7 mai 2012

Romania's new Cabinet, led by social democrat Victor Ponta, on Monday received the Parliament's endorsement. more

7 mai 2012

Romania remains attractive for Western European employers in terms of salary costs thanks to its 16% flat-rate income tax, but loses ground in terms of social security contributions, which are much more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Victor Paul Dobre as Minister Delegate for Administration, with 24 votes for, one vote against and one abstention. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Ioan Mang for the office of Minister of Education. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Lucian Isar as Minister Delegate for the Business Environment. more

7 mai 2012

Romania's joint Parliament committees for legal matters on Monday endorsed Mircea Dusa as Minister Delegate for Relations with the Parliament. more

7 mai 2012

Romania's joint Parliament committees on Monday unanimously endorsed Vasile Cepoi for the office of Minister of Health. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Andrei Marga for the office of Minister of Foreign Affairs. more

7 mai 2012

Romania's joint Parliament committees on Monday unanimously endorsed Mircea Diaconu for the office of Minister of Culture. more

7 mai 2012

Romania's joint Parliament committees for defense on Monday endorsed Corneliu Dobritoiu as Minister of Defense. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Eduard Hellvig for the office of Minister of Regional Development and Tourism, with 37 votes for, four against and one abstention. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Liviu Pop as Minister Delegate for Social Dialog. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Rovana Plumb for the office of Minister of Environment, with 40 votes for, eight against and six abstentions. more

7 mai 2012

Romania's joint Parliament committees on Monday endorsed Florin Georgescu for the office of Minister of Finance and deputy prime minister, with 28 votes for and six against. more

7 mai 2012

Florin Vladan, head of the Office of State Participations and Industry Privatization (OPSPI), resigned Monday because he is not "compatible" with the new Government. more

4 mai 2012

Romanian rolling stock repair company Remar Pascani (RMAR.RO) Friday announced its turnover increased 10.8% in the first quarter of 2012, to 8.81 million lei (EUR2 million) from RON7.95 million in the more

4 mai 2012

Romanian cable maker Iproeb Bistrita (IPRU.RO) Friday announced its turnover decreased 17% in the first quarter, to 21.5 million lei (EUR4.9 million), and reported profit of only RON40,000, compared more

4 mai 2012

Romanian building materials maker Prefab (PREH.RO) announced its revenue dropped 45% in the first quarter, to 8.5 million lei (EUR1.9 million) from RON15.7 million a year earlier, while net profit more

4 mai 2012

Happy Tour, the largest Romanian tour agency by turnover, has received offers from more than 15 other large and medium-sized agencies looking to be taken over, but the company is not planning any more more

4 mai 2012

The Romanian Government decision establishing a Hungarian teaching division in the University of Medicine in Targu Mures was suspended Friday by a ruling of the Targu Mures Court of Appeals, which more

4 mai 2012

Romanian Prime Minister-designate Victor Ponta said Friday that, as two more MPs have joined the Liberal Party, the new ruling coalition USL has 231 seats in Parliament, exactly the number needed to more

4 mai 2012

Clothing retailer C&A, one of the largest players in Europe, manufactures around eight million clothing items under contract in Romania, and then sells them from its European stores. more

4 mai 2012

Oltchim Ramnicu Valcea (OLT.RO), the largest chemical plant in Romania, posted losses of 82.8 million lei (around EUR19 million), which means that for every day its privatization is delayed, the more

4 mai 2012

The MKB group took an impairment of around EUR169 million on its Romanian investment as early as last year, at a time when the management expected to sell Romexterra Bank for a low price, which would more

3 mai 2012

Romanian steel works Mechel Campia Turzii (INSI.RO) last year posted losses of 107.2 million lei (EUR25.3 million), 40% higher than in 2010, but expects the losses to decrease by 31% this year, to more