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Posta Romana, DPD Set Up International Parcel Delivery Service RoadShip
Automotive

Posta Romana, DPD Set Up International Parcel Delivery Service RoadShip

Romanian state-owned postal operator Posta Romana and DPD Romania, part of French group Geopost, have signed an agreement to set up an international delivery service, which will become opera...

Ioana Tudor · 25.07.2013 · 16:11 · 1 min
Orange, Vodafone Romania Plan To Jointly Develop Local 4G Networks
Companies

Orange, Vodafone Romania Plan To Jointly Develop Local 4G Networks

Telecom operators Orange Romania and Vodafone Romania plan to team up to jointly develop their local 4G networks, a move expected to help the two companies save dozens of millions of euros i...

Ecaterina Craciun · 25.07.2013 · 00:00 · 3 min
Basescu Calls on Parliament And Government To “Partner” For Romania’s Schengen Entry
Social/Politics

Basescu Calls on Parliament And Government To “Partner” For Romania’s Schengen Entry

President Traian Basescu on Tuesday called for a "partnership" between the Parliament and the Government in view of Romania’s accession to the border-free Schengen area, arguing it is an "ob...

Ecaterina Craciun · 12.03.2013 · 16:39 · 1 min
China’s Sinovel Mulls Starting Wind Turbine Production In Romania
Energy

China’s Sinovel Mulls Starting Wind Turbine Production In Romania

Sinovel Wind Group Co, China's largest wind turbine producer, aims to partner up with Romanian Faur plant, held by brothers Emil and Marius Cristescu, and start production in Bucharest.

Manuela Panescu · 22.01.2013 · 17:00 · 1 min
OMV Petrom, Expert Petroleum Sign Partnership For Production Enhancement
Energy

OMV Petrom, Expert Petroleum Sign Partnership For Production Enhancement

Romania’s leading oil and gas group OMV Petrom (SNP.RO) has signed a 15-year agreement with Expert Petroleum for production enhancement services on 13 small mature oil and gas fields located...

Ecaterina Craciun · 21.12.2012 · 12:05 · 1 min
Portuguese Sonae Sierra Rejoins Bucharest ParkLake Plaza Project
Real Estate

Portuguese Sonae Sierra Rejoins Bucharest ParkLake Plaza Project

Portuguese developer Sonae Sierra set a joint-venture agreement with Ireland’s Caelum Development, which envisages a EUR185 million investment in the construction of Bucharest-based ParkLake...

Manuela Panescu · 16.10.2012 · 17:41 · 1 min
Banks-Insurance

Kiwi Finance To Broker Home Loans Offered By Raiffeisen Banca Pentru Locuinte

Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL) will offer home loans though lending broker Kiwi Finance, following a partnership between the two companies.

Ioana Tudor · 09.10.2012 · 14:25 · 1 min
Basescu: Partnership With USA Focused On Economic Matters And Brought Exxon, Chevron
Energy

Basescu: Partnership With USA Focused On Economic Matters And Brought Exxon, Chevron

Romanian President Traian Basescu said Tuesday that, since the signing of the declaration on a strategic partnership, relations with the United States have focused on economic matters, with...

Radu Bostan · 04.09.2012 · 14:10 · 1 min
Bunge And Prio Foods Merge Romanian Vegetable Oil Operations
Retail&Consumer

Bunge And Prio Foods Merge Romanian Vegetable Oil Operations

International agri-food companies Bunge and Prio Foods on Monday said they have signed an agreement to merge the vegetable oil facilities they operate in Romania.

Ioana Tudor · 30.07.2012 · 15:17 · 1 min