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Investor Who Introduced Nike And Burberry In Romania Tries To Revive Snack Attack
Solomon (Sony) Mordechai, the Greek entrepreneur who has recently put the Burberry brand on Calea Victoriei (downtown Bucharest) is taking a new bet on Romanian market. This time it is about...
Italian Company Invests EUR41M In Clean Energy Production In Cluj
Italian company Romita Energie Verde will build a micro power facility using biomass in Cluj county, northwestern Romania, the Cluj county council said in a press release Wednesday.
Czech Group Develops Office Tower Project In Bucharest
Czech-based S Group Holding has started the construction of an office tower with a lettable area of 27,000 square meters in capital Bucharest.
Bucharest’s Ring Road Left Without Funds After EUR500M Is Spent On Two Less Important Mountain Roads
The Romanian Transport Ministry has spent over EUR470 million on two mountain roads – national roads DN 67C Bengesti-Sebes and DN 2D Focsani Ojdula - with an average daily traffic of 15,000...
All Quiet On The Retail Space Front. Why?
EUR210 million or EUR180 million - that is how much international real estate investors were willing to pay, and did in some cases, for a mall in a city other than Romania’s capital Buchares...
CNADNR Will Cancel Several Investments To Stay Within 2012 Budget Limits
Romania’s Transport Ministry will ask national roads authority CNADNR to cancel several investments and sign additional acts to contracts, so that works to be carried out this year will not...
Farmers Can Get Extra EUR60M In EU Funds To Invest In Irrigation Systems
Romania’s Paying Agency for Rural Development said Tuesday it allotted extra EUR60 million in non-reimbursable funds for investments in irrigation systems.
Egnatia Romania Completes 1.7 MW Photovoltaic Project In Bistrita-Nasaud
Egnatia Romania, supplier of turn-key services for photovoltaic projects, Monday said it finalized the works and connected on the grid the photovoltaic project of 1.7 MW owned by Romanian pr...
Mutual Funds Betting On Euro Attract Wealthiest Retail Investors
Romanians set 5.3 billion (EUR1.2 billion) aside for investments in mutual funds. The richest of them chose euro-denominated mutual funds, while those with less money were more willing to ta...