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Victor Ponta Reacts Harshly To E.ON Romania CEO’s Statements
Social/Politics

Victor Ponta Reacts Harshly To E.ON Romania CEO’s Statements

Prime Minister Victor Ponta has taken an aggressive stance against E.ON Romania after the company’s chief executive Frank Hajdinjak said the group will give up its green energy projects in R...

Ecaterina Craciun · 31.05.2013 · 09:34 · 2 min
Continental Automotive Romania To Hire 1,000 People
Automotive

Continental Automotive Romania To Hire 1,000 People

Car part manufacturer Continental Automotive Romania continues local investment and plans to create 1,000 new jobs.

Tudor Ioana Raluca · 31.05.2013 · 00:00 · 1 min
World Bank Appoints New Country Manager For Romania
Banks-Insurance

World Bank Appoints New Country Manager For Romania

The World Bank has appointed Elisabetta Capannelli as the new country manager for Romania, replacing Francois Rantrua, the international lender said in a statement Thursday.

Florentina Dragu · 30.05.2013 · 18:30 · 1 min
Chiritoiu: It Is Crucial That Courts Uphold Competition Council Decisions
Companies

Chiritoiu: It Is Crucial That Courts Uphold Competition Council Decisions

Romania’s Competition Council head Bogdan Chiritoiu said Thursday it is essential that courts uphold the decisions taken by the antitrust authority.

Ioana Tudor · 30.05.2013 · 15:13 · 1 min
Vosganian: Privatization Announcement For Chemical Plant Oltchim To Be Published Monday
Energy

Vosganian: Privatization Announcement For Chemical Plant Oltchim To Be Published Monday

Romanian Economy Minister Varujan Vosganian said Thursday the privatization announcement for insolvent state-run chemical plant Oltchim Ramnicu Valcea would be published Monday, June 3.

Ecaterina Craciun · 30.05.2013 · 15:08 · 1 min
Romania May Need EU Approval For Payment Relief For Industrial Energy Consumers
Energy

Romania May Need EU Approval For Payment Relief For Industrial Energy Consumers

Romania’s Competition Council Thursday said the government might require authorization from the European Commission to implement a measure aimed at exempting industrial consumers from paying...

Florentina Dragu · 30.05.2013 · 14:45 · 1 min
EU: Romanian Power Exchange’s Practices Discriminatory Against Foreign Traders
Energy

EU: Romanian Power Exchange’s Practices Discriminatory Against Foreign Traders

The European Commission Thursday said a requirement of Romania’s power exchange OPCOM that spot market participants hold a Romanian value added tax registration is discriminatory against for...

Florentina Dragu · 30.05.2013 · 13:53 · 1 min
About 4,000 CE Oltenia Miners Protest Thursday Over Wage Cuts
Energy

About 4,000 CE Oltenia Miners Protest Thursday Over Wage Cuts

About 4,000 miners of Romanian state-owned energy producer Complexul Energetic Oltenia are protesting in Targu Jiu Thursday calling on general manager Laurentiu Ciurel to resign after he dec...

Ioana Tudor · 30.05.2013 · 13:37 · 1 min
Romania To Pay Damages To Bechtel From Budget Funds
Companies

Romania To Pay Damages To Bechtel From Budget Funds

Romania will use state budget funds to pay damages to U.S. constructor Bechtel upon termination of the contract to build the Transylvania Highway, Prime Minister Victor Ponta said Thursday.

Ecaterina Craciun · 30.05.2013 · 11:32 · 1 min