Economics
January 05, 2015 12:43
The EU structural and cohesion funds’ absorption rate rose to nearly 52 percent (51.81%) in 2014, according to the statistics released by the Ministry of European Funds which indicate an absorption rate 3.5 times higher than at the end of 2012....more »
December 19, 2014 12:11
Romanian car market continues its uptrend, the overall sales of passenger cars and commercial vehicles increasing by 24.1 percent year-on-year in the first eleven months in 2014 which marks the first year of growth after six years of successive decline, according to Romania’s Automobile Manufacturers and Importers Association (APIA)....more »
December 18, 2014 21:30
AXA has announced the signing of an agreement with Certinvest and SIF Transilvania for the sale of the savings and life insurance operations in Romania, transaction which was initially negotiated with Astra Asigurari....more »
December 17, 2014 12:12
OMV Petrom and Hunt Oil have found a new oil and gas field in the south of the Buzau County, possibly the largest discovery in the last 30 years in the Muntenia region, following investments of 5 million euro in exploration operations in the area....more »
December 16, 2014 15:18
Holcim and Lafarge have received clearance from the European Commission for their proposed merger, thus finalizing the list of assets for divestment in Europe, which also includes Lafarge assets’ in Romania, following discussions with the European authority, according to a joint press release....more »
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 »
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