COMPENSATION
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ALRO Group Welcomes Government’s Decision To Adopt Measure To Compensate Indirect Emissions Costs Embedded In Energy Price
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, welcomes the adoption of the Emergency Ordinance on compensating the indirect emissions costs embedded in the electricity price.
New EUR3B Compensation Gray Market In The Making
While the National Anticorruption Directorate is investigating the intermediaries involved in the property restitution cases of 2005-2011, influential people are accumulating compensation po...
Romania Seeks ECHR’s Approval To Extend Deadline For Adoption Of Nationalized Property Bill
Romanian Primer Minister Victor Ponta said the Government will ask for the approval of the European Court of Human Rights (ECHR) to extend by three weeks the deadline for the adoption of the...
Romania May Compensate Former Owners Of Nationalized Property With Points Convertible Into Cash
Former owners of nationalized homes in Romania who can’t get back their homes will receive points with a face value of 1 leu (EUR0.22), considering the value of the building, which they can...
Romania To Cut Irrigation Water Prices, Compensate Farmers For Drought-Damaged Crops
The Romanian Government will reduce prices of irrigation water by 50 lei (EUR10.7)/1,000 cubic meters, will allot extra EUR25 million for irrigation projects and will compensate farmers whos...
Romania Would Need EUR16B To Compensate Owners Of Nationalized Properties In Cash
Romania would need to spend 70 billion lei (EUR16 billion) on financial compensation for the owners of properties nationalized by the former communist regime; more than half this amount woul...
Government To Provide RON7.45M Compensation For Potato Crops Damaged In 2010
Romania's Government has allotted 7.45 million lei (EUR1.7 million) to compensate potato farmers whose crops were damaged by pathogens two years ago.
Insurers Pay Hundreds Of Thousands Of Euros In Damages To Car Accident Victims
The cases in which insurers pay damages of several hundred thousand euros to victims of car accidents are increasingly frequent as Romanians become aware of the fact that a simple auto liabi...
Romania To Return VAT Worth A Total RON1.61B In October
Tax authority ANAF on Monday said it will return value added taxes worth a total 1.61 billion lei (EUR373.9 million) in October, including RON363 million in compensations.