GOVERNMENT
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Govt Delays Selling Energy Companies Oltenia, Hunedoara Until End-2012
Romania and the International Monetary Fund have agreed to delay by six months until the end of 2012 the privatization of the country’s planned energy companies Oltenia and Hunedoara, accord...
Romania To Continue Layoffs In Railway Sector, Close Lines For Which Auctions Failed
The Romanian Government will continue layoffs in the railway sector next year and will carry on auctions to lease 1,600 kilometers of extended railway, according to a letter of intent agreed...
Hidroelectrica To Terminate All Deals Concluded Outside OPCOM Market
Romanian government will give notice of cancellation by year-end to all companies that signed bilateral deals with state-run energy producer Hidroelectrica outside the energy market OPCOM, a...
Romania To Hike Gas Prices For Companies By 5% Come Jan 2012
The price of natural gas for industrial consumers will grow by another 5% starting January 2012, under an agreement concluded between the Government and the International Monetary Fund.
Romania Mulls Setting Up Real Estate Firm To Manage Assets Of Transport Companies
Romania’s Government is considering setting up a special real estate company to manage all properties of state-owned transport companies, hoping to improve their revenue generation and insta...
Employers To Receive RON300 Monthly For Each Apprentice They Train
Employers will receive 300 lei (EUR69) monthly for each apprentice hired for a period of maximum three years, according to a decision approved by the Romanian Government Tuesday.
Professional Fishers To Sell Catch In Wholesale Market
Professional fishers and associations of fishers in the Danube Delta and the Black Sea regions will sell fish in a wholesale market to be built in Tulcea, southeastern Romania, according to...
Government Changes Again Clawback Tax Formula - Sources
The Romanian Government on Tuesday decided to change the formula used to compute the clawback tax imposed on drug producers, by implementing a system to consider producers’ market share and...
Government Assigns RON8M To Pay Severance To Laid Off Miners
Romania’s Government decided Tuesday to disburse an emergency aid of 8 million lei (EUR1.8 million) to pay severance to laid off coal miners, people close to the matter told MEDIAFAX.