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ExxonMobil To Invest $1.2B In Oil Drilling At Romanian Black Sea Block
ExxonMobil Exploration and Production Romania, the local unit of US giant ExxonMobil, plans to invest up to $1.23 billion over the next two years in drilling works at a Black Sea offshore pe...
Hidroelectrica Upgrades Romanian Sluice Of Power Station Portile de Fier For RON236M
Romania’s hydropower producer Hidroelectrica upgraded the Romanian sluice of power station Portile de Fier to streamline navigation on the Danube River, the company said in a press release W...
BMW Is Considering Romania For A Future Car Plant
BMW is considering Romania for the construction of a new car manufacturing plant in Eastern Europe, with the first on its list being the Romanian city of Lugoj, according to city hall offici...
First Malls Ever Opened In Romania Get An Extension
Bucuresti Mall and Plaza Romania, the first modern malls built in Bucharest will go through a new development phase and get a 20% lettable area extension.
Verbund: Romania Doesn’t Offer Best Conditions For Renewable Energy Investments
Romania does not currently offer the best conditions for investments in renewable energy, due to delays of state-owned companies in building energy production units and political instability...
AFI Invests EUR25M In Second Office Building In Bucharest
AFI Europe, the owner of the AFI Palace Cotroceni Bucharest, will start a EUR25 million investment in the second office building of the AFI Business Park.
Sika Ponders Whether To Buy Plant Or Build It From Scratch
Romanian subsidiary of chemical Swiss producer Sika intends to expand its operations either through a takeover or a greenfield investment, after boosting its turnover 30-fold in its ten-year...
Rompetrol Completes $380M Upgrade Of Petromidia Refinery
Romania’s second-largest oil group Rompetrol, a unit of Kazakh KazMunayGas, Thursday said it has completed a six-year upgrading process at its Petromidia refinery that will increase processi...
Emerson Invests EUR50M In New Facilities NW Romania
Emerson Romania, the local unit of US Emerson group, will invest EUR50 million in Euro Business industrial park in the northwestern town of Oradea, targeting the construction of production,...