REORGANIZATION
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Creditors Approve Reorganization Plan At Astra Vagoane
The creditors of railway cars maker Astra Vagoane Arad recently approved a reorganization plan whereby the company maintains activity and keeps all employees, since an investor showed intere...
Boc: Ruling Coalition To Continue Talks On Country’s Reorganization Until Monday
Romanian Prime Minister Emil Boc said Tuesday the ruling coalition will continue talks on the country’s administrative reorganization until the beginning of next week to take a decision on t...
Boc Says Administrative Reorganization Is Romania’s Concern Alone
Romania’s administrative reorganization concerns Romania alone, Prime Minister Emil Boc said late Thursday in response to comments by a Hungarian high official who said Romania’s plans would...
Posta Romana To Set Up Bank, Insurance Broker - Communications Minister
Romania's Communications Ministry wants the national postal company Posta Romana to set up a bank and an insurance broker, operations which would enable it to better utilize its network and...
Proposed Plan To Reorganize Romania Changes Country’s Ethnic Map – Hungarian Official
The recently proposed administrative reorganization of Romania would represent an unacceptable change of the country’s ethnic map, said Hungarian deputy Prime Minister Zsolt Semjen, cited by...
Ruling Coalition Fails To Agree On Administrative Reorganization Plan
Romanian ruling coalition leaders on Tuesday failed to reach an agreement on a bill regarding the country’s administrative reorganization into eight counties from the current 41.
Government To Seek Confidence Vote On Administrative Reorganization Act
Romania's Government will seek a confidence vote in Parliament to adopt the act on the country's administrative reorganization, Democratic Liberal Party general secretary Ioan Oltean announc...
Basescu Wants Country Reorganized Into Eight Counties
Romanian President Traian Basescu on Wednesday asked the Government to consider the country’s reorganization into eight counties or seven counties and Bucharest, pointing out that the curren...
Meva Could Learn From Flanco In Its Reorganization
The reorganization of rolling stock manufacturer Meva, controlled by Cristian Burci, could be done based on the model of home appliances retailer Flanco, whose assets were taken over by an i...