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Road Authority Signs RON190M Contract For Bucharest Bypass Upgrade
Automotive

Road Authority Signs RON190M Contract For Bucharest Bypass Upgrade

Romania's public roads authority CNADNR on Monday signed a contract of 188.98 million lei (EUR42.052 million), VAT not included, with the consortium Tehnologica Radion - Consitrans - PRO Con...

Ecaterina Craciun · 21.08.2012 · 12:06 · 1 min
Romanian Railway Company Gets Three Bids For RON530M Line Upgrade
Automotive

Romanian Railway Company Gets Three Bids For RON530M Line Upgrade

Romania’s state-owned railway company CFR received three bids for the upgrade of a portion of railway part of the fourth pan-European transport corridor, an investment estimated at 530.5 mil...

Oana Gavrila · 14.08.2012 · 13:08 · 1 min
Alpiq To Review Business In Romania After Energy Deals With Hidroelectrica Cancelled
Energy

Alpiq To Review Business In Romania After Energy Deals With Hidroelectrica Cancelled

Swiss electricity supplier Alpiq said it will review its business in Romania after state-owned hydropower producer Hidroelectrica terminated the direct sale energy deals signed with its loca...

Ioana Tudor · 24.07.2012 · 12:34 · 1 min
Ponta Says Problems At Insolvent Hidroelectrica To Be Eliminated By Fall
Energy

Ponta Says Problems At Insolvent Hidroelectrica To Be Eliminated By Fall

The problems that disrupted the functioning of Romanian insolvent hydropower producer Hidroelectrica will be removed and the company will get back to normal by this fall, Prime Minister Vict...

Ioana Tudor · 24.07.2012 · 11:58 · 1 min
Technology &Telecoms

Telecom Regulator Receives Seven Consulting Services Bids For e-Learning Platform

Romania’s telecom market regulator ANCOM on Thursday received seven consulting services bids for the e-ancom.ro project, an e-learning platform for ANCOM employees.

Ioana Tudor · 20.07.2012 · 12:16 · 1 min
Economy Minister Says More Hidroelectrica Bilateral Energy Contracts Will Be Terminated
Energy

Economy Minister Says More Hidroelectrica Bilateral Energy Contracts Will Be Terminated

Romanian Economy Minister Daniel Chitoiu on Thursday ensured the country’s Supreme Defense Body that no asset belonging to insolvent hydropower producer Hidroelectrica will be sold otherwise...

Ioana Tudor · 19.07.2012 · 23:27 · 1 min
First Loss For Energy Holding: EUR8 Million In 2011
Companies

First Loss For Energy Holding: EUR8 Million In 2011

Energy Holding, one of the most profitable private energy traders, ended 2011 in the red, after having made hefty profits from selling the cheap electricity it got from state-owned hydropowe...

Roxana Petrescu · 16.07.2012 · 00:00 · 1 min
Astaldi-Led Consortium To Extend Bucharest’s Subway Mainline 4 For RON714.73M
Automotive

Astaldi-Led Consortium To Extend Bucharest’s Subway Mainline 4 For RON714.73M

Bucharest subway operator Metrorex and a consortium led by Italian constructor Astaldi on Thursday signed a contract worth 714.73 million lei (EUR158 million), VAT excluded, to extend the ci...

Ioana Tudor · 12.07.2012 · 11:52 · 1 min
Romanian Aerostar Wins $18.5M Plane Repair Contract
Capital Market

Romanian Aerostar Wins $18.5M Plane Repair Contract

Romanian aircraft parts maker Aerostar Bacau (ARS.RO) said Monday it has won an $18.5 million plane overhaul contract.

Ioana Tudor · 09.07.2012 · 11:39 · 1 min