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INVESTMENTS

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Transelectrica Targets RON650M Investments In 2018
Companies

Transelectrica Targets RON650M Investments In 2018

Romanian state-run power grid operator Transelectrica has an investment budget of nearly RON650 million (nearly EUR145 million) for 2018, which will be used to modernize power transmission s...

Ecaterina Craciun · 06.12.2017 · 20:20 · 1 min
Alro Completes Investment Projects Worth Over $3.4M For Upgrades
Companies

Alro Completes Investment Projects Worth Over $3.4M For Upgrades

Romanian aluminum smelter Alro Slatina (ALR.RO) on Wednesday said it completed investment projects worth over $3.4 million for upgrades and improvements in energy efficiency and competitiven...

Ecaterina Craciun · 06.12.2017 · 17:31 · 2 min
Investment Fund V7 Capital Invests EUR50,000 In Wineful
Companies

Investment Fund V7 Capital Invests EUR50,000 In Wineful

Investment fund V7 Capital is investing EUR50,000 in Wineful startup, a virtual community and an online store for wine lovers, according to a statement released on Monday.

Ecaterina Craciun · 04.12.2017 · 14:13 · 1 min
Car Parts Manufacturer Preh Ends 2017 With EUR11M Investments At Its Factory In Brasov
Automotive

Car Parts Manufacturer Preh Ends 2017 With EUR11M Investments At Its Factory In Brasov

Car parts manufacturer Preh Romania, which works for Porsche, Mercedes, Audi and BMW, invested EUR8 million in the first nine months of 2017 in plastic injection molding machines, in a print...

Ecaterina Craciun · 29.11.2017 · 19:58 · 1 min
E-Distributie Dobrogea Invests RON1.7M In Modernizing Electricity Distribution Network
Companies

E-Distributie Dobrogea Invests RON1.7M In Modernizing Electricity Distribution Network

Electricity distribution company E-Distributie Dobrogea, owned by Italian utility group Enel, invested nearly RON1.7 million in modernizing the distribution network which consisted in instal...

Ecaterina Craciun · 10.11.2017 · 14:59 · 1 min
Immochan Investments In Brasov-Based Coresi Project Reach EUR340M
Real Estate

Immochan Investments In Brasov-Based Coresi Project Reach EUR340M

French Group Immochan, which developed shopping mall Coresi Shopping Resort on a part of the former platform Tractorul Brasov, has reached „halfway” with the project in Brasov after the reta...

Ecaterina Craciun · 10.11.2017 · 13:08 · 1 min
CFR’s Investment Budget Cut By RON1.1B In 2017
Automotive

CFR’s Investment Budget Cut By RON1.1B In 2017

The investment budget of state-owned railway company CFR SA was cut from RON3.02 billion, as stipulated in the budget version released in March 2017, to RON1.8 billion, as envisaged in the r...

Ecaterina Craciun · 06.11.2017 · 16:59 · 1 min
ArcelorMittal Galati Invests EUR30M In Modernization Works
Companies

ArcelorMittal Galati Invests EUR30M In Modernization Works

ArcelorMittal Galati, the largest steel mill in Romania, is investing EUR30 million in modernization works.

Ecaterina Craciun · 02.11.2017 · 13:26 · 1 min
Study: Investments In Coworking Spaces Gain Popularity Due To IT Industry And Startups
Real Estate

Study: Investments In Coworking Spaces Gain Popularity Due To IT Industry And Startups

Coworking spaces represent a relatively new concept in Romania, weighing just 1% in the overall office space stock, but the number of hubs of this type is expected to rise constantly in upco...

Ecaterina Craciun · 26.10.2017 · 16:35 · 1 min