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Economy Ministry To Transfer Control Of Transelectrica, Transgaz To Finance Ministry - Draft
Energy

Economy Ministry To Transfer Control Of Transelectrica, Transgaz To Finance Ministry - Draft

Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Min...

Ioana Tudor · 18.03.2013 · 17:54 · 1 min
Constanta Casino Returned To Local Authorities For Rehabilitation
Real Estate

Constanta Casino Returned To Local Authorities For Rehabilitation

Romania’s Tourism Ministry has decided to transfer the Casino building in Constanta, southeast Romania, to local authorities because it cannot afford to rehabilitate the building, a historic...

Oana Gavrila · 06.09.2012 · 12:34 · 1 min
Wizz Air Moves To Cluj-Napoca While Targu Mures Airport Is In Maintenance
Automotive

Wizz Air Moves To Cluj-Napoca While Targu Mures Airport Is In Maintenance

Low-cost airline Wizz Air will move its operations to the Cluj-Napoca International Airport between August 30 and September 5, during which time Targu Mures airport will be closed for mainte...

Radu Bostan · 21.08.2012 · 14:28 · 1 min
Romania’s Stake In Rompetrol Transferred To Economy Ministry
Energy

Romania’s Stake In Rompetrol Transferred To Economy Ministry

Romania’s Finance Ministry plans to transfer its 44.7% stake in oil refinery Rompetrol Rafinare (RRC.RO) to the privatization division of the Economy Ministry, according to a government draf...

Florentina Dragu · 08.06.2012 · 16:48 · 1 min
Volksbank Romania Transferred To New Volksbank AG Unit By End September
Banks-Insurance

Volksbank Romania Transferred To New Volksbank AG Unit By End September

Volksbank Romania will be transferred to a new division of Austria’s Volksbank AG, after the latter agreed to sell its eastern European arm Volksbank International to Russian Sberbank, the h...

Florentina Dragu · 02.09.2011 · 15:42 · 1 min
Capital Market

Prodplast Imobiliare Considers 10% Stake Buyback If Left On ATS

Prodplast Imobiliare might buy back as much as 10% of its stock if it fails to move, in June, from the alternative trading system of the Sibiu bourse to a regulated market.

Andrei Cîrchelan · 25.05.2011 · 19:25 · 1 min
Capital Market

Retrasib Shares OKed For Transfer To Bucharest 2nd Tier

Romanian engine maker Retrasib Sibiu (RTRA.RO) was given green light to transfer its share from Rasdaq market to the Bucharest bourse’s second tier, pending approval from the stock exchange’...

Florentina Dragu · 18.05.2011 · 19:18 · 1 min