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InterAgro Group Invests EUR21M In Cogeneration Plant
InterArgro group, owned by Romanian businessman Ioan Niculae, has invested EUR21 million, VAT included, in a 20 MW-cogeneration power plant built within the chemical plant Donau Chem located...
Petrom Gains RON4B On Stock Exchange In A Month
The shares of Romanian oil-company OMV Petrom (SNP.RO) have returned to the spotlight after several major transactions have been sealed, in which significant stakes were transferred as cash...
Profi Takes Over Alimrom’s Store Network, Antitrust Watchdog Analyzes Deal
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, has taken over the store network of Cluj-based company Alimrom.
Bogdan Enoiu Invests EUR4M In Solar Park In Southern Romania
Bogdan Enoiu, who runs communication group BV McCann Ericskson Romania, is close to finalizing a EUR4 million investment in a solar park located close to Ploiesti, southern Romania.
Profi To Invest EUR18M In 2013 To Extend Store Network
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, has planned investments of about EUR18 million in 2013 to extend its Romanian network.
Cluj Authorities Are In Advanced Talks With A Company Aiming To Invest EUR1B And Hire 5,000 People
Cluj County Council says it is in advanced talks with a multinational company that plans to invest EUR1 billion in a production facility in industrial park Tetarom III in Jucu (Cluj county),...
Erste Willing To Finance Large Romanian Infrastructure Projects
In the seven years since taking over lender Banca Comerciala Romana (BCR), Austria’s Erste has gained a lot of experience, but the bank it now controls is far from the plan it dreamed up in...
Romania's Top Areas For Renewable Energy Investments
Constanta, Tulcea, Galati, Caras-Severin and Braila are Romania’s top counties when it comes to installed capacity of green power projects. The five counties have attracted more than EUR2.5...
Enel Connects To Grid Three New Romanian Wind Farms
Enel Green Power, a unit of Italy’s utility Enel, has connected to the grid three new wind farms located in southeastern Romania, with a total capacity of 206 megawatts, the company said in...