CORRECTION
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Could 2014 Be Best Year In History Of Bucharest Bourse?
2013 has been the best of the past six years for the Romanian stock exchange and most brokers are optimistic about 2014, if economic growth continues and political stability is maintained, and they believe dividends can mitigate corrections if the external tre...
EU Claims EUR70,000 Back From Romania For Delayed Agriculture Payments
The European Commission has to recover EUR335 million members states, including Romania, which has to pay back EUR70,000, because of non-compliance with EU rules or inadequate control proced...
Transgaz Revises Financial Results For 2011. Profit Down 3% From Preliminary Figure
Romanian state-owned gas transporter Transgaz (TGN.RO) on Monday announced its net profit stood at 379.5 million lei (EUR89.5 million) in 2011, down 3.2% from RON392 million it estimated bac...
Audit Authority Orders Prahova, Dambovita Counties To Return EU Funds Of Over EUR5M
The National Audit Authority within Romania’s Court of Accounts has instructed the Prahova and Dambovita County Councils to return more than EUR5 million in European funds, used to rehabilit...
Transgaz Requested Budget Correction As It Expects 53% Higher Profit
Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.