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Hidroelectrica To Put EUR58M Hydropower Plant Into Operation In December
Romanian state-owned electricity generator Hidroelectrica on Friday said it will slate into operation the Bretea hydropower plant in Hunedoara county, on the River Strei, in December, follow...
Armand And Greentech To Build EUR20M Solar Parks In Romania By End-2016
Armand Group, with operations in Romania’s renewable energy industry, and British profile company Greentech, said they will build solar parks of 20 megawatts in Romania by the end of 2016, f...
AFI Europe Invests EUR14-15M To Expand AFI Cotroceni Shopping Mall
AFI Europe is going to expand the entertainment area of AFI Cotroceni shopping center by 1,000 square meters, as well as the spaces of fashion retailers and the parking area by another 7,000...
Private Equity Investments In Romania Up 11% To EUR78M In 2014
Investments of private equity funds in Romania grew 11% in 2014, at EUR78 million, according to the European Private Equity and Venture Capital Association (EVCA).
Lactag Aims To Raise EUR5M In Secondary Public Offering For Investments
Romanian food company Lactag (LACT.RO), which owns two factories and a 35-convenience store network, aims to gather up to EUR5 million through a public offering on the Bucharest stock exchan...
Hercesa To Start Works On 3rd Stage Of Residential Compound Vivenda In September
Spanish real estate developer Hercesa will start works on the third stage of residential compound Vivenda Residencias in capital Bucharest, in September, within an investment estimated at EU...
Mandatory Private Pension Funds Gain EUR1B From Investments In 7 Years
Mandatory private pension funds (Pillar II) gained RON4.48 billion (around EUR1 billion) from investments in seven years from launching, for the over 6.3 million Romanians contributing to th...
Lulache: State Needs To Intervene To Support Nuclear Reactor Construction
Nuclearelectrica needs the government's help to build two new nuclear reactors in Cernavoda and although the time has passed when the state did everything, the stage of minimal intervention...
NEPI Invests EUR40M In Expanding City Park Mall In Constanta
South-African real estate investment fund NEPI (NEP.RO) has invested EUR40 million in expanding by 21,000 square meters the rentable area of shopping center City Park Mall in southeastern of...