Romania’s Regional Development Ministry Donates EUR2.5M For Schools In Moldova
Romania’s Ministry of Regional Development and Public Administration plans to acquire one hundred school buses and donate them to public schools in the Republic of Moldova.
The ministry run by minister Vasile Dancu has launched the public acquisition procedure for the respective vehicles. Following market consultations, considering prices on the auto market, ministry representatives estimate to pay RON11,232 million (EUR2,509 million), including VAT, for the one hundred school buses.
The RON11,232 million will come from the ministry’s budget, as well as from donations and other legal sources. Interested companies have until September 21 to submit price offers. (Puterea)
Household And Corporate Bank Deposits Reached RON257.2B In July
Romanian households’ local-currency bank deposits reached RON97.4 million at the end of July 2016, flat on the month, but up 10.5% versus July 2015.
Households’ foreign currency deposits inched down 0.3% on the month in July, down to the equivalent of RON56.87 billion, but rose 7.3% against the same month in 2015.
Overall, household and corporate bank deposits stood at RON257.2 billion (EUR57.8 billion) at the end of July, down 0.9% against June, but up 12.2% compared with the same month in 2015. (Adevarul)
More Than 3,000 Employees In Energy Sector To Be Laid Off In 2016
Employees to be laid off throughout 2016 at Romanian state-run energy holdings Oltenia and Hunedoara and at the state-run mine closing company Societatea Nationala de Inchideri Mine Valea Jiului (SNIMVJ) will enjoy social protection measures.
The government adopted three decisions whereby it allocated nearly RON16.5 million (some EUR3.6 million) from the 2016 unemployment security budget for severance pay to 3,090 people about to be made redundant at the three energy companies, based on layoff plans, as follows: energy holding Oltenia (RON12.364 million for severance pay to 2,000 people about to be sacked in 2016); energy holding Hunedoara S.A. (RON3.306 million for severance pay to 840 people about to be sacked) and the mine closing company (RON831,000 for the payment of severance pay to 250 people about to be laid off, in two stages). (Evenimentul Zilei)
Transporters Accuse Financial Supervisory Authority Of Abuse
Transporters in Romania accused multinational insurance companies and the Financial Supervisory Authority (ASF) of planning to throw them into bankruptcy by boosting prices of mandatory car insurance policies (RCA).
Calculations presented by the Confederation of Romanian Licensed Operators and Transporters (COTAR) show that prices of RCA insurance policies are two up to fourfold higher than they should.
Therefore, transporters’ associations keep threatening to stage unprecedented protests countrywide mid-September, being displeased with the increase in RCA tariffs and the impact of these price hikes. (Puterea)
President Iohannis Sends Condolences To Italian Counterpart After Deadly Quake
Romanian President Klaus Iohannis sent condolences to Italian President Sergio Mattarella after a massive earthquake leveled three remote mountain towns and claimed the lives of at least 120 people.
The magnitude 6 quake struck Tuesday night and was felt across a broad swath of central Italy, including Rome, where residents felt a long swaying followed by aftershocks. The temblor shook the Lazio region and Umbria and Le Marche on the Adriatic coast.
With hundreds injured and an unknown number of people trapped under rubble, rescue workers expect the death toll to mount further. (Evenimentul Zilei)