Romania Raises Fines For Failure To Repair Buildings With High Seismic Risk - Draft

According to a draft decree drawn up by the ministry, fines will increase five times and will range between 2,500 lei (EUR583) and RON75,000, from RON500 - RON15,000 under current regulations.

Fines ranging between RON50,000 and RON75,000 lei will be applied to local authorities who fail to observe a two-year deadline to start repair works on buildings included in annual rehabilitation programs.

Owners of homes considered to have a high seismic risk must draw up rehabilitation plans within two years from receiving a notification, and carry out repairs within two years from drawing up the rehabilitation plan.

Technical inspection and repairs on buildings owned or administered by public institutions will be financed from their budget.

Firms will have to ensure the funds needed to finance repairs on buildings included in their portfolio.

In the case of homeowners, technical inspection costs will be covered from the ministry's budget and from local budgets. Design and repair costs will be covered by homeowners.

(EUR1=RON4.2855)

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