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Bucharest Airports To Invest EUR108M This Year
The Bucharest National Airport Company (CNAB), which operates the two international airports in Bucharest, has an investment budget of RON482 million (EUR108 million) this year, seven times...
Affidea Teams Up With Regina Maria For EUR1.5M Imaging Unit
Private healthcare services provider Affidea invested EUR1.5 million in an imaging unit opened in Bucharest-based Floreasca medical unit, owned by Regina Maria healthcare network.
Chimcomplex Completes EUR14M Investment In Cogeneration Installation
Romanian chemical company Chimcomplex Borzesti, owned by businessman Stefan Vuza, announced Tuesday it has completed an EU-funded investment of EUR14.35 million in a cogeneration installatio...
City Point Residential Complex Developers Prepare Over EUR100m Investments
Israeli-held Shikun & Binui and Red Sea Group, the developers of the City Point residential complex in Aviatiei area in northern Bucharest, plan to build about 1,800 apartments on a plot of...
Rompetrol Rafinare Completes $11M Environmental Investment
Oil company Rompetrol Rafinare has completed a $11 million investment aiming to cut back on pollution by lowering the amount of particles released into the atmosphere in the oil refining pro...
ParkLake Shopping Center To Create 2,000 Jobs
Shopping center ParkLake, developed by real estate companies Sonae Sierra and Caelum Development in Bucharest’s Titan district, will be opened in 2016, following an investment of EUR180 mill...
Vizel, AFI Europe: Bucharest Market Not Oversaturated With Malls
Bucharest’s mall market is not oversaturated, despite the openings in the last few years, says Israel Vizel, the manager of the shopping center division of AFI Europe, the owner of AFI Palac...
Swiss Group Repower Gives Up CHF200M Investment In Romania
Private power supplier Repower Furnizare Romania, the local subsidiary of Swiss-held Repower group, gave up investment exceeding 200 million Swiss francs in Romania, in renewable energy prod...
TriGranit: Romania Less Attractive Than Poland Despite Better Macroeconomic Indicators
Romania is a less attractive market than Poland in terms of real estate investments and transactions, despite the positive macroeconomic indicators, says Bogdan Macarie, development director...