Romanian Economy Ministry Drafts New Electricity Law
Romanian energy service providers will pay fines worth up to 10% of turnover if found with abusive practices against the end consumer, under a draft law developed by the Economy Ministry
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cele mai relevante primeleRomanian Opposition On Parliamentary Strike Until Elections
Romania's Social-Liberal Union (USL), made up of the three major opposition parties, will go on a parliamentary strike until the next elections, Liberal Party president Crin Antonescu
Romanian Leu Weaken Vs Euro, Following Region
The Romanian leu opened Friday nearly flat on the day, but it soon entered a downward trend, following the other currencies in the region, on fears of the sovereign debt crisis and
Romanian Leu Weakens Vs Euro, Following Region
The Romanian leu opened Friday nearly flat on the day, but it soon entered a downward trend, following the other currencies in the region, on fears of the sovereign debt crisis and
Romanian Banca Carpatica Appoints New Board Member
The shareholders of Romanian lender Banca Carpatica (BCC.RO) on Tuesday appointed Silviu Popa as member of the Supervisory Board, replacing Emilia-Elena Uca, who resigned in May.
Euronet Worldwide Takes Over Romanian Smart PayNetwork
US-based Euronet Worldwide announced it has bought Smart PayNetwork (PayNet), a Romanian payment services supplier that processes around 15 million card transactions each year.
Romanian UniCredit, EIF Sign EUR87.5M JEREMIE Agreement
The European Investment Fund and Romania’s UniCredit Tiriac Bank have signed a guarantee agreement under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative
Moody’s: Romanian Banks Under Increasing Outside Pressure
Moody’s Investors Service Monday warned Romanian banking system could come under increasing pressure due to the escalation of the European banking and sovereign debt crisis.
Romanian Authorities Set Up Strategy For SNLO
Romanian authorities will continue to lay off staff at coal mining company SNLO, cease underground activity, remove positions created through direct employment and send staff into furlough
Romanian Chimcomplex To Build EUR22M Power Unit
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) will invest up to EUR22 million in a new thermal power unit, the company said in a statement Tuesday.