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Romanian Government Approves Bill Making Prepaid Mobile Phone Cards Traceable
Technology &Telecoms

Romanian Government Approves Bill Making Prepaid Mobile Phone Cards Traceable

Romanian prepaid mobile phone card users will have to register their ID with their mobile operator or their service would be suspended and people buying prepaid SIM cards will have to presen...

Oana Gavrila · 09.04.2014 · 14:43 · 1 min
Romania Power Output Down 0.1% On Year In First Two Months
Macroeconomics

Romania Power Output Down 0.1% On Year In First Two Months

Romanian energy output inched down 0.1% on the year to 3.6 million tons of oil equivalent in the first two months, held back by declining production in the wind sector, official data showed...

Florentina Dragu · 09.04.2014 · 10:00 · 1 min
Romania January-February Trade Gap Widens To EUR566M
Macroeconomics

Romania January-February Trade Gap Widens To EUR566M

Romania’s trade deficit widened 11.6% on the year to EUR566 million in the first two months, with imports rising faster than exports, the country’s statistics institute INS said Wednesday.

Florentina Dragu · 09.04.2014 · 10:00 · 1 min
Car Industry Reshuffled Romanian Export Structure
Macroeconomics

Car Industry Reshuffled Romanian Export Structure

The share of transport equipment in the overall exports rose from 3% to 14% between 2000 and 2013, during a period when the value of exports increased from EUR11 billion to EUR49 billion, wh...

Catalina Apostoiu · 08.04.2014 · 16:11 · 2 min
E.ON Romania Buys Minority Stakes In Local Units For EUR31.5M
Energy

E.ON Romania Buys Minority Stakes In Local Units For EUR31.5M

E.ON Romania, a unit of Germany’s utility E.ON, has paid the Romanian government EUR31.5 million for a batch of shares in its local units E.ON Energie Romania and E.ON Moldova Distributie, t...

Florentina Dragu · 08.04.2014 · 13:19 · 1 min
New State Aid Scheme For Companies In Romania
Social/Politics

New State Aid Scheme For Companies In Romania

The Romanian state is set to cover part of salary expenses for around 1,500 companies that should create a total of 30,000 new jobs within a seven-year period, with the budget of the new sta...

Catalina Apostoiu · 08.04.2014 · 00:00 · 3 min
Isarescu: 20% Rise In Industrial Orders Points To Good Industry Output This Year
Macroeconomics

Isarescu: 20% Rise In Industrial Orders Points To Good Industry Output This Year

The significant increase in industrial output in Romania last year, of 8%, is not getting enough attention and the indicators of the first two months show the upward trend continues, said ce...

Loredana Frățilă-Cristescu · 07.04.2014 · 21:57 · 1 min
Social/Politics

Senate Adopts Ordinance On Placing Transelectrica, Transgaz Under Government Secretariat’s Authority

Romania’s Senate adopted the ordinance on placing state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) from the Finance Ministry to the government’s General Secretariat.

Gabriela Stan · 07.04.2014 · 18:58 · 1 min
Balcerowicz About Governments: Politicians Should Not Be Left To Themselves
Macroeconomics

Balcerowicz About Governments: Politicians Should Not Be Left To Themselves

Leszek Balcerowicz, former Finance minister of Poland and head of the country’s central bank, speaks about the countries’ need to reform in an interview with Mediafax, lobbying for a constan...

Bogdan Neagu · 07.04.2014 · 18:47 · 5 min