and
1.140 articole · RSS
Most likely scenario for Petrom: sale of 30-40% stake and capital increase
SNP (National Oil Company) Petrom, the largest company on the Romanian market, may be privatised through the direct sale of a 30-40% stake in the company, with the strategic investor to hold...
More money from VAT and customs duties
The state budget deficit went down 4.6% in April, while the deficit of the national single health insurance fund simply skyrocketed, becoming more than nine times higher. At the same time, t...
Sharp decline in demand for gas and oil ducts
The makers of oil and gas ducts have logged 30%-60% lower revenues in the first few months of this year. Following completion of the $185 million project to increase the natural gas transit...
Italian banks eye infrastructure and energy
Banca Popolare di Lodi, one of the most powerful private banks in Italy, is interested to consolidate its position on the Romanian market by funding energy, oil and natural gas infrastructur...
Former Bristol Myers and Boehringer managers on Terapia Board
Drugmaker Terapia Cluj-Napoca has welcomed two former managers of leading international companies in this industry, Bristol Myers Squibb and Boehringer Mannheim, as members of the Board of D...
Finance Ministry and NBR compete over cash
No more than 18.25%. This is exactly how much both the Finance Ministry and the National Bank of Romania (NBR) are willing to pay on government securities, and one-month deposits respectivel...
Centura Capitalei, la AND
Executivul a aprobat, in ultima sa sedinta, preluarea unor sectoare de drum din domeniul public al judetului Ilfov in domeniul public al statului, transferul acestora la Administratia Nation...
Regulations for banks and Financial Guard
The Government has endorsed two law drafts modifying the banking law and regulating the organisation and operation of the Financial Guard. The draft modifying Banking Law 58/1998 introduces...
$234 million in 30 mergers and acquisitions
The number of mergers and acquisitions (M&A) in Romania amounted to 30 last year, compared with 26 in 2001, yet the estimated value of the market dropped 10% over against the previous year,...