Oana Gavrila

Chinese Investors Vow To Bid For Romanian Projects

14:03, 13 Aug. 2011
Chinese investors have assured the Romanian Government they will bid for major investment projects in Romania and will offer low prices for works and also inquired about state aid options.

Romanian Public Wage Rights Kept Intact This Year, Decided Through Budget In 2012 – PM

14:09, 12 Aug. 2011
Romania's fiscal strategy was agreed upon with the EU and IMF, and does not affect current public wages or pensions, but the value of these payments in 2012 will be set through next year's budget and wage law, according to developments on foreign markets, Prime Minister Emil Boc said Friday.

Romanian President Supports Govt’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs

13:15, 12 Aug. 2011
Romanian president Traian Basescu said Friday he supports the Government’s recently adopted fiscal strategy, adding Romania would default if it keeps borrowing money to pay wages and pensions.

Owner Offers $100,000 Reward To Recover Gold Jewelry Stolen From Car In Romania Tuesday

11:05, 12 Aug. 2011
The owner of the jewelry store whose car was robbed of nearly 30 kilograms of gold jewels on a Romanian highway earlier this week is offering a $100,000 reward for information leading to catching the thieves and recovering the jewels.

EC Accepts Spain’s Request To Restrict Labor Market Access To Romanian Workers Until End-2012

13:14, 11 Aug. 2011
The European Commission on Thursday approved Spain's request to restrict its labor market to Romanian workers until December 31, 2012 due to serious disturbances on its labor market, the EC said in a press release.

EU May Call On Spain To Lift Labor Restrictions For Romanians Anytime – Sources

14:55, 10 Aug. 2011
Spain will not be allowed to decide unilaterally when to lift restrictions for Romanians main workers on its labor market and the European Commission may ask for the restrictions imposed on July 22 to be lifted anytime, official sources told MEDIAFAX Wednesday.

Bucharest To Have New Multi-Purpose Sports Center By 2013 For RON260M

13:34, 10 Aug. 2011
Romania’s Ministry of Regional Development and Tourism will build a multipurpose sports center in capital Bucharest by 2013, which will seat 16,000 people and cost 260 million lei (about EUR60 million), according to a draft Government decision.

Romanian Police: Three People Took 22.7 Kg Of Jewels From Car At Gunpoint

13:49, 09 Aug. 2011
A car was held up Tuesday morning on the Bucharest-Pitesti highway in southern Romania by three masked individuals, who took, at gunpoint, 22.7 kilos of jewels and the car keys, then drove off toward Pitesti, the Police said.

Romanian Transport Minister: About 130 Km Of Highway To Be Finished This Year

14:41, 05 Aug. 2011
Romania’s Transport Minister Anca Boagiu said Friday about 130 kilometers of highway will be finished in 2011, to include highway sectors Timisoara-Arad, Medgidia-Constanta and Bucharest-Ploiesti, as well as the beltways of cities Arad (W) and Constanta (SE).

Leu Trades At 4.2419 Vs Euro, Hits New Record Low Vs Swiss Franc

13:52, 05 Aug. 2011
Romania’s leu recovered slightly against the euro by mid-trade Friday, but the central bank’s reference weakened over 0.4% on the day to 4.2419 units, amid rising aversion to risk after weak economic data in the US and fresh concern over the European debt crisis.

Eighteen Arrested In Romania For Illegal Luxury Car Registrations

09:21, 05 Aug. 2011
The Bucharest Court has issued arrest warrants Friday morning for 20 people in case involving illegal registrations of luxury cars, of which 18 have already been taken into custody and two are still wanted.

Romania’s Fmr State Rail Company Manager Can’t Account For EUR3M In Wealth Statement – Agency

12:09, 04 Aug. 2011
The former general manager of Romania’s state-owned passenger railway company CFR Calatori, Alexandru Noaptes, and his wife are unable to account for about EUR3 million of their wealth, the country’s integrity agency ANI said Thursday.

Romanian Prosecutors To Reopen Fraud Cases Involving Businessman Sorin Ovidiu Vintu

11:56, 04 Aug. 2011
Romania’s General Prosecutors’ Office has canceled decisions not to start criminal investigations against businessman Sorin Ovidiu Vintu and will reopen old fraud cases on the collapse of the National Investment Fund and three banks in the 1990s, prosecutors said Thursday.

