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Builder Taffo Expects 21% Turnover Growth in 2021 YOY
Real Estate

Builder Taffo Expects 21% Turnover Growth in 2021 YOY

Taffo, a Baia Mare-based building company owned by three shareholders, expects turnover to rise by 70% in 2021 on the year on the basis of construction sites underway.

Alina-Elena Vasiliu · 13.10.2021 · 09:52 · 1 min
Astaldi, Romania’s Biggest Builder: The Pandemic Has Not Slowed down Projects in Romania
Companies

Astaldi, Romania’s Biggest Builder: The Pandemic Has Not Slowed down Projects in Romania

The pandemic has not slowed down the constructions works Italy’s Astaldi group is carrying out in Romania, shows the latest financial report published by the company.

Alina-Elena Vasiliu · 27.08.2021 · 11:01 · 1 min
Transelectrica Unveils 20 Strategic Projects To Develop Electricity Transmission Grid
Energy

Transelectrica Unveils 20 Strategic Projects To Develop Electricity Transmission Grid

Romanian state-owned power grid operator Transelectrica (TEL.RO) said Thursday in a stock market announcement that it drew up a list of minimum 20 strategic projects which will make the elec...

Ecaterina Craciun · 05.08.2021 · 18:05 · 2 min
NEPI Rockcastle Targets EUR140M Investments In Project Development In Romania
Real Estate

NEPI Rockcastle Targets EUR140M Investments In Project Development In Romania

South-African investment fund NEPI Rockcastle, the leading investor and developer of retail properties in Central and Eastern Europe and the largest shopping mall owner in Romania, targets i...

Ecaterina Craciun · 03.08.2021 · 11:44 · 1 min
CEZ Romania Looks To Access EUR500M EU Funds For Various Projects
Energy

CEZ Romania Looks To Access EUR500M EU Funds For Various Projects

CEZ Romania, one of the largest players in the field of electricity supply and distribution, said it was planning to access European Union funds, through all programs available, in the amoun...

Ecaterina Craciun · 06.07.2021 · 14:02 · 1 min
EY: Romania Ranks 18th In Europe By Foreign Direct Investment
Companies

EY: Romania Ranks 18th In Europe By Foreign Direct Investment

Romania kept its 18th spot in 2020 among 51 countries in Europe regarding foreign direct investment (FDI), with 57 foreign investment projects, compared with 78 projects in 2019, which trans...

Ecaterina Craciun · 07.06.2021 · 12:58 · 2 min
Hidroconstructia’s Three Largest Ongoing Investment Projects In Romania Total EUR90M
Companies

Hidroconstructia’s Three Largest Ongoing Investment Projects In Romania Total EUR90M

The three largest ongoing investment projects carried out on the local market by Hidroconstructia, one of the largest builders in Romania, are worth a total EUR90 million.

Ecaterina Craciun · 03.06.2021 · 19:29 · 1 min
Delgaz Grid Completes RON16.8M EU-Funded Project For Upgrades On Three Transformer Stations In Iasi
Energy

Delgaz Grid Completes RON16.8M EU-Funded Project For Upgrades On Three Transformer Stations In Iasi

Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, is completing an investment project worth RON16.8 million, financed from EU funds, where...

Ecaterina Craciun · 28.05.2021 · 14:50 · 1 min
Romanian Government Granted RON664M State Aid in Past 11 Months
Social/Politics

Romanian Government Granted RON664M State Aid in Past 11 Months

Romania's finance ministry has granted state aid to companies in the past 11 months totaling RON664 million for 21 projects with a major impact on the economy and regional development projec...

Oana Gavrila · 02.10.2020 · 15:29 · 1 min