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Insolvent Romstrade Downsizes Staff To 100 Employees From 930 In December 2012
Automotive

Insolvent Romstrade Downsizes Staff To 100 Employees From 930 In December 2012

Romstrade, once one of the largest construction firms in Romania, has downsized its staff to below 100 employees after entering insolvency a year ago.

Ioana Tudor · 07.10.2013 · 15:00 · 1 min
CNADNR To Terminate Transalpina Constraction Contract With Romstrade
Automotive

CNADNR To Terminate Transalpina Constraction Contract With Romstrade

Romania’s national roads authority CNADNR will terminate a contract with firm Romstrade, which has failed to complete the construction of the country’s highest paved road Transalpina (2,145...

Ioana Tudor · 15.09.2013 · 18:57 · 1 min
Romania Signs CFR Marfa Sale Contract
Automotive

Romania Signs CFR Marfa Sale Contract

Romania’s Transport Ministry and Grup Feroviar Roman (GFR) Monday signed the sale contract for freight railway carrier CFR Marfa.

Ecaterina Craciun · 02.09.2013 · 17:36 · 1 min
Ponta: CFR Marfa Sale Contract Could Be Signed Monday
Companies

Ponta: CFR Marfa Sale Contract Could Be Signed Monday

Romanian Prime Minister Victor Ponta on Tuesday said the sale contract for freight railway carrier CFR Marfa could be signed Monday, September 2, adding the decision is the hands of newly ap...

Ecaterina Craciun · 27.08.2013 · 16:04 · 1 min
Adrem Invest Won Contracts Worth EUR25M In 1H
Energy

Adrem Invest Won Contracts Worth EUR25M In 1H

Bucharest-based engineering company Adrem Invest won contracts worth EUR25 million in the first half of the year and will develop projects in China, South Korea and Uzbekistan.

Ioana Tudor · 13.08.2013 · 11:20 · 1 min
Joint Venture Including Condmag Brasov Gets RON58M Contract With Romgaz
Energy

Joint Venture Including Condmag Brasov Gets RON58M Contract With Romgaz

A joint venture consisting of Sutech Medias, Condmag Brașov (COMI.RO), and Inspet Ploiesti will get RON58.4 million (EUR13.1 million) plus TVA from state-owned natural gas producer Romgaz Me...

Oana Gavrila · 11.08.2013 · 13:11 · 1 min
Posta Romana To Deliver Driving Licenses, Vehicle Registration Certificates For RON32.1M
Companies

Posta Romana To Deliver Driving Licenses, Vehicle Registration Certificates For RON32.1M

Romanian state-run postal company Posta Romana will provide courier services for the delivery of driving licenses and vehicle registration certificates to beneficiaries, over the next four y...

Ecaterina Craciun · 06.08.2013 · 14:32 · 1 min
Exxon and Petrom’s $850M Black Sea Contracts: 70% to U.S. Companies, Only 0.1% To Romania
Energy

Exxon and Petrom’s $850M Black Sea Contracts: 70% to U.S. Companies, Only 0.1% To Romania

ExxonMobil and Romania’s largest company Petrom, have awarded contracts of almost $850 million since the start of deep-sea works in the Romanian section of the Black Sea, according to data c...

Tudor Ioana Raluca · 05.08.2013 · 07:28 · 2 min
Consortium Signs Gas Pipe Repair Contract Worth EUR5M With Transgaz
Energy

Consortium Signs Gas Pipe Repair Contract Worth EUR5M With Transgaz

A consortium of firms Condmag Brasov (COMI.RO), Trustul de Instalatii si Constructii and Gazproiect has signed a contract worth 21.8 million de lei (about EUR5 million) a with state-owned na...

Ioana Tudor · 01.08.2013 · 18:20 · 1 min