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Wintershall to start drilling
German oil company Wintershall and local gas producer Romgaz Medias are likely to start drilling for gas in the deposits discovered nearby Sighisoara in October, sources from the German comp...
Conpet, Petrotrans to complete merger
The merger of state-owned oil carriers Conpet and Petrotrans will be completed in October, according to sources close to negotiations. Consequently, there will be only one carrier of crude a...
Penalty for failure to report
More than 2,000 companies listed on RASDAQ received a warning from the National Securities Commission (CNVM) for not having filed the 2002 financial reports. The decision could be followed b...
Penalty for failure to report
More than 2,000 companies listed on RASDAQ received a warning from the National Securities Commission (CNVM) for not having filed the 2002 financial reports. The decision could be followed b...
RAEF to reinvest $40m
Investment fund Romanian American Enterprise Fund (RAEF) will reinvest on the Romanian market the money obtained for its Banca Romaneasca (Romanian Bank) stake, RAEF VP Horia Manda told Ziar...
RAEF to reinvest $40m
Investment fund Romanian American Enterprise Fund (RAEF) will reinvest on the Romanian market the money obtained for its Banca Romaneasca (Romanian Bank) stake, RAEF VP Horia Manda told Ziar...
Conpet, Petrotrans to complete merger
The merger of state-owned oil carriers Conpet and Petrotrans will be completed in October, according to sources close to negotiations. Consequently, there will be only one carrier of crude a...
Murfatlar to squeeze 17.5m euros
Wine producer Vin Vie Murfatlar estimates sales to increase 20% in ROL this year, as compared with last year, up to some 650bn ROL (17.5m euros). But the increase can hardly be noticed in re...
BCR staff to buy shares in December
The second stage in the privatisation of Romania's largest bank, the Romanian Commercial Bank (BCR), namely the sale through direct negotiation of an 8% stake to the bank employees will begi...