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Romania Plans To Start Building Two Nuclear Reactors In Two Years
Energy

Romania Plans To Start Building Two Nuclear Reactors In Two Years

Romania estimates it will start construction on a third and fourth nuclear reactor at its sole nuclear power plant in two years, Energy Minister Andrei Gerea told a news conference Monday

Oana Gavrila · 05.10.2015 · 12:47 · 1 min
Energy Holding Oltenia To Invest EUR1B In Opening Jilt Nord Mine
Energy

Energy Holding Oltenia To Invest EUR1B In Opening Jilt Nord Mine

The Jilt Nord mine, which belongs to state-run energy holding Complexul Energetic Oltenia, will be opened and put into exploitation at a capacity of 4.5 million tons of brown coal per year,...

Ecaterina Craciun · 25.09.2015 · 14:27 · 1 min
Lazar, Ged Capital: 2016 Will Be A Year Of Exits For Investment Funds
Companies

Lazar, Ged Capital: 2016 Will Be A Year Of Exits For Investment Funds

Spanish-held private equity firm GED Capital, whose capitalization stands at EUR150 million, is looking at new acquisitions in the IT, tourism and energy sectors, but is also considering pot...

Loredana Frățilă-Cristescu · 25.09.2015 · 00:00 · 2 min
NEPI Opens Shopping City Deva Following EUR14M Investments In Expansion
Real Estate

NEPI Opens Shopping City Deva Following EUR14M Investments In Expansion

South-African investment fund New Europe Property Investments (NEPI) is opening Shopping City Deva on Thursday, following EUR14 million investments in expansion and modernization.

Gabriela Stan · 24.09.2015 · 12:30 · 1 min
Polisano Invests EUR2M In Bioequivalence Centre In Sibiu
Health

Polisano Invests EUR2M In Bioequivalence Centre In Sibiu

Medical drugs factory Polisano Pharmaceuticals, part of Polisano group, will be opening a bioequivalence centre in Sibiu (central Romania), following an investment of EUR2 million.

Ecaterina Craciun · 22.09.2015 · 14:09 · 1 min
Romania, China To Start Work on 600 MW Power Plant in 1H 2016
Energy

Romania, China To Start Work on 600 MW Power Plant in 1H 2016

Romanian state-owned energy holding CE Oltenia and Chinese China Huadian Engineering Ltd. will start works on a 600 MW power plant in the first half of 2016, a company official told Mediafax...

Oana Gavrila · 14.09.2015 · 15:52 · 1 min
EKR Elektrokontat Romania To Build Wiring Plant In Targu-Jiu
Automotive

EKR Elektrokontat Romania To Build Wiring Plant In Targu-Jiu

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will...

Loredana Frățilă-Cristescu · 03.09.2015 · 00:00 · 1 min
Macroeconomics

Government Investments At Ten-Year Low

The Ponta Government announced a record budget surplus of 1% of the gross domestic product, 7 billion lei (EUR1.6 billion) in January-July, some of which it will use for wage raises, while c...

Loredana Frățilă-Cristescu · 28.08.2015 · 00:00 · 2 min
EBRD Invested Almost EUR3B In Romania In Five Years
Banks-Insurance

EBRD Invested Almost EUR3B In Romania In Five Years

The European Bank for Reconstruction and Development, the largest foreign institutional investor in Romania, has invested EUR2.7 billion in the country in the last five years, continuing sup...

Loredana Frățilă-Cristescu · 20.08.2015 · 09:28 · 1 min