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NIS Petrol Maintains Long-Term Expansion Plan For Romania
Energy

NIS Petrol Maintains Long-Term Expansion Plan For Romania

NIS Petrol, the Romanian subsidiary of Serbian oil group NIS controlled by Russia’s Gazprom, ended 2014 with 18 filling stations in Romania, after a year when investments reached EUR8 millio...

Catalina Apostoiu · 26.02.2015 · 00:00 · 3 min
Technology &Telecoms

Siemens Opens EUR4.5M IT R&D Center In Cluj

Germany's Siemens opened a regional IT research and development center in Cluj-Napoca Tuesday, following an investment of EUR45 million.

Oana Gavrila · 24.02.2015 · 15:51 · 1 min
Major Energy Companies Threaten To Halt Investment in Romania
Energy

Major Energy Companies Threaten To Halt Investment in Romania

Executives of utility companies say they are reluctant to continue to invest in Romania after two legislative changes in two years that shook their confidence in the long-term profitability...

Loredana Frățilă-Cristescu · 24.02.2015 · 01:05 · 2 min
Gran Via Completes 170 Apartments, Starts Two New Buildings Near Plaza Romania
Real Estate

Gran Via Completes 170 Apartments, Starts Two New Buildings Near Plaza Romania

Spanish Gran Via group will complete work on two buildings with 170 apartments, part of the Timisoara 58 complex in the west of Bucharest, in May.

Loredana Frățilă-Cristescu · 20.02.2015 · 00:00 · 2 min
Real Estate

Spanish Developer And Romanian Businessman Invest EUR5M In Residential Project In Bucharest

A Spanish developer in association with a Romanian businessman will invest EUR5 million in a residential project of 56 apartments in the Popa Nan area in Bucharest.

Oana Gavrila · 18.02.2015 · 12:28 · 1 min
Investors Start Building Their Own Roads
Companies

Investors Start Building Their Own Roads

Romania is the country where the authorities are unable or do not know how to develop the infrastructure as fast as private investors would need it, so they are taking matters into their own...

Loredana Frățilă-Cristescu · 11.02.2015 · 10:16 · 1 min
Capital Market

Biggest Fund Managers In Romania To Spend Up To RON500M On Stocks

The top five fund managers in Romania, with 20.2 billion lei (EUR4.6 billion) assets on their hands, have announced record high investments of up to RON500 million in stocks this year. The r...

Loredana Frățilă-Cristescu · 11.02.2015 · 00:00 · 1 min
Belgian Developer Liebrecht & wooD Invests EUR110M In Retail Park Near Bucharest
Real Estate

Belgian Developer Liebrecht & wooD Invests EUR110M In Retail Park Near Bucharest

Belgian Developer Liebrecht & wooD will invest around EUR110 million in a retail park in Cernica, near Bucharest, which will include a Fashion House outlet center, a hypermarket, a shopping...

Oana Gavrila · 10.02.2015 · 16:51 · 1 min
Czech P3 To Invest EUR35M In Expanding Europolis Logistic Park In Bucharest
Real Estate

Czech P3 To Invest EUR35M In Expanding Europolis Logistic Park In Bucharest

Czech P3 Logistic Parks will invest an estimated EUR35 million in expanding with two more buildings the Europolis Logistic Park in Bucharest, which it recently acquired from Austrian CA Immo...

Ecaterina Craciun · 04.02.2015 · 15:25 · 1 min