Voinescu: O alianţă PDL-PNL, posibilă când Crin Antonescu va eşua electoral

15:47, 03 Aug. 2011
Purtătorul de cuvânt al PDL, Sever Voinescu, a declarat, miercuri, pentru MEDIAFAX, că este de acord cu şeful statului că soluţia pentru România nu poate fi decât de dreapta şi a spus că PNL are şanse să-şi regăsească busola "când Crin Antonescu va eşua electoral", adică după alegeri.

Thirty-Seven Under Criminal Investigation In Romania For Illegal Luxury Car Registrations

13:44, 03 Aug. 2011
Thirty-seven people, including three employees of the auto registry office RAR, three police officers and a riot police officer, have been placed under criminal investigation in case involving illegal registrations of luxury cars, the General Anticorruption Department said in a statement Wednesday.

Romanian President Says Some State-Owned Companies May Go Bankrupt

14:31, 02 Aug. 2011
Romanian President Traian Basescu said Tuesday on public radio he does not rule out the possibility of several state-owned companies to go bankrupt, adding the Government does not have to always step in and save these companies.

Romania Must Walk The Wire, Carefully, Without Populism – President

14:23, 02 Aug. 2011
Romanian President Traian Basescu said Tuesday on public radio that "Romania has to walk the wire, carefully, without populism, but with pragmatism."

Romania To Raise Public Sector Wages 15% Next Year, Says Coalition Party Head

13:13, 02 Aug. 2011
Romania may raise public sector wages 15 next year, either at once or in tranches, Marian Sarbu, head of coalition party UNPR, told Radio France International Tuesday.

Romanian PM Not A Fan Of Rosia Montana Gold Mining Project

11:58, 02 Aug. 2011
Romania’s Government is waiting for expert opinions concerning the impact of the Rosia Montana gold mining project on the environment before making a decision regarding the investment, Prime Minister Emil Boc said Tuesday.

Romanian Postal Workers Protest Planned Layoffs, Threaten Full-Blown Strike Unless Co’s Revenues Rise 20%

11:56, 02 Aug. 2011
Some 1,500 Romanian postal workers are picketing the Communications Ministry Tuesday morning over planned layoffs from state-owned postal company Posta Romana and threaten to go on full-blown strike unless the company’s revenues increase 20% by yearend.

PM: Romania’s Ruling Coalition To Resume Talks On Country’s Administrative Reorganization

11:24, 02 Aug. 2011
Romania’s ruling coalition will resume talks on the country’s administrative reorganization starting next week, Prime Minister Emil Boc said Tuesday, adding that the decentralization process, which entails transferring duties from central to local authorities, will also continue.

IMF: Romania To Put 15 Companies Under Private Management

17:39, 01 Aug. 2011
Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday.

Reduced Govt Co-Financing Rate For EU Funds To Save Romania Up To EUR714M

15:00, 01 Aug. 2011
The European Commission's plan to reduce the co-financing that must be provided by six EU member states to access EU funds, to 5% from 15%, may save Romania as much as EUR714 million.

Maşina solistului de la Bere Gratis incendiată. Un bărbat audiat la Secţia 5

11:50, 01 Aug. 2011
Maşina solistului formaţiei Bere Gratis, Mihai Georgescu, a fost incendiată luni dimineaţă pe o stradă din Sectorul 1 al Capitalei, un bărbat care a revendicat fapta motivând o datorie veche fiind audiat de poliţiştii Secţiei 5.

IMF: Romania May Raise Public Sector Wages After More Job Cuts

11:47, 01 Aug. 2011
Even though the Government may consider there is room for public sector wage raises, Romania should only raise them following more job cuts layoffs, Jeffrey Franks, head of the International Monetary Fund mission to the country, said Monday.

Romania Is Having Best Farming Year In Last Five Years – EC Report

17:25, 28 Iul. 2011
Romania is having a good farming year, as its yield per hectare is above the average in the last five years for most crops, while the wheat, barley and potato harvests exceed last year's yield, according to the MARS Bulletin drafted by the European Commission's Joint Research Centre.

Nationwide Electrification Would Cost Romania EUR211M

14:46, 28 Iul. 2011
Romania would need to invest some EUR211 million to connect some 60,600 unconnected households to the national power grid, Thursday said Marian Geanta, development manager of state-owned electricity distributor Electrica.

