Romanians Abroad Discontent With Postal Voting Law And Excessive Bureaucracy
Romanians living abroad are discontent with the postal voting law, which facilitates the right to vote only in theory, and with the excessive bureaucracy in the embassies.
At the Summer University in Izvorul Muresului, Daniel Tecu, head of the Federation of Associations of Romanians in Europe (FADERE), talked about the main issues of Romanians living abroad, saying that Romanians who come to their country to spend time with their families have to wait even for 3-4 days for the release of the IDs and passports, instead of a few hours, like it happens in EU states. Tecu added that consular taxes have not decreased despite MPs legislative initiatives. (Adevarul)
Hidroelectrica Posts Record Profit In 1H/2016
Romania’s state-owned hydropower producer Hidroelectrica, which underwent a rough restructuring process during insolvency, reached a record profit in the first six months of the year.
Thus, the company reported a net profit of RON754 million in January-June, according to Remus Borza, the representative of Hidroelectrica’s legal administrator Euro Insol.
Hidroelectrica went insolvent in June 2012 after it had sold electricity outside the energy exchange at prices below market levels. The company was court-ordered into a second insolvency process in February 2014, less than eight months after completing a one-year reorganization process.
In June 2016, Bucharest Court ruled on the exit from insolvency of Hidroelectrica after a four-year insolvency process. (Evenimentul Zilei)
Tarom Launches Bid To Replace Old Airbus A310 Aircrafts
Romanian state-owned airline Tarom has finally taken the first step to replacing its old Airbus A310 aircrafts, by launching a bid to lease another two aircrafts.
In fact, the project was stipulated in the management plan of former private manager Christian Heinzmann, but he did not take any step in this respect during his mandate as manager.
Transilvania and Moldova Airbus A310 aircrafts are the oldest aircrafts in Tarom fleet and will go out of service by the end of the year. The two aircrafts to be leased will not be older than five years and will be Airbus, Boeing or Embraer model, according to Tarom representatives. (Puterea)
Terror Crisis In Western Europe Boost Romanian Medical Tourism
The terrorist crisis in western European countries has triggered higher sales of Romanian private clinics providing medical tourism.
The number of Romanians living abroad and foreigners who choose Romania for dental treatment or cosmetic and plastic surgery has nearly doubled compared with the previous years.
The attractive prices for such services in Romania, the inexistence of a waiting list for medical services and the recent terror attacks in European states determined more and more foreigners to travel to Romania during the summer for various cosmetic treatments or surgery. (Adevarul)
Australia Faces Gas Shortage
Australia, the world’s biggest liquefied natural gas exporter and the owner of one of the biggest reserves in the world, is facing a gas shortage, according to Reuters.
The issue occurred because Australia restricts new drilling onshore and cash-strapped oil and gas companies cut spending.
Under the circumstances, authorities will meet soon to decide whether to lift a ban on onshore gas developments.
Gas price is currently six-fold higher in Australian state Victoria than on the Asian stock exchanges, as a cold snap and a power shortage in neighboring South Australia led to a surge in demand. (Adevarul)