04.13.2014

The volume of office space pre-lease transactions in Bucharest sharply rose on the year in the first quarter of 2014, representing over 30% of the total leased area, which shows renewed confidence in more

04.08.2014

Romania’s Competition Council suggests amending the contracts concluded between brewers and the HoReCa (Hotels, Restaurants, Catering) sector in a move to eliminate clauses which restrict more

02.03.2014

The Association of Electricity Suppliers in Romania (AFEER) asked the country’s energy watchdog ANRE and the Energy Department to reintroduce the bilateral energy contracts on energy exchange OPCOM, more

12.08.2013

Industrial group Uzinsider expects turnover of EUR63 million for 2013, up 15% on the year, supported by exports, which account for 95% of its total sales. more

11.20.2013

Romania’s national roads authority CNADNR will pay 1.14 billion lei (EUR0.2 billion), VAT not included, to the consortia building the second and third sections of the Lugoj-Deva highway, which is more

11.20.2013

UK Argo Real Estate Opportunities Fund (Argo) has signed rental contract for 9,500 square meters in Era Shopping Park Oradea this fall. more

11.06.2013

The Romanian Pool of Insurance against Natural Disasters (PAID) issued 107,000 mandatory home insurance policies in October and increased its portfolio to over 530,000 contracts, up 25% on the month. more

10.03.2013

Romania registered 5,131,022 employees at the end of September 2013 and over 5.6 million ongoing individual work contracts, labor inspection authorities said Thursday. more

08.23.2013

Nuclear power producer Nuclearelectrica, which covers around 20% of Romania’s energy consumption, has lost 23 energy sale contracts since the beginning of the year after the buyers decided to more

07.17.2013

The nine largest contracts signed in the first half of this year by the National Highways and Roads Company in Romania (CNADNR), are worth less than EUR6 million in total, equivalent to the more

07.10.2013

Romania’s leading oil and gas company OMV Petrom (SNP.RO) plans to commission infrastructure works of up to EUR450 million for the redevelopment of seven mature onshore oil fields, the company said more

06.28.2013

Romanian consumers were once again denied the possibility to denounce in court potentially abusive clauses introduced by service providers, including banks, after the lawmakers decided Friday to defer more

04.26.2013

Local authorities in Cluj-Napoca, northwestern Romania, on Friday signed two financing contracts worth 125 million lei (EUR28.8 million), which target the setting up of a new industrial park and the more

01.25.2013

Florea Diaconu, the owner of Bucharest-based builder Delta ACM 93, is looking at Azerbaijan, Algeria and Libya for opportunities, after having got a highway construction contract in Iraq, as well as a more

12.31.2012

Romania has managed in 2012 to finalize 125 kilometers of highways, upgrade 286 kilometers of national roads and finish 18 kilometers of beltways, according to data provided by the country’s roads more

11.05.2012

Romania’s Transport Ministry selected law firms Bostina and Asociatii, Ratiu&Ratiu and Popovici Nitu&Asociatii to offer legal assistance in carrying out road and railway infrastructure projects more

10.26.2012

Heinrich Vystoupil, recently selected to fill the position of chief executive officer of Romanian state-owned airline Tarom, does not accept the terms included in his contract and has until Monday to more

10.03.2012

Romanian chemical company Oltchim (OLT.RO) will send all its public procurement contracts whose initial value exceeds EUR500,000 to the Economy Ministry’s privatization office OPSPI. more

09.25.2012

Romania’s Government wants wage, work program and staff training conditions stated in collective work contracts to be negotiated yearly. more

09.12.2012

French-based power company Alstom Wednesday said it has secured two contracts worth a total of EUR160 million to supply air quality control systems in Romania and Taiwan. more

08.08.2012

Romania’s Economy Ministry said Wednesday it signed 7 non-reimbursable financing contracts of 233.2 million lei (EUR51.3 million) early August, within the EU-funded program targeting productive more

07.31.2012

Romania’s Economy Ministry said Tuesday it signed 16 non-reimbursable financing contracts of 486 million lei (EUR106.3 million) between July 9 and July 27, within the EU-funded program increasing more

07.20.2012

Romanian Economy Minister Daniel Chitoiu Friday said insolvent power producer Hidrolectrica terminated two more bilateral electricity deals concluded with Alpiq RomIndustries and Alpiq RomEnergie, more

07.11.2012

Romania’s largest insolvency, that of energy producer Hidroelectrica, is proving an increasingly tough mission, since the company could again use the force majeure clause because of the drought. more

07.06.2012

The European Commission has started an official inquiry into possible preferential tariffs at Romanian state-run power company Hidrolectrica after preliminary findings revealed two of the company’s more