Romania - Global Business Magazine

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Digi Romania Acquires Majority Stake in Telekom Romania Mobile

Global Business Magazine May 29, 2024

Romania's major telecom group Digi Romania (DIGI) on Monday announced that it has reached an agreement to get indirect majority control of Read More

Business Aviation Featured News Regional

Emirates and Qatar Airways Vie for Majority Stake in Romania’s

Global Business Magazine April 22, 2024

Two national carriers in the GCC region – Qatar Airways and Emirates Airlines – are in discussions to buy at least 51% stake in TAROM, Read More

Business Energy Featured News Regional

Masdar and Romania’s Hidroelectrica to Work On Establishing Solar and

Global Business Magazine April 22, 2024

Hidroelectrica, Romania’s leading green energy producer, and the UAE-based Masdar, state-owned clean energy company, have signed an agreement to expand the Read More

Business Energy Featured News Regional

Azerbaijan Exports 3.2 BCM of Natural Gas to EU in

Global Business Magazine April 10, 2024

In what should be music to the ears of European Union (EU) member states, Central Asian nation Azerbaijan has exported 3.2 billion cubic Read More

Economy Featured News World

EC Okays $3.27 Billion Aid to Romania to Achieve Net

Global Business Magazine March 8, 2024

The European Commission (EC) on Wednesday approved a $3.27 billion Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic Read More

Energy Featured Mergers and Acquisitions News World

Romania’s OMV Petrom to Buy 50% Stake in RE Producer

Global Business Magazine January 12, 2024

Romanian oil and gas company OMV Petrom, the largest integrated energy company in Southeast Europe, said that it will acquire a 50% stake Read More

Business Featured News World

EU Raises Concern Over Merger of Two Telecom Firms

Global Business Magazine October 27, 2023

The $20.3 billion merger of two telecom operators – Orange Spain and MasMovil in Spain – hit a roadblock with the European Union’s Anti-Trust Read More

News Banking World

EXCLUSIVE ECB ready to set up money exchange for Ukrainian

Global Business Magazine March 29, 2022

The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency into euros Read More

Business News World

Food crisis grows as spiralling prices spark export bans

Global Business Magazine March 9, 2022

A global food crisis sparked by Russia's invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding Read More

Business Breaking News Featured Regional

UAE Has Adequate Food Stocks “For A Long Time,” Says

Global Business Magazine March 2, 2022

Allaying fears over the likely shortage of wheat, corn and other essential commodities, the government on Wednesday assured that it had enough Read More

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