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Govt Approved EUR170M State Aid for 30 Projects in 2020
Companies

Govt Approved EUR170M State Aid for 30 Projects in 2020

Romania’s government in 2020 approved state aid for 30 projects with more than EUR500 million investments. State aid accounts for more than one third of this figure.

Loredana Frățilă-Cristescu · 24.03.2021 · 09:35 · 1 min
TeraPlast Gets Antitrust Clearance To Sell Window Profiles Business Line; Price Estimated At EUR4.5M
Companies

TeraPlast Gets Antitrust Clearance To Sell Window Profiles Business Line; Price Estimated At EUR4.5M

TeraPlast, the parent company of TeraPlast Group, said Wednesday in a stock market announcement that the Competition Council gave a favorable opinion regarding the sale of TeraPlast’s window...

Ecaterina Craciun · 10.02.2021 · 17:49 · 1 min
CEZ - MIRA Deal Awaits Approval From Romania Supreme Council Of National Defense
Companies

CEZ - MIRA Deal Awaits Approval From Romania Supreme Council Of National Defense

The transaction between Czech energy group CEZ and Australia’s Macquarie Infrastructure and Real Assets (MIRA) is now awaiting approval only from Romania’s Supreme Council of National Defens...

Ecaterina Craciun · 08.01.2021 · 11:20 · 1 min
Antitrust Body Clears SIF Banat-Crisana To Acquire Doosan IMGB
Companies

Antitrust Body Clears SIF Banat-Crisana To Acquire Doosan IMGB

Romania’s Competition Council on Friday said it approved a transaction whereby regional investment fund SIF Banat-Crisana (SIF1.RO) had acquired Doosan IMGB SA.

Ecaterina Craciun · 13.11.2020 · 12:30 · 1 min
Fondul Proprietatea Gets Financial Watchdog’s Approval For Program To Repurchase Shares At RON1.39/Unit
Companies

Fondul Proprietatea Gets Financial Watchdog’s Approval For Program To Repurchase Shares At RON1.39/Unit

Romania’s Financial Supervisory Authority (ASF) has approved the public offering document for the repurchase of shares and/or global depositary receipts (GDRs), with investment fund Fondul P...

Ecaterina Craciun · 04.11.2020 · 20:30 · 1 min
Central Bank OKs Pedro Weiss’ Appointment As Independent Member Of Raiffeisen Bank Supervisory Bank
Banks-Insurance

Central Bank OKs Pedro Weiss’ Appointment As Independent Member Of Raiffeisen Bank Supervisory Bank

Romania’s central bank has approved the appointment of Pedro Miguel Weiss as independent member of the Supervisory Board of lender Raiffeisen Bank.

Ecaterina Craciun · 09.10.2020 · 17:24 · 1 min
Valerie Marcelle Villafranca Gets Romania Central Bank Approval To Join BRD Board Of Directors
Banks-Insurance

Valerie Marcelle Villafranca Gets Romania Central Bank Approval To Join BRD Board Of Directors

Romania’s central bank has approved the nomination of Valerie Marcelle Paule Villafranca as Member of the Board of Directors of BRD-SocGen.

Ecaterina Craciun · 09.07.2020 · 13:07 · 1 min
Antitrust Body Clears Caussade Semences Acquisition By Euralis
Companies

Antitrust Body Clears Caussade Semences Acquisition By Euralis

Romania’s Competition Council on Friday said it approved the transaction whereby agricultural raw material and farming seeds producer Euralis Semences Holding is acquiring French-held Caussa...

Ecaterina Craciun · 03.04.2020 · 13:08 · 1 min
Minet Ramnicu Valcea Awaiting Final Approval To Start Making Fabric For Masks And Coveralls
Companies

Minet Ramnicu Valcea Awaiting Final Approval To Start Making Fabric For Masks And Coveralls

Ramnicu Valcea-based Minet SA, the largest manufacturer of non-woven fabric in Romania, is expecting the necessary approvals from Romania’s Military Equipment and Technologies Research Agenc...

Loredana Frățilă-Cristescu · 02.04.2020 · 09:00 · 1 min