English

Romanian Leu Exch Rate Hits 10 1/2 Months High At 4.1439 Vs Euro

13:33, 22 Mart. 2011
Romania’s leu extended early gains against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.6% on the day to 4.1439 units, from 4.1685 units a day earlier.

Terrorism Convict Omar Hayssam In Syrian Prison Since 2008 – Lawyer

13:25, 22 Mart. 2011
Omar Hayssam, convicted of terrorism in Romania, has been in a Syrian prison since 2008, carrying out a four-year sentence for crimes against national security, said Ion Cazacu, his lawyer in another case, adding that he has an official Syrian document to prove this.

Romanian Railway Workers Call Off Strike Planned To Start Wednesday

12:48, 22 Mart. 2011
Romanian railway workers have called off a full-blown strike planned to start Wednesday as the transport minister announced the budgets of the country’s three state-owned railway companies have been approved.

Romania Beer Sale Volumes Down 3.5% In 2010, At 17M Hl

12:13, 22 Mart. 2011
Beer sale volumes in Romania dropped 3.5% year-on-year in 2010, at 17 million hectoliters, due to the unstable economic environment, according to Brewers of Romania Association.

Romanian Integrity Agency Checks Wealth Of MEP Adrian Severin, Accused Of Corruption

11:00, 22 Mart. 2011
Romania’s National Integrity Agnecy (ANI) is checking the wealth of Romanian MEP Adrian Severin, accused of lobbying in exchange for money.

Romanian Transport Minister To Decide Train Ticket Price – Draft

19:34, 21 Mart. 2011
Romanian train and subway ticket prices will be changed through an order of the minister of Transport, not according to inflation, to improve the liquidity of the responsible state-run companies.

Romanian Corruption-Accused MEP Suspends Himself From Social Democratic Party’s Standing Office

14:27, 21 Mart. 2011
Romanian MEP Adrian Severin, accused of corruption, announced Monday he is suspending himself from the Social Democratic Party’s standing office until the situation is clarified.

Bucharest Housing Mkt To Recover, But Not Fully, In ’11 – Survey

13:35, 21 Mart. 2011
The residential markets in Bucharest and Sofia will not be able to make a complete recovery this year, while Warsaw and Prague will be the most attractive locations in the Central and Eastern Europe, Polish real estate company REAS said in a survey compiled in partnership with Jones Lang LaSalle.

Anticorruption Prosecutors To Examine Case Of Romanian MEP Accused Of Corruption

13:08, 21 Mart. 2011
The Romanian National Anticorruption Department (DNA) will investigate the case of Romania MEP Adrian Severin, after Romanian and international media reported on his alleged involvement in a corruption case, DNA spokeswoman Livia Saplacan told MEDIAFAX Monday.

About 70% Of Bucharest Holiday Market Fair Visitors Bought Holiday Packs Abroad

11:48, 21 Mart. 2011
About 70% of tourists who bought holiday packs at the Holiday Market tourism fair, which took place between March 17 and 20 in Bucharest, chose foreign destinations, Romania’s National Agency of Tour Operators (ANAT) said in a press release Monday.

Romanian Sea Coast Hotel Operators Forced To Stay Open Throughout Summer Season

10:31, 21 Mart. 2011
Operators in the Romanian tourism industry will have to keep accommodation units on the Black Sea shore open throughout the entire summer season, from May 1 to October 1, and rehabilitate the units, the Government decided in a Cabinet meeting Sunday.

Romania’s Stance On Libya Depends On NATO – President

08:09, 21 Mart. 2011
Romanian President Traian Basescu said on public television Sunday evening Romania has no reason to state an official position on Libya and will only act under the NATO umbrella.

Romanian Ministry Employees Received Over EUR110M In Bonuses Last Year

14:33, 20 Mart. 2011
The employees of Romania's ministries last year received bonuses and financial incentives worth more than 460 million lei (EUR1=RON4.1683) for "dangerous working conditions," working at night, or "exposure" to high frequency electromagnetic fields.

Romanian Tax Auth To Check Journalists, Artists, Freelancers On VAT Payment

14:32, 20 Mart. 2011
Romania’s tax authority ANAF has started checking individuals who gained income between 2006 and 2010 from independent activities, copyright and collaboration contracts above the cap allowing VAT exemptions.

Romania’s Lucian Bute KOs Brian Magee, Keeps IBF Title

10:37, 20 Mart. 2011
Romanian Lucian Bute kept his IBF super middleweight title Sunday, knocking out Irish Brian Magee, at the Centre Bell in Montreal, Canada.

Romania 2010 Exports Post Fourth Largest Increase In EU

14:48, 18 Mart. 2011
Romania posted last year the fourth largest increase in exports and the ninth greatest increase in imports in the European Union, EU's statistics office Eurostat said Friday.

Romanian Telecom Operator Romtelecom To Offer Free Phone Calls To Japan

14:03, 18 Mart. 2011
Romanian telecom operator Romtelecom’s clients will be able to make free phone calls to quake- and tsunami-shattered Japan starting Saturday for 30 days, Romtelecom said in a press release Friday.

IMF Board Analyzes New Agreement With Romania On March 25

13:41, 18 Mart. 2011
The Executive Board of the International Monetary Fund will discuss on March 25 the final review of the EUR13 billion stand-by loan for Romania and the terms of a new agreement with the Eastern European country.

Romanian Leu Exch Rate Hits Fresh High At 4.1683 Vs Euro

13:39, 18 Mart. 2011
Romania’s leu kept part of its early gains against the euro in mid trade Friday and the central bank’s reference firmed to a new nine and a half months high at 4.1683 units, from 4.1788 units in the previous day.

