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Romanian Govt Sent Stance On Pension-Wage Decree To Constitutional Court

12:18, 12 Ian. 2009
The Romanian Government sent the Constitutional Court its reply to the ombudsman’s challenge of the emergency decree banning the cumulation of pensions and salaries for public sector employees, indicating the decree doesn’t go against the Constitution.

Social Democrat Leaders Think Highly Of New State Secretaries- Romania Interior Min

12:17, 12 Ian. 2009
Romania’s interior minister Gabriel Oprea said Monday, before the meeting of the National Standing Office of the Social Democratic Party (PSD), that he would inform his party fellows that the secretaries of state he appointed within the ministry are highly appreciated by the social democrat leaders.

Austria’s Holzindustrie Schweighofer Buys Former Swedwood Plant N Romania

11:44, 12 Ian. 2009
Austrian company Holzindustrie Schweighofer bought the wood processing unit in Siret, northern Romania, previously owned by Swedwood, the production unit of Swedish home-furnishing giant IKEA.

Romania’s Talks With EC To Focus On Econ Crisis, Gas Issue, EU Funds – President

11:25, 12 Ian. 2009
Romanian President Traian Basescu said Monday, before leaving for Brussels to meet with European Commission president Jose Manuel Barroso, that talks will mainly focus on the economic crisis, the gas crisis and accessing EU funds.

Romanian Leu Hits All-Time Low In Early Trade

11:07, 12 Ian. 2009
The Romanian currency further depreciated against the euro and hit a historical low at RON4.2620 /RON4.2650 versus the euro in early trade Monday.

EC Indicates Romanian Transport Ministry Was Incapable Of Promoting Any Projects – President

10:48, 12 Ian. 2009
Romanian President Traian Basescu said Monday, before leaving for Brussels to meet with European Commission President Jose Manuel Barroso, that the Commission’s reports indicate that if Romania has a ministry that wasn’t capable of promoting any projects, that was the Ministry of Transport.

Romanian Carmaker Dacia Employees Back To Work After 1 Mo Production Halt

10:09, 12 Ian. 2009
Employees of Automobile Dacia, the Romanian unit of French carmaker Renault, went back to work Monday morning after a one month production halt triggered by declining demand.

Romania’s Nov Net Salary Up 2.6% M-M To RON1.361

10:01, 12 Ian. 2009
Romania's net average salary was up 2.6% on the month in November to 1.361lei (EUR1=RON4.2127), the National Institute for Statistics, or INS, said Monday.

Romanian Liberal Says Current Govt Was Agreed In August Betw President, Social Democrats

17:43, 11 Ian. 2009
Romanian liberal vice-president Puiu Hasotti told a news conference Sunday that he has known for over a year that democrat liberals (PDL) and social democrats (PSD) were in talks, adding several social democrat leaders often went to see the president at Cotroceni.

Bulgaria Asks Romania To Ensure Gas Transit To Bulgaria – Press

17:14, 11 Ian. 2009
Bulgarian President Georgi Parvanov asked Romanian President Traian Basescu in a phone call conversation to allow free transit for Ukrainian gas to Bulgaria through Romania’s distribution network, Bulgarian agency Focus News reported.

Romanian PM Appoints New State Secretaries, Replaces Fiscal Agency VPs

14:40, 10 Ian. 2009
Romanian Prime Minister Emil Boc has replaced several state secretaries, the vice-presidents of the country’s fiscal agency and appointed the new management of the country’s National Pension House and Employment Agency.

Romanian Social Democratic Party To Take Disciplinary Action Against Int Min – Party Leader

14:29, 10 Ian. 2009
Romania’s Social Democratic Party leader Mircea Geoana told MEDIAFAX Saturday that social democrat interior minister Gabriel Oprea acted unilaterally when he appointed people in positions within the ministry and the party would take disciplinary action.

Romanian Gas Producer Romgaz Could Up Daily Output, Can’t Fully Replace Russian Imports

10:55, 10 Ian. 2009
Romanian natural gas producer Romgaz could increase its output by a daily maximum of 0.5-1 million cubic meters, but can’t completely replace the lack of Russian gas imports, company general manager Lucian Stancu told MEDIAFAX.

