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Romanian telecom operators might be billed for the use of the radio spectrum at the end of every quarter or year, rather than at the beginning, as is done currently, according to a
Romanian state-owned mining company SNLO, one of the main coal suppliers for thermal power plants, will lay off 300 employees by the end of the year.
Romanian Economy Minister Ion Ariton told MEDIAFAX Tuesday that Constantin Trihenea, general manager of state-owned hydropower producer Hidroelectrica, resigned for personal reasons
The management of Romanian refinery Oltchim (OLT.RO) has agreed to meet with German minority shareholder PCC SE and discuss the latter’s proposed alternatives to mend the company’s
The European Bank for Reconstruction and Development is considering extending Romania’s lender BRD two credit lines amounting to up to EUR30 million to finance energy saving projects
Swedish Sweco Monday said it has won a EUR3 million contract to provide consultancy service for the modernization of the Stejaru-Bicaz hydropower plant, a unit of Romania’s hydropower
The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president
Greece’s ATEbank will launch an open public tender to sell its 93.27% stake in ATEbank Romania, as part of a wider restructuring program, the Greek lender said in a statement Thursday
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a pretax profit of 25 million lei (EUR5.75 million) in 2011, down from RON42 million previously predicted, the
Romanian investment fund Fondul Proprietatea Thursday said its net profit inched up 0.5% to 536 million lei (EUR123.4 million) in November, from RON533.4 million a month earlier.
