Calculation Method Of State Pension For People Working Abroad
People who worked legally abroad can receive two state pensions when reaching retirement age: one from Romania and one from the state where they worked.
Since January 1, 2007, along with its accession to the European Union, Romania has been enforcing the provisions of European regulations in the field of social security.
Under these regulations, the citizens of EU member states enjoy equal social security rights and obligations if they carried out professional activities in the respective countries or if they reside there. The retirement request must be submitted by the applicant at the pension house in the country he/she lives. The applicant must fulfil the legal criteria in the respective country in order to receive the state pension. (Evenimentul Zilei)
OMV Petrom, Petrofac Agree On Early Termination Of Contract For Boosting Crude Oil Production In Ticleni
Romania’s largest oil company OMV Petrom (SNP.RO) has agreed with Petrofac, upon the latter’s request, on the early termination of the contract for boosting crude oil production in Ticleni area, Gorj county.
After the termination of the contract, in the second quarter of 2016, petroleum operations in the area will be continued by a company owned by OMV Petrom, which will take over the approximately 870 employees from Petrofac, the company said in a statement Wednesday.
The contract, concluded in 2010 and valid for an initial period of 15 years, targeted the revival of the mature fields in the area, through a field redevelopment project.
“The current international low crude price environment raises many challenges for the exploitation of mature fields with declining production, such as many of the fields in Romania are,” said Gabriel Selischi, member of OMV Petrom’s Executive Board responsible for Upstream.
The nine oil fields in Ticleni area that were targeted by the contract with Petrofac are mature and have been in production for more than 60 years. (Adevarul)
Romania’s Chamber Of Commerce And Industries Head: Iran, A Market That Must Be Exploited
In the context of lifting the global economic sanctions on Iran, this market has become extremely attractive for Romanian companies.
Mihai Daraban, head of Romania’s Chamber of Commerce and Industries (CCIR), said it is important to find new markets for Romanian companies, considering that European countries account for the bulk of Romanian exports and diversification would ensure a strong security.
According to several specialists, Romania has yet to work on a clear strategy for external trade and investment attraction. (Evenimentul Zilei)
Agriculture Minister Wants Large Stores Closed During The Weekend
The revenues of large stores may drop significantly considering that Romanian Agriculture Minister Achim Irimescu seems to agree with a proposition aimed at keeping supermarkets closed during the weekend.
Irimescu also backs a legislative initiative forcing supermarkets to sell Romanian food products in a proportion of 51%. Such a measure would be saluted, however, by farmers and customers eyeing local produce.
Producers and representatives of large associations in the agricultural sector said they expect a clear decision in this respect.
“Farmers are pleased with such a measure, whereas supermarket chains are displeased. The largest sales are generated by imported agricultural products or private brands. Large supermarket chains across Europe are all closed on Sunday,” said Irimescu. (Puterea)
PNL Co-president Alina Gorghiu Says President Iohannis Has An Affinity For Liberal Party
Alina Gorghiu, co-president of the National Liberal Party (PNL), said President Klaus Iohannis will never unveil his direct support for a candidate, but, she personally thinks Iohannis has an “affinity” for the liberal values and the Liberal Party.
“I am convinced that President Iohannis will not change his attitude. He will never say he will back one or another candidate in a competition, but I am telling you that he shares liberal values and has a particular attraction for the Liberal Party and its candidates,” said Gorghiu when asked if Iohannis would back liberal Ludovic Orban in the race for Bucharest mayor.
Gorghiu said she in convinced that Orban stands every chance to win the upcoming mayoral elections. (Adevarul)