INVESTMENTS
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Transport Minister: Failure To Prioritize Infrastructure Investments Brings Poor Results Despite Spending
Transport and Infrastructure Minister Alexandru Nazare, appointed to this position almost two months ago, told Ziarul Financiar in an interview that the billions of euros spent on infrastruc...
Renault Investments In Romania To Top EUR2B By Year-End
Investments of French carmaker Renault in Romania will exceed EUR2 billion this year, after Dacia’s owner pumped some EUR1.63 billion on the local market between 2000 and 2010, Wednesday sai...
EU To Fund EUR30.1M Projects Via Romania- Serbia IPA Cross-border Cooperation Program
The committee monitoring the Romania – Republic of Serbia Cross-border Cooperation program has approved 45 projects worth EUR30.1 million, which will be financed from European Union funds un...
UTI Group To Invest EUR50M In Local, Foreign Acquisitions
Romanian group UTI will invest EUR50 million over the next two years to buy several local and foreign companies involved in security, IT, traffic management, construction and facility manage...
Wind Power Investment Plans Exceed Capacity Of All Other Types Of Power Plants In Romania
The data published by national grid company Transelectrica on Wednesday show that wind power projects with a capacity of over 10,450 MW have grid connection contracts signed at the moment, w...
EBRD Ready To Invest Up To EUR500M Annually In Romania
The European Bank for Reconstruction and Development estimates it will invest EUR400 million to EUR500 million a year in Romanian projects over the next three years, according to the bank’s...
Transelectrica To Invest RON1.1B In Network Expansion In 2012-2014
Romanian state-run power grid operator Transelectrica (TEL.RO) plans to invest over 1.1 billion lei (EUR250 million) between 2012 and 2014 to extend its network and build new units, the comp...
Farmexpert Reports 12% Increase In 2011 Turnover, Keeps Up Investments
Pharmaceutical distributor Farmexpert controlled by Germany’s ANZAG, reported a 12% increase in last year’s turnover to nearly 1.71 billion lei (EUR393 million), according to ZF’s calculatio...
Net Investments In Romania Economy Rise 22% On Year To RON24.8B In 4Q/2011
Romanian net investments rose 22.1% to 24.87 billion lei (EUR5.7 billion) in the fourth quarter of 2011 from the year-earlier period, on increasing activity across the board, the country’s s...