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Top-20 Largest Employers Count Four Times More Layoffs Than Hires In 2011
Analysis

Top-20 Largest Employers Count Four Times More Layoffs Than Hires In 2011

The top-20 largest employers in Romania have counted a total of 23,000 layoffs and only 6,000 new hires in 2011, according to the data extracted from the Trade Registry and Finance Ministry.

Manuela Panescu · 03.07.2012 · 13:45 · 1 min
Social/Politics

Parliament Legal Committees Endorse Ombudsman Dismissal

The Romanian Parliament’s committees for legal matters on Tuesday endorsed the governing Social Liberal Union’s request to dismiss the country’s ombudsman, Gheorghe Iancu.

Oana Gavrila · 03.07.2012 · 13:03 · 1 min
High Temperatures Expected In Romania Tuesday Through Friday
Social/Politics

High Temperatures Expected In Romania Tuesday Through Friday

Romanian meteorologists have issued an orange code warning expecting temperatures of up to 39 degrees Celsius in western Romania from Tuesday until Friday.

Ioana Tudor · 03.07.2012 · 11:37 · 1 min
Average Net Wage In BNR Three Times Higher Than Romania's Average Salary
Banks-Insurance

Average Net Wage In BNR Three Times Higher Than Romania's Average Salary

The average monthly net salary in Romania's central bank, or BNR, was around 5,000 lei (EUR1,180), higher than the average gain in commercial banks and three times higher than the net wage i...

Radu Bostan · 03.07.2012 · 00:00 · 1 min
Farming Output Will Breathe Life Into The Economy In 2012 As Well
Macroeconomics

Farming Output Will Breathe Life Into The Economy In 2012 As Well

This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go...

Radu Bostan · 03.07.2012 · 00:00 · 4 min
ANCOM Launches Mobile License Tender
Technology &Telecoms

ANCOM Launches Mobile License Tender

Companies looking to take part in Romania's mobile license sale must file their documents by August 13, with the auction to begin on September 10.

Radu Bostan · 02.07.2012 · 17:04 · 2 min
Social/Politics

Romania And Croatia Keen On Strengthening Economic Ties

Romanian President Traian Basescu and his Croatian counterpart Ivo Josipovic on Monday decided the Romanian and Croatian Governments will strive to strengthen the economic ties between the t...

Ecaterina Craciun · 02.07.2012 · 15:47 · 1 min
Health Insurance Houses To Be Able To Reorganize As Mutuals - Minister
Health

Health Insurance Houses To Be Able To Reorganize As Mutuals - Minister

Romania’s new healthcare bill allows county health insurance houses to reorganize as mutual health insurance organizations, Health Minister Vasile Cepoi said Monday.

Ioana Tudor · 02.07.2012 · 14:48 · 1 min
New Healthcare Bill Has Two Service Packages, More Under Discussion
Health

New Healthcare Bill Has Two Service Packages, More Under Discussion

Romania's new healthcare bill provides two service packages – a basic and a social service package, with two more proposals currently being discussed, Health Minister Vasile Cepoi said Monda...

Radu Bostan · 02.07.2012 · 14:12 · 1 min