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Calafat-Vidin Bridge To Be Inaugurated Friday, June 14
Automotive

Calafat-Vidin Bridge To Be Inaugurated Friday, June 14

The road-rail bridge over the Danube linking Calafat (Romania) to Vidin (Bulgaria) will be inaugurated Friday, June 14, the Government said Wednesday.

Ioana Tudor · 12.06.2013 · 16:05 · 1 min
Most Insolvencies Triggered By High Debts, Mismanagement, Lower Consumer Demand
Banks-Insurance

Most Insolvencies Triggered By High Debts, Mismanagement, Lower Consumer Demand

Managers in Romania believe that lower consumer demand is the reason why the companies they run have gone insolvent, while facts show most of insolvencies were triggered by high debts and mi...

Ioana Tudor · 12.06.2013 · 12:57 · 1 min
Orange Wants To Make Satellite TV Mass Market Service In Romania
Companies

Orange Wants To Make Satellite TV Mass Market Service In Romania

Orange, the largest player on the mobile telephony market, has this Wednesday officially entered the satellite TV market, planning to turn this service into a mass-market one. Orange wants t...

Oana Gavrila · 12.06.2013 · 07:54 · 3 min
Five Companies To Pay RON2.53B Dividends By End June
Companies

Five Companies To Pay RON2.53B Dividends By End June

OMV Petrom (SNP.RO), Fondul Proprietatea (FP.RO), Transgaz (TGN.RO), SIF Moldova (SIF2.RO) and Transelectrica (TEL.RO) are due to begin dividend payment in the next two weeks and will thus u...

Oana Gavrila · 12.06.2013 · 07:52 · 1 min
100 Largest Importers In Romania Account For 40% Of Total Imports
Companies

100 Largest Importers In Romania Account For 40% Of Total Imports

The 100 largest importers account for almost 40% of the total imports or more than EUR21 billion euros, according to the National Statistics Institute.

Oana Gavrila · 12.06.2013 · 07:50 · 3 min
Bioethanol Producer Bio Fuel Energy Eyes 10% Higher Turnover In 2013
Companies

Bioethanol Producer Bio Fuel Energy Eyes 10% Higher Turnover In 2013

Romanian Bio Fuel Energy, which produces bioethanol, livestock feed and vegetable oil, expects a 10% rise in sales this year from 290 million lei (EUR64 million) in 2012 to RON320 million, d...

Ecaterina Craciun · 12.06.2013 · 00:00 · 2 min
Romania May Have Several Universal Postal Services Providers
Companies

Romania May Have Several Universal Postal Services Providers

Universal postal services in Romania might be ensured by one or more postal operators selected by telecom market regulator ANCOM for a period that will not exceed ten years, as state-owned p...

Ioana Tudor · 11.06.2013 · 15:57 · 1 min
Green Energy Market Still Alluring, Despite Law Amendments - Lawyers
Energy

Green Energy Market Still Alluring, Despite Law Amendments - Lawyers

Romania remains an attractive market for green energy projects despite the authorities’ recent decision to curtail state support for producers, according to representatives of TPA Horwath an...

Florentina Dragu · 11.06.2013 · 15:34 · 1 min
Coface: Average Turnover Of Firms Entering Insolvency In 1Q Tripled On Year
Banks-Insurance

Coface: Average Turnover Of Firms Entering Insolvency In 1Q Tripled On Year

The average turnover of firms that entered insolvency in the first quarter of 2013 is triple compared to that of firms that defaulted on their debts in the similar interval a year ago, despi...

Ioana Tudor · 11.06.2013 · 15:11 · 1 min