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Ford Could Be Fined EUR14M For Breaching Romanian Plant Output Commitments
Automotive

Ford Could Be Fined EUR14M For Breaching Romanian Plant Output Commitments

Talks between Ford Motor Company and the Romanian Finance Ministry are nearing conclusion on an update of the privatization contract sealed in September 2007, but the carmaker risks a state...

Oana Gavrila · 28.11.2011 · 00:00 · 2 min
Banks-Insurance

Bucharest Court Of Appeals Cancels Fine Against Pension Fund Aegon Pensii

The Bucharest Court of Appeals cancelled a 150,301 lei (EUR34,850) fine applied by the Competition Council in 2010 against private pension fund Aegon Fond de Pensii for breaching the law reg...

Ioana Tudor · 06.10.2011 · 18:03 · 1 min
Automotive

Competition Council Fines 14 Car Part Suppliers For Non-Disclosure

Romania’s Competition Council has fined 14 car part suppliers a total 601,210 lei (around EUR140,000) because they refused to disclose information the watchdog claimed during an inquiry on t...

Oana Gavrila · 05.10.2011 · 13:44 · 1 min
UPC Romania Acquitted Of Antitrust Fine In Timisoara, Still Has To Pay EUR5M For Bucharest
Technology &Telecoms

UPC Romania Acquitted Of Antitrust Fine In Timisoara, Still Has To Pay EUR5M For Bucharest

TV and communication provider UPC Romania has been exonerated from paying a EUR2.1 million fine ordered by the Competition Council in 2006 for antitrust practices in Timisoara, but still has...

Oana Gavrila · 04.10.2011 · 15:00 · 1 min
Technology &Telecoms

Competition Council Appeals Court Decision Suspending Fine Against Mobile Operator Orange

The Romanian Competition Council challenged the decision of the Bucharest Court of Appeals which suspended a 147.98 million lei (about EUR34.32 million) fine against mobile operator Orange R...

Ioana Tudor · 27.09.2011 · 16:38 · 1 min
Automotive

Boagiu Wants To Fine Transfagarasan Maintenance Contractor

Romanian Transport Minister Anca Boagiu has asked the National Road and Highway Company (CNADNR) to fine Argecom, the company hired to work on DN7C "Transfagarasan," for failing to abide by...

Radu Bostan · 22.09.2011 · 19:06 · 1 min
Technology &Telecoms

Competition Council Appeals Court Decision Suspending Fine Against Mobile Operator Vodafone

The Romanian Competition Council has challenged the decision of the Bucharest Court of Appeals which suspended a 120.35 million lei (about EUR28 million) fine against mobile operator Vodafon...

Ioana Tudor · 22.07.2011 · 16:37 · 1 min
Technology &Telecoms

Court Suspends Fine Against Orange, Vodafone

The Bucharest Court of Appeals on May 19 suspended the execution of a decision by the Competition Council, whereby mobile operators Orange Romania and Vodafone Romania, are to pay fines in t...

Radu Bostan · 09.06.2011 · 19:32 · 1 min
Orange Romania Threatens To Sue Consumer Protection Over Excessive Fine
Retail&Consumer

Orange Romania Threatens To Sue Consumer Protection Over Excessive Fine

Mobile operator Orange Romania considers that the 10,000 lei (about EUR2,500) fine it was given by the Consumer Protection in Cluj for suspending pre-paid cards before they expired is too hi...

Tudor Ioana Raluca · 25.05.2011 · 15:12 · 1 min