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Romania In Advanced Negotiations With Investors To Replace Nokia
Romania is in advanced negotiations with ten companies to attract investments in Cluj county and compensate the losses resulting from the closing of Nokia's factory at Jucu, Andreea Paul-Vas...
ArcelorMittal Galati Could Boost Sales By EUR500M Following EUR80M Investment
ArcelorMittal Galati, the largest steel plant in Romania, controlled by Indian billionaire Lakshmi Mittal, will complete a EUR80 million investment in upgrading a furnace next month, which w...
Boc To Coordinate Center For Foreign Investments Support
Romanian Prime Minister Emil Boc told ministers Wednesday he will take over the coordination of the center aimed to promote commerce and foreign investments.
Kirchhoff Automotive To Invest EUR15M In Romanian Car Part Plant
German car part producer Kirchhoff Automotive will invest EUR15 million to build a plant on the industrial platform in Craiova, southern Romania, which will be staffed initially by 200 emplo...
Germany's Continental, Draexlmaier Want To Invest Almost EUR170M In Romania
German car part producers Continental and Draexlmaier want to expand their Romanian operations, through short- and medium-term investments in production, with a combined value of almost EUR1...
Transport Ministry Wants To Upgrade Three Road Sections For About EUR65M
Romania’s Transport Ministry wants to upgrade three national road sections in southeastern Romania, and the investment is estimated at 272.14 million lei (about EUR64.8 million), VAT include...
Romania’s Top Five Retailers Invested EUR150M In Expansion By September
The top five investors in modern retail have spent about EUR150 million in the opening of stores on the Romanian market this year, according to ZF estimations based on company information. I...
Ministries May OK Projects Of Up To EUR12M Without Government Approval - Bill
Romanian ministries and other institutions managing funds will be allowed to approve investment projects whose value do not exceed 50 million lei (EUR11.7 million) without the approval of th...
CFR SA Received 8 Offers For EUR206M Line Modernization Contract
Romanian railway administrator CFR SA has received offers from six consortiums and two companies for the modernization of a 31.5 km segment, between Vintu de Jos and Coslariu, Alba county, t...