Government Raises Property, Vehicle, Land Tax In Updated Tax Code Draft
Romania’s government raises taxes on residential property even more as of next year, according to an updated draft of the Tax Code, from the draft presented a month ago.
The new document, dated March 13, sets a 6% increase of the taxable base on all types of housing.
The government also plans to increase taxes on lands within and outside city limits as of 2016, as well as vehicle taxes, according to the updated draft of the Tax Code. (Puterea)
ArcelorMittal Galati Invests EUR7M In Energy Efficiency Program
ArcelorMittal Galati has invested more than EUR7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces, part of a wider energy efficiency program targeting a 15% drop in energy consumption.
Following the investment, the company has cut steam consumption by half.
“We have an extended program of increasing the energy efficiency of our company, and this new investment is part of it, allowing us to make immediate and long term savings in energy consumption. Our focus is to increase the performance of our operations, so we can adapt to the demands of our clients and, also, to the realities of the market,” company CEO Bruno Ribo said.
Over the past 10 years, ArcelorMittal Galati invested almost EUR800 million in technology and production facility upgrades and the replacement of obsolete equipment. (Romania Libera)
European Union To Approve Final Version Of National Program For Rural Development By Mid-April
European Union will approve a final version of the National Program For Rural Development, available until 2020, by mid-April, thus, youths should get EU agriculture funds soon.
Within National Program For Rural Development 2014 – 2020, Romania gets EUR9.363 billion, out of which EUR8.015 billion from EU funds and EUR1.347 billion from the state budget.
According to Phil Hogan, European Commissioner for Agriculture and Rural Development, the program is aimed at supporting youths to start a business in agriculture with EU funds, encouraging them to stay in the country. (Adevarul)
Former President Traian Basescu To Be Heard By Prosecutor’s Office
Former President of Romania, Traian Basescu, stated he will be heard by prosecutors on Wednesday, after PSD Senator Gabriela Firea accused him of blackmail back in 2014.
Traian Basescu confirmed that he received a letter saying he is a suspect in this case, adding that he would go to the Prosecutor’s Office for hearings.
Gabriela Firea sued Traian Basescu after the former president warned her, in 2014, that she might no longer find her husband at home, but the General Prosecutor’s Office said at that time that the President cannot be investigated because of immunity. (Evenimentul Zilei)
Policlinic Of Parhon National Endocrinology Institute Reopened
The policlinic of Parhon National Endocrinology Institute was reopened on Monday after the completion of consolidation and upgrade works, following investments worth RON1.7 million.
The policlinic will be used for outpatients’ treatment and has cabinets of endocrinology, gynecology, ophthalmology and medical imaging.
Health Minister Nicolae Banicioiu, who attended the opening, stated that the institute’s genetics center will be ready by yearend. (Adevarul)