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Energy

OMV Petrom Filed Complaint With ECHR Against Romanian Courts

Romanian oil company OMV Petrom in January filed a complaint with the European Court of Human Rights against Romanian courts, and is involved in a number of cases that, excluding those again...

Radu Bostan · 07.07.2011 · 17:33 · 2 min
Energy

OMV Petrom To Pay Up To RON31,100 Per Laid Off Employee

Romanian oil company OMV Petrom (SNP.RO) will pay compensation between 18,360 lei (EUR4,400) and RON31,100 for employees laid off, according to the public offering prospectus written as the...

Andrei Cîrchelan · 07.07.2011 · 17:08 · 1 min
Social/Politics

Agriculture Ministry Sends New Reverse Taxation Proposition To Finance Ministry

The Romanian Agriculture Ministry has sent a proposition to apply reverse taxation on fruit and vegetables to the Finance Ministry, after Romania has already been permitted to implement this...

Ioana Tudor · 07.07.2011 · 16:34 · 1 min
Basescu, Boc Discussed Creating Ministry For EU Project Management - Sources
Social/Politics

Basescu, Boc Discussed Creating Ministry For EU Project Management - Sources

Romanian President Traian Basescu and Prime Minister Emil Boc on Thursday discussed creating a Ministry of European Affairs, to manage projects financed with European Union funds, led by UNP...

Alexandru Moise · 07.07.2011 · 16:08 · 1 min
Social/Politics

EU Ecolabel To Cost EUR200, No Yearly Fee

Romanian companies requesting a European Union Ecolabel, to promote their "green" products and services, will pay a one-time EUR200 per product as an application processing fee and will not...

Radu Bostan · 07.07.2011 · 13:57 · 1 min
Social/Politics

CNADNR Employees Picket Company HQ Over Collective Work Contract

About 400 employees with the Romanian public roads authority CNADNR are picketing the institution’s headquarters Thursday saying management refuses to apply a new collective work contract be...

Oana Gavrila · 07.07.2011 · 12:51 · 1 min
European Court Of Justice: Romania’s Pollution Tax On Cars Goes Against EU Law
Social/Politics

European Court Of Justice: Romania’s Pollution Tax On Cars Goes Against EU Law

Romania’s pollution tax on cars, including its amendments introduced in December 2009, is contrary to EU law, the Court of Justice of the European Union in Luxembourg decided Thursday, while...

Oana Gavrila · 07.07.2011 · 12:40 · 1 min
Social/Politics

Government Approves Act Introducing Extended Confiscation Of Wealth

Romania's Government has approved a bill introducing extended confiscation, an act that will be sent to the Parliament for adoption.

Radu Bostan · 06.07.2011 · 19:10 · 1 min
Social/Politics

EC May Publish Report On Romanian Justice System On July 18 - Sources

The European Commission’s report regarding Romania’s progress under the Mechanism for Cooperation and Verification (CVM) may be published on July 18, said diplomatic sources.

Tudor Ioana Raluca · 06.07.2011 · 18:40 · 1 min