Education Employees’ Wages Should Consider Professional Performance   

The Coalition for Education Federation, made of 17 non-government organizations, said the government should allot 6% of the gross domestic product (GDP) to the education sector.

The federation issued this opinion after taking act of the list of demands voiced out by the education staff during protest rallies held on June 1.

All large organizations such as UNESCO, OECD and the European Commission have published recent studies about teachers’ role and the way it is changing. The low wages and the work conditions remain a big challenge worldwide. (Puterea)

SMURD Helicopter Crashes In Republic Of Moldova

Romania’s Interior Ministry reported that four people died in a crash of a medevac helicopter operated by the Mobile Emergency Service for Resuscitation and Extrication Service (SMURD) at Haragas, district of Cantemir, in the Republic of Moldova.

Moldovan authorities have confirmed the crash of a SMURD helicopter. All available data point to a conformation that the aircraft belonged to SMURD Iasi.

This is the second SMURD medevac helicopter that had crashed with crew aboard in the last ten years.  (Evenimentul Zilei)

Public Acquisitions And Project Financing From EU Funds Get Green Light

The Romanian government made important clarifications regarding the public procurement law and also approved the aid for storing pork.

Romanian farmers who submitted applications in January 2016 may receive aid for storing 10 tons of meat.

The government adopted the norms enforcing the public procurement law, which clarify the contract awarding criteria and also bring important details regarding approval and selection procedures. (Evenimentul Zilei)

Hidroelectrica Likely To Exit Insolvency On June 8

Romania’s largest power producer, Hidroelectrica, is likely to exit insolvency on June 8 when the Bucharest Court is expected to decide on this case.

Hidroelectrica is controlled by the state through the Ministry of Energy and has been insolvent since early 2014.

In 2013, Hidroelectrica started legal proceedings against several energy traders, including Energy Holding, claiming “several hundred million lei” for damages caused by the below-market prices in the bilateral electricity contracts signed with the company. According to a report by Hidroelectrica’s legal administrator Euro Insol, the company lost RON4.8 billion (EUR1.1 billion) between 2006 and 2012 by signing bilateral energy deals at below-market prices.

Hidroelectrica might register a gross profit of RON1.3 billion in 2016, which would be the best result ever recorded by the company, compared with RON1.1 billion in 2015. According to lawyer Remus Borza, the representative of Hidroelectrica’s legal administrator Euro Insol, the results are triggered by the measures implemented by Euro Insol, which targeted the optimization of costs and the increase in revenues.

Hidroelectrica is likely to exit insolvency in June 2016 and be listed on the stock market in November. Borza said Hidroelectrica’s real market value reaches at least EUR5 billion. In 2015, Hidroelectrica budgeted investments of EUR1.3 billion for the next five years. (Puterea)

Social Democrat Candidate Gabriela Firea Has Pole Position In Race For Bucharest Mayor        

Social democrat candidate Gabriela Firea is the strong favourite to win Bucharest’s mayoral election on Sunday, June 5.

Seventy-two hours ahead of the opening of the polling stations, all sociologists and analysts say social democrat candidate Gabriela Firea will be the next mayor of capital Bucharest.

The latest data regarding the race for Bucharest mayor show the following hierarchy: Gabriela Firea, Catalin Predoiu, Nicusor Dan and Robert Turcescu. (Evenimentul Zilei)

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