Economics
December 15, 2014 16:43
US-based company Quintana Minerals Corporation has submitted a request to the Department for Energy, asking for detailed information on the Hunedoara Energy Complex for analyzing a strategic investment in the light of the expected privatization of the state-owned company, reads Mediafax....more »
December 15, 2014 13:31
Hidroelectrica has exceeded the 1 billion lei target profit for 2014 in the first eleven months of the year, reporting a profit of 1.073 billion lei, a record level, after a 28 percent advance year-on-year, triggered by lower operating expenses and increasing energy production....more »
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 »
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