25 mai 2011

Romania's Transport Ministry will not terminate the contract with the constructor of the Moara Vlasiei-Ploiesti highway section, as the consortium has withdrawn its request for a 47% price increase, more

25 mai 2011

The annual National Report on Corruption released Wednesday by Transparency International indicates a worrying deterioration of the public integrity climate in Romania. more

25 mai 2011

Romania's tourism sector has not recovered from the crisis and the number of tourists who stayed in local hotels was 20% lower in the first three months, compared to the same period last year, said more

25 mai 2011

Romania's Government is not considering lowering the value added tax for anything, Finance Minister Gheorghe Ialomitianu said Wednesday, in reply to National Housing Agency (ANL) official Romeo Dragan more

25 mai 2011

The Romanian Government will increase staff spending by 5% in election year 2012, above the cap set for this year, to 42.59 billion lei (about EUR10.33 billion) or 7.2% of the gross domestic product, more

25 mai 2011

Romania's Government will double the total ceiling up to which local mayors may contract refundable financing next year, but will also reduce the maximum amount they can actually draw in 2012. more

24 mai 2011

Romania's Finance Ministry wants to cut 2,140 jobs in the National Customs Authority and the Financial Guard, according to two draft government decisions. more

24 mai 2011

The bill on layoffs in the Romanian Interior Ministry received too few votes in the Chamber of Deputies and did not pass, to the satisfaction of the union members watching the meeting, who cheered and more

24 mai 2011

The European Commission has opened two in-depth investigations under EU state aid rules into a Romanian support scheme for investments in regional airports and to ascertain whether certain rebates and more

24 mai 2011

Romania's Government is considering reducing the VAT on construction materials, National Housing Agency (ANL) official Romeo Dragan said in a conference hosted by business daily Ziarul Financiar. more

24 mai 2011

The 2011-2012 school year will not include a break between semesters but the winter and spring breaks will be extended by one week each, Education Minister Daniel Funeriu said Tuesday. more

24 mai 2011

Romania could ban smoking in enclosed public spaces, except penitentiaries, and smokers could have special bars and clubs that allow smoking, according to a bill adopted with amendments by the more

24 mai 2011

The Romanian insurance market will face a difficult year if car sales continue to decrease, insurer Allianz-Tiriac Asigurari general manager Rangam Bir said Tuesday. more

24 mai 2011

Romania’s insurance industry registered a cumulated net loss of 41.37 million lei (EUR10 million) in 2010, lower by 59.9% compared to the level posted in 2009, Tuesday said Angela Toncescu, head of more

17 mai 2011

Romania's Government will issue "ethical codes" applying to private pension fund management, in an effort to improve public confidence in fund administrators and ensure that contributors' money is more

16 mai 2011

The National Union of Police and Contracted Personnel (SNNPC) will picket the Parliament on Tuesday, in an effort to get the Interior Ministry layoff bill rejected, the union said in a press release more

16 mai 2011

Romanian insurer Generali Romania’s underwritten premiums decreased by 15.6% in the first quarter of 2011, to 96.6 million lei (about EUR24 million), from RON114.5 million in the same interval last more

16 mai 2011

Romania’s ruling coalition will hold a meeting Tuesday and might discuss whether to replace Emil Boc as prime minister following his reelection as head of the ruling Democratic Liberal Party, people more

16 mai 2011

Romanian insurer Allianz-Triac Asigurari’s underwritten premiums decreased 7% in the first quarter of the year, to 256.4 million lei (about EUR63 million), from RON277 million in the same interval more

16 mai 2011

Ardaf (ARDF.RO) posted revenues from underwritten premiums of 35.69 million lei (EUR8.75 million) in the first quarter of the year, down 56.9% compared to the first quarter of 2010, while its profit more

16 mai 2011

Britain’s Prince Charles is on a private visit to Romania’s central region of Transylvania and has met with local farmers in Saschiz, Mures county, on Sunday afternoon. more

15 mai 2011

Romanian Prime Minister Emil Boc on Saturday was reelected president of the country’s ruling Democratic Liberal Party. more

15 mai 2011

The Romanian Government must extend the period over which overtime can be rewarded with paid time off to 90 days, from 60 days as stated in the country’s recently adopted labor laws, says the more

15 mai 2011

Romania’s Government must amend the law on public-private partnership (PPP) again to allow the public procurement authority (ANRMAP) to check PPP contracts and ask the court to cancel contracts more

13 mai 2011

Romania’s Government will decide by the end of the summer on a maximum revenue cap for beneficiaries of heating subsidies, while people with high incomes or who own multiple homes will pay their more