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Energy Investments Are Stuck Because Romanian State Does Not See Sector As Priority - Report
Energy

Energy Investments Are Stuck Because Romanian State Does Not See Sector As Priority - Report

Private investment into energy production is in deadlock in Romania because reforms in this sector ceased in 2004 and the Government does not consider energy an essential infrastructure comp...

Radu Bostan · 18.06.2012 · 14:44 · 1 min
Romania To Increase By 30,000 Number Of Vouchers For Clunkers Program
Automotive

Romania To Increase By 30,000 Number Of Vouchers For Clunkers Program

Romanian Environment Minister Rovana Plumb said Monday the number of scrappage voucher granted for the current edition of the cash-for-clunkers program will be increased by 15,000 by the end...

Ioana Tudor · 18.06.2012 · 13:30 · 1 min
Hidroelectrica Asks For Start Of Insolvency Proceedings
Energy

Hidroelectrica Asks For Start Of Insolvency Proceedings

Romanian hydropower producer Hidroelectrica asked the Bucharest court for the start of the insolvency proceedings, and a first hearing was scheduled for Wednesday.

Bogdan Neagu · 18.06.2012 · 13:19 · 1 min
Unconventional Gas May Cover Romania’s Need Of Russian Gas - Romgaz Official
Energy

Unconventional Gas May Cover Romania’s Need Of Russian Gas - Romgaz Official

Unconventional gas, including shale gas, may relieve Romania of its dependence on Russian gas imports, which currently covers some 20-30% of national consumption, Monday said Radu Gheorghe,...

Ioana Tudor · 18.06.2012 · 12:23 · 1 min
Romania Swept By Heat Wave This Week
Social/Politics

Romania Swept By Heat Wave This Week

Meteorologists warned Romania will be swept by a heat wave this week and temperatures will climb to 35-36 degrees Celsius Tuesday through Friday.

Oana Gavrila · 18.06.2012 · 11:42 · 1 min
Social/Politics

Termoelectrica To Lay Off 500 Staff

Romania's Government has approved a program of collective layoffs for 500 employees of power producer Termoelectrica, with the first stage, during which 200 staff will be sacked, to begin in...

Radu Bostan · 15.06.2012 · 20:34 · 1 min
Norway Removes Labor Market Restrictions For Romanians
Social/Politics

Norway Removes Labor Market Restrictions For Romanians

The Norwegian Government on Friday decided to lift the barriers to the labor market for Romanian citizens, the Romanian Foreign Ministry informs.

Radu Bostan · 15.06.2012 · 16:04 · 1 min
Democratic Liberal Party Leadership Resigns
Social/Politics

Democratic Liberal Party Leadership Resigns

Romanian Democratic Liberal Party (PDL) president Emil Boc and the rest of the party's leadership resigned Thursday, and a meeting will be held Sunday to prepare an extraordinary national pa...

Radu Bostan · 14.06.2012 · 21:03 · 1 min
Romanian Producers Not Allowed To Sell Electricity Outside Competitive Market
Energy

Romanian Producers Not Allowed To Sell Electricity Outside Competitive Market

Romanian energy producers will be compelled to trade all available electricity on a competitive market, according to the country’s new energy Law adopted Thursday.

Florentina Dragu · 14.06.2012 · 17:55 · 1 min