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Ford To Make Transit Turneo Connect At Romanian Unit

20:15, 02 Oct. 2008
US’ automaker Ford will manufacture at its factory in Craiova both the passenger carrying and van models of Transit Connect, the company’s marketing, sales, and service president Ingvar Sviggum told MEDIAFAX Thursday.

Romanian Students Obtain 30% Bigger Scholarships, Give Up Protests ‘For Now’

20:13, 02 Oct. 2008
Student scholarships will increase by 30% in two stages next year, Romanian Education Ministry and student organizations said in a joint statement Thursday.

Romanian Ed Unionists Want Econ Min Dismissed Over Wage Hike Statements

20:04, 02 Oct. 2008
The Romanian National Education Federation (FEN) requested the immediate dismissal of the Economy and Finance Minister Varujan Vosganian for his statements made on Thursday regarding the wage hike in the education system, which FEN deems “irresponsible and ungrounded”.

Fin Min: A 50% Hike Of State Employees’ Wages Endangers Romania’s EU Membership

17:33, 02 Oct. 2008
Romania’s Economy and Finance Minister Varujan Vosganian said Thursday that a 50% salary increase for professors, as recently approved by Parliament, would trigger similar requests from all state employees, which would endanger the economic stability and even Romania’s European Union membership.

Questionable Transactions Bring Court Dates For Romanian Football Agents, Managers

17:10, 02 Oct. 2008
Romanian prosecutors with the National Anticorruption Department sent to trial eight people for alleged illegal transactions facilitated by transfers of football players to foreign clubs, causing overall damages of $11.5 million.

Romanian Public Servants Threaten Full-Scale Protests Over Salary Hike

16:42, 02 Oct. 2008
Romanian public servants threatened to go on full-scale strike next week unless they receive a 50% pay hike to match the salary increase granted to personnel in the educational system, union officials said Thursday.

Romanian Winemakers To Receive Funds For Crop Insurance, Wine Promoting

16:00, 02 Oct. 2008
Romanian winemakers will receive funds to promote their wines on foreign markets, to insure their crop and to use concentrated grape stum in order to increase alcohol concentration, the Government said Thursday in a statement.

Wage Increases In Ed Sys Need To Rely On Logic, Realism – Romanian PM

15:14, 02 Oct. 2008
Romanian Prime Minister Calin Tariceanu said Thursday he is not against wage increases for teachers, but said increases should be first applied to very low wages and need to rely “on logic”.

Romanian Ed Min To Solve Complicated Situation Following Vote On Teachers’ Wage Hike – PM

14:37, 02 Oct. 2008
Romanian Prime Minister Calin Tariceanu said it is the responsibility of education minister Cristian Adomnitei to solve the “complicated situation” triggered by his vote in Parliament in favor of a 50% wage hike in the education system, as he should have shown “a different attitude” towards his liberal peers.

Romanian Car Mkr Dacia Introduces The Logan MCV In Paris Auto Show

13:10, 02 Oct. 2008
Romanian carmaker Dacia premiered the Logan MCV in the Paris Auto Show. The company also introduced the Logan eco2 concept and the 1.5 liter and 85 hp Sandero diesel, which will be launched in Romania early next year.

Porsche Romania Mulls Selling 40 Bentleys In 2009

12:28, 02 Oct. 2008
Porsche Romania plans to sell 40 Bentley cars in 2009 and five cars this year, Brent Valmar, the company’s president, said Thursday in a press statement.

Romanian Businesspeople Urge Concrete Info On Bk Deposit Guarantee Threshold

12:24, 02 Oct. 2008
The Association of Romanian Businesspeople, or AOAR, urged the central bank and the Ministry of Economy and Finance to issue a public stand on the possibility to increase the threshold on guaranteed bank deposits for people and companies, from the current EUR20,000/ depositor.

Romanian Football Champ CFR Cluj Ties Against Chelsea 0-0 (Photo Gallery)

10:32, 02 Oct. 2008
Romanian football champion CFR Cluj tied 0-0 the away game against Chelsea London in stage two of the UEFA Champions League Group A.

Tiriac Holdings Scarcely Affected By Intl Financial Turmoil – Official

19:18, 01 Oct. 2008
The international financial turmoil has not significantly affected the sales of Romanian company Tiriac Holdings, owned by businessman Ion Tiriac, Ion Alexandru Tiriac, the businessman’s son and group representative, said Wednesday.

