Social/Politics
Businessman Elan Schwartzenberg Confirms Realitatea TV Takeover
Businessman Elan Schwartzenberg on Saturday confirmed he has taken over a 92% stake in TV station Realitatea TV owned by Sorin Ovidiu Vintu, who is currently under arrest on charges of black...
About 20,000 Tourists Spend May 1 Weekend On Romanian Black Sea Coast
About 20,000 tourists are spending the May 1 weekend, which marks the opening of the summer season, on the Romanian Black Sea coast, according to estimations of the country’s tour operators’...
CFR's Bucharest Unit Manager Sacked
The head of the Bucharest division of state-owned railway company CFR, Gavrila Manaila, has been sacked Saturday for defective management, the company said in a statement.
Boc Says Layoffs Aren't Core Of State Companies' Restructuring
Romanian state-owned companies will be restructured according to cost-benefit analyses, not a specific number of employees to be laid off, said acting Labor Minister Emil Boc on Friday, afte...
Union Leader: At Least 30,000 Job Cuts In Romanian State Companies
Romanian National Union Bloc (BNS) president Dumitru Costin on Friday said that IMF officials have stated the main topic on the agenda of their talks with the local authorities is the restru...
Managers Of State-Owned Companies Forced To Meet Regular Performance Criteria
Romanian autonomous administrations and state companies will be required to inform the Finance Ministry about their financial indicators, monthly or quarterly, while managers will be fined o...
Government Adopts National Reform Program For 2011-2013
Romania's Government has adopted the National Reform Program for 2011-2013, a document comprising economic recovery and employment measures, and which transposes the objectives of the Europe...
Government Bans State Companies From Buying Cars, Furniture
Romania's Government has decided to restrict the purchase of cars and furniture by autonomous administrations and state companies, as well as public institutions, people close to the matter...
Graft-Indicted Romanian Senator Catalin Voicu Remains In Custody
Romanian social democrat senator Catalin Voicu, awaiting trial for corruption, will remain under preventive arrest, a panel of five judges of the Romanian Supreme Court ruled Friday.