Results 1 - 25 from 61 for "state companies"
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Romanian Govt Oks Setup Of Agency To Assess Performance Of State-Run Companies
12.20.2022
The Romanian Government has approved a bill that provides, among others, the establishment of an agency tasked with monitoring and assessing the performance of public enterprises. more
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Romania Approves EUR1.5B State Aid For Energy-Intensive Companies
10.12.2022
The Romanian Government on Wednesday (October 12) adopted, at the proposal of the Ministry of Energy, an emergency ordinance on establishing a state aid scheme of EUR1.5 billion, for the period more
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Fiscal Council: Romanian State-Run Companies End 2020 With Total Net Profit Of RON900M
03.21.2022
The profitability of Romanian state-run and private companies, exclusively the ones in the financial sector, has improved in 2020, but the financial results were decisively impacted by the massive more
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At Least 90% Of State-Run Companies’ 2021 Net Profits To Be Distributed As Dividends
01.27.2022
At least 90% of the net profits registered in 2021 by state-owned companies in Romania will be distributed under the form of dividends to shareholders under a provision included in an emergency more
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PM Citu: State Companies With Losses To Receive Budget Funds Only Based On Restructuring Plan
01.05.2021
Romania’s Prime Minister Florin Citu announced Monday evening that state-owned companies with losses will receive state budget funds only based on restructuring plans. more
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Bucharest Stock Exchange: Freezing Minority Stakes Listings On Capital Market Goes Against Romania’s Interests
06.11.2020
The Bucharest Stock Exchange on Thursday said the Romanian Parliament's adopting a bill banning for two years the listing of state-owned companies restricts the state's ability to use capital markets more
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FP Urges Parliament to Reject Bill Suspending Sales of State-Owned Shares
06.10.2020
Property restitution fund Fondul Proprietatea (FP.RO) urges lawmakers to reject a bill that would suspend all disposals of shares owned by the Romanian state a period of two years. more
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EC Approves Compensation to Energy-Intensive Companies in Romania
05.11.2020
The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs more
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Detergenti SA, MPO Prodivers Rezistent, Romaqua Group, Among Seven New Firms To Get State Aid For Investments
09.11.2019
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Romania Grants RON360M State Aid To Five Companies For Investment Projects Worth RON1B
12.10.2018
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State Companies Post RON6.7B Profit And RON1.5B Loss In 2016
11.22.2017
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Teraplast, Barrier Windows Manufacturer And Pretzel Maker To Get State Aid for Job Creation
08.03.2017
Romania's finance ministry has selected 24 out of 38 applicants for state aid to support regional development through job creation, the ministry said in a statement Thursday. more
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Romania Finance Ministry Selects Six Companies For RON621M State Aid
08.29.2016
Romania’s Finance Ministry has selected companies Pirelli, Arctic, Clariant Products, Robert Bosch, Safe Med International and Alu Menziken to receive state aid worth RON621 million. more
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Romania To Introduce Private Management At Ten Other State Companies
01.06.2016
The Romanian government will draft a list of at least ten state-run companies that will get corporate management and it will also improve the selection process, government spokesperson Dan Suciu said more
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ASF Head: Listing 15 State Companies Would Bring Over EUR1B To State Coffers
04.28.2015
The listing of 15 companies which have or have not been privatized yet, are either minority or majority owned by the state or have already been listed, would bring the government over EUR1 billion, more
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Gross Profit Of Romanian State-Run Companies Reached RON2.74B In 2013
01.14.2015
Romanian state-run companies’ revenues increased by RON6.49 billion in 2013 and the gross profit of the 228 active state-owned economic operators stood at RON2.74 billion, according to a report more
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Romania's 20 Largest State Companies Post Net Profit Of EUR350M In 2013
06.10.2014
Romania’s 20 largest state-owned companies, monopolies in energy production, gas or rail transport, reported cumulated net profit of around EUR350 million in 2013, according to data centralized by more
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Romania To Play A More Active Role As Minority Shareholder - Nicolescu
05.30.2014
The Romanian state will play a more active role, in the upcoming months, in the companies in which it owns a minority stake, like Fondul Proprietatea (FP.RO) does, Energy Minister Razvan Nicolescu more
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EBRD Looks At SMEs And State-Owned Companies In Romania
05.13.2014
The European Bank for Reconstruction and Development is interested in buying stakes in Romanian state-owned companies, but is also mulling the country’s small and medium sized companies, said more
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Companies Get EUR684M State Aid Between 2008-2014
04.08.2014
The value of state aid granted to 55 companies reached EUR684 million between 2008 and 2014, out of which EUR259.2 million were already paid, Livia Stan, general manager in the Romanian Finance more
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State-Run Companies To Contribute 85% Of Profit To State Budget In 2014
11.01.2013
Romanian state companies will continue to contribute 85% of their profit to the state budget in 2014, Minister-delegate for Energy Constantin Nita said Friday. more
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Businesspeople In Romania Start Drafting Firms’ Budgets For 2014
10.24.2013
Businesspeople in Romania have started to draft next year’s budgets for their companies, but they cannot use the country’s 2014 draft budget as reference point because the latter will be finalized more
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Arrears Of Private And State Companies Rose To 20% Of Romania’s GDP During Crisis
09.24.2013
Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion). more
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Romania Pledges To Sell Most Companies Held By Economy Ministry
09.16.2013
The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund. more
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Romania Caps Public Sector Wage Raises At 60% Of Productivity Bonus - Draft
08.15.2013
Salary increases for the employees of autonomous regies and state-run companies will be capped at maximum 60% of the productivity bonus, given that wage raises include all the bonuses that can be more