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Bergenbier Completes EUR200,000 Investment In Biogas Station
Romanian beer maker Bergenbier, part of the StarBev group, has launched a thermal power production unit at the Ploiesti plant, following an investment of EUR200,000 aimed at reducing natural...
GlaxoSmithKline Completes $7M Investment At Brasov Plant
UK medicine maker GlaxoSmithKline (GSK) on Tuesday announced it has completed a $7 million investment in two production lines at the plant it owns in central Romanian city of Brasov..
How Can The Government Prevent Renewable Energy Investors From “Exporting” The EUR10B Support Scheme?
The Romanian government will provide over EUR10 billion through a support scheme for green energy projects, but has no certainty that this money, which will be paid through individuals’ and...
Transelectrica Scrambles To Fund Power Grid Upgrade For Wind Farm Inclusion
Linking wind farms to the national power grid requires an investment of more than EUR500 million, and state-owned Transelectrica (TEL.RO), the grid’s operator, lacks the funds, which means s...
IMF: Investments, Healthcare, Arrears Remain Main Challenges For Romanian Authorities
Carrying out public investments, reforming the healthcare system and reducing arrears are the Romanian authorities' main challenges, said IMF mission chief Jeffrey Franks on Monday.
Consultant To Start Looking For Posta Romana Investor In December
Romania's Ministry of Communications will select a consultant, who in December will begin looking for a strategic investor to take over a stake of up to 33% in the national postal company Po...
DEGI Titan Invests EUR10M In Upgrades At Iris Titan Shopping Center In Bucharest
DEGI Titan, owned by Aberdeen Immobilien, has invested EUR10 million over the past 10 months in upgrades at Bucharest’s Iris Titan Shopping Center.
Czech CEZ To Invest EUR3B In Renewable Energy By 2013
Czech utilities company CEZ, which entered Romania in 2005 when it bought Electrica Oltenia from the government and earmarked EUR1.1 billion to build Europe’s largest wind farm in Dobrogea (...
Entrepreneurs Still Cling To Pre-Crisis Prices, Say Investment Bankers
Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and...