The head of OMV is coming to Bucharest today to negotiate with the Government representatives the amendment of the Offshore Law. This visit takes place in the context in which the Romanian state was sued, claiming provisions from the…

OMV Petrom has made the final investment decision for the Neptun Deep project and, together with its partner Romgaz, approves the development plan. The Neptun Deep project is expected to deliver a total gross volume of approximately 100…

Mazars, the international audit, tax, and advisory firm, today releases a new report, in association with Mergermarket, which reveals that dealmakers in the CEE region have adapted rapidly to the tougher environment that emerged in 2022.…

The Romanian mergers and acquisitions (M&A) market recorded 258 transactions1 during 2022, with a total estimated value of US$ 6.6bn2. This represents a 26% increase compared to the deal count of 2021 (206), and a higher estimated value…

Romania’s mergers and acquisitions (M&A) market reached a record in 2022 in terms of value and number of deals, according to an analysis conducted by Deloitte Romania. The estimated total market value for both disclosed and undisclosed…

Hungarian Foreign Minister Peter Szijjarto said, on Wednesday, that in the matter of extracting offshore fields from Romania, so far Hungary has been left in the dark by an American and an Austrian company, after the purchase contract for…

Deloitte Romania assisted Romgaz, the largest natural gas producer in Romania, owned 70% by the Romanian state, in obtaining the 325 million euros loan from Raiffeisen Bank. The loan will be used to partially finance the takeover of Exxon…

Romania will have natural gas from other sources next winter, including from the Black Sea, and starting this year we will have one billion cubic meters of additional gas, announced the Minister of Energy, Virgil Popescu. "Romania will…

Over 330 Western large companies and corporations have announced so far their withdrawal from the Russian market since the Russian army invaded Ukraine on February 24. The list of all these companies has been drafted by Yale School of…

Latest: The Ukrainian port city of Mariupol is suffering massive losses and is facing a disruption of drinking water in the context of repeated attacks by Russian forces, the mayor of the city, Vadim Boichenko, told Ukrainian television,…