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Tag Archives: Court of Accounts

OMV Petrom rejects accusations about prejudicing the state with RON 7 bn

OMV Petrom strongly rejects the allegations of non-payment of obligations to the state, brought on Thursday during the meeting of the parliamentary commission for investigation of ANRE’s activity. The officials of the largest oil and gas producer in Southeastern Europe ...

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Tarom, losses 5 times higher than estimates. Layoffs on the way

The latest rectification of Tarom’s revenue and expenditure budget shows losses of RON 206.8 million, compared to RON 41.2 million, as the company has estimated the total losses in September. Therefore, the national air carrier is going to fire 164 ...

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Parliament committees Ok Mihai Busuioc as Court of Accounts president

The joint budget and finance committees of the Chamber of Deputies and Senate have validated on Tuesday the candidature of Social Democrat Mihai Busuioc for the position of Court of Accounts president by 18 votes to ten and one abstention. ...

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The fight for the Court of Accounts top positions

As six members of the Court of Accounts, including the president Nicolae Vacaroiu, will be replaced as of October 15, the media reported about potential politicians taking over the helm of the institution. Government secretary general, Mihai Busuioc, also known ...

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Court of Accounts: EUR 40 M prejudice on public procurement in Romania

The Court of Accounts has checked almost 2,700 public entities last year and found out 23,500 public irregularities, with a prejudice of EUR 400 M. EUR 40 M out of this sum represents prejudices on public procurement. According to the ...

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Lower Chamber Oks inquiry committee on alleged RON 10bn gap. FinMin asks for Court of Accounts audit

The joint Standing Bureaus of the Parliament on Tuesday Okayed Chamber Speaker Liviu Dragnea’s request to kick off parliamentary inquiry to probe into the last state budget rectifications in August and November last year conducted by the previous Gov’t led ...

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Nuclearelectrica signed new uranium procurement contract with Cameco; the price is at market level

Nuclearelectrica (SNN) has inked new uranium procurement contract with Cameco, as the Canadian company’s offer had a price substantially lower than that of National Uranium Company (CNU), the state-owned company points out in a press release on Thursday. The new ...

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The palace inside the mayor’s office: Luxury from public funds

If you are interested in seeing what a small town mayor’s office looks like in Romania, you can have a look at this case in Tecuci town, Galati county (eastern Romania). While the city hall’s building is a total rack, ...

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