The ambassadors of France, Germany, Italy and the UK are asking the government the compensation of the energy suppliers who compensated the bills, says G4Media. The ambassadors consider, in a letter sent to the minister of economy Virgil Popescu and premier Nicolae Ciuca the fact that the big suppliers E.ON, ENEL, ENGIE and Macquarie Asset Management (CEZ) manifested the preoccupation with regard to the fact that the biggest part of the financial burden of the support measures for the population comes to the private sector, says G4Media. The minister of work, Marius Budai announced on Wednesday in the government meeting that, starting on Monday the payments to the suppliers started, suppliers who capped and compensated energy prices. ‘Yesterday we had 18 million, today we have three suppliers with 6.5 million” said Budai, adding that the sums are updated every hour. Premier Nicolae Ciuca asked, on Wednesday, in the government meeting to be informed on the payments to these suppliers.
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The...
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from […]
