NITA
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Romania Economy Remains On Positive Path - Minister
Romania’s Economy Minister Constantin Nita on Monday said the local economy remains “on a positive path” despite having contracted for two consecutive quarters.
Economy Ministry Seeks Ways To Stimulate Electricity Consumption For Population
Economy Ministry is looking for ways to stimulate electric power consumption for populations and small and medium businesses, via state aids or taxation, minister Constantin Nita stated.
Romania Seeks Financing In China For Energy And Road Infrastructure Projects
Romanian Economy Minister Constantin Nita met Wednesday in China with the vice-president of the Industrial and Commercial Bank of China, the world’s largest bank by market capitalization, an...
Oltchim Won’t Be Shut Down, It Will Eventually Be Privatized: Economy Minister
Romanian insolvent chemical company Oltchim SA (OLT.RO) will not be shut down and will be privatized later if government does not manage to sell it on June 6, Economy Ministry Constantin Nit...
Nita: Romania To Sell 15% In Cuprumin Next Year
Romanian state-run copper producer Cuprumin Abrud will likely float 15% of its own shares in Bucharest next year, following a modernization process, Economy Minister Constantin Nita said Thu...
Minister: Romania Has No Intention To Split Hidroelectrica, But It Would Be A Good Idea
The Romanian state is not currently considering splitting hydropower producer Hidroelectrica, although this would be a good idea, Minister Delegate for Energy Constantin Nita said Tuesday at...
Gas Producers Could Be Forced To Sell Up To 30% Of Output On Commodities Market
Romanian producers and distributors of natural gas could be forced by law to sell on the local commodities market 20% to 30% of the volumes produced or proposed for distribution, minister de...
Energy Minister: Romania To Encourage Investments In Thermal Plant Pollution Cut
Romania's coal-fueled energy production would remain sustainable for many years and companies investing in CO2 emission cut might get certain incentives from the state, Minister Delegate for...
Nita: Shareholders To Decide On AGRI Project This Year
Shareholders of gas route project Azerbaijan-Georgia-Romania Interconnector (AGRI) would have a meeting this year to decide whether they continue the investment or not, Romanian Minister Del...