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Mercuria To Invest $50M In Amromco Energy
Energy

Mercuria To Invest $50M In Amromco Energy

Mercuria, one of the world’s largest integrated energy and commodity trading companies, will invest $50 million in Amromco Energy, Romania’s third largest upstream gas producer.

Ecaterina Craciun · 24.09.2013 · 00:00 · 1 min
Timisoara Airport Seeks To Develop Modular Terminal For EUR112M
Companies

Timisoara Airport Seeks To Develop Modular Terminal For EUR112M

The international airport in Timisoara, western Romania, is looking to develop a modular terminal to improve connections between the airport and road transport means, hoping to raise passeng...

Oana Gavrila · 19.09.2013 · 14:33 · 1 min
Azomures To Upgrade Ammonia Unit In EUR100M Investment
Energy

Azomures To Upgrade Ammonia Unit In EUR100M Investment

Romanian fertilizer producer Azomures will invest EUR100 million in upgrading its ammonia factory in Targu Mures, chief executive Mihai Anitei said Thursday.

Florentina Dragu · 19.09.2013 · 14:20 · 1 min
Romania Airports Need Infrastructure Investments Of EUR300M In Next 10 Years
Automotive

Romania Airports Need Infrastructure Investments Of EUR300M In Next 10 Years

Airports in Romania need at least EUR200-300 million for investments in new runways, terminals and infrastructure in the next ten years, David Ciceo, president of the Romanian Airports Assoc...

Ioana Tudor · 19.09.2013 · 12:28 · 1 min
Romania’s Public Debt Doubles In Five Years To Over EUR50B
Macroeconomics

Romania’s Public Debt Doubles In Five Years To Over EUR50B

Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56...

Tudor Ioana Raluca · 19.09.2013 · 08:13 · 3 min
Government Wants To Sell CO2 Emission Certificates To Modernize Energy Sector
Energy

Government Wants To Sell CO2 Emission Certificates To Modernize Energy Sector

Romania plans to finance investments in modernizing its energy sector with funds obtained from selling to power producers greenhouse gas emission certificates, which the country will receive...

Ioana Tudor · 18.09.2013 · 11:29 · 2 min
Adamescu Family To Invest EUR55M In Its Two Unirea Shopping Centers
Retail&Consumer

Adamescu Family To Invest EUR55M In Its Two Unirea Shopping Centers

The Adamescu family, which owns Astra Asigurari, Unirea Shopping Center, Rex and Intercontinental hotels and two office buildings in Bucharest, plans to invest EUR55 million in the next two...

Tudor Ioana Raluca · 18.09.2013 · 07:47 · 4 min
MOL Opens Three Gas Stations In EUR3M Investment
Energy

MOL Opens Three Gas Stations In EUR3M Investment

MOL Romania, part of Hungarian oil group MOL, opened three gas stations following an investment of around EUR3 million, reaching 141 gas stations across the country.

Oana Gavrila · 17.09.2013 · 16:39 · 1 min
Echo Investment Changes Design Of Korona Mall To Meet Market Requirements
Real Estate

Echo Investment Changes Design Of Korona Mall To Meet Market Requirements

Polish company Echo Investment has changed the design of shopping center Korona, which it will develop in Brasov starting next year, and plans to buy existing retail projects, considering th...

Ioana Tudor · 15.09.2013 · 14:56 · 1 min