INVESTMENTS
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OMV Petrom: Romania Needs EUR60B Investment In Oil&Gas Industry
Romania may need financing of up to EUR60 billion to capitalize its oil and natural gas resources, double the amount estimated by the authorities for the entire energy sector by 2030, an off...
Germany’s E.ON To Invest RON350M In Romanian Units In 2012
German utility E.ON plans to invest around 350 million lei (EUR78.4 million) in its Romanian units in 2012, slightly up from RON320 million in the previous year, E.ON Romania said in a state...
Private Equity Investments In Romania Halved To EUR66M In 2011
Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern Europe, after private equity firms halved their invest...
Lebanese Businessmen Eye Investing $100M In Romania’s Tourism, Agriculture, Services
Several Lebanese businessmen plan to invest over $100 million in projects in Romania’s tourism, agriculture and services in the next two years, Lebanese-born businessman Mohammad Murad told...
Alum Tulcea Plans Investments Of $6.8M This Year
Romanian alumina producer Alum Tulcea (BBGA), controlled by the Vimetco group through Alro Slatina, is planning investments worth $6.85 million this year.
Private Pension Administrators To Report On Investments To Regulator Every Week
Romanian private pension fund administrators will be required to send a detailed report on their investments to regulator CSSPP every week, in accordance with two bills that amend current ru...
BNR: Romania FDI Falls To EUR253M In First Two Months
Romanian foreign direct investment, or FDI, fell to EUR253 million in the first two months of 2012 from EUR325 million in the same month a year before, the central bank said Thursday.
Government Extends List Of Priority Projects To 150 Works, Raises Financing To EUR14B
Romania's Government has added expanded the list of priority investments financed by the European Union from 100 to 150 projects, and has raised the total value of financing from around EUR8...
Privatization Money Will Be Wasted Unless Spent On Real Projects
Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be...