Romanian Govt, Austrian Steelmaker Voestalpine Sign The Steel Mill MoU

18:40, 01 Oct. 2008
The Romanian Government and representatives of Austrian steelmaker Voestalpine signed the memorandum of understanding on the building of a steel mill in the Black Sea area, in an investment estimated to reach EUR5 billion, the Government said in a press release.

Romanian Govt Oks Land Transfer For Passageway Construction Works

16:34, 01 Oct. 2008
The Romanian government decided Wednesday that a land of 5,700 square meters, needed for construction works on Baneasa underground passageway, would be transferred from the administration of the Bucharest Mayoralty into that of the Transport Ministry, acting minister Ludovic Orban said Wednesday.

Romania Annuls Compensated Drugs Ceiling – Health Min

15:58, 01 Oct. 2008
The Romanian government decided to eliminate ceilings for compensated drugs as of October 1, Health Minister Eugen Nicolaescu said Wednesday.

Romania’s Court Of Accounts Law Deemed Constitutional

14:46, 01 Oct. 2008
Romania’s Constitutional Court unanimously decided Wednesday that the Law 94/1992 on the organization and functioning of the Court of Accounts is constitutional, rejecting the intimations of several deputies who claimed certain texts of the law sent for promulgation were taken out or introduced.

Teachers’ Pay Hike Stops Investments In Romanian Education In 2009 – Min

13:51, 01 Oct. 2008
The 50% salary hike for personnel in the educational system will burden the ministry’s budget and put a stop to investments in 2009, Education Minister Cristian Admonitei said Wednesday.

New Apartments Price To Hike By 15% In 4Q In Bucharest – Report

13:50, 01 Oct. 2008
The prices of new apartments in the capital city, Bucharest, will continue to grow by 10-15% by yearend while old apartments prices will hike by 5-10%, depending on the zone, according to a study conducted by real estate brokerage company Coldwell Banker.

Romanian Lawmakers’ Prosecution Approval Procedures Deemed Unconstitutional

13:43, 01 Oct. 2008
Romania’s Constitutional Court deemed unconstitutional Wednesday provisions in the regulations of the Senate and Chamber of Deputies regarding the majority needed to approve prosecution of former or acting government members who are lawmakers.

Romanian Govt, Austrian Steelmaker Voestalpine To Sign MoU Today – Govt

13:08, 01 Oct. 2008
The Romanian Government and the Austrian steelmaker Voestalpine will sign today at 4 p.m. the memorandum of understanding on the building of a steel mill in the Black Sea area, the Government said in a press release.

Romanian President Certain To Promote Law Raising Teachers’ Wages

12:57, 01 Oct. 2008
Asked whether he would approve the law stipulating a 50% wage increase for teaching staff, Romanian President Traian Basescu said he is certain to promote the law.

Romanian State Secretary With Econ Ministry Alice Bitu Resigns – Sources

12:06, 01 Oct. 2008
State secretary with the Romanian Economy and Finance Ministry, Alice Bitu, who supervised the attraction of European Union funds, including those for the SAPARD program, quit her position, people close to the matter told MEDIAFAX Wednesday.

Romanian PM Says Wage Raise In Education Sys Is Populist, Irresponsible

11:43, 01 Oct. 2008
Romanian deputies’ votes for a 50% wage raise for staff in the education system is a mere “populist” measure before the upcoming general elections, the country’s Prime Minister Calin Tariceanu said Wednesday at the opening ceremony of the 2008-2009 university year organized by the Technical University of Civil Engineering in Bucharest.

Romania’s Rompetrol Cut Gas, Diesel Oil Pump Prices By RON0.05, RON0.07 Per Liter

10:54, 01 Oct. 2008
Romania’s second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, cut Wednesday its gasoline and diesel oil pump prices by 0.05 lei (EUR1=RON3.7336) per liter, and RON0.07 per liter, respectively, the company said in a statement.

Number Of Tourists In Romania Up 4.3% On Yr In Aug

10:30, 01 Oct. 2008
The number of tourists in Romania was 4.3% higher in August compared with the same month a year before, the National Statistical Institute, or INS, said Wednesday.

