INVESTMENTS
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Net Investment In Romanian Economy Rose 12.3% In 2012 To RON75.6B
Romanian net investments rose 12.3% to 75.57 billion lei (EUR17.3 billion) in 2012 compared with the previous year, on increasing activity across the board, the country’s statistics institut...
Azomures Plans $200M Investments In Next Three Years
Romanian chemical fertilizer maker Azomures (AZO.RO) plans to invest $200 million in the next three years, mainly to boost efficiency, the company’s general manager Mihai Anitei said Thursda...
Rising Consumption Makes Brewers Consider New Investments
Heineken and Ursus, the two largest local brewers, are getting ready to make new investments in manufacturing, the first carried through since the onset of the crisis.
Romania Plans To Halve Green Energy Support
A law significantly cutting the green energy support scheme could take effect as of July 1. At stake are investments of hundreds of millions of euros.
Petrom CEO: Romania Needs Energy Investments Of 3-4 Bln Euro Each Year
Romania needs very large investments in the energy sector, which still has huge potential, said Mariana Gheorghe, chief executive officer of OMV Petrom (SNP.RO), the country’s largest oil an...
JLL: Real Estate Investor Sentiment Regarding Romania Improved Towards End-2012
Investor sentiment regarding Romania’s macroeconomic fundamentals improved towards the end of 2012, leading to a more active investment market with a few large transactions in advanced stage...
S.African NEPI In Negotiations To Acquire The Lakeview Building
South-African investment fund New Europe Property Investment (NEP.RO) is in negotiations to acquire The Lakeview offices in Bucharest, owned by US group AIG Lincoln and businessman Dinu Patr...
Romania To Annul Public-Private Partnership Law, Promote New Law Under Emergency
The Romanian Government will annul the current Law on the public-private partnership, following criticism from the European Commission and the business environment representatives, aiming to...
Romanian Transport Ministry May Invest Over EUR3B In 2013, Including EU Funds
Romanian Transport Ministry may invest over EUR3 billion in 2013, including European Union funds, minister Relu Fenechiu said Friday.