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Spring-Summer Stock Exchange Corrections Erase Up To 25% Of Investors’ Gains
Capital Market

Spring-Summer Stock Exchange Corrections Erase Up To 25% Of Investors’ Gains

The performance of the Bucharest stock exchange has been very similar in the past three years, with the bourse seeing a major surge at the beginning of the year, and corrections taking over...

Oana Gavrila · 26.04.2013 · 00:00 · 2 min
Clash Continues But Green Energy Producers Get Subsidies Of Over EUR160M And Investments Go Ahead
Energy

Clash Continues But Green Energy Producers Get Subsidies Of Over EUR160M And Investments Go Ahead

Green power has been the hottest topic in the energy sector since the beginning of this year, with the prospect of changes to the support scheme pitching against one another investors, the a...

Oana Gavrila · 23.04.2013 · 00:00 · 3 min
South African NEPI To Invest EUR500M In Romania By 2016
Real Estate

South African NEPI To Invest EUR500M In Romania By 2016

South-African investment fund New Europe Property Investment (NEP.RO) will expand to Serbia, Hungary, Slovenia, and Bulgaria, but Romania remains its primary market in the region and investm...

Oana Gavrila · 16.04.2013 · 12:08 · 1 min
Israel’s Tagor Invested EUR6M In Residential Compound Adora So Far
Real Estate

Israel’s Tagor Invested EUR6M In Residential Compound Adora So Far

Israeli-owned real estate developer Tagor has so far invested EUR6.1 million in residential compound Adora Urban Village located in south-western Bucharest.

Ecaterina Craciun · 10.04.2013 · 17:09 · 1 min
Plaza Centers Reports EUR34M Loss Due To Depreciation Of Romanian Assets
Real Estate

Plaza Centers Reports EUR34M Loss Due To Depreciation Of Romanian Assets

Israeli Plaza Centers, the real estate developer of the Casa Radio project in Romania’s capital city Bucharest, reported loss of EUR85.9 million in 2012, mainly due to a EUR34.1 million decr...

Ecaterina Craciun · 08.04.2013 · 19:16 · 1 min
OTE To Continue Investments In Cosmote And Romtelecom
Companies

OTE To Continue Investments In Cosmote And Romtelecom

The Romanian telecom market is one of the toughest in Europe, but it has a potential to grow and Michael Tsamaz, CEO and Chairman of OTE & Cosmote Greece, says for him it is a “personal bet”...

Oana Gavrila · 26.03.2013 · 08:28 · 5 min
Enel Invested Over EUR650M In Romanian Wind Energy In Three Years
Energy

Enel Invested Over EUR650M In Romanian Wind Energy In Three Years

Italian group Enel, which has become the largest private energy distributor in Romania following privatizations, reached investments of over EUR650 million in wind farms on the Romanian mark...

Manuela Panescu · 13.03.2013 · 00:00 · 1 min
Enel Green Power Committed EUR251M To Romania Wind Projects In 2012
Energy

Enel Green Power Committed EUR251M To Romania Wind Projects In 2012

Enel Green Power, a unit of Italy’s utility Enel, has invested EUR251 million in its Romanian wind energy network in 2012, the company said in its financial report Tuesday.

Florentina Dragu · 12.03.2013 · 16:07 · 1 min
CBRE: Developers May Resume Industrial Parks Construction
Real Estate

CBRE: Developers May Resume Industrial Parks Construction

Romanian developers may start the construction of the industrial parks put off for several years, following the economic and political stability, according to a report by real estate consult...

Manuela Panescu · 05.03.2013 · 17:00 · 1 min