English

Philip Morris International Production Hiked Worldwide, Dropped In Romania

19:51, 30 Ian. 2008
Philip Morris cigarette production climbed by 0.9% in 2007, to 291.3 billion units, but in Romania, Russia, Serbia and Turkey, deliveries were lower compared to the previous year.

Romania Ups Gas Subsidies For Low-Income Population

19:26, 30 Ian. 2008
The Romanian authorities will increase gas subsidies granted to people with low incomes, following the 8.5% growth of the natural gas prices as of February 1, minister of Economy and Finance Varujan Vosganian said Wednesday.

Romania To Raise Public Sector Wages By 9.58% In 2008

18:50, 30 Ian. 2008
Romania’s Government will raise public sector wages by an average 9.58% in 2008, with most funds going to top priority fields, such as education and healthcare.

Parliament Legal Committees Postpone Report On Uninominal Vote Law For Next Week

16:01, 30 Ian. 2008
The committees for legal matters in Parliament completed Wednesday discussions on the amendments brought to the uninominal voting system law for which the government assumed responsibility, but postponed the report for next week, due to lack of quorum.

Romania Must Adapt To New Global And Regional Challenges – World Bank

14:54, 30 Ian. 2008
Romania is confronted with an investment calendar meant to sustain economic growth and improve the legal system, but at the same time it needs to adapt to new global and regional challenges, said Orsalia Kalantzopoulos, regional director with the World Bank.

Romanian Household Natural Gas Prices Up 8.5% Feb 1

10:44, 30 Ian. 2008
Romanian household natural gas prices will be hiked by 8.5% February 1, Romania’s Energy Regulatory Authority ANRE said in a statement Wednesday.

Societe Generale Explains The Factors Leading To The EUR4.9B Fraud

21:20, 29 Ian. 2008
The deputy general director of France’s Societe Generale, Jean-Pierre Mustier, stated that three breaches in the risk control system allowed a trader within the bank to perform a risky investment of EUR50 billion on European stock exchanges, triggering EUR4.9 billion worth of losses for the bank.

Ukraine To Set Up Checkpoint On Serpent Island By Aug

19:39, 29 Ian. 2008
The Ukrainian customs on Serpent Island, which is subject to an ongoing protracted litigation between Romania and Ukraine, will be completed by end August, a border patrol official said Tuesday, quoted by Ukrainian agency KrugInform.

Romania Seeks To Attract Business Tourists In 2008

18:58, 29 Ian. 2008
The Romanian authorities are to focus on business tourism and short trips promotion this year, seeking to lure tourists to big cities such as capital Bucharest, the Ministry of Tourism said in a statement Tuesday.

Laws Against Smoking Could Become Effective In ’09

18:09, 29 Ian. 2008
Provisions on the obligation for separation between smoking and non-smoking public areas and the prohibition of tobacco advertising outside points of tobacco sale physical might come into force on January 1, 2009, while the initial deadline mentioned in the draft laws on this topic was July 1, 2008

Romania’s Audiovisual Watchdog, Culture Min To Amend Audiovisual Law

17:07, 29 Ian. 2008
Romania’s audiovisual watchdog CNA and the Ministry of Culture are working on a draft law amending the audiovisual law so that the law will be in agreement with the new audiovisual directive - Audiovisual Media Services Directive, the ministry’s secretary general Virgil Nitulescu told MEDIAFAX.

Romanian Pres Asks Parliament Parties To Back Majority Uninominal Voting System

16:33, 29 Ian. 2008
Romanian president Traian Basescu sent letters to all parliament party leaders, asking them to support the majority uninominal voting system in two rounds of elections, Parliament party representatives told MEDIAFAX.

Romania’s Consumer Watchdog Fines Ten Airliners For Passenger Rights Violation

15:52, 29 Ian. 2008
Romania’s consumer protection watchdog fined ten airliners over 288,000 lei (EUR1=RON3.7420) for having breached passenger rights regulations, the watchdog head Dan Vlaicu told a press conference Tuesday.

