Social/Politics
AOAR: Government Should Take Steps To Keep Factories, Even By Temporary Nationalization
The Economy Ministry and the government should set up measures to maintain the industrial plants in Romania, even by temporary nationalization of certain important companies (in the steel, m...
Romanian Integrity Agency Pays EUR6.9M For Software To Find Irregularities In Public Procurement
Romania's national integrity agency has awarded a RON30.41 million (EUR6.9 million) contract to a consortium consisting of Siveco, UTI Grup, SAP and Computer Sharing for software that wou
ArcelorMittal Galati Launches Pre-Retirement Program To Optimize Workforce
ArcelorMittal Galati’s employees eligible for retirement by the end of 2015 can leave the company early under a pre-retirement program that kicks off Monday, the Romanian unit of the world’s...
Romtelecom And Cosmote To Build Network Covering Underprivileged Areas For EUR83M
Romania's Ministry for Information Society has awarded a RON365.8 million (EUR83.1 million) contract to Romtelecom and Cosmote, leasing construction works for a telecom network to cover unde...
Companies Paying Lower Green Certificate Quotas Forced To Keep Any Layoffs To Under 25% Of Staff
Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state...
Industrial New Orders Inch Up 0.5% In May
Romanian industrial new orders inched up 0.5% on the month in May, supported by growth in most sectors, data from the country’s statistics institute INS showed Monday.
Romania Average Net Wage Slides 3.1% In May
Romanian average net salary fell 3.1% to 1,682 lei (EUR383.2) in May, from RON1,735 a month earlier, the statistics institute INS said Monday.
INS: Romania Industrial Sales Rise 2.7% On Month In May
Romanian industrial sales rose in May from a month earlier, boosted by higher demand in all sectors, the country’s statistics institute INS said Monday.
London Stock Exchange Starts Trading Electrica GDRs
Romanian Prime Minister Victor Ponta opened Friday’s trading session on the London Stock Exchange, which starts trading Romanian Electrica’s dollar-denominated global depositary receipts (GD...