Romania Can Halt Rosia Montana Mining Project Unless Developer Invests $70M In Preservation Works

14:18, 28 Iul. 2011
Romania can halt the gold mining project at Rosia Montana anytime unless the joint venture developing it, Rosia Montana Gold Corporation, invests $70 million in preservation works in the area, Culture Minister Kelemen Hunor told MEDIAFAX in an interview.

Romania To Provide Pensioners With Basic Food Products For Lowest Price Each Month

14:47, 27 Iul. 2011
The Romanian "solidarity basket" program, approved by the Government, will provide pensioners each month with a package comprising basic food products, like flour, sugar, oil, corn and rice, for the "lowest price possible."

Romanian Govt Starts Procedures To Sack 1,300 People In State-Owned Energy Cos

13:41, 27 Iul. 2011
Romania’s Government on Wednesday decided the start of procedures to lay off 1,300 employees of several state-owned energy companies this year, and laid off workers will get severance pay and unemployment aid until 2014.

IMF Says Romania Should Cut Red Tape Around Heating Subsidies – Minister

12:35, 27 Iul. 2011
Officials of the International Monetary Fund have recommended Romania to adopt a simplified scheme for heating subsidies and eliminate bureaucracy for this type of aid, Labor Minister Sebastian Lazaroiu said Wednesday after talks with the IMF delegation.

Romanian Labor Ministry, IMF Discuss Wage Law, Pensions, Social Assistance Code

12:06, 27 Iul. 2011
Romanian Labor Minister Sebastian Lazaroiu said Wednesday he discussed with the International Monetary Fund mission the public sector wage law to be enforced next year, the implementation of a new pension system and the country’s future social assistance code.

Romania Sets New World Record For Largest CPR Lesson

11:41, 27 Iul. 2011
Romania on Tuesday set a new world record for the largest CPR training class, as it gathered 7,402 participants on a stadium in Bucharest for a teaching marathon.

Mark Zuckerberg, cel mai puternic om din peisajul media în Marea Britanie

13:48, 25 Iul. 2011
Mark Zuckerberg, cofondatorul reţelei de socializare Facebook, este cel mai puternic om din peisajul media din Marea Britanie, în 2011, potrivit unui clasament întocmit de publicaţia The Guardian.

Romania Issues Thunderstorm, Gusty Wind Advisory For 16 Counties In S, SW, Central Regions

13:30, 25 Iul. 2011
Romanian meteorologists issued a yellow code advisory Monday expecting heavy rain, thunderstorms and gusty wind in 16 counties in the southern, southwestern and central regions of the country.

Romania To Implement Labor Market Measures This Fall, As Per IMF Agreement – Union Leader

14:32, 22 Iul. 2011
Dumitru Costin, head of the Romanian National Union Bloc (BNS), said Friday, after meeting with the International Monetary Fund delegation, that a measure package targeting the Romanian labor market will be implemented this fall, part of an agreement with the IMF and European Commission.

Boc: România nu este disperată să vândă acţiunile la Petrom la orice preţ şi în orice condiţii

14:22, 22 Iul. 2011
România nu este disperată la acest moment pentru a vinde acţiunile listate la Petrom la orice preţ şi în orice condiţii, a declarat, vineri, premierul Emil Boc.

Romanian Unionists, IMF Delegation Talk About Energy Market, Privatization Of State Cos

14:14, 22 Iul. 2011
Romanian National Union Bloc (BNS) leader Dumitru Costin said Friday talks between unionists and the International Monetary Fund delegation focused on problems concerning the energy market, the privatization of state companies and rehiring employees made redundant.

Romanian Prosecutors Start Criminal Investigation Against MEP Adrian Severin

12:24, 22 Iul. 2011
Romanian prosecutors have started criminal investigations against MEP Adrian Severin, who faces accusations of lobbying in exchange for money.

Liga Asociaţiilor Producătorilor Agricoli: Taxarea inversă a redus cu 70-80% vânzările de cereale „la negru”

16:04, 21 Iul. 2011
Vânzările de cereale pe piaţa nefiscalizată au scăzut cu 70-80% după introducerea taxării inverse, a declarat joi vicepreşedintele LAPAR, Nicuşor Şerban, care a adăugat că fermierii au nevoie ca statul să respecte termenul de rambursare a TVA, de 30 de zile.