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Media

Romanian Cinemas Earned RON111M From 6.5M Movie-goers In 2010

The 68 cinemas open in Romania earned around 111.6 million lei (EUR27 million) in 2010, over RON24.7 million more than in 2009, as the number of movie-goers increased by more than 1.22 milli...

Radu Bostan · 30.05.2011 · 14:46 · 1 min
Automotive

Romania To Apply Car Pollution Tax Upon First Sale

Romania’s ruling coalition decided to allow the Government to apply a pollution tax upon the first sale of cars brought to Romania before the enforcement of this new car tax system, people f...

Tudor Ioana Raluca · 30.05.2011 · 12:35 · 1 min
Social/Politics

Social Democrats And Liberals Plan To Revert To Progressive Taxation

The Social-Liberal Union (USL, made up of PSD and PNL) plans to boost the budget revenues from 32% of the gross domestic product at present to 38% of GDP by widening the taxation base, likel...

ZF English · 30.05.2011 · 08:27 · 2 min
Bourse Privatizations Lost Between Government Delays And Opposition's Neglect
Capital Market

Bourse Privatizations Lost Between Government Delays And Opposition's Neglect

The Social Liberal Union (USL), the leading opposition political force in Romania, on Friday presented its economic plan, which, however, does not include any reference to the stock exchange...

Mediafax Foto // Victor Ciupuliga · 30.05.2011 · 02:45 · 2 min
Automotive

Romania Risks EU Sanctions Unless It Refunds Car Tax - Experts

Romania risks sanctions from the European Union, from a potential infringement procedure, and a great number of suits brought on by car owners, unless the government urgently changes the car...

Radu Bostan · 29.05.2011 · 13:06 · 3 min
Social/Politics

Work Inspection: Over 280,000 New Labor Contracts Signed In May

The number of new labor contracts signed in Romanian between May 1 and May 26 hit 285,886, bringing the total to 6,298,877, the Work Inspection said Friday.

Tudor Ioana Raluca · 27.05.2011 · 17:43 · 1 min
Posta Romana Restructuring To Affect 2,000 Employees
Social/Politics

Posta Romana Restructuring To Affect 2,000 Employees

Restructuring the Romanian postal service will affect around 2,000 employees, or 6% of the total staff, some of whom will be laid off, company president Daniel Neagoe told MEDIAFAX.

Radu Bostan · 27.05.2011 · 17:15 · 1 min
Banks-Insurance

Private Pension Funds' Net Assets Seen At 1.35% of GDP By Yearend

The net assets of Romania’s private pension funds will reach 1.35% of the gross domestic product by the end of the year, from 0.96% at the end of March 2011, according to estimations of pens...

Tudor Ioana Raluca · 27.05.2011 · 16:00 · 1 min
Social/Politics

Romania Allots RON15M In Non-Reimbursable Funds For Environment Protection Surveys

The Romanian Government decided to allot over 15 million lei (about EUR3.6 million) in non-reimbursable funds this year for environment and water protection studies, as well as for surveys r...

Tudor Ioana Raluca · 27.05.2011 · 15:27 · 1 min