INVESTMENTS
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Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments
Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investme...
Mutual Funds And Romanians' Favorite Investments
Most Romanians who have left their fortunes in the hands of mutual fund managers prefer investments in shares and bonds, but gold is gaining more ground amid fears over the sovereign debt cr...
Oltchim Seeks Loans Worth EUR250M For Investments, Working Capital
Romanian chemical company Oltchim (OLT.RO) plans to take out loans worth a total EUR250 million, to fund investment and working capital, according to its shareholder meeting summoning announ...
Turkish Investment In Romania Tops EUR1.5B - Businessmen
Turkey is the fourth largest foreign investor in Romania, with total businesses exceeding EUR1.5 billion, data from the Turkish Businessmen Association showed Wednesday.
Romania Has Good Growth Potential, Foreign Investors Say
Romania offers good business opportunities and its flat tax rate makes it an attractive destination for investors, the Foreign Investors Council said Tuesday.
Audi Supplier Invests EUR5.5M In Production Expansion
German-held car part producer Preh Romania, a supplier for Volkswagen, Audi or BMW, has planned investments of EUR5.5 million for this year to expand production capacity and acquire new equi...
Udrea Says Investments Underway In Spa Tourism Amount To EUR30M
Investment projects in spa tourism infrastructure currently underway in Romania amount to EUR30 million, Regional Development and Tourism Minister Elena Udrea told a news conference Thursday...
Cosmote Confirms Plans For 3G Network In 900 Mhz Band
Cosmote, the third leading operator on the Romanian cellular telephony market, plans to develop a 3G mobile Internet network in the 900 MHz band, an investment that can reach several tens of...
Dedeman DIY Retailer Has Doubled Store Network, Heads Toward EUR400M Sales
The Dedeman network has gone from 12 to 24 stores over the past two years and a half in the wake of EUR150 million investments, the largest in domestic retail during the crisis.