01.25.2012

Romanian railway administrator CFR awarded two contracts worth a total of 1.43 billion lei (EUR334 million), without VAT, to upgrade two railway section between Atel (Sibiu) and Coslariu (Alba). more

01.24.2012

Romanian lender BCR Banca pentru Locuinte (BCR BpL) had more than 250,000 clients at the end of 2011, cumulating deposits of over 800 million lei (some EUR185 million), up 85% on the year, the bank more

01.13.2012

Romanian railway administrator CFR and the management authority of the operational program for transport have signed two financing contracts amounting to 258.7 million lei (EUR60 million), VAT more

12.29.2011

Romanian state-owned hydropower producer Hidroelectrica terminated all direct sale contracts it had with SNLO, Salrom and CLMB Patinoar Brasov, while Luxten Lightning ended the contract “for image more

12.20.2011

The ranking of the top ten infrastructure projects awarded this year shows that the Transport Ministry is finally prioritizing spending and moving money from road repairs to highway construction. more

12.16.2011

Romanian Development Ministry state secretary Razvan Murgeanu and Deva mayor Mircia Muntean on Friday signed four financing contracts worth about 37 million lei (EUR8.52 million) through regional more

12.02.2011

Romanian natural gas producer Romgaz Medias has awarded over 1,300 public procurement contracts worth 576.5 million lei (EUR132.4 million) in the first eleven months of 2011, largely for drilling more

11.30.2011

Construction company Strabag Romania performed works worth a total EUR117 million in the first nine months of the year, down 2% on the year, but the order backlog nearly tripled to EUR535.9 million, more

11.16.2011

The Labor Ministry has published data on the number of employees based on the information from the labor inspection departments; there were over 5.25 million employees on payrolls at the end of more

11.01.2011

The Romanian Senate’s administration committee on Tuesday approved a bill whereby only public officials who own over 5% of a firm must disclose the respective firm’s contracts with the state. more

10.28.2011

Romanian oil and gas producer OMV Petrom (SNP.RO) acquired in September maintenance and transport services worth an approximate total EUR100 million, from subsidiaries of Austrian group Christof and more

10.26.2011

State-owned hydropower producer Hidroelectrica does not have the means to terminate its direct sale contracts, which are “perhaps” concluded over “too extended” periods, Wednesday said the more

10.21.2011

The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Alro more

10.20.2011

Romanian Transport Minister Anca Boagiu said that, by the end of the year, the ministry will sign European financing contracts worth EUR250 million for infrastructure investments, raising the total more

10.18.2011

The Romanian Chamber of Deputies on Tuesday tacitly adopted a bill whereby officials who own less than 3% of a company may no longer be forced to state the respective company’s contracts signed with more

10.06.2011

Romanian leasing firm Impuls Leasing financed contracts worth over EUR52 million in the first six months of 2011 and expects to end the year among the top players on the local market. more

09.26.2011

Data on the wages and types of employment contracts of over 4.2 million Romanian employees will have to be introduced in a new electronic register by the end of October, according to a Government more

09.23.2011

Romania’s Transport Ministry has signed 89 EU-funded contracts worth EUR1.6 billion since September last year, and will sign eight more contracts estimated at about EUR350 million in the following more

09.15.2011

Romanian public institutions will be able to contract consultancy services for projects that have already been awarded, as well as loans to finance EU projects, through "accelerated" more

09.05.2011

Romania’s Development Ministry awarded a 781.4 million lei (EUR184.2 million) contract to constructors Romstrade and Primacons to upgrade several local and county interest roads in the southern more

09.04.2011

Nearly one million new work contracts have been registered in Romania since the new Labor Code took effect, Prime Minister Emil Boc said Saturday at the summer school of his ruling Democratic Liberal more

08.19.2011

Pharmaceutical wholesaler Pharma Iasi recently signed a deal to buy medicine worth an estimated 50 million lei (EUR11.75 million) this year from Antibiotice (ATB.RO), according to an Antibiotice news more

08.17.2011

The almost 600,000 new labor contracts announced as signed between May and June in the wake of changes brought about by the new Labor Code have caused curiosity and skepticism among employers, as no more

08.10.2011

Romanian Government officials will go to China on Wednesday to negotiate a number of economic projects, including two new power station production units, a highway between Sibiu and Pitesti, a new more

08.08.2011

Romania’s leading oil company OMV Petrom (SNP.RO) has awarded drilling contracts for eight onshore fields worth EUR248 million, value added tax excluded, the company said in a statement Monday. more