INVESTMENTS
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Vest-Energo Plans To Borrow EUR8.5M From Banks For Investments In Energy Production
Shareholders of Romanian energy producer Vest-Energo (VESE.RO), owner of CET Militari, have approved a decision to contract a loan of EUR8.5 million which will be used entirely for investmen...
EDP Renovaveis Suspended Investments In Romania Renewables In 1H
EDP Renovaveis, the renewable energy unit of Portuguese group EDP, the third largest investor on the Romanian renewable energy sector, has completely suspended investments on the local marke...
Boromir Mulls Taking RON24M Loan For Investments
Boromir Prod Buzau (SPCU.RO) will decide in stockholders’ meeting September 9 on taking a 18 million lei loan from ING Bank for investments and on opening an overdraft line worth RON6.8 mill...
OMV Petrom Invested EUR310M In Gorj County
Romania’s leading oil and gas producer OMV Petrom (SNP.RO) has invested EUR310 million in Gorj county, which became the county with the largest gas production in Petrom’s portfolio.
Electrica Shareholders OK RON860M Investment Plan For 2015
Shareholders of Romanian power supply and distribution company Electrica (EL.RO) approved Thursday the group’s investment plan for 2015, worth RON859.68 million, the company said in a statem...
MOL Romania To Invest Over EUR15M In 2015
MOL Romania will invest this year over EUR15 million in new gas stations, logistics, retail and the improving of operations' efficiency, CEO Kinga Daradics stated Wednesday.
Electrocentrale Grup Inaugurates EUR2.4M Solar Park
Romanian state-owned power producer Electrocentrale Grup on Friday inaugurated a solar park of 1.7 megawatts (MW) in Chiscani (Braila), following an investment of RON10.99 million (EUR2.4 mi...
Solar Parks, Wind Farms And Biomass Plants Worth Over EUR100M To Become Operational In Romania
Several photovoltaic parks, wind farms and biomass-fired power plants with a total installed capacity of over 60 megawatts (MW) will become operational in Romania in the upcoming period.
Romgaz To Invest Nearly EUR300M This Year
Romanian state-run gas producer Romgaz Medias (SNG.RO) will have a record investment budget this year, of RON1.32 billion (EUR296.6 million), nearly 22% higher than in 2014.