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INVESTMENTS

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AmCham Romania: Investments Should be Top Priority in Spending 2018 Budget
Analysis

AmCham Romania: Investments Should be Top Priority in Spending 2018 Budget

Romania's most relevant economic performance indicator in 2018 should be the implementation of the investment plan, to transfer economic growth into well-being, modern infrastructure, perfor...

Oana Gavrila · 19.02.2018 · 15:22 · 1 min
Rewe Romania Head: Rewe Group Invested EUR170M In Romania In 2016 And 2017 Alone
Companies

Rewe Romania Head: Rewe Group Invested EUR170M In Romania In 2016 And 2017 Alone

Rewe Group, which holds the Penny Market store chain in Romania, has invested EUR170 million in Romania over the last two years, in opening new stores, remodeling old stores and developing l...

Ecaterina Craciun · 07.02.2018 · 15:25 · 1 min
Transgaz Plans to Invest EUR1.6B in Next 8 Years
Energy

Transgaz Plans to Invest EUR1.6B in Next 8 Years

Romania's natural gas transmission company Transgaz (TGN.RO) will develop nine investment projects totaling EUR1.6 billion by 2026, company general manager Ion Sterian said Monday at the 10t...

Oana Gavrila · 05.02.2018 · 20:36 · 1 min
Electrica Invested RON727M In Infrastructure In 2017, Up 30% On Year
Companies

Electrica Invested RON727M In Infrastructure In 2017, Up 30% On Year

Electrica Group carried out investments of RON727 million in distribution infrastructure in 2017, up 30% compared with a year before, and member companies committed to a record investment pl...

Ecaterina Craciun · 29.01.2018 · 16:42 · 1 min
Investment Fund RC2 To Raise Stake In Policolor To 55.36% From 40%
Companies

Investment Fund RC2 To Raise Stake In Policolor To 55.36% From 40%

Cypriot investment fund Reconstruction Capital II Ltd (RC2) on Monday said it plans to buy an additional indirect stake of 15.36% of the shares of Romanian paint and coatings manufacturer Po...

Ecaterina Craciun · 15.01.2018 · 20:06 · 1 min
PHI Group To Build Industrial Park, Power Plant And Greenhouse In Transylvania
Companies

PHI Group To Build Industrial Park, Power Plant And Greenhouse In Transylvania

PHI Group, an US company investing in natural resources, energy and agriculture, signed a memorandum of understating with a Romanian firm, at the beginning of 2018, for the construction of a...

Ecaterina Craciun · 09.01.2018 · 12:57 · 1 min
E-Distributie Muntenia Invested RON18M In Upgrading 78 Power Transformation Stations In 2017
Energy

E-Distributie Muntenia Invested RON18M In Upgrading 78 Power Transformation Stations In 2017

E-Distributie Muntenia has invested nearly RON18 million in 2017 in upgrading 78 power transformation stations and power supply points in Bucharest and integrating them into the Telecontrol...

Ecaterina Craciun · 28.12.2017 · 17:47 · 1 min
Companies

Energy Ministry To Grant RON227-320M Financing For Investments At Iernut Power Plant

Romania’s Energy Ministry, the majority shareholder of state-owned natural gas producer Romgaz, will grant the company non-reimbursable financing of RON227-320 million for investments in gas...

Ecaterina Craciun · 11.12.2017 · 15:22 · 1 min
Globalworth Gets EUR340M From Share Issue; To Use Funds For Real Estate Projects In Romania, Poland
Real Estate

Globalworth Gets EUR340M From Share Issue; To Use Funds For Real Estate Projects In Romania, Poland

Real estate developer Globalworth has completed the issue of ordinary shares worth EUR330 million launched on November 14 and the revenue obtained will be used for investment projects in Pol...

Ecaterina Craciun · 08.12.2017 · 13:23 · 1 min