Economics
December 12, 2014 16:06
Globalworth investment fund seals a new acquisition on the domestic market, the Romanian competition authority approving the 43 million euro transaction for taking over UniCredit HQ office building. According to the related Competition Council...more »
December 12, 2014 13:53
The Minister Delegate for Energy, Razvan Nicolescu, has invited MVM, Hungary's largest energy group to join Romania in the hydropower project to be developed at Tarnita-Lapustesti, the Cluj County, reads Ziarul Financiar....more »
December 11, 2014 17:21
The Romanian Financial Supervision Authority (FSA) has approved the regulation concerning AeRO, the alternative trading system of the Bucharest Stock Exchange for small and medium-sized enterprises, reads a press release of BVB....more »
December 11, 2014 14:45
EximBank has provided a 54 million lei loan to EPC contractor Romelectro, funds destined to execute the contract concluded with Transelectrica  at the end of September 2012 for the refurbishment of the Bradu station....more »
December 11, 2014 12:12
FAN Courier will increase the investment budget for 2015 when aims to spend 8 million euro, about 30 percent more than this year, announced the company’s representatives during a press conference....more »
December 10, 2014 16:14
City Plaza Hotel, a five star facility located in Cluj-Napoca, became the first to use a cogeneration power plant in Romania’s hotel industry, following an investment of 200,000 euro expected to be recovered within a period of eight to nine years. The power station which supplies both electric and thermal power energy was inaugurated today, reads Mediafax....more »
December 10, 2014 14:58
The Romanian Post will end 2014 with operating profit of 74.3 million ron (16.7 million euro), ending six years of successive losses, according to the Ministry for Information Society, its majority shareholder....more »
December 10, 2014 11:32
Banca Transilvania has reached an agreement to acquire the entire shareholding of Volksbank Romania (VBRO) from Austria’s Volksbank AG, Groupe BPCE (Banque Populaire Caisse d’Epargne), DZ Bank AG and WGZ Bank AG, states a press release of the Romanian bank....more »
December 10, 2014 10:18
Estimated at about half a billion euros in 2013, the private medical services market has continued its development this year, though less accelerated, marked by significant investments among the major players that have carried on with their exp...more »
December 09, 2014 16:38
Prime Minister Victor Ponta has announced that the Government has reached an agreement with the representatives of the International Monetary Fund and the European Commission on the 2015 budget which provides a deficit of 1.83 percent of the gross domestic product. The draft budget will be finalized in the coming days and it shall be approved by the Government in an extraordinary meeting on Friday, December 12. Subsequently, it will be sent to the Parliament....more »
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