Companies
US Halliburton Chooses Ploiesti To Open Service Base For Its Oil Industry Customers
US-based Halliburton group, an about $25 billion business with 70,000 employees, which specializes in providing services and equipment to the oil and gas industry, has chosen Ploiesti (south...
Cupru Min Privatization Failed Because Of Lack Of Information
The most important privatization of the past few years, that of copper producer Cupru Min, which exploits 60% of Romania’s national copper reserves, has failed, leaving only unanswered quest...
Cupru Min Privatization Fails As Roman Copper Rejects Conditions Imposed By Romania
The privatization of Romanian copper producer Cupru Min has failed as Canada-based Roman Copper Corp. refused to submit an environment investment guarantee, pay within 30 days EUR200.7 milli...
Roman Copper Says It Has Reached Final Verbal Agreement With Romania On Acquiring Cupru Min
Canada’s Roman Copper has reached a definitive verbal agreement with Romanian authorities Friday on the acquisition of copper producer Cupru Min, and expects the agreement will be applied, B...
EXCLUSIVE: Romania Imposed Nonnegotiable Environment Protection Terms For Cupru Min Privatization
The conditions imposed by Romania’s Government in the draft contract to sell copper producer Cupru Min stated the prospective buyer will carry out additional water and road infrastructure in...
Gabriel Resources: Alba Iulia Court Ruling Doesn’t Affect Rosia Montana’s 2002 Zoning Plan
Gabriel Resources, owner of Rosia Montana Gold Corporation, the company developing a mining project in Romania, considers that the ruling of the Alba Iulia Court of Appeals issued Thursday d...
Romanian PM Says Cupru Min Simply Unprofitable
Romanian Prime Minister Mihai Ungureanu Thursday said the government had to sell the copper producer Cupru Min because the company wasn’t profitable and turning it around would have entailed...
Renania Eyes 26% Hike In 2012 Sales, To EUR28M
Romanian safety equipment supplier Renania Targu Mures on Thursday said it expects sales to rise 26% this year, to EUR28 million, and the plan is to reach a turnover of EUR40 million by the...
Ungureanu: Romania Keeps Taxation System Unchanged In 2012
Romanian Prime Minister Mihai Razvan Ungureanu said Thursday on public radio the Government will bring no changes to the current taxation system until the end of 2012.