Romania

The credit profile of Romanian natural gas transmission operator (TSO) S.N.T.G.N. Transgaz S.A could weaken owing to the company's involvement in Nabucco project, Standard & Poor's Ratings Services said in its statement. 

FMCG producer Unilever has invested €50 million in the past two years in expanding the production capacity of its detergents factory in Ploiesti by 30%, the company announced on 6 December, Business Review reported. The investment has also allowed the company to reduce electricity consumption said Marc Desefans, president of Unilever South...

Armenian Foreign Affairs Minister Edward Nalbandyan met visiting Romanian Foreign Affairs Minister Theodore Bakonski who was on a recent visit to Armenia. Nalbandyan said that the traditional friendship between the two peoples creates a favourable ground for the further development of Armenian-Romanian relations.

Romanian oil and gas company OMV Petrom has taken a €930 million syndicated loan from 14 local and international lenders, to finance earlier loans that were due in 2012, it announced on 23 November, Romania Insider reported. 

Samsung Electronics together with Electronics Support Division (ESD), a company specialized in after-sales services, opened last month in Bucharest Samsung Plaza, the largest service centre in Romania, that spans on a surface of 1,200 square metres, news agencies reported.