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Liviu Tudor Invests EUR58M In Bucharest’s Largest Private Campus
Businessman Liviu Tudor, the biggest office space owner in Romania, has completed a EUR58 million investment in the largest privately-owned campus in capital city Bucharest, which consists o...
Remote Villages To Be Electrified By 2016, Costs Estimated At Over RON1B
Romania’s rural electrification program, targeting to provide electricity to households in 2,240 remote villages, will be carried out between 2012 and 2016 and will entail investments of ove...
Government Cuts Investments To Boost Social Spending In Budget Revision
The government increased personnel spending by 1.1 billion lei (EUR0.25 billion) in the budget revision but cut investment expenses financed by the budget and European funds by RON2 billion.
E.ON Moldova Upgrades 26 Transformers For RON44.3M
Romanian energy firm E.ON Moldova, a unit of Germany’s utility E.ON, will invest 44.3 million lei (some EUR10 million) to upgrade 26 transformer stations of its local network, the company sa...
ATP Exodus To Invest EUR25M In Auto Center In Oradea
Car dealer ATP Exodus said Tuesday it will invest EUR2.5 million in an auto center for the Mercedes-Benz and Mazda brands in Oradea, northwestern Romania.
Hidroelectrica To Complete First Hydropower Production Group Within EUR50M Project
Romanian insolvent power producer Hidroelectrica on Tuesday said it will finalize the first hydropower production group within a more ample hydropower development project worth over EUR500 m...
Belgium's Electrawinds To Build 100 MW Wind Park In SE Romania
Belgian company Electrawinds will build a 100 MW wind power park in Harsova, Constanta county, its second such project on the Romanian market.
AFI Europe Romania Gets Permit To Build Hypermarket, DIY Store In Arad
Real estate developer AFI Europe Romania on Monday said it received the permit needed to build a hypermarket and a do-it-yourself store within the retail park it plans to develop in Arad, we...
Romania OKs RON85M Project To Develop Business Center In Giurgiu County
Romania's Regional Development Ministry has signed a financing contract to develop a business center in Calugareni, Giurgiu county, with EU cofinancing.