INVESTMENTS
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Government Failed To Help Economy With Capital Expenditures During Recession Years
Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of thi...
Got A Company For Sale? He Is The Biggest Collector On The Bourse
Businessman Catalin Chelu has been the most dynamic investor on the bourse over the past year, being involved in some of the most important deals carried out on RASDAQ and on the main market...
Analysts Recommend Leu Investments, Despite Greek-Fueled Pressures
Events in Greece, a country which European leaders are struggling to save from bankruptcy, are moving the leu/euro exchange rate quite strongly.
Transgaz Overshoots 2011 Budget
The management of Transgaz Medias (TGN.RO) admits that budget projections for 2011, which included a profit at one third of 2010 level and falling revenues, are not quite in line with realit...
CEZ Romania To Invest EUR30M In Hydro-Plant Upgrades
CEZ Romania, the local unit of Czech utilities group CEZ, will invest EUR29.9 million in the rehabilitation of micro-hydropower plants bought last year from smelter TMK-Resita.
Citi: Leu Propped Up By Financial Investments
The inflows of foreign capital on the Romanian market that led to the recent appreciation of the leu are the result of some financial investments based on yield and risk assessments compared...
INS: Romania 1Q Net Investment -3% On Year To RON9.8B
Romanian net investments fell 2.9% to 9.8 billion lei (EUR2.37 billion) in the first quarter from the year-earlier period, due to falling activity in most sectors, the country’s statistics i...
Romania's Biggest Mutual Fund Gains EUR25,000/day From Deposits
BCR Monetar (a money market fund), the biggest mutual fund on the Romanian market managed by Erste Asset Management, posted revenue of over 107,000 lei (EUR25,500) a day since the beginning...
Boagiu Pledges Romania Will Have 845 Km Of Highway In A Few Years
Romania will have 845 km of highway in a few years, compared to its current 313 km, following investments of EUR5.17 billion, Transport Minister Anca Boagiu said Friday.