Social/Politics
Hidroelectrica May Get Fined If Energy Deal Inquiry Proves It Breached Law
Romania’s Competition Council and the European Commission (EC) will complete separate inquiries into state-owned hydropower producer Hidroelectrica’s bilateral energy deals in the second hal...
Romania Seeks ECHR’s Approval To Extend Deadline For Adoption Of Nationalized Property Bill
Romanian Primer Minister Victor Ponta said the Government will ask for the approval of the European Court of Human Rights (ECHR) to extend by three weeks the deadline for the adoption of the...
Some 5,000 Workers At Dacia Mioveni Stage Spontaneous Protest
Over 5,000 employees of carmaker Dacia’s plant in Mioveni, southern Romania, have ceased work Wednesday morning displeased that their wage demands have not been included in the new collectiv...
Ponta Says 2015 No Longer A Credible Target For Romania’s Euro Adoption
Prime Minister Victor Ponta said the year 2015 is no longer a credible target for Romania’s joining the eurozone, adding the country's euro adoption process might be finalized sometime near...
Rompetrol Worried About Cheaper Oil From Serbia - Economy Ministry
Romania’s second-biggest oil group Rompetrol has expressed concern over potential cheap oil imports from Serbia after the latter has signed a trade agreement with the European Union, the Eco...
Parliament Rejects Lustration Law
The Romanian Chamber of Deputies Tuesday rejected the lustration law after the Constitutional Court overruled it in March last year.
Transgaz May Cover Up To 20% Of Nabucco Pipeline Costs
Romanian state-run natural gas transmission system operator Transgaz (TGN.RO) could finance between 7% and 20% of the upcoming Nabucco West international pipeline project, the company said i...
Stake Of New Property Restitution Law: EUR11B Worth Of Land And Forests
Land owned by research institutes and half of Romania’s forests worth about EUR11 billion euros together are the huge stake of the new property restitution law.
Economy Ministry To Transfer Control Of Transelectrica, Transgaz To Finance Ministry - Draft
Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Min...