Tragic Loss: Romanian Citizen with Israeli Citizenship Killed in Gaza
A Romanian national, Tal Haimi, who also held Israeli citizenship, was tragically killed in Gaza, as confirmed by the Romanian Foreign Ministry
Bulgarian Co Eyes Largest Romanian Copper Mine
Business | March 24, 2012, Saturday // 14:20
- Tweet
Send to Kindle
The largest Romanian copper mine Cupru Min. Photo by alba4all.ro
The Bulgarian company Ellatzite Med is striving to acquire the largest copper mine in Romania, Cupru Min SA Abrud.
The information is reported by the Romanian Adevarul.
The initial bidding price is set at EUR 60 M. Other interested candidates include companies from Canada, the Netherlands and Australia.
Bidding applications will be opened, checked and analyzed by March 26, 2012. After that date, Romania will announce the list of companies allowed to take part in the public tender.
The privatization of Cupru Min was requested by the International Monetary Fund. There have been two failed attempts in 2008 to privatize the mine.
According to the company's accounting reports, it had a profit of RON 18.8 M in 2010, after losses of RON 17.9 M in 2009. Cupru Min has debt of RON 71 M, the publication notes.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Sea Mine Exploded near a Romanian Beach 25 kilometers from Bulgaria
A mine exploded in the Black Sea this morning
Explosion at the Romanian Petromidia Refinery on the Black Sea coast
In July 2021, another explosion in Petromidia, followed by a fire, killed one person and injured five others
Rotation: Romanian Prime Minister Nicolae Ciuca has Resigned
He announced this himself minutes ago at a press conference at the Council of Ministers on Victoria Square in Bucharest
A Romanian Court has placed Andrew Tate under House Arrest
A Romanian court has ordered controversial influencer Andrew Tate and his brother to be moved from prison to house arrest while they are investigated for alleged human trafficking and rape
Romania has yet to Explain Why it Detained Bulgarian Fishing Vessels
There is still no official act on the basis of which the Bulgarian fishing vessels are detained, and this raises serious concerns
Politics | March 27, 2023, Monday // 08:21
10-15% Higher Prices: Bulgarians and Foreigners Brace for Increased Travel Costs as Holiday Season Approaches
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia Exceeds Average Income Levels in Europe
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Bulgaria's Eurozone Entry Postponed: Central Bank Governor and Ex-Economy Minister Sound Alarm
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
Shocker: Bulgaria Drops from UK Tourists' Cheapest Summer Spots List
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
Bulgarian Household Incomes Offset by Inflation in 2023
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
Report Shows Bulgarians Have Doubled Their Wealth in a Decade
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
