Social/Politics
Eurobarometer: 64% of Romanians Consider Working Conditions In Romania Are Bad
Nearly two thirds of Romanians consider current working conditions in the country are bad, while 55% consider these conditions have deteriorated over the past five years, according to a Euro...
3 Million Romanians Show Up As ‘Employed’ In Statistics But Don’t Have A Job
Statistics show Romania has an employed population of 9.2 million people, but only 6.2 million of them are salaried employees. The other 3 million are unaccounted for, they are the ‘black ho...
Hidroelectrica’s Supervisory Board Dissolved After Company Went Insolvent
The supervisory board of Hidroelectrica, Romania’s largest energy producer that entered insolvency for the second time on February 25, has been dissolved, and none of the members appointed i...
Government Approves Aid Scheme For Companies Creating At Least 20 Jobs
Romania's government approved an aid scheme Wednesday whereby the state will cover part of the salary costs for a two-year period for companies creating at least 20 new jobs.
Government Approves Tax Exemption On Reinvested Profit
Romanian government approved Wednesday the emergency ordinance regarding the tax exemption on reinvested profit for investments in technological equipment carried out between July 1, 2014 an...
Major Electricity Consumers To Save EUR40M If Romania Enforces Green Power Subsidy Cut
The major electricity consumers could save about EUR40 million in 2014 if the government adopts a decision to cut the green power subsidies paid by energy intensive industrial companies.
Romania Gets CHF2.5M From Switzerland To Fight Money Laundering
Switzerland will grant non-reimbursable financing of CHF2.5 million to Romania to assist the latter in the fight against money laundering.
Romgaz To Recover RON240M Debts From ELCEN In Court
Romania’s state-run natural gas producer Romgaz (SNG.RO) filed legal action against electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) to recover debts worth RON240.3 m...
Nuclear And Hydropower Investments Buried Under Tons Of Feasibility Studies
Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billio...