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Biogest Invests EUR6M In Biogas Unit In Northern Romania
Energy

Biogest Invests EUR6M In Biogas Unit In Northern Romania

Austria’s Biogest will build a biogas unit in Ardud, Satu-Mare county, northern Romania, in a EUR6 million investment financed by Banca Comerciala Romana (BCR).

Oana Gavrila · 26.11.2013 · 11:39 · 1 min
Chinese PM Comes To Bucharest, Will Be Joined By Execs Of 200 Chinese Companies
Energy

Chinese PM Comes To Bucharest, Will Be Joined By Execs Of 200 Chinese Companies

Newly-elected Chinese Prime Minister Li Keqiang will come to Bucharest next week to attend an economic forum, and Romanian energy projects worth EUR5 billion are ready for signing. The Prime...

Tudor Ioana Raluca · 21.11.2013 · 08:10 · 2 min
Transavia Sets Up Two More Produce Farms, Invests EUR5M In Farming Equipment
Retail&Consumer

Transavia Sets Up Two More Produce Farms, Invests EUR5M In Farming Equipment

Transavia, the biggest poultry meat producer in Romania, has set up two new produce farms and invested EUR5 million in the purchase of farming equipment, the company said Wednesday.

Oana Gavrila · 20.11.2013 · 16:22 · 1 min
TenarisSilcotub Opens New Finishing Line In Zalau
Energy

TenarisSilcotub Opens New Finishing Line In Zalau

Romanian steel pipes manufacturer TenarisSilcotub Wednesday said it has inaugurated a new finishing line for oil&gas equipment, part of a larger $62 million investment in its plant in Zalau.

Florentina Dragu · 20.11.2013 · 15:52 · 1 min
ArcelorMittal Galati Invests EUR2M In New Equipment To Improve Product Quality
Energy

ArcelorMittal Galati Invests EUR2M In New Equipment To Improve Product Quality

Romanian ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Wednesday said it invested EUR2 million in a new machine which will help improve product quality.

Ecaterina Craciun · 20.11.2013 · 13:25 · 1 min
SOCAR Opens Four New Gas Stations In Romania
Energy

SOCAR Opens Four New Gas Stations In Romania

Azeri state-run oil company SOCAR has opened four new gas stations in Romania following investments of over EUR5 million and expanded its local network to 20 units.

Ioana Tudor · 20.11.2013 · 10:30 · 1 min
Adama: We Don’t Start A Project Unless We Get Profit Of At Least 10% Per Year
Real Estate

Adama: We Don’t Start A Project Unless We Get Profit Of At Least 10% Per Year

What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the projec...

Tudor Ioana Raluca · 13.11.2013 · 00:00 · 3 min
Mega Image Takes Up Six Hectares Of Retail Space In Bucharest
Real Estate

Mega Image Takes Up Six Hectares Of Retail Space In Bucharest

Belgian-held supermarket chain Mega Image, which has 210 stores in Bucharest covering 60,000 square meters of space, has become the biggest tenant on the ground floor of apartment buildings,...

Tudor Ioana Raluca · 13.11.2013 · 00:00 · 1 min
Immochan Invests EUR60M In Building Coresi Shopping Center In Brasov
Real Estate

Immochan Invests EUR60M In Building Coresi Shopping Center In Brasov

Immochan, the real estate division of France’s Auchan, started construction works Monday in Brasov on its Coresi shopping center that will include 130 stores, 6,000 square meters of entertai...

Oana Gavrila · 11.11.2013 · 16:36 · 1 min