INVESTMENTS
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Secure Property Acquires 122 Apartments In Four Residential Compounds In Bucharest
Cyprus-based Secure Property Development & Investment (SPDI) has acquired 122 apartments in four residential compounds in capital Bucharest, whose net value is estimated at EUR3.3 million.
Ponta: Romania And China Engrossed In EUR6B Projects For Energy Sector And Infrastructure
Prime Minister Victor Ponta said Thursday that Romania and China are carrying out investment projects worth EUR6 billion, adding that in the current geopolitical context, with Romania backin...
MedLife To Open Clinics In Constanta and Craiova
MedLife, Romania's largest private medical services provider, said it will finalize in November the construction of a clinic in Constanta (southeastern Romania) and plans to set off in upcom...
Azomures Announces EUR220M Investments By End-2015
Romanian fertilizer maker Azomures plans to carry out investments of EUR220 million by the end of 2015 in order to comply with the environmental norms effective starting 2016, the company’s...
Romania 1H Net Investment Falls 9.1% To RON25.2B
Romanian first-half net investments fell 9.1% to 25.18 billion lei (EUR5.71 billion) from the year-earlier period, on declining activity in construction and machinery and equipment, the coun...
Portland Trust Keeps Floreasca Park In Its Portfolio, Plans To Invest More In Romania
Office building Floreasca Park, which was completed in 2014 and is the most recent investment in Romania of real estate developer Portland Trust, will remain in the company’s portfolio for o...
Electrica To Carry Out RON6.2B Investment Plan By 2018
Romanian energy company Electrica (EL.RO) plans to invest 6.2 billion lei (EUR1.4 billion) between 2014 and 2018, mainly in distribution equipments, the company said in a statement Thursday.
Helios Phoenix Expands Industrial Parks In Brasov, Timisoara, Targets Other Cities
Greek industrial park developer Helios Phoenix is expanding the Olympian Park projects in Brasov and Timisoara by around 25,000 square meters, as the existing space of more than 45,000 sqm h...
NEPI Plans To Buy 7.4-Ha Land In Piatra Neamt; Acquire Remaining Stake In Mega Mall Project
South-African investment fund New Europe Property Investment (NEP.RO) wants to buy a 7.4-hectare land in Piatra Neamt where it will develop a shopping center and to take over the remaining s...