SPENDING
109 articole · RSS
Economy Ministry: Romgaz Unlawfully Spent Over RON238M
Romanian natural gas producer Romgaz has wrongly spent more than 123 million lei (EUR27 million) on machinery and equipment, and another RON115 million on activities that did not improve its...
Government Bans Local Authorities From Outsourcing Public Internal Audit Services
The Romanian Government has decided to ban local authorities from buying public internal audit services from private individuals, arguing the outsourcing of these services based on a law ado...
Government Bans Public Institutions From Buying Consultancy Services, Cuts Protocol Spending
Romania’s Government has banned public institutions and state-owned companies from buying consultancy and legal assistance services if they already have specialized employees and will force...
Carrefour’s Boss Does Not See Any Significant Rise In Consumer Spending
Francois Melchior de Polignac, who took the reins of Carrefour Romania less than a year ago says that he does not expect any significant increase in the local consumer spending this year. Th...
Do You Know Where Your Money Goes?
ZF starts a campaign Tuesday to monitor how the 195 billion lei (EUR45 billion) that the government expects to collect for the consolidated budget in 2012, as indicated by the budget bill, w...
Romania '12 State Budget Revenue Seen At RON95.6B; Spending Capped At RON113B
Romanian government targets total revenues to the state budget of 95.65 billion lei (EUR22 billion) in 2012, up 13.5% on the year, while overall spending is poised to stagnate at around RON1...
Romania's Capital Spending Below Expectations, EU Says
Romanian capital spending has been under-executed in the first eight months of the year and is likely to post a more modest growth rate for the whole year compared to original expectations,...
Government Ups Personnel Spending By 5% In Election Year 2012 - Bill
The Romanian Government will increase staff spending by 5% in election year 2012, above the cap set for this year, to 42.59 billion lei (about EUR10.33 billion) or 7.2% of the gross domestic...
Oil Terminal Cuts Working Hours To Slash Costs
Romanian cargo handler Oil Terminal Constanta (OIL.RO) Monday said it will cut working hours to four days per week, implicitly reducing pay, to meet the estimated costs for the first half of...