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INS: Romania Unemployment Rate Down To 6.4% In February
Macroeconomics

INS: Romania Unemployment Rate Down To 6.4% In February

Romania's unemployment rate was down to 6.4% in February, from 6.5% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.

Bogdan Neagu · 31.03.2015 · 10:00 · 1 min
Romgaz Announces Two New Gas Discoveries In Romania
Energy

Romgaz Announces Two New Gas Discoveries In Romania

Romania’s largest natural gas producer Romgaz (SNG.RO) Monday announced two new onshore gas discoveries, which account for 3% of its daily production.

Bogdan Neagu · 30.03.2015 · 11:02 · 1 min
Nuclearelectrica Restarts Reactor After Repair Works
Energy

Nuclearelectrica Restarts Reactor After Repair Works

Romanian nuclear power company Nuclearelectrica (SNN.RO) reconnected one of its reactors to the power grid after performing some repair works, the company said Monday.

Bogdan Neagu · 30.03.2015 · 10:30 · 1 min
INS: Romanian Executives See Economic Rebound In Spring Season
Macroeconomics

INS: Romanian Executives See Economic Rebound In Spring Season

Romanian managers predict activity in all economic sectors will grow over the March-May period compared with the previous three months, the statistics institute INS said in a survey released...

Bogdan Neagu · 30.03.2015 · 10:01 · 1 min
Romania Issued More Housing Permits In February
Macroeconomics

Romania Issued More Housing Permits In February

Romanian housing permits went up 34.3% to 2,249 units in February, from 1,647 units a month earlier, the country’s statistics institute INS said Monday.

Bogdan Neagu · 30.03.2015 · 10:00 · 1 min
Household Gas Bills To Drop 3.9% On Average In April
Energy

Household Gas Bills To Drop 3.9% On Average In April

Prices for natural gas delivered to household consumers will decrease by an average 3.9% as of April 1, due to lower acquisition prices and distribution tariffs for gas supplied on the regul...

Oana Gavrila · 29.03.2015 · 17:20 · 1 min
Nuclearelectrica To Pay Four-Time Lower Dividend From 2014 Profit
Energy

Nuclearelectrica To Pay Four-Time Lower Dividend From 2014 Profit

Romanian nuclear power producer Nuclearelectrica (SNN.RO) plans to pay a four-time lower dividend from last year’s profits following the abrupt decrease of its net result.

Bogdan Neagu · 27.03.2015 · 17:11 · 1 min
Social/Politics

EU Fund Minister Teodorovici To Be Appointed Finance Minister

Eugen Teodorovici will be Romania's new Finance Minister and his position as EU funds minister will be taken over by Marius Nica, current secretary general at the Labor Ministry.

Oana Gavrila · 27.03.2015 · 16:54 · 1 min
Electrica To Pay RON250M As Dividends
Energy

Electrica To Pay RON250M As Dividends

Romanian electricity distribution company Electrica (EL.RO) proposed the payment of a gross dividend of 0.7217 lei (EUR0.16) per share from the 2014 profits, the company said in a statement...

Bogdan Neagu · 27.03.2015 · 16:53 · 1 min