Companies
Damen Builds Cable Lay Ships In Galati To Install Power Cables In North Sea
The Galati shipyard held by Netherlands-based Damen group will build a cable lay vessel that can be used to deploy the cables connecting wind farms to the power grid.
Law Market After 1Q: Ongoing Fee Pressure, Foreign Player Exits
In the first quarter of 2014, the business law market witnessed a series of events that, overall, point to a worsening of issues that emerged in previous years.
In Romania, Plants Grow Out Of Sync With The “Prestige” Of Cities
The 140-year old Grivita brewery of Bucharest will become a real estate project, a former sweets plant in Brasov was acquired by Germany’s retailer Lidl and is to be turned into a store and...
Greek Malideros Family Wants EUR3M From Osho, Its New Bet
Georgios Malideros moved to Romania a year ago to manage his family’s real estate businesses, together with his father, and meanwhile bought from Romanian entrepreneur Florin Radulescu the t...
Romania Needs EUR30B Energy Investments In The Next 15-20 Years
Romania’s energy industry requires investments of over EUR30 billion over the next 15 to 30 years to boost competitiveness and ensure its independence from foreign resources, according to of...
Hidroelectrica Estimates 2014 Production At 13.9 TWh, Down 6% On Year
Romania's insolvent state-owned hydropower generator Hidroelectrica estimates it will produce 13.9 TWh of electricity this year, 6% less than in 2013, when it produced 14.8 TWh.
Romania Postpones CE Oltenia IPO For September Or October Instead Of June
A 15% stake in Romanian state-run energy holding CE Oltenia will be listed in September or October instead of June, as initially agreed with the International Monetary Fund, as the assisting...
Hidroelectrica Sells RON13.45M Of Electricity On OPCOM Power Exchange
Romania's state-owned hydropower generator Hidroelectrica, under insolvency, sold energy of RON13.45 million (nearly EUR3 million) on the OPCOM power exchange Tuesday to trader Fidelis Energ...
Ford: Waterway Transportation Cheapest, We Need Good Road To Danube Port
If Romania wants to attract investors and become competitive in the region, it needs to speed up infrastructure upgrade process, believes Zoltan Brassai, managing director of Ford Romania an...