COMPANIES
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Petrom, Dacia And Rompetrol Still Largest Companies In Romania
OMV Petrom (SNP.RO), Dacia and Rompetrol remained the largest companies in Romania in 2011, having posted more than 53.6 billion lei (EUR12.6 billion) in revenue, according to the data provi...
Two Companies Interested In Taking Over Vulcan Bucuresti
Two companies operating in the energy sector are interested in acquiring steam generator maker Vulcan Bucuresti (VULC.RO), owned by Romanian businessman Ovidiu Tender, people close to the ma...
Businesspeople Urge Government To Build Highways, Back Local Companies, End Political Bickering
In the two months since being instated, Romania’s new government has mainly stood out through political disputes and failed to come up with any concrete plans to restart the economy, at a ti...
Enterprise Investors: We’ll Keep Investing In Growing Companies
Cristian Nacu, partner of Polish private equity firm Enterprise Investors, one of the most active in recent years, says the company will go ahead with its acquisitions despite the fact that...
Romania Approves RON27M Financing For Five Companies For Investments
Five Romanian firms will receive 27.2 million lei (EUR6.1 million) in non-refundable financing from the European Union and the state budget, for investments with a total value of RON101.5 mi...
State Representatives Banned From Joining More Managing Boards, General Assemblies
Romania’s Government has decided state representatives will be allowed to be part of a single managing board or a single shareholders’ general assembly, banning them from being part of the d...
Bucharest Stock Exchange Wants Government To List State Companies Only On Local Market
The Bucharest Stock Exchange (BVB.RO) hopes to convince the government to list stakes in state-owned companies only on the local exchange to support the development of the Romanian capital m...
Romania Eyes Local, International Listing Of Key Power Companies
Romanian authorities plan to list minority stakes in key state-run energy and natural gas companies both on the Bucharest Stock Exchange and on international markets, economy minister-design...
Almost Half Of State Companies Allotted Some RON25M For Sponsorship, Protocol
Almost half of Romanian companies controlled by the state, mainly those under the authority of the Economy Ministry, budgeted over 25 million lei (EUR5.6 million) for 2012, for sponsorship,...