Companies
EIA: Romanian Shale Gas Resources Enough To Meet Consumption For 100 Years
Romania has enough shale gas resources to meet consumption needs over the next century, according to estimates from the US Energy Information Administration, or EIA.
Manpower: Romanian Companies To Slow Down Hiring In 3Q/2013
The hiring outlook in Romania will weaken by 3 percentage points in the third quarter of 2013 compared with the previous quarter and by 7 percentage points compared with the similar interval...
Economy Minister: Enterprise Financing In Romania 4 Times More Expensive Than In Germany
Economy Minister Varujan Vosganian said on Monday at ZF Live, the business show broadcast daily on zf.ro from 10:00 to 11:00 every morning that bank financing has become a problem for Romani...
Grup Servicii Petroliere Expects EUR300M Revenue In 2013
Grup Servicii Petroliere, the flagship company of the Upetrom group, made 143.5 million (EUR32 million) net profit in 2012, compared with RON307.3 million loss in 2011, and 2% higher revenue...
Ponta Says 16% Flat Tax Will Remain Unchanged During USL Mandate
Romanian Prime Minister Victor Ponta said Monday in Berlin the 16% flat tax will be kept unchanged during the four-year mandate of social-liberal ruling coalition USL, to guarantee the stabi...
VF Insolventa Fails To Sell ONT Carpati’s 35% Stake In JW Marriott Monday
No investor bought the taskbook to participate in an auction for the sale of bankrupt firm ONT Carpati’s 35% stake in Societatea Companiilor Hoteliere Grand, the owner of five-star hotel JW...
Main Changes To Romania's Green Energy Law
A controversial emergency ordinance, recently adopted by the Romanian government, which amends the law on the production of renewable energy, has been published in the Official Journal.
Romania’s Revised Green Energy Support Leaves Out Exemption For Large Consumers
Romania’s newly revised support scheme for renewable energy producers has left out a previous stipulation under which industrial consumers would be exempted from paying part of the productio...
ONT Carpati’s 35% Stake In JW Marriott Bucharest To Be Auctioned Off
VF Insolventa, the liquidator of bankrupt firm ONT Carpati, put up for sale the latter’s 35% stake in Societatea Companiilor Hoteliere Grand, the owner of five-star hotel JW Marriott in Buch...