Members of Romania’s ruling coalition decided Monday the Government will back changes to the local election law to allow for mayors to be elected in a single round of elections, Culture Minister Kelemen Hunor told Mediafax. read more...

Romanian opposition Liberal Party president Crin Antonescu on Monday told a joint news conference with social democrat leader Victor Ponta that his party’s Standing Delegation will vote on forming a political alliance with the Social Democratic Party on February 5. read more...

Members of Romania’s ruling coalition decided Monday the Government should pass an emergency decree extending the deadline for the recalculation of military pensions until December 31, 2011, MP Kelemen Hunor told Mediafax. read more...

About one thousand Romanian military retirees gathered on Monday in the George Enescu square in capital Bucharest, protesting over the recalculation of military pensions, and left in a protest march to the Military Academy. read more...

Higher fuel prices will have tow main effects on Romanian drivers, who are expected to use their cars less and get cars that are more fuel-efficient, Brent Valmar, vice-president of the Romanian carmakers and importers association (APIA), said Monday. read more...

GE Energy, one of the most important companies in the renewable energy sector, will team up with Monsson Alba, developer of wind farms, for two new projects in Romania, which will add 35 MW of wind power to the national grid, reads a GE’s press release. read more...

Romanian President Traian Basescu was met with boos Monday morning in Iasi, eastern Romania, where he is attending celebrations of the 152-year anniversary of the Unification of Romanian principalities. read more...

Romanian President Traian Basescu said Sunday evening the Supreme Court’s ruling on military pensions must be observed and the recalculation process is suspended. read more...

Former minister and presidential advisor in the early '90s and banker for 14 years, Negriţoiu says his generation is to blame for Romania's recurring slippages. read more...

Romania's National Highway and National Roads Company (CNADNR) last year received the highest subsidies from the state, almost 1.6bn euros, being thus the institution that got the largest sum given that where its own funds accounted for just 13% (222m euros) of total sources it had. read more...

Car sales recorded an around 19% decline in 2010, according to statistics of the Automotive Manufacturers and Importers Association (APIA), to nearly 120,000 units, with the rate of decline being almost three times lower than the 2009 one. read more...

City Mall shopping centre, the first Bucharest mall that went bankrupt, has a new manager who took the reins last week, the fourth in five years, after the legal liquidator, Casa de Insolvenţă Transilvania (Transylvania Insolvency Firm-CITR) teamed up with Coldwell Banker real estate consultancy to rent and manage the project. read more...

Eight dialysis clinics owned by the specialised unit of Euromedic healthcare services group will be taken over by Fresenius Medical Care in Romania, as part of a 485m-euro international deal involving a total of 70 clinics. read more...

The salaries of the 460 employees of Generali Asigurări (Generali Insurance), one of the top 10 companies on the Romanian insurance market, are 6% higher than the market average. read more...

Violeta and Valerii Moraru, former stakeholders in Bere Azuga producer, currently owning Azuga Waters group, plan to enter the soft drinks market on short term and also start production of mineral water under the private labels of some major store networks. read more...

Bankers are unanimously betting lending to the private sector will resume growth in 2011, after two years of declines, though do it slowly, most probably at a one-digit pace. Only small players are hoping for two-digit rates. read more...

The floatation of Fondul Proprietatea (Property Fund-FP), scheduled for tomorrow, brings a series of novelties on the Romanian capital market, besides global accounts, which will smooth foreign funds' access to FP shares, with investors also due to have the possibility of operating short transactions. read more...

Romania's national road and highway authority CNADNR expects to earn 755.24 million lei (€1=RON4.2651) from road taxes this year, having earned RON669.73 million in the first 11 months of last year. read more...

Romanian meteorologists issued a code yellow snow and blizzard advisory for Bucharest and 24 counties in the southern part of the country, valid from Saturday 12 p.m. until Sunday – 11 p.m. read more...

New cars bought through the 2010 car fleet renewal program were acquired for an average of 2.8 vouchers for a new car; the total number of new vehicles was 63,000, out of which 27,000 represent domestic car-makes, Environment and Forests Minister Laszlo Borebely told a press conference in Medias, Sibiu County (central Romania), on Friday. read more...