Social/Politics
Bucharest Court Of Appeals Cancels Clawback Tax Payment Claim Against Johnson&Johnson
The Bucharest Court of Appeals cancelled a payment notification issued by the National Health Insurance House (CNAS) whereby pharmaceutical company Johnson&Johnson Romania had to pay clawbac...
Former Defense Minister Under Investigation For Corruption
Romania’s anticorruption prosecution office announced Tuesday it is investigating former defense minister Corneliu Dobritoiu for abuse of office.
CFR Shareholders Appoint New Managing Board
The shareholders of Romanian state-owned railway operator CFR SA Monday appointed a new Managing Board, which includes Sorin Mindrutescu (Oracle Romania CEO), Peter Weiss (former head of Ban...
Posta Romana To Cut Employee Numbers And Wages
Romania’s state-owned postal service operator Posta Romana will lower its staff numbers and employees’ wages, following a slump in activity both domestically and internationally, the company...
CE Oltenia Broker Selection Yields Just One Bid - Sources
Romania’s Economy Ministry has received only one offer from brokerage houses for the upcoming listing of a 12% stake in state-run energy holding CE Oltenia, market participants told Mediafax...
Romania To Receive EUR7.2B For EU-Funded Rural Development Program In 2014-2020
Romania will receive some EUR7.2 billion through the EU-financed National Program for Rural Development for the interval 2014-2020, down from EUR8.1 billion in 2007-2013, Agriculture Ministe...
Romanian President Signs Decree Appointing New Justice Minister
Romanian President Traian Basescu on Monday signed the decree appointing Robert Cazanciuc to the position of minister of justice, the president’s office said in a statement.
BNR: Romania FDI Down To EUR163M In January-February
Romanian foreign direct investment, or FDI, fell to EUR163 million in the first two months, from EUR192 million in the year-earlier period, the central bank said Monday.
Romania Runs EUR327M Current Account Surplus In First Two Months
Romania's current account balance posted a surplus of EUR327 million in the first two months, versus deficit in the same period of 2012, helped by a surplus in the services segment and lower...