Economics
February 19, 2015 16:52
Rompetrol Rfainare, Rompetrol Downstream, KazMunayGas Trading and KMG Rompetrol intend to access a syndicated revolving loan worth 390 million euro which will be partially used to refinance previous loans and to support the current operations and activities of the companies, according to an informing sent to the Bucharest Stock Exchange....more »
February 19, 2015 13:59
Recolamp
Association collected and recycled 476 tons of lighting equipment
waste last year, level similar to 2013, meeting again the European
target of 40 percent calculated based on the average volume put on
the market over the past two years by...more »
February 19, 2015 12:51
Falling crude oil prices and sales down 11 percent plunged OMV Petrom's 2014 profit by 56 percent to 2.1 billion lei, the worst financial result since 2010. The anticipated decline accelerated in the last quarter of 2014 when the company reported a financial loss of 307 million lei....more »
February 18, 2015 17:03
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 »
February 18, 2015 16:37
The Romanian Government has released the draft Tax Code which proposes a series of fiscal measures such as a diminution of the VAT, a reduced flat tax, as well as lower social security contributions for both employers and employees....more »
February 17, 2015 14:56
Rompetrol Rafinare, member of KMG International has posted a gross turnover of 5.6 billion dollar last year, 15 percent more than in 2013, while the operational profit tripled from 29 million dollar in 2013 to 86 million dollar in 2014 as a result of the record-breaking volume of processed feedstock, over 5 million tonnes, at Petromidia refinery. ...more »
February 17, 2015 11:53
Electrica has reported a net profit of 280.5 million lei in 2014, the year when the company was floated on the Bucharest Stock Exchange. ...more »
February 16, 2015 16:28
Electrica is discussing with Fondul Proprietatea about the potential acquisition of the minority stakes the fund holds in its three distribution subsidiary, as well as in its supply division, the distribution and supply company announced in a release sent to the Bucharest Stock Exchange....more »
February 16, 2015 14:39
Delivery Solutions, the operator of courier company Sameday, is preparing for its listing on the new alternative trading system of the Bucharest Stock Exchange (BVB), AeRO, thus becoming the first company of its kind to enter the capital market....more »
February 16, 2015 11:30
Foreign direct investment (FDI) in Romania has declined last year, amounting to 2.43 billion euro, down 11 percent from 2.71 percent in 2013, according to data released by the National Bank of Romania (BNR)....more »
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