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Energy

Total Electric To Invest EUR20M In 15-MW Wind Farm In SE Romania

Buzau-based Total Electric plans to build a 15 MW wind farm in southeast Romania, in an investment estimated at EUR20.2 million.

Andrei Cîrchelan · 16.06.2011 · 12:36 · 1 min
City Mall Fails To Find Buyer For Fourth Time
Real Estate

City Mall Fails To Find Buyer For Fourth Time

Bucharest’s bankrupt shopping center City Mall failed again to find a buyer at the fourth auction scheduled at the end of last week.

Cristi Moga · 13.06.2011 · 00:00 · 1 min
Banks-Insurance

Public Procurement Watchdog Limits Duties Of Management Authorities

Romania’s National Authority for the Regulation and Monitoring of Public Procurement (ANRMAP) limited the duties of management authorities regarding checkups on procedures to award EU-funded...

Tudor Ioana Raluca · 12.06.2011 · 15:09 · 1 min
Liquidators Make Final Attempt To Sell-Off Bankrupt City Mall
Real Estate

Liquidators Make Final Attempt To Sell-Off Bankrupt City Mall

Bucharest shopping center City Mall failed to attract investors at a fourth auction following the company’s bankruptcy in November last year and liquidators are making a final attempt before...

Florentina Dragu · 10.06.2011 · 12:59 · 1 min
Automotive

CFR Calatori Wants To Upgrade 45 Engines For RON175.5M

Romanian state-owned passenger railway company CFR Calatori wants to upgrade 45 electric engines and buy train parts for multiple unit Desiro.

Tudor Ioana Raluca · 08.06.2011 · 16:14 · 1 min
Energy

Electrocentrale Deva Seeks Contractors For RON85.5M Eco-Works

Romanian electricity producer Electrocentrale Deva, a subunit of state-owned Termoelectrica, plans to invest 85.5 million lei (EUR20.7 million) in environment works.

Andrei Cîrchelan · 06.06.2011 · 15:24 · 1 min
Capital Market

Proprietatea Fund Seeks Buyers For 8.63% In Metal Recycler

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell at auction its 8.63% stake in paper and metal recycler Celuloza si Otel Timisoara, the fund said in a statement Thursday.

Florentina Dragu · 02.06.2011 · 12:06 · 1 min
City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M
Real Estate

City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M

Bankrupt shopping center City Mall Bucharest will be put on sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 mil...

Andrei Cîrchelan · 30.05.2011 · 11:57 · 1 min
Transport Ministry To Launch Auction For Cernavoda-Medgidia Highway Section
Automotive

Transport Ministry To Launch Auction For Cernavoda-Medgidia Highway Section

The Romanian Transport Ministry will launch an auction next week to award a new contract for the design and construction of the Cernavoda-Medgidia highway section, in southeastern Romania.

Tudor Ioana Raluca · 27.05.2011 · 14:29 · 1 min