The general shareholders’ meeting of OMV Petrom approved on April 28 the distribution of a total dividend per share in...
*Sale of state companies on the stock market could replace deal with IMF – in Ziarul Financiar
*The message of a USD 76 billion executive (P&G): We would choose Romania again for the shampoo factory – in Ziarul Financiar
*E.ON: Crisis creates competition among countries and Romania is not top of the list – in Ziarul Financiar
*Govt. decides to eliminate minimum tax from October 1 – in Ziarul Financiar
*Central Bank prefers to fight inflation rather than cutting cost of loans – in Gandul
CEZ will finalize next year the second stage of the wind park in Dobrogea, Cogealac. “Next year, the park will have 600 MW. We currently have an installed capacity of 300 MW. We have started works on the second stage of the project, in Cogealac, and we'll finalize works in a year,” said Adrian Vorotea, head of corporate affairs of CEZ Romania.
Axxess Capital has launched the Emerging Europe Accession Fund (EEAF), with a targeted capitalization of EUR 150 million, which will invest in Romania, Bulgaria and Turkey. The fund, managed by the same team which runs the Balkan Accession Fund (BAF), had a first close at EUR 94 million.
Employers will be able to petition city hall for a number of special books and stamps, allowing them to hire a certain number of daily laborers for unskilled work, said Labor Minister Ioan Botis. He also said the Labor Ministry will distribute these books to local authorities and local Labor Inspection offices will check whether employers observe the new legislation.
Works on the first Lidl discounter store in Romania will start in October in Galati, with an estimated investment of EUR 5 million, according to the city's deputy mayor Nicuşor Ciumacenco. Lidl&Scwartz.co&KG will build the store near the former military unit in Ţiglina I area of Galati.
Power and gas company E.ON invested around EUR 300 million in Romania between 2005 and 2009 in revamping natural gas and electricity distribution networks in the country, the company has announced.
The Romanian Government will re-organize a bid for the concession of the Comarnic – Brasov highway segment in 2011, after the contract that was supposed to be signed with the Vinci – Aktor consortium was canceled. The Transport Ministry will change the documentation in order to avoid the issues it faced the first time, said Eusebiu Pistru, state secretary with the ministry.
Construction materials producer Somaco Grup Prefabricate sold 37 percent more aerated concrete blocks (BCA) products in the first nine months of the year compared to the same period of last year, the company has announced. Somaco plans to reach a sales increase of 10 percent throughout the entire year and estimates it will increase its turnover by up to 18 percent this year on last year.
Austrian wood production company Egger will invest EUR 150 million in a production line for oriented strand boards (OSB) in its Radauti factory, the company has announced. The company still needs to receive construction authorization for works on the new production line.
*Five bankers cashed in over EUR 1 million in 2009 for their 2008 results – in Ziarul Financiar
*Alcatel Lucent continues to hire software producers and engineers – in Ziarul Financiar
*Horvath & Partners: Romania ranks third in region in terms of investment potential – in Ziarul Financiar
*Gregory's changes director and strategy – continues with franchises – in Ziarul Financiar
*Romania, the sixth largest beneficiary of EU funds with EUR 1.7 bln. The absorption capacity by mid-year – 10.1% – in Ziarul Financiar
*Sale of state companies on the stock market could replace deal with IMF – in Ziarul Financiar
*The message of a USD 76 billion executive (P&G): We would choose Romania again for the shampoo factory – in Ziarul Financiar
*E.ON: Crisis creates competition among countries and Romania is not top of the list – in Ziarul Financiar
*Govt. decides to eliminate minimum tax from October 1 – in Ziarul Financiar
*Central Bank prefers to fight inflation rather than cutting cost of loans – in Gandul
CEZ will finalize next year the second stage of the wind park in Dobrogea, Cogealac. “Next year, the park will have 600 MW. We currently have an installed capacity of 300 MW. We have started works on the second stage of the project, in Cogealac, and we'll finalize works in a year,” said Adrian Vorotea, head of corporate affairs of CEZ Romania.
Axxess Capital has launched the Emerging Europe Accession Fund (EEAF), with a targeted capitalization of EUR 150 million, which will invest in Romania, Bulgaria and Turkey. The fund, managed by the same team which runs the Balkan Accession Fund (BAF), had a first close at EUR 94 million.
Employers will be able to petition city hall for a number of special books and stamps, allowing them to hire a certain number of daily laborers for unskilled work, said Labor Minister Ioan Botis. He also said the Labor Ministry will distribute these books to local authorities and local Labor Inspection offices will check whether employers observe the new legislation.
Works on the first Lidl discounter store in Romania will start in October in Galati, with an estimated investment of EUR 5 million, according to the city's deputy mayor Nicuşor Ciumacenco. Lidl&Scwartz.co&KG will build the store near the former military unit in Ţiglina I area of Galati.
Power and gas company E.ON invested around EUR 300 million in Romania between 2005 and 2009 in revamping natural gas and electricity distribution networks in the country, the company has announced.
The Romanian Government will re-organize a bid for the concession of the Comarnic – Brasov highway segment in 2011, after the contract that was supposed to be signed with the Vinci – Aktor consortium was canceled. The Transport Ministry will change the documentation in order to avoid the issues it faced the first time, said Eusebiu Pistru, state secretary with the ministry.
Construction materials producer Somaco Grup Prefabricate sold 37 percent more aerated concrete blocks (BCA) products in the first nine months of the year compared to the same period of last year, the company has announced. Somaco plans to reach a sales increase of 10 percent throughout the entire year and estimates it will increase its turnover by up to 18 percent this year on last year.
Austrian wood production company Egger will invest EUR 150 million in a production line for oriented strand boards (OSB) in its Radauti factory, the company has announced. The company still needs to receive construction authorization for works on the new production line.
*Five bankers cashed in over EUR 1 million in 2009 for their 2008 results – in Ziarul Financiar
*Alcatel Lucent continues to hire software producers and engineers – in Ziarul Financiar
*Horvath & Partners: Romania ranks third in region in terms of investment potential – in Ziarul Financiar
*Gregory's changes director and strategy – continues with franchises – in Ziarul Financiar
*Romania, the sixth largest beneficiary of EU funds with EUR 1.7 bln. The absorption capacity by mid-year – 10.1% – in Ziarul Financiar