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INVESTMENTS

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Investments, Consumption to Cushion Economic Downturn in 2020 – Finance Minister
Macroeconomics

Investments, Consumption to Cushion Economic Downturn in 2020 – Finance Minister

Romania's government has invested RON16.1 billion in the country's economy in the first six months and investments and consumption are excepted to cushion this year's economic downturn and l...

Oana Gavrila · 14.07.2020 · 11:01 · 1 min
EFSI Mobilized EUR514B In Additional Investment Across The EU Since July 2015
Companies

EFSI Mobilized EUR514B In Additional Investment Across The EU Since July 2015

The European Fund for Strategic Investments (EFSI) has mobilized EUR514 billion in additional investment across the EU since July 2015 -- reaching its target half a year before the end of th...

Ecaterina Craciun · 02.07.2020 · 20:52 · 4 min
E.ON Invested EUR1.7B in Romania Network Upgrades by End-2019
Energy

E.ON Invested EUR1.7B in Romania Network Upgrades by End-2019

German utility group E.ON, operating in Romania via Delgaz Grid and E.ON Energie Romania, has invested EUR1.7 billion on the local market in the past 15 years to upgrade distribution network...

Oana Gavrila · 30.06.2020 · 11:34 · 1 min
Hidroelectrica To Invest RON26B in Next Five Years
Energy

Hidroelectrica To Invest RON26B in Next Five Years

Romanian state-owned hydropower producer Hidroelectrica received approval for a RON26 billion five-year investment plan in Monday's shareholders' meeting.

Oana Gavrila · 16.06.2020 · 10:12 · 1 min
Romanian Government Plans EUR40B Investments in Road and Railroad Infrastructure
Social/Politics

Romanian Government Plans EUR40B Investments in Road and Railroad Infrastructure

Romania's government is planning investments amounting to around EUR40 billion in road and railway transport infrastructure, prime minister Ludovic Orban said during a video conference Thurs...

Oana Gavrila · 11.06.2020 · 16:08 · 1 min
GTC Invests Over EUR70,000 In Its Bucharest Office Buildings Amid Coronavirus Containment Measures
Real Estate

GTC Invests Over EUR70,000 In Its Bucharest Office Buildings Amid Coronavirus Containment Measures

GTC (Global Trade Center) has allotted over EUR70,000 to five projects it owns in capital Bucharest, against the backdrop of measures imposed by authorities and mutually agreed with tenants,...

Ecaterina Craciun · 09.06.2020 · 12:49 · 1 min
Kearney: M&A Market Offers Opportunities In Post-Pandemic Period; To Be Active In 2020
Companies

Kearney: M&A Market Offers Opportunities In Post-Pandemic Period; To Be Active In 2020

Seven in ten executives on the international retail and fast-moving consumer goods (FMCG) market believe the present moment is good for mergers and acquisitions (M&A) in this field, consider...

Ecaterina Craciun · 26.05.2020 · 14:11 · 2 min
E.ON’s Delgaz Grid Plans To Invest RON1.9B In Infrastructure Upgrades In Next Two Years
Companies

E.ON’s Delgaz Grid Plans To Invest RON1.9B In Infrastructure Upgrades In Next Two Years

Delgaz Grid, E.ON's natural gas and electricity distribution company in Romania, plansto invest RON1.9 billion until 2023 in upgrades to the networks it operates on the local market.

Ecaterina Craciun · 25.05.2020 · 11:14 · 1 min
CEZ Romania Invests EUR59M In Electricity Distribution Division Distributie Oltenia
Companies

CEZ Romania Invests EUR59M In Electricity Distribution Division Distributie Oltenia

CEZ Romania, part of Czech-held utility group CEZ, has attracted funds worth EUR59 million from financing from own sources and co-financing from European funds in order to continue investmen...

Ecaterina Craciun · 22.05.2020 · 18:53 · 1 min