Romanian Environment Minister Says Nuclear Plants Must Undergo Harsher Tests

12:45, 18 Mart. 2011
Romanian Environment Minister Laszlo Borbely said Friday on Radio France International tests for nuclear plants need to be more extensive after the situation in Japan, adding he is confident Romania’s nuclear plant would pass the tests and risk of radiation contamination is low.

Romanian Woman Diagnosed With AH1N1 Flu Dies In Hospital

12:39, 18 Mart. 2011
A 28-year-old woman in Brasov, central Romania, diagnosed with AH1N1 flu, died in hospital Thursday evening.

Romanian Carmaker Dacia Sells 4 Millionth Car

12:01, 18 Mart. 2011
The car factory in Mioveni, southern Romania, has made four million Dacia cars so far, the Romanian carmaker, owned by France’s Renault, said in a press release Friday.

Romanian Govt Approves Norms To Apply Act Checking High Wealth Individuals

17:48, 17 Mart. 2011
The Romanian Government on Thursday approved the norms concerning the application of the normative act on checking high wealth individuals, said Government spokeswoman Ioana Muntean.

Romanian PM Calls For Humanitarian Aid For Quake-Hit Japan – Sources

16:44, 17 Mart. 2011
Romanian Prime Minister Emil Boc called on Interior Minister Traian Igas and Foreign Minister Teodor Baconschi to put forward a normative act granting humanitarian aid to quake- and tsunami-shattered Japan, people close to the matter told MEDIAFAX Thursday.

Romanians Refusing Job, Training May Lose Social Benefits – Draft

16:37, 17 Mart. 2011
Welfare recipients, who turn down a job and refuse to take part in professional training classes or other programs designed to stimulate employment, may lose their benefits, according to the draft law on social assistance in Romania.

Romanian Employers Must Create Personal File For Each Employee – Draft

16:07, 17 Mart. 2011
Employers will have to create files for each of their employees and provide copies of the documents within 15 days of the worker's request, says a draft decision of the Romanian Government regarding the general employee registry.

Petrom: Romania Should Free Gas Market For Companies First, Protect Households

14:03, 17 Mart. 2011
Romanian oil company OMV Petrom (SNP.RO) proposes the allocation of only locally made natural gas to household consumers, coupled with the liberalization of gas prices for industrial consumers.

Romania 6-Mo Economic Outlook Improves In March – Survey

13:49, 17 Mart. 2011
Romanian economic outlook for the next six months improved in March, propelling the country to the third spot among the best business destinations in Central and Eastern Europe, a ZEW/Erste survey showed Thursday.

Romania Leu Exch Rate Hits Fresh 9-1/2 Month High At 4.1788 Vs Euro

13:37, 17 Mart. 2011
Romania’s leu recovered early losses against the euro in mid trade Thursday and the central bank’s reference firmed to a new nine and a half months high at 4.1788 units.

Romania Apartment Rents Fall 12% In 6 Months On Higher Supply

13:26, 17 Mart. 2011
Apartment rents in Romania fell by up to 12% in March compared with September as owners preferred to rent out dwellings rather than sell them, according to a survey of property website imobiliare.ro.

Mohammad Munaf Sentenced In Romania For Terrorism Wanted By Interpol

12:29, 17 Mart. 2011
Interpol issued an international wanted person notice for Iraqi-American citizen Mohammad Munaf, sentenced to ten years in prison by a Romanian court in 2008 for his role in the kidnapping of three Romanian journalists, the Romanian Justice Ministry said Thursday.

Romanian Opposition Challenges Labor Code At Constitutional Court

11:46, 17 Mart. 2011
Romania’s opposition Social Liberal Union on Thursday challenged the constitutionality of the country’s new Labor Code, adopted Wednesday as the Government survived a vote of no-confidence in Parliament.

Romanian Govt Survives No-Confidence Motion, New Labor Code Adopted

06:51, 17 Mart. 2011
Romania's Government on Wednesday survived a motion of no-confidence filed by the opposition, which failed to acquire the necessary votes, meaning the amended Labor Code is closer to becoming law.

Romania’s Petrom To Cut Gas Prices By RON0.04/Liter

19:53, 16 Mart. 2011
Romania’s largest oil company OMV Petrom (SNP.RO) will cut Thursday its gasoline prices by 0.04 lei (EUR1=RON4.1816) per liter.

Romania OKs Six Bids For Petrom Sale Brokerage – Sources

18:08, 16 Mart. 2011
The technical offers filed by six consortiums were accepted Wednesday in the auction for a broker to sell 9.84% in oil company OMV Petrom (SNP.RO), people close to the matter told MEDIAFAX.

Romanian Unionists End Protest Over New Labor Code

16:52, 16 Mart. 2011
Romanian unionists, who gathered near the Parliament Palace in capital Bucharest to support the opposition’s no-confidence motion over the new Labor Code, ended their protest two hours earlier than initially announced by organizers.

Romanian Govt Faces No-Confidence Vote

16:02, 16 Mart. 2011
The Romanian Parliament on Wednesday started debates on the no-confidence motion submitted by the opposition over the country’s new Labor Code for which the Government sought lawmakers’ vote on confidence last week.

Romanian Beekeepers To Receive EUR7M In Subsidies Annually

15:01, 16 Mart. 2011
The Romanian Government on Wednesday decided to grant EUR7 million in annual financial aid to beekeepers to increase the number of bee colonies.

Romania Posts Highest Annual Inflation In EU For 7th Straight Month

13:26, 16 Mart. 2011
Romania posted the highest inflation in the European Union for the seventh consecutive month in February, while the EU's average rate was stable at 2.8%, statistics office Eurostat said Wednesday.

Railway Traffic In Romania Resumed As Workers End Protest

10:13, 16 Mart. 2011
Romanian railway workers have ended their two-hour warning strike Wednesday at 9 a.m. and trains halted during the protest have resumed their routes.