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INVESTMENT

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Retail&Consumer

Cora Opens Hypermarket In City Park Constanta, With EUR4.5M Investment

Retailer Cora launched Thursday a new hypermarket in southeastern Romanian city Constanta, in the City Park mall, following an investment of EUR4.5 million.

Andrei Cîrchelan · 28.07.2011 · 12:45 · 1 min
Health

Romgermed To Invest EUR20M In New Bucharest Hospital

Romanian private healthcare provider Romgermed will invest EUR20 million in a new hospital that will open in Bucharest next year, a company official said Friday.

Florentina Dragu · 22.07.2011 · 15:29 · 1 min
Energy

Rompetrol Looks To Western Europe For Expansion - CEO

Oil group Rompetrol plans to expand its operations to Western Europe, after completing the investment it is currently unfolding to boost refining capacity at its Petromidia refining unit, th...

Andrei Cîrchelan · 19.07.2011 · 14:14 · 1 min
Energy

Rompetrol To Invest $100M In Thermal Power Plant

Oil group Rompetrol plans to invest some $100 million in a themal power plant that would supply the Petromidia refinery with heating and electricity, chief executive officer Saduokhas Merali...

Andrei Cîrchelan · 19.07.2011 · 13:14 · 1 min
Rompetrol Rafinare Starts Final Phase Of Capacity Boost At Petromidia
Energy

Rompetrol Rafinare Starts Final Phase Of Capacity Boost At Petromidia

Romanian oil company Rompetrol Rafinare (RRC.RO), part of Rompetrol group, Tuesday said it has started the final phase of a project meant to increase crude processing capacity at the Petromi...

Carol Dan - Mediafax · 19.07.2011 · 11:43 · 1 min
Energy

Hanalei Eyes Renewable Energy Projects Worth EUR35M In Romania

French investment fund Hanalei Finance will start construction on several renewable energy units in Romania, most likely in 2012, with an overall investment of EUR35 million, company officia...

Andrei Cîrchelan · 15.07.2011 · 17:26 · 1 min
Penny Market To Invest EUR45M In 13 New Stores By Year-end
Retail&Consumer

Penny Market To Invest EUR45M In 13 New Stores By Year-end

German discount retailer Rewe plans to invest over EUR45 million to upgrade and expand its Penny Market network in Romania, with 13 new stores due for opening by year-end, Penny Market said...

Florentina Dragu · 13.07.2011 · 19:43 · 1 min
Automotive

Romania Estimates To Pay Nearly EUR2B To Upgrade 165 Km Of Railway

Romania estimates it will pay about 8.22 billion lei (EUR1.95 billion), including VAT, to upgrade the 165-kilometer railway on the route Simeria-Coslariu-Sighisoara, in the country’s central...

Oana Gavrila · 13.07.2011 · 13:16 · 1 min
Energy

Thermal Power Producer Craiova Files For EU Funds Worth RON105M

Romanian state-owned thermal power producer CE Craiova signed last week an EU funding contract for 105 million lei (EUR24.84 million), to finance desulphurization works.

Andrei Cîrchelan · 11.07.2011 · 17:51 · 1 min