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Technology &Telecoms
Posta Romana Terminates EUR90M Contracts
Romania’s state-owned postal company, with EUR327 million in turnover and EUR29 million losses last year, has terminated three contracts worth around EUR90 million in total, signed between 2...
Automotive
Bechtel Owes Millions Of Euros To Romanian Subcontractors For 2010 Highway Works
Over 50 local companies that subcontracted works for U.S. Bechtel, which is building Romania’s Transylvania Highway, have called on Cluj prefect Florin Stamatian for help to recover debts of...
Social/Politics
Romanian Finance Min: About 20,000 Cos May Pay Debts In Tranches
Romania's Finance Ministry estimates that about 20,000 companies will meet the conditions of government emergency ordinance no. 29/2011 and will thus be able to pay their debts to the state...