INVESTMENT
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Romania Needs To Advertise Abroad To Raise Funds, Says Deputy FinMin
Romania’s big challenge this year will be to advertise on the international market, so that it would differentiate itself from countries in trouble in the region and borrow at reasonable ter...
Cardinal Motors To Open EUR18M Volkswagen, Audi Dealership In SE Romania
Car dealer Cardinal Motors will open a dealership for car brands Volkswagen and Audi in Valu lui Traian, a locality in southeastern Romania, following an investment of EUR18 million, Ioan Pr...
Epstein Expands Star Foods' Warehouse In Bucharest
Snacks maker Star Foods has started construction of a EUR2.5 million storage unit in southern Bucharest, according to a news release by project designer and constructor Epstein Architecture...
Fund Managers Place Their Bets: Investment Recommendations For 2012
Mutual fund managers expect 2012 to be a much better year for the Bucharest Stock Exchange than 2011, predicting a moderate growth of 15% for the BET index and of 30% for BET-FI. However, th...
Foreign Networks Continue To Expand In Anticipation Of Consumer Spending Rebound
The year 2012 will see investments of tens of millions of euros of foreign supermarket and apparel retail chains continue. It may also be the year when UK’s Tesco arrives, a scenario specula...
Rompetrol To Invest $2.8M In Dragging Works At Midia Port
Romanian Midia Marine Terminal, owned by oil group Rompetrol, will invest some $2.8 million in 2012 for dragging works on the Midia Port berths, in a bid to facilitate oil tanker transit, Ro...
Foreign Realty Investors Brought EUR120M To Romania In First 9 Months
Foreign realty investors contributed EUR120 million, in the first nine months of the year, to the share capitals of companies they own in Romania, compared to EUR395 million in the same inte...
E.ON Gaz Distributie Invested RON180M In Upgrades In 2011
Romania's E.ON Gaz Distributie has invested a total 180 million lei (EUR42 million) this year, mainly in upgrades of its gas network, company general manager Virgil Metea said Thursday.
Flanco Opens 5 Stores In December, In RON14M Invest
Romanian electronics retailer Flanco on Thursday said it has opened five stores in December, following an investment of 14 million lei (EUR3.25 million).