Social/Politics
Romania Sets Romgaz IPO Price Range At RON24-RON32 A Share
Romania's government could raise as much as 1.85 billion lei (EUR415.6 million) in an initial public offering of 15% in state-run natural gas producer Romgaz, according to a pricing range it...
Chevron Suspends Shale Gas Activity In Romania Due To Protests
US energy giant Chevron has delayed plans to drill for shale gas at its field in Silistea locality, in the eastern county of Vaslui, in response to protests against fracking, a controversial...
IMF Mission To Arrive In Romania October 22 For First Review Of New Loan
Joint teams from the International Monetary Fund and the European Commission will arrive in Bucharest on October 22 for the first review of Romania’s progress under a EUR4 billion loan progr...
State Puts More Pressure On Tax Evaders Than On Good Payers
The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to...
Daimler Gets EUR37.4M State Aid To Build Automatic Transmission Plant In C Romania
Star Assembly, held by German group Daimler, has received state aid of EUR37.4 million for the construction of an automatic transmission production facility in Sebes, in Romania’s central co...
Andrei Gerea Sworn In As Economy Minister
Andrei-Dominic Gerea has been sworn in as Romania's new Economy minister Wednesday at the Presidential Palace.
Parliament Rejects Basescu’s Request To Reexamine Memorandum With Rompetrol
Romania’s Senate Wednesday rejected President Traian Basescu’s request to reexamine a bill approving a Memorandum of understanding between the state and oil company Rompetrol, signed in Buch...
Romania To Set Romgaz IPO Price Range Friday
Romania’s government will convene in a special meeting on October 18 to approve the final details of a planned initial public offering of 15% in state-run natural gas producer Romgaz and set...
Romanian President Signs Decree Appointing Andrei Gerea Economy Minister
Romanian president Traian Basescu on Wednesday signed the decree appointing Andrei-Dominic Gerea as the country’s new economy minister, the president’s office said in a statement.