Hidroelectrica To Transfer Special Dividends Of RON655M To State Budget In Two Weeks Tops

Hidroelectrica To Transfer Special Dividends Of RON655M To State Budget In Two Weeks Tops

09.13.2017

The Energy Ministry and investment fund Fondul Proprietatea, the two shareholders of state-run hydropower generator Hidroelectrica, on Wednesday approved the payment of RON655 million worth of dividends which will be transferred to the state budget as „special dividends” in two weeks at most.

BCR CEO: Romania Must Provide Confidence For Erste And BCR To Buy Risk BCR CEO: Romania Must Provide Confidence For Erste And BCR To Buy Risk

Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be

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BRD-Groupe Société Générale And UniCredit Bank Grant Over EUR177M Loan To A&D Pharma BRD-Groupe Société Générale And UniCredit Bank Grant Over EUR177M Loan To A&D Pharma

BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D

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Study: Romanian Entrepreneurs More Optimistic About Their Businesses Than European Average Study: Romanian Entrepreneurs More Optimistic About Their Businesses Than European Average

Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according

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C&W Echinox: Bucharest Logistical and Industrial Space Stock Grew Tenfold in 13 Years C&W Echinox: Bucharest Logistical and Industrial Space Stock Grew Tenfold in 13 Years

The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square

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OMV Petrom Invests EUR5M In Modernizing Test Center At Petrobrazi Refinery OMV Petrom Invests EUR5M In Modernizing Test Center At Petrobrazi Refinery

OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing

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Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M

BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock

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Timken Opens $60M Bearing Plant in Ploiesti Timken Opens $60M Bearing Plant in Ploiesti

US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.

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NEPI To Inaugurate Shopping City Ramnicu Valcea By End-2017 NEPI To Inaugurate Shopping City Ramnicu Valcea By End-2017

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has

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ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017 ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017

28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the

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Brisegroup Budgets EUR7M Investments In Building And Upgrading Silos Brisegroup Budgets EUR7M Investments In Building And Upgrading Silos

Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a

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Continental Plans To Boost Staff Numbers In Romania By 1,500 In 2017 Continental Plans To Boost Staff Numbers In Romania By 1,500 In 2017

Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by

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Analysis

Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise

Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.