Romanian Govt To Use Budget Gap To Reduce Imbalances With EU

15:14, 29 Ian. 2008
The Romanian government will make the best of its budget deficit ceiling of 3% of gross domestic product and will continue to fund projects in infrastructure, environment and agriculture to reduce imbalances between Romania and other EU states, Prime Minister Calin Tariceanu said Tuesday.

Romania’s Govt Might Lower Expenses In ’08 Budget By March – Fin Min -2-

15:09, 29 Ian. 2008
Romania’s government might approve by March a budget revision that would lower the expenses in the general consolidated budget, Economy and Finance Minister Varujan Vosganian said Tuesday.

Romania Social Security Contributions Among Highest In Europe

14:55, 29 Ian. 2008
Overall contributions to the social security system in Romania places the EU newcomer third among European countries in a classification made by Ernst&Young, which said the measures to cut social security contributions were nearly rendered void by an increased taxation base.

Airplane Crash In N Romania Leaves One Dead

13:48, 29 Ian. 2008
French citizen Eric Rossman, 38, manager of Romanian pulp and paper plant AMBRO SA Suceava, died Tuesday afternoon after his small private jet crashed into the woods in the area of Siminicea, in Romania’s northern county of Suceava.

Yoko Ono Submits Work At Bucharest Biennale For Contemporary Art

13:13, 29 Ian. 2008
Yoko Ono is among the 39 Romanian and foreign artists submitting works for the third edition of the Bucharest Biennale for Contemporary Art, to take place May 23 - June 21, organizers said Tuesday.

Chamber Speaker Asks That Probe Requests For MPs Be Sent To Parliament

12:01, 29 Ian. 2008
Chamber of Deputies speaker Bogdan Olteanu asked prosecutor general Codruta Kovesi to forward to Parliament the notices on the start of criminal investigations on acting and former ministers who are also MPs.

Romania’s Social Democrats Say No To Govt Education Laws

19:08, 28 Ian. 2008
Mircea Geoana, head of Romania’s leftist opposition Social Democratic Party, or PSD, said on Monday that his party would vote against the education laws brought forth by the Ministry of Education.

Google Sets Up Branch In Romania

17:39, 28 Ian. 2008
Google, the world’s largest search engine opened a branch in Romania, called Google Bucharest, after in March 2007 it had appointed its consultant for Romania.

Romanian Parliament’s Legal Committees To Complete Report On Uninominal Voting Sys

16:14, 28 Ian. 2008
The leaders of the Romanian Parliament decided Monday that the committees for legal matters must debate the law introducing the uninominal voting system, for which the government assumed responsibility, so that the law will be in agreement with the decision of the Constitutional Court.

Romanian Social Democrats To Oppose New Car Tax In Parliament

15:57, 28 Ian. 2008
Romania’s leftist opposition Social Democratic Party, or PSD, will vote against the government emergency ordinance instating the new pollution tax for cars, party president Mircea Geoana said Monday.

Romania Fiscal Auth To Expand Online Application Sys To 22 Counties Nationwide

15:12, 28 Ian. 2008
Romania’s fiscal regulator ANAF on Monday proposed expanding the online fiscal statement application system to 22 counties nationwide and recommended the list of online contributors should include additional categories of taxpayers.

Romanian Democrat Liberals Mull Motion Against Car Tax

14:57, 28 Ian. 2008
Romanian democrat liberals (PLD) said Monday they would submit a simple motion in the Chamber of Deputies asking the annulment of the country’s car tax and the restitution of citizens’ money, party president Emil Boc said.

Czech Profireal Launches Ops In Romania Feb 5

14:00, 28 Ian. 2008
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, on Monday set the official date to launch its operations on the Romanian market for February 5.

