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Netherlands, Austria, Germany Bring Half Of Romania’s Foreign Investments In Past 5 Years
The Netherlands, Austria and Germany fetched around half the total volume of foreign direct investments in the past five years, remaining in the top three every year, according to data from...
Alro Invested $100M In Increasing Its Energy Efficiency Since 2002
Aluminum smelter Alro Slatina (ALR.RO) has invested about $100 million since 2002 in increasing its energy efficiency.
Petrotel-Lukoil Might Build Solar Panel Parks In Ploiesti
Romanian refinery Petrotel-Lukoil, a unit of Russia’s second-largest oil group Lukoil, is considering building several photovoltaic parks in Ploiesti, southern Romania.
Tchibo Opens Coffee Shop Where It Will Also Sell Clothes
German coffee producer Tchibo is investing in its own chain of stores on the Romanian market, and is in negotiations with all malls in Bucharest to open stores.
Samsung Becomes Largest Investor In Solar Power In Romania With EUR100M Project
South-Korean giant Samsung has become the biggest investor in solar parks in Romania after completing a EUR100-million project in Slobozia, Giurgiu county.
Dedeman Opens Two More Stores, Ends Year With EUR70M Investments
Do-it-yourself retailer Dedeman will open two new stores in Targu-Mures and Ploiesti for a total of 36 stores by the end of 2013, six more than at the beginning of the year.
Flanco Opens New Store In Ploiesti
Romanian electronics retailer Flanco Thursday opened a 1,000-square meter store in shopping center AFI Palace Ploiesti, in an investment worth EUR0.6 million, and expanded its network to 79...
Lowering Termination Rates To Cut Telecom Operators’ Revenues By EUR200M
Lowering termination rates starting January 1, 2014 will reduce telecom operators’ annual revenues by EUR200 million, which will affect infrastructure investments, especially in the 4G netwo...
Cora Opens Its First Hypermarket In Ploiesti In EUR6.1M Investment
French retail chain Cora opened a hypermarket Thursday in Ploiesti, its first in the city and 12th in Romania, following an investment of EUR6.1 million.