Social/Politics
Transgaz Raises EUR72M In Secondary Stock Offering
Romanian state-run natural gas transporter Transgaz (TNG.RO) has raised EUR72 million in a secondary public offering of 15% of its shares ended April 16, Minister-delegate for Energy Constan...
Ponta Asks Lawmakers For Confidence Vote On Property Restitution Bill
Romanian Prime Minister Victor Ponta is presenting lawmakers with the government’s new property restitution bill, seeking a confidence vote for it to be adopted bypassing lengthy parliamenta...
Romania Abandons Plan To Sell Petrom Stock – Energy Minister
Romanian Minister-delegate for Energy Constantin Nita said Wednesday that the government is unlikely to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO), following an unsucc...
Nita: Nuclearelectrica IPO Expected After Mid-May
Romania’s planned offering of a 10% stake in state-run energy producer Nuclearelectrica will be launched in the second half of May, Minister-delegate for energy Constantin Nita said Wednesda...
Ponta Assures Property Restitution Bill Won’t Affect Tenants Who Bought Nationalized Homes
Romania’s new property restitution law will not affect previous tenants of formerly nationalized homes who bought them under a law passed in 1995, Prime Minister Victor Ponta said Wednesday.
Transgaz SPO Oversubscribed, Price To Be Unveiled Wednesday
The secondary public offering of 15% in Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) ended at Tuesday at noon and all three tranches were oversubscribed, according to...
Romania Allots RON425M For EU Funded Project Payments
The Romanian Government Tuesday allotted 425.1 million lei (EUR97 million) from privatization money for payments to beneficiaries of EU financing through four operational programs.
Government Adopts Decree On Protection Measures For Laid-Off Employees
Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan...
Renault Truck Defense, MFA Mizil Cooperate In Military Vehicle Production
French military technology producer Renault Truck Defense, part of Swedish group Volvo, Tuesday signed a memorandum with Romanian company MFA Mizil to cooperate in the production and sale of...