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Romania Is Attractive For Wind Energy Investors Because Its Support Scheme Is 55% More Generous Than France’s
Energy

Romania Is Attractive For Wind Energy Investors Because Its Support Scheme Is 55% More Generous Than France’s

Romania is the country where the renewable energy division of Energias de Portugal (EDP), one of the major European energy groups, recorded the highest growths in the last year, with the Por...

Radu Bostan · 15.08.2012 · 00:00 · 3 min
Finance Ministry To Reevaluate 212 Projects Receiving RON36B From Budget
Social/Politics

Finance Ministry To Reevaluate 212 Projects Receiving RON36B From Budget

Romania's Finance Ministry has identified 212 investment projects, which receive a total of 36 billion lei (EUR8 billion) from the state budget but do not observe efficiency requirements, th...

Radu Bostan · 14.08.2012 · 16:01 · 1 min
CEZ Distributie To Upgrade Craiova Transformer Station For EUR5.7M
Energy

CEZ Distributie To Upgrade Craiova Transformer Station For EUR5.7M

CEZ Distributie, part of Czech utilities group CEZ, will invest EUR5.7 million to upgrade the largest transformer station in Craiova, southern Romania.

Radu Bostan · 14.08.2012 · 14:16 · 1 min
Romanian Agriculture After Five Years Of EU Funds: 2.5M-Ton Silos, 9,000 Tractors And 25% More Fertilizer
Social/Politics

Romanian Agriculture After Five Years Of EU Funds: 2.5M-Ton Silos, 9,000 Tractors And 25% More Fertilizer

Romanian farmers have received almost EUR4 billion for investment projects in the six years the EU has been pumping funds into agriculture. But what is the actual impact of these funds on ag...

Radu Bostan · 14.08.2012 · 00:00 · 3 min
Rus Savitar To Invest RON23M In Factory Expansion, With EU Co-Financing
Retail&Consumer

Rus Savitar To Invest RON23M In Factory Expansion, With EU Co-Financing

Romanian furniture maker Rus Savitar will invest 23.5 million lei (EUR5.18 million) to upgrade and expand its upholstered product factory in Timisoara, a project that will receive co-financi...

Radu Bostan · 13.08.2012 · 17:50 · 1 min
Automotive

UACE To Build Aircraft Parts For Export In Maramures, Romania

Aluminum component manufacturer Universal Alloy Corporation Europe (UACE) will build metallic structures for companies such as Airbus, Alenia and Boeing, after developing its production faci...

Radu Bostan · 08.08.2012 · 15:08 · 1 min
Social/Politics

Arad CityHall To Invest EUR10M In UTA Stadium Upgrade

Romanian cityhall of the western Arad town Tuesday said it will invest EUR10 million in upgrading Municipal Stadium "Francisc Neumann," or UTA, by 2015.

Manuela Panescu · 07.08.2012 · 18:07 · 1 min
Romanians Would Rather Pay EUR20,000 Hands Down For A Mercedes ML Than Invest On Stock Exchange
Automotive

Romanians Would Rather Pay EUR20,000 Hands Down For A Mercedes ML Than Invest On Stock Exchange

Entrepreneur Octavian Badescu, who at 36 owns several businesses and has a portfolio of several hundred thousand euros on the Romanian and US stock exchanges, says Romanians tend to avoid th...

Radu Bostan · 03.08.2012 · 00:00 · 1 min
NEPI And Ovidiu Sandor To Develop Office Complex In Cluj-Napoca
Real Estate

NEPI And Ovidiu Sandor To Develop Office Complex In Cluj-Napoca

South African investment fund New Europe Property Investments (NEPI) and Romanian businessman Ovidiu Sandor will develop a 52,000 square meter office complex in Cluj-Napoca, on the site of t...

Radu Bostan · 01.08.2012 · 13:34 · 1 min