Investment
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Pilkington pulls the plug on $100m Romanian investment
Not every investment project is bound to come true, as proven by the British glass company Pilkington, which halted the construction of a window plant in Romania. The investment had been est...
Bucharest ranks 20th in the world in terms of investment projects
Bucharest climbed up from the 37th to the 20th position in the region ranking based on the number of investment projects attracted in 2002, registering one of the fastest growth rates along...
Investment funds woo romanian home appliance retailers
The market of home appliances boomed to $150 million last year and may soar to $1 billion in the medium term. So what may the companies operating in this sector need? First of all financing...
Four investment banks selected to underwrite Romania's 500m eurobonds
How many banks have been hired to underwrite the eurobonds issued by Romania this year? "Two... no, in fact there's four."The long selection process of the banks that will broker the eurobon...
4m euro investment in two LaDorna plants
Suceava-based companies LaDorna Cheese and LaDorna Agri will invest approximately 4 million euros in building two cheese factories in Suceava County. The projects of the two companies, worth...
120m euro investment in CET Vest
Va Tech Hydro and Electrocentrale Bucharest on Tuesday in Vienna signed a memorandum for upgrading CET Vest Bucharest. The project is worth 120 million euros. "The station runs on natural ga...
Stil investment recovered in 4 years
Bucharest-based Stil Hotel anticipates 60% occupancy rate in 2003, which would allow it to break even in three to four years, Dragos Paraschiv, general manager of the hotel said. The hotel,...
Economic growth fails to boost foreign direct investment
In its third year of economic growth, Romania was unable to attract more than one billion dollars in foreign direct investment, although the authorities were counting on $1.7 billion.Romania...
$10m investment in warehouses
Atlas Realty & Development has invested ten million dollars in building a storage and office complex in Pipera, Bucharest, Nicholas Stamboulis, company representative said. The complex, Atla...