contracts

Romania To Sign EU Financing Contracts Worth EUR250M For Infrastructure Projects By 2012

Romanian Transport Minister Anca Boagiu said that, by the end of the year, the ministry will sign European financing contracts worth EUR250 million for infrastructure investments, raising the total current value of contracts to EUR1 billion.

Romanian Labor Min: Over 120,000 New Work Contracts Have Ended

More than 730,000 new work contracts were signed in Romania since the new Labor Code took effect, on May 1, and 128,806 have already expired, as most were for registered day laborers, Labor Minister Sebastian Lazaroiu said Tuesday.

Romanian PM: Number Of New Work Contracts Confirm Economy Out Of Recession

Romanian Prime Minister Emil Boc said Thursday that 353,339 new work contracts were signed in May, bringing the total number of employment contracts to above the 2008 level and confirming that the economy has emerged from recession.

Romanian Transp Min Signs EUR693M Contracts For Corridor IV Highways

Romanian Transport Minister Anca Boagiu on Friday signed five contracts, worth a total EUR692.68 million (including VAT), for the design and construction of highway sections on Pan-European Corridor IV, the first of nine project packages that have been auctioned off.

Romanian Govt May Reject “Unusually Low” Public-Private Auction Bids – Draft

The Romanian Government may reject bids submitted on auctions awarding public-private partnership contracts, if the respective offers are “unusually low” and if data show investors will not be able to meet requirements.

Romanians Might No Longer Get Free, Compensated Medicine As Of April 1

Over 80% of family doctors in Romania have said they won’t sign frame agreement with health insurance houses in April, which means patients will no longer benefit from free or compensated drugs or referrals to specialized doctors.

EXCLUSIVE: Romania Govt To Ensure Consumer Loan Ordinance Won’t Affect Ongoing Contracts

The Romanian government agreed to work with the parliament to ensure that its emergency ordinance 50/2010 on consumer loans protects both consumer and bank rights, according to the country’s additional letter of intent to a EUR13 billion loan agreement with the International Monetary Fund.

Romania PM Warns Contracts For EU Projs Are Terminated Unless Terms Observed

Romanian Prime Minister Emil Boc Saturday warned local mayors and county council heads at a party meeting that contracts for EU-funded projects are to be terminated, regardless of political affiliation, unless contract terms are observed.

Romanian Firms Owned By Relatives Of Public Institution Heads Forbidden To Participate In Auctions

Romanian firms owned by people who are relatives up to the fourth-degree of employees who fill decision-making positions within public institutions will not be allowed to participate in auctions organized by these authorities.

Some 7M Romanian Lending Contracts To Undergo EU Imposed Amendments

The amendment of the Romanian legislation on the loans taken out by individuals will have an impact on over seven million contracts concluded with banks, according to consumer protection authority (ANPC) president Constantin Cerbulescu.

Public Work Contracts Won’t Be Allotted More Than 10% Extra Funds – Romanian Tourism Min

Romania’s Tourism and Regional Development Minister Elena Udrea said Thursday the ministry decided that contracts signed following public auctions will not benefit from more than 10% fund increases, adding extra funds will have to be approved by the ministry’s technical and economic council.

Romanian Social Democrats Ask Pres To Clarify Involvement Military Contracts

Romanian Social Democratic Party spokesman Bogdan Niculescu-Duvaz said Traian Basescu still has to clarify his involvement in his brother’s dealings or the potential military contracts signed by the company with the state.

Romanian Police Terminated Nine Car Purchase Contacts, Cut Spending By Over 60%

The Romanian General Police Department (IGPR) decided to terminate nine contracts on the purchase of police cruisers, which translates into an over 60% cut in spending, IGPR head, quaestor Petre Toba, said Wednesday, adding none of these contracts were unfolded and no payments were made so far.

Romania To Finish ROP Contracts Two Yrs Ahead 2013 Deadline – Min

Romania’s Development Ministry plans to finish signing the contracts financed through the Regional Operational Program (ROP) by end 2011, two years ahead the deadline imposed by the EU, to avoid possible application problems, Minister Vasile Blaga said Wednesday.

Romanian Govt Eyes Cancelling Controversial Police Car Purchase Contracts

The Romanian Government decided to take legal action in a bid to cancel the contracts concluded, last year, between the Romanian Police and the company Ager Leasing, for the purchase of police cruisers, Government sources told MEDIAFAX.

Romanian PM Confirms Lower Taxes For Appeals To Public Contracts

Romanian Prime Minister Emil Boc confirmed that the Government has brought a new amendment to the public procurement law, at the request of the European Commission, adding the lack of this revision could have prompted the EU not to acknowledge Romanian legislation and EU fund auctions.

Contracts Inked By Romania’s Hidroelectrica To Be Made Public

The Romanian Ministry of Economy intends to make public the contracts concluded by state-owned power company Hidroelectrica with private energy traders, and will ask for approval from companies in this respect, energy market sources told MEDIAFAX Saturday.

Romanian Govt Ups Budget Allowances For Performance, Mandate Contracts

Budget allocations for mandate or performance contracts concluded by companies under the Ministry of Transport were increased by the Government through the budget revision. Some of the largest sums went to the units Romatsa and the Auto Registry.

National Road Co Sends Highway Gas Station Contracts To OMV, Rompetrol, Petrom

Romanian Road Company CNADNR sent the contracts on building gas stations on Bucharest-Cernavoda highway to oil companies OMV, Rompetrol and Petrom, and mobile gas stations will be operational in maximum 30 days, the company’s officials said Tuesday.

Sanitation Contracts In Bucharest Extended Illegally – Regulator

Contracts for sanitation services in Romania’s capital city Bucharest were extended with the breach of provisions in public procurement laws, the authority regulating and monitoring public procurement, ANRMAP, said following check-ups.

Romanian Privatization Authority To Reclaim Majority Stake In Two Companies

Romanian privatization authority AVAS will reclaim the majority stake within the companies Alimentatie Publica, in northeastern Romania’s Botosani and Textila Unirea in Bucharest, which were privatized before 2000, since the investors failed to pay the total acquisition price.