Headlines

‘Romania’s new offshore law could hit stability’: RBSTA

2018-11-08 06:01:00
Offshore operators, though association, say over $2bn were invested in the last 10 years in exploration activities in the Black Sea Offshore operators, though association, say over $2bn were invested ...

State aid: Romania needs to recover around €60 million of incompatible aid from energy producer CE Hunedoara

2018-11-08 04:05:00
The European Commission has found that energy producer Complexul Energetic Hunedoara (CE Hunedoara) received around €60 million of incompatible State aid from Romania through four publicly financed lo...

Romania’s Senate president targeted in bribery investigation

2018-11-08 04:04:00
Prosecutors of Romania’s National Anticorruption Directorate (DNA) are investigating Senate president Călin Popescu Tăriceanu for allegedly receiving a EUR 800,000 bribe while he was a prime minister, ...

Romania's MobiUp Distribution enters Hungarian market

2018-11-08 03:41:00
MobiUp Distribution, a Romanian distributor and seller of mobile phone accessories, entered the Hungarian market, writes local paper Ziarul Financiar citing general manager of Arsis Trading Daniel Flo...

Telekom Romania revenues down 5% to EUR 227 mln in Q3

2018-11-08 03:03:00
Telekom Romania's total revenues were down 5.3 percent to EUR 226.7 million in Q3. Revenues from Retail Fixed services were down 16.0 percent, or 14.6 percent excluding the IFRS 15 impact, to EUR 60 m...

Tough times for Telekom Romania

2018-11-08 01:55:00
Telekom Romania had a challenging third quarter, while its parent company OTE’s recovery gathered momentum. Results published by OTE show that Telekom Romania ended Q3 with 1,453,526 TV customers, or ...

UPC Romania's RGUs increase by 10,900 in Q3

2018-11-08 00:57:00
UPC Romania's total number of RGUs increased by 10,900 to 2,090 million in Q3. Its number of homes passed was up by 9,000 sequentially to 3.146 million, while two-way homes passed grew by 12,900 to 3. ...

Romania, absent from promotional materials at London tourism fair

2018-11-08 00:30:00
Romania is absent from the presentation catalog and the information panels of the World Travel Market in London, the biggest tourism fair in the world, although it paid almost EUR 250,000 to have a st...

Romania’s parliament adopts law for building “Union Highway”

2018-11-07 23:30:00
The Chamber of Deputies adopted on Wednesday, November 7, a law for the construction of the Iasi-Targu Mures highway, also known as the “Union Highway” as it should connect the regions of Moldova and ...