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Romania Selects Team That Will Sell Stake In Romtelecom
Technology &Telecoms

Romania Selects Team That Will Sell Stake In Romtelecom

A consortium led by Swiss Capital – the largest brokerage on the Romanian market – will be the state’s consultant in the sale of the 46% stake in major telecom operator Romtelecom, according...

Daniela Stoican · 20.12.2013 · 00:00 · 1 min
Accace: Foreign Investors To Focus Mainly On Agriculture, IT And Outsourcing In Romania In 2014
Technology &Telecoms

Accace: Foreign Investors To Focus Mainly On Agriculture, IT And Outsourcing In Romania In 2014

Agriculture, IT and outsourcing will become the main fields of interests for foreign investors in Romania in 2014, according to outsourcing & advisory company Accace.

Ecaterina Craciun · 19.12.2013 · 15:04 · 1 min
2013 In Review: Ten Most Important Events In Energy Sector
Energy

2013 In Review: Ten Most Important Events In Energy Sector

The year 2013 looked like it was going to be a bumpy year right from the start. Rumors about the reduction of the green power support scheme, which attracted more than EUR4.5 billion investm...

Loredana Frățilă-Cristescu · 19.12.2013 · 00:00 · 8 min
Government Approves Biofuel Incentives For Oil Companies – Sources
Energy

Government Approves Biofuel Incentives For Oil Companies – Sources

The Romanian Government Wednesday approved the decision granting biofuel incentives to companies in the oil sector, people close to the matter told MEDIAFAX.

Ecaterina Craciun · 18.12.2013 · 19:55 · 1 min
Romania Puts Off Raising Fuel Excises For 3 Months; Basescu Agrees With 2014 Budget
Social/Politics

Romania Puts Off Raising Fuel Excises For 3 Months; Basescu Agrees With 2014 Budget

Romanian Prime Minister Victor Ponta Wednesday said the planned increase in fuel excises by EUR0.07/liter, starting January 1, 2014, will be delayed for three months, until March 31, 2014.

Ecaterina Craciun · 18.12.2013 · 17:48 · 1 min
Romania’s 9-Month Trade Balance In Farming Products Posts EUR3.2M Surplus
Social/Politics

Romania’s 9-Month Trade Balance In Farming Products Posts EUR3.2M Surplus

Romania’s trade balance in agricultural products posted a surplus of EUR3.2 million in the first nine months of 2013, compared to a deficit of EUR494 million in the same period in 2012, acco...

Ecaterina Craciun · 18.12.2013 · 15:33 · 1 min
Eurostat: 42% Of Romanians Never Accessed The Internet, Just 5% Access Online Public Services
Technology &Telecoms

Eurostat: 42% Of Romanians Never Accessed The Internet, Just 5% Access Online Public Services

Around 42% of Romanians have never accessed the internet, double compared to the European Union average, and only 5% of Romanians use e-government services, compared to an EU average of 41%,...

Oana Gavrila · 18.12.2013 · 13:52 · 1 min
2013 In Review: Ten Most Important Events In Transport Infrastructure Industry
Automotive

2013 In Review: Ten Most Important Events In Transport Infrastructure Industry

The year 2013 saw the termination of a contract considered disadvantageous for Romania (the construction of the Transylvania Highway by the US-based Bechtel), as well as the failure to priva...

Loredana Frățilă-Cristescu · 18.12.2013 · 00:00 · 5 min
Romanian Government Seeks To Outlaw Hitchhiking
Automotive

Romanian Government Seeks To Outlaw Hitchhiking

Romania’s Transport Ministry has drafted a government emergency ordinance seeking to outlaw the practice of hitchhiking, saying it affects the activity of passenger transport companies, the...

Oana Gavrila · 17.12.2013 · 14:22 · 1 min