Companies Romania Latest Information

Companies Romania Latest Information

Romania May Delay Share Sales This Year, IMF Mission Chief Says
Romania may delay the sale of shares in a few state owned companies this year because the high number of approvals needed from authorities means it is taking longer than anticipated, Jeffrey Franks, the International Monetary Fund mission chief to the country said.

Gas companies in Romania fined $262 million
Officials say they will fine five gasoline producers euro206 million ($262 million) for allegedly agreeing among themselves to withdraw a certain type of fuel from the market and breaking antitrust rules.

SMEs, more effective than large companies
SMEs are more effective than large companies in Romania as they account for about 70 pc of GDP with merely 60 pc of the overall number of employees, according to figures supplied by FIC. Over 99 pc of companies in Romania fall in this category, with a staff of less than 250 employees and a turnover below EUR 50 M. In practice, this means that large enterprises, which claim about 0.5 pc of the ...

The Competition Council sanctioned the main oil companies in Romania by fines of up to 3 pc of their 2010 turnovers ...
The Competition Council (CC) sanctioned the companies OMV Petrom Marketing, OMV Petrom, Rompetrol Downstream, ENI Romania, MOL Romania, Petroleum Products and Lukoil Romania by fines amounting to approx. RON 880 M (EUR 250 M), the equivalent of 3 pc of their 2010 turnover.

Romania, IMF Agree on $664 Million Tranche as Balkan Nation’s Growth Slows
Romania and the International Monetary Fund reached a staff-level agreement to unlock about 505 million euros ($664 million) in funds from its standby loan, IMF Mission Chief Jeffrey Franks said.

Leave a Reply
Jeffrey Franks, IMF’s representative to Romania, stated on Tuesday in an interview for Hotnews.ro that the only way in which the government could get the best prices for the shares of state-owned companies put up for sale would be for it to concretely liberalize energy and natural gas prices.

Romania's former prime minister sentenced to prison for corruption
Romania's former Prime Minister Adrian Nastase was sentenced Monday to two years of prison in a corruption case after more than 1,000 days of trial and over 900 witnesses.

The Zacks Analyst Blog Highlights: Loews, Diamond Offshore, CNA Financial, The Travelers Companies and ExxonMobil
CHICAGO, Feb. 7, 2012 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks ...

ADX Energy Limited (ASX:ADX) Equity Buy Back in Romania
http://www.abnnewswire.net/rss2/menafn/abn_menafn_en.asp ADX Energy Limited (ASX:ADX) is pleased to announce that it has completed a buy back of the interests of Caspian Oil & Gas Limited (ASX:CIG) ...

Hundreds demonstrate in Romania, against planned Canadian goldmine
Hundreds of Romanians took to the streets Saturday in two simultaneous demonstrations in a Transylvanian village and in Bucharest, one in support and the other against a Canadian goldmine project.

Companies Argentina
Companies Australia
Companies Austria
Companies Belgium
Companies Brazil
Companies Canada
Companies China
Companies Cyprus
Companies Denmark
Companies Finland
Companies France
Companies Germany
Companies Greece
Companies Hong Kong
Companies Hungary
Companies India
Companies Indonesia
Companies Ireland
Companies Israel
Companies Italy
Companies Japan
Companies Korea
Companies Luxembourg
Companies Malta
Companies Malaysia
Companies Mexico
Companies Netherlands
Companies New Zealand
Companies Norway
Companies Philippines
Companies Poland
Companies Portugal
Companies Romania
Companies Russia
Companies Singapore
Companies South Africa
Companies Spain
Companies Sweden
Companies Switzerland
Companies Thailand
Companies Ukraine
Companies United Arab Emirates
Companies United Kingdom
Companies United States
Companies Vietnam