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CEZ Romania Allocates EUR50M Annually For Power Line Upgrades
Energy

CEZ Romania Allocates EUR50M Annually For Power Line Upgrades

Romanian power supplier CEZ Distribution, a unit of Czech utility group CEZ, Wednesday said it has been investing EUR50 million annually for the past six years to upgrade its distribution ne...

Florentina Dragu · 01.08.2012 · 16:04 · 1 min
Energy

This Year’s Deals Show What Romanian Sectors Will Develop: Agriculture, Energy And IT&C

Agriculture, renewable energy and IT&C have been the most attractive sectors for foreign investors this year, which spent several hundreds of millions of euros to enter Romania.

Radu Bostan · 01.08.2012 · 00:00 · 3 min
Foreign Real Estate Investors 1H Inflow To Romanian Units Halves At EUR86M
Real Estate

Foreign Real Estate Investors 1H Inflow To Romanian Units Halves At EUR86M

The inflow of foreign real estate investors to the share capital of their Romanian units halved at EUR86 million in the first half of 2012, compared with EUR150 million during the same perio...

Manuela Panescu · 31.07.2012 · 15:42 · 1 min
Companies

42 Of 100 Largest Companies Of The World Operate In Romania

Four out of ten companies in the top 100 companies of the world ranking compiled by the Fortune Magazine have operations in Romania, but very few of the world’s giants have a manufacturing b...

Radu Bostan · 19.07.2012 · 15:08 · 7 min
Isarescu: Romania Needs More Investments
Banks-Insurance

Isarescu: Romania Needs More Investments

Romanian central bank governor Mugur Isarescu Thursday said the economy needs more investments to fuel growth and stepping up European fund absorption is one way to attract the necessary cap...

Florentina Dragu · 12.07.2012 · 16:01 · 1 min
IFC Acquires 10% In Romania Transport Trade Services For EUR12M
Automotive

IFC Acquires 10% In Romania Transport Trade Services For EUR12M

The International Finance Corporation (IFC), member of the World Bank Group, is acquiring 10% of the share capital of Romanian Transport Trade Services (TTS) for EUR12 million, which will be...

Ecaterina Craciun · 11.07.2012 · 13:08 · 1 min
Property Investment Volumes In Romania Touch 7-Year Low In 1H, At EUR55M
Real Estate

Property Investment Volumes In Romania Touch 7-Year Low In 1H, At EUR55M

Overall commercial property investment volumes in Romania registered a steep decline in the first half of 2012, to a EUR55 million seven-year low, according to consultancy company CBRE.

Manuela Panescu · 10.07.2012 · 15:47 · 1 min
CEZ Revamps Hydropower System In Resita
Energy

CEZ Revamps Hydropower System In Resita

CEZ Romania, a unit of Czech power group CEZ AS, Monday said it started procedures to upgrade its TMK Hydroenergy Power company, which operates several small hydropower plants in the western...

Florentina Dragu · 09.07.2012 · 12:47 · 1 min
Bitdefender: We Might Have A Round Of Investments Next Year
Technology &Telecoms

Bitdefender: We Might Have A Round Of Investments Next Year

Bitdefender, the company created by Florin and Mariuca Talpes, might have a new round of investments next year to get funding for the expansion of its enterprise security solutions business.

Radu Bostan · 05.07.2012 · 13:22 · 1 min