Economics
June 30, 2015 13:05
Dentons advised the oil and gas company Petroceltic on the
purchase of equity in two Black Sea exploration blocks (40% in EX-27
Muridava Block previously held by a subsidiary of Sterling Resources
and 30% in the EX-28 Est Cobalcescu Block previously held by a
subsidiary of Beach Energy), in the Romanian sector of the Black Sea.
...more »
June 29, 2015 16:17
The level of developments in the office real estate segment reached all
time high levels throughout 2014, according to the regional cities
office market study released by DTZ Echinox. According to the data
released by the firm, the office market o...more »
June 29, 2015 15:53
The National Institute for Statistics announced that an increase in the production volume is expected by the managers in the processing industry, while construction, retail trade and services anticipate growths in their respective activities. &n...more »
June 24, 2015 23:19
The AGRI gas project, as a direct energy transport road from the Caspian Sea right to EU's Franco-German industrial core, between Energy producer Azerbaidjan, Georgia and Romania, is seen as a viable project. The feasibility study for AGRI project, that aims to transport gas from the Caspian region, on the territory of Azerbaijan and Georgia, crossing the Black Sea by vessels and involving the construction of two liquefaction terminals (on the Georgian Black Sea coast) and regasification (on the Romanian Black Sea coast ) was presented in an Inter-ministerial meeting that took place on June 22 in Bucharest. ...more »
June 16, 2015 06:53
Freight traffic registered through the
three Romanian maritime ports is up 20 percent from January through
May to more than 23 million tonnes.
The Maritime Ports Administration
National Company of Constanta informed in a release that the ma...more »
June 10, 2015 12:42
Bucharest City Hall has borrowed 2.2 billion RON through a bond issue listed on the Bucharest Stock Exchange in the largest bond issue ever in Romania started by a municipality....more »
June 05, 2015 14:58
VentureConnect, the leading pitching and networking event in Romania, organized by Govnet Conferences together with BirisGoran Law firm hosted the 11th edition on June 3 in ASE’s Aula Magna, Bucharest. For the first time in Romania, VentureConnect welcomed for its pitching session Tina Baker, co-founder of JAG Shaw Baker and member of the Seedcamp Advisory Board. ...more »
June 05, 2015 12:32
Law 122/2015 for the approval of some measures for promoting electricity from renewable energy sources and also for amending and supplementing some normative acts was published in the Official Gazette. The purpose of this law is to revitalize the renewable energy market and support the companies owning projects from renewable energy sources with capacities smaller than 3 MW by enabling them the possibility to sign bilateral agreements....more »
May 29, 2015 12:35
President Klaus Johannis will organize
consultations with political parties to identify a national political
consensus on Romania's accession to the euro area in order to ensure
a smooth process in the adoption of the euro.
...more »
May 28, 2015 11:35
Due to the nineteen ongoing processes, the exit from insolvency for Hidroelectrica is not possible says Remus Borza, the Director General of the energy producer. "The processes progressing very slowly. It will not come out of insolvency for sure this year. Hopefully next year," said Borza....more »
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