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Romania Makes Oltchim Takeover Proposition To SOCAR
Energy

Romania Makes Oltchim Takeover Proposition To SOCAR

Romania’s government made a proposition to Azeri state-run oil company SOCAR to take over state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO), which entered insolvency at the beginnin...

Ioana Tudor · 27.06.2013 · 12:23 · 1 min
Government Adopts Decree Slashing 3,000 Jobs In Central Administration
Social/Politics

Government Adopts Decree Slashing 3,000 Jobs In Central Administration

Romania’s Government on Wednesday adopted an emergency ordinance laying off nearly 3,000 people in central administration jobs and eliminating vacancies in local and central administration,...

Oana Gavrila · 26.06.2013 · 18:49 · 1 min
Romania To Eliminate About 3,000 Occupied Positions In Central Administration
Social/Politics

Romania To Eliminate About 3,000 Occupied Positions In Central Administration

Romania will lay off employees of ten ministries by eliminating 2,860 occupied positions, or 4% of total staff, and will wipe out vacancies in local and central administration, except vacant...

Ioana Tudor · 26.06.2013 · 12:53 · 1 min
Romania May Raise Wages Of EU Fund Management Authorities’ Employees
Social/Politics

Romania May Raise Wages Of EU Fund Management Authorities’ Employees

Romania’s government will negotiate with the International Monetary Fund a special wage system for public servants involved in attracting European funds, which will use both national and EU...

Ioana Tudor · 21.06.2013 · 15:31 · 2 min
Romania To Change Public Procurement Rules To Lower Emphasis On Lowest Price
Social/Politics

Romania To Change Public Procurement Rules To Lower Emphasis On Lowest Price

Romania’s Government plans to amend norms on public procurement to have the technical part of an offer assessed primarily instead of the lowest price.

Oana Gavrila · 21.06.2013 · 14:32 · 1 min
Cabinet Approves Purchase Of 12 Used F-16 Fighter Jets From Portugal For EUR628M
Social/Politics

Cabinet Approves Purchase Of 12 Used F-16 Fighter Jets From Portugal For EUR628M

Romania’s government approved Wednesday a bill on the acquisition of 12 used F-16 fighter jets from Portugal for EUR628 million to be paid in 2013-2017.

Oana Gavrila · 19.06.2013 · 16:20 · 1 min
Government To Hire Private Experts To Avoid Losing EUR6.5B In EU Funds
Banks-Insurance

Government To Hire Private Experts To Avoid Losing EUR6.5B In EU Funds

The Romanian government will hire private experts to analyze requests for European financing and will pay them EUR280 per day for a period of two years, ensuring the money from EU funds and...

Ioana Tudor · 19.06.2013 · 15:09 · 1 min
Government Starts Checking High Wealth People With Unpaid Taxes
Social/Politics

Government Starts Checking High Wealth People With Unpaid Taxes

The Romanian Government has started this year to check up on people with large wealth suspected of exceeding the “minimum acceptable risk” by not paying their taxes.

Ecaterina Craciun · 14.06.2013 · 15:21 · 1 min
Romania Willing To Discuss CE Oltenia Privatization
Energy

Romania Willing To Discuss CE Oltenia Privatization

Romania’s government wants to rethink plans regarding energy producer CE Oltenia and is considering selling it to a strategic investor or sealing a partnership with a private company, accord...

Ioana Tudor · 14.06.2013 · 14:52 · 1 min