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Israel’s Tagor Starts Its Third Residential Project In Romania
Israeli-owned real estate developer Tagor will start the construction of a residential compound in Timisoara (western Romania), its third project on the local market.
Benevo To Start Construction Of Bucharest Shopping Center Victoria City In 2014
Real estate developer Benevo, controlled by Canadian businessman Michael Topolinski, said it wants to start the construction of shopping center Victoria City in capital city Bucharest in the...
German Continental’s 2013 Investments In Timisoara Tire Plant Kept At Nearly EUR29M
German auto group Continental’s investments in its tire plant in Timisoara (western Romania) will be kept in 2013 at last year’s level of nearly EUR29 million.
CE Hunedoara To Invest EUR60M In Coal Mines; Eyes Profitability – Official
Romanian state-owned electricity producer Complexul Energetic Hunedoara will invest EUR60 million in developing coal mines in Jiu Valley, in order to become profitable in two years at most,...
Belrom Wants To Expand Botosani Shopping Center In Nearly EUR3M Investments
Belgian real estate developer Belrom plans to invest nearly EUR3 million in expanding Botosani Shopping Center (northeastern Romania) by 5,000 square meters and an additional 500 parking lot...
Telecom Operators Invest EUR500M/Year In Romania
Telecom operators invest EUR400-EUR500 million annually in Romania and half of the amount goes to active telecom equipment, Florin Petolea, head of Alcatel-Lucent Romania, said Tuesday at ZF...
Telecom Operators Pledge To Keep Investing In Networks In 2014
Telecom operators will continue to invest tens of millions of euros in 2014 to extend network coverage and increase data transfer speed, representatives of Orange, Vodafone, UPC Romania, Rom...
Germany Invested Some EUR3B In Romania’s Construction And Retail Markets
Germany, the third largest foreign investor in Romania’ economy, with more than EUR6 billion pumped locally over the past twenty years, neither brought any of its major banks to Romania nor...
Coilprofil Targets 15% Higher Sales In 2013, To Some EUR10M
Metallic tile producer Coilprofil, part of Belgium’s Coilprofil group, estimates a 12% to 15% increase in sales in 2013, up to nearly EUR10 million.