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Social/Politics

Romanian Revolutionaries Stage Protest In Downtown Bucharest

Over 300 Romanian revolutionaries are protesting in the University Square in capital Bucharest, calling on the Government to resign and demanding early elections.

Ioana Tudor · 07.12.2011 · 14:37 · 1 min
Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
Macroeconomics

Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List

Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the c...

Florentina Dragu · 07.12.2011 · 14:05 · 1 min
Ariton: State-owned Turceni, SNLO To Lay Off 500 People By Yearend
Energy

Ariton: State-owned Turceni, SNLO To Lay Off 500 People By Yearend

Romanian Economy Minister Ion Ariton on Wednesday said a total 500 employees will be laid off, by December 31, from thermal power producer Turceni and mining company SNLO.

Andrei Cîrchelan · 07.12.2011 · 13:38 · 1 min
Romania To Hike Gas Prices For Companies By 5% Come Jan 2012
Energy

Romania To Hike Gas Prices For Companies By 5% Come Jan 2012

The price of natural gas for industrial consumers will grow by another 5% starting January 2012, under an agreement concluded between the Government and the International Monetary Fund.

Andrei Cîrchelan · 07.12.2011 · 13:19 · 1 min
Real Estate

Romania Mulls Setting Up Real Estate Firm To Manage Assets Of Transport Companies

Romania’s Government is considering setting up a special real estate company to manage all properties of state-owned transport companies, hoping to improve their revenue generation and insta...

Oana Gavrila · 07.12.2011 · 13:15 · 1 min
Social/Politics

Parliament Committees Adopt Articles Of Draft State Budget Law For 2012

The Romanian Parliament’s committees for budget and finance on Tuesday adopted the articles of the draft 2012 state budget law in the format put forward by the Government.

Ioana Tudor · 06.12.2011 · 21:20 · 1 min
Social/Politics

Employers To Receive RON300 Monthly For Each Apprentice They Train

Employers will receive 300 lei (EUR69) monthly for each apprentice hired for a period of maximum three years, according to a decision approved by the Romanian Government Tuesday.

Ioana Tudor · 06.12.2011 · 21:01 · 1 min
Social/Politics

Romania’s EU Structural Fund Absorption Rate Stood At 3.72% In End-November

Romania’s structural and cohesion fund absorption rate stood at 3.72% at the end of November, according to data published Tuesday by the Romanian Ministry for European Affairs.

Ioana Tudor · 06.12.2011 · 19:57 · 2 min
Social/Politics

Professional Fishers To Sell Catch In Wholesale Market

Professional fishers and associations of fishers in the Danube Delta and the Black Sea regions will sell fish in a wholesale market to be built in Tulcea, southeastern Romania, according to...

Ioana Tudor · 06.12.2011 · 18:52 · 1 min