25 iul 2013

Romanian state-owned electricity distributor Electrica SA claims penalties of up to EUR2 billion from Italy’s Enel, German group E.ON and Czech power group CEZ for failing to meet several more

25 iul 2013

London-based brewer SABMiller, which owns Ursus Breweries in Romania, said Thursday volumes in Romania rose 13% in the first quarter (April-June) of fiscal year 2013. more

25 iul 2013

Romanian state-owned postal operator Posta Romana and DPD Romania, part of French group Geopost, have signed an agreement to set up an international delivery service, which will become operational in more

25 iul 2013

Romanian steam generator and pump manufacturer Vulcan Bucuresti (VULC.RO), which entered insolvency in May this year, owes 193 million lei (EUR44 million) to 230 creditors. more

25 iul 2013

Romanian Minister-delegate for Energy Constantin Nita said Thursday he plans to lower cogeneration fees and energy transport tariffs and find additional solutions to support both industrial and more

25 iul 2013

Romania will organize an auction in August or September to select a firm to draw up a new national energy strategy, Minister-delegate for Energy Constantin Nita said Thursday, adding that he aims to more

25 iul 2013

Romania’s Transport Ministry wants to contract technical assistance services to prepare the EU-funded operational program for Transport 2014-2020. more

25 iul 2013

The Bucharest stock exchange opened down Thursday, unlike the main European markets, on reduced volumes. more

25 iul 2013

Romania’s leu continued to gain strength versus the euro Thursday morning and traded below 4.385 units amid rising volumes. more

25 iul 2013

Mobile operator Orange Romania registered revenues of EUR449 million in the first half of 2013, down a mere 0.6% from EUR452 million in the similar interval a year ago, the company said in a press more

24 iul 2013

Romania’s roads authority CNADNR expects it will sign in August the contracts to build sections two, three and four of the Lugoj-Deva highway. more

24 iul 2013

The Bucharest stock exchange closed down Wednesday and Fondul Proprietatea (FP.RO) remained the most attractive issuer on the main market. more

24 iul 2013

The contract to sell a majority stake in Romania’s state-owned freight railway carrier CFR Marfa will be signed after the country’s high defense body CSAT endorses it, possibly in September, and more

24 iul 2013

Romania’s Government Wednesday approved the contract by which private railway company Grup Feroviar Roman (GFR) takes over 51% of state-owned freight railway carrier CFR Marfa, people close to the more

24 iul 2013

Casa Rusu, the retail division of Timisoara-based furniture producer Rus Savitar, will open a new store Thursday, in Constanta, following an investment worth EUR250,000, and expects the unit will more

24 iul 2013

State-owned and private firms register debts of over 1 billion lei (EUR0.22 billion) to electricity suppliers, and state-owned railway operator CFR is the main debtor, with more than half of the total more

24 iul 2013

Vitol Group, one of the world’s largest energy and commodity trading companies, with turnover exceeding $300 billion in 2012, will enter the Romanian energy market after it has got the nod from the more

24 iul 2013

Romania’s leu was gaining ground against the euro Wednesday morning and was trading at about 4.4 units on reduced volumes. more

24 iul 2013

The Bucharest stock exchange opened down Wednesday, unlike the main European markets, amid low volumes. more

23 iul 2013

The Bucharest stock exchange closed up Tuesday in a quiet market where investors continued to be interested mainly in investment fund Fondul Proprietatea (FP.RO). more

23 iul 2013

The Bucharest Court of Appeals Monday overruled the contestations filed by constructor Spedition UMB, controlled by Romanian businessman Dorinel Umbrarescu, and Austrian group Strabag regarding the more

23 iul 2013

Romanian private railway company Grup Feroviar Roman (GFR) is holding talks with major international financial institutions to obtain financing to take over state-owned freight railway carrier CFR more

23 iul 2013

Romanian group Grampet, owned by businessman Gruia Stoica, has won an auction to privatize Croatia’s state-owned freight railway company HZ Cargo. more

23 iul 2013

The British Government hopes trade between the UK and Romania will climb 60% in the next four years through the creation of a business center to support new British companies in the Romanian market. more

23 iul 2013

Nutrition and weight management company Herbalife opened its second sale center in Romania, located in the central city of Brasov. more