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…
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General Interest
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…
Romgaz shares climbed 15% in the first day of trading and did 85% of BSE liquidity on Tuesday
The first day of Romgaz share trading ended with a 15% increase of purchase price. According to Mediafax news agency,…
IMF delays privatization of CFR Marfă, gives up Oltchim, keeps Hidroelectrica and CE Oltenia
After IMF negotiations, just the privatization plan of Hidroelectrica remained unchanged. The Government says that Hidroelectrica will be 15% sold,…
Romgaz, valued at 2,55 billion euro after the most important Romanian IPO
The 15% of ROMGAZ were sold for 1.7 billion lei (382.8 million euros) in the IPO of the largest Romanian…