General
February 04, 2014 11:56
Recolamp Association collected and recycled 480 tons of lighting equipment waste last year, achieving the European target of 40 percent calculated based on the average put on the market over the past two years by the Romanian producers it collaborate with, according to a media release. ...more »
February 04, 2014 11:08
In the attempt to eventually put an end to the dispute sparked following the introduction of the 7 eurocents excise duty on fuel, the Government has found the solution so as to implement that measure and at the same time, to get signed the Memorandum with the International Monetary Fund by the President....more »
February 03, 2014 12:34
Last year the Romanian accommodation industry recorded a growth in the number of tourists arriving in corresponding establishments, as well as in terms of overnight stays....more »
January 31, 2014 14:06
The European branch of the US based technology manufacturer plans to reorganize and expand its operations in an EU country where aims to establish a facility for the new production line of hydraulic cylinders. Also, the company considers relocating its European Division’s headquarter, Romania being an option, as the Ministry of Economy informs....more »
January 30, 2014 16:02
Jeongwoo Kim is the new president of the Romanian subsidiary of the South-Korean technology manufacturer, hence replacing Young Lak Jung who has managed Samsung Electronics Romania over the past four years. The latter will continue its cooperation with Samsung, being assigned a global position within the company, Mediafax informs...more »
January 29, 2014 16:51
The global specialist in energy management promotes Florentina Toth, currently Vice President of the company’s Energy Division, as Country President of the Romanian subsidiary. Thereby, starting February 1, 2014, Toth replaces Saulo Spaolanse, who has lead Schneider Romania since 2011 and who will take the same position within the group’s Singapore subsidiary....more »
January 29, 2014 14:26
OMV Petrom and ExxonMobil officially got the licence for the deepwater area in the Black Sea’s Midia XV perimeter after the Government’s Decision in that respect was published yesterday in the Official Gazette of Romania, according to an informing sent to the Bucharest Stock Exchange. With the decision in question effective, the contract concluded in October 2012 by ExxonMobil and OMV Petrom, on one side and Sterling Resources and Petro Ventures Europe, on the other, for transferring hydrocarbons exploration and production rights for the said area, came into force....more »
January 24, 2014 14:39
Carpatair got approved yesterday its request of becoming insolvent, aiming to proceed with a judicial reorganization.  According to representatives of the airline, their request was due to the damages worth some 30 million euro arose from disputes with the Timisoara Airport concerning anticompetitive activities...more »
January 23, 2014 13:18
Bucharest Airports National Company (BANC) reports an increase of 5.4 percent in the number of passengers in the last month of 2013, maintaining a growth rate of over five percentage points for the second month in a row. Overall, the last year brought a progress of 1.35 percent in the passenger traffic for the two airports located in Romanian capital - Henri Coanda International Airport (Otopeni) and Aurel Vlaicu International Airport (Baneasa), according to a BANC’s press release....more »
January 21, 2014 16:41
Secretary of State at the Romania’s Ministry of Justice, Putura has been elected as President of CFR’s new Board of Directors, which, in its turn, appointed Ionel Voicu (Deputy Director on European Projects) to provisionally replace George Micu as CEO of the railway company until the selection procedure for this position will be eventually finalized, is mentioned in a press release....more »
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