Radu Bostan

EP Might Renew Support For Romania’s Schengen Area Accession

15:27, 11 Oct. 2011
The European Parliament might reiterate this week its support for the accession of Romania and Bulgaria to the Schengen Area.

Romania To Return VAT Worth A Total RON1.61B In October

18:21, 10 Oct. 2011
Romanian tax authority ANAF on Monday said it will return value added taxes worth a total 1.61 billion lei (EUR373.9 million) in October, including RON363 million in compensations.

Romania Provided EUR300M In State Aid To 20 Major Investments – PM

17:29, 07 Oct. 2011
Romania has provided EUR300 million in state aid for 20 investment projects worth more than EUR1.1 billion, through an aid scheme approved by the European Union, Prime Minister Emil Boc said Friday in a business forum in Timisoara.

Romanian Govt Prepares Poultry, Pig Welfare Legislation

21:01, 05 Oct. 2011
Romanian farmers will receive financial aid in the amount of EUR200 million in 2011-2012, for the diesel fuel used in their activity, among other things, and the authorities are also preparing an act on "the welfare of poultry and pigs," according to Prime Minister Boc and the Minister of Agricultur

Romanian National Competitiveness Council To Develop Economic Strategy

19:39, 05 Oct. 2011
Romania's Government will create the National Competitiveness Council, whose task will be to develop a new economic strategy concerning competitiveness and to present reports on "the economic competitiveness dynamic" twice a year.

Romania To Access EU Funds To Assist Nokia Plant’s Redundant Personnel

18:59, 05 Oct. 2011
Romanian Labor Minister Sulfina Barbu will be in Cluj county on Thursday to discuss accessing EU funds for the Nokia plant's employees with the County Employment Agency (AJOFM) and the company's management, Prime Minister Emil Boc announced.

Romanian Govt Plan For 2012 Elections: 200 MPs From Constituencies, 100 From Party Lists

20:03, 04 Oct. 2011
Romania's 2012 parliamentary elections will use the mixed-member proportional representation system, whereby 200 MPs will be elected by their constituencies and the remaining 100 will be allotted seats according to their party's score, says a government document obtained by ProTV.

Romanians Remain Cautious About Online Shopping – Study

18:00, 04 Oct. 2011
Romanians are cautious regarding online shopping, believing it a risky process, says the study of Internet users, by Gemius Group.

Romania To Revise 2012 GDP Forecast On Exports Slowdown – Ctrl Bk

16:32, 04 Oct. 2011
Romania is set to revise its economic growth forecast for 2012, as exports are expected to advance at a slower pace than in 2011, central bank governor Mugur Isarescu said Tuesday.

EC Opens Infringement Proceedings Against Romania Over Energy Market Legislation

10:14, 30 Sept. 2011
The European Commission has opened infringement proceedings against Romania and other member states for failing to transpose two directives, regarding the electricity and natural gas markets, and the Economy Ministry expects the process to be stopped in two months, when the rules are adopted.

IMF Approves EUR480M Disbursement To Romania

20:01, 29 Sept. 2011
The International Monetary Fund Thursday completed the second review of Romania’s economic performance under a EUR3.5 billion precautionary loan agreement, enabling the disbursement of a new EUR480 million tranche.

Romanian Government Calls Special Meeting On Nokia Plant Shutdown

16:35, 29 Sept. 2011
Romania's Government has called a meeting for Thursday evening to discuss mobile phone manufacturer Nokia's decision to close its plant in Jucu, Cluj county, people close to the matter told MEDIAFAX.

Romanians May Drive Cars Registered Abroad Only 90 Days – Draft

14:36, 29 Sept. 2011
Romanian residents may not drive cars registered in other states for periods longer than 90 days, or for more than three months per year, says a draft act amending the law regarding traffic on public roads, up for debate on the Interior Ministry's website.

Romanian Gyms To Require Authorization From Anti-Doping Agency

21:46, 28 Sept. 2011
Romanian gym owners will be required to obtain a certificate from the National Anti-doping Agency, valid for three years, through an application that must be filed within six months, according to a Government decision.

Romanian Senate Committee Approves Act Cutting State Heating Aid With Tied Vote

15:59, 27 Sept. 2011
The Romanian Senate's committee for administration on Tuesday adopted a favorable report on the government ordinance eliminating state subsidies for household heating, although the vote was tied.

SW Romania Mine Shut Down Because Of Incident In Closed Shaft

14:22, 27 Sept. 2011
The miners at Uricani, southwestern Romania, were brought to the surface Tuesday after an incident in a closed shaft, without anyone being hurt, mine officials said.

Romanian Clunkers Program Vouchers To Expire After November 23

19:49, 26 Sept. 2011
The vouchers issued by Romania's Environment Fund Administration in 2011 through the clunkers program will expire after November 23, Environment Minister Lazlo Borbely warned Monday.

Romanian Wanted Fugitive Ioan Clamparu Caught In Spain – Sources

16:59, 22 Sept. 2011
Ioan Clamparu, convicted in absentia to 13 years in prison and wanted by Romanian authorities for eight years, has been apprehended in Spain, people close to the matter told MEDIAFAX on Thursday.

Romania, Belgium Sign Agreement To Modernize Bucharest’s Main Railway Station

15:54, 22 Sept. 2011
Romanian Transport Minister Anca Boagiu and Belgian state secretary for Mobility Etienne Schouppe on Thursday signed a memorandum for cooperation in transport, concerning, among others, the modernization of Bucharest's Gara de Nord train station.

Dutch Govt Confirms Opposition To Romania’s Schengen Accession

13:52, 22 Sept. 2011
The Netherlands on Thursday confirmed its opposition to the accession of Romania and Bulgaria to the Schengen Area, according to AFP.

