INVESTMENTS
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Petrom’s Oil And Gas Output Declined Despite EUR7B Investments
Petrom, Romania’s only oil and gas producer, is set to step up exploration activities on the medium and long term after the company has focused, since privatization, on deposits already unde...
Minister: Setup Of CE Oltenia - Huadian Joint Venture To Start In Six Weeks
Economy Minister Constantin Nita said Saturday that procedures for the setting up of a joint venture between Romania’s energy holding Complexul Energetic Oltenia and China’s Huadian Corporat...
Hidroelectrica Plans RON377M Investment In 2014
Romanian state-run hydropower producer Hidroelectrica has scheduled investments worth 377 million lei (EUR85 million) for this year, mainly in upgrade works and “historical” projects, the co...
Papalekas’ Real Estate Fund Raises EUR144M On London Market For Further Investments
Globalworth Real Estate Investments, founded and owned by Greek businessman Ioannis Papalekas, one of the most active realty investors in Romania, raised EUR144 million on the London Stock E...
CBRE: Property Deals In Romania Saw Major Growth In 1Q/2014, To Over EUR300M
Romania ranks third in Central and Eastern Europe (CEE), after Poland and Russia, regarding the value of real estate transactions which saw tremendous growth in the first quarter of 2014, to...
Romania Hopes To Invest EUR2.9B From EU Funds In Agriculture This Year
Romania should absorb EUR2.9 billion in EU funds this year for investments in agriculture, EUR200 million more than in 2013, Agriculture Minister Daniel Constantin said Tuesday at a conferen...
Accenture Romania Targets EUR3-4M Investments In 2014
IT services provider Accenture Romania, the former Evoline company acquired in late 2013 by US giant Accenture, targets investments of EUR3-4 million in 2014, mainly to relocate the office i...
ING Pensii: Private Pension Funds To Invest EUR500M In Public Offerings In 2014-2015
Private pension funds in Romania may invest EUR500 million on the capital market, in new public offerings, between 2014 and 2015, said Raluca Tintoiu, general manager of ING Pensii.
NEPI Raises EUR80M Via Book Build To Fund Future Developments, Potential Acquisitions
South-African property investment fund New Europe Property Investments (NEP.RO) Tuesday raised around EUR80 million through a book build process which was substantially oversubscribed, and t...