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Romania’s Government will take over the Arpechim refinery from oil company OMV Petrom (SNP.RO) by the end of April this year, as talks are nearing conclusion, Monday said Gheorghe Davidescu
Romania’s Finance Ministry on Thursday sold 917.2 million lei (EUR211 million) in three-year bonds, above the planned amount, at an average yield of 6.95% a year, lower than at the
The Romanian authority that administers government real estate properties, or RA-APPS, has started procedures to sell 130 realties, including apartments in central Bucharest, shopping
Alpha Bank Romania has received authorization from the local securities commission to take over EFG Eurobank Securities, as part of the merger between Greece parent companies Alpha
Wind farm developer Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR250 million in the construction of a wind farm in southeast Romania.
Romanian construction output rose 16.9% on the month in November, the largest increase in the European Union, official data showed Wednesday.
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) plans to assign public procurement contracts worth 332.4 million lei (EUR76.6 million) in March, above the
Romania’s Finance Ministry on Thursday sold 436 million lei (EUR100.3 million) in five years bonds, above the planned amount, at an average yield of 7% a year, lower than at the previous
Alstom Power Italy, a unit of French-based power company Alstom, has won a 227.5 million lei (EUR53.3 million) contract to build a gas desulfurization unit at Romania’s Craiova Power
The recent anti-government protests in Romania might slow down fiscal and structural reforms initiated under an international bailout package over two years ago, putting negative pressure
