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Fomco Solar Systems Opens Photovoltaic Park In Central Romania, After EUR4.5M Investment
Energy

Fomco Solar Systems Opens Photovoltaic Park In Central Romania, After EUR4.5M Investment

Romania’s Fomco Solar Systems opened Friday the first photovoltaic park in the central county of Mures, in a EUR4.5 million investment.

Manuela Panescu · 12.10.2012 · 17:04 · 1 min
CEZ: Romania Must Include Investments In Energy Tariffs
Energy

CEZ: Romania Must Include Investments In Energy Tariffs

Romanian energy regulator ANRE does not consider all investments made by energy suppliers when setting tariffs, so company shareholders almost contribute money from their own pocket to finan...

Ioana Tudor · 10.10.2012 · 11:56 · 1 min
Popovici Nitu: Half Of Wind Power Projects To Fail, Developers Desperately Seeking Buyers
Energy

Popovici Nitu: Half Of Wind Power Projects To Fail, Developers Desperately Seeking Buyers

The wind power, a business consultants and investors have made millions of euros from in recent years is about to slow down abruptly and the outcome looks much like what happened in real est...

Tudor Ioana Raluca · 10.10.2012 · 00:00 · 3 min
Romanian Companies Try To Qualify To World Football Championships In Qatar And Brazil
Social/Politics

Romanian Companies Try To Qualify To World Football Championships In Qatar And Brazil

Romanian entrepreneurs are trying to get a slice of the tens of billions of euros invested in preparation of the sports competitions to be organized throughout the world, after having notice...

Tudor Ioana Raluca · 10.10.2012 · 00:00 · 2 min
Romania To Become Leader Of Wind Farms
Energy

Romania To Become Leader Of Wind Farms

Romania will boast the largest onshore wind farm in Europe at the end of 2012, after Czech-based CEZ has announced it would finish works on its EUR1 billion investment in Fantanele and Cogea...

Tudor Ioana Raluca · 10.10.2012 · 00:00 · 1 min
Selgros To Open New Stores In Romania In Next Years, Invest EUR20M In Solar Panels
Retail&Consumer

Selgros To Open New Stores In Romania In Next Years, Invest EUR20M In Solar Panels

Selgros Cash&Carry plans to open up to three new stores in Romania in the next three years and equip 11 stores in the southern part of the country with solar panels of over EUR20 million.

Ioana Tudor · 09.10.2012 · 14:51 · 1 min
Transelectrica To Upgrade Power Station For EUR5M
Energy

Transelectrica To Upgrade Power Station For EUR5M

Romanian power grid operator Transelectrica (TEL.RO) will invest 22.6 million lei (about EUR5 million) in upgrading a power station.

Ioana Tudor · 08.10.2012 · 17:37 · 1 min
Petrom: Romania Needs Annual Investments Of EUR3-4B To Reduce Dependence On Energy Imports
Energy

Petrom: Romania Needs Annual Investments Of EUR3-4B To Reduce Dependence On Energy Imports

Romania needs annual investments of EUR3 to EUR4 billion by 2030 to ensure its independence from energy imports, Mariana Gheorghe, Chief Executive Officer of leading oil company OMV Petrom (...

Ioana Tudor · 07.10.2012 · 12:32 · 1 min
Italian Nusco To Construct EUR17M Office Building In Bucharest
Real Estate

Italian Nusco To Construct EUR17M Office Building In Bucharest

Michele Nusco, CEO and one of the shareholders of Italian group Nusco, said the company will start the construction of a new office building in capital Bucharest at the end of the year.

Tudor Ioana Raluca · 05.10.2012 · 00:00 · 1 min