INVESTMENT
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Foreign Investment Up 22% In January To EUR300M
Romanian foreign direct investment, or FDI, rose to 299 million euros in January, from EUR244 million in the same month of 2014, data from the central bank showed Monday.
Telekom Romania To Invest Over EUR160M This Year In Infrastructure Development
Telekom Romania will invest over EUR160 million this year to develop its communications infrastructure and to stimulate land line-mobile convergence, CEO Nikolai Beckers told a news conferen...
ArcelorMittal Galati Invests EUR7M In Energy Efficiency Program
ArcelorMittal Galati has invested more than EUR7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces, part of a wider energy effici...
Pension Funds Might Increase Stock Market Investments By RON2.3B
Private pension funds are discussing with the Financial Supervisory Authority (ASF) an increase of the cap on share investments. A 5-percentage point increase to 25% of their assets would tr...
Adama Starts Construction Of 77-Apartament Compound In Bucharest, In EUR3M Investment
Real estate developer Adama, owned by Austria’s Immofinanz group, starts the construction of a new residential compound in Bucharest’s Berceni district, which will include 77 apartments and...
Romania Net Investment Down 3% To RON65.6B In 2014
Investments in Romania declined last year, despite a slight recovery in the last quarter, due to lower amounts allocated for new constructions and equipment, statistical data showed Thursday...
Rus Savitar Builds EUR4.4M Furniture Factory In Western Romania
Furniture manufacturer Rus Savitar, owned by the Rusu family, is starting construction on its fourth production unit, located in Timis county, western Romania, with a EUR4.4 million investme...
3TS Capital Takes Stake In Firm Operating Vola.ro In EUR5M Investment
Private equity firm 3TS Capital Partners on Friday said has joined, through an investment of EUR5 million, the shareholding structure of Interactive Travel Holdings (ITH), the majority stock...
Transelectrica Plans RON3B Investment, Will Spend Only 20% In 2015-2017
National grid company Transelectrica (TEL.RO) plans to make more than 3 billion lei (EUR678 million) investments but estimates it will spend only RON554 million in 2015-2017 as many projects...