Romania To Launch Hepatitis Prevention Program In 2009 – Health Min

20:00, 30 Sept. 2008
Romania’s Health Ministry will allocate funds to set up a program on hepatitis prevention in 2009, after having decided to start vaccination on fourth-grade girls against uterine cancer as of mid-October, Minister Eugen Nicolaescu said Tuesday.

Bucharest IT Employees Earn Twice As Much As Peers In Other Cities – Survey

18:10, 30 Sept. 2008
IT Employees in Romania’s capital Bucharest are paid double compared to their peers in Constanta, Galati or Oradea, and private companies pay an average of 50-60% more than public institutions, according to a survey on the website ghidul-salariilor.ro.

Romanian Public Servants Urge 50% Wage Hike, Threaten Protests

17:31, 30 Sept. 2008
Romanian public servants affiliated to the Sed Lex union threatened to start protests and even go on strike unless the government increases their salaries by 50% starting January 1, 2009, union leader Vasile Marica said Tuesday.

Romania Elections Premiere: Candidates To Pay For TV, Radio Airtime

16:24, 30 Sept. 2008
Romanian candidates for the parliamentary polls due November 30 will take money from their own pockets to buy airtime on private TV stations and radios, and the tariffs paid will be made public, the country’s Audiovisual Council, or CNA, said Tuesday.

Romania’s Tarom To Buy 10 Airships In 2009 – Transp Min

15:56, 30 Sept. 2008
Romanian state-run airline Tarom will buy 10 airships next year, out of which four Airbus, four Boeing and two ATR airships, Transport Minister Ludovic Orban said Tuesday during the conference "Romania Construct & Real Estate Forum 2008", organized by Mediafax.

Romanian Senate Decides To Grant Indemnities To People Persecuted On Ethnic Grounds

15:29, 30 Sept. 2008
Romanian senators adopted Tuesday a legislative initiative granting indemnities to people persecuted on ethnic grounds between 1640 and 1945, regardless of whether they were living in Romania or Romanian territories temporarily occupied by other states at the time of expulsion or deportation.

Romanian Avioane Craiova Sale To Restart By Oct 20 – AVAS

15:02, 30 Sept. 2008
Plane maker Avioane Craiova’s privatization, broken off by Romanian Privatization Authority AVAS on Monday, will be restarted no later than October 20, through the announcement of a new sale offer for the 80.97% stake, AVAS announced Tuesday.

Romania To Have Another 180 Km Of Highway By End-2010 – CNADNR

14:42, 30 Sept. 2008
Romania will have by end-2010 another 180 kilometers of highway, namely the Bucharest-Moara Vlasiei-Ploiesti, Campia Turzii-Gilau, Suplacu de Barcau-Bors segments and Sibiu ring road respectively, Stefan Szobotka, a manager in Romania's roads and highways company CNADNR said Tuesday.

Romania’s Salary Hikes Should Be Postponed For Next Gov – Fin Min

14:38, 30 Sept. 2008
Social measures, including any salary hikes in the public sector should be postponed until the investiture of the next Government, for it to undertake all decisions, Economy and Finance Minister Varujan Vosganian said Tuesday.

Romanian Fixed Telephony Numbers Are Ten Digits Long As Of Tomorrow

13:50, 30 Sept. 2008
Romanian fixed telephony service users will only be reachable, starting with October 1, if the callers dial the full ten digit national number (prefix + local number), for all local or national calls, the National Communications Authority announced.

Romania’s Fin Min: Curr Acct Gap Dn To 13.5% Of GDP In ’08

12:26, 30 Sept. 2008
Romania’s current account deficit will narrow to 13.5% of gross domestic product, or GDP, and exports will grow at a higher pace than imports in 2009 when the current account deficit will slow to 12% of GDP, Economy and Finance Minister Varujan Vosganian said Tuesday.

Romanian Senators Want To Offer Free Milk To Pvt School Kids As Well

12:13, 30 Sept. 2008
Romanian senators enacted, Tuesday, an amendment to a Government Ordinance stating that the “milk and bagel” program, offering free dairy and bread products to school and preschool children, could be brought to private schools as well.

Porsche Romania To Officially Import, Trade Bentley Brand

11:46, 30 Sept. 2008
Porsche Romania will officially import and trade the luxury auto brand Bentley as of Thursday, the local unit’s brand manager Adrian Pascu said Tuesday.