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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
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
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.
Rominserv Valves Iaifo Zalau, the general contractor of Romania’s second-largest oil group Rompetrol, estimates total revenue of $200 million in 2011, slightly down from $217 million
Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) plans to draw capital for the development of activity at three firms where it holds stock in association with investment fund
The Romanian leu opened Wednesday with a strengthening trend against the euro, on low traded volumes, while activity was reduced in the market.
Nuclearelectrica, operator of Romania's sole nuclear power plant at Cernavoda, Monday shut down the plant's reactor 2 in order to repair a malfunction.
Romanian insurer AXA Life Insurance won in November an auction held by electricity distributor Electrica, for a 18.1 million lei (EUR4.23 million) health insurance contract.
The Romanian leu opened Wednesday roughly flat on the day, in a market with little to no activity.
