Social/Politics
Romania To Get EUR1.1B From EU To Develop Airport Infrastructure
Romania will receive EUR1.12 billion in European funds between 2014 and 2020 to develop its airport infrastructure, Transport Minister Ramona Manescu said Tuesday.
Coal Miner CNH Files Insolvency Request Against CE Hunedoara
Romanian state-run coal mining company Compania Nationala a Huilei (CNH) has lodged an insolvency request against CE Hunedoara energy holding over an unpaid debt of 70.7 million lei (EUR15.8...
Christian Heinzmann Stays CEO At Tarom
Belgian Christian Edouard Heinzmann will remain Chief Executive Officer of Romanian state-run airline Tarom, Transport Minister Ramona Manescu said Tuesday.
Oltchim Narrows Loss To RON172.7M In January-September
Romanian insolvent chemical plat Oltchim Ramnicu Valcea (OLT.RO) Tuesday reported loss of 172.74 million lei (EUR38.7 million) for the first nine months of 2013, down 44% on the year.
Romanian Airliner Tarom Looking Into New Markets Or Low Cost Segment
Romanian state-owned airline Tarom has had to revise its operating model because of fierce competition and is looking into either tapping new markets, such as those in Asia, or going into th...
EXCLUSIVE: Romania To Get RON344M In Revenue From Minimum Wage Raise
Romania will get additional state budget revenue of RON344 million (EUR77.2 million) from raising the minimum wage, according to an official government document obtained by MEDIAFAX.
Parliament’s Special Committee Rejects Rosia Montana Gold Mining Project
The Romanian Parliament’s special committee for the gold mining project in Rosia Montana, central Romania, Monday rejected the Government’s bill on gold exploitation in the region.
EBRD Ups Romania GDP Growth Forecast To 2.4% In 2014
The European Bank for Reconstruction and Development Monday revised slightly its forecast on Romania’s economic growth to 2.4% in 2014, from 2.2% previously, but warned of continued growth c...
Romanians Among Most Dissatisfied With Taxes, Politicians In SEE - Survey
Romanians are among the most dissatisfied Southeastern European citizens with their country’s tax system and politicians, according to a survey conducted by market research company Daedalus.