Social/Politics
EBRD Lends RON33M To Romania’s City Of Medias For Infrastructure Upgrades
The European Bank for Reconstruction and Development will extend a 33 million lei (EUR7.85 million) loan to Romanian central city of Medias to finance urban infrastructure upgrades, the bank...
Vreme Calls For State Aid Scheme Backing IT&C Industry Following Nokia Shutdown Plan
Romanian Communications Minister Valerian Vreme called for the urgent application of a state aid scheme backing IT&C investments Thursday, after Finnish mobile giant Nokia announced it is sh...
Nokia To Shut Down Romanian Manufacturing Line By Year-End, 2,200 Jobs Cut
Finnish mobile phone maker Nokia on Thursday announced it will shut down the Romanian Jucu plant, within a broader strategy meant to restore competitive edge.
Policeman, Former Mayor, Leasing Company Manager And Electronics Engineer To Watch Over Insurance Market
The insurance market will be regulated by people who have barely had anything to do with this industry so far, which means politicians had the final say in the appointment of the new managem...
Government Approves New Contract With Bechtel For Transylvania Highway
Romania's Government has approved the new contract with U.S. company Bechtel for the construction of the Transylvania Highway, which reduces the cost of the project to EUR6.9 million per km...
Gyms To Require Authorization From Anti-Doping Agency
Romanian gym owners will be required to obtain a certificate from the National Anti-doping Agency, valid for three years, through an application that must be filed within six months, accordi...
Cadastre Agency Put Under Development Ministry Authority
Romania's National Agency for Cadastre and Land Registration (ANCPI) has been transferred under the authority of the Ministry of Regional Development and Tourism, from under the Ministry of...
Government Will Guarantee, Subsidize Loans For Work On Building Envelopes
Work on a residential building's envelope in Romania will be financed 10% by the beneficiary and 90% through bank loans, with government guarantees and subsidized interest.
Boc To Coordinate Center For Foreign Investments Support
Romanian Prime Minister Emil Boc told ministers Wednesday he will take over the coordination of the center aimed to promote commerce and foreign investments.