KMG International attains strategic objectives, oil crisis did not affect company’s profit
KMG International, formerly Rompetrol Group, registered last year an EBITDA operating result of USD 162 M and a net profit of USD 4.6 M, according...
Category : COMPANIES
Hidroelectrica wins again . Bucharest Court rejects appeals filed by Alpiq RomIndustries and Alro Slatina
The Bucharest Court has rejected the appeals filed by Alpiq RomIndustries and Alro Slatina against the Euro Insol trustee in bankruptcy’s decision not to include...
Romatom supports construction of new nuclear plant in Hungary
The Romanian nuclear industry supports the Paks II new nuclear power plant project in Hungary, a project that features two VVER-1200 nuclear reactors, being of...
Transgaz reports estimated 2015 net profit of 487.7 million lei
Romania’s Transgaz national gas transmission corporation is estimated to record a 2015 net profit of 487.75 million lei, down 3 percent from 2014, according to...
Hidroelectrica: record profit last year, floatation in 2016
+ The company awards Deloitte a EUR 382,000 contract for services related to floatation and financial audit The Hidroelectrica energy company, currently insolvent, has awarded...
Romania , Hungary set joint strategies for freight transport to reduce carbon footprint
Romania and Hungary have established joint strategies for the development of freight transport mainly on water and by rail with a view to reduce the...
19 localities receive grants of up to EUR 200,000
+ The funds are earmarked by OMV Petrom and PACT Foundation through the “Ideas in Andrei’s Country” programme For the third consecutive year, the “Ideas...
Philip Morris Trading and Philip Morris Romania receives Top Employers Europe 2016 certification
Philip Morris Trading and Philip Morris Romania – the two local entities of the tobacco manufacturer Philip Morris International – were officially certified as Top...
Giurgiu-Ruse gas interconnector, to be completed this year
Bulgartransgaz, Bulgaria’s natural gas transmission company, has selected an Austrian company for the completion of works on the gas interconnector between natural gas grids of...
Premier Ciolos on state’s role in the economy: State-owned companies were left rudderless
After the working meeting at the Economy Ministry, Premier Dacian Ciolos stated that unfortunately the companies in which the state is shareholder were left rudderless,...
