Social/Politics
What Is The Price Of Transgaz Offering And How Can Investors Buy Shares?
The intermediaries of the secondary public offering to sell 15% in Romanian natural gas transmission company Transgaz seem to have learned from the “mistakes in the past” and sought to struc...
OMV Petrom, ExxonMobil See Black Sea Gas Production At 6.5 Bcm/Year
Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said that natural gas output at a deepwater well in the Black Sea developed together with ExxonMobil could reach as much as 6.5 bil...
Romania Turns To Americans And Israelis To Stop Rail Thefts
Dimitrios Sophocleous, general manager of Romania’s state-owned railway administrator CFR SA, said he will talk to officials of the American and Israel embassies in order to find ways to put...
Romania To Give Fewer Certificates For Green Energy Starting 2014
A measure reducing the number of green certificates offered for renewable energy production will apply only to producers that enter Romania starting 2014, while the temporary reduction of th...
Nita: Romania Might Tax Shale Gas Differently From Conventional Gas
Romania’s taxation system for shale gas and gas extracted from Black Sea blocks might differ from that currently applied for conventional gas, if the country has such gas resources and begin...
Romgaz Needs To Expand Operations In Black Sea - Energy Minister
Romgaz, Romania’s largest natural gas producer, has to expand its operations in the Black Sea by getting involved in new exploration lease deals, the country’s energy minister Constantin Nit...
Agriculture Ministry Plans To Cover Exchange Rate Differences For Farmers
Romania’s Ministry of Agriculture is looking at ways to cover the exchange rate difference for farmers who acquire equipment and machinery in euros under the country’s government program for...
Average Salary Slightly Higher in February
Romanian average net salary rose 0.3% to 1,553 lei (EUR351) in February from RON1,548 a month earlier, the statistics institute INS said Thursday.
Analysts Say Economy Will Rise In 1Q, Businesspeople Are Pessimistic
Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are les...