penalties

Romanian Public Road Authority Claims EUR40M In Penalties From Contractors

Romania's public road authority CNADNR claimed penalties of about EUR40 million, between September 2010 and March 2011, from nine domestic and foreign companies, including Colas, FCC Construccion and Astaldi, for various violations.

Romania To Stop EC Infringement Procedures Over Tax Evasion Law Before Penalties – Fin Min

Romania’s recently adopted ordinance against tax evasion has determined the European Commission to start infringement procedures, which local authorities will try to stop before any penalties are enforced, Finance Minister Sebastian Vladescu said Tuesday.

EC Report: Penalties For Top-Level Corruption In Romania Too Lenient

The European Commission’s interim justice report on Romania, released Tuesday, notes the good track record of the country’s Anticorruption Department (DNA) and an increase in convictions for high-level corruption, but states convictions continue to be too lenient.

Romania Ups Penalties For Early Retirement To 45% From 30%

Romanian Labor Minister Mihai Seitan said Thursday the country's new pension law increases penalties for early retirement to 45% from 30%, adding the number of people taking early retirement pensions has tripled since 2001.

Romanian Execs Afraid To Claim Penalties For Late VAT Refunds – Survey

Only 3% of Romanian companies that filed for value added tax refunds have also requested penalty interest for payment delays, fearing potential repercussions from the authorities, according to a survey conducted by Deloitte Romania.

CFR Cluj Win Romanian Supercup After Penalties

CFR Cluj lift Romania’s Super Cup winning over Unirea Urziceni on Sunday night after a tense penalty shoot-out, the match having finished 1-1 after both full and extra time.

Arbitration Court Lifts Penalties Against Steaua – Club Owner

The Arbitration Court of Romania’s Football Federation (FRF) on Thursday lifted the sanctions against FC Steaua Bucharest and annulled the 7-point penalty against the club, club owner Gigi Becali said.