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BUSINESS

Japanese Asahi to buy Romania’s most popular beer brands, part of EUR 7.3 bn deal

beer-brands

Tokyo-based brewer Asahi Group announced Tuesday it plans to buy five beer brands in Eastern Europe, owned by SABMiller, before it was acquired recently by Belgium-based Anheuser-Busch InBev, for EUR 7.3 billion (USD 7.8 billion), foreign media informs. This is ...

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Romania to have CNG fuelling stations network by 2020

cng

During the next four years, Romania will set up a network of fuelling stations for compressed natural gas (CNG) for vehicles in accordance with EU Directive 94/2014, the Association of Compressed Natural Gas Producers and Users – CNG Romania announced ...

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European funds absorption for 2007-2013 up to 81.73pc

fonduri europene

The current absorption rate of European funds for the 2007-2013 interval has increased in November as compared to October by 1.75 percentage points, up to 81.73%, the Ministry for European Funds (MFE) informs, according to antena3.ro. Hence, the current absorption ...

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PSD’s economic program: wages tax cuts, VAT of 18 pc, higher salaries

economic-program

The economic program of the Social Democrat Party (PSD), that the leader Liviu Dragnea (photo) said he would implement it, includes massive tax cuts: 0 percent for salaries, pensions and incomes from independent activities under RON 2,000 monthly gross and ...

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Electricity consumption, up by 3.6 pc in first ten months

electricity-consumption

The final consumption of electric energy during the first ten months of 2016 was 45322.4 million KWh, by 3.6 percent higher as against the same period of 2015, National Institute of Statistics (INS) data show on Monday. Thus, the public ...

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EC’s Dombrovskis: CHF loans conversion law to be carefully applied in Romania

chf-loans

The law on Swiss franc (CHF)-denominated loans conversion into the local currency must be implemented very carefully in Romania, Valdis Dombrovskis, Vice-President of the European Commission for Financial Stability, Financial Services and Capital Markets Union, stated, taking into account the ...

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TAROM, in discussions with Airbus and Boeing for fleet renewal

tarom

TAROM, Romania’s flag carrier, holds talks with Boeing and Airbus aircraft manufacturers for fleet renewal, as well as on the recovery of two Airbus A310 removed from the national airline fleet, Transport Minister Sorin Buse stated in an interview for ...

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Gas imports, up by 465.8 pc at end-Q3

gas-imports

In the first nine months 2016, Romania imported 381,900 tonnes of usable natural gas of oil equivalent (toe), up by 465.8 percent compared to the same period of last year (314,400 tep), according to data released by the National Statistical ...

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