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INVESTMENTS

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Romgaz Invests In Gas Storage, Dehydration Units
Energy

Romgaz Invests In Gas Storage, Dehydration Units

Romania’s state-owned natural gas producer Romgaz Medias hasn’t discovered any new deposits, but it is investing in storage units and dehydration facilities, an Economy Ministry official sai...

Bogdan Neagu · 19.09.2013 · 15:06 · 1 min
Prospectiuni Invested RON81M In Business Expansion In January-August
Energy

Prospectiuni Invested RON81M In Business Expansion In January-August

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) has invested 80.5 million lei (EUR18 million) to expand its business capabilities in the first eight months of 2013, chief ex...

Florentina Dragu · 18.09.2013 · 13:42 · 1 min
Decline Of Investments Weighs Down On Romania's Economy
Macroeconomics

Decline Of Investments Weighs Down On Romania's Economy

Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat.

Oana Gavrila · 05.09.2013 · 08:08 · 2 min
Romania 1H Net Investment Falls 2.3% To RON27.9B
Macroeconomics

Romania 1H Net Investment Falls 2.3% To RON27.9B

Romanian first-half net investments fell 2.3% to 27.93 billion lei (EUR6.31 billion) from the year-earlier period, on declining activity in constructions, the country’s statistics institute...

Florentina Dragu · 03.09.2013 · 10:00 · 1 min
Transgaz Plans RON2.4B Investment By 2017
Energy

Transgaz Plans RON2.4B Investment By 2017

Romanian state-owned natural gas transporter Transgaz Medias (TGN.RO) plans to invest at least 2.4 billion lei (EUR541 million) in network upgrade and new pipelines by 2017, the company said...

Florentina Dragu · 26.08.2013 · 20:25 · 1 min
Transgaz Mulls Bond Issues, New Loans To Finance Investments
Energy

Transgaz Mulls Bond Issues, New Loans To Finance Investments

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) is considering launching a series of bond issues or taking out loans to finance its investments scheduled for the 2013-201...

Florentina Dragu · 26.08.2013 · 13:20 · 1 min
Former Brewer Becomes Renewable Energy Investor
Energy

Former Brewer Becomes Renewable Energy Investor

Virgil Mailat, the businessman who introduced PET bottled beer in Romania at the time he was a shareholder of Bere Mures brewery, has completed renewable energy projects worth around EUR43 m...

Ecaterina Craciun · 21.08.2013 · 07:34 · 1 min
Flanco Invests EUR450,000 To Refurbish 10 Stores
Retail&Consumer

Flanco Invests EUR450,000 To Refurbish 10 Stores

Romanian electronics and appliances retailer Flanco invested around EUR450,000 since the beginning of the year to refurbish ten stores and will open two more stores by the end of the year, t...

Oana Gavrila · 20.08.2013 · 13:47 · 1 min
Macon Invests EUR370,000 In Doubling Terracotta Production
Companies

Macon Invests EUR370,000 In Doubling Terracotta Production

Building materials manufacturer Macon, part of a group of companies held by Polish private equity firm Enterprise Investors, has invested EUR370,000 in a new kiln meant to double its current...

Ecaterina Craciun · 05.08.2013 · 14:12 · 1 min