Economics
March 31, 2015 17:13
Romania's main natural gas producer, Romgaz, commissioned in March 2015 two new gas accumulations in the Moldavian Platform and in the Transylvanian Basin, which are currently under test....more »
March 31, 2015 16:39
The Romanian subsidiary of Piraeus Bank Group recorded a gross profit of 2.1 million euro in 2014, down by 36.4 from 3.3 million in the previous year. ...more »
March 31, 2015 15:24
The Board of Romania's Central Bank, BNR, decided to drop again the monetary policy rate by 0.25 percent to 2 percent, achieving a new historic low which will come into effect on April 1, 2015....more »
March 31, 2015 14:01
The challenges generated by the development of e-commerce, the specific demands in terms of B2C deliveries, the solutions to issues arisen from payment on delivery and cash management, as well as the opportunities for alternative financing were among the topics addressed during the second edition of theRomanian Courier & Postal Services Forum, an event organized by Govnet Conferences with the support of the Romanian Courier Operators Association (A.O.C.R.) and of ARMAD, (the association that represents direct marketing in Romania), the sole one dedicated exclusively to the domestic courier and postal services industry....more »
March 26, 2015 15:40
Canada-based oil and gas company Sterling Resources has announced the sale of its Romanian business to Carlyle International Energy Partners, an affiliate of the global energy concern Carlyle Group....more »
March 26, 2015 11:31
Romania's net electricity exports totaled 7.1 Twh in 2014, 3.5 times higher compared to the previous year, according to the results presented by Transelectrica, the domestic system and transmission operator....more »
March 25, 2015 12:01
The global investment fund manager, Heitman, has disposed of recently Mercury Logistics Park, yet the other party involved in this transaction has not been disclosed....more »
March 24, 2015 17:16
DeviceHub.net, a Romanian startup established by Ionut Cotoi, Constantin Craciun, and Cristiana Bogateanu – project that provides cloud services for the Internet of Things communications – has received 80,000 euro from Hub:raum Kracow, the Innovation Hub for the CEE region of Deutsche Telekom Group....more »
March 24, 2015 16:39
Transelectrica's General Meeting of Shareholders approved the 2015 revenue and expense budget which includes forecasted revenues of 2.67 billion lei, down 7 percent compared to the results anticipated for 2014. Total expenses are expected to g...more »
March 24, 2015 13:08
Aurel Radu, the General Manager of Metrorex, has stepped down following recent talks with Ioan Rus, the Minister of Transport, informs a release of the ministry....more »
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