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EC OKs EUR 36m state aid for Tarom

The European Commission has approved today Romania’s plans to grant a temporary loan of EUR 36.7 million (around RON 176 million) to the state-owned flag carrier TAROM. The EC says that Romania has committed to fully reimburse the loan…

Tarom to lay off 300 employees

Tarom has notified the trade unions that it will lay off 300 employees, mostly administrative jobs, local media reported. At the end of August, Transports minister Razvan Cuc announced in a press conference that 300 jobs will be…

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