INVESTMENTS
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Roads Authority Targets RON5.5B Investments In 2015
Romania's roads authority CNADNR has budgeted investment costs of RON5.49 billion in 2015, up 2.3-fold compared to the amount budgeted for 2014, and expects to end 2015 with 6,491 employees,...
Maritime Ports Administration Constanta Targets RON207M Investments In 2015
The Maritime Ports Administration Constanta, which administers the Constanta seaport, will allot RON207.7 million in 2015 for investments, 40% below last year’s investment budget.
Dedeman Plans To Invest Over EUR60M To Open At Least 4 New Stores In 2015
DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least fo...
EBRD Boosted Investment In Romania By 16.5% Last Year, To EUR592M
Investments in Romania by the European Bank for Reconstruction and Development increased 16.5% in 2014, to EUR592 million, even though the number of financed projects dropped from 32 to 26.
E.ON To Invest RON150M In Natural Gas Distribution Networks In 2015, Same As In 2014
E.ON Distributie, a unit of German utility group E.ON, will invest in 2015 at least RON150 million in natural gas distribution networks, which is similar with the amount allocated in 2014.
Hercesa May Start Construction Of Office Building In Bucharest In 2015
Spanish company Hercesa is likely to start the construction of a nearly 5,000-square meter office building on a plot of land it owns in Bucharest’s Piata Unirii Square, within an investment...
Maurer Imobiliare Completes 90 Apartments In Residential Compound In Sibiu
Real estate developer Maurer Imobiliare completed 90 apartments in a residential compound in Sibiu (central Romania) and plans to complete another 180 units by November 2015.
Immofinanz Resumes Investments In Romania, Allots EUR35M For Expansion Of Iride Business Park
Austria’s Immofinanz Group, with assets of over EUR900 million in Romania, earmarked EUR35 million for the expansion of the Iride Business Park in Pipera, northern Bucharest.
FAN Courier To Invest EUR8M Next Year In Fleet And New Transit Center
Romanian courier services company FAN Courier plans to make involvements of EUR8 million in 2015, half of which will go into fleet renewal and expansion and EUR1-1.5 million in the building...