INVESTMENTS
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Cosmote And Romtelecom To Invest More In 2013, CEO Says
Telecom operators Cosmote and Romtelecom, controlled by Greece’s OTE Group, will invest more money this year than in 2012, Nikolai Beckers, Chief Executive Officer of the two companies, told...
GfK: Consumption Is Declining, Investments Needed To Restore Confidence
Market research company GfK, which monitors 3,000 households in Romania, says consumer confidence is at a low. “The Government needs to attract investments,” says Andi Dumitrescu, general ma...
Phoenixy Invests EUR900,000 In Rooftop Photovoltaic Panels
Romanian corn puffs manufacturer Phoenixy will invest EUR900,000 to have photovoltaic panels installed on the rooftop of its factory in Baicoi (southern Romania).
Romania Wants To Attract At Least EUR10B In Investments By Yearend
The Romanian Government plans to attract investments of “at least EUR10 billion” by the end of the year, in the sectors of energy, mineral resources, agriculture, industry and infrastructure...
CFR Wants To Modernize Targu Mures Railway Station For Some EUR10M
Romania’s state-owned railway administrator CFR wants to award a contract estimated at 45.2 million lei (EUR10.2 million), net of VAT, for modernization works at the railway station in Targu...
Mures County Council Seeks EUR20M Loan For Public Projects
The Mures County Council seeks a 15-year loan for RON89 million lei (EUR19.8 million) to fund public investments.
EBRD Head: Romania Needs Growth That Can Create Jobs For The Young
The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial i...
West Gate And Novo Park Become BREEAM Certified Office Buildings
Office projects West Gate and Novo Park, located in western and northern Bucharest, have obtained the BREEAM Very Good certification and became the first green office parks on the local mark...
Romanians’ Stock Exchange Investments Reach EUR4B
Romanians’ stock market investments have reached 18.1 billion lei (EUR4.1 billion) and the bulk mainly target financial instruments like stocks and bonds, while around RON300 million are hel...