, Prime Minister Emil Boc said Friday in more
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Romania To Grant EUR185 Mln To Farmers For Chicken, Pigs And Diesel Oil
10.06.2011
In its Wednesday meeting, the Romanian government discussed granting aids to farmers worth a total of EUR185 million this year and in 2012. more
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Finance Ministry Approves EUR10.5M In Aid For Cord Romania, ContiTech Fluid Automotive
10.05.2011
Romania's Finance Ministry this week approved providing state aid in the amount of EUR10.5 million for investments carried out by Cord Romania and ContiTech Fluid Automotive. more
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EximBank 3-Year Dividends To Be Paid To State Budget
10.01.2011
Romania's Government has decided to transfer the state's stock in EximBank from under the management of the State Privatization Authority (AVAS) to that of the Ministry of Finance and the earnings more
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Needed Skills For New Managers Of State-Owned Companies
09.20.2011
The profile of the future managers of state-owned companies should include significant experience of at least ten years in top management positions with market leading companies, as well as more
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State Secretary Adrian Radulescu Resigns To Fill MP Seat
09.16.2011
Democrat liberal Adrian Radulescu has resigned from the position of state secretary with the Ministry of Agriculture after he was elected MP early September. more
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Economy Minister Requests Speedier EU Approval Of State Aid Measures
09.12.2011
Romanian Economy Minister Ion Ariton met Monday with European Commission Vice-President Joaquin Almunia, asking him to hurry the technical procedures on the granting of state aid to mining company more
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Romania Prepares Aid Scheme For IT&C Companies Which Plan Local Investments
09.12.2011
The Romanian Communications Ministry is working on a state aid scheme aimed to support IT&C companies which plan to further develop their local businesses, Communications Minister Valerian Vreme told more
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Government To Sign Major Contract With A Headhunter In A Week
09.09.2011
The 45 pages of regulations on the first tender launched by the Economy Ministry, for the project to install private management in state-owned companies, have confused recruiters. more
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EXCLUSIVE: Private Managers May Earn Millions Of Euros Leading Romanian State Companies
09.08.2011
The private sector managers that will be appointed to lead Romanian state-owned companies could earn as much as EUR75,000 gross per month, plus millions of euro per year in the case of highly more
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ZF Exclusive: Plans For Private Management As Seen From Inside The Economy Ministry
09.07.2011
The plan to bring managers from the private sector to the helm of the large state-controlled companies is a strategic target for Romania and will be carried out at any price. more
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Five Years After Floating Transelectrica, State Pledges To Keep To Listing Scheme
09.07.2011
The listing of Transelectrica (TEL.RO), in September 2006, was the first major stock offering the Romanian government carried out on the Bucharest stock exchange. In the five years since then, the more
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35 State Companies Generate EUR10B In Turnover, But No Profit
09.06.2011
The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Financiar more
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Government: Operation “CEO Wanted For EUR10B Business” Starts Monday
09.05.2011
The Economy Ministry this Monday starts the selection of consultants who will manage a project involving companies with over EUR10 billion in turnover: private management for state-owned companies. more
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Romania Supports Bilateral Negotiations Between Palestinian, Israeli Authorities - President
09.01.2011
Romanian President Traian Basescu on Thursday said Palestinian and Israeli authorities should hold bilateral negotiations regarding a Palestinian state and reach an agreement to suit both parties. more
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Economy Ministry: State-Run Companies To Invest RON16.7B By Yearend
08.31.2011
The Romanian Economy Ministry on Wednesday announced that 18 companies it controls will complete investment worth a total 16.7 billion lei (EUR3.9 million) between July and December 2011, twice more more
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Baicusi: State-Owned Companies Will Not Have Private Management Soon
08.16.2011
Adrian Baicusi, 46, a manager with an experience of over 15 years in companies such as OMV or Siemens Romania (where the salary package reached EUR20,000/month), who in 2009 agreed to run state-owned more
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Romanian PM Says Chinese Investors May Get State Aid If Investments Are Big Enough
08.15.2011
Romanian Prime Minister Emil Boc told Chinese investors Monday Romania would grant state aid if their investments in the country are large enough and create jobs. more
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Romania Halts State Aid To Ford Over Insufficient Investment
08.11.2011
The Finance Ministry last year delivered to Ford Romania the first and only tranche of state aid - EUR17.6 million of the total EUR143 million, because the U.S. company invested four times less than more