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Kaufland Starts EUR8M Investment In Ploiesti Shopping Center
German retailer Kaufland will invest over EUR8 million in a new hypermarket and shopping center in Ploiesti, some 60 kilometers of capital Bucharest, officials of Kaufland Romania said Wedne...
Wind Farm Capacity Seen Doubling To 1,000 MW By Yearend
Romania’s installed wind power capacity might reach 1,000 MW by the end of the year, double the level seen in December 2010, despite investor walkouts based on “the legislative chaos”, wind...
Mega Image To Invest EUR50M In Romania By Yearend
Retailer Mega Image planned total investments of EUR50 million in Romania this year, to open a warehouse and launch 23 stores, of which 8 have already been opened since January.
Nova Imobiliare Invests EUR42M In Retail Project Near Bucharest
British-owned Nova Imobiliare on Thursday said it will invest EUR42 million in the first phase of the Colosseum retail project outside Bucharest, which will be opened in fall this year.
Soceram Breaks Ground On EUR20M Plant In Roman
Construction materials maker Soceram started construction of an autoclaved aerated concrete plant in northeastern town Roman, in a project worth EUR20 million and set for completion in summe...
Kosarom To Invest EUR15M In Swine Farm
Romanian group Kosarom will invest EUR15 million in the Suinprod swine farm in Roman, which will be relaunched early next year, group owner Neculai Apostol said Wednesday.
Mechel Completes $50M Investment At Otelu Rosu Steel Plant
Russian steel group Mechel on Tuesday announced it has completed investment worth a total $48.7 million in upgrades at its plant in Otelu Rosu, southwest Romania.
UniCredit: No Need For Full Ownership At Romanian Unit
Italian lender UniCredit is not planning any changes in the shareholding structure at UniCredit Tiriac Bank, where Romanian businessman Ion Tiriac holds 45%, UniCredit general manager Robert...
Electrocentrale Deva Seeks Contractors For RON85.5M Eco-Works
Romanian electricity producer Electrocentrale Deva, a subunit of state-owned Termoelectrica, plans to invest 85.5 million lei (EUR20.7 million) in environment works.