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Farmers Have Invested EUR260M In Silos Over Past Four Years
Companies

Farmers Have Invested EUR260M In Silos Over Past Four Years

Romanian farmers and agricultural product traders have built silos and storehouses with a capacity of 2.6 million tons over the past four years. This means EUR260 million investments, accord...

Tudor Ioana Raluca · 05.12.2012 · 00:00 · 2 min
Hotel Complex Radisson Blu In Bucharest Valued At More Than EUR100M
Companies

Hotel Complex Radisson Blu In Bucharest Valued At More Than EUR100M

The net worth of hotel complex Radisson Blu in Romania’s capital Bucharest is seen at EUR103.5 million, according to a report by Israeli group Elbit Imaging, which holds a 77% stake in Bucur...

Ioana Tudor · 04.12.2012 · 14:14 · 1 min
Romania TV Cable Subscriptions Up 2.9% in 1H, To 5.92 Million
Media

Romania TV Cable Subscriptions Up 2.9% in 1H, To 5.92 Million

The number of TV cable subscribers in Romania reached 5.92 million at the end of June, up 2.9% from the end of 2011 and 5.2% compared to the first half of last year, telecom regulator ANCOM...

Oana Gavrila · 04.12.2012 · 11:05 · 1 min
Alfred Toepfer Wins Tender To Deliver EUR16M Worth Of Wheat To Egypt
Companies

Alfred Toepfer Wins Tender To Deliver EUR16M Worth Of Wheat To Egypt

Alfred C. Toepfer International, the second largest trader in agricultural products on the Romanian market, won a tender in Egypt to supply 60,000 tons of wheat worth EUR16 million.

Loredana Frățilă-Cristescu · 04.12.2012 · 00:00 · 2 min
Unicredit: Romania’s New IMF Deal Should Include Budget Allocations For EU Funds
Banks-Insurance

Unicredit: Romania’s New IMF Deal Should Include Budget Allocations For EU Funds

Romanian authorities could commit to a multiannual allocation of budget resources necessary to provide the co-financing of EU funds that Romania plans to attract by 2015, if the country ente...

Neagu Bogdan Mircea · 04.12.2012 · 00:00 · 2 min
Hidroelectrica Lifts Force Majeure On Power Delivery
Energy

Hidroelectrica Lifts Force Majeure On Power Delivery

Romanian state-owned hydropower producer Hidrolectrica lifted its force majeure on electricity delivery on December 1, as hydrological conditions have improved, the company’s court-appointed...

Ioana Tudor · 03.12.2012 · 14:51 · 1 min
EIB Considers EUR157M Loan For Thermal Rehabilitation In Bucharest
Banks-Insurance

EIB Considers EUR157M Loan For Thermal Rehabilitation In Bucharest

The European Investment Bank could extend a EUR157 million loan to the Bucharest authorities for the thermal rehabilitation of multi-storey residential buildings located in the city’s first...

Florentina Dragu · 03.12.2012 · 14:11 · 1 min
Ponta: Management Authorities To Go Under Sole Authority Between 2014-2020
Social/Politics

Ponta: Management Authorities To Go Under Sole Authority Between 2014-2020

Romania’s management authorities will be transferred under a single authority during 2014-2020, first of all under the coordination of a minister and then under regional control, Prime Minis...

Manuela Panescu · 03.12.2012 · 14:10 · 1 min
Antitrust Body Starts Investigation Targeting Port Administrator
Companies

Antitrust Body Starts Investigation Targeting Port Administrator

Romania’s Competition Council has started an inquiry on the ship piloting and towage market, targeting ports administered by state-owned company Administratia Porturilor Maritime Constanta (...

Ioana Tudor · 03.12.2012 · 14:09 · 1 min