CONTRACTS
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Antitrust Watchdog Wants No Restrictive Clauses In Contracts Between Brewers And HoReCa Units
Romania’s Competition Council suggests amending the contracts concluded between brewers and the HoReCa (Hotels, Restaurants, Catering) sector in a move to eliminate clauses which restrict co...
Uzinider Signs Contracts Worth EUR18M With GE, Siemens For 2014
Industrial group Uzinsider expects turnover of EUR63 million for 2013, up 15% on the year, supported by exports, which account for 95% of its total sales.
CNADNR To Pay RON1.14B For Construction Of Two Sections Of Lugoj-Deva Highway
Romania’s national roads authority CNADNR will pay 1.14 billion lei (EUR0.2 billion), VAT not included, to the consortia building the second and third sections of the Lugoj-Deva highway, whi...
PAID Sells 107,000 Mandatory Home Insurance Policies In October
The Romanian Pool of Insurance against Natural Disasters (PAID) issued 107,000 mandatory home insurance policies in October and increased its portfolio to over 530,000 contracts, up 25% on t...
Romania Had 5.1 Million Employees And 5.6 Million Work Contracts In September
Romania registered 5,131,022 employees at the end of September 2013 and over 5.6 million ongoing individual work contracts, labor inspection authorities said Thursday.
Nuclearelectrica Returns To Profit
Nuclear power producer Nuclearelectrica, which covers around 20% of Romania’s energy consumption, has lost 23 energy sale contracts since the beginning of the year after the buyers decided t...
Roads Authority Signs Contracts Of Just EUR6M In First Half Of The Year
The nine largest contracts signed in the first half of this year by the National Highways and Roads Company in Romania (CNADNR), are worth less than EUR6 million in total, equivalent to the...
Petrom To Award EUR450M Oilfield Infrastructure Contracts
Romania’s leading oil and gas company OMV Petrom (SNP.RO) plans to commission infrastructure works of up to EUR450 million for the redevelopment of seven mature onshore oil fields, the compa...
Cluj Authorities Sign RON125M Financing Contracts For Industrial Parks
Local authorities in Cluj-Napoca, northwestern Romania, on Friday signed two financing contracts worth 125 million lei (EUR28.8 million), which target the setting up of a new industrial park...