Economics
October 25, 2013 13:48
Romania maintains its first place in Deloitte Central Europe Technology Fast 50 top which includes the most dynamic companies in the technology sector. This the third consecutive years Romania leads the top that is at its 14th edition. The success is due to six companies operating in this sector, being a confirmation of their continuous evolution according to Agerpres....more »
October 24, 2013 14:13
Whether or not Bucharest can sustain a growth in the shopping centers market is a question pretty difficult to answer, despite it may not seem so. Being one of the most discussed issues it couldn’t have missed from The New Age of Retail Real Estate Forum 2013 agenda, the event Govnet Conferences organized yesterday....more »
October 22, 2013 13:48
Romanian Railway Group (GFR) will recover the EUR10 million guarantee paid during the privatization procedure of CFR Marfa that eventually failed to be carried out. Also, the EUR20 million escrow account has been unblocked, too....more »
October 22, 2013 12:31
Romania’s Ministry of Public Finance reopened yesterday the Eurobond issue launched last month, on September 12, borrowing EUR500 million from international capital markets. The transaction is considered a success due to the lower yield compared to the one initially applied, as per a press release from the Ministry....more »
October 22, 2013 10:44
Gral Medical, a private medical services company announces the inauguration of the first hospital – OncoFort Hospital which is located in Bucharest - of its medical network. The company spent two years and EUR7 million with this project that represents the biggest investment in 2013 in a stagnating medical sector due to the entrepreneurs cautions in opening new centers, shows a company release....more »
October 21, 2013 16:35
Romania’s Financial Supervisory Authority (ASF) approved the amendment FP submitted in order to extend the current public offering. Hence, the offering started on October 15 will be ended on November 14, ten days later than the date firstly established. Besides the extension, ASF also approved an amendment enabling a shareholder that holds more than 600 million shares to place subscription orders for a higher number of shares and in case the offering will be oversubscribed (it has already been oversubscribed), the distribution will be made pro rata....more »
October 21, 2013 11:44
Romgaz launches the public offering for the 15% of its shares only tomorrow, October 22, since there has to pass at least two days from approving the afferent prospect and the effective launch of the IPO.
...more »
October 18, 2013 14:30
The Vice President and Board Member for
the Romanian Competition Council Valentin Mircea has stepped down
from the position as of October 2013. Mircea served as VP for
four-and-a-half years and said he left his post October 8 of this
year. Following his departure, Mircea said he would “revert to the
academia” at the Center for Studies in Competition Law at the
Bucharest University.
...more »
October 18, 2013 13:30
Two days following the inauguration of a photovoltaic park in Magurele, Prahova, the County Council announced that a solar plant intended to ensure the energy independence in the area is going to be established in Cornu. The project is based on European funding through the POS CCE program (Operational Program 'Increase of Economic Competitiveness ) - Priority 4 – increase of energy efficiency and supply security in the context of climate change - and the afferent contract was signed yesterday by the local authorities. ...more »
October 17, 2013 16:14
Dacia officially launched the new Duster in Romania, one month after its world premiere at the Auto Show in Frankfurt. With the debut of this upgraded series, Dacia finalizes the renewal process of its complete vehicle range, process started in March 2012 when Dacia Lodgy was launched....more »
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