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Macroeconomics

ZF Expert: Romania Needs Consumption And Investments

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that w...

Catalina Apostoiu · 27.10.2014 · 00:00 · 2 min
Petrom Director: Cheap Crude Oil Puts Pressure On Investments
Energy

Petrom Director: Cheap Crude Oil Puts Pressure On Investments

Crude oil decline to some $80 a barrel puts pressure on investments and authorities must be very careful when it comes to levying taxes in the oil industry, said Gabriel Selischi, responsibl...

Ecaterina Craciun · 21.10.2014 · 19:43 · 1 min
Volumetric Sold 10,000 Of Land In Central Romania For Construction Of Billa And Penny Stores
Real Estate

Volumetric Sold 10,000 Of Land In Central Romania For Construction Of Billa And Penny Stores

Spanish realtor Volumetric, which owns lands of nearly 40,000 sqm in Romania’s cities of Brasov, Bucharest and Pitesti for the development of residential projects, sold over 10,000 sqm of it...

Ecaterina Craciun · 21.10.2014 · 14:44 · 1 min
The Advisers/Knight Frank: Real Estate Deals In Romania Seen Reaching EUR800M In 2014
Real Estate

The Advisers/Knight Frank: Real Estate Deals In Romania Seen Reaching EUR800M In 2014

Real estate in Romania are expected to reach nearly EUR800 million in 2014, which would translate into a spectacular increase compared to EUR63 million in crisis year 2009, due to the reviva...

Ecaterina Craciun · 16.10.2014 · 17:40 · 1 min
ESPE Energia Plans To Invest EUR40M In Building Micro Hydropower Plants In Romania
Energy

ESPE Energia Plans To Invest EUR40M In Building Micro Hydropower Plants In Romania

ESPE Energia, part of Italian group ESPE, wants to invest EUR40 million in the construction of micro hydropower plants in Romania, the company’s Chief Financial Officer, Lucian Ghidarcia, sa...

Ecaterina Craciun · 14.10.2014 · 14:05 · 1 min
Romania Posted Biggest Growth In Real Estate Deals In CEE In January-September
Real Estate

Romania Posted Biggest Growth In Real Estate Deals In CEE In January-September

Romania had the biggest growth in real estate transaction volumes in Central and Eastern Europe in January-September, of 215%, to nearly EUR700 million, but the country remains less attracti...

Oana Gavrila · 13.10.2014 · 13:51 · 1 min
ArcelorMittal Galati Needs To Invest EUR100M To Become Modern Steel Plant
Energy

ArcelorMittal Galati Needs To Invest EUR100M To Become Modern Steel Plant

ArcelorMittal Galati needs to invest EUR100 million to reach the performance of a modern steel plant, Ionel Bors, country manager for Romania, told a press conference Thursday.

Ecaterina Craciun · 09.10.2014 · 13:43 · 1 min
AmCham: Romania May Attract New Investments In 2015 Under A Stable Government
Social/Politics

AmCham: Romania May Attract New Investments In 2015 Under A Stable Government

Romania might attract new investors next year in the context of the current conflicts in Ukraine, if it has a stable government and a President in agreement with the government, Nadia Crisan...

Gabriela Stan · 06.10.2014 · 14:29 · 1 min
Hercesa To Invest EUR30M In 3rd Stage Of Residential Compound Vivenda, Renovation Of Old Building
Real Estate

Hercesa To Invest EUR30M In 3rd Stage Of Residential Compound Vivenda, Renovation Of Old Building

Spanish company Hercesa plans to set off in 2015 the construction of the third stage of residential compound Vivenda in Bucharest and is in talks to start a partnership for the renovation of...

Ecaterina Craciun · 05.10.2014 · 14:37 · 1 min