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voestalpine To Finish Construction Of EUR20M Steel Mill In Giurgiu This Summer
Austrian group voestalpine will finish construction works on a steel mill in Giurgiu (southern Romania) this summer, following an investment of about EUR20 million.
Tenaris Group Completes $60M Investment In Zalau
Oil pipe maker Tenaris has completed a $60 million investment in a production unit in Zalau, Salaj county, and will finish another project in Romania, worth $50 million.
Profi Opens One More Store, Extends Network To 121 Units
Romanian retailer Profi, held by investment fund Enterprise Investors, Thursday said it has opened one more store, in the southern town of Craiova, extending its local network to 121 units.
Orange Romania Invested EUR110M In 2011 In Extending 3G Coverage
Mobile operator Orange Romania invested EUR110 million last year in extending its 3G coverage, which increased from 55% to 98% of the country’s population, Orange Romania CEO Jean-Francois F...
Aerostar Bacau Invests RON22M In New Production Unit
Plane construction and repair firm Aerostar Bacau (ARS.RO) has started work on building a new production facility in which it plans to invest 22 million lei (EUR4.9 million), of which RON8.7...
Hornbach Invested Almost EUR150M In Romania In Five Years On The Market
German DIY retail chain Hornbach has invested EUR148.3 million in Romania in its five years on this market, directing the funds toward the five stores, employee training and the construction...
Romania Signs RON180M Contract To Upgrade Transelectrica Station
Romanian Economy Minister Daniel Chitoiu on Tuesday signed a contract for non-refundable financing for a project to upgrade a station run by national power grid operator Transelectrica, thro...
Alfredo To Invest EUR6M In Production Facility Near Bucharest
Romanian food distributor Alfredo will invest more than EUR6 million in a production, storage and packaging facility in Afumati, Ilfov county, Tuesday said Cristian Darmanescu, one of the co...
Energy Investments Are Stuck Because Romanian State Does Not See Sector As Priority - Report
Private investment into energy production is in deadlock in Romania because reforms in this sector ceased in 2004 and the Government does not consider energy an essential infrastructure comp...