Italian utilities group Enel has put off the sale of the Romanian assets, its representatives told to www.economica.net. The decision is, however, temporary, according to the company's press office....more »

The Ministry of Transport presented the updated General Transport Master Plan (GTMP) envisaging the transport development strategy until 2030 which requires total investment of more than 48 billion euro. ...more »

The European Commission has revised upwards the estimations on Romania’s GDP growth expected in 2015 from 2.4 percent to 2.7 percent, according to Winter Economic Forecast....more »

The retail turnover volume expanded by 7 percent last year, stimulated by rising sales of non-food products, food, beverages, tobacco, and fuel, according to a report of the National Institute of Statistics (INSSE) which does not take into consideration the turnover generated by the sales of cars and motorcycles. During the period under review, the retail turnover had increased successively, mainly triggered by boosting sales of non-food products (+10.6 pct). Revenu...more »

Greentek LED Lighting designed and implemented the intelligent lighting project for the office spaces in AFI Park 2, which became the first building in Romania to be exclusively equipped with such a LED lighting system....more »

Deloitte invites companies specialized in clean technologies to apply for the EU Business Avenues Clean Technologies 2015 programme during which they can participate in a one-week business mission to Singapore and Vietnam. ...more »

Belgium's postal services operator, bpost, offer for taking over the majority stake of 51 percent of the shares in the Romanian Post has been accepted by the Ministry for Information Society (MSI)....more »

Holcim and Lafarge have started negotiations with CRH for the sale of several assets in Europe, Canada, Brazil and the Philippines as part of their proposed merger. The Irish building materials company had previously reached an agreement with Holcim and Lafarge for taking over their operations in the listed locations, transaction estimated at 6.5 billion euro, according to a press release....more »

The Bucharest Stock Exchange (BVB) will introduce an alternative solution, named “auction model”, to the existing trading model, that will be applied for a list of selected shares traded on the regulated market which meet the related criteria, announces a press release....more »

The Competition Council has imposed financial penalties totaling nearly 13 million lei (2.9 million euro) on four companies for rigging the auctions organized by Romgaz within June 2, 2008 and October 12, 2009 to award the oil and gas drilling works in Romania....more »