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BVB Launches Project For Promoting Companies With Growth Potential
Capital Market

BVB Launches Project For Promoting Companies With Growth Potential

Bucharest Stock Exchange (BVB) launches “Made in Romania” project, that will identify and promote next most innovative Romanian and regional companies, BVB said in a statement Monday.

Gabriela Stan · 06.02.2017 · 16:34 · 1 min
International Projects Generated 10% Of Elsaco Group Revenue In 2016
Energy

International Projects Generated 10% Of Elsaco Group Revenue In 2016

Last year was quite a challenging year for the Elsaco group in Botosani (northern Romania), which specializes in energy projects and energy efficiency solutions, because of the lack of inves...

Loredana Frățilă-Cristescu · 20.01.2017 · 11:00 · 1 min
Vastint Starts Construction Of New Office Project
Real Estate

Vastint Starts Construction Of New Office Project

Vastint Romania, the real estate division of Inter IKEA group controlled by Swedish billionaire Ingvar Kamprad, who controls the IKEA network, is starting the construction of office project...

Ecaterina Craciun · 08.06.2016 · 13:03 · 1 min
Sanex To Complete EUR1.4M Project Co-financed Via Norwegian Financial Mechanism
Companies

Sanex To Complete EUR1.4M Project Co-financed Via Norwegian Financial Mechanism

Sanex SA, part of Lasselsberger group, the leading ceramic tiles manufacturer in Romania, will complete a new investment, of EUR1.4 million, in April 2016, in the factory in Cluj Napoca (nor...

Ecaterina Craciun · 11.04.2016 · 13:00 · 1 min
Energy

Transelectrica: Powerline Project Between Romania And Serbia To Be Completed In 2017

The 400-kilovolt powerline project connecting the western Romanian town of Resita with Serbia's city of Pancevo, will be completed at the end of 2017, Razvan Purdila, manager of Romanian pow...

Gabriela Stan · 23.02.2016 · 18:20 · 1 min
OMV Petrom Considers Restructuring Plan
Capital Market

OMV Petrom Considers Restructuring Plan

The oil price slump is forcing oil and natural gas producer OMV Petrom (SNP.RO) to consider restructuring, a step that will affect both projects and the number of employees, in order to navi...

Loredana Frățilă-Cristescu · 15.02.2016 · 09:30 · 1 min
Memorandums For EUR11.5B Energy Projects Signed In Eight Years, None Implemented
Energy

Memorandums For EUR11.5B Energy Projects Signed In Eight Years, None Implemented

New chapters are added to the book of memorandums of Romania’s energy sector every year but no project actually gets off the ground.

Loredana Frățilă-Cristescu · 04.09.2015 · 08:52 · 1 min
Sika: Rebound In Demand From Private Sector Construction Projects
Companies

Sika: Rebound In Demand From Private Sector Construction Projects

The construction industry in Romania has entered a new cycle of growth, albeit slight, because of private sector investment. However, public construction projects are the ones that can induc...

Loredana Frățilă-Cristescu · 26.06.2015 · 13:43 · 2 min
AFI Palace Arad On Hold Due To Romania's Economic Situation
Retail&Consumer

AFI Palace Arad On Hold Due To Romania's Economic Situation

Construction of the AFI Palace Arad retail park, which was originally supposed to start in 2008 and be completed in 2010, no longer has a timeline, according to company officials, who say th...

Oana Gavrila · 01.04.2015 · 13:20 · 1 min