The aim of the motion is, in essence, to block the recovery of te 15% of the 25% salary cut from salaries, PM Boc said in the Parliament. read more...

Romanian lawmakers on Monday started debates on the no-confidence motion over the wage law for 2011, submitted in parliament by opposition liberals and social democrats last week, after Prime Minister Emil Boc sought a confidence vote to pass the bill into legislation. read more...

The Romanian opposition's no-confidence motion over the public sector wage frame-law will be read on Monday and debated Thursday morning, the Parliament decided. read more...

Nokia and Dacia companies, which generate more than 10% of Romania's exports, have nearly 4,000 temporary employees, with the two companies at the same time being the biggest employers to use the benefits of temporary workforce. read more...

The nearly 1.5 million drivers who renew their auto liability insurance (RCA) in December-January can get their premiums cut by up to 25% or can pay in instalments. Between 30 and 40% of auto liability insurance policies expire during this period. read more...

Businessman Gruia Stoica, who controls Grup Feroviar Român GFR), the biggest private railway operator on the Romanian market, a part of Grampet, took over the rolling stock and 350 employees of Rompetrol Logistics (RPL), a company held by KazMunaiGaz. read more...

The Parliament's budget-finance committees passed the draft laws on the state budget and social security budget in just two days, accepting only minimum concessions compared to the 11,000 amendments submitted by the opposition. read more...

The state's three-year foreign market funding programme worth around 7 billion euros is on the finishing straight after the Finance Ministry hired law firm consortium formed of local firm Radu Tărăcilă Pădurari Retevoescu and British group Allen&Overy to provide legal assistance. read more...

Whereas 2009 was the year of discount chains, this year it was supermarkets' turn to become the most dynamic segment in modern retail. 2010 saw the opening of more than 40 supermarkets, with the most active players on this segment being Mega Image with 21 stores in 2010, Billa with 13 and Carrefour with 10, according to ZF data. read more...

Six of the best-selling import brands in Romania, as well as Dacia, the local brand, saw their market share expand this year, according to statistical data provided by car market players, though sales followed a downward trend. Two of the top ten brands, Opel and Chevrolet, also reported rising sales, though. read more...

Volksbank, the sixth largest bank domestically in terms of assets, is one step away from renting a space of around 7,000 square metres in Nusco Tower office building of Bucharest, close to Aurel Vlaicu underground station, according to ZF information. read more...

Romanian actress Rodica Tapalaga died Sunday at 71, after a long illness. Her son, Barbu Popescu, said the actress was suffering from a number of illnesses, the most severe of which was collagenosis. read more...

Apple iPhone 4, one of the world's best-selling smartphones, is being used by Cosmote and Vodafone mobile telephony operators as a means of keeping and attracting high-income clients, reveal the commercial offers published by the operators. read more...

The Romanian women's national handball team defeated 16-15 (9-7) Denmark in the third place playoff of the European Championship. read more...

The Romanian Parliament’s budget and finance committees on Sunday adopted with 25 votes in favor and 21 votes against the report on the draft state budget law for 2011. read more...

The Romanian Parliament’s budget and finance committees on Sunday approved with 25 voted in favor and 21 votes against the report on the draft social security budget law for 2011. read more...

Romanian employer organizations UGIR-1903 and CONPIROM on Sunday presented a proposition which allows companies to pay their debts to the state budget in tranches in an interval of five years and implements a series of measures to support firms that do not register debts to the state budget. read more...

Romanian opposition social democrat and liberal lawmakers Saturday afternoon decide to return to the meeting of the Parliament’s budget and finance committees debating the draft 2011 state budget, after they had left debates and caused the meeting to be suspended. read more...

The Alliance of Employer Confederations in Romania (ACPR) rejects as illegitimate the private sector national collective work contract signed Friday by unions and four employer confederations, the alliance said in a press release Saturday. read more...

The Social Democrats plan to block the promulgation of the law on salaries by postponing debates on the motions of censure that were submitted by the Opposition. According to Parliamentary sources, the opposition intentionally missed Friday the meeting in the Parliament when the second motion of censure was supposed to be read. read more...