Social/Politics
Posta Romana's Privatization More Likely To Be Completed By End-Year – Minister
The privatization of Romania's postal company will be completed at the end of this year or in the first months of 2013, not in June 2012, as initially agreed with the IMF, which is an unreal...
Some 4,400 Romanian Firms Went Insolvent In 1Q, Down 13% On Year
The number of companies going insolvent in the first three months in Romania dropped by 13% to 4,414, from 5,082 in the same period of 2011, according to Trade Registry data.
IMF Team To Visit Romania April 24-May 7
A delegation of the International Monetary Fund will visit Romania between April 24 and May 7 for the fifth review of a EUR3.5 billion precautionary agreement signed last spring.
BNR: Romania FDI Falls To EUR253M In First Two Months
Romanian foreign direct investment, or FDI, fell to EUR253 million in the first two months of 2012 from EUR325 million in the same month a year before, the central bank said Thursday.
Monsanto Plans To Invest EUR40M In Romania
US agricultural seeds producer Monsanto, a giant with $11 billion (EUR8.4 billion) in turnover worldwide and one of the world’s most controversial companies, will invest $50 million (around...
Labor Minister: Romania’s Administrative Reorganization Is Key To Development Using EU Funds
Labor Minister Claudia Boghicevici on Wednesday said Romania’s administrative reorganization is the key for the country’s successful development by means of European Union funding.
Government To Provide RON7.45M Compensation For Potato Crops Damaged In 2010
Romania's Government has allotted 7.45 million lei (EUR1.7 million) to compensate potato farmers whose crops were damaged by pathogens two years ago.
Romania Increases Subsidies For Poultry And Pig Welfare By RON66M
Romania's Government has increased the value of state subsidies this year for poultry and pig welfare by 66.48 million lei (EUR15.19 million), the Agriculture Ministry announced Wednesday.
Government Caps Compensation To Former Owners Of Nationalized Property
Compensation to people whose property was abusively seized during the communist regime will be caped at 15% of the value of the property and will be paid in tranches in the next ten to twelv...