Economics
August 29, 2014 15:43
The property investment company today announced that it has entered into a binding agreement for the acquisition of the EOS Business Park in Bucharest in a transaction coming to 5.85 billion euro. The office building consists of nearly 3,400 leasable sqm and generates operating income of about 600,000 euro per year....more »
August 29, 2014 14:00
Ford has announced that production of both vehicles and engines at the plant in Craiova will be suspended for nine working days next month amid volatility in the European car market, according to Mediafax....more »
August 28, 2014 16:07
Razvan Nicolescu, the Minister Delegate for Energy, today met with a delegation from Enel led by Luca D’Agnese, member of the group’s board, in charge with international business. Talks treated Enel’s operations in Romania in the context of the announced sale of the domestic assets, reads a press release of the Department for Energy....more »
August 28, 2014 14:02
This week the government of the African country bought 60,000 tons of wheat from Romania, paying nearly 15.5 million dollar given the price of 257.77 dollar/ton, reads a notification on the website of the General Authority for Supply Commodities (GASC) quoted by Mediafax....more »
August 28, 2014 11:35
Prime Minister Victor Ponta attended the inauguration ceremony of the Iasi-Ungheni pipeline, along with his Moldavian counterpart, Iurie Leanca and Gunther Oettinger, European commissioner for energy. The project is aimed at providing the Republic of Moldova with an alternative to the gas supplied by Gazprom, thus ensuring a greater level of independence, as Moldavians will have access to gas providers from Romania....more »
August 27, 2014 15:46
The most important players in the local market included in Coface’s annual study on the Top 500 companies in Central and Eastern Europe have recorded an average growth by 6.3 percent in terms of turnover and by 3.3 percent as regards profit, according to the credit insurance company....more »
August 27, 2014 12:52
Nuclearelectrica today announced the initiation of the procedure for selecting competitive investors to complete the project on the construction of Units 3 and 4 of the nuclear power plant from Cernavoda....more »
August 26, 2014 15:39
The Government announces that the price increase in natural gas delivered to households and scheduled for October 1 will most likely be deferred due to a dispute with EU Commission’s DG Enterprise on an alleged ban on natural gas exports from Romania....more »
August 26, 2014 13:52
Chinese corporation ZTE has won a wireless project contract from Cosmote for transforming the existing 2G/3G network and build a new Long-Term Evolution network (4G LTE) in southern Romania, the company announces....more »
August 26, 2014 12:45
Mega Image and eMAG have launched a joint platform called “Supermarket at home” aimed at offering an online supermarket experience to their clients throughout Romania, who will have access to over 7500 food and non-food products....more »
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