Social/Politics
INS: Adjusted Construction Works Up 8.5% On Month In July
Romanian construction works rose 8.5% in July from a month earlier, on higher activity in most sectors, the statistics institute INS said Monday.
Romania Exports Rose To Record EUR4.5B In July
Romania’s exports rose to a record 4.48 billion euro in July, the country’s statistics institute INS said Monday.
Nuclearelectrica’s Public Offering Aims To Breathe Life Into Bucharest Stock Exchange
The initial public offering of 10% in Romania’s state-run nuclear power producer Nuclearelectrica starts Monday and its purpose is not to raise money, but to revive a gloomy Bucharest Stock...
Romania Central Bank: Class Actions Against Banks Won’t Undermine Financial Stability
Romania’s central bank has notified the Justice Ministry of its conclusions regarding an impact study of potential collective lawsuits against commercial lenders, which shows the financial s...
Five Law Firms File Bids To Advise On Romtelecom Privatization
Law firms Salans (currently Dentons), David&Baias, Bulboaca&Asociatii, Florea&Asociatii and Bostina&Asociatii have filed bids to advise the state on the sale of its 45.99% stake in Romanian...
Yildirim, Trafigura Remain In Race For Cupru Min’s Copper Concentrate
Turkish chrome producer Yildirim Holding Inc. and Dutch commodities trader Trafigura have been pre-qualified to submit tenders for purchasing up to 331,890 tons of copper concentrate from Ro...
Decline Of Investments Weighs Down On Romania's Economy
Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat.
Romania Earmarks RON2.9B For Direct Payments To Farmers
The Romanian Government allocated RON2.9 billion to the Agriculture Ministry for payments in advance to farmers who benefit from European Union funds.
Romania Electricity Consumption Expected To Fall 19.4% By 2017
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates the country’s electricity consumption will drop at an annualized rate of around 4% in 2013-2014, the company said in...