Economics
August 28, 2014 14:02
This week the government of the African country bought 60,000 tons of wheat from Romania, paying nearly 15.5 million dollar given the price of 257.77 dollar/ton, reads a notification on the website of the General Authority for Supply Commodities (GASC) quoted by Mediafax....more »
August 28, 2014 11:35
Prime Minister Victor Ponta attended the inauguration ceremony of the Iasi-Ungheni pipeline, along with his Moldavian counterpart, Iurie Leanca and Gunther Oettinger, European commissioner for energy. The project is aimed at providing the Republic of Moldova with an alternative to the gas supplied by Gazprom, thus ensuring a greater level of independence, as Moldavians will have access to gas providers from Romania....more »
August 27, 2014 15:46
The most important players in the local market included in Coface’s annual study on the Top 500 companies in Central and Eastern Europe have recorded an average growth by 6.3 percent in terms of turnover and by 3.3 percent as regards profit, according to the credit insurance company....more »
August 27, 2014 12:52
Nuclearelectrica today announced the initiation of the procedure for selecting competitive investors to complete the project on the construction of Units 3 and 4 of the nuclear power plant from Cernavoda....more »
August 26, 2014 15:39
The Government announces that the price increase in natural gas delivered to households and scheduled for October 1 will most likely be deferred due to a dispute with EU Commission’s DG Enterprise on an alleged ban on natural gas exports from Romania....more »
August 26, 2014 13:52
Chinese corporation ZTE has won a wireless project contract from Cosmote for transforming the existing 2G/3G network and build a new Long-Term Evolution network (4G LTE) in southern Romania, the company announces....more »
August 26, 2014 12:45
Mega Image and eMAG have launched a joint platform called “Supermarket at home” aimed at offering an online supermarket experience to their clients throughout Romania, who will have access to over 7500 food and non-food products....more »
August 25, 2014 16:53
The number of companies which became insolvent in the first seven months of 2014 dropped by nearly 13.4 percent to 15,124 from 17,458 in the corresponding period last year, according to Medifax which cites data from the National Office of Trade Register....more »
August 25, 2014 15:55
Baroness Arielle Malard de Rotschild will be supported by the Department for Energy for a position within the future Board of Directors of Electrica, while Victor Cionga and Victor Grigorescu are the candidates designated by the Romanian State for becoming members of the board which will be established on September 22, 2014, when the first General Meeting of Shareholders subsequent to the company’s IPO is scheduled....more »
August 25, 2014 13:53
Romania has registered record rapeseed yield in 2014 which exceeded 1 billion tons, the largest harvest since 1970, according to the preliminary data from the Ministry of Agriculture and Rural Development....more »
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