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Bode: Romania, IMF To Revisit List Of Companies Up For Privatization
Capital Market

Bode: Romania, IMF To Revisit List Of Companies Up For Privatization

Romania and the International Monetary Fund will hold a new round of talks regarding the state companies proposed for privatization or listing on the Bucharest Stock Exchange, Economy Minist...

Florentina Dragu · 06.04.2012 · 13:30 · 1 min
Gabriel Resources: Alba Iulia Court Ruling Doesn’t Affect Rosia Montana’s 2002 Zoning Plan
Social/Politics

Gabriel Resources: Alba Iulia Court Ruling Doesn’t Affect Rosia Montana’s 2002 Zoning Plan

Gabriel Resources, owner of Rosia Montana Gold Corporation, the company developing a mining project in Romania, considers that the ruling of the Alba Iulia Court of Appeals issued Thursday d...

Ioana Tudor · 06.04.2012 · 12:29 · 3 min
EU Funding Disaster: Only EUR194M Absorbed In Three Months, A Quarter Of Target
Social/Politics

EU Funding Disaster: Only EUR194M Absorbed In Three Months, A Quarter Of Target

In order to attract EUR3.5 billion targeted from the EU this year, Romania should have absorbed EUR875 million in 1Q, but it only managed to draw in EUR194 million.

Radu Bostan · 06.04.2012 · 00:00 · 2 min
Social/Politics

Counties With The Most New Jobs

Almost half the 9,300 jobs created last year as a result of new investment, both domestic and foreign, were recorded in five Romanian counties: Timis, Satu Mare, Prahova, Tulcea and Caras Se...

Radu Bostan · 06.04.2012 · 00:00 · 1 min
Romania Could Hike Gas, Energy Royalties Or Taxes - Sources
Energy

Romania Could Hike Gas, Energy Royalties Or Taxes - Sources

The Romanian authorities are contemplating raising oil and natural gas royalties or increasing the taxes levied on gas and power producers once the administered prices are deregulated, gover...

Florentina Dragu · 05.04.2012 · 20:25 · 1 min
Social/Politics

EU-Funded Projects That Can't Be Finished By 2015 Will Lose Financing – Minister

Romania's European Affairs Minister, Leonard Orban, said Thursday that authorities will evaluate the implementation of every project receiving European funds, and financing will be withdrawn...

Radu Bostan · 05.04.2012 · 17:03 · 1 min
Romanian PM Says Cupru Min Simply Unprofitable
Companies

Romanian PM Says Cupru Min Simply Unprofitable

Romanian Prime Minister Mihai Ungureanu Thursday said the government had to sell the copper producer Cupru Min because the company wasn’t profitable and turning it around would have entailed...

Florentina Dragu · 05.04.2012 · 16:08 · 2 min
President Signs Decree Releasing Environment Minister Laszlo Borbely
Social/Politics

President Signs Decree Releasing Environment Minister Laszlo Borbely

Romanian President Traian Basescu has signed the decree releasing Laszlo Borbely from the position of environment minister and the act through which Prime Minister Mihai Razvan Ungureanu tak...

Ioana Tudor · 05.04.2012 · 14:32 · 1 min
Ungureanu: Romania Keeps Taxation System Unchanged In 2012
Banks-Insurance

Ungureanu: Romania Keeps Taxation System Unchanged In 2012

Romanian Prime Minister Mihai Razvan Ungureanu said Thursday on public radio the Government will bring no changes to the current taxation system until the end of 2012.

Ecaterina Craciun · 05.04.2012 · 14:18 · 1 min