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INVESTMENT

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Investing in Romania: An Investor’s Guide On www.zfenglish.com
Analysis

Investing in Romania: An Investor’s Guide On www.zfenglish.com

ZF English (www.zfenglish.com, the English version of Romania’s largest business publication Ziarul Financiar) introduced a new online product for investors looking for business opportunitie...

Bogdan Neagu · 24.04.2014 · 04:00 · 1 min
Former Grivita Brewery Land In Bucharest To Host EUR40M Real Estate Development
Real Estate

Former Grivita Brewery Land In Bucharest To Host EUR40M Real Estate Development

Kiseleff Development, owned by several Romanian investors, will assign EUR40 million for the construction of an office building and a shopping center on the site of the former Grivita brewer...

Oana Gavrila · 14.04.2014 · 12:24 · 1 min
Mutual Funds Raise An All Time High Of RON1.2 Billion In Q1
Capital Market

Mutual Funds Raise An All Time High Of RON1.2 Billion In Q1

Mutual funds have raised 1.2 billion lei (EUR269 million) from investors in the first quarter, which was their best ever. Most money went to funds with conservative investment strategies, bu...

Loredana Frățilă-Cristescu · 14.04.2014 · 00:00 · 1 min
Transelectrica Upgrades Transformer Station For RON42M
Energy

Transelectrica Upgrades Transformer Station For RON42M

Romanian state-run power grid operator Transelectrica (TEL.RO) will invest 42.2 million lei (EUR9.46 million) in the next three years to upgrade its electricity transformer station in Campia...

Florentina Dragu · 10.04.2014 · 16:14 · 1 min
Alro Invested Over $100M In Environmental Protection Projects
Energy

Alro Invested Over $100M In Environmental Protection Projects

Romanian aluminum producer Alro Slatina (ALR.RO), a unit of Dutch-based Vimetco, has injected more than $100 million in environmental protection during the past 10 years, in projects which h...

Florentina Dragu · 09.04.2014 · 12:06 · 1 min
Continental Invests EUR9.5M To Reduce Perception Of Smell At Timisoara Tire Plant
Automotive

Continental Invests EUR9.5M To Reduce Perception Of Smell At Timisoara Tire Plant

German auto group Continental will invest EUR9.5 million in a technical solution to diminish the perception of smell at its tire plant in the western city of Timisoara.

Gabriela Stan · 07.04.2014 · 16:20 · 1 min
KMG International To Reassess Investment Strategy For Ukraine, Turkey
Energy

KMG International To Reassess Investment Strategy For Ukraine, Turkey

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, will reassess its investment plans in Ukraine and Turkey, following recent political and social developments in the two co...

Florentina Dragu · 03.04.2014 · 15:52 · 1 min
OMV Petrom Invests EUR18M To Upgrade Fuel Terminal
Energy

OMV Petrom Invests EUR18M To Upgrade Fuel Terminal

Romania’s largest oil company OMV Petrom (SNP.RO) has completed an investment of around EUR18 million in upgrading its fuel terminal in the northeastern city of Bacau, the company said Wedne...

Florentina Dragu · 02.04.2014 · 10:50 · 1 min
China's ZTE To Open Services Center In Romania By End-September
Technology &Telecoms

China's ZTE To Open Services Center In Romania By End-September

Chinese group ZTE, one of the world’s largest telecom equipment producers, will open a services center in a city in western Romania by end-September.

Oana Gavrila · 27.03.2014 · 15:04 · 1 min