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Orange Executive VP Confirms Plans To Bid In Spectrum Auction
If Romania’s economy grows by 3% or 4% this year, the telecom market will stabilize, says Benoit Scheen, executive vice-president of Orange, in charge of the French group’s operations on all...
Romgermed To Open Bucharest Hospital By End-2012. Sales Seen At EUR1M In First Year
Romanian private healthcare provider Romgermed estimates the 200-bed hospital it will open in Bucharest by the end of the year will generate turnover of EUR1 million in its first year of ope...
Bosch To Invest EUR43M To Expand Production Facility In C Romania
German conglomerate Bosch will invest about EUR43 million by the end of 2013 to expand its production facility in Blaj, central Romania, and buy new production equipment, the company said in...
Romania Saw EUR1B Worth Of M&A Deals In 2011
Transactions worth almost EUR1 billion were sealed last year on the Romanian market, down from the almost EUR7 billion recorded in 2005 and close to the 2010 level, according to data of Raif...
Felinvest Resumes Project In NW Romania, With EUR7M Initial Investment
Romanian realty developer Felinvest (FEL.RO) on Tuesday announced it has resumed construction on a real estate project in northwestern city Cluj, with an investment of EUR7 million.
Fertilizers Distributor Comfert Bacau Wants To Invest In Cattle Breeding
Comfert Bacau, a top-ten fertilizers and pesticides distributor, with turnover of almost EUR90 million in 2011, wants to start off on several production projects by the end of the year.
Romania Boasts Seventh Largest Investments In Wind Power In EU
Romania has become the seventh largest country in the European Union and leader in the region in terms of wind farm investments made last year.
Alro Completes $77M Energy Efficiency Program
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it has concluded a six-year program to increase energy efficiency, following total investments...
Arctic To Widen Production At Gaesti Plant
Romanian household appliance maker Arctic, owned by Turkish group Arcelik, will build a new production line, which would boost exports, the Romanian government said Friday in a news release.