INVESTMENTS
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E.ON Targets EUR95M Investments In Romania In 2014
E.ON Romania, the local unit of German utility E.ON, has earmarked 406 million lei (EUR95 million) for investments in 2014, the company’s chief executive officer Frank Hajdinjak said Tuesday...
Bucharest Among World’s Cities With Over 100,000 Sqm Of Retail Space Under Construction
Bucharest, Kiev and Sofia are the only capital cities in Central and Eastern Europe (CEE) where real estate developers are building shopping centers totaling over 100,000 square meters, acco...
Mega Image To Continue Expansion In Capital City Bucharest
Mega Image, part of Belgian retail group Delhaize, will continue its expansion in capital city Bucharest where it plans to build a new logistics center meant to support its expansion plans,...
Huawei To Hike Investments Value, Employees Number In Romania
Chinese IT&C equipment maker Huawei plans to increase the value of investments in Romania and the number of employees to 1,000 by 2018, out of which 70% are Romanians, the company’s manageme...
Romania Needs EUR30B Energy Investments In The Next 15-20 Years
Romania’s energy industry requires investments of over EUR30 billion over the next 15 to 30 years to boost competitiveness and ensure its independence from foreign resources, according to of...
Bilka Steel Buys Romlag Brasov Assets, Plans Investments Of EUR5M By 2016
Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, bought the real estate assets of bankrupt Romlag Brasov and plans to invest EUR5 million in its industrial dev...
Grup Servicii Petroliere Invests $44M In Uranus Drilling Rig
Grup Servicii Petroliere (GSP), owned by Romanian businessman Gabriel Comanescu, has invested over $44 million in the Uranus drilling rig, using both its own resources and funds from state-r...
Romgaz Eyes Over RON1B Investments, Up To 80% In Exploration
Romanian state-run natural gas producer Romgaz Medias (SGN.RO) has an investment program of over 1 billion lei (EUR222 million), out of which up to 80% will be used for exploration, Virgil M...
CEZ Will Continue To Invest Up To EUR50M A Year In Electricity Grids
CEZ Romania will continue to invest up to EUR50 million every year in electricity grids, while the Romanian state should invest in production capacities, Adrian Borotea, corporate affairs ma...