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Energy

Economy Minister Signs RON150M Contracts For Energy Investments

Romanian Economy Ministry Daniel Chitoiu signed Tuesday two non-reimbursable financing contracts targeting to build a hydroelectricity plant in Arges county, southern Romania, and a cogenera...

Ioana Tudor · 29.05.2012 · 12:12 · 1 min
South Korea’s Hyosung Plans $150M Tire And Airbag Plant In Romania
Automotive

South Korea’s Hyosung Plans $150M Tire And Airbag Plant In Romania

South Korea-based Hyosung Corporation plans to invest nearly $150 million in the construction of a tire and airbag factory in Romania, Romania’s Economy Ministry said Wednesday.

Ecaterina Craciun · 23.05.2012 · 12:15 · 1 min
Alfred Toepfer Continues Investment In Romania With 18,000-Ton Silo
Companies

Alfred Toepfer Continues Investment In Romania With 18,000-Ton Silo

Alfred C. Toepfer International, the second leading agricultural raw materials trader on the Romanian market, with more than EUR400 million in revenues a year, is building an 18,000-ton silo...

Gabriel Razi · 22.05.2012 · 00:00 · 1 min
GDF Suez Energy Romania Wins RON66M Financing For Network Upgrades
Energy

GDF Suez Energy Romania Wins RON66M Financing For Network Upgrades

Romanian Economy Ministry has awarded a 66 million lei (EUR14.8 million) financing to the local unit of French utility GDF Suez for upgrade works at the Bucharest natural gas network, the mi...

Florentina Dragu · 21.05.2012 · 18:11 · 1 min
Banks-Insurance

ING Corporate: We Are Not Complaining About The Lack Of Financing Requests, But They Are Still Few

The corporate sector comes with requests for financing to the bank, most of them eligible, but they tend to focus on cost streamlining and on improving productivity rather than on boosting c...

Radu Bostan · 16.05.2012 · 00:00 · 4 min
MedLife Opens EUR500,000 Thyroid Center In Arad
Health

MedLife Opens EUR500,000 Thyroid Center In Arad

Romanian private healthcare provider MedLife opened Tuesday the first thyroid pathology center within its MedLife Genesys hospital in Arad, western Romania, following an investment of EUR500...

Oana Gavrila · 15.05.2012 · 12:20 · 1 min
Rompetrol Opens Two More Gas Stations In Moldova
Energy

Rompetrol Opens Two More Gas Stations In Moldova

Rompetrol Moldova, member of oil group Rompetrol, has recently opened two more gas stations, extending its network to 47 filling stations countrywide.

Ecaterina Craciun · 15.05.2012 · 11:14 · 1 min
Ford Romania Boss: Craiova Is The Place To Be In Europe Now
Automotive

Ford Romania Boss: Craiova Is The Place To Be In Europe Now

Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the EcoBoost engine, the final step before launching the man...

Radu Bostan · 11.05.2012 · 00:00 · 2 min
Agrofam Wants To Develop Solar Power Project Worth EUR50M In Fetesti
Energy

Agrofam Wants To Develop Solar Power Project Worth EUR50M In Fetesti

Romanian group Agrofam plans to develop a solar power project in southeastern Romania, in partnership with an Austrian company, Agrofam owner Stefan Poienaru told a news conference Thursday.

Ioana Tudor · 10.05.2012 · 16:41 · 1 min