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Capital Market
evoMAG No Longer Buying Elefant Online
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange, notified its shareholders on Monday evening that it dropped plans to sell 68.4% to Evolution Prest Systems SRL, which is 64% held by evoMAG founder and CEO Mihai Ispas Patrascu.
Energy
Romania Considers Terminating Hidroelectrica Bilateral Contracts, After Failed Negotiations
Romania's Economy Ministry has failed to reach an agreement with the beneficiaries of the bilateral contracts signed with state hydropower producer Hidroelectrica, and has called in the Just...
Automotive
Development Ministry Cancels Two Road Upgrade Auctions
The Romanian Development Ministry cancelled two auctions for road upgrading through the National Infrastructure Development Program (PNDI) in counties Arges, Olt, Dolj and Gorj.