September 29, 2014 13:40
Transelectrica, the domestic system and transmission operator, announced the signing of the contract for the refurbishment of the Bradu station, the total investment amounting to almost 29.4 million euro, without VAT according to a notification sent to the Bucharest Stock Exchange....more »
September 15, 2014 15:54
OMV Petrom celebrated the finalization of the most recent modernization programme of Petrobrazi refinery, marking the 80th anniversary of the refinery in a ceremony attended by Prime Minister Victor Ponta, Gerhard Roiss, President of OMV Petrom’s Supervisory Board and CEO of OMV, Mariana Gheorghe, CEO of OMV Petrom, among others. The modernization project run between 2010 and 2014 required investment of about 600 million euro aimed at increasing the competitiveness of the Petrobrazi installation....more »
September 05, 2014 11:07
Dedeman today inaugurates the third store in Bucharest, in Colentina district, following investment of nearly 16 million euro, according to the DIY retailer. The inauguration comes after three weeks from the opening of another store in Deva, hence the company’s national network expands to 39 units and will be further increased, as Dedeman will open a new establishment shortly, this time in Targu Jiu....more »
August 18, 2014 15:30
Siemens opens a new research and development center, this time in Cluj-Napoca, which will be operated under Evosoft brand, its subsidiary. The total investment in the IT center amounted to 4.5 million euro, announces the company that plans to hire over 200 specialists by 2017 to work in global projects for software and product development for all its divisions....more »
July 09, 2014 13:51
Vimetco Extrusion has completed an investment of 19 million lei (4.3 million euro) in a programme aimed at enhancing efficiency, as well as its competitiveness. Part of the funds, 7 million lei, was provided by the European Union through the European Fund for Regional Development as grants....more »
July 08, 2014 14:27
American company Emerson has completed an investment of 76 million dollar (nearly 56 million euro) that has been designated for extending the production and engineering operations in Cluj-Napoca and for two specialized engineering centers, reads »
July 02, 2014 14:41
Vodafone Romania has opened a new IT service and support center in Bucharest to serve five telecom operators of the group from Germany, Ireland, Italy, Spain and the UK, according to Mediafax. It is Vodafone’s second regional center, following the Danubius Network Operations Center inaugurated in March 2013....more »
June 30, 2014 16:52
Raiffeisen Investment has announced the closing of the Romanian-based office effective as from July 1, 2014, decision which is subject to a new regional strategy and which includes similar decisions as regards offices from Sofia, Belgrade, Kiev, Moscow and Vienna, according to ZF....more »
June 20, 2014 13:49
Plastics processor Romcarbon will implement this year two investment projects aimed at introducing high tech equipment in packaging production and plastics recycling. Total investment comes to 6.5 million euro of which 2.25 million euro are the ...more »
May 28, 2014 14:33
Dragos Paval, Dedeman’s CEO, announced yesterday during a meeting with Iurie Leanca, the Moldavian Prime Minister, that plans to expand its operations abroad, the Republic of Moldova being the first investment destination, where will open two stores in Chisinau. For this new project, Dedeman estimates investment will amount to 30 million euro, creating some 400 new jobs....more »
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