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Delta ACM Looking For Work In Azerbaijan
Companies

Delta ACM Looking For Work In Azerbaijan

Florea Diaconu, the owner of Bucharest-based builder Delta ACM 93, is looking at Azerbaijan, Algeria and Libya for opportunities, after having got a highway construction contract in Iraq, as...

Neagu Bogdan Mircea · 25.01.2013 · 00:00 · 1 min
Romania Spent Over EUR1B On Road Infrastructure Works In 2012
Automotive

Romania Spent Over EUR1B On Road Infrastructure Works In 2012

Romania has managed in 2012 to finalize 125 kilometers of highways, upgrade 286 kilometers of national roads and finish 18 kilometers of beltways, according to data provided by the country’s...

Ecaterina Craciun · 31.12.2012 · 12:00 · 1 min
Tarom’s Recently Selected CEO Doesn’t Accept Contract Terms, Has Until Monday To Decide - Sources
Automotive

Tarom’s Recently Selected CEO Doesn’t Accept Contract Terms, Has Until Monday To Decide - Sources

Heinrich Vystoupil, recently selected to fill the position of chief executive officer of Romanian state-owned airline Tarom, does not accept the terms included in his contract and has until...

Ioana Tudor · 26.10.2012 · 20:19 · 1 min
Energy

Oltchim Will Put Public Procurement Contracts At Privatization Office’s Disposal

Romanian chemical company Oltchim (OLT.RO) will send all its public procurement contracts whose initial value exceeds EUR500,000 to the Economy Ministry’s privatization office OPSPI.

Ioana Tudor · 03.10.2012 · 18:31 · 1 min
Alstom Inks EUR160M Gas Desulphurization Deals In Romania, Taiwan
Energy

Alstom Inks EUR160M Gas Desulphurization Deals In Romania, Taiwan

French-based power company Alstom Wednesday said it has secured two contracts worth a total of EUR160 million to supply air quality control systems in Romania and Taiwan.

Florentina Dragu · 12.09.2012 · 17:44 · 1 min
Economy Ministry Signs Financing Contracts Worth RON51M With 7 Firms
Banks-Insurance

Economy Ministry Signs Financing Contracts Worth RON51M With 7 Firms

Romania’s Economy Ministry said Wednesday it signed 7 non-reimbursable financing contracts of 233.2 million lei (EUR51.3 million) early August, within the EU-funded program targeting product...

Manuela Panescu · 08.08.2012 · 15:35 · 1 min
Energy

Economy Ministry Signs Financing Contracts Worth RON486M With 16 Firms

Romania’s Economy Ministry said Tuesday it signed 16 non-reimbursable financing contracts of 486 million lei (EUR106.3 million) between July 9 and July 27, within the EU-funded program incre...

Ioana Tudor · 31.07.2012 · 18:34 · 1 min
Hidroelectrica Cancels Two More Bilateral Deals
Energy

Hidroelectrica Cancels Two More Bilateral Deals

Romanian Economy Minister Daniel Chitoiu Friday said insolvent power producer Hidrolectrica terminated two more bilateral electricity deals concluded with Alpiq RomIndustries and Alpiq RomEn...

Manuela Panescu · 20.07.2012 · 18:10 · 1 min
Hidroelectrica Administrator: We Are Preparing For Force Majeure
Energy

Hidroelectrica Administrator: We Are Preparing For Force Majeure

Romania’s largest insolvency, that of energy producer Hidroelectrica, is proving an increasingly tough mission, since the company could again use the force majeure clause because of the drou...

Radu Bostan · 11.07.2012 · 00:00 · 3 min