Romania’s Rompetrol Hikes Diesel Oil, Keeps Gas Prices

11:45, 28 Ian. 2008
Romania’s second-largest oil company, Rompetrol Group NV hikes this week the diesel oil pump prices by 0.02 lei/liter (EUR1-RON 3.7694), and maintains the gas prices, the company said in a statement Monday.

Romanian Striker Mutu, World’s Sixth Most Popular Footballer

11:26, 28 Ian. 2008
Fiorentina’s striker, Romanian Adrian Mutu, came in sixth in a 2007 ranking of the world’s most popular football players, according to the International Federation of Football History and Statistics (IFFHS).

George Enescu’s Violin To Be Given To A Romanian Musician

11:14, 28 Ian. 2008
The Guarnieri violin, which was used by Romanian composer George Enescu, will be given to a Romanian musician following a contest to be organized in February-March, culture minister Adrian Iorgulescu said.

Romania’s Govt Says Car Owners May Recover Part Of The Car Tax

16:58, 27 Ian. 2008
The Romanian government will not try to forbid car owners from recovering part of the sums they paid to register their cars before the introduction of the new stipulations of the car registration tax, said Adrian Ciocanea, head of the Department for European Affairs.

Some 150 Pupils From Romania Forced To Steal, Beg In Britain

15:03, 27 Ian. 2008
More than 150 children have vanished from a school in Tandarei town, south-eastern Romania, after they were kidnapped and forced to travel to Britain to steal and beg on the streets, their headmistress said, quoted by Daily Mail.

Romania’s Environment Min Says Car Tax Supported By Political Class

14:25, 27 Ian. 2008
Romania’s minister of the environment, Attila Korodi, Sunday said that the first registration tax for cars, introduced in 2006 by democrat MP Sulfina Barbu, was supported by the entire political class.

Romanian Conservatives Choose New Party Head

13:12, 27 Ian. 2008
The congress of the Conservative Party started on Sunday, as party members need to choose another president to replace current head Dan Voiculescu who announced he would not be running for a new mandate.

Germany Points Finger At Nokia In Subsidies Matter -Press

18:23, 26 Ian. 2008
German daily Focus informed that Finnish mobile phone giant Nokia, that decided to close its factory in Germany and move it to Romania, is said to have cashed more subsidies than legally entailed to, by hiring fewer people than it had initially announced.

Liberal Official Says President Is Party’s Worst Enemy

15:47, 26 Ian. 2008
Eugen Nicolaescu, vice-president of the National Liberal Party, or PNL, on Saturday accused president Basescu of trying to destroy and discredit the party.

British Citizen Appeals Court Ruling In Nemescu Case

14:31, 26 Ian. 2008
The Bucharest courthouse will rule, at the beginning of February, on the appeal made by British citizen Ali Imran, sentenced to seven years in prison for the murder of film director Cristian Nemescu and other two people.

42 Romanian Counties Get Code Yellow Warning For Strong Winds

13:53, 26 Ian. 2008
Romania’s Ministry for the Environment on Saturday sent out yellow code warning for 42 counties throughout the country, that are to be confronted in upcoming days with strong winds.

Romanian Privatization Auth Restructuring To Leave 100 Jobless

21:44, 25 Ian. 2008
Romanian privatization authority AVAS will fire 100 employees in 2008, through collective layoffs, thus reducing the maximum number of positions in the structure of the institution to 510 employees, from the 610 positions set late 2006.

Theodor Stolojan Would Refuse Romanian Ctrl Bk Headship

17:49, 25 Ian. 2008
Theodor Stolojan, vice-president of the Democratic Liberal Party, Friday said he is not interested in becoming governor with Romania’s central bank BNR stating that the person to occupy this position needs to have “thorough knowledge in the field.”

Romanian Govt Finds Breaches At Financial Guard

17:45, 25 Ian. 2008
Romanian county control services, as well as commissariats of the Environment Guard, the Financial Guard and the inspectorates in constructions, are violating over 20 work rules, storing confiscated goods in gyms and making mistakes in literature, which allow fined companies to win in court.