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Biogas Nord To Build Power Plant In Romania For EUR6.6M
Energy

Biogas Nord To Build Power Plant In Romania For EUR6.6M

German company Biogas Nord will build a 3 MW biogas-fueled power plant in Satu Mare county, northwestern Romania, in a EUR6.6 million investment.

Radu Bostan · 31.07.2012 · 13:35 · 1 min
China Huadian To Invest Over $1B In New Power Plant At Rovinari
Energy

China Huadian To Invest Over $1B In New Power Plant At Rovinari

China Huadian Engineering will invest over $1 billion in the construction of a power plant with a capacity of at least 500 MW at Romanian state-owned thermal power producer CE Rovinari, the...

Manuela Panescu · 25.07.2012 · 12:10 · 1 min
Star Storage To Invest EUR4M In Data Center In Tetarom Industrial Park
Technology &Telecoms

Star Storage To Invest EUR4M In Data Center In Tetarom Industrial Park

Romanian storage, archival and information management services provider Star Storage will invest EUR4 million to open a data center in the Tetarom 3 Industrial Park in Jucu, Cluj county, ser...

Radu Bostan · 24.07.2012 · 14:20 · 1 min
JTI Invests EUR25M To Expand Romanian Plant
Retail&Consumer

JTI Invests EUR25M To Expand Romanian Plant

Cigarette producer Japan Tobacco International (JTI) has invested EUR25 million to expand its plant in Romania’s capital Bucharest.

Ecaterina Craciun · 17.07.2012 · 14:42 · 1 min
Mihailescu, TTS: In 3-4 Years We Will List The Company On The Stock Exchange
Companies

Mihailescu, TTS: In 3-4 Years We Will List The Company On The Stock Exchange

Mircea Mihailescu, majority shareholder of Transport Trade Services (TTS), in which the investment division of the World Bank recently became a shareholder through a EUR12 million investment...

Mirabela Tiron · 16.07.2012 · 00:00 · 3 min
Turkey’s Kastamonu Opens Factory In Northern Romania For EUR150M
Real Estate

Turkey’s Kastamonu Opens Factory In Northern Romania For EUR150M

Kastamonu Romania will open in July a fiberboard factory in the northern town of Reghin, following a EUR150 million investment.

Manuela Panescu · 12.07.2012 · 13:34 · 1 min
IFC’s Buying Of Stake In Transport Trade Services Brings To Light The Latter’s Value
Companies

IFC’s Buying Of Stake In Transport Trade Services Brings To Light The Latter’s Value

The private equity investment in Romanian Transport Trade Services (TTS) by International Finance Corporation - the investment division of the World Bank – brings to light the value of the l...

Mirabela Tiron · 12.07.2012 · 00:00 · 1 min
Eureko Calls It Quits After EUR30m Losses In Eight Years In Romania
Banks-Insurance

Eureko Calls It Quits After EUR30m Losses In Eight Years In Romania

Insurance giant Eureko plans to leave Romania early next year after having invested tens of millions of euros in its local subsidiary to offset its losses year after year, sources in the ind...

Radu Bostan · 11.07.2012 · 00:00 · 2 min
Turkey's Kastamonu Sees EUR150m Investment In Reghin As Bridgehead Into The Region
Companies

Turkey's Kastamonu Sees EUR150m Investment In Reghin As Bridgehead Into The Region

Kastamonu Romania (the former Prolemn) in Reghin (central Romania), controlled by Kastamonu Entegre, one of the leading wood processing companies in Turkey, will complete a EUR150 million in...

Radu Bostan · 10.07.2012 · 00:00 · 1 min