Băsescu rejects new fuel excise, IMF awaits its replacement with other measures
After President Traian Basescu decided to reject the additional excise duty tax of 7 cents per liter of fuel, the…
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General Interest
China will launch two carbon trading exchanges in Shanghai and Beijing
China will launch two new pilot carbon trading schemes in Beijing and Shanghai in December to cut its rising rates…
Chinese offensive: pledges of billions of euro, at 6.4% of Romanian GDP
###author### With currency reserves worth about 3.3 billion USD, out of which more than two thirds based on US denominated…
ArcelorMittal Galati invested 2 mln. euro in new equipment
###author### ArcelorMittal Galati invested 2 million euro in the complete modernisation of a Work and Back-Up Cylinders Grinding Machine in…
Is there any future for coal?
Climate campaigners reserve a special scorn for coal-fired power generation. Coal has replaced nuclear as the form of energy that…
Excises increase: 19% for gas, 21% for Diesel, royalty of 6% for gold
###author### Although the effects of the financial crisis did not pass away, Romanian government decided to increase by 19.4% the…
Rompetrol Rafinare cut losses by 25% during the first 9 months of 2013
Rompetrol Rafinare, a member company of The Rompetrol Group, has continued to improve its consolidated net profit in the first…
Romanian economy accelerates firmly, annual flash growth of 4.1% in Q3
###author### Romania’s GDP expanded by 1.6% in the third quarter as opposed to Q2, in seasonally-adjusted terms and 4.1% in…