Social/Politics
Oltchim Employees To Protest Outside Government HQ Tuesday
About 1,000 employees of insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) will hold a protest rally outside the Government building in Bucharest Tuesday, requiring an urgent meeting...
Budget For Romania’s Roads And Highways 5% Lower Than 2012 Spending
The company in charge of Romania’s highways and national roads, CNADNR, will get 5.8 billion lei (EUR1.3 billion) budget this year, down 27% on the allocation in early 2012 and 5% less than...
EU Denies Romania New Extension On Reverse Taxation System On Cereal
The European Commission has rejected Romania’s request to continue applying a reverse taxation system on cereal beyond June 1 this year, saying the procedure must not be used systematically...
Romania Takes Steps To Enrich CFR Marfa Ahead Of Sale Through Debt-For-Stock Swap
Romanian state-owned freight railway carrier CFR Marfa will take over a 606 million lei (EUR137 million) debt CFR Infrastructura has to the state budget in exchange for writing off a part of...
Over 300 Employees Of Oltchim’s Bradu Petrochemical Unit Protest Over Unpaid Wages
Over 300 employees of Romanian state-owned chemical plant Oltchim's petrochemical division in Bradu are protesting Friday over unpaid wages and recently announced collective layoffs.
Daniel Morar Resigns From General Prosecution Office
Romania’s former chief anticorruption prosecutor Daniel Morar announced Friday he is resigning his position as deputy to the general prosecutor, saying he has no personal interest in the app...
INS: Romanian Industrial Sales Up 9.5% On Month In February
Romanian industrial sales rose 9.5% in February from a month earlier, helped by higher demand in the manufacturing industry, the country’s statistics institute INS said Friday.
Romania's Power Output Down 7.1% On Year In First Two Months
Romanian energy output fell 7.1% on the year to 3.56 million tons of oil equivalent in the first two months, hit by falling production in the thermal and nuclear power sectors, official data...
Industrial New Orders Up 5.2% On Month In February
Romanian industrial new orders rose 5.2% on the month in February, fueled by growth in most sectors, the statistics institute INS said Friday.