Social/Politics
Nokia’s Departure Marks Exit From Romanian Market Of Largest Temporary Workforce Employer
The departure of Finnish mobile company Nokia marks the exit from the Romanian market of the largest employer of temporary workforce.
First Year Of Finance Minister Ialomitianu’s Term
Georghe Ialomitianu, 52, who has been Finance minister for a year, has remained a low-profile figure on the economic and political scene, but his name has been thrown around whenever a possi...
Opposition's Motion On Heating Aid Fails To Pass In Senate
The Romanian opposition's motion against the changes to the heating aid system failed to receive the necessary number of votes Monday in the Senate.
Senate Approves 2012 Draft Budget Of RON107M
The Romanian Senate on Monday approved its next year’s draft budget, which is 20 million lei (about EUR4.62 million) higher than the sum proposed by the Government.
Nacu, EI: Romania Should Provide More Support For Local Entrepreneurs
The government should support Romanian entrepreneurs just as much as multinational corporations, which are opportunistic and move their facilities to other countries at the first sign of unc...
Excise Duties To Be Computed Against RON4.3 To The Euro In 2012
Romania's excise duties will be computed, next year, using an exchange rate of 4.3001 lei to the euro, as published Monday by the European Central Bank (ECB), a reference 0.8% higher than th...
Tourists Refunded In 15 Days In Case Of Tour Operator Bankruptcy - Bill
Romanian tourism association ANAT will propose a bill whereby tourists must be refunded within 15 days in case of the tour operator's bankruptcy.
Democrat Liberals Want Romania’s Administrative Reorganization Plan Completed By End-November
The Romanian ruling Democratic Liberal Party’s National Standing Office should complete the project regarding the country’s administrative and territorial reorganization by the end of Novemb...
Oltchim Maintains Furlough For 1,000 Employees
Some 1,000 employees of Romanian chemical plant Oltchim (OLT.RO) will be kept on furlough in October, for the third month in a row, because of raw material and working capital shortages, the...