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Romania’s PM courts the Chinese for transport and energy investments

News February 14, 2018 15:10 0 comments

PM Viorica Dancila and the Chinese ambassador in Romania, Xu Feihong, stated that the two countries should seek to increase the political dialogue and the economic cooperation, according to a government statement following the meeting…more »

BAT’s Ploiesti plant could be candidate for new Glo production

News January 17, 2018 15:13 0 comments

Romania is the first EU market where British American Tobacco (BAT) launched its next generation product called Glo in December and the company might consider its plant in Ploiesti for the production of this new…more »

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Shinzo Abe, first Japanese PM to visit Romania

News January 16, 2018 09:11 0 comments

PM Shinzo Abe will meet with president Klaus Iohannis on Tuesday, in a first visit undertaken by a Japanese head of government in Romania. According to the Presidential Administration, Abe will have close talks with…more »

Exclusive. Sonae Sierra exploring new shopping center investment in Romania

Commercial January 11, 2018 14:38 0 comments BR Exclusive

Sonae Sierra, the developer of the Parklake shopping center in Bucharest, is looking to develop from scratch a new shopping center in the Romanian capital or in another city locally. Thanos Efthymiopoulos, managing director, head…more »

TeraPlast integrates Politub activity as part of RON 21.8 mln deal

Constructions January 10, 2018 09:50 0 comments

Teraplast, the construction materials and installations group, has taken over the activity of Politub as of December 31, 2017. Politub, which is present in the gas and water piping market, was acquired from French company…more »

Vitantis Shopping Centre in Bucharest to undergo “substantial redesign” amid shifting retail trends

Commercial January 08, 2018 13:00 0 comments

Vitantis Shopping Centre will undergo a substantial redesign which will include a partial conversion of the existing commercial space, according to decision of Revetas Capital Advisors, the owner of the retail project that has over…more »

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Bucharest mayor announces new infrastructure investments for 2018

News January 03, 2018 16:47 0 comments

Gabriela Firea, the mayor of Bucharest, says that the municipality will kick off constructions works for new infrastructure projects this year, including the expansion of certain roads and passages. The mayor said the Bucharest City…more »

Romania’s government seeks EU backing for EUR 1.4 bln subway line to Henri Coanda airport

Constructions December 27, 2017 14:05 0 comments

The Ministry of Transport has submitted a financing request to the European Commission, the executive arm of the EU, for the sixth subway line in Bucharest set to link the Romanian capital with the international…more »

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European Commissioner Corina Cretu approves funding of project giving better access to potable water in Alba County

News December 20, 2017 16:01 0 comments

An investment of EUR 86.6 million will be made in Alba County’s potable water distribution system through the EU’s Cohesion Fund, benefitting 106,500 inhabitants.   EU Regional Policy Commissioner Corina Cretu stated: “Access to clean water…more »

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EU, EIB, EBRD and World Bank to finance permanent interconnection between electrical networks of Moldova and Romania

News December 20, 2017 15:18 0 comments

In a joint effort to strengthen the Republic of Moldova’s energy security, the EU, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the World Bank are providing a EUR…more »