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Romania Might Not Need Two More Nuclear Reactors – Study
Romania might not need to build two new nuclear reactors at its power plant in Cernavoda because of a multitude of green energy projects and long-term investment plans in the production of c...
Fight Over Control Turns SIF Muntenia Into Most Valuable Of The Five SIFs
The fight between a powerful group of shareholders and the current management of regional investment fund SIF Muntenia (SIF4.RO) over its EUR300 million assets helped its shares preserve the...
ICCO, Lockheed Martin Invest $15M In Renewable Energy Production At Ghimbav
The ICCO group and US company Lockheed Martin on Thursday launched Romania's first private Smart Grid project, in the ICCO Ghimbav Industrial Park in Brasov county, with an investment of $15...
China's Huawei Invested EUR6M In Support Center In Romania
Chinese IT&C equipment producer Huawei invested EUR6 million in a global support center in Bucharest, and the investment will reach EUR200 million by 2015, Vlad Doicaru, deputy general manag...
Romanian Entrepreneurs Open EUR24M Oncology Center In Brasov, Prepare New Project
Five Romanian entrepreneurs have completed an investment worth EUR24 million in a Center for Diagnosis and Oncology Treatment in Brasov, central Romania, which currently employs 100 people.
Hornbach Chooses Profit Over Fast-Paced Development
Hornbach, whose four do-it-yourself stores in Romania bring EUR75 million to EUR80 million in sales each year, will open one more unit in Timisoara this year, following a EUR30 million inves...
Cheapest Stocks On The Bucharest Stock Exchange By P/E Ratio
About 30% of the companies listed on the Bucharest Stock Exchange are trading at a price-to-earnings (P/E) ratio of less than 10, while the P/E of 30% of them is negative, because of the los...
ArcelorMittal Galati Completes EUR8M Investment In New 300T Crane
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Wednesday said it has completed a EUR8 million investment to replace an overhead crane at its steel mill.
CEZ: Investors In Renewable Energy Face Many Obstacles In Romania
Investments in renewable energies are founded on the need to ensure durable development, given that current sources are exhaustible, but the players in this field face a series of obstacles,...