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Hidroelectrica Mulls EUR130M Investment In Hydropower Plants By 2016
Romanian insolvent energy producer Hidroelectrica plans to invest EUR130 million in several micro-hydropower plants by 2016 to diversify its revenue sources, the company’s designated adminis...
Interest In Romanian Real Estate Market Perks Up As Buy-Sell Spread Decreases
Interest in developing real estate projects in Romania has gained vigor this year as the difference between prices asked by land owners and bid prices has diminished significantly, according...
Safety Broker, BAC Romania Invest Over EUR600,000 In Insurance Website
Romanian insurance broker Safety Broker and investment bank BAC Romania have launched a website Wednesday allowing visitors to conclude online insurance policies, following an investment of...
Alum Tulcea Invested $10M In Upgrading Slag Dump Since 2009
Romanian alumina producer Alum Tulcea (BBGA.RO) said Wednesday it has invested $10 million in upgrading its slag dump since 2009, when it started its activity.
MOL Romania Opens New Gas Station In EUR1M Investment
Hungary’s oil and natural gas company MOL said Tuesday it invested about EUR1 million in a new gas station in Romania, expanding its local network to 134 units.
Over EUR2.5 Billion Invested In 21 Wind Farms In Romania
A number of 21 large wind farms were either operating or undergoing testing in Romania at the beginning of December, following investments of over EUR2.5 billion, according to the latest dat...
Echo Investment To Start Work On Brasov Mall In Summer
Echo Investment, controlled by billionaire Michal Solowow, the third richest man in Poland, has announced the start of works on the EUR100-million Korona Brasov mall, for which it bought lan...
Romanian Pillar II Funds Won’t Be Allowed To Invest In Private Equity Real Estate Starting 2013
Romanian mandatory private pension fund (Pillar II) administrators will be forbidden to invest in private equity real estate or in securitized financial instruments starting January 1, 2013,...
Wellkept Imobiliare Develops Five-Story Office Tower In Central Bucharest
Real estate developer Wellkept Imobiliare has started the construction of a five-story office tower in central Bucharest.