English

Romanian Unionists Told IMF They Oppose 20% Staff Cut In Public Sector

13:35, 04 Aug. 2009
Romanian unionists told the International Monetary Fund (IMF) in a meeting on Tuesday that they disagree with a 20% staff cut in the public sector and that the issue should be analyzed in order to maintain the quality of services.

Romania’s Ctrl Bk Cuts Key Rate By 50 Bps, To 8.5%

13:27, 04 Aug. 2009
The Board of Romania’s central bank decided Tuesday to cut the key monetary policy rate by 50 basis points to 8.5% on the year and to lower the minimum reserve requirements ratio on foreign currency-denominated liabilities to 30%, from 35%.

IMF Proposed Later Adoption Of Romania’s Public Sector Unitary Pay Law – Unions

13:25, 04 Aug. 2009
The International Monetary Fund on Tuesday proposed, in a meeting with Romanian unions, that the government should push back the adoption of the single unitary pay law for the public sector to allow for a through assessment of the future pay system.

Czech Tourist Attacked By Bear In C Romanian Mountains

13:24, 04 Aug. 2009
A Czech tourist was admitted to the hospital in Romania’s mountain resort of Sinaia, after he was attacked by a bear Monday night while descending onto the Caraiman Valley.

Wizz Air To Launch Flights From Bucharest And Cluj-Napoca To Grenoble

13:11, 04 Aug. 2009
Low-cost airliner Wizz Air will introduce once-a-week flights from the Romanian cities Bucharest and Cluj-Napoca to Grenoble in France in the interval December 12- March 27, the airline said Tuesday.

U.S. Bechtel Finished Building The Biggest Viaduct On Transylvania Highway

11:26, 04 Aug. 2009
U.S. constructor Bechtel said it has finished building the biggest viaduct on the Romanian 2B Campia Turzii – Gilau segment of the Transylvania Highway, whose construction began in 2007.

Number Of Tourists Entering Romania Dn 12.9% On Yr In June

10:42, 04 Aug. 2009
The number of tourists entering Romania was 12.9% lower in June compared with the same month a year before, while the number of tourists accommodated was down 11.1% on the year, the National Statistical Institute, or INS, said Tuesday.

Romania’s June Net Salary Up 1.7% M-M To RON1,379

10:37, 04 Aug. 2009
Romania's net average salary in June was at 1,379 (EUR1=RON4.2116), up 1.7% compared with RON1,356 in the previous month, the National Institute for Statistics, or INS, said Tuesday.

Romanian Meteorologists Issue Code Yellow Warning For Rain, Storm

09:39, 04 Aug. 2009
Romanian authorities issued a yellow code warning for rain and storm valid from Tuesday at 6pm until Friday at 9am local time, according to the meteorologists’ website.

Romanian Singer Elena Carstea To Undergo Brain Surgery On Aug 12

09:38, 04 Aug. 2009
Romanian singer Elena Carstea, who has been living in the United States over the past three years, is suffering from an aneurysm and will undergo brain surgery on August 12 at the JFK hospital in West Palm Beach, Florida, Pro TV reported.

EC, Ukraine Agreement On Gas Sector Reform, Also Beneficial To Romania

18:51, 03 Aug. 2009
The agreement signed between European Commission and Ukraine on the reform of the Ukrainian gas sector can also be beneficial to Romanian consumers, as Ukraine is a key element of Europe’s energy safety, Monday said Vasile Puscas, head of Romania's European Affairs Department.

E Romania Police Officer Arrested On Manslaughter Charges

17:02, 03 Aug. 2009
A Romanian police officer in Oancea, Galati county, eastern Romania, was taken into custody for a month on manslaughter charges Monday, after the 28 year-old man he shot Sunday died at the hospital.

Romania AH1N1 Flu Cases Reach 172

16:18, 03 Aug. 2009
Romania confirmed 65 new cases of infection with the AH1N1 influenza virus last week (July 27-August 2), taking the total number of people that contracted the virus to 172.

Romanian Econ Min To Merge 14 Institutes Into 2 Units In Energy, Industry Sectors

16:14, 03 Aug. 2009
Romanian Economy Ministry plans to merge 14 research institutes into two structures, operating in the industry and energy sectors, economy minister Adriean Videanu said Monday.

