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Oltchim's sale, next year at the earliest
The privatisation process of the Oltchim plant cannot be initiated this year because it has to go through a series of legal steps, which will take a few months, said the company's general ma...
PWC gets 12m euros from the sale of Electrica's "jewel"
PricewaterhouseCoopers (PwC), a part of the so-called Big Four professional services companies that operate worldwide, is to collect a fee worth 1.5% of the value of Electrica Muntenia Sud's...
Enel pays 820m euros to take over sale of electricity in Bucharest
The Italians submitted a financial bid worth a total of 820.09 million euros for 67.5% in the electricity distributor of the Capital, which will be the value of the privatisation contract. T...
Camelia Sucu negotiates sale of Mobexpert shares
Camelia Sucu, who owns 40% in Mobexpert, the biggest business in the furniture industry in Romania, is in talks with four investment funds to sell her shares. "I was contacted by investment...
Dufa profit triples after office building sale
Dufa, the paint and varnish producer, last year derived net income worth 4.4 million euros, enjoying the highest profit margin in the entire industry. Dufa Romania, one of the biggest paint...
PSD spune ca este la zi cu chiria pentru sediile sale
PSD a avut si are platite la zi obligatiile convenite in toate contractele de inchiriere cu RAAPPS, deci nu este in pericol de a fi evacuat din sediul central. "Partidul Social Democrat dezm...
Astra Romana makes profit from sale of Asirom shares
Astra Romana Refinery at the end of last year posted 2.3 million RON (0.64 million euro) net profit, after having made losses of 2 million RON (0.65 million euros) in 2004. The refinery made...
Rusia, re-energizata de resursele sale naturale
Atat de multe companii occidentale de energie poarta discutii in aceasta primavara cu Gazprom, monopolul din sectorul rus de gaze naturale detinut de stat, incat oficialii ajunsesera sa stea...
Government to discuss sale of shares to Petrom employees
The Ministry of Economy and Trade sent a memorandum to the Government about the 8% stake in Petrom set aside for employees. The memorandum suggested two options, the sale to employees or to...