Social/Politics
Romania Posts Bumper 2013 Corn, Sunflower Harvest
Romania recorded bumper corn and sunflower crops this year thanks to favorable weather, Agriculture Minister Daniel Constantin said Thursday.
Number of Employees Up In January-September 2013
The labor market showed signs of a rebound in the first nine months of the year, as the number of employees went up, but Romanian employees will have to wait a while before they can see some...
CFR Marfa To Lay Off 2,500 Employees Next Year, Nearly 30% Of Its Staff
Romanian freight railway carrier CFR Marfa will lay off 2,500 employees next year, nearly 30% of the total, according to the company’s budget for 2014, which also stipulates RON16.8 million...
Agricover Head: Romanian Farmers Sell Crops At Low Prices Despite Soaring Farm Output In 2013
Romanian farmers are selling crops at prices much lower compared to 2012, and even 40% lower for cereal and corn, although the country’s farming output has seen strong growth in 2013, when t...
EBRD: Romania Needs To Step Up Efforts To Address NPLs, Corruption
Increasing predictability for investors in the renewables sector and addressing the high level of non-performing loans in the banking system should be among Romania’s priorities in 2014, the...
Romania Has Highest Number Of Tax Payments In EU, Wastes 200 Hours/Year Paying
A company in Romania makes 39 payments to the state each year as taxes and contributions, triple compared to the EU average, for which it wastes 200, and the bulk of the fiscal burden lays o...
Government Sidelines Sibiu-Pitesti Highway
The 116 kilometer-long Pitesti-Sibiu highway expected to cost EUR3 billion is no longer a priority for Romania’s company in charge of highways and national roads CNADNR and stands little cha...
Romanian PM Seeks Confidence Vote In Parliament On Decentralization
Romanian Prime Minister Victor Ponta addressed the Parliament Tuesday seeking a confidence vote on a bill that aims to decentralize public administration.
GfK: Romanian FMCG Market Rose 1% This Year
Romanians have started buying cheaper products this year and the value of the local fast moving consumer goods market (FMCG) has increased 1%, according to GfK.