PwC: Romanian M&A market will grow though the sell of CEZ and Enel assets in 2020
Following a decline in 2018, the mergers and acquisitions market in Romania grew by 4% to a total value of…
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General Interest
Greenpeace – Waiving the Oxygen tax, an irresponsible act; Costel Alexe – the tax would have been a good measure
Bogdan Tudorache Environmental activists from Greenpeace Romania consider eliminating the Oxygen tax “a populist and completely irresponsible act”, according to…
Europe’s top firms must double low-carbon investment
Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European…
Gabriela Firea waives the Oxygen fee; the decision must be validated by the General Council
he general mayor, Gabriela Firea, announced on Tuesday that City Hall is giving up the Oxigen vignette and the access…
Chimcomplex has completed operations to integrate Oltchim assets
Chimcomplex has completed the integration operations and has a new executive team, one year after the acquisition of Oltchim’s assets,…
TAROM announces plan for restructuring plan, after the EC has approved the state aid
The national air operator TAROM will submit a restructuring plan and will take the necessary steps for its approval and…
Alro records losses due to energy prices and LME quotations
Bogdan Tudorache Alro Group ended the year 2019 with a turnover of RON 2,777,801 thousand (down by 7% compared to…
RON remains above the psychological threshold of 4.8 lei for one euro, the gold reaches a historic high on Monday
The NBR posted on Monday a price of 4.8024 lei for one euro, lower by 0.02 subdivisions compared to the…
Caraşol, sentenced to two years and eight months inprisonment with suspension; the decision is not final
Marius Carașol, the former director of Transelectrica, was sentenced by the District 1 Court to 2 years and eight months…
V. Popescu: We plan to approve the national energy strategy and the PNIESC by the end of April
The Government estimates that the National Energy Strategy and the Integrated National Plan for Energy and Climate Changes (PNIESC) will…
TeraPlast Group announces an EBITDA up by 41% and a turnover higher by 21%
The TeraPlast Group, the largest Romanian manufacturer of construction materials, registered an increase of 21% in turnover, for 2019, compared…
Chiriţoiu: There is an aggressiveness of the business environment towards the Competition Council
The year 2019 brought more intense political pressure on the Competition Council, but also aggression from the business environment, and…
Top 105 global cities for climate action revealed by CDP includes Sofia and Athens
CDP names 105 cities as leaders on climate action and transparency, more than double the number in 2018, among which,…
Survey finds most German automotive suppliers expect to cut jobs
More than half of Germany’s automotive suppliers are planning to cut jobs, according to a survey by the Association of…
Nicolescu, Deloitte: Climate neutrality involves investments of 250 bln. euro per year in Europe; we have to bring this money to Romania, too
Răzvan Nicolescu, former Minister of Energy and partner at Deloitte, says that we should pay attention not to the several…
Chiriţoiu: The presence of the Romanian representatives in the leadership of ACER can help us in the process of integration into the European energy market
The presence of the Romanian representatives in the ACER management boards constitutes an additional assurance on the fair treatment applied…
Interagro builds a new 22 million euro terminal in Zimnicea
Interagro has under development, in partnership with the American group Nitron, an investment of approximately 22 million euros for the…
Bode: Electrifying and refurbishment of the railway Cluj-Napoca – Episcopia Bihor, one of the most important projects
The Minister of Transport, Lucian Bode, said on Friday in Cluj-Napoca that one of the most important railway infrastructure projects…
Romania’s economy advanced 4.1% in 2019
The growth pace of the Romanian economy slowed to 4.1% last year, after increases of 4.4% in 2018 and 7.1%…
Competition authorized the takeover of Hydro Extrusion by the Austrians from Hammerer Aluminum
The Competition Council authorized the transaction by which Hammerer Aluminum Industries Holding Gmbh from Austria takes over the local company…
Cîţu, MFP: There is no discussions of a pollution tax at this time
I do not think that a pollution tax for cars alone would solve the problem at national level, and my…
The EIB will allocate more money for clean energy projects, also in Romania
The European Investment Bank (EIB) will no longer finance projects on fossil fuel energy production, which means more money will…
Business Trends in 2020 – Some reasons for optimism…
… and some against That would be the proper full title for this article, a text which emerged after I…