Economics&Markets
China mulls radical output cuts, port coal ban in war on smog
China is considering forcing steel and aluminum producers to cut more output, banning coal in one of the country’s top…
Fondul Proprietatea buys back at 0.91 lei per share
Fondul Proprietatea announced its seven buy back program, of 640 million shares, at 0.91 lei (RON) per share. ”Franklin Templeton…
INS: Turnover in industry increased by 4.7% in 2016
The turnover in the industry sector increased by 4.7% in 2016, compared to 2015 due to the growth of the…
Tesla may launch in India this summer: Musk
Electric car maker Tesla Inc may enter the Indian market this summer, Chief Executive Elon Musk tweeted on Tuesday. Replying…
Havrileț, ANRE: Consumers must impose tougher sanctions to suppliers
The energy supply agreements should contain clearer and tougher sanctions for the unilateral termination, said the President of the National…
ANRE changes the game’s rules: New transparency rules for power suppliers
The National Regulatory Authority for Energy ANRE, requires players on the electricity market to be more transparent, primarily through the…
BP recorded a net profit of 115 million dollars
The British oil company British Petroleum (BP) conducted last year a net profit of 115 million dollars (107 million euros),…
BSE listing costs: From 1,000 to 5,000 euro for “the big” market
The Bucharest Stock Exchange (BVB) announced the general listing tariffs for companies as for the main market, but also for…
AmCham: Foreign investors don’t want any changes of the fiscal policies
Foreign investors need a predictable fiscal environment and Romania’s newly approved budget must take into account the investment need, states…
Energy ministry’s budget, approved, the Strategy doesn’t get funding
Bugetul pentru 2017 al Ministerului Energiei a fost aprobat, marți, 7 februarie, de Camerele reunite ale Parlamentului, cu 180 de…
Parliament adopts Finance and Environment budgets as gov’t demanded
The Romanian Parliament adopted on Monday the budgets of the Ministry of Finance (MFP), the Ministry of Labour and Social…
The Romanian Leu recovers, following the repeal of Ordinance 13
The Romanian Leu recovered strongly on Monday, February 6th, following the weekend decision of the government to repeal Ordinance 13,…
Iran: U.S. sanctions stop American oil firms taking part in projects
Iran has imposed no restrictions on U.S. oil firms willing to participate in energy projects in the country but American…
ANRE: There was no manipulation, providers had inadequate management
On the day ahead market (DAM) there are no dominant participants and the interconnected operation has virtually eliminated the possibilities…
