INVESTMENTS
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Romania’s Energy Sector Needs EUR100B Investments By 2035 - Draft Strategy
Romania’s energy sector requires investments of nearly EUR100 billion between 2015 and 2035, according to the country’s new draft strategy drawn up by the Energy Department.
Net Investment In Romania Economy Fell 6% On Year To RON42.7B In Jan-Sept
Romanian net investments fell 5.9% to 42.67 billion lei (EUR9.6 billion) in the first nine months of 2014 from the year-earlier period, due to falling activity in constructions and lower fun...
EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years
The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years.
Regina Maria To Invest EUR4M In Expansion Next Year, Targets 20% Growth In Turnover
Private medical service provider Regina Maria will invest more than EUR4 million in network expansion in 2015 and estimates a 20% growth in turnover, a company official said Monday.
Michelin Group Head: Romania’s Economy Still Has A Long Way To Go
Romania is among the countries in Central and Eastern Europe with growth potential for Michelin, but its economy still needs to grow, Jean-Dominique Senard, Chief Executive Officer of French...
Posta Romana Broker de Asigurare To Invest RON6M In Next Three Years
The Romanian state-owned postal operator's insurance brokerage division, Posta Romana Broker de Asigurare, plans to invest RON6 million (EUR1.35 million) in the first three years of activity...
OMV Petrom To Review 2015 Investment Plans On Crude Oil Price Drop
Romania’s leading oil&gas company OMV Petrom (SNP.RO) announced Thursday that it will review its investment plans for 2015, due to volatile and weaker market fundamentals, such as the decrea...
PM Asks Ministers To Spend Public Investment Funds
Romanian Prime Minister Victor Ponta asked the ministers to spend the funds available for public investments by the end of the year, adding that the development requires money spent, not bud...
Da Vinci Group Development Invests EUR3M In Residential Building In Bucharest
Two Romanian businessmen are investing EUR3 million in an apartment building that will have around 90 apartments, located near Bucharest's Tineretului Park.