On June 1st, Heineken Romania and Haber SA Haţeg have concluded a merger project, by which the former will absorb the latter. Haber SA is a company traded on the Rasdaq. The shareholders of the two companies had approved the merger process ever since April, according to an announcement published in the Official Gazette. read more...

Authorities in Bucharest will demand that European Commission to conduct an updated study on the impact of labour market liberalization over EU member state economies in an attempt to push for a lift of restrictions for Romanian workers, a document of the executive reads quoted by news agency Mediafax. read more...

The government committed to cease any extension of management contracts at state owned companies after January 1, 2012 and the selection will be international, as HotNews.ro exclusively wrote. The intent letter of the government reads that not just CEO positions will be out on the market but also the positions of financial directors. The new managers will have the liberty to operate the modifications they will see fit. read more...

The Government of Romania is expecting an economic growth of 1.5 percent in 2011 and of 3.75 percent in 2012, on solid exports and gradual recovery of domestic demand, according to a letter of intent of the Romanian Government to the International Monetary Fund (IMF). read more...

Romanian President Traian Basescu raised a wave of dissatisfaction in the Russian Foreign Affairs ministry following his statements according to which he would have done like Ion Antonescu back in 1941 and sent Romanian soldiers to cross the Prut river against Russia. read more...

It seems that some are sensitive even when talking about history, Romanian President Traian Basescu said on Thursday, commenting the statements made by the Russian Foreign Affairs ministry who criticized the Romanian chief of state for his insolence related to the statements related to the attack of the USSR in 1941. read more...