State-Owned Energy Companies To Invest EUR1B In Upgrades In 2017
Romanian Energy Minister, Toma Petcu, told Antena 3 TV station that he asked subordinated companies to stipulate the assigning of minimum 20% of revenues for investments this year.
Petcu said that certain state-owned companies have not implemented their investment plan undertaken last year.
“Most of the companies have not completely implemented the investment plan established in 2015 for 2016.They did not manage to invest 100% of the amounts assigned for 2016, not to mention the reserves,” Petcu said. (Adevarul)
Home Prices In Romania Expected To Rise Nearly 10% By End-2017
Home prices in Romania will keep their upward trend and are expected to go up by 8-10% by the end of 2017, compared with 2016, while rental rates in urban areas will see an increase of 7-10%, compared with the average tariff in the previous year, according to an analysis by real estate firm Re/Max.
“If in 2016, the average sale price for an apartment in an urban area, in Romania, stood at EUR1,150 per square meter, in 2017, it is expected an increase of 8-10%. Rental rates for apartments in urban areas are expected to see a similar evolution and rise by nearly 7-10% by the end of 2017, compared with the average tariff in 2016, of EUR550 per sqm,” according to Re/Max experts.
According to RE/MAX analysis, searches for a new real estate transaction start in the online environment. (Puterea)
Senate: Minimum Wage For Apprentices And Interns
Apprentices and interns hired by employers operating in Romania will be paid the minimum wage, according to a draft law adopted Tuesday by the Senate.
The money received by the employers for the salaries of apprentices and interns will come from the unemployment budget and European structural and investment funds.
According to the bill, the employer gets, on demand, RON1,125/month for hiring an apprentice (for a contract of 1-3 years) and RON1,350/month for hiring a newly graduate. (Capital)
USR Asks Senate For Sanctions On Calin Popescu Tariceanu And Serban Nicolae
USR MPs asked the Senate for sanctioning Senate chairman, Calin Popescu Tariceanu and the head of the Law Committee, Serban Nicolae.
According to USR representatives, Serban Nicolae said insulting words to Senate deputy chairman, Mihai Gotiu (USR), while Tariceanu, as Senate chairman, refused to apply the Senate regulation, according to which Nicolae should have been sanctioned in the session held on April 3. (Puterea)
Tornado Warning For Romania And Part Of Europe
AccuWeather meteorologists have issued an unfavorable weather warning for some parts of Eastern Europe and the Balkans, including Romania.
Specialists expect a few days of thunderstorms and heavy rains this week in northern Greece, Poland, Belarus and western Ukraine. The worst weather conditions are expected in Serbia, western Romania, Hungary, eastern Slovakia and southwestern Ukraine, according to accuweather.com. (Puterea)