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Energy

Sortilemn Completes EUR7M Investment In Cogeneration Plant

Sortilemn, a furniture maker based in Gherla (NW Romania) and one of the most important local suppliers of IKEA, has completed a 30 million lei (EUR6.6 million) project to build a cogenerati...

Tudor Ioana Raluca · 23.10.2012 · 00:00 · 1 min
Lafarge Romania Invests RON13.7M In Waste Co-Processing Unit
Real Estate

Lafarge Romania Invests RON13.7M In Waste Co-Processing Unit

Cement maker Lafarge Romania, a unit of French group Lafarge, invested 13.7 million lei (about EUR3 million) in extending and upgrading the waste co-processing unit at its plant in Hoghiz, B...

Ioana Tudor · 22.10.2012 · 17:56 · 1 min
Businessman Ioannis Papalekas To Invest In Office Building On Porsche Showroom Site
Real Estate

Businessman Ioannis Papalekas To Invest In Office Building On Porsche Showroom Site

Greek businessman Ioannis Papalekas, who also bought bankrupt City Mall and insolvent Tower Center in Bucharest this year, has made a new acquisition, namely the site of Porsche Aviatiei sho...

Manuela Panescu · 22.10.2012 · 00:00 · 1 min
Gran Via Wants To Build 98 Apartments In Bucharest, Sell Land To Finance Works
Real Estate

Gran Via Wants To Build 98 Apartments In Bucharest, Sell Land To Finance Works

Spanish company Gran Via might start the construction of 98 apartments in Bucharest in 2013 and plans to sell a part of the land it own in the capital to finance works, a company official to...

Ioana Tudor · 17.10.2012 · 15:40 · 1 min
Samsung Plans 45 MW Solar Parks In Romania
Energy

Samsung Plans 45 MW Solar Parks In Romania

South Korea’s Samsung is considering building two solar parks with a total capacity of 45 megawatts in Romania, following the development of similar projects in neighboring Bulgaria, an offi...

Florentina Dragu · 17.10.2012 · 13:41 · 1 min
Romania Wants CEZ, RWE, Iberdrola, GDF Suez Back In Cernavoda Nuke Project
Energy

Romania Wants CEZ, RWE, Iberdrola, GDF Suez Back In Cernavoda Nuke Project

Romania wants to convince energy groups CEZ, RWE, Iberdrola and GDF SUEZ to rejoin the project to build a third and fourth reactor at the country’s sole nuclear power plant in Cernavoda.

Ioana Tudor · 17.10.2012 · 12:10 · 1 min
French Tereos Acquires Ludus Sugar Plant In Romania
Retail&Consumer

French Tereos Acquires Ludus Sugar Plant In Romania

French leading sugar producer Tereos Tuesday said it has acquired Romanian sugar refinery Zaharul Ludus from Sucreries du Marquenterre Group for an undisclosed price.

Florentina Dragu · 16.10.2012 · 14:40 · 1 min
Italy’s IGD Wants To Modernize Its 15 Romanian Shopping Centers For EUR12M
Real Estate

Italy’s IGD Wants To Modernize Its 15 Romanian Shopping Centers For EUR12M

Italian company Immobiliare Grande Distribuzione (IGD) will invest EUR12 million in modernizing the 15 Winmarkt shopping centers it owns in Romania, and plans to sell one of them and an offi...

Ioana Tudor · 15.10.2012 · 17:25 · 1 min
Agriculture Minister Plans Start Of Siret-Baragan Canal Project For 2013
Social/Politics

Agriculture Minister Plans Start Of Siret-Baragan Canal Project For 2013

Romania might start the Siret-Baragan canal project next year, and up to EUR50 million will be needed for starters for land improvements, Agriculture Minister Daniel Constantin said Monday.

Ioana Tudor · 15.10.2012 · 14:41 · 1 min