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ECONOMY MINISTRY

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Social/Politics

Economy Ministry’s SME Agency To Up Staff Numbers By 39 People

The Romanian Economy Ministry’s agency for small and medium sized businesses will raise its staff numbers by 39 people to be taken over from other institutions under the ministry’s authority...

Oana Gavrila · 03.08.2011 · 12:07 · 1 min
Energy

Romania Plans Capital Increases Through IPOs At Hidroelectrica, Nuclearelectrica

Romanian Economy Ministry plans to increase by 10% the capital of state-run energy producers Hidroelectrica and Nucleaelectrica through new share offerings, the ministry said in a statement...

Florentina Dragu · 27.07.2011 · 16:37 · 1 min
Energy

Government Restructures CNH Mining Company, Will Notify EU Next Week

The authorities will notify the European Commission next week on its plan to reorganize the mining company Compania Nationala a Huilei (CNH), the country’s largest debtor, Economy Ministry o...

Florentina Dragu · 26.07.2011 · 18:15 · 1 min
Energy

Economy Ministry Ups Renewable Energy Fund Cap To EUR287M

Romanian Economy Ministry has increased by EUR100 million the budget for renewable energy projects co-financed from European funds, the ministry said in a statement Tuesday.

Florentina Dragu · 12.07.2011 · 18:04 · 1 min
Roibu Says Romania Lost Dominance Among Oltchim Holders
Capital Market

Roibu Says Romania Lost Dominance Among Oltchim Holders

Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Car...

Andrei Cîrchelan · 05.07.2011 · 13:36 · 1 min
Energy

State-Owned Energy Companies To Lay Off 1,500 People

Six Romanian state-owned energy firms will lay off a total 1,480 employees this year, or 5% of their overall staff, in a bid to boost efficiency, according to a draft government decision of...

Andrei Cîrchelan · 16.06.2011 · 12:22 · 1 min
Romania To Sell 15% Stakes In Nuclearelectrica, Hidroelectrica In 2012
Energy

Romania To Sell 15% Stakes In Nuclearelectrica, Hidroelectrica In 2012

Romania's Economy Ministry plans to sell stakes of 15% in state-owned energy producers Nuclearelectrica and Hidroelectrica in 2012, a ministry official said Thursday.

Florentina Dragu · 19.05.2011 · 13:28 · 1 min
Energy

Romania Applies To EIB For CO2 Storage Projects Funding

Romania submitted Monday with the European Investment Bank the literature of two demonstrative carbon dioxide storage projects, in a bid to secure non-refundable EU money.

Andrei Cîrchelan · 10.05.2011 · 13:33 · 1 min
Social/Politics

Economy Ministry Drafts Strategy To Boost Exports

Romania’s Economy Ministry put forward a bill to create a risk fund, financed from the state budget, to fight the economic crisis and support exporters of Romanian products and services.

Ioana Tudor · 06.05.2011 · 17:12 · 1 min