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OMV Petrom starts first 3D seismic campaign in shallow water, in Black Sea Neptun Block

OMV Petrom starts the first exploration campaign in the shallow water sector of Neptun…

Hidroelectrica obtains 6 mln euros by issuing emission reduction units

The energy produced by hydro-electric power producer Hidroelectrica in the new capacities, following the…

Romanian Govt’s PM: Negotiations with Chevron on gas exploration sound interesting

Premier Victor Ponta declared that negotiations with Chevron, the second largest oil group in…

Cismigiu Hotel opens after 17 years

Spanish developer Hercesa re-opened Cismigiu hotel in Bucharest, after 17 years. The hotel has…

'First Home' project continues in 2013 with EUR 200 million ceiling amount

Romanian Government approved an emergency ordinance on the adoption of measures to improve the…

Gral Medical - business increase by 20% and over 13,000 health cards in a single year

Gral Medical , the main fully Romanian company offering medical services concludes 2012 with…

Peugeot Citroen shuts down the local branch in Romania

PSA Peugeot Citroen, the largest car manufacturer in France reorganized its activities in Romania…

Raiffeisen Bank has two new members in the Board of Directors

Supervisory Board of Raiffeisen Bank nominated Mircea Busuioceanu as Chief Risk Officer and Bogdan…

Telecom market sees a 3.5 percent increase at 6 months this year

Telecommunications market in Romania saw a growth of 3.5 percent in the first six…

Venture of ERG and Lukoil acquires 84 MW wind park in Romania

Lukerg Renew, a venture between Italy’s ERG SpA (ERG) and Russia’s OAO Lukoil, bought…

Car market drops 22 percent at 11 months this year

The overall car sales on the Romanian market reached 80,439 units at 11 months…

BCR will fire 1,600 people and will close more than 60 unprofitable branches

Banca Comerciala Romana SA, Romania’s largest bank by assets, will cut about 18 percent…

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