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Spanish-Held Firm Builds Block Of Flats In C Bucharest
A Spanish-held company is developing a block of flats in central Bucharest, in an investment worth EUR2 million, real estate firm G3 Imobiliare, the promoter of the project, said in a statem...
German Group Continental Opens Fuel Pump Plant In C Romania
German auto group Continental Tuesday inaugurated a fuel pump plant in industrial park Ghimbav-Brasov, central Romania, following a EUR40 million investment.
Gedeon Richter Invested Over $50M In Romania Since 1998
Hungarian pharmaceutical company Gedeon Richter has invested over $50 million in Romania since 1998, when it bought medical drug producer Armedica in Targu Mures.
Green Power Investments Froze In July After Romania Changed Support Scheme
Investments in photovoltaic parks in Romania were 3.5 times lower in July compared with the previous month after Romanian authorities changed an aid scheme supporting green power producers.
CFR Needs EUR7B For Railway Section Modernization
The modernization of railway sections in northern and southern Romania, which belong to the Pan-European transport corridor IV, requires investments worth a total of EUR7 billion, Jean Nicol...
BNR Revises Up Romania's 2012 FDI To EUR2.1B
Romania’s central bank has revised upwards foreign direct investment data for 2012 to 2.14 billion euro, up from EUR1.8 billion in the previous year, the bank said in a news release Monday.
Alro Completes RON43.6M Investment In Production Equipment
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it has completed a 43.6 million lei (EUR9.77 million) investment to upgrade its production equ...
African Industries Wants To Buy Mechel’s Former Plants In Romania Before Kicking Off EUR200M Investment
Indian industrial group African Industries plans to invest EUR200 million in a 500,000-ton steel plant in Oltenita (southern Romania), but first it wants to see the outcome of negotiations f...
Romanians Choose Gold As Best Investment - Survey
Romanians feel gold is the best investment today, beating out real estate, bank deposits and even owning their own business, a survey from Novel Research shows.