CONTRACTS
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Hidroelectrica Terminates Bilateral Contracts With Four Companies
Romanian state-owned hydropower producer Hidroelectrica terminated all direct sale contracts it had with SNLO, Salrom and CLMB Patinoar Brasov, while Luxten Lightning ended the contract “for...
Top Ten Road Infrastructure Contracts: Money Goes To Construction, Rather Than Upgrades
The ranking of the top ten infrastructure projects awarded this year shows that the Transport Ministry is finally prioritizing spending and moving money from road repairs to highway construc...
Development Ministry, Authorities In Deva Sign Four Contracts Worth RON37M
Romanian Development Ministry state secretary Razvan Murgeanu and Deva mayor Mircia Muntean on Friday signed four financing contracts worth about 37 million lei (EUR8.52 million) through reg...
Strabag Romania Works Value Dips 2% To EUR117M In First 9 Months
Construction company Strabag Romania performed works worth a total EUR117 million in the first nine months of the year, down 2% on the year, but the order backlog nearly tripled to EUR535.9...
Four Institutions Calculate Number Of Employees But Get Different Results
The Labor Ministry has published data on the number of employees based on the information from the labor inspection departments; there were over 5.25 million employees on payrolls at the end...
Public Officials Owning Over 5% In A Firm May Be Forced To Disclose Contracts With State
The Romanian Senate’s administration committee on Tuesday approved a bill whereby only public officials who own over 5% of a firm must disclose the respective firm’s contracts with the state...
OMV Petrom Acquired Maintenance, Transport Worth EUR100M In September
Romanian oil and gas producer OMV Petrom (SNP.RO) acquired in September maintenance and transport services worth an approximate total EUR100 million, from subsidiaries of Austrian group Chri...
Hidroelectrica Lacks The Means To Terminate Direct Sale Contracts
State-owned hydropower producer Hidroelectrica does not have the means to terminate its direct sale contracts, which are “perhaps” concluded over “too extended” periods, Wednesday said the c...
Hidroelectrica: None Of Our Contracts Can Be Considered State Aid
The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Al...