Companies
Romania To Double Threshold On Direct-Award Public Procurement Contracts
Romania’s Government plans to double to EUR30,000 the threshold on public service, works and product contracts awarded directly, without public procurement auctions.
Romania’s 2012 Wheat Yield At 4.7 Mln Tons - Agriculture Minister
Romania’s 2012 wheat production amounts to 4.7 million tons, down from 5.79 million tons last year, Agriculture Minister Daniel Constantin said Friday.
Aerostar Bacau 1H Turnover Up 38% To RON88.1M
Romanian aircraft manufacturer Aerostar Bacau (ARS.RO) on Friday reported a 38% turnover increase for the first half of 2012, to 88.1 million lei (EUR20 million) from RON63.6 million in the...
Cesal Oradea Buys Deutek's Adhesive And Dry Mortar Plant
Construction materials manufacturer Cesal Oradea, held by Poland’s Atlas group, has bought the Deutek adhesive and dry mortar plant in Fundulea (southern Romania).
Romania To Draw EU Funds Of EUR353M For Dambovita Sewerage Network Upgrade
Romania will access EUR350 million in European Union funds for the rehabilitation of Dambovita river's filtering unit, sewerage network and the main collector canals, according to a tri-part...
Government Approves Plan To Sell 20% Stake In Posta Romana
Romania's Government has approved the plan to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per...
Romania Loses EUR3M As Riverboats Get Stuck On Danube Because Of Drought
The recent drought has made the Danube's level in Romania drop below two meters, leaving riverboats unable to reach the Delta and costing the country more than EUR3 million in tourism revenu...
Romania Wants To Sell 20% In Posta Romana By End-September To Strategic Investor
Romania's Communications Ministry wants to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a p...
Audit Report Reveals Unjustified Expenses At Several State-Owned Companies
Most companies under the authority of the Romanian Economy Ministry spent money illegally over the past years, Economy Minister Daniel Chitoiu said Friday.