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CHINA

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China Taps Romanian Grain Trading
Companies

China Taps Romanian Grain Trading

COFCO Corporation, China’s biggest agricultural raw material trader, a state-owned company, acquired 51% in stock of Dutch group Nidera, a company with a strong position in Romania's assets.

Catalina Apostoiu · 28.02.2014 · 00:00 · 1 min
What Lies In Store For Romania's Energy Market In 2014
Energy

What Lies In Store For Romania's Energy Market In 2014

The Romanian state and oil and gas producer OMV Petrom (SNP.RO) are bracing for tough negotiations in 2014 over the royalties charged for Petrom’s oil and gas, Petrom and Exxon will drill th...

Daniela Stoican · 06.01.2014 · 00:03 · 4 min
Chinese Companies In Romania Boast Turnover Of Half A Billion Euros
Companies

Chinese Companies In Romania Boast Turnover Of Half A Billion Euros

Chinese-controlled companies had a total turnover of 2 billion lei (EUR454 million) in Romania last year, down 8% against the previous year, according to Trade Registry data.

Oana Gavrila · 29.11.2013 · 08:04 · 1 min
Voinea: Romania’s Agrifood Exports To China Will Trigger Current Account Surplus In 2014
Macroeconomics

Voinea: Romania’s Agrifood Exports To China Will Trigger Current Account Surplus In 2014

Romania's current account balance will post a surplus next year, fueled by agrifood exports to China starting January 1, 2014, Minister-delegate for Budget Liviu Voinea said Tuesday.

Ecaterina Craciun · 26.11.2013 · 16:32 · 1 min
China To Invest EUR5B In Romanian Energy Projects - Minister
Energy

China To Invest EUR5B In Romanian Energy Projects - Minister

Romania’s minister-delegate for Energy Constantin Nita said Tuesday that Chinese investors have pledged total financing worth EUR5 billion for local energy projects.

Florentina Dragu · 26.11.2013 · 15:22 · 1 min
Romania May Export 4-5 Mln Sheep To China - Minister
Retail&Consumer

Romania May Export 4-5 Mln Sheep To China - Minister

Romania may export about 4-5 million sheep to China, Agriculture Minister Daniel Constantin said Tuesday at the China – CEE Economic Forum in Bucharest.

Ioana Tudor · 26.11.2013 · 14:45 · 1 min
China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE
Macroeconomics

China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE

China is ready to explore with European Union countries various ways to use a special $10 billion financing line to support infrastructure and energy projects in central and eastern Europe,...

Florentina Dragu · 26.11.2013 · 13:04 · 1 min
Chinese PM: China, CEE Countries Must Double Trade In Next Five Years
Social/Politics

Chinese PM: China, CEE Countries Must Double Trade In Next Five Years

Trade between China and countries in Central and Eastern Europe (CEE) must double in the next five years, as its value is still low, Chinese Prime Minister Li Keqiang said Tuesday in Buchare...

Ioana Tudor · 26.11.2013 · 12:54 · 1 min
Romania, China Sign Several Cooperation Agreements Targeting Energy Sector
Energy

Romania, China Sign Several Cooperation Agreements Targeting Energy Sector

Romania signed several agreements with China Monday, settling the resumption of cattle and pig exports to the Asian country and ensuring cooperation in several energy projects.

Ioana Tudor · 25.11.2013 · 15:44 · 1 min