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Social/Politics

Romanian Media Owner Sorin Ovidiu Vintu Arrested For Blackmail

Romanian businessman Sorin Ovidiu Vintu and his employee, Ion Ilie Cezar, accused of blackmailing the manager of TV station Realitatea Media, Sebastian Ghita, will be placed under 29-day pre...

Gavrila Oana · 29.04.2011 · 13:43 · 1 min
Social/Politics

Foreign Ministry Receives RON1M Bill From Tarom For Japan Evacuation Flight

The Romanian Foreign Affairs Ministry received a bill for over 1 million lei (about EUR245,000) from state-owned airline Tarom for the flight evacuating Romanian citizens from Japan in March...

Ioana Tudor · 28.04.2011 · 19:42 · 1 min
Social/Politics

Dinel Staicu Held By Romanian Police

Romanian businessman Dinel Nutu, formerly known as Staicu, was brought Thursday to the Bors customs point by Hungarian police officers and handed over to Romanian authorities, according to a...

Radu Bostan · 28.04.2011 · 18:12 · 1 min
Social/Politics

Boc: Romania Wants To Install Private Management In All State-Run Companies

The Romanian Government is considering installing private management in state-run companies with a view to improving their activity, Prime Minister Emil Boc said Thursday.

Ioana Tudor · 28.04.2011 · 17:12 · 1 min
Retail&Consumer

Competition Council Fines Profi, Produce Supplier With RON16.7M For Price Fixing

The Romanian Competition Council has fined with a total 16.7 million lei (EUR4.1 million) local companies Interfruct, Albinuta Shops and Profi Rom Food for fixing the retail price of fruits...

Andrei Cîrchelan · 28.04.2011 · 16:41 · 1 min
Social/Politics

Sterling Resources Deplores Romania’s Opaque Drilling Permission System

Canadian oil and gas company Sterling Resources on Thursday said it cannot operate in its Black Sea perimeters at the present time, since local authorities are unable or unwilling to issue t...

Andrei Cîrchelan · 28.04.2011 · 16:16 · 1 min
Social/Politics

Dinel Staicu Brought To Romania On Thursday

Romanian businessman Dinel Nutu, formerly known as Staicu, will be taken into custody by Romanian police officers at the Bors customs point in western Romania and held in the Bihor county po...

Radu Bostan · 28.04.2011 · 13:48 · 1 min
Social/Politics

President Basescu Optimistic On Romania’s Schengen Entry This Year

Romanian President Traian Basescu said Wednesday on national television TVR he is optimistic about the country’s Schengen entry in 2011, adding accession to the EU’s border-free area is not...

ZF English · 28.04.2011 · 11:35 · 2 min
Macroeconomics

Basescu Shares IMF Concerns That 2012 Elections Pose Risk To Reforms

Romanian President Traian Basescu Wednesday said on national television TVR he shares the International Monetary Fund’s concerns that elections in 2012 pose risks to the country’s reforms, a...

ZF English · 28.04.2011 · 11:34 · 1 min