PROGRESS
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OMV Petrom Announces Strong Progress in Strategy 2030 Execution
OMV Petrom, the largest integrated energy producer in South-East Europe, is making progress in the implementation of Strategy 2030, with around half of the record EUR11 billion investments planned by 2030 have already been made.
OMV Petrom Makes Progress in Neptun Deep Project
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, has announced the start of the construction works for the steel jacket, platfo...
RON300M Worth Of Orders To Sell During Fondul Proprietatea’s Buyback Offering So Far
Investors, either retail or institutional, have put in orders with their brokers to sell about RON300 million worth of Fondul Proprietatea (FP.RO) shares so far during a buyback offer, which...
Sale Of OTP Bank Romania Makes Progress, Final Bids Expected For Early September
The sale of OTP Bank Romania is going ahead, and in Bucharest these days there are "management presentations" between OTP and the three banks it is in talks with.
Report: Over Half Of EU Firms Took Steps To Improve Digital Presence
The COVID-19 crisis prompted a surge in the digitalization efforts of EU firms, with more than half (53%) of EU firms taking steps in 2022 to enhance their digital presence, such as offering...
Laptaria Cu Caimac Dairy Plant: Banks Don’t Fund Long-Term Industrial Projects
One of the obstacles hindering the progress of the food industry is bank funding, because banks do not grant loans for more than ten years, so those investing in production are unable to be...
Builders In No Hurry To Finish Highway Works
The ten leading highway construction sites in Romania advanced by an average 8% between February 1 and May 1, according to a ZF analysis based on information sent by highway authority CNADNR...