Economy Ministry Asks Transgaz To Pour Dividends Of Over RON170M Into State Budget

The Economy Ministry has asked natural gas transmission company Transgaz to summon the Ordinary General Assembly to approve the distribution as dividends of RON171 million from existing amounts, according to a document sent to the Bucharest Stock Exchange (BSE).  

Prime Minister Mihai Tudose on Tuesday said all state-run companies are going to transfer amounts to the state budget, in advance, as dividends uncommitted in future projects, at the government’s request. (mediafax.ro)

Roma King Dorin Cioaba Detained In Tax Evasion Case   Dorin Cioaba, the self-proclaimed King of Roma people in Romania, was detained Wednesday evening in a tax evasion case involving damages of over EUR5 million.

„My brother, Dorin Cioaba, was detained. We are talking about a company held by his wife, but, instead of arresting his wife, Sighisoara, police officers detained my brother. I think this is an abuse”, said Dorin Cioaba’s brother, Daniel. (mediafax.ro)

Dacia Announces New Car Model For 2018

The trend of the compact seven-seat SUVs seems to be also considered by Renault Group when it comes to launching new car models. The carmaker is considering scrapping a current model that no longer follows the European trend.

Marc Suss, director of global access range within Renault group, said the group will not discard the market of the seven-seat car models and, once Lodgy’s lifespan has reached the end, the group will come up with a new model. (mediafax.ro)

Government Adopts Internship Bill

Youths aged at least 16 will be able to attend internship programs paid at private firms or public institutions, during periods of six months at most, according to an internship bill adopted by the government in its Wednesday meeting.

The intern or beneficiary of the internship program is entitled to a monthly net internship allowance granted by the host organization. The allowance will be at least equal to 50% of the equivalent of the minimum base gross wage.

The activity of an intern, as stipulated in an internship contract, is of six hours a day, maximum 30 hours per week, for five days. Overtime is banned during the period of the internship program. (mediafax.ro)

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