The Authority for State Assets Administration (AAAS) and Ford signed the documents for the conclusion of the privatization of Automobile Craiova. “By signing these documents, we can say the bases are set for the conclusion of the privatization process of Ford. Through the investment exceeding USD 1 bn more than half of which represent the technological investments, the company created a larger regional development background preserving the jobs here and it is a strategic partner in the area,” said AAAS chairman Nicolae Minea in a release. The US group Ford took over the company Automobile Craiova company in 2007 paying EUR 57 M for 72.4 pc of the shares.
Romanian FM qualifies the attack in Mariupol as a test for the international community, says the EU’s firm response is needed
Four Romanian MEPs nominated for “The Parliament Magazine” annual awards, PM Ponta congratulates them
President Iohannis congratulates the Romanian-German Chamber of Commerce, hails Germany as Romania’s main trade partner
BNR warns: Conversion of the Swiss Franc credits at the historical rate would generate 5.7 billion lei in losses
1100 delegates expected at the first National Council of the new PNL to adopt merger criteria, political roadmap until 2017
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