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Romania Approves Transaction Between NC KazMunayGas and China Energy Company Limited
KMG International Group (KMGI) on Thursday welcomed the recent decisions of the Romanian authorities approving the transaction signed at the end of 2016 between its main shareholder – nation...
EC Approves Financing For Three Road Infrastructure Projects In Romania, Worth Over EUR400M
The European Commissioner for Regional Policy, Corina Cretu, has approved financing for three road infrastructure projects in Romania, worth over EUR400 million.
Competition Council Clears Takeover Of Star East Pet By Austrian Giant ALPLA
Romania’s Competition Council has approved the acquisition of Star East Pet, headquartered in Romanian city of Brasov and specialized in the manufacturing of PET preforms for beverages, food...
ASF Approves Biggest Tender Offer For Repurchase Of Fondul Proprietatea Shares
Romania’s Financial Supervisory Authority (ASF) approved the biggest tender offer for the repurchase of shares issued by Romanian investment fund Fondul Proprietatea (FP). Franklin Templeton...
Antitrust Watchdog Clears Takeover Of Gas Supply Activity Of C-Gaz&Energy Distributie By CEZ Vanzare
Romania’s Competition Council has cleared the operation whereby CEZ Vanzare SA is taking over the natural gas supply activity, under competition conditions, of C-Gaz&Energy Distributie SRL,...
RON100M State Aid Approved For 3,300 Jobs
Romania’s Finance Ministry approved state aid for 23 companies in various sectors such as industry, call-centers, consultancy and IT, and the list of those that had their applications turned...
Bank Of Beirut Tries To Persuade BNR To Approve Takeover Of Marfin Bank Romania
Bank of Beirut, the sixth leading bank in Lebanon, is trying to persuade Romania’s central bank (BNR) to approve its takeover of Marfin Bank Romania, banking sources say.
Cabinet Approves Purchase Of 12 Used F-16 Fighter Jets From Portugal For EUR628M
Romania’s government approved Wednesday a bill on the acquisition of 12 used F-16 fighter jets from Portugal for EUR628 million to be paid in 2013-2017.