GOVERNMENT
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Government To Grant New Loan To CE Hundoara Under Certain Conditions
The Romanian Government will grant a new loan to energy holding CE Hunedoara, in the amount of RON167 million, as individual state aid for rescue, but attached certain conditions to the loan...
Romania Seeks To Sell Sell Majority Stake In Tarom To European Airline
The government has started negotiations with several companies, including Turkish Airlines, to sell a stake in Tarom but wants to keep the majority stake in the airline if the investor is fr...
Government Assigns Severance Funding For CE Oltenia Layoffs
The government on Wednesday approved a decision assigning funding amounting to RON12.6 million as severance pay for 2,133 employees to be laid off by state-owned energy holding CE Oltenia.
UniCredit To Raise Staff Numbers By 20% At Its Romanian IT Center
UniCredit will raise its staff numbers by 20% at its IT center in Romania, which it opened in 2005 and which currently has around 1,400 employees.
Romania Raises Mining Taxes In Ratio With Inflation
Romania’s Government on Wednesday decided to raise mining taxes on prospecting, exploration and exploitation of mineral resources, in ratio with inflation, and expects to rake in RON1 millio...
CE Hunedoara To Get RON40M Loan From State Treasury
The state treasury will lend RON40 million from privatization proceeds to energy holding CE Hunedoara, to allow it to pay back state aid granted by previous governments, which the European C...
Romania In Talks With Qatar Airways, Turkish Airlines, Emirates And Etihad About Otopeni And Tarom
Romanian Prime Minister Victor Ponta said the Government seeks to conclude a partnership with airline operator Qatar Airways for the modernization of Otopeni airport and the re-launch of sta...
Romania Plans To List Otopeni Airport, Constanta Harbor, Hidroelectrica And Romtelecom
The Romanian Government plans to list on the Bucharest and London Stock Exchanges, in 2015 or 2016 at the latest, the Bucharest-Otopeni international airport, Constanta Harbor, hydropower pr...
Government Mandates Authorities To Prepare New Stock Market Listings For Fall
Romania's government has approved the set-up of a working group and mandated the Finance Ministry and the financial supervision authority ASF to coordinate the country's stock market listing...