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InterAgro Opens Five-Star Hotel In Seaside Resort
Real Estate

InterAgro Opens Five-Star Hotel In Seaside Resort

InterAgro group, owned by Romanian businessman Ioan Niculae, invested some EUR10 million to upgrade a five-star hotel in seaside resort Venus, which will be opened Friday.

Ioana Tudor · 23.05.2013 · 13:01 · 1 min
Danone Invested Over RON300M In Romania Since 1998
Retail&Consumer

Danone Invested Over RON300M In Romania Since 1998

The investments of French food group Danone in Romania amounted to about 18 million lei (EUR4 million) in 2012, up over 10% on the year, and its sales on the local market remained steady at...

Ioana Tudor · 22.05.2013 · 15:55 · 1 min
Nabucco Pipeline Development Costs Rise To About 5% Of Total Investment
Energy

Nabucco Pipeline Development Costs Rise To About 5% Of Total Investment

Nabucco Gas Pipeline International, the consortium to develop, build and operate the Nabucco West pipeline, has spent less than 5% of the total value of the investment on the development of...

Ioana Tudor · 21.05.2013 · 15:46 · 1 min
Solar Power Investments In Romania Reach EUR150M
Energy

Solar Power Investments In Romania Reach EUR150M

Romania had more than 94 megawatts installed in solar power parks by May 16, 2013 compared with 49 MW at the end of last year, according to national power grid operator Transelectrica (TEL.R...

Tudor Ioana Raluca · 21.05.2013 · 00:00 · 1 min
China National Electric Engineering May Invest Up To EUR300M In Mintia Thermal Plant
Energy

China National Electric Engineering May Invest Up To EUR300M In Mintia Thermal Plant

Romania’s state-run power holding Hunedoara is in advanced talks with China National Electric Engineering Co. (CNEEC) to secure financing of up to EUR300 million for upgrade works at its Min...

Florentina Dragu · 20.05.2013 · 20:58 · 1 min
OMV Petrom To Invest EUR90M In Oprisenesti Field Redevelopment
Energy

OMV Petrom To Invest EUR90M In Oprisenesti Field Redevelopment

Romania’s largest oil and gas group OMV Petrom (SNP.RO) plans to invest about EUR90 million by the end of this year to redevelop its Oprisenesti oil field in the eastern county of Braila, th...

Florentina Dragu · 17.05.2013 · 10:13 · 1 min
Pepsi PET Preform Supplier Invests EUR5M In New Plant
Companies

Pepsi PET Preform Supplier Invests EUR5M In New Plant

Pet Star Holding based in Ialomita (southern Romania), which makes PET containers for Pepsi, Bunge, Expur and Heineken, will complete a EUR5 million investment in a new 35,000 square meter p...

Oana Gavrila · 15.05.2013 · 00:00 · 1 min
Prysmian Slatina Opens First Fiber Optic Cable Production Unit
Technology &Telecoms

Prysmian Slatina Opens First Fiber Optic Cable Production Unit

Prysmian Slatina has opened Tuesday the first unit for the production of fiber optic cables, following an investment evaluated at EUR10-EUR15 million.

Ecaterina Craciun · 14.05.2013 · 15:49 · 1 min
Dent Fix Pro Opens Dental Clinic In EUR250,000 Investment
Health

Dent Fix Pro Opens Dental Clinic In EUR250,000 Investment

Dent Fix Pro has opened dental clinic IVORY in an office building in northern Bucharest, following an investment of EUR250,000, and plans to open new clinics in other business centers in the...

Ecaterina Craciun · 13.05.2013 · 12:14 · 1 min