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Romanian Govt To Set Up Social Fund Sponsored By Local Gas Cos

The Romanian government will set up a social fund voluntarily sponsored by local natural gas producers and distributors, with the sums obtained by the gas price hike in 2009, ministerial sources told Mediafax Friday.
Romanian Govt To Set Up Social Fund Sponsored By Local Gas Cos
03 apr. 2009, 11:36, English

The destination of the funds will be subsequently decided by government decision.

The collected sums will be considered limited-deductibility expenses for the companies.

The amounts will be collected monthly in the state budget’s revenue account.