President Klaus Iohannis Says He Has Confidence In Kovesi

Romanian President Klaus Iohannis said Wednesday evening he has full confidence in anticorruption chief prosecutor Laura Kovesi and reappointed her head of the National Anticorruption Department (DNA).

“As far as Laura Codruta Kovesi is concerned, I have no shadow of a doubt. This afternoon I signed the decree appointing Kovesi for a new three-year term at the head of the National Anticorruption Department. I will promulgate it tomorrow. I am fully confident the DNA will continue in force,” Iohannis said on public television.

Four Israeli citizens are investigated by the Romanian organized crime prosecution department DIICOT for spying communications and attempt of compromising DNA chief-prosecutor Kovesi, according to a press release by investigative journalism organization Rise Project.

Energy Ministry Prepares Massive Layoffs From State Companies

Romania’s Energy Ministry is planing massive layoffs from energy holding CE Hunedoara and the National Uranium Company, which is on the brink of collapse.

The ministry is looking to lay off 700 employees from the uranium company by the end of the year and the country will close its sole active uranium mine for nine months. The company has around 1,200 employees.

The government also plans to lower staff number at CE Hunedoara, which entered insolvency in January this year.  (Puterea)

Romanian Central Bank Still Working To Recover Gold Treasure From Russia

Central bank governor Mugur Isarescu said it the the central bank’s duty to take all the necessary steps to recover the country’s gold treasure from Russia.

The Romanian central bank and the country’s governments over the years have never given up on attempts to recover the national treasure from Moscow, where it was sent during the First World War, when Romania was under German occupation, News.ro quoted Isarescu as saying. (Adevarul)

RADET Is On The Brink Of Bankruptcy

Heating distributor RADET is on the verge of bankruptcy and posted a loss of RON42.4 million in 2015.

RADET is the administrator of the largest centralized heating system in Romania, with a 43% market share, and distributes heat to around 565,000 apartments and 5,400 institutions and economic operators.

The company says the Bucharest city council is mainly to blame for its situation. (Evenimentul Zilei)

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