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New Energy Strategy To Be Completed By End-July - State Secretary
Energy

New Energy Strategy To Be Completed By End-July - State Secretary

The Romanian Economy Ministry secretary of state Rodin Traicu on Wednesday said the country’s new energy strategy will be completed by the end of July.

Ioana Tudor · 20.06.2012 · 15:52 · 1 min
How Cocor Went From Making Profit To Falling Behind With Its Loans
Real Estate

How Cocor Went From Making Profit To Falling Behind With Its Loans

Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), whic...

Neagu Bogdan Mircea · 13.06.2012 · 15:35 · 5 min
OMV: Petrom Will Remain An Integrated Company, But Any Fiscal Change Will Affect Investment Plans
Energy

OMV: Petrom Will Remain An Integrated Company, But Any Fiscal Change Will Affect Investment Plans

Almost one year since becoming chief executive of OMV, Gerhard Roiss gives a few clues about the prospects of Romania's largest oil and gas producer, Petrom, as well as its future challenges...

Radu Bostan · 05.06.2012 · 00:00 · 7 min
Centrofarm Changes Development Focus
Health

Centrofarm Changes Development Focus

Catia Radulescu, Centrofarm’s new chief executive officer, said the development of the retail pharmacy chain will be intensive over the coming period, which means it will focus on expanding...

Ioana David · 01.06.2012 · 00:00 · 2 min
Petrom In 2021: What The Largest Oil Company In Romania Could Look Like In 10 Years
Energy

Petrom In 2021: What The Largest Oil Company In Romania Could Look Like In 10 Years

Petrom, the largest oil company in Romania, is preparing its strategy for the next decade, and the document will be presented this summer, according to the latest available information.

Roxana Petrescu · 23.05.2012 · 00:00 · 5 min
CSA To Analyze Risk Management With Data From Auto Insurers
Banks-Insurance

CSA To Analyze Risk Management With Data From Auto Insurers

Romanian providers of civil auto liability insurance (RCA) may be required to send an estimate regarding the segment's indicators every year to the market regulator, CSA, to be used in a ris...

Radu Bostan · 10.04.2012 · 17:59 · 1 min
Romania Keeps Focus On Nuclear Energy
Energy

Romania Keeps Focus On Nuclear Energy

Romania will continue its nuclear energy strategy, but there might be some important changes in the near future, and the government needs to consider issuing state guarantees for the funding...

Andrei Cîrchelan · 05.04.2012 · 14:35 · 1 min
Prime Minister Wants Parliament To Endorse Anticorruption Strategy
Social/Politics

Prime Minister Wants Parliament To Endorse Anticorruption Strategy

Romanian Prime Minister Mihai Razvan Ungureanu will propose the signing by the Parliament of a political declaration on the application of the 2012-2015 National Anticorruption Strategy, whi...

Radu Bostan · 20.03.2012 · 13:21 · 1 min
Succes Retail Chain To Focus On Private Labels In 2012
Retail&Consumer

Succes Retail Chain To Focus On Private Labels In 2012

Businessman Nicolae Sarcina, who owns the Succes store chain, plans to focus on hypermarkets and private brands in 2012.

Cristina Roșca · 13.02.2012 · 00:00 · 2 min