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Foreign Realty Investors Hiked Their Romanian Firms’ Capital By EUR165M In 1H
Foreign real estate investors increased the capital of the firms they own in Romania by about EUR165 million in the first half of 2013, double from EUR86 million in the similar interval a ye...
CE Hunedoara Seeks Partners To Build 7-MW Micro-Hydro Unit
Romanian state-owned electricity producer Complexul Energetic Hunedoara is looking for partners to construct a 7-megawatt micro-hydro facility on the Mures river, an investment worth about E...
Maurer Imobiliare Wants To Develop Residential Project In Sibiu
Real estate developer Maurer Imobiliare will start developing a residential compound with 1,600 homes in Sibiu in July on a 10-hectare plot of land it bought this year.
Lebanese Farming Entrepreneur Jihad El Khalil Announces EUR22M Investment
Businessman Jihad El Khalil, one of the leading farmers in Romania, announced investments worth EUR22 million in an alfalfa bale processing facility and a vegetable oil plant.
Borgo Italiano Invests EUR25M In Luxury Residential Compound In W Romania
Italian real estate developer Borgo Italiano has started the construction of a luxury residential compound in Timisoara (western Romania), which engulfs EUR25 million.
Petrom To Award EUR450M Oilfield Infrastructure Contracts
Romania’s leading oil and gas company OMV Petrom (SNP.RO) plans to commission infrastructure works of up to EUR450 million for the redevelopment of seven mature onshore oil fields, the compa...
Genesis Biopartner Opens Cogeneration Plant On Biogas In Filipestii de Padure
Consortium Genesis Biopartner on Tuesday opened a cogeneration plant using biogas in Filipestii de Padure, southern Romania, following an investment worth EUR5 million.
IRUM Invests EUR1.8M In Solar Power Park In Reghin
Romanian tractor maker IRUM Reghin is investing over EUR1.8 million in a 1.39-megawatt solar power park that might become operational at the end of August, Mircea Eugen Oltean, the general m...
InterAgro Invests EUR35M In Vegetable Oil Plant In S Romania
InterAgro group, owned by Romanian businessman Ioan Niculae, has completed an investment of EUR35 million in a vegetable oil plant in Zimnicea (southern Romania), close to a bioethanol proce...