Economics
February 03, 2014 10:29
Real estate investment company Globalworth Real Estate Investments appointed BOG’ART as general contractor for the construction of the Bucharest One office tower, according to the company. BOG’ART is one of the largest contractor and construction companies in Romania, having been responsible for several office real estate projects in Bucharest such as Tower Center International, Charles de Gaulle Plaza and City Gate.
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January 31, 2014 14:06
The European branch of the US based technology manufacturer plans to reorganize and expand its operations in an EU country where aims to establish a facility for the new production line of hydraulic cylinders. Also, the company considers relocating its European Division’s headquarter, Romania being an option, as the Ministry of Economy informs....more »
January 31, 2014 12:45
Chevron got a new permit to start shale gas exploration in its fourth perimeter in Vaslui, at Puiesti, the local Envrironmental Protection Agency issuing the document since there was no contestation against the project received, Mediafax informs....more »
January 30, 2014 16:39
Raiffeisen Leasing today announced that managed to carry out the procedures for taking over the leasing portfolio from ING Lease which includes assets exceeding 30 million euro and about 60 corporate clients. The transaction has been completed on the basis of an agreement concluded in October 2013....more »
January 30, 2014 16:02
Jeongwoo Kim is the new president of the Romanian subsidiary of the South-Korean technology manufacturer, hence replacing Young Lak Jung who has managed Samsung Electronics Romania over the past four years. The latter will continue its cooperation with Samsung, being assigned a global position within the company, Mediafax informs...more »
January 30, 2014 15:08
Oltenia Energy Complex (CEO) today signed a financing agreement with the European Bank for Reconstruction and Development meant to facilitate the refurbishment of the unit 6 of the Turceni thermal power station, Agerpres informs....more »
January 29, 2014 16:51
The global specialist in energy management promotes Florentina Toth, currently Vice President of the company’s Energy Division, as Country President of the Romanian subsidiary. Thereby, starting February 1, 2014, Toth replaces Saulo Spaolanse, who has lead Schneider Romania since 2011 and who will take the same position within the group’s Singapore subsidiary....more »
January 29, 2014 15:59
Those interested in participating at the privatization of the chemical plant, still have the possibility to submit their binding offers following a postponement of the initial deadline – January 31, 2014, until March 28, 2014. The delay has been called by investors and was approved by Oltchim’s Committee and creditors which convened yesterday as per the request of the judicial administrators, Rominsolv and BDO Business Restructuring, is stated by a media release....more »
January 29, 2014 14:26
OMV Petrom and ExxonMobil officially got the licence for the deepwater area in the Black Sea’s Midia XV perimeter after the Government’s Decision in that respect was published yesterday in the Official Gazette of Romania, according to an informing sent to the Bucharest Stock Exchange. With the decision in question effective, the contract concluded in October 2012 by ExxonMobil and OMV Petrom, on one side and Sterling Resources and Petro Ventures Europe, on the other, for transferring hydrocarbons exploration and production rights for the said area, came into force....more »
January 28, 2014 12:39
Impact Developer & Contractor, one of the first players in the real estate market in Romania, anticipates an important advance within the coming years in terms of revenue which aims to grow up to 50 million euro annually, by 2018....more »
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