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Employees At ArcelorMittal Tubular Products Galati End 15-Day Strike, To Resume Work April 17
Social/Politics

Employees At ArcelorMittal Tubular Products Galati End 15-Day Strike, To Resume Work April 17

The 182 workers of Romanian steel pipes maker ArcelorMittal Tubular Products Galati ended the full-blown strike set off on March 29 after they signed the 2012 collective labor contract and w...

Ecaterina Craciun · 13.04.2012 · 16:08 · 1 min
Eldorado Gold Sets 2015 Start Date For Romania Gold Mine
Companies

Eldorado Gold Sets 2015 Start Date For Romania Gold Mine

Canadian Eldorado Gold plans to mine four tons of gold per year in Romania, starting 2015, namely an output worth $160 million per year, calculated on the average price considered in the ree...

Andrei Cîrchelan · 13.04.2012 · 14:17 · 1 min
EU Funds Sit In Brussels’ Vaults And Treasury Pays For EU-Funded Projects Instead
Social/Politics

EU Funds Sit In Brussels’ Vaults And Treasury Pays For EU-Funded Projects Instead

The Finance Ministry will request the government to allocate 2.4 billion lei (EUR550 million) for loans to the EU fund management authorities in the second quarter, after such loans from the...

Neagu Bogdan Mircea · 13.04.2012 · 12:45 · 3 min
Romania Would Need EUR16B To Compensate Owners Of Nationalized Properties In Cash
Social/Politics

Romania Would Need EUR16B To Compensate Owners Of Nationalized Properties In Cash

Romania would need to spend 70 billion lei (EUR16 billion) on financial compensation for the owners of properties nationalized by the former communist regime; more than half this amount woul...

Radu Bostan · 12.04.2012 · 20:45 · 1 min
NNDKP Partner Dragos Doros To Be Appointed State Secretary In Finance Ministry
Social/Politics

NNDKP Partner Dragos Doros To Be Appointed State Secretary In Finance Ministry

Dragos Doros, formerly director within Romania's Finance Ministry and currently partner in the tax department of law firm Nestor Nestor Diculescu Kingston Petersen, returns to the Finance Mi...

Radu Bostan · 12.04.2012 · 18:21 · 1 min
Social/Politics

Romanian Farmers Should Form Cooperatives – Minister

Romanian farmers should pool their resources and form cooperatives, bringing back to the agricultural sector part of the population that left to work abroad, said minister Stelian Fuia.

Radu Bostan · 12.04.2012 · 18:20 · 1 min
Technology &Telecoms

Mustea: Posta Romana Sacked 511 Workers In 2012, Has No Layoff Plans Until Yearend

Romania’s postal company laid off 511 employees in 2012 and plans no collective layoffs for the rest of the year, Communications Minister Razvan Mustea told a news conference Thursday.

Ioana Tudor · 12.04.2012 · 18:11 · 1 min
Agriculture Minister Says Insurers Should Become More Flexible In Relation With Farmers
Social/Politics

Agriculture Minister Says Insurers Should Become More Flexible In Relation With Farmers

Romanian Agriculture Minister Stelian Fuia on Thursday said insurers should become more flexible in their relation with farmers and discard several absurd rules.

Ecaterina Craciun · 12.04.2012 · 16:35 · 1 min
Social/Politics

Romanian Farmers Are On Their Knees Before Foreign Banks – Minister

Romanian farmers and local communities are on their knees before foreign banks, so the agricultural sector needs a farmers' bank, minister Stelian Fuia told MEDIAFAX on Thursday.

Radu Bostan · 12.04.2012 · 15:44 · 1 min