CĂUTARE (39)

The implementation of the National Recovery and Resilience Plan (PNRR) could benefit from a significant extension, of up to 18 months, if the proposal included in the report on the Recovery and Resilience Mechanism (MRR), coordinated by the...

The presidential elections will be organized in September, as established four months ago by the governing coalition, Prime Minister Marcel Ciolacu, the PSD president, said at Sâmbăta de Sus, Friday, who rejected any renegotiation of the...

The Romanian state did not abuse its powers and the Parliament's rejection of a draft law on the mining of gold from Roşia Montana was not politically influenced, states in the reasoning of the decision of the judges of the international...

The shock in the energy sector has strongly affected companies in our country, about a third reporting a large increase in energy expenses, compared to companies in the United States, according to a survey by the European Investment Bank (EIB)...

The protests of taxi drivers and postal workers that took place yesterday in the Capital show once again that February is the preferred month for trade union movements, which in 2024 were prefaced in January by the street protests of transport...

Trade and construction represent the sectors of activity with the highest number of insolvencies recorded last year, but the largest increase in insolvencies was recorded in the transport and logistics sector, according to the study carried out...

The Minister of Culture, Raluca Turcan, draws attention to the advanced state of decay in which there are many heritage buildings in Romania, which have a very high historical and cultural value. Turcan stated that the investments in the built...

The real estate developer Qualis Properties from Braşov postpones the payment of the last coupon and the return of the principal of a bond issue worth almost 2.1 million euros, listed on the Multilateral Trading System of the Bucharest Stock...

Office calculations do not always align with those on the ground. The Ministry of Education has announced that it has proposed modifications to certain targets and milestones in the National Recovery and Resilience Plan (PNRR) to better reflect...

Bucharest has experienced one of the most significant increases in office space rents in Europe over the past 12 months (June 2023 compared to June 2022), according to a press release from Cushman & Wakefield Echinox. According to data...

The government will carry out two budget corrections this year, the first to be in September, according to sources from the Executive quoted by DC Business. According to them, the Ministry of Development, Public Works and Administration and the...

Reporter: What is your view on the current economic situation?

Lucian Anghel, the president of the BSE, today summoned the Board of the BSE to discuss the terms of the contract of Ludwik Sobolewski, whose mandate expires on August 21st. According to sources close to the situation, Lucian Anghel is going to...

The shareholders of the BSE and Ludwik Sobolewski have to decide this year if the Pole will stay in charge of the company for another four years, and if yes, in what context, as his term will expire in August.

The law of giving in payment may require banks to report to the NBR on their negotiations plans with customers and on the status of said negotiations, Mugur Isărescu, the governor of the Central Bank of Romania said yesterday.

Economic analysts have relatively different opinions concerning the new regulations, which are set to be passed by the head of state.

Oprescu's arrest means a massive drop of the rating of the Mayoralty of Bucharest, in other words an increase in the cost of debt, which was already high, given its already modest rating (Fitch - BBB-).

Reporter: What can you tell us about the construction of the in Piteşti-Pancevo oil pipeline, in which Oil Terminal is involved, along with Conpet, Gazprom and Transnafta?

Remus Borza, the president of the Supervisory Board of Hidroelectrica, will leave the company, prime minister Victor Ponta said in Târgu Jiu. This statement was made yesterday, without any further clarifications, when a priest in Gorj asked...

The general manager of Tarom, Christian Heinzmann, did not comply with the guidelines set by the directors of the Board of Directors of the Company, Dan Pascariu, the chairman of the Board of Directors. Since his appointment, Mr. Heinzmann has...

After about three months at the helm of CFR SA, Dimitris Sophocleous has resigned from the position of private manager of the company, due to the fact that the Minister of Transports has rejected the administration proposed by the Board of...

Wojciech Zaremba, the representative of PCC SE in Romania, yesterday succeeded in becoming a member of the Board of Directors of Oltchim again, according to sources from inside the company, after about two years of absence. Yesterday night, after...

• "At < Transelectrica >, I would like to go in with a scalpel"  

Banking sources have confirmed the accuracy of our observation that the letter of "Gliding" Ltd from Amsterdam, which guarantees that Dan Diaconescu has 45 million Euros available in an account with HSBC is not credible, first of all...

• There are more "clever boys" leeching off the company than those involved in the direct bilateral contracts  

• The company has to repay a loan to the Romanian Commercial Bank (BCR) 

More than half of the volume of energy sold by "Hidroelectrica" last year was based on direct contracts with private providers, the representatives of the company told us, in an interview. According to them, in 2011...

Aluminum maker Alro Slatina (ALR), controlled by Russian group Vimetco, supports the idea of desecretizing the energy procurement contract concluded with Hidroelectrica, but this will place it at a disadvantage compared to its competitors, Marian...

• The Romanian justice system is overwhelmed  

Although citizens have been informed about the privately managed mandatory pension funds (Pillar II), they do not understand in fact how the entire system works, according to Shah Rouf, CEO of Aviva Asigurari de Viata (Aviva Life). "The...

A mission of the IMF will arrive today in Bucharest, for the second evaluation of Romania"s economic program.

• 800,000 public sector workers will attend the meeting  

The president of the Senate, the leader of the Social Democrat Party (PSD), Mircea Geoană, claims that the fate of Romania"s economic recovery hangs in the balance these days, and he said that the worsening of the Romania"s economic...

• Canadian company expected to respond next week 

Alina Toma Vereha

The international financial crisis is causing an increase in the number of litigations in the energy sector because of various divergences that may occur in energy trading business. Gabriel Sidere, a Partner with CMS Cameron McKenna told...