INVESTMENTS
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OMV Petrom: Legislative Environment Fails To Provide Necessary Premises For Black Sea Investment Decision
The current legislative environment does not provide the necessary prerequisites for a multi-billion investment decision regarding Neptun Deep natural gas perimeter, OMV Petrom said Wednesda...
Amerocap Evaluating Investments in Port of Constanta
Amerocap, a US-based investment firm, which supported Chimcomplex’s acquisition of Oltchim assets, is seeking expansion of its own private equity investment activity and evaluating investmen...
Hidroelectrica Seeks New Managers, Plans Investments of RON5.5B Until 2023
Romanian state-owned hydropower producer Hidroelectrica will be appointing new managers in January 2019, as current supervisory board members' mandates are set to expire on January 21.
Chimcomplex Plans to Invest EUR115M, Sees EUR1B Turnover in Five Years
Romanian chemical producer Chimcomplex Borzesti plans to invest EUR115 million on its platforms in Valcea and Borzesti and estimates its turnover will top EUR1 billion in five years.
EIB: Only 68% Of Romanian Firms Invested In Last Financial Year Vs 87% EU-Wide
Investment gaps in Romania are prevalent despite the strong – but mainly consumption driven – growth in recent years, and the investment activity in Romania remains one of the lowest in the...
Enel Invested EUR400M In High-Voltage Power Lines In Muntenia, Banat, Dobrogea In Last 10 Years
E-Distributie Muntenia, the electricity distribution company held by Italy’s utility group Enel, has installed some 60 new power transformers at its stations in the region of Muntenia and is...
OMV Puts Off Decision On Black Sea Offshore Investments Until 2019
Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the Romanian government took too long to set the framework condit...
AAF: Asset Management Funds Invested RON12.6B In Romanian Companies
Asset management funds invested over RON12.6 billion in Romanian companies, according to data released Tuesday by the Association of Fund Managers in Romania (AAF).
VTEX Targets Investments Of Over EUR2M In Next 5 Years After Opening Office In Romania
VTEX, global provider of cloud e-commerce solutions for large companies and one of the world’s leading e-commerce platforms, opened an office in Romania in September and announced investment...