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Results 176 - 200 from 264 for "public"

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  • Battle Starts Over EUR40B Stake Of Local Administration Spending

    04.23.2012

    The annual spending of the local administration amounts to EUR10 billion, which means EUR40 billion in the four-years term in office of the administration - this is the huge stake of the June 10 local more

  • Government Informs EU Of Plan To Raise Public Sector Wages This Year

    04.19.2012

    Romania's Government has informed the European Commission that it will raise public sector salaries this year to their level before the cuts in 2010, leading to a slight increase in personnel more

  • Freeze On Public Sector Hiring Kept Into Next Year, But Made More Flexible

    04.19.2012

    Romania's Government will continue to downsize the public sector, by hiring only one person for each seven vacant positions, but will allow a certain amount of flexibility in order to prevent more

  • Transelectrica's Shares In High Demand. Public Offering Was Oversubscribed

    03.27.2012

    Bids in the secondary public offering of Romanian power grid operator Transelectrica (TEL.RO) passed the 100% mark Tuesday, so that the government will sell the entire 15% stake in the company put up more

  • Nearly 50% Of Romania Transelectrica SPO Subscribed In 8 Days

    03.23.2012

    Investors subscribed Friday a little over a third of the 15% stake Romania is offering in state-run power grid operator Transelectrica (TEL.RO), bringing the total stock sold to around 7%. more

  • One In Four Public Sector Employees Works In A Ministry

    03.20.2012

    Almost 300,000 of the 1.2 million Romanian public sector employees work in one of the 17 ministries, and most of them are employees of the Interior Ministry (134,000), the Defense Ministry (77,000) more

  • Three Quarters Of Public Job Cuts Done By Retirement

    03.16.2012

    Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as the more

  • Transelectrica Boss Looking For Purchase In Secondary Public Offering

    03.14.2012

    The general manager of state-owned power grid operator Transelectrica (TEL.RO), Octavian Logan, on Wednesday said he and some of the company’s employees are interested in buying shares during the more

  • What Businesspeople Have To Say About Raising Public Sector Wages

    03.14.2012

    Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of the more

  • Transelectrica Sets Public Offering Range. Minimum Share Price At RON14.9, Maximum Price At RON19.2

    03.13.2012

    Romanian state-run power grid operator Transelectrica (TEL.RO) has set its secondary public offering price band at 14.9-19.2 lei (EUR3.41-EUR4.4) a share, the company said Tuesday. more

  • Transelectrica Suspended, As Romanian Government Sets Public Offering Price

    03.13.2012

    The shares of Romanian state-owned power grid operator Transelectrica (TEL.RO) were suspended from trading Monday morning, as authorities are about to approve the minimum and maximum prices used in more

  • Romania To Raise Public Wages As Of June

    03.12.2012

    Leaders of Romania’s ruling coalition decided Monday to raise public wages as of June and the Government has yet to decide by how much, democrat liberal MP Mircea Toader told MEDIAFAX. more

  • How Public Officials Get Paid. Finance Minister Bogdan Dragoi Earned EUR200,000 Last Year

    03.12.2012

    Bogdan Dragoi, who was appointed finance minister a month ago, collected 833,640 lei (almost EUR200,000) from the various positions held in 2011. Half of the money (about EUR105,000) was his pay as a more

  • Dragoi: Public Sector Wage Restoration Would Need RON2B Yearly

    03.09.2012

    A 16% increase in public sector wages starting June would have an impact of 2 billion lei (EUR459 million) per year, Romania’s Finance Minister Bogdan Dragoi said Friday. more

  • Basescu Calls On Government To Restore Public Sector Wages As Of June 1

    03.07.2012

    Romanian President Traian Basescu said Wednesday in an address to Parliament the ruling coalition and Government have the duty to restore public wages to the level before austerity cuts, as of June 1. more

  • More Than 30% Of Romanian Public Servants Are Aged Over 50 - Survey

    02.24.2012

    More than 30% of Romanian public servants are aged over 50 and this might impact the country’s ability to reform its administrative system, Andras Szakal, president of the National Agency of Public more

  • Romania To Launch Roadshows For Transelectrica SPO Next Week

    02.23.2012

    Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offering by more

  • Antitrust Body Probes 11 Companies Suspected Of Rigging Bids For Road Works In Bucharest

    02.16.2012

    Romania’s Competition Council is looking into allegations that 11 construction companies have rigged bids for public works contracts on roads in capital Bucharest. more

  • Romania’s New Cabinet Set To Grant Tax Amnesty For Public Servants Forced To Return Bonuses

    02.08.2012

    The governing program of the Cabinet proposed by Prime Minister Designate Mihai Razvan Ungureanu targets the granting of tax amnesty for public servants forced to pay back salary bonuses. more

  • Ruling Coalition Intensifies Populist Pressure To Raise Wages. Prime Minister Talks About “Slight Increases”

    01.31.2012

    The Government is caught in the middle of electoral pressure, street protests and forecasts of an economic growth slowdown. Monday morning, with the International Monetary Fund breathing down its more

  • Basescu Gives First Public Address Since The Start Of Protests

    01.25.2012

    Romanian President Traian Basescu said Wednesday he perceives a "split" with the president for some Romanians, and pledged to regain the trust of the part of the public who has lost it. more

  • Transgaz Signs Brokerage Deal For Upcoming Public Offering

    01.25.2012

    A consortium comprising Raiffeisen Capital & Investment, BT Securities and Czech brokerage firm Wood& Co. Wednesday signed an agreement to broker the secondary offering for a 15% stake in Romanian more

  • Transgaz To Buy Goods, Services Worth RON332.4M In March

    01.23.2012

    Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) plans to assign public procurement contracts worth 332.4 million lei (EUR76.6 million) in March, above the amount allocated in more

  • EUR6B Dissipated Each Year In Healthcare System

    01.16.2012

    The tensions generated by the reform of the health system reached maximum highs, with people taking to the streets, but there is still a need to clarify the lack of transparency in the spending of more

  • Romania’s Public Debt Rises Despite Examples Of Devastating Consequences Thereof

    12.30.2011

    The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spending. In more

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