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RCS&RDS’ Solar Parks Could Generate Revenues Of EUR5M
The photovoltaic parks of telecom operator RCS&RDS could generate about EUR5 million revenue every year, according to ZF calculations, most of which from sale of the green certificates award...
Panfora Oil&Gas Earmarks $38M For Hydrocarbon Exploration In Romania In 2013
Company Panfora Oil & Gas, part of Hungarian group MOL, specializing in hydrocarbon exploration and production in Romania, has allotted $38 million for investments this year and will start e...
SOCAR Opens Its 15th Gas Station In Romania
Azeri state-run oil company SOCAR has opened its 15th gas station in Romania Tuesday following an investment worth about EUR1 million, and earmarked EUR50 million to further expand its local...
Two Romanian Businessmen Develop EUR20M Business Park In Timisoara
Two Romanian businessmen will invest about EUR20 million in developing a business park in the western city of Timisoara.
Financial Crisis Takes Toll On Bucharest's Global City Business Park
Global City Business Park in Bucharest registers an occupancy rate of just 50%, despite offering lower rents than some of its competitors, mainly due to the financial crisis and the fact tha...
Dedeman Opens 32nd Store Next Week In EUR9M Investment
Romania’s biggest do-it-yourself retail chain Dedeman will open a new store next Friday, in Miercurea Ciuc, central Romania, following an investment of EUR9 million.
Draexlmaier To Fire Nearly 300 Employees In Pitesti, Still Plans To Hire 1,500 People In Romania
Dräxlmaier Pitesti, the German car part maker’s oldest plant in Romania, which makes cables for the auto industry, plans to lay off 8% of its staff, or 292 employees, 2% of all its employees...
Lufkin Industries Inaugurates $140M Facility In Romania
U.S. oil and natural gas equipment producer Lufkin Industries Inc. Wednesday inaugurated its new manufacturing facility in Romania, following total investments of $140 million.
ELCEN And Japan’s Marubeni Sign Agreement For EUR150M Investment
Romanian state-run thermal power producer ELCEN and Japanese energy trader Marubeni on Tuesday signed an agreement for the construction of a EUR150 million thermal power plant in Fantanele (...