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Petrom redirects gas for people’s consumption after temporarily shutting down chemical unit

January 4, 2009

The largest gas and oil company in Romania, Petrom, announced today it closed chemical plant Doljchim and gave the 1.2 million cubic meters of gas needed there for people’s consumption to help cope with the cut in shipments from Russia. Read more

Romania has no problems with natural gas supply

January 3, 2009

Romania has no problems with the natural gas supply, said Minister of Economy Adriean Videanu after a meeting on Saturday with people in charge of this field. Read more

Eugen Radulescu: Priority of Central Bank is protection of hard-currency reserves

December 11, 2008

Romania’s Central Bank (BNR) has as a priority the protection of the level of mandatory reserves, said, on Thursday, an official of the central bank, asked by the press about the possible ’safeguarding’ of a euro-leu rate of exchange, for keeping inflation under control. Read more

Industrial production estimated to grow 3.7 pc in 2008

December 10, 2008

Industrial production is to grow this year 3.7 percent and in Q4 by 0.5 percent compared to last year, according to the results of a conjectural study conducted by the National Prognosis Commission. Read more

Number of leasing contracts for Dacia cars falls 59 percent

December 9, 2008

The number of purchasing contracts for Dacia cars, under leasing, plunged 59 percent in Nov 2008, from the same month in 2007, said Dacia Co., on the basis of data supplied by RCI Banque Roumanie. Read more

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