Romania To Keep Oil, Gas Royalty Rates Unchanged Until 2015

ZF NEWSRSS

• EBRD Ups Romania GDP Growth Forecast To 1.2% In 2012

  today, 15:30

  The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.2% in 2012, from 0.8%... more

  • Fitch Sees Romania GDP Growth At 1.6% In 2012, Mirroring CEE Performance
  • Romania’s Economy Back Into Recession. GDP Shrinks In The First Quarter
• Posta Romana To Lay Off 6,500 Employees, Almost 20% Of Staff

  today, 17:12

  Romania's state-owned postal operator, Posta Romana, will sack almost 20% of its staff to avoid insolvency, with 1,029 employees to leave over the... more

  • Nica: Without Restructuring Plan, Posta Romana Will Go Under
  • Posta Romana To Be Reorganized And Privatized Until Yearend
  • Mustea: Posta Romana Sacked 511 Workers In 2012, Has No Layoff Plans Until Yearend
• Basescu: Romanian Public Must Be Shown That Shale Gas Exploitation Poses No Major Risk

  today, 15:18

  Romanian President Traian Basescu said Friday Romania must develop a strategy to explain to the public that shale gas exploitation does not pose... more

• Fitch Ups Outlook On Rompetrol's 'B+' Rating To Stable

  today, 18:51

  Fitch Ratings on Friday revised the outlook on Netherlands-based The Rompetrol Group N.V. (TRG) to stable from negative while affirming its... more

• Cegedim: Romanian Medicine Market Climbed 21% In Jan-March

  today, 13:19

  The Romanian medicine market increased to 2.93 billion lei (EUR659.5 million) in the first three months of the year, up 21.6% compared with the... more

• Economy Minister: Hidrolectrica Bilateral Contracts No Longer Underpriced

  today, 15:14

  Romanian state-run hydropower generator Hidrolectrica has managed to amend its controversial bilateral electricity contracts signed with corporate... more

  • Hidroelectrica Launches Final Round Of Bilateral Deal Renegotiations
  • Outcome Of A Decade Of Secrets: Direct Contracts Cost Hidroelectrica EUR1.5B In Lost Profits
  • Hidroelectrica Profit Slumps To RON15.7M In 2011, Hit By Drought
• Basescu: Romania Wins With Any Alternative Energy Project In Balkans

  today, 15:25

  President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is... more

• US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria

  today, 00:00

  Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea... more

  • Western Insurers And Bankers Join Foreign Farmers In Race For Romania’s Farmland
  • Foreigners May Buy Romanian Farmland Starting 2014
• Romanians Withdraw RON100 Billion From ATMs In One Year

  today, 00:00

  Withdrawals from cash points exceeded 100 billion lei (almost EUR23 billion) between April 2011 and March 2012, five times the payments by card to... more

• Introducing Fast Food Tax To Impact Romanian Food Industry, Consumers - Association

  today, 17:27

  Introducing a tax on fast food will undoubtedly impact the Romanian food industry, consumers, as well as the country’s agriculture and economy,... more

• Should The Economy Adjust To An Exchange Rate Of RON4.5 Per Euro?

  today, 00:00

  The depreciation of the Romanian leu is helping exporters and encourages lending in local currency, but it is also boosting non-performing loans... more

• US Ambassador Says He’ll Talk To Romanian Economy Ministry On Shale Gas Moratorium

  today, 11:47

  US Ambassador to Bucharest Mark Gitenstein Thursday said he will discuss with Romanian Economy Minister Daniel Chitoiu on the government’s... more

  • Romania's New Government To Impose Moratorium On Shale Gas Drilling
  • Chevron Romania: Banning Shale Gas Drilling Means Having A Better Alternative
  • Romania’s Government OKs Chevron For Shale Gas Drilling
• Economy Minister: Romania To Name First Private Manager In State Company By End-June

  today, 15:56

  Romania will appoint the first private manager in a state company by the end of June, Economy Minister Daniel Chitoiu told a news conference Friday. more

• ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return

  today, 00:00

  Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also... more

• Allianz-Tiriac’s Underwritten Premiums Down 10% In 1Q, To RON230M

  today, 14:18

  Romanian insurer Allianz-Tiriac’s underwritten life and non-life insurance premiums fell 10% on the year in the first quarter to 230 million lei... more

• UniCredit: Greek Euro Exit Unlikely To Hit Romania Too Hard

  today, 17:00

• Leu Ends Flat Vs Euro On Low Volumes

  today, 16:59

• Bucharest Stocks Close Down On International Worries

  today, 17:20

• Leu Gains Vs Euro, Exchange Rate At 4.4421

  today, 13:23

• Transport Minister: Work On Transylvania Highway To Move Ahead

  today, 13:51

  • Boagiu: Transylvania Highway To Receive EU Financing
  • Government Approves New Contract With Bechtel For Transylvania Highway
  • Bechtel, Left With Just Two Sections Of Transylvania Highway After Cashing In EUR640M In 4 Years
• Unicredit Head: We Have To Decide Whether To Join Euro In 2015 Or Start The De-Euroization Of Economy

  today, 00:00

• Leu Down Vs Euro In Early Trade

  today, 10:35

• Former Microsoft Romania GM Appointed Communications Ministry State Secretary

  yesterday, 19:06

• Rompetrol Well Services Inks $0.8M Service Deal In S. Sudan

  yesterday, 19:51

  • Rompetrol Well Services 1Q Net Profit Slides 6% On Year
  • Rompetrol Well Services 2012 Profit Seen Up 11% To RON17.5M
• Nica: Without Restructuring Plan, Posta Romana Will Go Under

  yesterday, 17:47