The database containing information about the companies participating in bids referring to public funds already listed 3,000 companies, out of which 70 are "on the black list", receiving a negative evaluation, said Marius Gogescu, president of the Public Procurement National Agency (ANRMAP
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The Kazakh national natural gas operator, KazMunaiGas, will decide at one point in the future whether it will buy the remaining 25% of the Romanian oil refining and distribution company Rompetrol, said the KMG president, Uzakbay Karabalyn, while visiting Bucharest on Thursday, NewsIn informs. KMG s
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Car sales on the Romanian market grew by 23% in the first ten months of 2007 compared to the similar period last year, reaching 258,224 units sold, according to statistics announced by the Association of Car Producers and Importers (APIA) on Thursday. The boost comes as sales of imported cars grew
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The Romanian currency RON depreciated by a further 1.27% against the euro on Wednesday, reaching a new record low a day after it fell to the year-long record set in November 2006, Romanian news agency NewsIn informs. The Romanian National Bank representatives argue that this is a normal correction o
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Romanian commercial banks have halted all money transfers to Syria and Iran after several international banks used by the Romanian ones to run the transfers took similar measures as a means to sanction the Iranian nuclear programs. A representative of Romania's biggest bank, the Romanian Commercial
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Romania’s national currency depreciated by 0.33% down to 3.4948 Romanian RON/euro on Tuesday, reaching a new maximum for the past year, according to Romanian news agency NewIn. It is the first time since November 2006 that the Romanian National Bank reports such a fall. Chief dealer of ABN Am
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At least 14 international companies announced investments amounting to 2.4 billion euro on the Romanian real estate market for 2008, to develop residential and commercial projects, More International Invest company director Ilias Papageorgiadis has told Romanian news agency NewsIn. He said that he
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Romanian Stock Exchange (BVB) president Septimiu Stoica announced on Monday that he would resign from the job which may be taken over by Stere Farmache, the current general manager of the Stock Exchange, a BVB press release says. Farmache told HotNews.ro that Stoica is in fact withdrawing from the
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The European Commission has approved the takeover of a majority stake in Romanian oil group Rompetrol by Kazakh company KazMunayGaz, Reuters reports. The Commission has found that the European operations of the two companies complement each other and that no competition issues are to be expected fo
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Thiery Miller- Orange, Ian Gray-Vodafone Competition on the Romanian telecom market is weak and there and factors indicating a collective dominance of the two main operators in the country, Vodafone and Orange, a study of the Romanian telecom market regulator ANRCTI says. Officia
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