Romanian company Dedeman bought 23% of ALRO Slatina
Romanian company Dedeman, owned by the Pavăl brothers, bought 23.26% of ALRO, through Pavăl Holding, in a private placement initiated…
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The GEO on fiscal measures is to be adopted in the Government meeting today
In spite all the critical public evaluations in the past 48 hours, PSD President Liviu Dragnea announced that the emergency…
Financial Times: Romania shocks investors with bank and energy tax plans
Romania’s government announced a swath of corporate taxes as part of a plan to raise 10 billion lei (€2.1bn) to…
Poland’s goal of ditching Russian natural gas bolsters American LNG and Trump’s energy agenda
Poland took another step towards weening itself off Russian energy supplies on Wednesday by signing a 20-year agreement with San…
ABB announces changes in business model
ABB has announced major changes to its business model. First, Hitachi will acquire ABB’s Power Grids business, an expansion of…
Proposed fiscal measures are a ticking bomb for the Romanian economy
Fondul Proprietatea is highly concerned by the draft Government Emergency Ordinance (GEO) regarding fiscal and budgetary measures, published on 18…
Oil steady after sell-off but oversupply still drags
Oil stabilized on Wednesday after one of its biggest falls for years, but remained under pressure from oversupply and concern…
ROPEPCA: Capping of the price for natural gas from domestic production is a counter-competitive measure
The Romanian Petroleum Exploration and Production Companies Association – ROPEPCA is deeply concerned about the intention to cap the domestically…
TeraPlast and E.ON Energie Romania sign a 1.9 million euro agreement for energy efficiency solutions
E.ON Energie Romania will build a photovoltaic power plant in TeraPlast Industrial Park, part of a strategic partnership estimated at…
Gazprom Neft Sees 2019 Investment at $5.6 Bln
Russian oil producer Gazprom Neft said on Monday that it expected its 2019 investment excluding joint ventures to total 374…