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Romania Will Try To Postpone Energy Market Liberalization – President
Energy

Romania Will Try To Postpone Energy Market Liberalization – President

Romania will try to negotiate with the International Monetary Fund a later date to liberalize its energy market, President Traian Basescu told a news conference Sunday.

Oana Gavrila · 29.01.2012 · 18:25 · 1 min
Energy

Romania’s CNH To Cut Wages Of Top, Middle Management By 30%

Managers and chief engineers with Romanian state-owned coal mining company CNH will have their wages cut by 30% come February 1, the company and its union decided Saturday.

Oana Gavrila · 29.01.2012 · 15:49 · 1 min
Social/Politics

Bucharest City Hall To Pay EUR29M For Emergency Management System

Bucharest City Hall will pay the consortium of TeamNet International, UTI Systems, UTI Construction&Facility Management and Top Ram Project 126.8 million lei (VAT included, EUR29.2 million)...

Radu Bostan · 27.01.2012 · 18:19 · 1 min
Romania Lifts Bad Weather Alert For All Regions, Except Two Southeastern Counties
Social/Politics

Romania Lifts Bad Weather Alert For All Regions, Except Two Southeastern Counties

Romania has lifted the bad weather alert for heavy snowfall and blizzards in all regions, except for the southeastern counties of Tulcea and Constanta, which will remain under a yellow code...

Ioana Tudor · 27.01.2012 · 12:48 · 1 min
Government Pledges To Make State-run Companies More Transparent. Will It Keep Its Word?
Companies

Government Pledges To Make State-run Companies More Transparent. Will It Keep Its Word?

Board members at state-run companies will be chosen by independent human resources experts, the annual and six-month financial reports will be published on corporate websites, as will the sa...

Loredana Frățilă-Cristescu · 27.01.2012 · 00:14 · 3 min
Milcev, Ernst&Young: Tax Code Will Not Be Republished Within Next 2-3 Years
Social/Politics

Milcev, Ernst&Young: Tax Code Will Not Be Republished Within Next 2-3 Years

The republishing of the Tax Code, long awaited and expected for this year, will not take place within the next 2-3 years, believes Alex Milcev, Fiscal Assistance Partner at audit and consult...

Daniela Stoican · 27.01.2012 · 00:00 · 1 min
Government Suspends Car Tax To Reevaluate Social Impact, Losing RON570M
Automotive

Government Suspends Car Tax To Reevaluate Social Impact, Losing RON570M

Romania's Government will suspend the car pollution tax to "reevaluate" its social impact and will refund people who bought used cars since January 13, 2012 and paid the tax, although this w...

Radu Bostan · 26.01.2012 · 19:31 · 1 min
Companies

EU Urges Romania To Simplify Merger & Division Rules

The European Commission Thursday said Romania and four other states have failed to comply with their obligation to implement simplified rules on mergers and divisions and requested the five...

Florentina Dragu · 26.01.2012 · 17:58 · 1 min
Social/Politics

EC Notes Irregularities Regarding EUR110M Contract Awarded By Bucharest’s Sector 3 Authorities

The European Commission (EC) on Thursday called on Romania to observe EU norms on public procurement in connection with a EUR110 million contract awarded by Bucharest’s sector 3 City Hall.

Ioana Tudor · 26.01.2012 · 15:15 · 1 min