Social/Politics
Generic Drug Producers Deem New Clawback Tax Still Unfair
The Association of Romanian Producers of Generic Drugs (APMGR) rejects the new clawback tax approved by the Government Thursday, arguing that authorities continue to ignore the propositions...
Oltchim Drops Plan To Put Employees On Furlough
The management board of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) on Friday decided to abandon its plan to put 506 employees on furlough for a month, the company said in a stat...
Oltchim's Decision To Put Over 500 Employees On Furlough Sparks Protests
Some 250 employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) protested in Pitesti Friday over the company’s decision to put 506 employees on furlough between August 27 and S...
Romania 2011 Census Preliminary Results: 99.1% Of Stable Population Lives In Private Homes
Romania's national census recorded almost 7.1 million homes and found that 99.1% of the stable population lives in private residences, and 0.9% lives in student dorms, nursing homes, child p...
Romania 2011 Census Preliminary Results Reveal Stable Population Of 19,043,767 People
Romania's stable population is 19,043,767 people, including both Romanian and foreign citizens with domicile or residence in Romania, according to the preliminary results of the 2011 populat...
Government Cuts Investments To Boost Social Spending In Budget Revision
The government increased personnel spending by 1.1 billion lei (EUR0.25 billion) in the budget revision but cut investment expenses financed by the budget and European funds by RON2 billion.
Romania’s Development Ministry Budget Cut By RON223M, Priority Projects Not Affected
Romania’s Ministry of Regional Development said in a press statement Friday that its budget was cut by 223 million lei (EUR49.6 million), down to RON1.979 billion, following the budget revis...
Grain Exports Through Constanta Port Double In Full Drought: 3.6M Tons In Seven Months
Exports of wheat, corn and barley made through the port of Constanta, the leading hub through which Romania sends grains abroad, reached 3.6 million tons after the first seven months of the...
Oltchim To Be Privatized Through Sale Of State's Stake And Debts
Romania's Government has changed the privatization strategy for chemical producer Oltchim to a combined sale of the state's stake of 54.6% and the receivables held by privatization authority...