Economics
A new real estate project to be developed in Bucharest – investment amounts to 40 mln euro
April 16, 2014 13:09
Element Development will develop a new real estate project on the site of the former Grivita brewery. The project valued at some 40 million euro also includes some of the old buildings in the area which will be conserved, according to a company ...more »
FAN Courier consolidates its leading position. Last year’s 6 mln euro investments, to be continued in 2014
April 15, 2014 21:42
FAN Courier, the leading courier company in the domestic market since 2006, keeps the upward trend the industry has seen in the last years, posting increasing turnover of nearly 63 million euro in 2013. The company has recorded a growth of 16 pe...more »
Best of Real Estate, celebrated at EuropaProperty’s annual gala
April 14, 2014 15:53
The best-performing real estate professionals in the South Eastern Europe region have been recognized by EuropaProperty during its 9th annual SEE Real Estate Awards Gala, last Thursday, April 10....more »
FDI, up nearly 36 pct in January-February period in 2014
April 11, 2014 16:00
The first two months of the year have seen a 35.6 percent year-on-year advance in terms of foreign direct investments (FDI) in Romania, totaling 282 million euro, according to a report released by Romania’s Central bank (BNR). ...more »
evoMAG: The domestic IT&C e-tail market, up 10 pct at three months in 2014
April 10, 2014 12:13
Romania’s online retail market has seen a 10 percent advance in the IT&C segment in the first three months of the year, coming to approximately 90 – 100 million euro, as per evoMAG.ro’s estimations.  The growth rate is less acceler...more »
Increasing exports and imports, as well as higher trade deficit in the first two months of the year
April 09, 2014 16:30
After a year during which the trade deficit kept narrowing, the latest report released by the National Institute of Statistics (INSSE), shows that the first two months of the year recorded a higher trade deficit compared to the similar period in...more »
Hidroelectrica has sold all the electricity budgeted for 2014
April 09, 2014 14:36
Hidroelectrica has already sold all the energy that was budgeted for sale this year following yesterday’s bid on OPCOM, the Centralized Market of Bilateral Contracts when sold almost 920 GWh for 153 million lei (about 35 million euro). ...more »
Chevron obtains a new construction permit, this time for the exploration well in Puiesti
April 09, 2014 12:35
Chevron received its second construction permit for a shale gas exploration well in Puiesti, Vaslui County. The local authorities have authorized the exploration project after more than half a year after starting the related procedures, Mediafax informs. Earlier this year, on January 30, the local Environmental Protection Agency issued an environmental permit for Chevron, authorizing drilling operations in the perimeter....more »
NEPI raises roughly 80 mln euro for future development and potential acquisitions
April 08, 2014 16:07
The South African investment group NEPI (New Europe Property Investment) has run an equity raising of some 80 million euro through an accelerated book build, funds that will be used to support its future development  and potential acquisition opportunities within Romania and the broader Central Eastern Europe region, according to an informing sent to the Bucharest Stock Exchange....more »
Hidroelectrica gets 105 mln lei from two bids on OPCOM
April 07, 2014 17:02
Hidroelectrica concluded 29 contracts for the sale of some 615.7 GWh, following bids on OPCOM (the Centralized Market of Bilateral Contracts) held on April 3 and 4, respectively, for an average price of 163.3 lei/MWh, consequently, the total value of those contracts comes to some 105 million lei....more »
Govnet Next Events