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After No Growth In 2012, An Economic Rebound Next Year Is Seen Modest In The Absence Of EU Funds, FDI
Macroeconomics

After No Growth In 2012, An Economic Rebound Next Year Is Seen Modest In The Absence Of EU Funds, FDI

Economic analysts anticipate the economy will grow in 2013, with estimates for an increase of the gross domestic product ranging between 0.5% and 2.2% after the Romanian economy returned to...

Daniela Stoican · 28.12.2012 · 00:00 · 3 min
Romania Has 800 Turbines, Investments In Wind Farms Exceed EUR1.5B In 2012
Energy · 2012 in review

Romania Has 800 Turbines, Investments In Wind Farms Exceed EUR1.5B In 2012

Romania has wind farms with a total installed capacity of about 2,000 megawatts and remains one of the world’s most attractive countries for investments in renewable energy.

Ioana Tudor · 27.12.2012 · 16:33 · 1 min
Hypermarket Operators Invested Some EUR150M In New Units This Year
Retail&Consumer · 2012 in review

Hypermarket Operators Invested Some EUR150M In New Units This Year

The five hypermarket operators present in Romania opened 14 stores in 2012 and closed two, and investments in the new units exceeded EUR150 million, according to ZF estimates.

Ioana Tudor · 27.12.2012 · 11:54 · 1 min
How Profitable It Would Have Been To Invest In Wheat In 2012
Companies

How Profitable It Would Have Been To Invest In Wheat In 2012

If an investor had bought wheat worth EUR100,000 at the beginning of 2012, they would have been able to sell it for around EUR148,000 in the past few weeks of the year, yielding almost 48%,...

Neagu Bogdan Mircea · 26.12.2012 · 09:00 · 1 min
GDF Suez To Build 50MW Wind Farm In Romania In 2013
Energy

GDF Suez To Build 50MW Wind Farm In Romania In 2013

GDF Suez Energy Romania bought firm Alizeu Eolian aiming to develop a wind farm with a capacity of 50 megawatts in Galati county (in the eastern part of the country) next year, the company s...

Ioana Tudor · 21.12.2012 · 13:36 · 1 min
MOL Romania Opens New Gas Station In EUR1.3M Investment
Energy

MOL Romania Opens New Gas Station In EUR1.3M Investment

Hungary’s oil and natural gas company MOL said Thursday it invested about EUR1.3 million in a new gas station in Romania, expanding its local network to 135 units.

Manuela Panescu · 20.12.2012 · 14:06 · 1 min
Kaufland Romania Invested Up To EUR100M In Ten Hypermarkets In 2012
Retail&Consumer

Kaufland Romania Invested Up To EUR100M In Ten Hypermarkets In 2012

German retailer Kaufland opened ten hypermarkets in Romania this year, following investments of EUR70 million to EUR100 million.

Tudor Ioana Raluca · 19.12.2012 · 00:00 · 1 min
Bucharest Authorities Want To Contract Credit Lines Of About EUR100M
Social/Politics

Bucharest Authorities Want To Contract Credit Lines Of About EUR100M

Bucharest’s sector 6 city hall wants to contract a credit line of up to 240 million lei (EUR53.8 million) to finance building thermal rehabilitation projects, and the capital’s sector 4 mayo...

Ioana Tudor · 17.12.2012 · 17:06 · 1 min
Capital Market

Prodplast Stockholders OK Capital Market, Private Equity Investments Of Up To EUR7.5M

The shareholders of Romanian plastics producer Prodplast Bucuresti (PPL.RO) approved investments of up to EUR7.5 million on the capital market and in private equity funds.

Ioana Tudor · 17.12.2012 · 15:03 · 1 min