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CNADNR Paid Some EUR1.2B For Romania’s Top Ten Highway Projects
Romania’s national roads authority CNADNR paid around EUR1.2 billion for the country’s ten leading highway construction sites, which are nearly 250-km long and whose overall costs amount to...
AFI Europe To Build 60,000 Sqm Office Compound In Bucharest On Land Of Former Inox Factory
Real estate developer AFI Europe has received its building permit for a second mall in Bucharest, for which works are slated to start this year or early 2014, and the developer also plans to...
Romanian Development Ministry Won’t Start Any New Projects This Year
Romania’s Ministry of Regional Development will not start any new projects this year and will instead focus on finishing the 3,000 projects under various stages of completion countrywide, a...
Adrem Invest: A Country’s Economy Is Made Of Major Projects, Not Production Of Screws
Adrem Invest, a Romanian-held company specializing in industrial equipment, says state support for Romanian companies in major international auctions can be key to developing the local indus...
Energobit To End 2012 With 20% Higher Turnover, Over 900 Employees - Executive
Romanian engineering group EnergoBit expects a nearly 20% year-on-year increase in turnover in 2012 to over EUR160 million due to ongoing projects and investments.
Romania Mulls Outsourcing Evaluation, Development Operations Of EU's Projects
The Romanian Government aims to outsource the evaluation and development operations of the European Union’s-funded projects, Premier Victor Ponta said Saturday.
NEPI Targets Major Investment Project In Romania In 2012
South African investment fund New Europe Property Investments (NEPI), one of the most active realty investors on the Romanian market over the past years, plans to invest in a major project i...
Suceava, Romania To Upgrade 12 Streets For EUR8.3M
The city of Suceava, northern Romania, will rehabilitate 12 streets and two bridges through a EUR8.3 million project funded through the Regional Operations Program (ROP), mayor Ion Lungu ann...
Agriculture Ministry To Annul EUR800M Projects Unless Farmers Find Co-Financing
Romanian Agriculture Minister Daniel Constantin said Tuesday that projects totaling EUR800 million will be annulled unless farmers find co-financing over the next three months.