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Capital Market
MedLife Gets Shareholder Approval To Extend EUR228M Credit Limit By EUR50
The shareholders of private medical service provider MedLife (M.RO) on Friday approved during an Extraordinary General Meeting the authorization of the company’s Board of Directors to negotiate with Banca Comerciala Romana as arranger and other lenders that ar...
Banks-Insurance
Romania To Raise RCA Compensation Limits By Over 30% In 2012
The maximum limits on compensation for Romanian mandatory car insurance policies (RCA) will be raised on January 1 by 33.3%, to EUR1 million, for material damage from traffic accidents, and...
Energy
Romania May Limit Wind Farm Capacities To Protect Power Grid
Wind farms may have a cap placed on their installed capacity if they start distorting the energy system, Tuesday said Marius Cernat, deputy general manager of the national power grid operato...