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Romania

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European Commission Grants Romania EUR74.3M For Oil Decontamination
Energy

European Commission Grants Romania EUR74.3M For Oil Decontamination

The European Commission approved an investment of EUR74.3 million from the European Regional Development Fund to clean up several oil contaminated sites in several counties throughout Romani...

Gabriela Stan · 23.04.2014 · 15:34 · 1 min
Stoica, BRM: Romania Likely To Set Up Agricultural Commodity Exchange In 2014
Social/Politics

Stoica, BRM: Romania Likely To Set Up Agricultural Commodity Exchange In 2014

The Romanian Commodities Exchange (BRM) already includes an operational agricultural commodity exchange, which has seen major trades so far this year, but Romania might have an individual Ag...

Ecaterina Craciun · 15.04.2014 · 14:35 · 1 min
UK-Romania Trade Growth Rate At 16% - British Ambassador
Companies

UK-Romania Trade Growth Rate At 16% - British Ambassador

UK Ambassador to Romania Martin Harris stated that the annual trade growth rate between Romania and the UK stands at 16%, which is a significant level in times of recession.

Gabriela Stan · 13.04.2014 · 13:29 · 1 min
BauMax Romania’s CFO Radu Stoica To Work For Deichmann Starting April 1
Retail&Consumer

BauMax Romania’s CFO Radu Stoica To Work For Deichmann Starting April 1

Radu Stoica, Chief Financial Officer (CFO) at home-improvements store chain BauMax Romania, will take over as CFO at footwear retailer Deichmann Romania, starting April 1, 2014.

Ecaterina Craciun · 11.04.2014 · 14:08 · 1 min
Daedalus Group: 1.5 Mln Smartphones And 400,000 Tablets Sold In Romania In 2013
Technology &Telecoms · ZF MOBILIO '14

Daedalus Group: 1.5 Mln Smartphones And 400,000 Tablets Sold In Romania In 2013

A total 1.5 million smartphones and 400,000 tablets were sold in Romania in 2013, Daedalus Group head Daniel Enescu said Wednesday at ZF Mobilio '14 conference organized by Ziarul Financiar.

Ecaterina Craciun · 10.04.2014 · 16:19 · 1 min
VIG’s 2013 Loss In Romania Double On Year At EUR98.7M
Banks-Insurance

VIG’s 2013 Loss In Romania Double On Year At EUR98.7M

Austria’s Vienna Insurance Group Thursday said its loss before tax in Romania doubled to EUR98.7 million in 2013, from EUR44.9 million registered in 2012, after the group took "preventive me...

Ecaterina Craciun · 10.04.2014 · 13:01 · 1 min
McCann Erickson CEE: Romania Fares Equally Well As Developed Countries Regarding Technological Evolution
Technology &Telecoms · ZF MOBILIO '14

McCann Erickson CEE: Romania Fares Equally Well As Developed Countries Regarding Technological Evolution

Romania does not lag behind developed countries regarding the development of mobile technologies and companies operating in connected industries can use that to their advantage, said Nir Ref...

Ecaterina Craciun · 09.04.2014 · 16:40 · 1 min
Petrom Is Romania's Largest Retailer By Revenue
Retail&Consumer

Petrom Is Romania's Largest Retailer By Revenue

Petrom’s gas station network of more than 500 units, with revenue of around 15 billion lei (EUR3.4 billion) in 2012, is Romania’s biggest retailer, followed at some distance by Rompetrol gas...

Catalina Apostoiu · 07.04.2014 · 00:00 · 3 min
EC Requires Romania To Pay Back EUR4.51M Spent Unduly Under Agricultural Policy
Banks-Insurance

EC Requires Romania To Pay Back EUR4.51M Spent Unduly Under Agricultural Policy

The European Commission is claiming back a total EUR318 million of EU agricultural policy funds, unduly spent by 11 member states, of which EUR4.51 million from Romania, the Commission said...

Oana Gavrila · 06.04.2014 · 12:15 · 1 min