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Government Pledges To Provide Electricity To All Remote Villages, Estimates Costs At EUR226M
The Romanian Government pledges again to provide electricity to all households and remote villages countrywide, and has extended the rural electrification program until 2016.
Renault Has Invested Over EUR35M In Romanian Staff Training Since 2000
French group Renault, owner of Romanian carmaker Dacia, said in a press release Monday it has invested over EUR35 million in Romanian staff training since 2000.
Novotel Seeks To Boost Number Of Events Hosted, Build Three More Conference Rooms
French executive Stephane Barbazan, the new manager of four-star hotel Novotel on Calea Victoriei in downtown Bucharest says in his first interview with the media that one of the main avenue...
Schlumberger Ploiesti Service Base To Operate As Hub For All Eastern European Markets
Schlumberger group, the world’s largest provider of services for the oil and gas industry, has chosen Ploiesti (southern Romania) for a world class facility staffed by 170 people and set to...
Romanian Developer Builds Industrial Park Near Ford's Craiova Plant
Developer Independenta SA will construct an industrial park in Craiova, southern Romania, and the investment, worth over EUR17 million, will create some 350 new jobs.
Overview Of Works On Four EUR400M Shopping Centers In Bucharest
Shopping center developers continue investments in Bucharest, with intensive work recorded on three of the city’s construction sites, where cumulated investments are worth around EUR150 mill...
Alumil Seeks Loans Of EUR8M For Investments, Working Capital
Romanian aluminum systems maker Alumil Rom Industry Bucuresti (ALU.RO) plans to apply for loans worth a total EUR8 million, including EUR5 million to finance investments and the rest for wor...
Monsanto Plans To Invest EUR40M In Romania
US agricultural seeds producer Monsanto, a giant with $11 billion (EUR8.4 billion) in turnover worldwide and one of the world’s most controversial companies, will invest $50 million (around...
Auchan To Invest EUR55M In Coresi Retail Project In Brasov
French retail group Auchan will invest between EUR55 million and EUR60 million in the development of the Coresi retail project in central Romanian city Brasov.