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Romgaz To Invest $500M In Geological Surveys Over Next Four Years
Romanian state-run natural gas producer Romgaz will invest some $500 million (EUR372 million) in geological surveys at eight onshore fields leased from the national mineral resources agency,...
Over 11,000 New Jobs And Investments Of EUR1 Billion Announced In First Two Months
Retailers, IT firms, manufacturers of auto parts, outsourcing centers, as well as investors in wind farms have announced they will create over 10,000 jobs this year on the Romanian market, w...
Romania To Fund Investments Yielding Immediate Benefits
State budget funds will be prioritized and directed toward investment projects that can be carried through and bring immediate benefits, while the remaining funds will be earmarked for progr...
Transelectrica Has Maxed Out Its Credit Card
Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned investmen...
Who Keeps Track Of Romanian Entrepreneurs In The Local Economy?
Portuguese-held Martifer, Greek-held Olympus and US-held Delphi in 2011 made the largest greenfield investments in the Romanian economy, according to a ranking supplied by the Economy Minist...
SIF Moldova Proposes Tripling Capital To RON155.7M
Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would d...
Most Active Real Estate Investor Bet EUR250M On Romania During Crisis
The most active real estate investor in the last three years, South-African investment fund NEPI (New Europe Property Investments), bet EUR250 million on Romania at a time when many foreign...
Factors To Watch On Stock Investments: Dividends Can Double Yield, Inflation Can Wipe It Out
In the long term, dividends granted by companies and the erosion in the money value through inflation have as much influence on the real yield of stock exchange investments as their market p...
Tiriac Jr: We’re Strongly Committed To Agriculture Investment And Seek At Least 2,000 Ha More
Ion Alexandru Tiriac, son of Romanian billionaire Ion Tiriac, says he wants to expand the activity of Tiriac Holdings to new sectors which are recording significant increases, such as the ag...