Romanian Life Insurers To Provide Prospective Clients With Extra Information

20:48, 21 Sept. 2011
Romanian insurance companies and brokers will provide their prospective clients with additional information before signing them up for a life insurance policy, as of Wednesday, according to new rules issued by regulator CSA.

Romanian Court-Won Wage Rights To Be Paid In Tranches Until End-2016 – Draft

18:00, 21 Sept. 2011
The Romanian Chamber of Deputies committee for the budget decided Wednesday to extend the payment period for wage rights won in court by public sector employees until December 31, 2016, from December 31, 2012, and also to change the value of their yearly tranches.

Romanian Petromservice Fmr Managers Indicted For Embezzlement

16:39, 21 Sept. 2011
Two former managers of Romanian oil company Petromservice have been indicted for embezzlement, along with three other people charged with money laundering, the five having caused damage to the company worth more than EUR8.5 million, according to prosecutors.

Romania Is Net Beneficiary Of EU Funds – Minister

15:39, 21 Sept. 2011
Romania's Minister of European Affairs, Leonard Orban, said the difference between the funds Romania received from the EU between January 1, 2007 and June 30, 2011, and its contribution to the EU's budget is more than EUR4.9 billion.

Dutch Flower Transports Without Papers To Be Destroyed – Romanian Agric Min

18:32, 20 Sept. 2011
Checks on the flower transports from the Netherlands stopped in Romanian customs have turned up one or two shipments without plant health passports, which will be destroyed, said Romanian Agriculture Minister Valeriu Tabara on Tuesday, adding that there are also suspicions of tax evasion.

Romania To Set 2012 GDP Growth Target In October, In Talks With IMF – PM

17:33, 20 Sept. 2011
Romania's economic growth forecast, used in drafting the state budget for next year, will be determined by the Government in October, through consultations with the International Monetary Fund, European Commission and World Bank, Prime Minister Emil Boc said Tuesday.

Ministry Of European Affairs Can Prevent Romania From Losing EU Funds – PM

13:47, 20 Sept. 2011
The Ministry of European Affairs will give a boost to EU fund absorption and prevent Romania from losing these funds, therefore the Parliament's vote to create the new ministry is in the country's interest, said Prime Minister Emil Boc.

Romanian Authorities Seized 12 Trucks Carrying Flowers From Netherlands

18:07, 19 Sept. 2011
Romanian authorities checked 15 trucks carrying seeds and flowers from the Netherlands in the last four days, seizing 12 transports and returning three to the supplier, fiscal regulator ANAF announced Monday.

Google Romania Becomes Full Member Of IAB Romania

14:19, 19 Sept. 2011
Google Romania is a full member of Internet advertising association IAB Romania, as of Monday, according to a press release.

RFI: Netherlands Block Romania, Bulgaria From Schengen Accession

19:51, 16 Sept. 2011
The Netherlands decided Friday to block the accession of Romania and Bulgaria to the Schengen Area, which could have begun in a few months, says Radio France Internationale (RFI).

Romania To Use Significant Share Of EU Funds For Building Thermal Rehabilitation – PM

19:40, 16 Sept. 2011
Romania's Government plans to use a significant part of EU funds to support the building thermal rehabilitation program and will ask the authorities involved to better publicize the incentives for homeowners who begin such projects, said Prime Minister Emil Boc.

Romania’s Wheat Production Exceeds 8 Mln Tons – Agric Min

16:09, 16 Sept. 2011
Romanian Agriculture Minister Valeriu Tabara said Friday that the country's wheat production this year exceeds eight million tons, of which four million tons can be exported.

U.S. Ambassador: Romanian President Discussed F16 Purchase In Washington

17:55, 15 Sept. 2011
U.S. Ambassador Mark Gitenstein said Thursday that one of the issues discussed by Romanian President Basescu in the USA was the purchase of F16 fighters, possibly through a regional agreement.

Dacia To Move Part Of Sandero Production To Morocco, To Build More Dusters In Romania

18:49, 13 Sept. 2011
Carmaker Automobile Dacia will move part of its Sandero model production from Mioveni, Romania to the Renault factory in Casablanca, Morocco, in order to expand production of the Duster model, said Jacques Chauvet, Renault manager for the Euromed region and Dacia chairman.

Bitdefender Delays Listing Plans After 2012

17:26, 13 Sept. 2011
Shareholders of IT security solutions provider Bitdefender are still considering listing on the bourse, probably after 2012, when the company will have “consistent value”, Tuesday said Florin Talpes, president of the Softwin group of companies.

Romanian Tourism Min Wants To Privatize Government Hotels

14:28, 13 Sept. 2011
Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony Administration (RA-APPS).

Romanian Economy Ministry Announces First Cos To Have Private Management

16:15, 11 Sept. 2011
Hidroelectrica, Oltchim, SNLO, Electrica Furnizare and Romarm are the first companies under the authority of the Romanian Economy Ministry to have private management, according to an official announcement.

Romania’s New Civil Code To Enter Force On October 1

17:31, 09 Sept. 2011
Romania's new Civil Code, regarding property and non-property relationships between individuals, is to enter force on October 1.

Romania Tourism Revenue Down 10% In Summer ’11, Despite Activity Hike

19:24, 08 Sept. 2011
Corina Martin, head of the Romanian Tourism Agency Association and of the "Litoral-Delta Dunarii" Association, said Thursday that hotel revenues were 10% lower this summer compared to last year, despite a slight increase in the number of tourists.

Romanian Govt Might Approve Letter Of Intent To IMF Next Week

21:12, 07 Sept. 2011
Romania's Government plans to convene a meeting for the beginning of next week, to approve the final draft of the letter of intent agreed upon with the International Monetary Fund, European Commission and World Bank in this summer's evaluation mission, people close to the matter told MEDIAFAX.