Social/Politics
Companies Under Economy Ministry’s Umbrella Privatized By 2016
Romanian Economy Minister Varujan Vosganian Thursday said he wants to privatize all companies in the ministry’s portfolio by the end of the government’s mandate in 2016, with the exception o...
IMF Cuts Romania’s Economic Growth Forecast To 1.6% From 2.5%
The International Monetary Fund (IMF) now expects economic growth of 1.6% for Romania in 2013, down from a 2.5% rise predicted in the autumn of 2012.
Strabag-Led Consortium Wins Auction To Build Scientific Research Center In Magurele
A consortium made up of Strabag (Austria) and ED Zublin (Germany) Wednesday won an auction to build scientific research center Extreme Light Infrastructure - Nuclear Physics (ELI-NP) in the...
Romanian, Czech And Swedish Investors Bid For 70% Of Available Transgaz Shares
Romanian, Czech and Swedish investors subscribed for 70% in the secondary public offering of Romania’s state-run natural gas transporter Transgaz (TGN.RO), the bookrunners on the deal said W...
Romanian Youths Overrate Their Skills, Demand More Money Than Employers Will Offer - Survey
Romanian students and young graduates in search of a job tend to overestimate their level of skill and their salary expectations are higher than both the minimum wage and what most employers...
Romania Forgoes Deadline For Euro Adoption - Sources
The new convergence program Romania’s government will send to the European Commission will not state a deadline for the euro adoption, people familiar with the matter told Mediafax Wednesday...
Hidroelectrica Expects Record Profit Of RON434M In 2013
Romanian state-run hydropower generator Hidroelectrica Wednesday reported a pretax profit of 144 million lei (EUR32.97 million) for the first quarter and said it expects a record full-year p...
CFR SA Has New General Manager
The new Managing Board of Romanian state-owned railway operator CFR SA Wednesday appointed George Micu, a former general manager of freight railway carrier CFR Marfa, to the position of gene...
Romanian Parliament Adopts Lawmakers’ Statute
Romania’s Parliament in plenary session Wednesday adopted the statute of MPs, amending a provision that had been ruled unconstitutional by the Constitutional Court.