Social/Politics
Romania May Extend Bid Submission Deadline For Posta Romana Privatization
Investors interested in a majority stake in Romanian state-run postal company Posta Romana have asked for the extension of the deadline for the submission of bids after the country's tax aut...
Same Bidders For CFR Marfa After Sale Resumed
U.S. OmniTRAX, Romanian private freight railway carrier Grup Feroviar Roman (GFR) and a consortium of Transferoviar Grup and Donau-Finanz GmbH & Co KG Austria were again the only companies i...
Nuclearelectrica’s IPO Expected In Late June
Romanian state-owned nuclear power producer Nuclearelectrica will likely launch an initial public offering of 10% of its shares in late June, the head of the state assets privatization offic...
CE Oltenia Seeks EUR160M EBRD Loan To Upgrade Power Unit
Romanian state-run energy holding Oltenia is looking to attract up to EUR160 million financing from the European Bank for Reconstruction and Development to upgrade an electricity production...
Romania To Terminate Transylvania Highway Contract With Bechtel Monday
Romania will terminate Monday the contract with U.S. constructor Bechtel to build the Transylvania Highway and will disclose the sum the country still owes to the company, Minister-delegate...
Three Consortia Win Contracts To Build Lugoj-Deva Highway Sections
Three consortia won contracts to construct three sections of a highway linking Lugoj to Deva, western Romania, and the total value of the contracts is estimated at over 3 billion lei (about...
Nabucco Pipeline Development Costs Rise To About 5% Of Total Investment
Nabucco Gas Pipeline International, the consortium to develop, build and operate the Nabucco West pipeline, has spent less than 5% of the total value of the investment on the development of...
Ghetea: Romania Bank Lending Likely To Revive In 3Q
A steady economic growth could prompt bankers to resume lending as of this fall, the head of the Romanian Banking Association said Tuesday.
Ranking Of The Top 10 Employers In Romania
Almost 165,000 employees work in the top ten companies by number of employees and the employee trend in the last two years reflects a dramatic situation, which is true of the overall labor m...