PM Ciolos Not Interested In Politics After Term
Prime Minister Dacian Ciolos told member of his Cabinet he will not go into politics when the Cabinet’s term is over, said deputy prime minister Vasile Dincu.
Ciolos also told cabinet members that they would have to leave the government should they decide to join a political party before the end of their term. (Puterea)
Finance Ministry Selects Six Companies For RON621M State Aid
Romania’s Finance Ministry has selected companies Pirelli, Arctic, Clariant Products, Robert Bosch, Safe Med International and Alu Menziken to receive state aid totaling RON621 million.
The largest state aid, worth RON163 million, will be granted to home appliances manufacturer Arctic, which said it would use the money to build a new appliance factory.
Thirty other companies were rejected, according to data on the ministry website.
“Six investment projects worth a total RON2.28 billion, out of 36 projects, have been selected. The required state aid amounts to RON621.4 million. The six financing agreement requests are to be analyzed and the final results are to be made public within maximum 45 working days from publishing the list,” said Finance Ministry representatives. (Adevarul)
Hidroserv Board To Decide On Insolvency
Hidroserv, a service branch of Romania hydropower generator Hidroelectrica, one of the most profitable state companies, is on the brink of insolvency.
Hidroserv’s board of directors will analyze the possibility of filing for insolvency during its meeting on Tuesday, August 30. Hidroserv handles maintenance of hydropower plants and is fully owned by Hidroelectrica. Hidroserv has 1,500 employees.
Hidroelectrica spent four years under insolvency in two separate instances. (Puterea)
Transgaz To Sign EUR179M Contract For Interconnection Project
Romanian natural gas transmission company Transgaz and European Commission officials will sign the final contract for a EUR179 million grant for the development of a pipeline connecting Bulgaria, Romania, Hungary, and Austria.
The contract will be signed on September 9, in Budapest.
The interconnection pipeline project will create around 4,000–5,000 jobs during the execution phase and around 300–400 permanent jobs, said Transgaz board president Ion Sterian. (Evenimentul Zilei)
Bucharest Coltea Hospital To Be Secured In Case Of Quake
The Bucharest Coltea hospital will be part of a pilot project to secure mobile medical equipment in case of earthquake, mayor Gabriela Firea announced Monday.
Firea met with state secretary Raed Arafat, the management of emergency rescue services and Bucharest sector mayors to discuss a program to secure hospitals in the capital city in case of earthquakes.
The pilot project will start with Coltea hospital, she said. (Romania Libera)