Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023
Law Firm: Placing Online Bets On Illegal Sites Punishable By Prison In Romania
Technology &Telecoms

Law Firm: Placing Online Bets On Illegal Sites Punishable By Prison In Romania

Gaming fans who use online gambling sites that are not authorized in Romania may be sentenced to six months to two years in prison, Tuesday said Cristian Costea, partner of law firm Bostina&...

Ioana Tudor · 11.10.2011 · 13:31 · 1 min
ANAF: Tobacco Excise Revenue Up 38% On Year, To EUR1.27B In First Nine Months
Retail&Consumer

ANAF: Tobacco Excise Revenue Up 38% On Year, To EUR1.27B In First Nine Months

Romania collected revenues of EUR1.27 billion from tobacco excises in the first nine months of the year, up 38% compared to the same period last years, Sorin Blejnar, head of the tax authori...

Oana Gavrila · 11.10.2011 · 13:23 · 1 min
Inefficient Administration Causes Romania EUR1.3 Billion Losses Every Month
Social/Politics

Inefficient Administration Causes Romania EUR1.3 Billion Losses Every Month

The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it sh...

Roxana Petrescu · 11.10.2011 · 00:00 · 1 min
Ialomitianu: Romania Wants To Restructure State-Owned Companies, Not Sack Employees
Social/Politics

Ialomitianu: Romania Wants To Restructure State-Owned Companies, Not Sack Employees

Restructuring Romanian state-owned companies might also entail staff cuts, but authorities’ main purpose is to render companies profitable, not lay off employees, Finance Minister Gheorghe I...

Ioana Tudor · 10.10.2011 · 17:34 · 1 min
Social/Politics

Union Leader Says Laid Off Nokia Employees In Romania Will Get Severance Payments

Union leaders at Nokia’s Romanian production unit said laid off employees will get severance packages, even though these are not stipulated in their collective work contract.

Oana Gavrila · 10.10.2011 · 13:09 · 1 min
Social/Politics

Basescu: Romania Never Received Security Guarantees, Must Ensure It In Partnership With Allies

The antimissile shield elements the United States will set up in Romania have a defensive purpose, and any speculations on this matter or any attempts to cast doubt on Romania’s goodwill sho...

Ioana Tudor · 10.10.2011 · 13:06 · 1 min
Social/Politics

Romania Maintains KFOR Participation, President Says

Romania will continue to participate in the NATO Kosovo Force (KFOR), Romanian President Traian Basescu said Monday during the NATO Parliamentary Assembly in Bucharest.

Oana Gavrila · 10.10.2011 · 10:37 · 1 min
Tax Authority To Write Off Contributors’ Penalties If They Pay Debts By Yearend
Social/Politics

Tax Authority To Write Off Contributors’ Penalties If They Pay Debts By Yearend

Romanian fiscal authority ANAF will write off individuals’ and companies’ debt penalties if they pay off debts and interest on overdue taxes by the end of the year, according to a Finance Mi...

Ioana Tudor · 09.10.2011 · 19:20 · 1 min
Funeriu: Romania To Finance Private Pre-Tertiary Education Starting 2012
Social/Politics

Funeriu: Romania To Finance Private Pre-Tertiary Education Starting 2012

Romania will ensure financing for private primary and secondary education starting next year, Education Minister Daniel Funeriu said Sunday on private television Pro TV.

Ioana Tudor · 09.10.2011 · 12:42 · 1 min