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Romania's Wheat Exports More Than Double To EUR300M So Far In 2013
Companies

Romania's Wheat Exports More Than Double To EUR300M So Far In 2013

Romanian wheat exports more than doubled to EUR300 million in the first nine months of 2013, from EUR146 million a year earlier, Agriculture Minister Daniel Constantin said Thursday.

Florentina Dragu · 26.09.2013 · 15:43 · 1 min
Lawyer: Bill Regulating Farmland Purchase By Natural Persons To Block Land Market
Companies

Lawyer: Bill Regulating Farmland Purchase By Natural Persons To Block Land Market

Romania’s new bill regulating transactions with farmland located outside towns will block the local land market, as some of its provisions cannot be applied, and it will turn the country int...

Ecaterina Craciun · 26.09.2013 · 14:52 · 1 min
Foreign Producers To Trade Gas On Romania’s Power Exchange Soon - Minister
Energy

Foreign Producers To Trade Gas On Romania’s Power Exchange Soon - Minister

Romania’s government will likely amend next month the Energy Law to allow foreign producers to trade natural gas on the local energy exchange OPCOM, the minister-delegate for Energy Constant...

Florentina Dragu · 26.09.2013 · 14:32 · 1 min
Romania Doesn’t Need New Derogation For Milk Processors – Industry Official
Retail&Consumer

Romania Doesn’t Need New Derogation For Milk Processors – Industry Official

Romanian milk producers don’t want a new derogation from the EU for the processing of non-standard milk, Dorin Cojocaru, head of the owners’ association in the milk industry APRIL, said Thur...

Oana Gavrila · 26.09.2013 · 14:00 · 1 min
Bucharest Public Transport Unions Postpone September 30 Strike For October 14
Social/Politics

Bucharest Public Transport Unions Postpone September 30 Strike For October 14

Unionists with Bucharest public transport companies Metrorex and RATB have postponed until October 14 a full-blown strike planned for September 30, union leader Ion Radoi said Thursday.

Oana Gavrila · 26.09.2013 · 12:33 · 1 min
H&M Sales In Romania Up 41% In December-August, To EUR71.4M
Retail&Consumer

H&M Sales In Romania Up 41% In December-August, To EUR71.4M

Sales of Swedish fashion retailer H&M in Romania increased 41% in December -August, the first three quarters of the current fiscal year, to SEK620 million (EUR71.4 million).

Oana Gavrila · 26.09.2013 · 11:31 · 1 min
Casa de Insolventa Transilvania Appointed Judicial Administrator For Bankrupt Constructor Alpine
Automotive

Casa de Insolventa Transilvania Appointed Judicial Administrator For Bankrupt Constructor Alpine

Casa de Insolventa Transilvania (CITR) has been designated the judicial administrator for construction company Alpine SA, part of Austria’s Alpine group, undergoing bankruptcy.

Oana Gavrila · 26.09.2013 · 11:11 · 1 min
Templeton Gets Fondul Proprietatea To Buy Back 600 Million Shares To Save Its Mandate
Capital Market

Templeton Gets Fondul Proprietatea To Buy Back 600 Million Shares To Save Its Mandate

Fondul Proprietatea’s plan to launch a public tender offer to buy back 600 million or 4.35% of its own shares could be the last chance for Franklin Templeton, the fund’s manager, to keep its...

Oana Gavrila · 26.09.2013 · 08:05 · 4 min
Kosarom Plans To Export Pork To China
Retail&Consumer

Kosarom Plans To Export Pork To China

Kosarom group, one of the largest meat producers and processors on the local market, expects to see exports of meat and meat products reach EUR8 million or 20% of its annual revenue, owner N...

Oana Gavrila · 26.09.2013 · 08:03 · 1 min