PROJECTS
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Dumitru, Fiscal Council: Government Should Focus On Few, Clearly Communicated Projects
The new government, with a one-year mandate, should focus on few, clear projects, mainly on increasing tax collection, which would be clearly communicated, an on increasing transparency and...
JLL: Real Estate Developers Mull Finalizing Investments Worth Over EUR88M In 2016
Real estate developers plan to finalize investments totaling 700,000 square meters in Romania in 2016, worth over EUR88 million, according to a report of real estate consulting firm JLL.
DeSilva Properties Invests EUR20M In Three Residential Projects
Real estate developer DeSilva Properties, controlled by businessman Virgil Calina, will develop three residential projects that will be presented at the National Housing Fair (tIMOn), follow...
Globalworth Gets EUR45M Financing To Complete Bucharest One And For Acquisitions Or Other Projects
Real estate investment firm Globalworth, founded and run by Greek businessman Ioannis Papalekas, obtained a short-term financing facility of EUR45 million from Oak Hill and York Capital grou...
IFC Set To Shortly Grant EUR100M Funding In Romania
International Finance Corporation, the World Bank’s private investment arm, will announce the granting of funding worth as much as EUR100 million in the next ten days, with the institution a...
Romania Sets 2015 Guarantee Ceiling For Beneficiaries Of EU-Funded Projects At RON100M
The guarantee ceiling for the beneficiaries of projects financed from European Union funds was set at RON100 million for 2015, Romania’s Finance Minister Darius Valcov said Wednesday at the...
Nuclearelectrica Wants To Access EU Funds To Co-Finance EUR200M Projects
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) plans to access European Union funds to co-finance several projects whose cumulated value reaches nearly EUR200 million.
Real Estate Developers In Romania Need Loans Of EUR250 Million To Continue Projects
Several real estate developers in Romania will seek to attract financing of around EUR300 million this year to take their mall or office projects further, with the biggest funds being needed...
Romania Envisages 24% Higher Investment Expenditures In 2015, Of RON44.8B
Romania budgeted investment expenditures of RON44.76 billion for 2015, up 24% from the level forecasted for 2014, according to the draft budget published by the Finance Ministry Thursday.