Results 226 - 250 from 356 for "state"
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Daimler Gets EUR37.4M State Aid To Build Automatic Transmission Plant In C Romania
10.16.2013
Star Assembly, held by German group Daimler, has received state aid of EUR37.4 million for the construction of an automatic transmission production facility in Sebes, in Romania’s central county of more
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Romania Raised State Guarantee Cap To RON8B From RON3B – Minister
09.27.2013
State guarantees to stimulate private lending have increased from RON3 billion to RON8 billion for the period July 2013-June 2014, after the Government persuaded the IMF and European Commission the more
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Arrears Of Private And State Companies Rose To 20% Of Romania’s GDP During Crisis
09.24.2013
Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion). more
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Romania Pledges To Sell Most Companies Held By Economy Ministry
09.16.2013
The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund. more
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Romania To Raise Budget For De Minimis Aid Scheme Supporting SMEs
08.21.2013
Romania will increase the budget of a de minimis state aid scheme targeting small and medium-sized enterprises (SMEs) which make investments and create new jobs from 400 million lei (EUR89.8 million) more
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Romania Caps Public Sector Wage Raises At 60% Of Productivity Bonus - Draft
08.15.2013
Salary increases for the employees of autonomous regies and state-run companies will be capped at maximum 60% of the productivity bonus, given that wage raises include all the bonuses that can be more
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State Companies Pay Their Employees Better Than Private Firms
08.14.2013
Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month. more
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Foreigners Double Investments In Romanian Government Bonds In Five Months
08.08.2013
Almost EUR7 billion entered Romania by the end of May in the form of investments in government bonds in lei and euros issued on the Romanian market by the Finance Ministry, according to Treasury data, more
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Romania Plans To Sell State Paper Worth RON2B In August
07.31.2013
Romania’s Finance Ministry plans to sell government paper worth 1.98 billion lei (EUR455 million) in August, up from RON1.75 billion in the previous month, according to a ministry announcement more
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OPSPI Completes Shortlist Of Candidates For Executive Positions At Four State Companies
06.20.2013
Romania’s state assets privatization office OPSPI has completed a shortlist of candidates for members in the managing boards of electricity supplier Electrica and Electrica Serv and in the more
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Draexlmaier To Fire Nearly 300 Employees In Pitesti, Still Plans To Hire 1,500 People In Romania
06.20.2013
Dräxlmaier Pitesti, the German car part maker’s oldest plant in Romania, which makes cables for the auto industry, plans to lay off 8% of its staff, or 292 employees, 2% of all its employees in more
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Finance Ministry Data Reveal Tarom Managers Got Highest Monthly Pay In 1Q
05.31.2013
Romanian state-owned airline Tarom tops the list of state companies which granted the highest monthly average gross pay to their managers in the first quarter of the year, according to Finance more
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Voinea: Romania To Finalize 20 Investment Projects Worth EUR750M This Year
05.30.2013
Romania will finalize this year 20 major investment projects worth a total EUR750 million, which received state aid and will create 6,700 jobs, Budget Minister Liviu Voinea said Thursday. more
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E.ON Romania Says State Aid Vital For Planned 800 MW Power Plant In Braila
05.29.2013
Romania’s long-delayed project to build a EUR1 billion thermal power plant in the eastern county of Braila is not likely to materialize unless the government considers granting state aid to support more
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Romania May Again Grant De Minimis Aid To Support SMEs
05.10.2013
Romania wants to grant de minimis state aid of up to EUR200,000/firm over a three-year period to small and medium-sized enterprises which make investments and create new jobs. more
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Government Adopts Decree On Protection Measures For Laid-Off Employees
04.16.2013
Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan more
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Transelectrica: Green Energy Producers In Romania Must Cede Part Of State Aid
03.27.2013
Renewable energy producers, which receive aid from the state, should be obliged to cede a part of it for electricity network upgrades, an official of Romanian state-run power grid operator more
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EC’s Plan To Reduce State Aid Starting 2014 To Impact SMEs
03.26.2013
The European Commission wants to reduce state aid starting next year, a proposition rejected by several EU member states, including Romania, and allow non-reimbursable financing only from structural more
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Romania To Grant RON163M Aid For Coal Mine Closure Scheme
03.20.2013
Romania will disburse extra 163 million lei (EUR36.8 million) for state-run coal mining company Compania Nationala a Huilei (CNH), part of a financing package to be used in a restructuring program for more
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Green Energy Investors To Flee Romania If Aid Scheme Is Adjusted - Association
03.06.2013
The reduction of state aid granted to renewable energy producers is detrimental to the sector and will cause many companies to leave the market, according to the Romanian Photovoltaic Industry more
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Vosganian Says No State Company Emerged From Insolvency Successfully Due To Authorities’ Indecision
03.05.2013
Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency mainly due to authorities’ indecision to set off more
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Vosganian Says No State Company Emerged From Insolvency Successfully Due To Authorities’ Irresolution
03.05.2013
Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency, mainly due to authorities’ indecision to set off more
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Vosganian Says State Aid Should Be Granted To Oltchim By Mid-Year
02.28.2013
Romania’s Economy Minister Varujan Vosganian on Thursday said state aid should be granted to chemical plant Oltchim Ramnicu-Valcea (OLT.RO) by the middle of the year, or it will no longer be useful. more
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Romanian Economy Minister Calls On EU Commissioner To Approve State Aid To Oltchim
02.14.2013
Romanian Economy Minister Varujan Vosganian requested EU Commissioner for Competition Joaquin Almunia to approve a EUR45 million state aid to Romanian chemical plant Oltchim (OLT.RO). more
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Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms
01.28.2013
Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the country’s more