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MPs In Hurry To Appoint Heads Of Financial Market Regulators
Social/Politics

MPs In Hurry To Appoint Heads Of Financial Market Regulators

Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), a...

Radu Bostan · 27.03.2012 · 00:00 · 1 min
Canadian Mystery Buyer Wins Cupru Min Auction With EUR200 Mln Offer
Companies

Canadian Mystery Buyer Wins Cupru Min Auction With EUR200 Mln Offer

Canada-registered Roman Copper Corp, a company about which there is no data available, won the auction for Cupru Min, which holds 60% of Romania’s copper reserves. The Canadian company bid E...

Radu Bostan · 27.03.2012 · 00:00 · 2 min
Social/Politics

Basescu: Goal Of Nuke-Free World Must Be Correlated With NATO Nuclear Policy

Romania believes that moving towards the goal of a world free of nuclear weapons must be correlated with NATO's nuclear policy, President Traian Basescu said Monday in the first session of t...

Radu Bostan · 26.03.2012 · 18:46 · 1 min
Parliament Committees Endorse MP Marian Sarbu For CSSPP Head
Social/Politics

Parliament Committees Endorse MP Marian Sarbu For CSSPP Head

The Romanian Parliament’s special committees on Monday unanimously endorsed MP Marian Sarbu for the position of president of private pension regulator CSSPP.

Ioana Tudor · 26.03.2012 · 17:56 · 1 min
Romania To Resume Government-Owned Property Auctions
Real Estate

Romania To Resume Government-Owned Property Auctions

The Romanian authority that administers government real estate properties, or RA-APPS, will resume procedures to auction off the assets that have not been sold in a first stage, Attila Dezsi...

Ioana Tudor · 26.03.2012 · 17:36 · 1 min
Social/Politics

Antifraud Department In 2011 Found Problems With EU-Funded Projects Worth EUR30M

Romania's Antifraud Department (DLAF) in 2011 found problems and cases of fraud in EU-funded projects worth almost EUR30 million, ten times more than the amount requested back from beneficia...

Radu Bostan · 26.03.2012 · 16:13 · 1 min
Social/Politics

Romania To Increase Local Taxes By 16% Next Year – Draft

Local taxes in Romania will be raised next year by 16.05%, the cumulated rate of inflation for 2010-2012, says a draft decision by the Finance Ministry.

Radu Bostan · 26.03.2012 · 15:36 · 1 min
Canada's Roman Copper Corp. Offers EUR200.7M To Buy Cupru Min
Companies

Canada's Roman Copper Corp. Offers EUR200.7M To Buy Cupru Min

Canadian-based Roman Copper Corp. won an outcry auction for the purchase of Romanian state-run copper producer Cupru Min Abrud at a price of EUR200.77 million, the Economy Ministry said Mond...

Florentina Dragu · 26.03.2012 · 15:33 · 1 min
Companies

Bulgarian Firm Ousted From Cupru Min Purchase Auction

Bulgarian Ellatzite Med Ad was disqualified from the auction to buy Romanian copper mining firm Cupru Min, which leaves Australian OZ Minerals, Canadian Roman Copper Corp. and Dutch Dundee H...

Andrei Cîrchelan · 26.03.2012 · 13:51 · 1 min