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Romania Sticks To Plans For 1,000 MW Tarnita Power Plant
Romania needs to look closer at investors selected for the 1,000 MW Tarnita-Lapustesti hydropower plant that should be finished by 2019, following investments estimated at EUR1,028 billion,...
Global Finance To Start New Real Estate Development In Bucharest
Private equity firm Global Finance plans to start a real estate project this year in Bucharest’s Calea Floreasca area, and to resume development on the Global City Pipera compound.
Transelectrica Launches Transformer Station For Dobrogea Wind Farms
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Wednesday launched the Tariverde transformer station, in Constanta county, which will receive electricity from the wind fa...
GE Real Estate, Helios Phoenix To Invest EUR10M In Two Logistics Parks
US GE Real Estate and Greek Helios Phoenix on Wednesday said they have completed the first phase of a 28,500-sqm logistics park in western Romanian city Timisoara, and they will soon start a...
Bosch Plans To Build New Plant In Romania
German group Bosch plans to build its second factory in Romania, in a greenfield investment, and to expand the other plant, Wednesday said Brigitte Eble, general manager of the group’s Roman...
Metrorex Eyes Mainline Extension For EUR300M
Bucharest subway operator Metrorex wants to add two stations to the M4 line, as well as a terminal hub with a parking lot, dispatcher and bus station, through an investment of about 1.22 bil...
Romanian Total Electric To Invest EUR20.2M In 15-MW Wind Farm
Romanian Total Electric Buzau plans to invest EUR20.2 million in a 15-MW wind farm in southeastern Romania.
FM Logistic Invested EUR15M In New Logistic Platform
FM Logistic, a logistics solutions company, with such clients as Cora, Sanofi-Aventis, Kraft Foods or Coca Cola in its portfolio, has finalized its EUR15 million investment in the logistic p...
Proprietatea Fund Authorized To Invest In NYSE Stock
Romanian investment fund Fondul Proprietatea Wednesday said it has received approval from the securities commission CNVM to invest in companies listed on the New York Stock Exchange.