Romanian Mine Subsidies Down 14% Pending Budget Approval

20:53, 09 Ian. 2009
Romania’s mining units will get less unitary subsidies for products and social protection by 14% compared to 2008, until the approval of the draft budget for 2009 and the new subsidies, the Government decided in Friday’s meeting.

Romanian Iproeb Bistrita Puts 280 Employees On Tech Unemployment

20:28, 09 Ian. 2009
Romanian electric cable producer Iproeb Bistrita (IMRU.RO) will put 280 of its 653 employees on technical unemployment in January, due to lack of orders, the company stated Friday.

Romanian Pres, PM To Attend Working Breakfast With EC Officials On Monday

20:27, 09 Ian. 2009
Romanian Prime Minister Emil Boc and President Traian Basescu will leave next week to Brussels, to talk with the President of the European Commission about the gas crisis.

Some 1,700 Of Romanian ArcelorMittal Galati Employees File Voluntary Layoff Requests – Unionist

19:27, 09 Ian. 2009
Some 1,700 employees of Romanian largest steel maker ArcelorMittal Galati, owned by UK-based ArcelorMittal, filed requests to leave through the voluntary layoffs program, a trade union representative said Friday.

Ctrl Bk To Decide On Amending Household Lending Rules Next Wk

19:25, 09 Ian. 2009
Romania’s central bank will decide next week whether it would amend household lending rules, especially those related to mortgage loans, banking sources told MEDIAFAX Friday.

Romanian Leu Closes Dn, Off Its All-Time Low

17:16, 09 Ian. 2009
The Romanian leu depreciation slowed down in Friday’s late trades, and it closed at RON4.23 to the euro, off an all-time low of RON4.2450 against the European currency it touched during the inter-bank trading session.

Romanian Govt To Keep Decree Banning Cumulated Public Sector Pension, Wage – PM

17:00, 09 Ian. 2009
The Romanian government keeps and backs the decree it passed, banning pensioners working in the public sector from receiving both pensions and wages, actors, teachers and social assistants may continue to work based on a civil convention, Prime Minister Emil Boc said Friday.

Romania’s Petrom May Cut 4,000 Jobs Besides Annual Layoffs – Sources

16:58, 09 Ian. 2009
Romania’s largest vertically integrated oil company Petrom (SNP.RO), owned by Austria's OMV oil group, might cut approximately 4,000 jobs due to the financial crisis, besides the annual layoffs already stipulated in the restructuring program, sources close to the matter told MEDIAFAX on Friday.

Travel Channel To Showcase Romanian Vineyards

16:54, 09 Ian. 2009
Travel Channel will broadcast, starting with January 26, the new series of the show "Wine Country," presenting the vineyards in Romania, together with the vineyard traditions in Hungary and Bulgaria, television officials told MEDIAFAX.

Romania To Have ‘Corner’ At Marche Du Film Court

16:51, 09 Ian. 2009
Cultural association Esten'est will organize, with the support of the Romanian National Center of Cinematography, the Romanian stall "Romanian Short Film Corner" within the film market of the prestigious international film festival at Clermont-Ferrand (France), which will take place between January 30 and February 7.

Romanian Officer Injured In Afghanistan

15:12, 09 Ian. 2009
A Romanian officer was injured Friday morning in Afghanistan, in the explosion of an improvised device, some 50 kilometers southwest of Lagman Base, the Romanian Ministry of Defense said.

Romanian Dacia Employees Resume Work Monday, Set Protest For Tuesday

14:38, 09 Ian. 2009
Employees of Romanian carmaker Dacia, the local unit of France’s Renault, which resumes activity Monday after it halted production for one month, will organize a protest Tuesday, union leaders said.

IMF Mission Visits Romania End January

13:47, 09 Ian. 2009
A mission of the International Monetary Fund will visit Romania end-January to evaluate the economic situation and discuss the new government’s policies, IMF representative in Romania Juan Fernandez-Ansola told MEDIAFAX Friday.

Romanian Leu Indicative Rate Hits All-Time Low Vs Euro, At RON4.2127

13:18, 09 Ian. 2009
The Romanian leu continued its downward trend versus the European currency on Friday and the central bank computed an indicative of RON4.2127 to the euro, the currency's all-time low since euro introduction in 1999.

