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Naspers Is Entitled To Buy At Least Another 8.5% Stake In eMag
Technology &Telecoms

Naspers Is Entitled To Buy At Least Another 8.5% Stake In eMag

After buying a 70% stake in Romania’s largest online computer and electronics retailer eMag last year, South Africa’s Naspers group imposed strict conditions for the sale of the remaining sh...

Ecaterina Craciun · 10.09.2013 · 07:32 · 2 min
Exports Drive Ecopaper Zarnesti Revenue Up 21%
Retail&Consumer

Exports Drive Ecopaper Zarnesti Revenue Up 21%

Ecopaper Zarnesti, a manufacturer of paper for corrugated cardboard owned by businessman Vladimir Cohn, posted revenues of over 62.1 million (EUR13.7 million) in the first half of 2013, up 2...

Tudor Ioana Raluca · 10.09.2013 · 00:00 · 1 min
Otopeni Airport Sees Rise In Passenger Numbers, Welcomes New Airlines
Automotive

Otopeni Airport Sees Rise In Passenger Numbers, Welcomes New Airlines

The Henri Coanda International Airport in Otopeni, Romania’s largest airport, served 3.5 million passengers in the first half of 2013, about 1% more on the year.

Tudor Ioana Raluca · 10.09.2013 · 00:00 · 1 min
Gabriel Resources May File Legal Action Against Romania If Rosia Montana Project Rejected
Social/Politics

Gabriel Resources May File Legal Action Against Romania If Rosia Montana Project Rejected

Canada’s Gabriel Resources, which holds 80.69% in a joint-venture developing the gold mining project in Rosia Montana, said Monday it will assess all possible actions, including legal procee...

Ioana Tudor · 09.09.2013 · 19:48 · 2 min
Ruling Coalition Leaders Want Rosia Montana Project Rejected By Parliament Days After Government’s Green Light
Social/Politics

Ruling Coalition Leaders Want Rosia Montana Project Rejected By Parliament Days After Government’s Green Light

The only solution to the gold mining project in Rosia Montana, western Romania, is for the plan to be rejected with urgency by the Senate and the Chamber of Deputies and “that’s that,” Prime...

Ioana Tudor · 09.09.2013 · 14:55 · 1 min
Posta Romana Wants To Buy 132 Vehicles In Leasing For EUR1.62M
Companies

Posta Romana Wants To Buy 132 Vehicles In Leasing For EUR1.62M

Romania’s state-owned postal company Posta Romana will set up an auction, in the second half of October, to award a contract estimated at EUR1.61 million, VAT included, for the purchase of 1...

Ecaterina Craciun · 09.09.2013 · 13:49 · 1 min
INS: Adjusted Construction Works Up 8.5% On Month In July
Macroeconomics

INS: Adjusted Construction Works Up 8.5% On Month In July

Romanian construction works rose 8.5% in July from a month earlier, on higher activity in most sectors, the statistics institute INS said Monday.

Bogdan Neagu · 09.09.2013 · 10:19 · 1 min
Toepfer To Export 60,000 Tons Of Romanian Wheat To Egypt
Companies

Toepfer To Export 60,000 Tons Of Romanian Wheat To Egypt

Grain trader Alfred Toepfer International, controlled by U.S. corporation ADM, has won a contract for the supply of 60,000 tons of Romanian wheat to Egypt, between the first and tenth of Nov...

Ecaterina Craciun · 09.09.2013 · 09:54 · 1 min
Monsanto Says Corn Seed Demand In CEE Doubled In Last 3 Years
Companies

Monsanto Says Corn Seed Demand In CEE Doubled In Last 3 Years

The demand for certified corn seed from farmers in Central and Eastern Europe (CEE) has doubled over the last three years, pushing producers’ sales to $1.6 billion, said Jagresh Rana, Commer...

Ecaterina Craciun · 09.09.2013 · 00:00 · 3 min