Romanias second largest cable operator UPC, controlled by the Swiss-registered Liberty Global, denied in a public statement plans to merge with the market leader RCS&RDS, Ziarul Financiar daily reported. The daily mentioned for the first time back in end-February that RCS&RDS was close to taking over its rival UPC. Earlier last week, the antitrust bodys chief Bogdan Chiritoiu confirmed for Mediafax that he discussed with representatives of both cable operators the impact of such a merger on the market. The talks were only exploratory and the antitrust body does not reject in principle the merger, said Chiritoiu at the time. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more