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Decision on Electrica price reached
Decision on Electrica price reached
Rise in aluminium price enlivens Romanian industry, prompts investments
Rise in aluminium price enlivens Romanian industry, prompts investments
Price cuts double Daewoo sales
Price cuts double Daewoo sales
Siretul stock price goes up four times
Textile company Siretul Pascani concluded last year with net profit of 17.4 billion ROL ($0.5 million), close to the value posted in 2002. However, the company's shares, which are listed on...
Electrocontact, profit down, price up
Electrocontact Botosani, a maker of electrical equipment and electrotechnical products concluded last year with only 12% turnover growth in nominal terms, while net profit was down 36%, acco...
What is the right price of Brasov-Bors motorway?
The budget allocated for the Brasov-Bors motorway, a contract directly awarded to US-based Bechtel is 2.242bn euros, VAT not included, US Embassy sources say. Thus, the costs for building on...
Enel discussing energy price
The talks between Italian Enel Group and the Romanian State about the takeover of the local electricity distributors Banat and Dobrogea are now centred on the electrical power industry regul...
Government plans price increases and layoffs to help balance of payments
After a lot of urging and prodding by the International Monetary Fund (IMF), the Government has chosen the middle of winter as the best time to start cutting losses at the state-owned enterp...
Inefficiency price tag: $1.5bn
The losses and subsidies in the Romanian energy system are estimated at $1.56bn this year, accounting for 2.9% of GDP, according to the latest agreement between the Romanian authorities and...