Social/Politics
Romanian CFR Marfa Sale Should Be Completed By Mid-October
Romania’s government decision approving the sale of 51% in railway freight carrier CFR Marfa to Grup Feroviar Roman (GFR) has been published in the country’s Official Journal.
Romanians Working Abroad No Longer Bring The Needed “Breath Of Fresh Air” For Residential Constructions
Romanians working abroad and who return home for their summer holiday are investing less money in the construction of new homes or in renovations than in previous years, say commune mayors a...
Stefan Nanu Returns To The Helm Of State Treasury In September
Stefan Nanu, Romania’s representative at the World Bank in the past four years, will as of next month resume his job as general manager of the state’s Treasury, which he had left in 2009 wit...
Romania Might Raise Funds For 2013 First Home Program By Extra RON200M
Romania’s government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by extra 200 million lei (EUR45.2 million) for the acquisitions...
Cosmote, Orange, RCS&RDS and Vodafone Want To Rethink Termination Rates
Mobile operators Cosmote, Orange, RCS&RDS and Vodafone Romania want to bring to similar levels charges for calls made in different networks and for same-network calls.
Fiscal Council: Budget Revision Based On Overestimated Revenue
The Romanian Government’s recent announced budget revision breaks several fiscal-budgetary rules and is based on unrealistic expectations, especially overestimated revenue from the income ta...
Oltchim's 1H Net Loss Narrows To RON147.4M
Romanian chemical company Oltchim Ramnicu Valcea (OLT.RO) Tuesday reported a net loss of 147.4 million lei (EUR33.3 million) in the first half, compared with RON182.2 million in the same per...
Investments Keep Falling: FDI Down 19% To Just EUR666M In First Half
Romanian foreign direct investment, or FDI, fell 19% to EUR666 million in the first six months, from RON826 million in the year-ago period, the central bank said Monday.
Romania Posts EUR695M Current Account Surplus In January-June
Romania's current account balance posted a surplus of EUR695 million in the first six months versus a deficit of EUR2.78 billion in the year-ago period, central bank data showed Monday.