Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Anti-corruption best practices, safeguarding integrity and reputation are...

Anti-corruption best practices, safeguarding integrity and reputation are put in the spotlight for the business community

December 22, 2016
Read in full - click here
Romania keeps investigating alleged frauds that derailed presidential elections 

Romanian finance minister Tanczos Barna confirmed on January 9 that the tax collection agency ANAF, together with the judicial bodies, is investigating the financing of the electoral campaign of former presidential candidate Călin Georgescu, focusing on "the manner and flows of money that arrived from various sources." "It is an investigation alongside the judicial bodies, […]

Romania to decide on phasing off energy price capping scheme by end-January

Romanian energy minister Sebastian Burduja announced that he is considering extending the capping-compensation scheme, in its current form, for another 3-6 months after April 1, 2025 – when it was supposed to be phased off. The ministry is working on several scenarios, he said.  One of the scenarios is to keep the compensation-cap scheme for […]

Turkish exporters seek to bypass Bulgaria and use Romania’s ports instead

Turkish exporters want to use a new maritime route for their goods and are looking at Romania’s port of Constanta in the context of hundreds of trucks waiting for a long time at the border crossings with Bulgaria, especially at those at Kapikule and Hamzabeyli, according to Türkiye Today. ...

EC rejects request from Romania and Moldova for temporary CO2 certificates waiver

The European Commission has refused to grant a temporary derogation from the obligation to purchase greenhouse gas emission certificates (CO2) for natural gas and coal-fired energy produced by Romanian companies OMV Petrom and CEO for the Republic of Moldova, according to

Competition Council slaps EUR 44 mln fine on Romania's three major cement makers

Romania's Competition Council announced on January 9 that it found that the country's three major cement producers, Holcim Romania, Romcim, and Heidelberg Materials, were responsible for price collusion and decided fines in a total amount of RON 217 million (nearly EUR 44 million). Holcim, which has to pay the largest...

S&P to review Romania's rating this month

International rating agency S&P announced it would carry out its first review of Romania's rating on January 24 and another two times later this year in April and October, according to