Romanian Transporters, Roads Auth Disagree On Toll For Bridge Over Danube

16:12, 03 Aug. 2009
Romanian transporters claim that the toll introduced by the public roads authority CNADNR on the crossing of the Fetesti bridge, in southeastern Romania, breaches the country's treaty with the European Union, the Federation of Romanian Transport Operators (FORT) said in a statement Monday.

Romania’s Forex Reserves Hit Record High At EUR27.33B In July

15:43, 03 Aug. 2009
Romania's foreign-exchange reserves rose EUR860 million on the month in July to a record high of EUR27.326 billion, following loans taken by the Finance Ministry, the central bank said in a statement Monday.

Romanian Social Democrats Say Country’s Ruling Coalition Must Not Be Replaced- Official

14:54, 03 Aug. 2009
Romania’s social democrat leader Mircea Geoana on Monday said his party strongly believes the country’s ruling coalition formed of democrat liberals and social democrats must not be replaced.

Most Public Offices In Romania Continue To Be Filled By Men – Equal Chances Agency

14:10, 03 Aug. 2009
Most leading public office positions in Romania are filled by men, and only 19% of ministers and 9.76% of lawmakers are women, according to a survey presented Monday by the Romanian Agency for Equal Chances (ANES).

Romanian Democrat Liberals Ask Coalition Partners To Give Up Investigation On Tourism Min

13:45, 03 Aug. 2009
The Romanian Democrat Liberal Party asked the Social Democratic Party in a “quite firm” manner to give up the parliamentary committee investigating tourism minister Elena Udrea and to “leave her alone”, sources attending the meeting of the coalition told MEDIAFAX Monday.

Romanian Oil Co Petrom Discovers Oil, Gas In Russia

13:38, 03 Aug. 2009
Romanian oil company Petrom (SNP.RO) discovered gas and oil at its exploration well Lugovaya-1 in the Kamenski license in Saratov, Russia, the company said in a statement sent to the Bucharest Stock Exchange Monday.

Man Caught Stealing In S Romania, Killed By Villagers

12:02, 03 Aug. 2009
A 35 year-old man died Monday morning after he was beaten by villagers in Cetate commune, in the southern Romanian county of Dolj, when he was caught stealing wire from vines Sunday night.

Romanian Democrat Liberals, Social Democrats Say Ruling Coalition Won’t Split

11:23, 03 Aug. 2009
Romanian social democrats and democrat liberals in the country’s ruling coalition on Monday stressed they would not break up their partnership, arguing this idea is a mere "political game."

Romanian Environment Min Not Probed, Indicted In Any Corruption Case – Anticorruption Dept

11:18, 03 Aug. 2009
Romanian environment minister Nicolae Nemirschi is not investigated or indicted in any corruption files that anticorruption prosecutors are working on, the National Anticorruption Department (DNA) said Monday.

Romanian Car Mker Dacia Plant, Mioveni Indus Platform On Overhaul In Aug

10:09, 03 Aug. 2009
Romanian car maker Dacia, the entire industrial platform at Mioveni and the factories of the spare parts suppliers in the auto sector will be on overhaul in August, while their employees will be on holiday.

Romania Might Set Up New Railroad Company- Transport Ministry Official

10:04, 03 Aug. 2009
Romania’s Transport Ministry sub-secretary of state, Constantin Axinia, recently said on radio station RFI that a new railroad company, which will link large cities in Romania, is likely to be set up in Romania.

Romanian Health Ministry Cuts 374 Jobs, Lowers Spending By RON10M

23:03, 02 Aug. 2009
Officials of Romania’s Health Ministry presented the prime minister on Sunday with proposals to restructure certain subordinated institutions, targeting the cutting of 374 jobs and a cost reduction of about 10 million lei (EUR1=RON4.2127).

W Romania Murder Suspects Taken Into Custody For One Month

23:02, 02 Aug. 2009
The Timis Court on Sunday afternoon ordered that the two med students accused of murdering a 65 year-old man be taken into custody for 30 days.

