Social/Politics
Romania To Support Women Seeking To Start Their First Business
Women who are taking their first steps in business will receive non-reimbursable financing of up to EUR10,000 from the state based on their business plan through a state-supported program ca...
AVAS Claims $8.7M From Musat & Asociatii In Noble Ventures Case
Romania’s privatization authority AAAS, former AVAS, has filed legal action against Musat & Asociatii claiming $8.7 million from the law firm, arguing the latter failed to meet all its oblig...
Hospital Managers To Be Fired If They Fail To Rein In Arrears
Romanian hospital manager will be fired if the healthcare units they run register overdue debts for three consecutive months, according to an emergency ordinance recently approved by the Gov...
Only Two Bidders Left In Race For CFR Marfa Privatization
Romania’s Transport Ministry said Thursday that only two bidders have remained in the race for the planned sale of a 51% stake in state-run freight railway carrier CFR Marfa.
GfK: Only 3% Of Romanians Plan To Buy Housing
Most Romanians are still cautious when it comes to new acquisitions, despite signs that the country’s economy regains strength, and say they are currently unable to save money, according to...
Company Privatization Offers Valid For No More Than Two Years
Offers to sell Romanian state-owned companies will be valid for up to two years, according to a decision approved by the government last week.
INS: Romania's Power Output Down 6.1% On Year In January-April
Romanian energy output fell 6.1% on the year to 7.29 million tons of oil equivalent in the first four months, hurt by falling production in the thermal sector, official data showed Thursday.
Who Stands To Lose Most Money From Green Power Scheme Change
Czech Republic’s CEZ, Italy’s Enel, Energias de Portugal and Spain’s Iberdrola are the companies with the most significant investments in green power in Romania and the first to be affected...
EBRD Remains Committed To Support Investment Projects In Romania
The European Bank for Reconstruction and Development will continue to financially support projects in Romania, regardless of the country’s success in securing a follow-up loan agreement with...