George Copos: 70m Euros To Be Invested In ‘Ana Tower’ Office Building
According to businessman George Copos, the construction of the Ana Tower office building located near the Crowne Plaza hotel in Bucharest, will begin within 3-6 months. The investment is estimated at...
View ArticleRosia Montana Project 2010 Investment Hit With 469 UDS
Rosia Montana Gold Corporation (RMGC) officials say that the mining sector in Romania continues to have a genuine potential to become again the main national industry, representing an engine of...
View ArticleDanone To Invest 4.7 Million Euros In Romania
In 2010, the French dairy producer Danone grew its business in Romania by 10 % and reached a turnover of EUR 113 million. The company has announced that the growth was due to a market strategy which...
View ArticleVictor Ponta meets with Tony Blair in Bucharest
On Sunday Romania’s Prime Minister Victor Ponta met former British Prime Minister Tony Blair, who visited Bucharest after a previous visit in 2012. Victor Ponta said that discussing with somebody who...
View Article220 million euros for upgrading Danube-Black Sea, Poarta Alba – Midia...
According to a decision passed by the Government, over 220 million euros are set aside for investing in upgrading the Danube – Black Sea canal and the Poarta Alba – Midia Navodari canal. “This...
View ArticleDomeniile Ostrov to invest in wine tourism facilities
The Romanian wine maker Domeniile Ostrov declared it plans to invest a total of some EUR 4 million by the end of this year in wine tourism facilities. The wine maker has opened Dionis Hotel at its...
View ArticleRomania among the countries most vulnerable to slowing investment
The Institute of International Finance (IIF) said that Turkey, Romania, Poland and Morocco are among the countries most vulnerable to slowing investment in developing nations because of their...
View ArticleGSK will sell Romanian plant
The UK-based pharmaceuticals group, GlaxoSmithKline (GSK), excluded its plant in Brasov from the global production chain citing over-production for solid oral formulas. The group will seek a buyer for...
View ArticleMOL to invest in Romanian exploration
Hungary’s MOL Group, the oil and gas company, allotted USD 38 million for local investments in the exploration and production field. The company started seeking conventional hydrocarbon resources in...
View ArticleItalian developer invests in Timisoara
Real estate developer Borgo Italiano began the construction of an upscale residential complex in Timisoara, consisting of 87 villas, duplexes and row houses, a 25 M euro investment paid from...
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