Romania Not A Modern State, Just Met Minimal EU Accession Standards – President

22:43, 02 Aug. 2009
Romanian President Traian Basescu told mayors on Sunday that Romania’s modernization process must continue because Romania is not a modern state, but simply a country that met minimal standards to join the European Union.

Romanian Social Democrats Frown On Vat Increase, Want Min Tax Scrapped In Sept

17:13, 02 Aug. 2009
Romania’s social democrat minister for SMEs, Constantin Nita, told a news conference Sunday that his Social Democratic Party doesn’t support a VAT increase and insists the government cancels the minimum tax as of September 1.

Evidence Points To Male Suspect In W Romania Murder Case

17:12, 02 Aug. 2009
Evidence collected in the case of the murder of a 65 year-old man, found hacked in the back of a car in the western Romanian city of Timisoara, indicates the victim was stabbed 50 times by the 20 year-old man, student at the city’s Medicine University.

Romanian Social Democrats Prefer Temp Wage Reduction Over 20% Cut In Public Sector Jobs

15:01, 02 Aug. 2009
Romania’s social democrat minister for SMEs, Constantin Nita, told a news conference Sunday that his Social Democratic Party doesn’t agree with the solution proposed by President Traian Basescu to cut 20% of jobs in the public sector.

Romania Unable To Recover External Debts As Debtor States Refuse Negotiations – Govt Report

14:42, 02 Aug. 2009
Romania is having trouble recovering external debts from export operations unfolded before 1990, because some African countries face major economic problems while other states firmly refuse any debt payback negotiations.

Romanian Med Student Murder Suspect Turns Herself In

11:13, 02 Aug. 2009
A 20 year-old med student, suspect in the murder of a 65 year-old man in Timisoara, western Romania, whose body was found hacked in the trunk of a car, turned herself in to authorities Sunday morning.

„Romania -The Land of Choice” Promotion Campaign Starts Saturday, Aug 1 August, On Eurosport

17:05, 01 Aug. 2009
"Romania -The Land of Choice”, the campaign promoting Romania as a tourist destination, starts Saturday, August 1, on Eurosport, and features Romania’s sports legends Nadia Comaneci, Ilie Nastase and Gheorghe Hagi, the Romanian Tourism Ministry said.

Romania Registers A Total 164 AH1N1 Flu Cases – ECDC

16:00, 01 Aug. 2009
The number of infections with the AH1N1 influenza virus registered in Romania reached 164, as 21 new cases were confirmed Thursday and Friday, according to the European Center for Disease Control (ECDC).

Romanian Agriculture Ministry Staff To Be Cut 20% – Minister

13:36, 01 Aug. 2009
Romania’s Agriculture ministry will reduce its number of subordinated government agencies and institutions to 20 from the current 33, which translates into a 20% staff cut, agriculture minister Ilie Sarbu told MEDIAFAX Saturday.

W Romania Police Find Hacked Body In Car Trunk

13:01, 01 Aug. 2009
Police in Romania’s western city of Timisoara on Saturday morning found the hacked body of a 65 year-old man in the trunk of a car parked outside a student hostel of the local University of Pharmacy and Medicine and murder suspects are though to be med students.

Minimum Tax Brings Extra EUR65M To Budget – National Fiscal Administration Agency

20:49, 31 Iul. 2009
Around 65% of the companies will pay the minimum tax, worth 291.7 million lei (EUR1=RON4.2127), or 12% of the total profit tax declared by July 25, while, by applying the 16% flat tax they would have only paid RON22.25 million, said Sorin Blejnar, head of National Fiscal Administration Agency ANAF.

KazMunayGaz Replaces 3 Managers Of Romanian Rompetrol

20:23, 31 Iul. 2009
Kazakhstan’s KazMunayGaz, the owner of Romania's second-largest oil group Rompetrol, replaced three managers of the oil company’s management team, namely Eric Kish, Adrian Petrus and Dan Ionescu.

Romania’s 7-8% Econ Contraction, A “Disaster” For Business Environment – Assoc

18:57, 31 Iul. 2009
The economy contraction of 7-8% forecasted for 2009 will represent a "big disaster" for business environment and will trigger the bankruptcy of companies and the reorganization of certain economy subsectors, said Florin Pogonaru, head of Romanian Businessmen Association AOAR