03.11.2014

Romania’s Financial Supervisory Authority ASF will decide Wednesday on fining BCR, the central Depository and SSIF Broker, in the case of the fraud at Harinvest brokerage firm, ASF vice-president more

01.16.2014

Romanian antitrust authorities gave fines totaling 56.5 million lei (EUR12.7 million) to 14 electronic and home appliance companies, members of Rorec and Ecotic associations, for sealing more

01.13.2014

Romania’s Financial Supervision Authority (ASF) imposed 129 fines totally worth 4.89 million lei (slightly above EUR1 million) on capital market entities (investors, brokers, issuers) from April more

12.17.2013

Romania’s Transport Ministry has drafted a government emergency ordinance seeking to outlaw the practice of hitchhiking, saying it affects the activity of passenger transport companies, the state more

11.01.2012

Romania’s Competition Council on Thursday said it fined four companies a total 25.5 million lei (around EUR5.6 million) for having colluded to rig bids at two auctions organized by natural gas more

06.07.2012

Romania’s insurance regulator CSA has applied fines of 80,000 lei (EUR17.927) to seven managers of insurance companies for a growing number of complaints from customers in the first five months of more

04.04.2012

Romania’s National Authority for Consumer Protection ANPC applied fines of 8 million lei (EUR1.8 million) in 2011 for irregularities regarding price-related practices. more

03.16.2012

Romanian energy suppliers will be slapped with higher fines if they engage in practices that harm customer relations, Economy Minister Lucian Bode said Friday. more

03.02.2012

Romanian securities regulator CNVM issued fines against former bourse operator chief Valentin Ionescu and BCR trading chief Valerian Ionescu, following an analysis on the trades performed with more

01.10.2012

Romanian antitrust regulator Tuesday fined six top players in the oil industry, including OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO), with a total amount of around 880 million lei (EUR205 more

01.10.2012

Romania’s top oil companies were fined with amounts of up to 3% of their sales reported for 2010 following a probe into the local fuel market, people familiar with the situation told MEDIAFAX more

01.05.2012

The Romanian Competition Council will present next week the results of its fuel market investigation, recommending fines that are below the 10% of turnover ceiling, the authority’s president Bogdan more

01.05.2012

The Romanian competition council applied fines worth a total EUR83.5 million in 2011, representing 80% of all fines issued by the institution in its 14 years of activity, Thursday said Bogdan more

12.07.2011

Romanian antitrust authorities slapped 25 road builders with fines worth a total 1.8 million lei (EUR430,000) because they refused to disclose information the watchdog claimed during an inquiry on the more

10.20.2011

Romania's Government has found a new source of financing for infrastructure projects - fines for various violations, such as peddling or dirty car wheels, which will be no longer be transferred to the more

10.12.2011

The Romanian Competition Council fined 7.8 million lei (about EUR1.8 million) medicine producers Baxter and Belupo and their distributors for sealing antitrust agreements impeding medicine exports. more

08.24.2011

Emergency room doctors who refuse to provide care to a patient in critical condition may be fined between 2,000 and 15,000 lei (EUR470-3530), depending on the consequences, Romania's Government more

08.10.2011

Romania will raise fines for the selling, importing, exporting and production of products that can be mistaken for food to 1,000-3,000 lei (EUR400–EUR1,200) from the current RON70-RON100, according more

08.09.2011

The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings more

07.27.2011

Romania's Transport Ministry will increase its fines in the railway and subway transport sectors, charged to employees and companies, by as much as 60 times their current level, up to a maximum fine more

07.21.2011

The Romanian Financial Guard applied fines amounting to 55,000 lei (about EUR12,000) following a surprise checkup of economic operators in the China Town shopping center, opened tow days ago in more

07.13.2011

Romanian local authorities will be able to fine people without mandatory home insurance only starting with August 2012, according to Law 260/2008 as amended and republished, although the Interior more

07.05.2011

More than 3,900 cases of illegal employment have been revealed in Romania since the new Labor Code entered force and authorities gave out fines of over 23 million lei (EUR5.5 million), while the more

06.30.2011

Romanians who have not insured their homes by now have until July 15 to buy a home insurance policy or may be fined 100 lei (about EUR24) to RON500 lei. more

06.03.2011

Romanian emergency room doctors who refuse to provide care to a patient in critical condition may be fined between 2,000 and 15,000 lei (EUR480-3600), depending on the consequences, says a draft more