The governing coalition is preparing an emergency ordinance to support the employees of the companies targeted by the sanctions against Russia, the Minister of Labor and Social Solidarity, Marius Budai, declared on Wednesday, at the end of the Government meeting."We are preparing an emergency ordinance at the coalition level that will have provisions for furlough. We have already convened a social dialogue committee at the Ministry of Labor strictly for this matter. It seems that there are solutions and I introduced an article in the emergency ordinance for furlough with a certain derogation. So there are solutions, as we have identified, for the payment of unemployment, there will certainly be solutions for salaries. When the social dialogue committee is over, you will certainly receive information. There are solutions, people should not panic. This ordinance is on the agenda of the coalition meeting and I hope that if not Friday, then I hope next week we will have it in the Government. I proposed this ordinance to the coalition because there is this danger of closing production capacities due to the crisis in Ukraine, Russia and Belarus," said Marius Budai.On the other hand, the Minister of Labor stressed that it is out of the question for pensions to decrease next year, after the entry into force of the increase to 4.75% of the percentage transferred to Pension Pillar II.At the same time, the Minister of Labor specified that he does not support the proposal to reduce the social security contributions by 5%."I do not support it. Because that transfer to Pillar II will deprive Pillar I with a certain amount, and I do not think it is time to skim Pension Pillar I any further. (...) I re-discussed with the unions, the three that have called me so far, informed me that they do not support the reduction of CAS, motivated by the current economic situation and the removal of a sum of money from Pillar I," added Marius Budai.
Coca-Cola celebrated 30 years of production at its Timișoara plant, in western Romania, by announcing a RON 5 million (roughly EUR 1 million) investment in a solar park, the company’s first renewable energy facility in Romania. The new solar installation will cover about 20% of the factory’s electricity needs and cut carbon dioxide emissions by […]
Solar Open Day brought the public closer to a new photovoltaic park. On September 17, the Romanian Photovoltaic Industry Association (RPIA) organized in Călugăreni, Giurgiu County, the third edition of the event, which has already become a landmark for the solar energy industry. This year’s host was PPC Renewables Romania, which opened the doors of […]
Grivița 53, the first private theatre built in Romania in roughly 80 years, was unveiled in Bucharest after nearly a decade of construction and fundraising efforts that brought together more than 14,000 supporters. The project, valued at about EUR 4.5 million so far, was launched in 2016 by director and writer Chris Simion-Mercurian and Tiberiu […]
An injured 24-year-old French tourist was rescued after falling in the Valea Căldărilor area of Romania’s Bucegi Mountains on Friday morning, September 19. The young man was recovered by mountain rescuers after an operation that lasted more than six hours. According to the data communicated by Salvamont Prahova, he was part of a group of […]
Vodafone Romania and Digi Romania announced the signing of the relevant legal documents for acquiring Telekom Romania Mobile Communications from the OTE group and Deutsche Telekom on Friday, September 19. The two telco operators will split Telekom assets between them. As part of the deal, Vodafone spent EUR 30 million, while Digi paid EUR 40 […]
Sebastian Burduja, adviser to prime minister Ilie Bolojan and former minister of energy, warned of the security impact of the sale of major dairy Napolact to a group owned by a businessman close to the Hungarian prime minister Viktor Orban, according to
