General Interest
FP reduces share capital by about 6.7%
The resolutions of the extraordinary general shareholders meeting of Fondul Proprietatea SA decided the decrease of capital of about 6,7%,…
Electric car, digitization, telematics are the trends of the moment (Frederic Banco, ALD Automotive)
Present for 11 years on the operational leasing market in Romania, ALD Automotive is one of the pioneers and main…
ABB introduces YuMi, a dual arm robot, to Romania
ABB, the power and automation company, announced that YuMi, the world’s first truly collaborative robot, will be showcased at Magi*k,…
BVB introduces new rules governing the BET and BET-TR indices
Officials of the Bucharest Stock Exchange (BVB) informed that on October 5th, 2016, the Board of Governors approved the updated…
UniCredit: Consumption will increase by 8.6%, inflationary pressures if oil jumps over 65 USD
The annual inflation could rise from almost zero at the end of 2016, to more than 1% in the first…
A foundation sues the Romanian state for lack of involvement in Volkswagen emissions scandal
The Foundation for Defense of the Citizens Against State Abuses (FACIAS) will sue the Romanian state, namely the Ministry of…
For the US and Romania, energy comes first after the rule of law and military security
Robust security cooperation is a vital part of the U.S.-Romania Strategic Partnership, says the joint press release from the of…
16 energy companies in Romanian top 50 by turnover, in 2015
16 energy companies appear in the top of the 50 biggest companies from Romania in 2015 compiled by Ziarul Financiar.…
BVB: Romanian capital market on a trajectory leading to the Emerging Market status
As per the decision of FTSE Russell, published today, on the 29th of September, the capital market of Romania has…
Radwan, World Bank: Romania has 365 strategies, most of them die before implementation
”My first visit to Romania came almost 20 years ago, when I spent about six weeks working with the State…
FP offers 1 RON extra for each 20 shares
Fondul Proprietatea (FP) has sent a new proposal to shareholders for a special cash distribution to of an extra RON…
Cristian Buşu (energynomics.ro Magazine): Hidroelectrica could sell up to 23% of its shares on the stock market
Cristian Bușu is a secretary of state with the Ministry of Energy since 10 November 2015 and one of the…
NVIDIA: from video interfaces to world’s leading driverless car provider
NVIDIA was mostly involved into big projects behind the scenes. It’s first foray into the tech world was as a…
Ministry of Economy: Energy efficiency to grow by 0.55 mln. toe
The Ministry of Economy aims to increase energy efficiency in the residential sector with about 0.45 million toe by creating…
It’s official: The state will no longer pay for board meetings
Companies where the State and the administrative units directly or indirectly hold a majority stake may no longer grant to…
Energy investments down by 8%, renewables up to record levels – IEA
Global energy investment in 2015 amounted to $1.8 trillion, down eight percent from 2014 mainly due to a sharp fall…
Switzerland becomes first donor to an IMF fund for natural resources
Switzerland becomes the first partner to contribute to the new six-year phase (2016–22) of the International Monetary Fund’s (IMF) fund…