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CONTRACT

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CFR Awards RON500M Railway Upgrade Contract
Automotive

CFR Awards RON500M Railway Upgrade Contract

Romania’s state-owned railway company CFR has awarded a contract worth 498.2 million lei (EUR113.6 million), net of VAT, for upgrades on rail sections Coslariu (Alba county) - Simeria (Huned...

Ecaterina Craciun · 31.01.2013 · 17:22 · 1 min
Romania Signed No Highway Construction Contract In 2012
Social/Politics

Romania Signed No Highway Construction Contract In 2012

Six national road repair projects, construction of three bypasses and road strengthening works – these are the main contracts signed by the company in charge of Romania’s national roads and...

Oana Gavrila · 30.01.2013 · 09:17 · 3 min
BNR Buys Six Armored Vehicles For EUR900,000
Banks-Insurance

BNR Buys Six Armored Vehicles For EUR900,000

Romania’s Central Bank will purchase six armored vehicles based on contract worth 3.88 million lei (EUR900,000), net of VAT.

Ecaterina Craciun · 17.01.2013 · 15:10 · 1 min
Blue Air Cancels $462.2M Order To Buy Five Boeing Planes
Companies

Blue Air Cancels $462.2M Order To Buy Five Boeing Planes

Romania’s low-cost airline company Blue Air Wednesday said it annulled a $462.2 million order placed in 2008 for buying five Boeing 737 planes scheduled for delivery between 2015-2016, fuele...

Manuela Panescu · 09.01.2013 · 20:17 · 1 min
CNADNR Wants To Contract Road Maintenance Services Of RON950M
Automotive

CNADNR Wants To Contract Road Maintenance Services Of RON950M

Romanian national roads authority CNADNR wants to sign seven contracts with an estimated value of 950.7 million lei (EUR215.3 million), VAT excluded, to maintain roads during summertime in 2...

Ioana Tudor · 03.01.2013 · 14:10 · 1 min
Expert Petroleum To Supply OMV Petrom RON1.4B Services For Production Enhancement
Energy

Expert Petroleum To Supply OMV Petrom RON1.4B Services For Production Enhancement

Expert Petroleum will provide Romania's leading oil and gas group OMV Petrom (SNP.RO) services for production enhancement in the western Timis county, following a deal priced at 1.39 billion...

Manuela Panescu · 28.12.2012 · 13:21 · 1 min
Prospectiuni Wins EUR80M Contract To Seek Oil And Gas For Petrom
Energy

Prospectiuni Wins EUR80M Contract To Seek Oil And Gas For Petrom

Prospectiuni (PRSN.RO), the geological prospecting company owned by Romanian businessman Ovidiu Tender, has won a EUR79.8 million contract for 2D and 3D onshore prospecting works for OMV Pet...

Manuela Panescu · 28.12.2012 · 00:00 · 1 min
CNADNR Terminates Contract To Build Nadlac-Arad Highway Section
Automotive

CNADNR Terminates Contract To Build Nadlac-Arad Highway Section

Romania’s national roads authority CNADNR said Thursday it terminated a contract to construct the first section of the Nadlac-Arad highway, arguing that the consortium selected to build the...

Ioana Tudor · 22.11.2012 · 20:49 · 1 min
Borza: There Are In Fact 500 “Smart Guys” At Hidroelectrica
Companies

Borza: There Are In Fact 500 “Smart Guys” At Hidroelectrica

Money has been sucked out of Hidroelectrica through 500 overvalued commercial contracts, and the company’s ten contracts for selling electricity were only the tip of the iceberg.

Manuela Panescu · 16.11.2012 · 00:00 · 3 min