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Romania Needs Investors And Capital, Not Political Battles For All Europe To See
While USL fights to suspend president Traian Basescu, the leu’s fast depreciation continues, absorption of EU funds is catastrophic and foreign investors are becoming nervous.
Sweden's Usitall Might Invest Up To EUR400M In Two Power Plants In Romania
Swedish waste-to-energy developer Usitall is considering an investment of EUR200-400 million in Romania to build two power plants, in Bucharest and Galati.
Walter Tosto To Invest EUR30M In Nuclear Equipment Plant In Bucharest
Italian oil and gas industrial equipment producer Walter Tosto said Monday it will invest EUR30 million in Bucharest-based nuclear component plant FECNE, which it acquired early this year.
Retailers Invest Another EUR100m In 88 Supermarkets In 1H
Modern retailers have invested about EUR100 million in the first six months of this year to open 88 new stores and one network closed up shop.
AdePlast Invests EUR2.8M In New Polystyrene Plant In S Romania
Romanian building materials producer AdePlast will invest EUR2.8 million in a new polystyrene plant and a new polystyrene storage hall in Ploiesti, southern Romania, the company said in a pr...
Portland Trust Starts EUR70M Office Project In Bucharest
Realty company Portland Trust, one of the major office developers in Romania, will invest around EUR70 million in Bucharest-based Floreasca Park project.
OMV Petrom Restarts Petrobrazi Refinery
Romania’s largest oil company OMV Petrom (SNP.RO) restarted its Petrobrazi refinery after a EUR100 million upgrade investment in its crude vacuum distillation unit, the company said in a sta...
EBRD Might Co-Finance UACE Investment In N Romania
The European Bank for Reconstruction and Development, or EBRD, is considering providing financing of up to EUR25 million to aluminum component manufacturer Universal Alloy Corporation Europe...
Caussade GM: Agribusiness Profits Attract Investors Like Magnet
The investors who had nothing to do with farming three or four years ago are now rushing to start a business in the sector, attracted by the high prices of agricultural raw materials that ge...