INVESTMENT
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Winmarkt Boss: Sale Not A Priority Until 2018
The sale of the shopping centers in Romania is not a priority until 2018, but “everything has its price,” says Carlo Barban, the executive in charge of the Winmarkt shopping center business...
Electrica Seeks Stockholders Approval For RON860M Investment Plan
Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first dr...
Romania 1Q Net Investment Up 8.5% To RON11.9B
Romanian first-quarter net investments rose 8.5% on the year to 11.93 billion lei (EUR2.69 billion), mainly due to the improvement in construction activity, data from the country’s statistic...
Continental Invests EUR10.5M In Tire Factory To Reduce Smell
The Continental tire factory in Timisoara, western Romania, invested EUR10.5 million in a system that reduces the smells eliminated in the production process.
Morad Group Starts Work On Two Buildings In Onix Residence In EUR12M Investment
Real estate developer Morad Group has started construction works on two new apartment buildings in its Onix Residence compound in Bucharest, in an investment estimated at EUR12 million.
Transgaz Prepares EUR1.5B Investments For Black Sea Gas
Romania’s natural gas transmission system is getting ready for one of the most significant capital inflows, about EUR1.5 billion, prompted by Black Sea discoveries mainly.
Electrica: More Opportunities Will Come Up, As Vertically Integrated Companies Go Through Transformations
There will be further opportunities on the market, as the major integrated players in the energy sector are going through transformations, says Ioan Rosca, general manager of Electrica (EL.R...
ArcelorMittal Galati Invests EUR4.75M In Demineralized Water Station
Steel mill ArcelorMittal Galati invested EUR4.75 million in a station of demineralized water used to produce steam for the turbo-blowers and for various technological processes.
US’ Invesco Returns To Bucharest Stock Exchange With Romgaz Investment
US investment manager Invesco, one of the top 20 in the world in its line of business, bought one million shares in natural gas producer Romgaz (SNG.RO) in March. The purchase marked its ret...