Russian Gas Imports Still Cut, Romania’s Gas Transport System Safe – Transgaz Official

12:34, 09 Ian. 2009
Russian gas supplies to Romania through Ukraine are still ceased and the national gas transmission system is safe, Marius Stroia, a manager in Romania’s state-owned gas pipeline operator Transgaz (TGN.RO), told MEDIAFAX on Friday.

Romanian Govt Argues Decree Banning Cumulated Public Sector Pension, Wage Is Constitutional

12:31, 09 Ian. 2009
The decree suspending pension payments for pensioners working in the public sector complies with a Constitutional Court decision that states lawmakers can outlaw the cumulation of both pension and salary if the measure is applied indiscriminately, the Romanian government said.

Romanian, Bulgarian Workers Remain Europe’s Personae Non Grata – Paper

11:30, 09 Ian. 2009
Romanians and Bulgarians are still not seen as full-fledged citizens of the European Union, as many member states continue to keep them away from their labor markets, mainly due to the economic turmoil that seriously affected their economies, German daily Der Speigel wrote on its website.

Romanian Leu Hits All Time Low Vs Euro In Early Trade Friday

11:02, 09 Ian. 2009
The Romanian leu opened lower against the euro on Friday and reached an all time low on the forex market at RON4.2050 to the euro, dealers said.

Romania’s Petrom To Deliver In Jan Up To 75,000 Tons Of Fuel Oil To Pwr Plants

10:37, 09 Ian. 2009
Romania’s dominant oil company Petrom (SNP.RO) may deliver around 70,000 to 75,000 tons of fuel oil to thermal power plants by the end of January and a similar quantity in February, the company announced Friday.

Romania’s 11-Mo Trade Def Up 7.17% On Yr To EUR 20.9B

10:11, 09 Ian. 2009
Romania’s January-November trade deficit rose 7.17% on the year to EUR20.9 billion, from EUR19.5 billion in the same period a year earlier, but exports grew at a higher pace than imports during the first ten months, the National Statistics Institute reported Friday.

Four Romanian Families Evacuated From Gaza

10:02, 09 Ian. 2009
Four families of Romanians, namely, 12 children and 8 adults, among whom three Palestinians, were evacuated from Gaza Strip via the Erez border crossing.

Romanian Leu Could Lose Another 5% Vs Euro, After Dropping 11% In 2008 – Erste

19:31, 08 Ian. 2009
The Romanian leu could lose another 5% versus the euro, given the “huge” current account deficit, after dropping by 11% against the European currency since the beginning of 2008, Erste Group researchers said in a report.

Romanian New Car Registrations Drop By 8.6% In ‘08, Used Cars Thrive

19:21, 08 Ian. 2009
New car registrations dropped by 8.6% in Romania last year, to 285,504 units, while used car registrations grew by 151.4%, to a record level of 310,885 cars.

Romanian Leu Touches Historic Low Vs Euro

18:33, 08 Ian. 2009
The Romanian leu depreciated strongly on Thursday, in a volatile trading session, and touched its all-time low at RON4.18 versus the euro at the end of the session.

Romanian Prosecutor Bogdan Licu Elected VP Of High Council Of Magistrates

17:34, 08 Ian. 2009
Romanian prosecutor Bogdan Licu, 39, on Thursday was unanimously elected vice-president of the High Council of Magistrates, replacing Gratiana Isac.

Romanian SME Min Plans To Up Funding For SMEs, Restructure Ministry

16:52, 08 Ian. 2009
Romania’s new minister for SMEs, Commerce and the Business Environment, Constantin Nita, plans to increase funds from the state budget assigned to back small and medium-sized companies and wants to restructure the ministry, Nita told MEDIAFAX in an interview Thursday.

Romanian Pres Accounts For Decree Banning Cumulated Pensions And Wages In Public Sector

15:32, 08 Ian. 2009
Romanian President Traian Basescu said Thursday that the “famous decree” banning pensioners hired in the public sector from receiving both pensions and salaries, observes the Constitution, adding it only targets to wipe out "any misuse of state funds."