TURKEY
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Romania Back in the Cards for New Volkswagen Plant Investment
Romania is back on the list of countries where Volkswagen might open a new plant for its future Passat and Skoda Superb generations, with talks over this started by the government in Bucharest.
Four Turkish Industrial Groups Build EUR180M Plants, Create Over 1,100 Jobs In Romania
Turkish industrial group Coskunoz is investing EUR20 million in the construction of a car parts factory in the locality of Dragasani (Olt County), and nearly half of the investment is covere...
Problems in Turkey Drive Online Travel Agency Paravion Insolvent
Romanian online travel agency Paravion, part of Happy Tour group, controlled by Spanish investment fund GED Capital, will enter insolvency starting August 8, citing problems on the Turkish m...
Coface: Recent Events In Turkey To Impact Romania Only In Terms Of Trade
The recent events related to the coup attempt in Turkey will impact Romania only in terms of trade, by tempering Romanian exports, given that Turkey is the main country of destination for Ro...
Romanian Travel Agency Paravion Enters Turkish Market
Paravion, a Romanian online travel agency, owned by investment fund GED Capital, has expanded its business to Turkey with the acquisition of online operator Bavul.com from Turkcell, Turkey's...
Transelectrica Signs Agreement For Romania-Turkey Underwater Power Cable
Romanian power grid operator Transelectrica and Italy's Prysmian PowerLink will form a team of experts that will analyze the technical, commercial, financial and legal aspects of the buildin...
Shell And Turkish Petroleum Start Exploration Drilling In Western Black Sea
Shell and Turkish Petroleum will start exploration activities in January in the western Black Sea, near the area where Exxon and OMV made a considerable gas discovery in 2012.
Turkish Businesses Invested $5B In Romania - President
Turkish businesses invested $5 billion in the Romanian economy and Romania hopes the amount will double, Romanian President Traian Basescu said Wednesday in Ankara, during a press conference...
Romania, Turkey Consider Building Underwater Electric Cable
Romania and Turkey on Friday re-launched the idea of building an underwater electric cable between the two countries, saying the current level of electricity prices and the available technol...