Economics
September 19, 2013 16:56
The 'Monitoring Methodolgy of the Regulated Electricity Market' has been approved by ANRE (the National Energy Regulatory Authority). The monitoring framework is based on the requirements stipulated by the Law no. 123/2012 on electricity and natural gas....more »
September 18, 2013 17:11
The automotive parts manufacturer will receive a loan of EUR122,5 million from the European Bank for Reconstruction and Development (BERD) for developing the company's operations in several countries, including Romania. Through this financing, Faurecia will support the investment plan designed for the four countries where BERD operates: Maroc, Polonia, Rusia and Romania. Faurecia, which is the world's sixth largest automotive parts supplier has three unit productions in Romania: in Craiova, Talmaciu and Mioveni....more »
September 18, 2013 17:09
Billions of Euros in losses for Romania due to lower price of wheat...more »
September 18, 2013 16:35
With a planned rentable area of over 70,000 sqm, the Mega Mall project in Bucharest is set to start construction this year under a new shareholder structure. South-African real estate investment fund NEPI has acquired 70 percent of the shares in the project from a German firm specialized in developing retail projects.  The anchors of the project are for the moment Carrefour , C&A and  H&M....more »
September 18, 2013 10:21
The first seven months of 2013 saw a decrease of over 30 percent in the foreign direct investment (FDI) figures hitting an almost all times low. In 2012, the volume of  FDI in Romania amounted EUR 1.6 billion, the minimum of the past ten years....more »
September 17, 2013 16:34
The combined value of the wind projects in Romania exceeds 3.5 billion Euro and have a total installed  capacity of 2,100 MW. The leading investor in wind energy is Czech group CEZ  with a total of 600 MW in two of the biggest onshore wind farms in Europe, Fantanele and Cogealac....more »
September 16, 2013 16:32
The renewable energy division of Energias de Portugal, EDP Renovaveis continues the development of wind and solar parks and currently has projects of over EUR200 million in Romania. During the first half of 2013 EDPR added 28 MW of operational projects in Romania and another 144 MW under construction. Out of a total of EUR104 million invested in the first half of this year, EUR84 million were allocated for the European markets, particularly Poland and Romania, and the rest to the North American market. The Portuguese company will invest over EUR216 million to develop its 144 MW projects in Romania....more »
September 11, 2013 16:36
Real estate consulting firm CBRE Romania announced it's entrance on the property management market with the first project, Sun Plaza Shopping Center  owned by Austrian company S Immo.  department.The group manages 55 shopping centers in CEE and CBRE’s property management division manages about 1.7 million square meters in over 200 properties in six countries in Central and Eastern Europe. Sun Plaza is the second largest project developed by S Immo. It was opened in 2010 and hosts over 130 stores....more »
September 11, 2013 16:36
According to the report published by CBRE Romania about local investment market in H1 2013, prime properties across the country continue to be attractive for international investors as well as the local ones.   "The most important inv...more »
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