privatisation

Major win for the Romanian electrical company Electrica in an EUR 800 million litigation case against the Romanian Management Company for Ownership in Energy (SAPE). The Romanian electrical company Societatea Energetică Electrica S.A.…

Civil Aviation Group SRL has won the privatisation contract of R. of Moldova's flag carrier, Air Moldova. Civil Aviation Group SRL is made of Romanian low cost airline Blue Air and a group of investors from Republic of Moldova, offering…

The Transgaz branch in Republic of Moldova, Eurotransgaz SRL, has won the auction for the privatisation of the gas transmission state company Vestmoldtransgaz, Moldovan Prime Minister Pavel Filip has announced on Tuesday. Filip said the…

The newly purchased Boeing 737-800 of Romania’s flag carrier TAROM, named Sarmizegetusa, was officialy presented on Wednesday, flying over Henri Coanda International Airport. Sarmizegetusa is the first out of the 30 scheduled in the…

The Constitutional Court (CCR) has unanimously ruled on Thursday, in an unprecedented decision, that article 13 of the government emergency ordinance on the privatisation of Roman SA Brasov and the setting up of the industrial park are…

CFR Marfa (Freight) has not recorded any improvement of its financial situation and risks bankruptcy, Competition Council President Bogdan Chiritoiu said. He warned that the European Commission (EC) could impose drastic sanctions…

Ministry of Transports proposes the stock market listing of Bucharest Airports (Aeroporturi Bucuresti) National Company – CNAB and APM SA Constanta (Constanta Port) National Company by selling a minority stake of 20-25 percent in an initial…

Rompetrol has challenged in court the RON 760 million seizure operated by DIICOT. The first term was set for Tuesday, later postponed for May 25, evz.ro informs. The prosecutors are investigating Petromidia’s privatisation and the…

The European Commission has opened an in-depth probe to verify whether debt write-offs by the Romanian State and continued supplies by State-owned enterprises in favour of Oltchim, despite the company's deteriorating financial situation,…

The National Anti-corruption Directorate (DNA) got noticed ex officio in regard to the non-execution of the sentence in the case of Dan Voiculescu (photo) in ICA (Institute for Food Research) file, digi24.ro reports. The DNA investigations…